Ronna Sue Cohen Has Lowered Emerson Electric (EMR) Stake as Share Value Declined; As Total Sys Svcs (TSS) Valuation Rose, Shareholder Kerrisdale Advisers Decreased by $2.97 Million Its Position

February 22, 2018 - By wolcottdaily

Ronna Sue Cohen decreased its stake in Emerson Electric (EMR) by 68.09% based on its latest 2017Q3 regulatory filing with the SEC. Ronna Sue Cohen sold 46,623 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 21,849 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $1.37M, down from 68,472 at the end of the previous reported quarter. Ronna Sue Cohen who had been investing in Emerson Electric for a number of months, seems to be less bullish one the $45.92 billion market cap company. The stock increased 0.72% or $0.515 during the last trading session, reaching $72.325. About 1.15 million shares traded. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since February 22, 2017 and is uptrending. It has outperformed by 1.77% the S&P500.

Sahm Adrangi decreased its stake in Total Sys Svcs Inc (TSS) by 48.71% based on its latest 2017Q3 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 45,749 shares as the company’s stock rose 7.40% with the market. The hedge fund run by Sahm Adrangi held 48,170 shares of the miscellaneous company at the end of 2017Q3, valued at $3.16M, down from 93,919 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Total Sys Svcs Inc for a number of months, seems to be less bullish one the $16.02 billion market cap company. The stock increased 0.65% or $0.56 during the last trading session, reaching $87.12. About 344,615 shares traded. Total System Services, Inc. (NYSE:TSS) has risen 9.69% since February 22, 2017 and is uptrending. It has underperformed by 7.01% the S&P500.

Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.22, from 1.33 in 2017Q2. It worsened, as 27 investors sold TSS shares while 149 reduced holdings. 54 funds opened positions while 142 raised stakes. 136.72 million shares or 0.41% less from 137.29 million shares in 2017Q2 were reported. Colony Gru Limited has invested 0.04% in Total System Services, Inc. (NYSE:TSS). Barrow Hanley Mewhinney & Strauss Limited Liability Com reported 1.73 million shares. Stifel Fincl has 24,497 shares. The New York-based Jennison Assoc Ltd Liability has invested 0% in Total System Services, Inc. (NYSE:TSS). Huntington Bancorporation owns 49 shares or 0% of their US portfolio. Stevens Capital Mngmt Lp invested in 0.21% or 85,083 shares. Utah Retirement Sys owns 0.05% invested in Total System Services, Inc. (NYSE:TSS) for 33,327 shares. Eagle Asset Management Inc holds 0.17% or 448,182 shares. Advantus Capital Mgmt holds 0.03% of its portfolio in Total System Services, Inc. (NYSE:TSS) for 16,926 shares. Fred Alger Management reported 54,198 shares. Catalyst Cap Advsr Limited Liability invested 0.11% of its portfolio in Total System Services, Inc. (NYSE:TSS). Polar Asset Mngmt Incorporated, a Ontario – Canada-based fund reported 395,400 shares. Dnb Asset Mgmt As reported 17,336 shares or 0.02% of all its holdings. Canada Pension Plan Board reported 59,370 shares. Retail Bank has invested 0.01% in Total System Services, Inc. (NYSE:TSS).

Analysts await Total System Services, Inc. (NYSE:TSS) to report earnings on April, 24. They expect $0.94 earnings per share, up 18.99% or $0.15 from last year’s $0.79 per share. TSS’s profit will be $172.82 million for 23.17 P/E if the $0.94 EPS becomes a reality. After $0.77 actual earnings per share reported by Total System Services, Inc. for the previous quarter, Wall Street now forecasts 22.08% EPS growth.

Kerrisdale Advisers Llc, which manages about $371.12M and $95.80 million US Long portfolio, upped its stake in Luxoft Hldg Inc (NYSE:LXFT) by 459,033 shares to 765,514 shares, valued at $36.59 million in 2017Q3, according to the filing.

Among 31 analysts covering Total System Services (NYSE:TSS), 18 have Buy rating, 1 Sell and 12 Hold. Therefore 58% are positive. Total System Services had 104 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, April 11 by Wood. The rating was upgraded by Wells Fargo to “Outperform” on Wednesday, April 27. As per Tuesday, January 5, the company rating was upgraded by Credit Suisse. The stock of Total System Services, Inc. (NYSE:TSS) earned “Underperform” rating by Credit Suisse on Friday, December 11. On Wednesday, May 3 the stock rating was downgraded by First Analysis to “Equal-Weight”. The rating was downgraded by Robert W. Baird on Thursday, July 30 to “Neutral”. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, July 26. Robert W. Baird maintained Total System Services, Inc. (NYSE:TSS) rating on Wednesday, January 24. Robert W. Baird has “Outperform” rating and $94 target. The stock of Total System Services, Inc. (NYSE:TSS) earned “Overweight” rating by Barclays Capital on Monday, April 11. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, July 18 report.

Since January 26, 2018, it had 0 insider buys, and 10 selling transactions for $32.13 million activity. Watson Patricia A had sold 1,301 shares worth $110,253 on Wednesday, February 14. $4.35 million worth of Total System Services, Inc. (NYSE:TSS) shares were sold by WOODS M TROY. 66,856 shares valued at $5.67M were sold by GRIFFITH G SANDERS III on Wednesday, February 14. Another trade for 7,546 shares valued at $666,259 was made by USSERY RICHARD W on Friday, January 26. The insider WEAVER DORENDA K sold 2,686 shares worth $235,868.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on May, 1. They expect $0.71 EPS, up 22.41% or $0.13 from last year’s $0.58 per share. EMR’s profit will be $450.74M for 25.47 P/E if the $0.71 EPS becomes a reality. After $0.58 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 22.41% EPS growth.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.14, from 1 in 2017Q2. It dived, as 44 investors sold EMR shares while 444 reduced holdings. 92 funds opened positions while 328 raised stakes. 432.93 million shares or 1.76% less from 440.67 million shares in 2017Q2 were reported. Moreover, Barrett Asset Lc has 0.1% invested in Emerson Electric Co. (NYSE:EMR). Carret Asset Management Limited Liability holds 0.4% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 39,925 shares. Buckhead Capital Mgmt Ltd Liability reported 12,130 shares. Union Fincl Bank, a Virginia-based fund reported 5,450 shares. Beaumont Fincl Prns Ltd Company stated it has 4,370 shares. Dorsey & Whitney Trust Ltd Co owns 63,431 shares. Alexandria Capital Ltd Limited Liability Company accumulated 0.06% or 4,050 shares. Adage Cap Prtnrs Group Inc Ltd Limited Liability Company has invested 0.66% in Emerson Electric Co. (NYSE:EMR). Denver Inv Advsrs Ltd Limited Liability Company reported 47,853 shares. Boys Arnold & Company has 0.42% invested in Emerson Electric Co. (NYSE:EMR). Sabal Trust Com reported 9,640 shares. Iberiabank holds 0.65% or 62,726 shares in its portfolio. The Massachusetts-based Eaton Vance Mngmt has invested 0.37% in Emerson Electric Co. (NYSE:EMR). Signaturefd Ltd Llc, a Georgia-based fund reported 7,387 shares. Sg Americas Securities has invested 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR).

Ronna Sue Cohen, which manages about $131.15M US Long portfolio, upped its stake in United Parcel Service (NYSE:UPS) by 4,630 shares to 25,255 shares, valued at $3.03 million in 2017Q3, according to the filing.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts