Glenhill Advisors Has Decreased Its Eaton Plc (ETN) Position; Emc Insurance Group (EMCI) Has 1.43 Sentiment

November 15, 2017 - By Migdalia James

EMC Insurance Group Inc. is an insurance holding company. The company has market cap of $635.14 million. The Firm operates through two divisions: Property and Casualty Insurance and Reinsurance segment. It has a 18.31 P/E ratio. It conducts its property and casualty insurance activities through its subsidiaries, including EMCASCO Insurance Company, Illinois EMCASCO Insurance Company and Dakota Fire Insurance Company, and its reinsurance activities through its subsidiary, EMC Reinsurance Company.

Glenhill Advisors Llc decreased Eaton Corp Plc (ETN) stake by 12.54% reported in 2017Q2 SEC filing. Glenhill Advisors Llc sold 71,385 shares as Eaton Corp Plc (ETN)’s stock rose 8.91%. The Glenhill Advisors Llc holds 497,783 shares with $38.74M value, down from 569,168 last quarter. Eaton Corp Plc now has $33.88 billion valuation. The stock declined 0.83% or $0.64 reaching $76.25 per share. About 10,975 shares traded. Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) has risen 31.02% since November 15, 2016 and is uptrending. It has outperformed by 14.32% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $128,337 activity.

About shares traded. EMC Insurance Group Inc. (EMCI) has risen 2.06% since November 15, 2016 and is uptrending. It has underperformed by 14.64% the S&P500.

Capital Returns Management Llc holds 2.73% of its portfolio in EMC Insurance Group Inc. for 276,307 shares. Grace & White Inc Ny owns 186,439 shares or 1.13% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.65% invested in the company for 90,000 shares. The Florida-based Zpr Investment Management has invested 0.31% in the stock. Ativo Capital Management Llc, a Illinois-based fund reported 33,171 shares.

Analysts await Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) to report earnings on February, 1. They expect $1.24 EPS, up 10.71% or $0.12 from last year’s $1.12 per share. ETN’s profit will be $550.97 million for 15.37 P/E if the $1.24 EPS becomes a reality. After $1.25 actual EPS reported by Eaton Corporation, PLC Ordinary Shares for the previous quarter, Wall Street now forecasts -0.80% negative EPS growth.

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 7 have Buy rating, 4 Sell and 18 Hold. Therefore 24% are positive. Eaton Corporation had 72 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 5 by Jefferies. Barclays Capital downgraded Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) on Monday, October 5 to “Equal-Weight” rating. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, August 2. The rating was initiated by HSBC with “Buy” on Friday, October 7. The firm has “In-Line” rating given on Monday, August 7 by Evercore. The firm has “Hold” rating given on Wednesday, August 26 by Vertical Research. The stock of Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) earned “Underweight” rating by JP Morgan on Thursday, August 17. The firm has “Buy” rating by Citigroup given on Thursday, November 2. The stock of Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) earned “Buy” rating by Credit Suisse on Wednesday, November 1. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, October 20 report.

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.06, from 1.13 in 2017Q1. It dropped, as 37 investors sold ETN shares while 289 reduced holdings. 74 funds opened positions while 274 raised stakes. 330.85 million shares or 0.85% less from 333.69 million shares in 2017Q1 were reported. Susquehanna Int Group Inc Ltd Liability Partnership has 30,400 shares. Wespac Advsrs Ltd invested 1.78% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Arizona State Retirement has invested 0.16% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). 8,291 were reported by Blb&B Ltd Liability. Moreover, Horan Cap Advisors Ltd Liability has 2.15% invested in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 40,695 shares. Moreover, Mckinley Mngmt Delaware has 0% invested in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Omers Administration Corp reported 0.02% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Moreover, Independent Port Consultants has 0% invested in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Ironwood Invest Counsel Ltd Llc stated it has 0.28% in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Capital Mngmt Va, Virginia-based fund reported 3,000 shares. 35,442 are owned by Wesbanco National Bank & Trust Incorporated. Canada Pension Plan Board reported 0.03% in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Indiana Trust And Investment Mngmt stated it has 5,265 shares or 0.2% of all its holdings. Nelson Van Denburg Campbell Wealth Mngmt Gp Limited Com reported 0% stake. Ameritas Investment Partners holds 0.18% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 46,509 shares.

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