Cardinal Capital Management Has Trimmed Its Masimo (MASI) Holding by $848,944; Stock Value Rose; Emerson Electric Co. (EMR) Market Value Rose While Foyston Gordon & Payne Decreased Stake

Masimo Corporation (NASDAQ:MASI) Logo

Cardinal Capital Management decreased its stake in Masimo Corp (MASI) by 36.85% based on its latest 2018Q2 regulatory filing with the SEC. Cardinal Capital Management sold 8,752 shares as the company’s stock rose 17.86% with the market. The hedge fund held 14,998 shares of the electromedical & electrotherapeutic apparatus company at the end of 2018Q2, valued at $1.47 million, down from 23,750 at the end of the previous reported quarter. Cardinal Capital Management who had been investing in Masimo Corp for a number of months, seems to be less bullish one the $5.58 billion market cap company. The stock decreased 2.54% or $2.74 during the last trading session, reaching $105.3. About 331,290 shares traded. Masimo Corporation (NASDAQ:MASI) has risen 36.40% since December 8, 2017 and is uptrending. It has outperformed by 20.78% the S&P500. Some Historical MASI News: 07/05/2018 – Masimo SET® Pulse Oximetry Helps Form Basis of Utah Senate Resolution on Postoperative Oxygen Saturation Home Monitoring for Patients Prescribed Opioids; 14/05/2018 – New Study Investigates the Economic Impact and Utility of Continuous Noninvasive Hemoglobin Measurement with Masimo SpHb® in; 06/03/2018 – Masimo Closes Above 200-Day Moving Average: Technicals; 22/04/2018 – DJ Masimo Corporation, Inst Holders, 1Q 2018 (MASI); 09/03/2018 – MASIMO CORP MASI.O : BARCLAYS STARTS WITH OVERWEIGHT RATING; $97 TARGET PRICE; 06/03/2018 Masimo Announces Replica™; 10/04/2018 – MASIMO REPORTS CE MARKING OF RAD-97™ PULSE CO-OXIMETER® WITH IN; 02/05/2018 – MASIMO 1Q ADJ EPS 75C, EST. 69C

Foyston Gordon & Payne Inc decreased its stake in Emerson Electric Co. (EMR) by 26.57% based on its latest 2018Q2 regulatory filing with the SEC. Foyston Gordon & Payne Inc sold 13,797 shares as the company’s stock rose 5.95% with the market. The institutional investor held 38,127 shares of the consumer electronics and appliances company at the end of 2018Q2, valued at $2.64M, down from 51,924 at the end of the previous reported quarter. Foyston Gordon & Payne Inc who had been investing in Emerson Electric Co. for a number of months, seems to be less bullish one the $39.42 billion market cap company. The stock decreased 1.32% or $0.84 during the last trading session, reaching $62.95. About 5.23 million shares traded or 46.31% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 25.87% since December 8, 2017 and is uptrending. It has outperformed by 10.25% the S&P500.

Analysts await Masimo Corporation (NASDAQ:MASI) to report earnings on February, 26. They expect $0.72 EPS, 0.00% or $0.00 from last year’s $0.72 per share. MASI’s profit will be $38.15 million for 36.56 P/E if the $0.72 EPS becomes a reality. After $0.71 actual EPS reported by Masimo Corporation for the previous quarter, Wall Street now forecasts 1.41% EPS growth.

More notable recent Masimo Corporation (NASDAQ:MASI) news were published by: Nasdaq.com which released: “Masimo (MASI) Beats Q3 Earnings and Revenue Estimates – Nasdaq” on October 31, 2018, also Seekingalpha.com with their article: “Masimo: Superb Q1, But The Stock Is Too High – Seeking Alpha” published on May 14, 2018, Nasdaq.com published: “Masimo (MASI) Scales a 52-Week High: What’s Driving It? – Nasdaq” on August 22, 2018. More interesting news about Masimo Corporation (NASDAQ:MASI) were released by: Nasdaq.com and their article: “Baxter (BAX) Launches Peri-Strips & Tisseel Prima, Shares Up – Nasdaq” published on November 15, 2018 as well as Nasdaq.com‘s news article titled: “Validea’s Top Five Healthcare Stocks Based On Peter Lynch – 11/18/2018 – Nasdaq” with publication date: November 18, 2018.

