Crown Castle Intl New (CCI) Holder Rare Infrastructure LTD Has Cut Its Holding as Valuation Rose; As Emerson Elec Co Com (EMR) Shares Declined, Holder Montag A & Associates Cut Its Holding

May 26, 2018 - By Dolores Ford

Emerson Electric Co. (NYSE:EMR) Logo

Montag A & Associates Inc decreased its stake in Emerson Elec Co Com (EMR) by 29.29% based on its latest 2017Q4 regulatory filing with the SEC. Montag A & Associates Inc sold 5,341 shares as the company’s stock declined 2.50% with the market. The institutional investor held 12,896 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $899,000, down from 18,237 at the end of the previous reported quarter. Montag A & Associates Inc who had been investing in Emerson Elec Co Com for a number of months, seems to be less bullish one the $45.68 billion market cap company. The stock decreased 1.04% or $0.76 during the last trading session, reaching $72.49. About 2.89M shares traded. Emerson Electric Co. (NYSE:EMR) has risen 16.24% since May 26, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Rare Infrastructure Ltd decreased its stake in Crown Castle Intl Corp New (CCI) by 5.97% based on its latest 2017Q4 regulatory filing with the SEC. Rare Infrastructure Ltd sold 99,348 shares as the company’s stock rose 1.95% while stock markets declined. The institutional investor held 1.57M shares of the real estate investment trusts company at the end of 2017Q4, valued at $173.83M, down from 1.67M at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in Crown Castle Intl Corp New for a number of months, seems to be less bullish one the $42.62B market cap company. The stock increased 0.87% or $0.89 during the last trading session, reaching $102.74. About 1.43M shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 17.78% since May 26, 2017 and is uptrending. It has outperformed by 6.23% the S&P500.

Montag A & Associates Inc, which manages about $1.25B and $1.03B US Long portfolio, upped its stake in Analog Devices Inc (NASDAQ:ADI) by 5,168 shares to 7,670 shares, valued at $683,000 in 2017Q4, according to the filing. It also increased its holding in Amex Technology Sector Spdr (XLK) by 26,385 shares in the quarter, for a total of 30,157 shares, and has risen its stake in Borgwarner Inc Com (NYSE:BWA).

Investors sentiment increased to 0.95 in Q4 2017. Its up 0.09, from 0.86 in 2017Q3. It is positive, as 58 investors sold EMR shares while 427 reduced holdings. 107 funds opened positions while 353 raised stakes. 429.74 million shares or 0.74% less from 432.93 million shares in 2017Q3 were reported. Moreover, Richard Bernstein Advsrs Limited Com has 0.02% invested in Emerson Electric Co. (NYSE:EMR). Raymond James Na invested in 46,488 shares or 0.22% of the stock. Bartlett And Lc invested in 165,109 shares or 0.46% of the stock. Credit Suisse Ag holds 1.13M shares. Axa owns 373,766 shares or 0.1% of their US portfolio. Schroder Inv Management Grp Inc owns 1.47 million shares. Horizon Kinetics Ltd Limited Liability Company accumulated 26,980 shares. Epoch Ptnrs holds 2.77 million shares. Sumitomo Mitsui Asset Com Ltd, a Japan-based fund reported 45,830 shares. Ngam L P, a Massachusetts-based fund reported 100,585 shares. Ubs Asset Americas, a Illinois-based fund reported 2.41M shares. Wetherby Asset Mngmt invested in 0.16% or 16,327 shares. Fuller And Thaler Asset Mngmt owns 5,700 shares or 0% of their US portfolio. Gulf Retail Bank (Uk) holds 0.18% in Emerson Electric Co. (NYSE:EMR) or 203,425 shares. Moreover, Grand Jean Capital Management Incorporated has 0.11% invested in Emerson Electric Co. (NYSE:EMR).

