Analysts See $1.26 EPS for Regal Beloit (RBC); Hbk Investments LP Has Increased Its Wolverine World Wide (WWW) Stake

May 5, 2018 - By Clifton Ray

Regal Beloit Corporation (NYSE:RBC) Logo

Analysts expect Regal Beloit Corporation (NYSE:RBC) to report $1.26 EPS on May, 14.They anticipate $0.19 EPS change or 17.76% from last quarter’s $1.07 EPS. RBC’s profit would be $55.40 million giving it 14.30 P/E if the $1.26 EPS is correct. After having $1.14 EPS previously, Regal Beloit Corporation’s analysts see 10.53% EPS growth. The stock increased 1.84% or $1.3 during the last trading session, reaching $72.05. About 150,340 shares traded. Regal Beloit Corporation (NYSE:RBC) has declined 3.59% since May 5, 2017 and is downtrending. It has underperformed by 15.14% the S&P500.

Hbk Investments LP increased Wolverine World Wide Inc (WWW) stake by 77.53% reported in 2017Q4 SEC filing. Hbk Investments LP acquired 15,323 shares as Wolverine World Wide Inc (WWW)’s stock declined 8.75%. The Hbk Investments LP holds 35,087 shares with $1.12 million value, up from 19,764 last quarter. Wolverine World Wide Inc now has $2.83B valuation. The stock increased 1.57% or $0.46 during the last trading session, reaching $29.74. About 360,542 shares traded. Wolverine World Wide, Inc. (NYSE:WWW) has risen 12.39% since May 5, 2017 and is uptrending. It has outperformed by 0.84% the S&P500.

More recent Regal Beloit Corporation (NYSE:RBC) news were published by: Investorplace.com which released: “6 Industrial Stocks With Beat Potential This Earnings Season” on May 04, 2018. Also Twst.com published the news titled: “Regal-Beloit Corporation: Regal Beloit Corporation Declares Quarterly Dividend Increase of 8%” on April 30, 2018. Seekingalpha.com‘s news article titled: “Ethan Allen, Legg Mason among S&P 1500 stocks seen hiking payouts” with publication date: April 20, 2018 was also an interesting one.

Among 15 analysts covering Regal Beloit Corp (NYSE:RBC), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Regal Beloit Corp had 43 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $8000 target in Thursday, July 13 report. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, August 2. Robert W. Baird maintained Regal Beloit Corporation (NYSE:RBC) on Thursday, March 29 with “Buy” rating. As per Tuesday, June 27, the company rating was maintained by BMO Capital Markets. On Wednesday, November 25 the stock rating was initiated by Stifel Nicolaus with “Hold”. On Tuesday, May 10 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The firm earned “Accumulate” rating on Wednesday, March 23 by Seaport Global. The stock has “Buy” rating by Credit Suisse on Wednesday, June 28. The firm has “Buy” rating by Oppenheimer given on Tuesday, March 27. Morgan Stanley maintained the shares of RBC in report on Monday, October 2 with “Equal-Weight” rating.

Regal Beloit Corporation, together with its subsidiaries, designs, makes, and sells electric motors, electrical motion controls, power generation and power transmission products worldwide. The company has market cap of $3.17 billion. The Company’s Commercial and Industrial Systems segment provides AC and DC motors, and controls; motors, electronic variable speed controls, and blowers; and starters, contactors, relays, variable frequency drives, and integrated solutions of components. It has a 15.2 P/E ratio. This segment also offers precision stator and rotor kits; hazardous duty motors; and electric generators, automatic transfer switches, power generation and distribution switch gears, and components and system controls.

Investors sentiment increased to 1.48 in 2017 Q4. Its up 0.25, from 1.23 in 2017Q3. It is positive, as 20 investors sold Regal Beloit Corporation shares while 76 reduced holdings. 52 funds opened positions while 90 raised stakes. 41.43 million shares or 0.48% more from 41.24 million shares in 2017Q3 were reported. The New York-based Cornerstone Capital Management Limited has invested 0.04% in Regal Beloit Corporation (NYSE:RBC). Fifth Third Financial Bank, a Ohio-based fund reported 120 shares. Dimensional Fund Lp stated it has 0.08% in Regal Beloit Corporation (NYSE:RBC). Walthausen Lc reported 134,335 shares stake. Liberty Mutual Gp Asset reported 11,321 shares or 0.03% of all its holdings. Twin Cap Mgmt has invested 0.13% in Regal Beloit Corporation (NYSE:RBC). Regions Financial reported 224 shares stake. Kennedy Mngmt has invested 0.43% in Regal Beloit Corporation (NYSE:RBC). Alabama-based Associated Banc has invested 0.03% in Regal Beloit Corporation (NYSE:RBC). Citadel Advsrs Ltd Liability reported 0% in Regal Beloit Corporation (NYSE:RBC). Citigroup Incorporated holds 26,009 shares or 0% of its portfolio. Cubist Systematic Strategies Limited Liability Com has 0.05% invested in Regal Beloit Corporation (NYSE:RBC). Northern Tru owns 0.01% invested in Regal Beloit Corporation (NYSE:RBC) for 603,961 shares. 118,643 were accumulated by First Quadrant Limited Partnership Ca. Moreover, Teacher Retirement Of Texas has 0.01% invested in Regal Beloit Corporation (NYSE:RBC).

