Chilton Capital Management Stake in Emerson Elec Co (EMR) Has Boosted by $1.29 Million as Valuation Declined; Medtronic Plc (MDT) Shareholder Martin Investment Management Trimmed Its Stake by $3.61 Million

December 17, 2017 - By Linda Rogers

Chilton Capital Management Llc increased its stake in Emerson Elec Co (EMR) by 17.8% based on its latest 2017Q2 regulatory filing with the SEC. Chilton Capital Management Llc bought 21,883 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 144,842 shares of the consumer electronics and appliances company at the end of 2017Q2, valued at $8.64 million, up from 122,959 at the end of the previous reported quarter. Chilton Capital Management Llc who had been investing in Emerson Elec Co for a number of months, seems to be bullish on the $43.17B market cap company. The stock increased 1.13% or $0.75 during the last trading session, reaching $67.26. About 4.39M shares traded or 26.83% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since December 17, 2016 and is uptrending. It has outperformed by 1.77% the S&P500.

Martin Investment Management Llc decreased its stake in Medtronic Plc (MDT) by 85.73% based on its latest 2017Q2 regulatory filing with the SEC. Martin Investment Management Llc sold 41,024 shares as the company’s stock rose 5.51% with the market. The institutional investor held 6,831 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q2, valued at $606,000, down from 47,855 at the end of the previous reported quarter. Martin Investment Management Llc who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $113.02B market cap company. The stock increased 2.04% or $1.67 during the last trading session, reaching $83.5. About 9.81M shares traded or 74.49% up from the average. Medtronic plc (NYSE:MDT) has risen 4.04% since December 17, 2016 and is uptrending. It has underperformed by 12.66% the S&P500.

Chilton Capital Management Llc, which manages about $1.18B and $905.82 million US Long portfolio, decreased its stake in Tanger Factory Outlet Ctrs I (NYSE:SKT) by 36,697 shares to 195,983 shares, valued at $5.09M in 2017Q2, according to the filing. It also reduced its holding in Empire St Rlty Tr Inc (NYSE:ESRT) by 157,289 shares in the quarter, leaving it with 487,172 shares, and cut its stake in Cousins Pptys Inc (NYSE:CUZ).

Among 28 analysts covering Emerson Electric Co. (NYSE:EMR), 8 have Buy rating, 2 Sell and 18 Hold. Therefore 29% are positive. Emerson Electric Co. had 74 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Equalweight” rating by Barclays Capital given on Monday, July 18. As per Wednesday, August 5, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of EMR in report on Wednesday, July 19 with “Buy” rating. The rating was upgraded by HSBC to “Hold” on Friday, March 3. Bank of America upgraded the shares of EMR in report on Monday, January 9 to “Neutral” rating. The firm earned “Hold” rating on Wednesday, April 26 by Cowen & Co. RBC Capital Markets maintained it with “Hold” rating and $6200 target in Tuesday, August 1 report. Stifel Nicolaus maintained Emerson Electric Co. (NYSE:EMR) rating on Wednesday, August 5. Stifel Nicolaus has “Buy” rating and $57 target. The stock of Emerson Electric Co. (NYSE:EMR) has “Buy” rating given on Tuesday, October 17 by Bank of America. On Tuesday, December 13 the stock rating was upgraded by Buckingham Research to “Neutral”.

Investors sentiment increased to 1 in Q2 2017. Its up 0.12, from 0.88 in 2017Q1. It increased, as 60 investors sold EMR shares while 407 reduced holdings. 86 funds opened positions while 383 raised stakes. 440.67 million shares or 1.25% more from 435.22 million shares in 2017Q1 were reported. Aqr Capital Mgmt Ltd Limited Liability Company holds 0.05% or 656,094 shares. Hudson Valley Advisors Inc Adv reported 28,301 shares. Meiji Yasuda Asset Mngmt reported 11,052 shares. Aviance Capital Mngmt Limited Co holds 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 6,827 shares. Crawford Counsel Incorporated stated it has 0.04% of its portfolio in Emerson Electric Co. (NYSE:EMR). 7,536 are held by Liberty Mngmt. Andra Ap has 0.14% invested in Emerson Electric Co. (NYSE:EMR) for 95,300 shares. Gabelli Funds Ltd Liability Company stated it has 0.01% of its portfolio in Emerson Electric Co. (NYSE:EMR). Brave Asset Mgmt Incorporated invested in 0.38% or 12,060 shares. Whittier Of Nevada has invested 0.36% of its portfolio in Emerson Electric Co. (NYSE:EMR). Strategy Asset Managers Ltd Liability Company has 2.27% invested in Emerson Electric Co. (NYSE:EMR). Vanguard Grp invested in 44.20M shares. Fulton Savings Bank Na accumulated 6,662 shares or 0.03% of the stock. Gsa Partners Llp holds 0.04% or 11,478 shares in its portfolio. Denver Investment Limited Liability Com owns 51,338 shares for 0.14% of their portfolio.

Since August 31, 2017, it had 0 buys, and 2 insider sales for $616,887 activity. On Monday, December 11 the insider Button Bell Katherine sold $498,900.

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