Carret Asset Management Holding In Emerson Electric Co (EMR) Was Has Raised; Darden Restaurants (DRI) Shareholder Trust Investment Advisors Has Lowered Holding

November 15, 2017 - By Henry Gaston

Trust Investment Advisors decreased its stake in Darden Restaurants Inc (DRI) by 60.59% based on its latest 2017Q2 regulatory filing with the SEC. Trust Investment Advisors sold 9,700 shares as the company’s stock rose 13.33% with the market. The institutional investor held 6,310 shares of the consumer services company at the end of 2017Q2, valued at $571,000, down from 16,010 at the end of the previous reported quarter. Trust Investment Advisors who had been investing in Darden Restaurants Inc for a number of months, seems to be less bullish one the $10.25B market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $82.85. About shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 31.96% since November 15, 2016 and is uptrending. It has outperformed by 15.26% the S&P500.




Carret Asset Management Llc increased its stake in Emerson Electric Co (EMR) by 16.23% based on its latest 2017Q2 regulatory filing with the SEC. Carret Asset Management Llc bought 5,832 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 41,760 shares of the consumer electronics and appliances company at the end of 2017Q2, valued at $2.49M, up from 35,928 at the end of the previous reported quarter. Carret Asset Management Llc who had been investing in Emerson Electric Co for a number of months, seems to be bullish on the $38.87 billion market cap company. The stock decreased 1.04% or $0.64 during the last trading session, reaching $60.74. About shares traded. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since November 15, 2016 and is uptrending. It has outperformed by 1.77% the S&P500.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Nasdaq.com which released: “Emerson Electric Co. Announces 15% Increase In Q4 Profit” on November 07, 2017, also Seekingalpha.com with their article: “Emerson Electric – Adding To Oil & Gas With Paradigm” published on October 17, 2017, Seekingalpha.com published: “Dividend Aristocrats In Focus Part 30: Emerson Electric” on November 03, 2017. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Seekingalpha.com and their article: “Emerson Electric – Rockwell Is Not The Automatic Solution” published on November 13, 2017 as well as Cnbc.com‘s news article titled: “Emerson Electric has made multiple offers for Rockwell Automation, sources say” with publication date: October 31, 2017.

Investors sentiment increased to 1 in Q2 2017. Its up 0.12, from 0.88 in 2017Q1. It improved, as 60 investors sold EMR shares while 407 reduced holdings. 86 funds opened positions while 383 raised stakes. 440.67 million shares or 1.25% more from 435.22 million shares in 2017Q1 were reported. Jones Cos Lllp, a Missouri-based fund reported 104,058 shares. Fulton Natl Bank Na invested 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR). Philadelphia Com stated it has 18,844 shares or 0.1% of all its holdings. Ngam Advsr Lp holds 0.06% in Emerson Electric Co. (NYSE:EMR) or 86,648 shares. Scopus Asset Mngmt Lp reported 0.12% stake. Ahl Prtn Llp holds 100,019 shares. Willis Counsel has invested 0.97% in Emerson Electric Co. (NYSE:EMR). West Oak Capital Limited Co invested in 27,886 shares or 0% of the stock. 6,742 are held by American Asset Mngmt. Guardian Ltd Partnership invested in 0.01% or 11,437 shares. Intact Management Incorporated invested 0.07% in Emerson Electric Co. (NYSE:EMR). Intrust State Bank Na holds 0.1% or 4,782 shares in its portfolio. Cetera Ltd Liability holds 0.04% or 11,396 shares in its portfolio. Cap Planning Advisors Limited Liability Corporation reported 0.12% in Emerson Electric Co. (NYSE:EMR). Weaver C Barksdale Assoc reported 24,208 shares stake.

Among 26 analysts covering Emerson Electric Co. (NYSE:EMR), 8 have Buy rating, 2 Sell and 16 Hold. Therefore 31% are positive. Emerson Electric Co. had 66 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, August 19, the company rating was downgraded by Credit Suisse. Barclays Capital maintained Emerson Electric Co. (NYSE:EMR) on Monday, July 18 with “Equalweight” rating. The stock of Emerson Electric Co. (NYSE:EMR) earned “Neutral” rating by Buckingham Research on Tuesday, December 13. The stock of Emerson Electric Co. (NYSE:EMR) has “Outperform” rating given on Monday, March 14 by Credit Suisse. UBS upgraded Emerson Electric Co. (NYSE:EMR) on Wednesday, February 8 to “Neutral” rating. On Tuesday, November 7 the stock rating was initiated by Cowen & Co with “Buy”. Societe Generale downgraded Emerson Electric Co. (NYSE:EMR) on Thursday, November 5 to “Hold” rating. The firm has “Neutral” rating by UBS given on Thursday, August 4. RBC Capital Markets maintained the shares of EMR in report on Monday, July 10 with “Hold” rating. The firm has “Sell” rating given on Monday, October 9 by Citigroup.

More important recent Darden Restaurants, Inc. (NYSE:DRI) news were published by: Nasdaq.com which released: “Darden Restaurants (DRI) Shares Cross Above 200 DMA” on October 18, 2017, also Gurufocus.com published article titled: “HS Management Partners, LLC Buys Darden Restaurants Inc, Kellogg Co, Coca-Cola …”, Seekingalpha.com published: “Argus lowers expectations on Darden Restaurants” on October 17, 2017. More interesting news about Darden Restaurants, Inc. (NYSE:DRI) was released by: Seekingalpha.com and their article: “A Look At Darden Restaurants – Low Leverage And Stable Business At A Decent …” with publication date: October 16, 2017.

Among 26 analysts covering Darden Restaurants (NYSE:DRI), 11 have Buy rating, 0 Sell and 15 Hold. Therefore 42% are positive. Darden Restaurants had 74 analyst reports since August 25, 2015 according to SRatingsIntel. SunTrust maintained it with “Neutral” rating and $67 target in Wednesday, October 5 report. The company was maintained on Wednesday, April 6 by Barclays Capital. BMO Capital Markets maintained it with “Market Perform” rating and $80 target in Thursday, October 19 report. The stock has “Buy” rating by Maxim Group on Friday, July 1. The rating was maintained by Jefferies with “Hold” on Monday, September 11. The stock has “Buy” rating by Canaccord Genuity on Tuesday, June 27. The firm earned “Buy” rating on Monday, October 2 by Citigroup. Citigroup maintained the shares of DRI in report on Monday, April 18 with “Buy” rating. Oppenheimer maintained Darden Restaurants, Inc. (NYSE:DRI) on Thursday, November 12 with “Outperform” rating. As per Friday, January 29, the company rating was downgraded by Raymond James.

Analysts await Darden Restaurants, Inc. (NYSE:DRI) to report earnings on December, 19. They expect $0.69 EPS, up 7.81% or $0.05 from last year’s $0.64 per share. DRI’s profit will be $85.37M for 30.02 P/E if the $0.69 EPS becomes a reality. After $0.99 actual EPS reported by Darden Restaurants, Inc. for the previous quarter, Wall Street now forecasts -30.30% negative EPS growth.

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