Bahl & Gaynor Has Cut Its Methode Electronics (MEI) Holding; Hamel Associates Has Trimmed Its Duke Energy New (DUK) Holding

February 18, 2018 - By Louis Casey

Bahl & Gaynor Inc decreased Methode Electronics Inc (MEI) stake by 20.73% reported in 2017Q3 SEC filing. Bahl & Gaynor Inc sold 11,800 shares as Methode Electronics Inc (MEI)’s stock declined 8.53%. The Bahl & Gaynor Inc holds 45,115 shares with $1.91 million value, down from 56,915 last quarter. Methode Electronics Inc now has $1.55 billion valuation. The stock increased 0.12% or $0.05 during the last trading session, reaching $40.6. About 149,199 shares traded. Methode Electronics, Inc. (NYSE:MEI) has risen 40.98% since February 18, 2017 and is uptrending. It has outperformed by 24.28% the S&P500.

Hamel Associates Inc decreased Duke Energy Corp New (DUK) stake by 41.01% reported in 2017Q3 SEC filing. Hamel Associates Inc sold 10,508 shares as Duke Energy Corp New (DUK)’s stock rose 6.39%. The Hamel Associates Inc holds 15,118 shares with $1.27 million value, down from 25,626 last quarter. Duke Energy Corp New now has $53.69B valuation. The stock increased 0.66% or $0.5 during the last trading session, reaching $76.7. About 3.80 million shares traded or 8.17% up from the average. Duke Energy Corporation (NYSE:DUK) has risen 8.31% since February 18, 2017 and is uptrending. It has underperformed by 8.39% the S&P500.




Analysts await Methode Electronics, Inc. (NYSE:MEI) to report earnings on March, 1. They expect $0.65 earnings per share, up 3.17% or $0.02 from last year’s $0.63 per share. MEI’s profit will be $24.82M for 15.62 P/E if the $0.65 EPS becomes a reality. After $0.64 actual earnings per share reported by Methode Electronics, Inc. for the previous quarter, Wall Street now forecasts 1.56% EPS growth.

Bahl & Gaynor Inc increased Virtu Financial Inc. Cl A stake by 108,180 shares to 640,144 valued at $10.37M in 2017Q3. It also upped Amdocs Limited (NASDAQ:DOX) stake by 6,687 shares and now owns 21,045 shares. Texas Instruments Inc. (NASDAQ:TXN) was raised too.

Among 3 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Methode Electronics had 11 analyst reports since September 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, June 23 by Robert W. Baird. Craig Hallum upgraded Methode Electronics, Inc. (NYSE:MEI) rating on Friday, September 4. Craig Hallum has “Buy” rating and $40 target. The rating was downgraded by Craig Hallum on Friday, September 2 to “Hold”. The stock of Methode Electronics, Inc. (NYSE:MEI) has “Buy” rating given on Thursday, September 21 by Robert W. Baird. FBR Capital maintained the shares of MEI in report on Friday, December 9 with “Outperform” rating. Robert W. Baird maintained Methode Electronics, Inc. (NYSE:MEI) on Friday, December 8 with “Buy” rating. Robert W. Baird upgraded the stock to “Outperform” rating in Friday, June 24 report. The firm earned “Buy” rating on Tuesday, December 5 by FBR Capital. Robert W. Baird maintained Methode Electronics, Inc. (NYSE:MEI) rating on Monday, October 16. Robert W. Baird has “Buy” rating and $46.0 target. The rating was maintained by FBR Capital on Friday, March 3 with “Outperform”.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.02, from 1.05 in 2017Q2. It increased, as 48 investors sold DUK shares while 344 reduced holdings. 75 funds opened positions while 346 raised stakes. 391.64 million shares or 1.95% more from 384.16 million shares in 2017Q2 were reported. Douglass Winthrop Advisors Ltd Limited Liability Company reported 15,688 shares or 0.08% of all its holdings. Vaughan David Invs Incorporated Il reported 0.02% of its portfolio in Duke Energy Corporation (NYSE:DUK). Brick And Kyle Associate has invested 0.35% in Duke Energy Corporation (NYSE:DUK). Philadelphia Tru Company accumulated 92,168 shares. Moreover, Washington Trust National Bank & Trust has 0.07% invested in Duke Energy Corporation (NYSE:DUK) for 5,068 shares. Kanawha Capital Ltd Liability Com invested 0.06% of its portfolio in Duke Energy Corporation (NYSE:DUK). Commercial Bank holds 0.13% or 13,828 shares. Clearbridge Investments accumulated 362,117 shares. Intl has invested 0.22% in Duke Energy Corporation (NYSE:DUK). Glenmede Trust Communications Na invested in 113,517 shares or 0.04% of the stock. Fulton State Bank Na owns 0.26% invested in Duke Energy Corporation (NYSE:DUK) for 41,223 shares. Bp Plc reported 85,000 shares or 0.25% of all its holdings. Nelson Roberts Invest Advsr Ltd Co owns 1,333 shares for 0.04% of their portfolio. Wilbanks Smith Thomas Asset Management Limited Liability Corporation has 0.13% invested in Duke Energy Corporation (NYSE:DUK) for 18,348 shares. Alley Company Ltd Liability Company has invested 1.36% in Duke Energy Corporation (NYSE:DUK).

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