Hengehold Capital Management Has Decreased Its Holding in Emerson Elec Co (EMR) by $985,116; Trust Department Mb Financial Bank N A Stake in Pepsico (PEP) Has Increased as Market Value Declined

June 19, 2018 - By Matt Maslow

Emerson Electric Co. (NYSE:EMR) Logo

Trust Department Mb Financial Bank N A increased its stake in Pepsico Inc (PEP) by 3.46% based on its latest 2018Q1 regulatory filing with the SEC. Trust Department Mb Financial Bank N A bought 3,278 shares as the company’s stock declined 9.58% with the market. The institutional investor held 97,928 shares of the consumer non-durables company at the end of 2018Q1, valued at $10.69M, up from 94,650 at the end of the previous reported quarter. Trust Department Mb Financial Bank N A who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $149.41 billion market cap company. The stock decreased 2.07% or $2.23 during the last trading session, reaching $105.38. About 4.31M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 14.65% since June 19, 2017 and is downtrending. It has underperformed by 27.22% the S&P500. Some Historical PEP News: 26/04/2018 – PEPSICO QTRLY SHR $0.94; QTRLY CORE SHR $0.96; QTRLY NET REV $12.56 BLN, UP 4 PCT; 26/04/2018 – PepsiCo 1Q Asia, Middle East and North Africa Rev $1.04B; 02/04/2018 – Cambodian farmers sue Thai sugar group Mitr Phol over alleged land grab; 25/05/2018 – PepsiCo Foods Canada Issues Ontario-Only Voluntary Recall of Select Ruffles® Regular Flavoured Potato Chips Due to Undisclosed Milk Ingredient; 26/04/2018 – PEPSICO- CEO SAYS ISSUES ARE IN NORTH AMERICAN BEVERAGES ONLY, PERFORMING WELL IN BEVERAGES INTERNATIONALLY; 26/04/2018 – PepsiCo 1Q Quaker Foods North America Rev $601M; 25/05/2018 – PEPSICO ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE BARE SNACKS; 26/04/2018 – PEPSICO CHIEF EXECUTIVE INDRA NOOYI COMMENTS ON CALL; 25/05/2018 – PepsiCo: Bare Snacks Leadership to Report to Frito-Lay North America; 26/04/2018 – PEPSICO INC – RECENT LOSSES IN COLA MARKET SHARE IN N. AMERICA HAVE LED TO A SUBPAR TOP LINE AND BOTTOM LINE PERFORMANCE OVER THE PAST 3 QUARTERS




Hengehold Capital Management Llc decreased its stake in Emerson Elec Co (EMR) by 18.32% based on its latest 2018Q1 regulatory filing with the SEC. Hengehold Capital Management Llc sold 14,487 shares as the company’s stock declined 1.41% with the market. The institutional investor held 64,581 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $4.41 million, down from 79,068 at the end of the previous reported quarter. Hengehold Capital Management Llc who had been investing in Emerson Elec Co for a number of months, seems to be less bullish one the $45.46B market cap company. The stock decreased 0.19% or $0.14 during the last trading session, reaching $72.14. About 2.02 million shares traded. Emerson Electric Co. (NYSE:EMR) has risen 22.35% since June 19, 2017 and is uptrending. It has outperformed by 9.78% the S&P500. Some Historical EMR News: 05/04/2018 – Emerson College Survey: Esports as Bridge Between US and China; 05/03/2018 – EMERSON – AGREEMENT TO PROVIDE ALL TOTAL GEOSCIENTISTS WITH ACCESS TO CO’S PARADIGM E&P SOFTWARE PORTFOLIO; 30/05/2018 – MOODY’S DOWNGRADES EMR CFR TO B3 FROM B2; 22/03/2018 – Variety: `Person of Interest Star Michael Emerson Seeks Sale of Spanish Villa; 17/05/2018 – Emerson Agrees to Buy Aventics; 18/04/2018 – Emerson Electric to Buy Textron’s Tools, Test Equipment Unit for $810M; 30/04/2018 – Fidelity Advisor Diversified Adds Emerson Electric; 15/03/2018 – EMERSON ELECTRIC CO SAYS EMERSON TRAILING THREE-MONTH ORDERS FOR FEB 2018 INCREASED 10 PERCENT – SEC FILING; 14/05/2018 – Emerson Electric Co. vs IPCO, LLC | FWD Entered | 05/11/2018; 23/04/2018 – Emerson Adds Support for the Google Assistant to Award-Winning Sensi Smart Thermostat Platform

Trust Department Mb Financial Bank N A, which manages about $875.22M US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 14,901 shares to 114,551 shares, valued at $5.24M in 2018Q1, according to the filing. It also reduced its holding in Spdr Trust Unit Ser 1 Etf (SPY) by 2,585 shares in the quarter, leaving it with 18,435 shares, and cut its stake in Boeing Co (NYSE:BA).

