Portland General Electric Company Q4 Earnings Rise 20%
Feb 17 2017 by Johnny Bowman
The 52-week low of the share price is $45.82. In a similar way, Emerson Electric Co. The company's institutional ownership is monitored at 61.8 percent. Financial Architects Inc boosted its position in shares of Emerson Electric Company by 15.9% in the third quarter. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.13. The stock spiked 13.18% last month and is up 14.31 this year. Emerson Electric Company's quarterly revenue was down 3.6% compared to the same quarter previous year. SRB Corp now owns 2,899 shares of the company's stock valued at $158,000 after buying an additional 138 shares in the last quarter. The last quarter cash dividend per share pay out was $0.32. Penserra Capital Management LLC now owns 3,438 shares of the company's stock valued at $187,000 after buying an additional 1,686 shares in the last quarter. In last trade, the intraday high was $63.87, putting the share price -0.99% below its 52-week high and trades 42.93% higher from the lowest price they have traded at during the previous year. The firm has a market cap of $266.93 billion, a P/E ratio of 33.87 and a beta of 1.20. The stock price of EMR is moving up from its 20 days moving average with 7.02% and isolated positively from 50 days moving average with 10.54%. Emerson Electric Company (EMR) formally announced its most recent dividend on February 7, 2017 with a Dividend per share of $0.48. The company reported $0.49 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.07. Emerson Electric Company had a return on equity of 24.26% and a net margin of 8.50%. 9 analysts projected on average Earnings. Its sales stood at -9.70% a year on average in the period of last five years. The firm's revenue was down 2.4% compared to the same quarter a year ago.
The company also recently announced a quarterly dividend, which was paid on Friday, December 9th. The ex-dividend date is Thursday, February 23rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.01%. Emerson Electric Company's dividend payout ratio (DPR) is 76.19%.
This report was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of USA and global copyright and trademark law. Wells Fargo & Company reaffirmed a "market perform" rating on shares of Emerson Electric Company in a research note on Wednesday, February 8th.
Several brokerages recently commented on EMR. Finally, Stifel Nicolaus set a $34.00 price objective on General Electric Company and gave the company a "buy" rating in a report on Tuesday, January 17th.
To persist focus on investment valuation, Vulcan Materials Company (NYSE:VMC) also have significant role in eyes of active investors, firm has price to earnings growth of 1.81, which is a valuation metric for determining relative trade-off among price of a stock. The target implies a 5.94% spike from where the shares are now trading. The Stock opened its session at $63.61 and closed at $63.73 by showing decrease of -0.64 percent. (NYSE:EMR)-2 analysts issued Strong buy for the stock, 1 analysts have given a Buy rating, 16 think it's a HOLD, 4 reported it as Underperform, while 2 analyst issued a Sell rating. Emerson Electric Company has a consensus rating of "Hold" and a consensus price target of $54.68. The stock was sold at an average price of $63.31, for a total transaction of $496,287.09. With an institutional ownership near 72.8%, it carries an earnings per share ratio of 2.56. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The original version of this piece can be read at https://baseballnewssource.com/markets/fayez-sarofim-co-increases-stake-in-general-electric-company-ge/436860.html.