Economy

Rockwell Automation Rejects Unsolicited Bid From Emerson

About 7,654 shares traded. Hess Corp now has $14.16B valuation. It has underperformed by 31.25% the S&P500.

The Board of Directors of Rockwell Automation, Inc. Fifth Third Bancorp acquired 4,257 shares as Rockwell Automation Inc (ROK)'s stock rose 3.58%. Over the last ninety days, insiders sold 30,900 shares of company stock valued at $5,144,556.

HCA Healthcare, Inc. has a beta of 1.21, offering the possibility of a higher rate of return, but also posing more risk. (NYSE:ROK) traded up 0.39% during mid-day trading on Monday, hitting $132.22. About 684,688 shares traded or 11.84% up from the average. Its up 0.04, from 1.22 in 2017Q1. The insider NOSBUSCH KEITH D sold 10,000 shares worth $1.60 million. Focused Wealth Inc invested in 730 shares. (NYSE:HES) for 241,085 shares. Manufacturers Life Ins The reported 0.02% stake.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $46,351 activity. Wealthtrust reported 26 shares stake.

Whilst both Rockwell and Emerson work within the automation industry, Emerson specialises in process automation within a number of sectors including mining and cement, whilst Rockwell caters to more consumer-friendly markets such as household appliances, vehicles and computer systems. They set a "peer perform" rating for the company. Citigroup maintained it with "Neutral" rating and $120 target in Tuesday, April 19 report. CLSA downgraded the shares of ROK in report on Wednesday, November 11 to "Underperform" rating. JP Morgan initiated it with "Neutral" rating and $58 target in Wednesday, December 9 report. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. Therefore 15% are positive. Canaccord Genuity cut Rockwell Automation from a "buy" rating to a "hold" rating and set a $94.00 price objective on the stock.in a report on Tuesday, July 26th. As per Thursday, April 28, the company rating was downgraded by Langenberg. The rating was maintained by Cowen & Co with "Hold" on Thursday, October 26. Stonebridge Capital Advisors Lc stated it has 0.08% of its portfolio in Rockwell Automation (NYSE:ROK). Barclays Capital has "Equal-Weight" rating and $91 target. The insider now holds 2,235 shares of Rockwell Automation Inc. Rockwell Automation's dividend payout ratio (DPR) is 54.58%. On Wednesday, July 19 the stock rating was maintained by Stifel Nicolaus with "Hold". It also reduced Ishares Tr (IJS) stake by 5,332 shares and now owns 45,149 shares.

Investors sentiment increased to 1.26 in Q2 2017. Marketfield Asset Mgmt Ltd Llc owns 36,692 shares for 1.6% of their portfolio. Notis McConarty Edward boosted its stake in shares of Rockwell Automation by 0.4% during the first quarter. The fund owned 46,118 shares of the industrial products company's stock after selling 17,146 shares during the period. Rhode Island-based Amica Retiree Medical Trust has invested 0.13% in Rockwell Automation (NYSE:ROK). Univest Corporation Of Pennsylvania owns 1,438 shares or 0.1% of their U.S. portfolio. Daiwa Securities accumulated 67,700 shares. Peoples Fincl Svcs Corporation invested in 0% or 50 shares. Howland Management Limited accumulated 0.03% or 2,203 shares. Cap One Natl Association accumulated 0.04% or 3,314 shares. Oarsman Capital stated it has 0.23% of its portfolio in Rockwell Automation (NYSE:ROK). A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Kohmann Bosshard Financial Services LLC purchased a new position in Rockwell Automation during the third quarter worth about $186,000. 4,900 shares were sold by Kulaszewicz Frank C, worth $779,100.



Like this

Latest


02 November 2017
JFK files show informant told CIA Hitler was living in Colombia
A Russian official claimed in an interview with CNN in 2009 that the Russian army threw Hitler's remains into a German river. The document also says that Citroen claimed that many former Nazis were living in the "Residencias Coloniales" neighborhood.

02 November 2017
Shell completes $3.8bn sale of North Sea assets to Chrysaor
Safe and efficient operation of the assets is our primary objective as we pursue our development plans", he said. As part of the sale, 253 staff transferred from Shell to Chrysaor.

02 November 2017
Steven Madden, Ltd. (NASDAQ:SHOO) Moving Aggressively - Down $1.00
Canaccord Genuity set a $47.00 target price on Steven Madden and gave the stock a buy rating in a report on Wednesday, August 9th. Parkside Financial Bank & Trust downsized its investment by selling 29 shares a decrease of 3.0% from 06/30/2017 to 09/30/2017.

02 November 2017
Oxford Immunotec reports 3Q loss
Finally, American International Group Inc. increased its position in Oxford Immunotec Global PLC by 8.3% in the second quarter. Stocks with beta's lower than 1 are considered to be less risky and those with a higher beta are more risky than the market.

02 November 2017
CBS cancels 'Me, Myself & I'; 'Man With a Plan' plots early return
Me, Myself & I stars Bobby Moynihan , John Larroquette and It's Jack Dylan Grazer as one guy at three different times in his life. And another new sitcom, 9JKL will shift to 9:30, behind Superior Donuts, replacing the canceled series.

02 November 2017
Discovery Communications, Inc. (DISCK) Receives $22.00 Consensus Price Target from Brokerages
Moreover, State Teachers Retirement has 0.03% invested in Discovery Communications Inc . (NASDAQ: DISCA ) for 202,083 shares. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.04).

02 November 2017
The Paul Manafort indictment: His personal expenses, by the numbers
Searches for "indictment" were up 3,600%, the dictionary said. -Indictment is the officially charging of someone with a crime. At the same time, Manafort made withdrawals from a bank in Cypress to pay a Florida contractor, according to the indictment.

02 November 2017
'The Boys in the Band' Is Bound for Broadway at 50
Mart Crowley's 1968 play, under the direction of Joe Mantello, arrives at Broadway's Booth Theatre on April 30, for a 15-week run. Additional casting and design team for the Broadway production of The Boys in the Band will be announced in the coming weeks.

02 November 2017
National Australia Bank full-year profit up 2.5 pct
NAB CEO Andrew Thorburn said in this morning's earnings release that the bank's results "represents another year of consistent delivery".

02 November 2017
Noteworthy Buzzers: Simon Property Group Inc. (SPG), NextEra Energy, Inc. (NEE)
Fred Alger Management Inc increased Microsoft Corp (NASDAQ:MSFT) stake by 729,122 shares to 15.77M valued at $1.09B in 2017Q2. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion.



Recommended