Investors sentiment is 0.86 in 2018 Q1. Its the same as in 2017Q4. It is without change, as 67 investors sold PEP shares while 715 reduced holdings. only 119 funds opened positions while 550 raised stakes. 956.07 million shares or 0.28% less from 958.76 million shares in 2017Q4 were reported. Parthenon Lc has invested 2.68% in PepsiCo, Inc. (NASDAQ:PEP). Viking Fund Mngmt Ltd Liability Corporation holds 0.69% or 33,500 shares in its portfolio. Hills Savings Bank Com invested in 52,787 shares. Moreover, 1St Source Bancorporation has 0.8% invested in PepsiCo, Inc. (NASDAQ:PEP). Cibc World Corporation reported 0.39% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Aspiriant Limited Liability Corporation owns 31,322 shares. Liberty Mutual Gp Asset holds 56,935 shares. Compton Cap Mngmt Ri reported 30,384 shares or 1.56% of all its holdings. 2,228 are held by Eubel Brady Suttman Asset Mngmt Inc. Cheviot Value Management has invested 1.37% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Artemis Inv Mgmt Llp, a United Kingdom-based fund reported 178,777 shares. Eagle Capital Mgmt Ltd Liability Corp has invested 0.02% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Blackrock holds 92.56 million shares or 0.48% of its portfolio. Ally Fin Inc invested in 0.52% or 32,000 shares. Mcrae Management holds 0.72% or 14,602 shares.

More recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Bizjournals.com which released: “PepsiCo buys SF-based Bare Foods as food giants shop Bay Area for innovation” on May 25, 2018. Also Nasdaq.com published the news titled: “New Research: Key Drivers of Growth for CBIZ, Range Resources, Pepsico, Kirby, Moog, and American Water Works …” on June 11, 2018. Fool.com‘s news article titled: “PepsiCo Bares Its Intentions With Its Latest Health Food Acquisition” with publication date: June 12, 2018 was also an interesting one.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained PepsiCo, Inc. (NASDAQ:PEP) on Friday, September 30 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Tuesday, July 11. The stock has “Equal Weight” rating by Barclays Capital on Monday, January 9. Deutsche Bank maintained PepsiCo, Inc. (NASDAQ:PEP) on Friday, July 8 with “Buy” rating. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by Cowen & Co on Monday, January 8. Susquehanna maintained it with “Buy” rating and $13300 target in Thursday, July 6 report. RBC Capital Markets maintained it with “Sector Perform” rating and $115 target in Thursday, October 5 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Outperform” rating by Credit Suisse on Friday, September 16. The stock has “Buy” rating by Credit Suisse on Friday, April 28. The company was downgraded on Wednesday, June 7 by BMO Capital Markets.

More news for Emerson Electric Co. (NYSE:EMR) were recently published by: Globenewswire.com, which released: “Research Report Identifies Avangrid, Entercom Communications, Kennedy-Wilson, Emerson Electric, Amgen, and vTv …” on June 12, 2018. Seekingalpha.com‘s article titled: “Is 61 Years Of Dividend Increases Enough To Convince You?” and published on June 08, 2018 is yet another important article.

Investors sentiment decreased to 0.71 in Q1 2018. Its down 0.24, from 0.95 in 2017Q4. It dived, as 41 investors sold EMR shares while 512 reduced holdings. 122 funds opened positions while 268 raised stakes. 427.58 million shares or 0.50% less from 429.74 million shares in 2017Q4 were reported. Nomura Asset Company has invested 0.08% in Emerson Electric Co. (NYSE:EMR). Moreover, Evercore Wealth Mngmt Ltd has 0.13% invested in Emerson Electric Co. (NYSE:EMR). Jacobs And Ca accumulated 40,367 shares. Murphy Mngmt Inc has 0.15% invested in Emerson Electric Co. (NYSE:EMR) for 15,747 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 649,564 shares. Bangor Savings Bank stated it has 0.04% in Emerson Electric Co. (NYSE:EMR). The Alabama-based Oakworth Cap Inc has invested 0.06% in Emerson Electric Co. (NYSE:EMR). Gulf Int Bank & Trust (Uk) holds 203,052 shares or 0.18% of its portfolio. Robeco Institutional Asset Management Bv owns 380,548 shares. Motco stated it has 0.05% in Emerson Electric Co. (NYSE:EMR). Miles Incorporated invested in 0.65% or 17,132 shares. Fiduciary Tru accumulated 239,117 shares. Retirement System Of Alabama owns 303,273 shares. 35,055 are held by Chesley Taft & Associate Limited Liability. Nelson Roberts Investment Advsr Llc has 231 shares for 0% of their portfolio.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 7. They expect $0.86 earnings per share, up 26.47% or $0.18 from last year’s $0.68 per share. EMR’s profit will be $541.88 million for 20.97 P/E if the $0.86 EPS becomes a reality. After $0.76 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Hengehold Capital Management Llc, which manages about $470.50M and $382.04M US Long portfolio, upped its stake in Rydex Etf Trust (RSP) by 6,011 shares to 357,566 shares, valued at $35.57 million in 2018Q1, according to the filing. It also increased its holding in Claymore Exchange Trd Fd Tr (BSCJ) by 350,112 shares in the quarter, for a total of 373,596 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG).

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

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