Sunday, 31 December 2017

Delta Asset Management Upped Its Stake in Eaton Plc (ETN) as Stock Price Rose; Van Den Berg Management I Has Cut Holding in Agnico Eagle Mines LTD (AEM) as Stock Price Rose

Delta Asset Management Llc increased its stake in Eaton Corp Plc (ETN) by 4.69% based on its latest 2017Q3 regulatory filing with the SEC. Delta Asset Management Llc bought 4,532 shares as the company’s stock rose 8.91% with the market. The institutional investor held 101,074 shares of the technology company at the end of 2017Q3, valued at $7.76 million, up from 96,542 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in Eaton Corp Plc for a number of months, seems to be bullish on the $35.14B market cap company. The stock increased 1.09% or $0.85 during the last trading session, reaching $79.01. About 3.25 million shares traded or 41.43% up from the average. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since December 30, 2016 and is uptrending. It has outperformed by 14.32% the S&P500.

Van Den Berg Management I Inc decreased its stake in Agnico Eagle Mines Ltd (AEM) by 3.74% based on its latest 2017Q3 regulatory filing with the SEC. Van Den Berg Management I Inc sold 7,065 shares as the company’s stock rose 5.17% with the market. The institutional investor held 181,797 shares of the precious metals company at the end of 2017Q3, valued at $8.22M, down from 188,862 at the end of the previous reported quarter. Van Den Berg Management I Inc who had been investing in Agnico Eagle Mines Ltd for a number of months, seems to be less bullish one the $10.63 billion market cap company. The stock decreased 0.32% or $0.15 during the last trading session, reaching $46.18. About 760,060 shares traded. Agnico Eagle Mines Limited (NYSE:AEM) has risen 7.82% since December 30, 2016 and is uptrending. It has underperformed by 8.88% the S&P500.

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 7 have Buy rating, 4 Sell and 18 Hold. Therefore 24% are positive. Eaton Corporation had 73 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Avondale given on Thursday, October 15. The stock has “Neutral” rating by William Blair on Thursday, October 15. The rating was upgraded by JP Morgan to “Overweight” on Friday, December 9. The rating was initiated by Credit Agricole with “Underperform” on Monday, October 19. CLSA initiated Eaton Corporation plc (NYSE:ETN) on Monday, October 19 with “Underperform” rating. On Wednesday, November 1 the stock rating was maintained by Jefferies with “Hold”. The stock has “Neutral” rating by Longbow on Monday, April 4. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, May 2. The firm has “Buy” rating by Credit Suisse given on Wednesday, November 1. The firm has “Hold” rating given on Wednesday, November 11 by Argus Research.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.07, from 1.07 in 2017Q2. It dropped, as 59 investors sold ETN shares while 280 reduced holdings. 80 funds opened positions while 259 raised stakes. 330.10 million shares or 0.23% less from 330.85 million shares in 2017Q2 were reported. Intrust Bank & Trust Na owns 11,631 shares. First Republic Invest Incorporated holds 147,605 shares or 0.08% of its portfolio. Carret Asset Management Limited Liability has invested 0.48% of its portfolio in Eaton Corporation plc (NYSE:ETN). South Texas Money Management Limited holds 399,994 shares. Smithfield Trust has 0.14% invested in Eaton Corporation plc (NYSE:ETN) for 13,152 shares. Retirement Of Alabama holds 0.09% in Eaton Corporation plc (NYSE:ETN) or 215,797 shares. Manning Napier Limited Liability holds 0.06% in Eaton Corporation plc (NYSE:ETN) or 92,888 shares. Pitcairn invested in 5,695 shares or 0.05% of the stock. Arrow holds 0.02% in Eaton Corporation plc (NYSE:ETN) or 1,250 shares. Alpha Cubed Invests Limited Liability Corporation has invested 2.03% in Eaton Corporation plc (NYSE:ETN). Pennsylvania Trust Co holds 45,431 shares or 0.17% of its portfolio. Fny Managed Accounts Ltd Liability Company holds 80 shares or 0.01% of its portfolio. Gabelli Funds Limited holds 0.1% or 235,000 shares in its portfolio. Cadence Natl Bank Na stated it has 0.69% of its portfolio in Eaton Corporation plc (NYSE:ETN). Tradewinds Cap Mgmt Limited Com, Washington-based fund reported 165 shares.

Analysts await Agnico Eagle Mines Limited (NYSE:AEM) to report earnings on February, 21. They expect $0.20 earnings per share, up 900.00% or $0.18 from last year’s $0.02 per share. AEM’s profit will be $46.04 million for 57.73 P/E if the $0.20 EPS becomes a reality. After $0.28 actual earnings per share reported by Agnico Eagle Mines Limited for the previous quarter, Wall Street now forecasts -28.57% negative EPS growth.

Among 16 analysts covering Agnico-Eagle Mines (NYSE:AEM), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Agnico-Eagle Mines had 46 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 19 by TD Securities. The firm has “Buy” rating by Desjardins Securities given on Wednesday, July 13. As per Tuesday, August 2, the company rating was initiated by Citigroup. On Tuesday, August 11 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets maintained it with “Hold” rating and $52.0 target in Sunday, December 3 report. The stock of Agnico Eagle Mines Limited (NYSE:AEM) has “Overweight” rating given on Friday, February 12 by Barclays Capital. The company was upgraded on Wednesday, March 29 by JP Morgan. RBC Capital Markets maintained it with “Sector Perform” rating and $46 target in Thursday, March 16 report. The rating was maintained by RBC Capital Markets with “Hold” on Monday, October 23. The stock of Agnico Eagle Mines Limited (NYSE:AEM) earned “Outperform” rating by BMO Capital Markets on Thursday, January 14.

The post Delta Asset Management Upped Its Stake in Eaton Plc (ETN) as Stock Price Rose; Van Den Berg Management I Has Cut Holding in Agnico Eagle Mines LTD (AEM) as Stock Price Rose appeared first on Stock Market News | HillCountryTimes | Get it Today.



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