More news for Wolverine World Wide, Inc. (NYSE:WWW) were recently published by: Streetinsider.com, which released: “Wolverine World Wide (WWW) Declares $0.08 Quarterly Dividend; 1.1% Yield” on April 22, 2018. Benzinga.com‘s article titled: “Retail Analyst: Foot Locker, Skechers And Steve Madden Poised To Run Higher” and published on April 18, 2018 is yet another important article.

Since February 23, 2018, it had 0 insider purchases, and 7 insider sales for $4.70 million activity. KOLLAT DAVID T also sold $187,723 worth of Wolverine World Wide, Inc. (NYSE:WWW) on Wednesday, February 28. Shares for $187,659 were sold by LAUDERBACK BRENDA J. Another trade for 4,200 shares valued at $124,614 was sold by Klimek Amy M.. The insider ODONOVAN TIMOTHY J sold 16,180 shares worth $481,031. Another trade for 5,870 shares valued at $174,633 was made by GERBER WILLIAM K on Friday, February 23. $551,848 worth of Wolverine World Wide, Inc. (NYSE:WWW) shares were sold by JEPPESEN MICHAEL. ZWIERS JAMES D had sold 100,600 shares worth $3.00 million on Tuesday, February 27.

Among 16 analysts covering Wolverine (NYSE:WWW), 5 have Buy rating, 3 Sell and 8 Hold. Therefore 31% are positive. Wolverine had 52 analyst reports since August 10, 2015 according to SRatingsIntel. As per Tuesday, January 23, the company rating was maintained by Susquehanna. The firm has “Neutral” rating given on Wednesday, September 23 by Citigroup. Sterne Agee CRT downgraded Wolverine World Wide, Inc. (NYSE:WWW) on Wednesday, April 27 to “Underperform” rating. The firm earned “Market Perform” rating on Thursday, February 23 by Telsey Advisory Group. The firm earned “Market Perform” rating on Thursday, May 11 by Telsey Advisory Group. The stock of Wolverine World Wide, Inc. (NYSE:WWW) earned “Sector Weight” rating by KeyBanc Capital Markets on Friday, February 3. The company was maintained on Wednesday, October 21 by B. Riley & Co. Piper Jaffray maintained the shares of WWW in report on Thursday, June 8 with “Hold” rating. The stock has “Sell” rating by Susquehanna on Thursday, June 1. Susquehanna initiated the stock with “Negative” rating in Friday, August 12 report.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.06, from 1.07 in 2017Q3. It improved, as 15 investors sold WWW shares while 81 reduced holdings. 42 funds opened positions while 66 raised stakes. 88.04 million shares or 1.69% more from 86.58 million shares in 2017Q3 were reported. 98,284 were reported by Comerica Fincl Bank. 8,515 were accumulated by Raab And Moskowitz Asset Management Limited Company. Anchor Cap Advsr Ltd Liability Com invested 0.04% in Wolverine World Wide, Inc. (NYSE:WWW). Teachers Retirement System Of The State Of Kentucky reported 94,101 shares. Kennedy Incorporated holds 649,657 shares or 0.37% of its portfolio. Dimensional Fund Advsr Ltd Partnership invested in 4.23M shares. Moreover, Pub Sector Pension Invest Board has 0.01% invested in Wolverine World Wide, Inc. (NYSE:WWW). Point72 Asia (Hong Kong) Ltd holds 0.02% in Wolverine World Wide, Inc. (NYSE:WWW) or 1,016 shares. Mason Street Limited Company holds 24,886 shares. Marathon Asset Mngmt Llp holds 0.39% in Wolverine World Wide, Inc. (NYSE:WWW) or 790,188 shares. Duncker Streett owns 0% invested in Wolverine World Wide, Inc. (NYSE:WWW) for 300 shares. Arizona State Retirement Systems owns 0.05% invested in Wolverine World Wide, Inc. (NYSE:WWW) for 160,809 shares. Morgan Stanley holds 0.01% in Wolverine World Wide, Inc. (NYSE:WWW) or 1.11M shares. Parkside Bancorporation And Trust has invested 0% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW). Chicago Equity Partners Lc invested 0.07% in Wolverine World Wide, Inc. (NYSE:WWW).

Hbk Investments LP decreased Athene Hldg Ltd stake by 11,700 shares to 154,500 valued at $7.99M in 2017Q4. It also reduced Ishares Tr (Put) stake by 73,500 shares and now owns 20,000 shares. Hca Healthcare Inc (NYSE:HCA) was reduced too.

Wolverine World Wide, Inc. (NYSE:WWW) Institutional Positions Chart

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