Trust Co Of Vermont Lowered Its Emerson Electric Co (EMR) Holding; Citizens Financial Group (CFG) Shorts Decreased By 1.43%

May 18, 2018 - By Peter Hammer

Citizens Financial Group, Inc. (NYSE:CFG) Logo

Trust Co Of Vermont decreased Emerson Electric Co (EMR) stake by 5.26% reported in 2017Q4 SEC filing. Trust Co Of Vermont sold 4,433 shares as Emerson Electric Co (EMR)’s stock declined 2.50%. The Trust Co Of Vermont holds 79,827 shares with $5.56 million value, down from 84,260 last quarter. Emerson Electric Co now has $46.19B valuation. The stock increased 0.47% or $0.3401 during the last trading session, reaching $73.3101. About 301,757 shares traded. Emerson Electric Co. (NYSE:EMR) has risen 16.24% since May 18, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Citizens Financial Group Inc (NYSE:CFG) had a decrease of 1.43% in short interest. CFG’s SI was 7.48M shares in May as released by FINRA. Its down 1.43% from 7.59 million shares previously. With 4.94 million avg volume, 2 days are for Citizens Financial Group Inc (NYSE:CFG)’s short sellers to cover CFG’s short positions. The SI to Citizens Financial Group Inc’s float is 1.53%. The stock decreased 1.25% or $0.53 during the last trading session, reaching $41.97. About 876,186 shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has risen 21.47% since May 18, 2017 and is uptrending. It has outperformed by 9.92% the S&P500.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Seekingalpha.com which released: “Emerson Electric: An Autonomous Future” on May 09, 2018, also Streetinsider.com with their article: “Emerson Electric (EMR) Reports Agreement to Acquire Aventics from Triton for Approx $621.5M” published on May 17, 2018, Themiddlemarket.com published: “M&A daily wrap: Mark Zuckerberg, Chad Boeding, Iconiq, Epiq, Houston Rockets, Tilman Fertitta, RSM” on May 17, 2018. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Benzinga.com and their article: “Emerson Electric Q2 Earnings Preview” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Retirement Strategy: I Am Done Being Wrong About This Market” with publication date: May 16, 2018.

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. Emerson Electric Co. had 91 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Emerson Electric Co. (NYSE:EMR) earned “Outperform” rating by Credit Suisse on Monday, March 14. Wells Fargo maintained Emerson Electric Co. (NYSE:EMR) rating on Wednesday, November 8. Wells Fargo has “Hold” rating and $65.0 target. The firm has “Market Perform” rating given on Wednesday, August 5 by Cowen & Co. The firm earned “Hold” rating on Thursday, August 6 by Argus Research. The stock has “Overweight” rating by JP Morgan on Friday, February 9. The stock has “Neutral” rating by Buckingham Research on Tuesday, December 13. RBC Capital Markets maintained Emerson Electric Co. (NYSE:EMR) on Thursday, September 28 with “Hold” rating. As per Wednesday, November 4, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 19 report. The firm has “Hold” rating given on Thursday, July 20 by Cowen & Co.

Since December 11, 2017, it had 0 insider purchases, and 1 sale for $498,900 activity. $498,900 worth of Emerson Electric Co. (NYSE:EMR) was sold by Button Bell Katherine.

Investors sentiment increased to 0.95 in Q4 2017. Its up 0.09, from 0.86 in 2017Q3. It improved, as 58 investors sold EMR shares while 427 reduced holdings. 107 funds opened positions while 353 raised stakes. 429.74 million shares or 0.74% less from 432.93 million shares in 2017Q3 were reported. Altavista Wealth Mgmt Inc invested in 23,522 shares. Windward Cap Management Ca invested in 22,194 shares or 0.23% of the stock. Premier Asset Mgmt Limited Company reported 32,452 shares. 52,542 are owned by Beese Fulmer Invest Mgmt Incorporated. Bridges Investment Counsel holds 0.36% in Emerson Electric Co. (NYSE:EMR) or 9,300 shares. State Common Retirement Fund has invested 0.18% in Emerson Electric Co. (NYSE:EMR). Keating Inv Counselors Inc accumulated 30,824 shares. Ancora Advisors Ltd Liability Corporation reported 0.02% of its portfolio in Emerson Electric Co. (NYSE:EMR). Deprince Race And Zollo holds 1% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 648,960 shares. Shell Asset accumulated 44,467 shares or 0.06% of the stock. Disciplined Growth Investors Mn has invested 0.01% in Emerson Electric Co. (NYSE:EMR). Invesco Ltd accumulated 0.25% or 9.77M shares. 8,146 are held by First Personal Services. Court Place Advisors Ltd Llc reported 0.27% stake. 128,414 are owned by Tctc Hldg Limited Company.

