Summit Financial Wealth Advisors Upped Emerson Elec Co (EMR) Holding By $612,932; Zumiez (ZUMZ) Shorts Decreased By 2.57%

February 19, 2018 - By Maria Brooks

Zumiez Corporation (NASDAQ:ZUMZ) had a decrease of 2.57% in short interest. ZUMZ’s SI was 3.48 million shares in February as released by FINRA. Its down 2.57% from 3.58M shares previously. With 569,900 avg volume, 6 days are for Zumiez Corporation (NASDAQ:ZUMZ)’s short sellers to cover ZUMZ’s short positions. The SI to Zumiez Corporation’s float is 19.26%. It closed at $20.1 lastly. It is down 3.10% since February 19, 2017 and is uptrending. It has underperformed by 13.60% the S&P500.

Summit Financial Wealth Advisors Llc increased Emerson Elec Co (EMR) stake by 36.52% reported in 2017Q3 SEC filing. Summit Financial Wealth Advisors Llc acquired 9,886 shares as Emerson Elec Co (EMR)’s stock declined 4.02%. The Summit Financial Wealth Advisors Llc holds 36,956 shares with $2.32 million value, up from 27,070 last quarter. Emerson Elec Co now has $46.34B valuation. The stock increased 2.08% or $1.49 during the last trading session, reaching $72.99. About 4.78M shares traded or 33.13% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since February 19, 2017 and is uptrending. It has outperformed by 1.77% the S&P500.

Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company has market cap of $507.52 million. The Company’s hardgoods include skateboards, snowboards, bindings, components, and other equipment. It has a 19.84 P/E ratio. As of January 28, 2017, the firm operated 685 stores, including 603 in the United States, 48 in Canada, 29 in Europe, and 5 in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

Among 21 analysts covering Zumiez Inc. (NASDAQ:ZUMZ), 7 have Buy rating, 2 Sell and 12 Hold. Therefore 33% are positive. Zumiez Inc. had 64 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Zumiez Inc. (NASDAQ:ZUMZ) has “Neutral” rating given on Friday, September 11 by Wedbush. The rating was maintained by Roth Capital with “Neutral” on Thursday, August 6. The stock has “Hold” rating by Jefferies on Friday, September 11. The stock of Zumiez Inc. (NASDAQ:ZUMZ) has “Buy” rating given on Thursday, October 5 by B. Riley & Co. The stock of Zumiez Inc. (NASDAQ:ZUMZ) earned “Market Perform” rating by William Blair on Tuesday, December 1. The stock has “Neutral” rating by Mizuho on Friday, December 4. The firm has “Hold” rating given on Tuesday, August 8 by BMO Capital Markets. On Friday, June 3 the stock rating was maintained by Mizuho with “Neutral”. Mizuho maintained the shares of ZUMZ in report on Friday, September 11 with “Neutral” rating. Stifel Nicolaus downgraded the stock to “Hold” rating in Friday, October 9 report.

Investors sentiment decreased to 1.27 in 2017 Q3. Its down 0.01, from 1.28 in 2017Q2. It fall, as 20 investors sold Zumiez Inc. shares while 35 reduced holdings. 27 funds opened positions while 43 raised stakes. 18.43 million shares or 8.18% less from 20.07 million shares in 2017Q2 were reported. 24,428 are owned by Great West Life Assurance Com Can. Sector Pension Board holds 0% or 11,039 shares. Price T Rowe Incorporated Md has invested 0.01% in Zumiez Inc. (NASDAQ:ZUMZ). 47 were reported by Sei Invests. Highbridge Capital owns 66,094 shares. Manufacturers Life Insurance The holds 0% or 15,657 shares. Pnc Financial Serv Grp Inc Inc has invested 0% in Zumiez Inc. (NASDAQ:ZUMZ). Morgan Dempsey Management Lc has invested 0.07% in Zumiez Inc. (NASDAQ:ZUMZ). Landscape Cap Limited Liability Com invested in 0.36% or 199,927 shares. Prudential Fincl Incorporated owns 317,190 shares. Disciplined Growth Incorporated Mn invested in 247,700 shares or 0.09% of the stock. 1.79M were accumulated by Vanguard Grp Inc. 57,173 are owned by Acadian Asset Mngmt. Dimensional Fund Advsrs Lp holds 2.01M shares or 0.02% of its portfolio. Matarin Capital Ltd Limited Liability Company owns 399,121 shares.

Summit Financial Wealth Advisors Llc decreased General Electric Co (NYSE:GE) stake by 46,901 shares to 16,456 valued at $398,000 in 2017Q3. It also reduced Clorox Co Del (NYSE:CLX) stake by 6,004 shares and now owns 11,670 shares. At&T Inc (NYSE:T) was reduced too.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.14, from 1 in 2017Q2. It dropped, as 44 investors sold EMR shares while 444 reduced holdings. 92 funds opened positions while 328 raised stakes. 432.93 million shares or 1.76% less from 440.67 million shares in 2017Q2 were reported. Essex Fincl Ser Inc has invested 0.16% in Emerson Electric Co. (NYSE:EMR). Gamble Jones Invest Counsel invested in 0.72% or 112,113 shares. Moreover, Kentucky Retirement System has 0.19% invested in Emerson Electric Co. (NYSE:EMR) for 39,572 shares. Archford Capital Strategies Limited Liability reported 17,230 shares or 0.41% of all its holdings. Todd Asset Mngmt Limited Company invested in 0.05% or 26,849 shares. Nichols Pratt Advisers Llp Ma holds 554,253 shares or 3.11% of its portfolio. Signalpoint Asset Management Ltd Liability Com stated it has 7,190 shares. Whittier Tru Of Nevada reported 61,962 shares. Blue Capital, a Rhode Island-based fund reported 7,415 shares. Yhb Investment Advsr has 0.17% invested in Emerson Electric Co. (NYSE:EMR) for 14,888 shares. Moreover, Fisher Asset Lc has 0% invested in Emerson Electric Co. (NYSE:EMR). 117,816 were accumulated by Utah Retirement Sys. Suntrust Banks holds 0.14% in Emerson Electric Co. (NYSE:EMR) or 413,983 shares. Lenox Wealth Advsrs, a New York-based fund reported 3 shares. British Columbia Investment Mngmt Corp accumulated 253,244 shares.

Since August 31, 2017, it had 0 insider buys, and 2 sales for $616,887 activity. 2,000 shares were sold by Sharp Robert T, worth $117,987 on Thursday, August 31. Shares for $498,900 were sold by Button Bell Katherine.

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 2 Sell and 15 Hold. Therefore 41% are positive. Emerson Electric Co. had 86 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, November 5 by Societe Generale. As per Tuesday, October 17, the company rating was upgraded by Bank of America. The rating was maintained by Robert W. Baird with “Hold” on Monday, October 23. The rating was upgraded by Goldman Sachs on Friday, January 27 to “Neutral”. The stock of Emerson Electric Co. (NYSE:EMR) earned “Hold” rating by Edward Jones on Friday, November 17. The rating was maintained by Oppenheimer on Tuesday, August 1 with “Hold”. The stock has “Buy” rating by Stifel Nicolaus on Thursday, November 9. JP Morgan upgraded the stock to “Overweight” rating in Friday, February 9 report. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 18. On Thursday, August 4 the stock rating was maintained by UBS with “Neutral”.

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