As Canadian Pac Ry LTD (CP) Market Valuation Declined, Shareholder First Commonwealth Financial Trimmed Position by $1.15 Million; Rockwell Automation Com (ROK) Holder Cohen Lawrence B Decreased Holding

August 12, 2018 - By William Brooks

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Cohen Lawrence B decreased its stake in Rockwell Automation Inc Com (ROK) by 7.23% based on its latest 2018Q1 regulatory filing with the SEC. Cohen Lawrence B sold 1,805 shares as the company’s stock declined 5.51% with the market. The institutional investor held 23,171 shares of the capital goods company at the end of 2018Q1, valued at $4.04M, down from 24,976 at the end of the previous reported quarter. Cohen Lawrence B who had been investing in Rockwell Automation Inc Com for a number of months, seems to be less bullish one the $21.34B market cap company. The stock decreased 0.99% or $1.73 during the last trading session, reaching $173.26. About 959,578 shares traded. Rockwell Automation Inc. (NYSE:ROK) has risen 11.77% since August 12, 2017 and is uptrending. It has underperformed by 0.80% the S&P500. Some Historical ROK News: 25/04/2018 – Rockwell Automation 2Q Net $227.4M; 17/04/2018 – ROCKWELL LAND CORP – FY NET INCOME ATTRIBUTABLE TO PARENT EQUITY HOLDER 2.11 BLN PESOS VS 1.82 BLN PESOS; 25/04/2018 – ROCKWELL AUTOMATION INC ROK.N SEES FY 2018 SALES UP 3.5 TO 6.5 PCT; 04/05/2018 – United Technologies Wins EU Nod for $23 Billion Rockwell Deal; 06/04/2018 – Softing Inc. Launches the OPC UA MDIS Module, a ControlLogix┬« In-chassis PLC Module, and Extends Connectivity for Rockwell Automation Deeper into Oil & Gas; 25/04/2018 – Rockwell Automation 2Q EPS $1.77; 21/05/2018 – NioCorp Awards Contract to Rockwell Automation on Groundbreaking Critical Minerals, Mining and Processing Facility in Nebraska; 10/05/2018 – VP Schmitt Gifts 275 Of Rockwell Automation Inc; 25/04/2018 – ROCKWELL AUTOMATION INC – ” GLOBAL MANUFACTURING ENVIRONMENT REMAINS FAVORABLE AND MACROECONOMIC INDICATORS ARE POSITIVE”; 05/04/2018 – Judge Allows Berkshire Museum to Sell Rockwell Painting and Other Works

First Commonwealth Financial Corp decreased its stake in Canadian Pac Ry Ltd (CP) by 82.2% based on its latest 2018Q1 regulatory filing with the SEC. First Commonwealth Financial Corp sold 6,494 shares as the company’s stock declined 1.00% with the market. The institutional investor held 1,406 shares of the railroads company at the end of 2018Q1, valued at $249,000, down from 7,900 at the end of the previous reported quarter. First Commonwealth Financial Corp who had been investing in Canadian Pac Ry Ltd for a number of months, seems to be less bullish one the $29.11 billion market cap company. The stock decreased 0.25% or $0.51 during the last trading session, reaching $202.62. About 373,707 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 16.90% since August 12, 2017 and is uptrending. It has outperformed by 4.33% the S&P500. Some Historical CP News: 16/05/2018 – CANADIAN PACIFIC RAILWAY LTD – BEEN ADVISED THAT CANADA INDUSTRIAL RELATIONS BOARD HAS CHANGED DATES FOR VOTING ON CP’S FINAL PROPOSALS; 20/04/2018 – CANADIAN PACIFIC RAILWAY LTD – REACHED AGREEMENT WITH BOTH TCRC AND IBEW WHICH AVERTS POTENTIAL WORK STOPPAGE OF 12:01 AM EASTERN TIME APRIL 21, 2018; 25/05/2018 – CANADIAN PACIFIC RAILWAY LTD – TO DATE, NO NOTICE OF WORK STOPPAGE HAS BEEN ISSUED; 18/04/2018 – CANADIAN PACIFIC RAILWAY – MEETING WITH IBEW LATER ON APRIL 18, PRESENTING UNION WITH STREAMLINED 3-YEAR AND 5-YEAR AGREEMENTS FOR CONSIDERATION; 18/04/2018 – Canadian Pacific profit declines after tough winter weather; 06/04/2018 – TEAMSTERS AT CANADIAN PACIFIC VOTE TO AUTHORIZE STRIKE ACTION; 26/05/2018 – Canadian Pacific Teamsters, Electrical Workers File Strike Notice; 18/04/2018 – CANADIAN PACIFIC 1Q REV. C$1.66B, EST. C$1.68B; 06/04/2018 – CANADIAN PACIFIC TEAMSTERS COULD STRIKE AS EARLY AS APRIL 21; 14/05/2018 – CANADIAN PACIFIC ANNOUNCES US$500 MILLION DEBT OFFERING

Another recent and important Rockwell Automation Inc. (NYSE:ROK) news was published by Seekingalpha.com which published an article titled: “Rockwell Automation +3.5% on guidance boost” on July 25, 2018.