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 7. They expect $0.86 EPS, up 26.47% or $0.18 from last year’s $0.68 per share. EMR’s profit will be $541.87 million for 21.07 P/E if the $0.86 EPS becomes a reality. After $0.76 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. Emerson Electric Co. had 91 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Emerson Electric Co. (NYSE:EMR) earned “Hold” rating by RBC Capital Markets on Wednesday, April 12. Stifel Nicolaus maintained it with “Buy” rating and $57 target in Wednesday, August 5 report. The firm earned “Sell” rating on Thursday, January 21 by Citigroup. The rating was maintained by Oppenheimer with “Hold” on Tuesday, August 1. RBC Capital Markets maintained Emerson Electric Co. (NYSE:EMR) on Thursday, September 28 with “Hold” rating. The firm has “Buy” rating given on Wednesday, August 2 by Stifel Nicolaus. The stock of Emerson Electric Co. (NYSE:EMR) has “Overweight” rating given on Monday, October 2 by Morgan Stanley. The firm has “Outperform” rating by Credit Suisse given on Monday, March 14. Cowen & Co maintained Emerson Electric Co. (NYSE:EMR) on Thursday, July 20 with “Hold” rating. On Friday, January 27 the stock rating was upgraded by Goldman Sachs to “Neutral”.

Since December 11, 2017, it had 0 buys, and 1 sale for $498,900 activity.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Benzinga.com which released: “Emerson Electric Q2 Earnings Preview” on April 30, 2018, also Seekingalpha.com with their article: “Emerson Electric: An Autonomous Future” published on May 09, 2018, Seekingalpha.com published: “Emerson posts FQ2 beat, raises outlook” on May 01, 2018. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Businesswire.com and their article: “Emerson to Make Available Materials from the Company’s Presentation at Electrical Products Group Conference” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Emerson Electric’s (EMR) CEO David Farr on Acquisition of Aventics from Triton Conference Call (Transcript)” with publication date: May 18, 2018.

Rare Infrastructure Ltd, which manages about $1.26B US Long portfolio, upped its stake in Williams Cos Inc Del (NYSE:WMB) by 636,692 shares to 3.33 million shares, valued at $101.64 million in 2017Q4, according to the filing. It also increased its holding in Transcanada Corp (NYSE:TRP) by 16,797 shares in the quarter, for a total of 157,727 shares, and has risen its stake in Genesee & Wyo Inc (NYSE:GWR).

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.34, from 1.58 in 2017Q3. It worsened, as 43 investors sold CCI shares while 214 reduced holdings. 84 funds opened positions while 235 raised stakes. 368.81 million shares or 2.36% less from 377.71 million shares in 2017Q3 were reported. Capwealth Limited Liability holds 1.04% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 52,183 shares. Asset Mgmt holds 0.5% in Crown Castle International Corp. (NYSE:REIT) or 7,466 shares. Proshare Advisors Ltd Limited Liability Company accumulated 0.12% or 160,817 shares. Dynamic Advsrs Solutions Ltd Co invested 0.08% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Da Davidson & owns 0.04% invested in Crown Castle International Corp. (NYSE:REIT) for 17,216 shares. New Mexico Educational Retirement Board reported 39,000 shares. Tealwood Asset Mgmt reported 37,836 shares. Riverhead Capital Llc owns 5,654 shares. Aviance Cap Mngmt Lc reported 0.85% stake. 65,170 are held by Df Dent & Company. Sector Pension Board stated it has 21,511 shares or 0.02% of all its holdings. Boston Common Asset Management Ltd Liability Company owns 1.18% invested in Crown Castle International Corp. (NYSE:REIT) for 89,301 shares. Barclays Public Llc reported 0.04% stake. Ascend Cap Ltd Liability holds 51,981 shares or 0.22% of its portfolio. Eaton Vance invested in 165,632 shares or 0.04% of the stock.

Among 21 analysts covering Crown Castle International Corp (NYSE:CCI), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Crown Castle International Corp had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, January 26 by Guggenheim. On Wednesday, November 29 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Friday, July 22. The rating was upgraded by Wells Fargo on Wednesday, March 8 to “Outperform”. RBC Capital Markets maintained it with “Buy” rating and $11700 target in Monday, April 23 report. The stock of Crown Castle International Corp. (NYSE:REIT) earned “Buy” rating by Deutsche Bank on Thursday, June 8. The firm has “Buy” rating given on Friday, October 23 by Stifel Nicolaus. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, April 17. On Friday, May 26 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Tuesday, July 18 by Cowen & Co.

Emerson Electric Co. (NYSE:EMR) Institutional Positions Chart

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