Smith Asset Management Group LP Has Cut Rockwell Automation (ROK) Position By $30.88 Million; BUTLER NATIONAL CORPORATION (BUKS) Shorts Up By 983.33%

February 16, 2018 - By Ellis Scott

Smith Asset Management Group Lp decreased Rockwell Automation (ROK) stake by 63.96% reported in 2017Q3 SEC filing. Smith Asset Management Group Lp sold 173,470 shares as Rockwell Automation (ROK)’s stock rose 3.58%. The Smith Asset Management Group Lp holds 97,740 shares with $17.42 million value, down from 271,210 last quarter. Rockwell Automation now has $23.97B valuation. The stock increased 0.26% or $0.49 during the last trading session, reaching $187.58. About 988,210 shares traded or 12.01% up from the average. Rockwell Automation Inc. (NYSE:ROK) has risen 42.76% since February 16, 2017 and is uptrending. It has outperformed by 26.06% the S&P500.

BUTLER NATIONAL CORPORATION (OTCMKTS:BUKS) had an increase of 983.33% in short interest. BUKS’s SI was 6,500 shares in February as released by FINRA. Its up 983.33% from 600 shares previously. With 45,600 avg volume, 0 days are for BUTLER NATIONAL CORPORATION (OTCMKTS:BUKS)’s short sellers to cover BUKS’s short positions. The stock increased 3.98% or $0.01 during the last trading session, reaching $0.29. About shares traded. Butler National Corporation (OTCMKTS:BUKS) has 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Since August 16, 2017, it had 0 insider buys, and 11 selling transactions for $26.87 million activity. On Thursday, February 1 the insider Murphy Robert B sold $139,200. Shares for $980,000 were sold by Goris Patrick P.. Another trade for 43,100 shares valued at $7.66 million was sold by Kulaszewicz Frank C. $293,016 worth of Rockwell Automation Inc. (NYSE:ROK) was sold by Moret Blake D. on Thursday, September 14. 28,800 Rockwell Automation Inc. (NYSE:ROK) shares with value of $5.80M were sold by Schmitt Susan. CRANDALL THEODORE D sold 23,600 shares worth $4.74M. The insider DORGAN DAVID M sold $495,161.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.24, from 1.26 in 2017Q2. It worsened, as 42 investors sold ROK shares while 210 reduced holdings. 56 funds opened positions while 201 raised stakes. 86.14 million shares or 1.05% less from 87.06 million shares in 2017Q2 were reported. Cibc Markets invested in 34,803 shares or 0.06% of the stock. Eaton Vance stated it has 252,479 shares. Cedar Hill Assoc Limited Com owns 2,125 shares for 0.07% of their portfolio. Pittenger And Anderson owns 271 shares or 0% of their US portfolio. Caxton Limited Partnership owns 45,000 shares or 0.29% of their US portfolio. Moreover, Bowen Hanes Com has 0.04% invested in Rockwell Automation Inc. (NYSE:ROK) for 4,500 shares. Univest Corporation Of Pennsylvania stated it has 1,438 shares or 0.11% of all its holdings. Stratos Wealth Ptnrs accumulated 2,697 shares or 0.02% of the stock. Winch Advisory Services Lc invested in 0.83% or 7,120 shares. Brinker Cap stated it has 13,085 shares. Cobblestone Advsrs Limited Liability Co Ny accumulated 2,557 shares or 0.06% of the stock. Louisiana State Employees Retirement System, Louisiana-based fund reported 8,000 shares. Barometer Capital Incorporated stated it has 81,925 shares. Royal Fincl Bank Of Canada, Ontario – Canada-based fund reported 291,491 shares. Pictet Asset Management owns 859,437 shares for 0.43% of their portfolio.

Among 29 analysts covering Rockwell Automation (NYSE:ROK), 4 have Buy rating, 3 Sell and 22 Hold. Therefore 14% are positive. Rockwell Automation had 64 analyst reports since September 9, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, October 9 by Citigroup. The rating was maintained by Oppenheimer on Friday, August 18 with “Hold”. The company was maintained on Wednesday, August 23 by Credit Suisse. The firm earned “Neutral” rating on Monday, November 13 by Robert W. Baird. Sterne Agee CRT initiated the stock with “Underperform” rating in Wednesday, September 9 report. JP Morgan upgraded Rockwell Automation Inc. (NYSE:ROK) on Thursday, July 27 to “Neutral” rating. The stock of Rockwell Automation Inc. (NYSE:ROK) has “Neutral” rating given on Tuesday, April 19 by Citigroup. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, January 9. The rating was maintained by Citigroup on Thursday, January 25 with “Neutral”. maintained Rockwell Automation Inc. (NYSE:ROK) rating on Monday, October 10. has “Neutral” rating and $122 target.

Butler National Corporation, together with its subsidiaries, provides aerospace products and professional services in the United States. The company has market cap of $18.72 million. The companyÂ’s Aerospace Products segment provides aircraft modifications, such as aircraft conversion from passenger to freighter configuration; addition of radar systems; addition of aerial photography capability; stability enhancing modifications for Learjet, Beechcraft, Cessna, and Dassault Falcon aircraft; and other special mission modifications, as well as offers avionics, aerodynamic, and stability enhancement products for business jet aircraft. It has a 19.33 P/E ratio. This segment also makes, sells, and services airborne electronic switching units used in DC-9, DC-10, DC-9/80, MD-80, MD-90, and KC-10 aircraft; transient suppression devices for fuel tank protection on Boeing Classic 737 and 747 aircraft, and other Classic aircraft using a capacitance fuel quantity indicating system; and airborne electronics upgrades for classic weapon control systems used on military aircraft and vehicles, as well as provides consulting services with airlines and equipment manufacturers relating to fuel system safety requirements.

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