Cohen Lawrence B, which manages about $149.10 million US Long portfolio, upped its stake in Intercontinentalexchange Group Inc (NYSE:ICE) by 7,825 shares to 18,660 shares, valued at $1.35M in 2018Q1, according to the filing.

Among 30 analysts covering Rockwell Automation (NYSE:ROK), 5 have Buy rating, 4 Sell and 21 Hold. Therefore 17% are positive. Rockwell Automation had 76 analyst reports since September 9, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Thursday, January 28 by Bernstein. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, April 3. The stock has “Hold” rating by Gabelli on Wednesday, April 19. The firm has “Equal-Weight” rating given on Thursday, April 26 by Barclays Capital. The stock has “Neutral” rating by Citigroup on Thursday, January 21. The rating was maintained by Morgan Stanley on Friday, July 27 with “Equal-Weight”. The firm has “Sell” rating by Goldman Sachs given on Monday, July 16. The stock of Rockwell Automation Inc. (NYSE:ROK) earned “Equal-Weight” rating by Barclays Capital on Monday, October 5. Vertical Research downgraded it to “Hold” rating and $17500 target in Wednesday, April 25 report. The firm earned “Hold” rating on Sunday, December 10 by Stifel Nicolaus.

Analysts await Rockwell Automation Inc. (NYSE:ROK) to report earnings on November, 14. They expect $2.02 earnings per share, up 19.53% or $0.33 from last year’s $1.69 per share. ROK’s profit will be $248.80M for 21.44 P/E if the $2.02 EPS becomes a reality. After $2.16 actual earnings per share reported by Rockwell Automation Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.

Since February 15, 2018, it had 0 buys, and 8 selling transactions for $6.02 million activity. Chand Sujeet sold $894,054 worth of stock. Another trade for 5,000 shares valued at $932,501 was sold by Fooks Elik I. 5,533 shares were sold by CRANDALL THEODORE D, worth $1.04M. $262,752 worth of stock was sold by Etzel Steven W. on Tuesday, July 31. $831,996 worth of Rockwell Automation Inc. (NYSE:ROK) was sold by MILLER JOHN M.

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.05, from 1.08 in 2017Q4. It dived, as 55 investors sold ROK shares while 217 reduced holdings. 74 funds opened positions while 205 raised stakes. 83.56 million shares or 0.92% less from 84.33 million shares in 2017Q4 were reported. Stanley holds 37,619 shares or 1.49% of its portfolio. Pinnacle Limited invested in 0.03% or 8,470 shares. Riverhead Capital Mgmt Ltd Liability Company accumulated 6,609 shares. Bnp Paribas Asset Management, a France-based fund reported 63,957 shares. American Rech reported 25 shares. Neville Rodie Shaw owns 4,900 shares. 3,002 were reported by Frontier Investment Mgmt. Hyman Charles D holds 1,507 shares. Kcm Investment Advsrs Ltd Liability Com stated it has 2,343 shares. Suffolk Capital Limited Liability Com reported 70,214 shares stake. Trillium Asset Mngmt Ltd Liability Corporation reported 46,347 shares or 0.45% of all its holdings. Castleark Ltd reported 0.02% of its portfolio in Rockwell Automation Inc. (NYSE:ROK). Crossvault Mngmt Limited Com owns 3% invested in Rockwell Automation Inc. (NYSE:ROK) for 30,310 shares. Sumitomo Life Ins stated it has 13,926 shares or 0.32% of all its holdings. Sun Life Fincl Incorporated reported 101 shares.

Analysts await Canadian Pacific Railway Limited (NYSE:CP) to report earnings on October, 16. They expect $2.72 earnings per share, up 17.75% or $0.41 from last year’s $2.31 per share. CP’s profit will be $390.74M for 18.62 P/E if the $2.72 EPS becomes a reality. After $2.45 actual earnings per share reported by Canadian Pacific Railway Limited for the previous quarter, Wall Street now forecasts 11.02% EPS growth.

Rockwell Automation Inc. (NYSE:ROK) Institutional Positions Chart

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