Other hedge funds have also recently added to or reduced their stakes in the company. Leading up to this report, we have seen a 4.42% rise in the stock price over the last 30 days and a 13.9% increase over the past 3 months. Sales growth in the quarter for Emerson Electric Co. National Planning Corp now owns 189,565 shares of the company's stock valued at $5,626,000 after buying an additional 1,604 shares during the period.
"RBC Capital Markets Reiterates Outperform Rating for General Electric Company (GE)" was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze.
Taking a brief view of stock performance, we see that Portland General Electric Company (NYSE:POR) shares are now trading $1.08 off the 50-day moving average of $43.86 and $2.11 off of the 200-day moving average of $42.83.
Shares of General Electric Company (NYSE:GE) opened at 29.86 on Wednesday. The firm shows a 20-Day Simple Moving Average of -1.95% with a 200-Day Simple Moving Average of 11.97%. For GE, the company now has $48.13 Billion of cash on the books, which is offset by $30.71 Billion current liabilities. The stock has a market cap of $260.52 billion, a PE ratio of 33.44 and a beta of 1.20.
Previously on Monday January 23, 2017, Vetr Inc. reported on General Electric Company (NYSE:GE) increased the target price from $0.00 to $34.04. According to these analysts, the Low Revenue Estimate for Emerson Electric Co.is 3.38 Billion and the High Revenue Estimate is 3.6 Billion. The company's revenue for the quarter was down 3.6% compared to the same quarter a year ago. While in the same Quarter Previous year, the Actual EPS was $0.21.
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The firm also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Friday, February 10th will be issued a $0.59 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.22%. Industrial Electrical Equipment exhibits an EPS value of 8.35% for the next five years. If you are accessing this story on another site, it was stolen and reposted in violation of United States & worldwide copyright & trademark laws. NB CA boosted its position in shares of General Electric Company by 17.1% in the second quarter.
The basic net EPS that General Electric Company (NYSE:GE) reported for the year ended 2016-12-31 stood at $0.9. Zacks Investment Research downgraded shares of GMS from a "hold" rating to a "sell" rating in a research report on Tuesday, November 15th.
Emerson Electric Company had its " rating reiterated by analysts at HSBC. Stifel Nicolaus boosted their price objective on Emerson Electric Company from $63.00 to $70.00 and gave the company a "buy" rating in a research report on Thursday, February 9th. Guggenheim cut American Electric Power Company from a "buy" rating to a "neutral" rating in a research report on Monday, January 9th. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have issued a buy rating to the company.
Over the period of 6 months, Insider Purchases show a total of 4 transaction in which 83500 shares were traded.
Emerson Electric Co.'s (EMR) witnessed a loss of -0.07% in recent trading period with closing price of $ 60.33. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. It recently traded in a range of $44.83-$45.22 at a volume of 724140 shares. Company insiders own 0.79% of the company's stock.