Trust Co Of Vermont increased Enbridge Inc (NYSE:ENB) stake by 9,114 shares to 297,559 valued at $11.64 million in 2017Q4. It also upped Home Depot (NYSE:HD) stake by 3,280 shares and now owns 58,132 shares. Pfizer Inc (NYSE:PFE) was raised too.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 7. They expect $0.86 earnings per share, up 26.47% or $0.18 from last year’s $0.68 per share. EMR’s profit will be $541.88 million for 21.31 P/E if the $0.86 EPS becomes a reality. After $0.76 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Citizens Financial Group, Inc. operates as the bank holding firm for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking services and products in the United States. The company has market cap of $20.34 billion. It operates in two divisions, Consumer Banking and Commercial Banking. It has a 12.91 P/E ratio. The Consumer Banking segment offers traditional banking services and products, including checking, savings, mortgage and home equity lending, student loans, personal unsecured lines and loans, credit cards, business loans, and wealth management and investment services for retail clients and small businesses.

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.07, from 1.01 in 2017Q3. It is negative, as 38 investors sold Citizens Financial Group, Inc. shares while 197 reduced holdings. 66 funds opened positions while 155 raised stakes. 456.57 million shares or 2.62% less from 468.84 million shares in 2017Q3 were reported. Fifth Third Comml Bank reported 0.08% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG). Goelzer Inv Mngmt, a Indiana-based fund reported 192,345 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 67,450 shares. United Services Automobile Association accumulated 0.05% or 408,952 shares. Moreover, Sun Life Fincl has 0% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 1,082 shares. Marshall Wace Limited Liability Partnership has 408,147 shares. Suntrust Banks holds 0.15% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG) for 663,421 shares. Farmers & Merchants Invests holds 222 shares or 0% of its portfolio. Howe And Rusling reported 4,827 shares or 0.04% of all its holdings. Polar Capital Limited Liability Partnership stated it has 155,244 shares. Fjarde Ap holds 156,887 shares or 0.1% of its portfolio. Barometer Management owns 135,800 shares for 0.51% of their portfolio. Tarbox Family Office holds 25 shares. Point72 Asia (Hong Kong) Limited, a Hong Kong-based fund reported 281 shares. Stifel Financial Corp owns 173,231 shares.

Among 26 analysts covering Citizens Financial Group (NYSE:CFG), 14 have Buy rating, 3 Sell and 9 Hold. Therefore 54% are positive. Citizens Financial Group had 94 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wedbush given on Friday, October 7. The stock has “Buy” rating by Compass Point on Tuesday, January 26. Guggenheim upgraded Citizens Financial Group, Inc. (NYSE:CFG) rating on Wednesday, August 26. Guggenheim has “Neutral” rating and $28.0 target. On Friday, January 19 the stock rating was maintained by Robert W. Baird with “Hold”. The stock has “Neutral” rating by Credit Suisse on Wednesday, October 14. Citigroup maintained Citizens Financial Group, Inc. (NYSE:CFG) on Monday, October 9 with “Neutral” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm earned “Buy” rating on Tuesday, February 27 by Piper Jaffray. The firm has “Hold” rating given on Wednesday, June 21 by Oppenheimer. The stock has “Equal Weight” rating by Barclays Capital on Tuesday, January 3.

Citizens Financial Group, Inc. (NYSE:CFG) Institutional Positions Chart

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