Among 11 analysts covering Masimo (NASDAQ:MASI), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Masimo had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, January 6 by Raymond James. The company was maintained on Tuesday, October 2 by Stifel Nicolaus. As per Wednesday, August 2, the company rating was maintained by Piper Jaffray. The rating was maintained by Wedbush on Monday, February 27 with “Outperform”. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 3. On Monday, August 14 the stock rating was upgraded by BTIG Research to “Buy”. The firm has “Hold” rating given on Tuesday, October 31 by Piper Jaffray. The stock of Masimo Corporation (NASDAQ:MASI) earned “Buy” rating by Stifel Nicolaus on Thursday, August 2. Roth Capital maintained the shares of MASI in report on Wednesday, July 19 with “Buy” rating. Roth Capital maintained the stock with “Buy” rating in Thursday, August 3 report.

Since July 6, 2018, it had 0 buys, and 13 sales for $74.75 million activity. 239,926 shares were sold by KIANI JOE E, worth $28.30 million. Van Ramshorst David J had sold 1,325 shares worth $165,625. Muhsin Bilal sold $2.36 million worth of stock or 20,000 shares. Another trade for 30,000 shares valued at $3.30M was made by Sampath Anand on Wednesday, November 28.

Investors sentiment decreased to 1.09 in 2018 Q2. Its down 0.02, from 1.11 in 2018Q1. It dived, as 25 investors sold MASI shares while 102 reduced holdings. 50 funds opened positions while 88 raised stakes. 41.52 million shares or 0.83% more from 41.18 million shares in 2018Q1 were reported. Cardinal Capital Management holds 0.44% or 14,998 shares. Alliancebernstein Limited Partnership invested 0% in Masimo Corporation (NASDAQ:MASI). Aperio Grp Inc Ltd Liability Com invested in 0.01% or 21,382 shares. Moreover, Tudor Corporation Et Al has 0.14% invested in Masimo Corporation (NASDAQ:MASI). Eaton Vance Mngmt reported 0.04% stake. Gotham Asset Mgmt Limited Company holds 44,771 shares. Wells Fargo & Mn has invested 0.01% in Masimo Corporation (NASDAQ:MASI). Paloma Prns invested in 131,590 shares. Btim stated it has 0.55% in Masimo Corporation (NASDAQ:MASI). Alyeska Inv Group Inc Limited Partnership holds 0.21% in Masimo Corporation (NASDAQ:MASI) or 224,475 shares. First Quadrant Limited Partnership Ca reported 0.31% of its portfolio in Masimo Corporation (NASDAQ:MASI). Meeder Asset Inc has invested 0% in Masimo Corporation (NASDAQ:MASI). Jane Street Gru Ltd Liability holds 0.03% or 119,384 shares in its portfolio. Monroe Savings Bank And Mi has 14,377 shares. Barclays Public Ltd Com, United Kingdom-based fund reported 86,877 shares.

Foyston Gordon & Payne Inc, which manages about $12.34B and $542.09M US Long portfolio, upped its stake in Bb&T Corp. (NYSE:BBT) by 6,750 shares to 202,384 shares, valued at $10.21 million in 2018Q2, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 14,674 shares in the quarter, for a total of 498,170 shares, and has risen its stake in Unitedhealth Group Inc. (NYSE:UNH).

Since June 18, 2018, it had 0 insider purchases, and 5 insider sales for $10.90 million activity. Karsanbhai Surendralal Lanca also sold $616,760 worth of Emerson Electric Co. (NYSE:EMR) on Wednesday, November 28. $1.73 million worth of Emerson Electric Co. (NYSE:EMR) shares were sold by Train Michael H.. Another trade for 6,409 shares valued at $475,774 was made by Pelch Steven J. on Tuesday, August 14. DELLAQUILA FRANK J also sold $3.51M worth of Emerson Electric Co. (NYSE:EMR) on Tuesday, August 14.

Investors sentiment increased to 0.81 in Q2 2018. Its up 0.10, from 0.71 in 2018Q1. It is positive, as 47 investors sold EMR shares while 466 reduced holdings. 101 funds opened positions while 316 raised stakes. 429.87 million shares or 0.53% more from 427.58 million shares in 2018Q1 were reported. Systematic Financial Mngmt LP holds 35,947 shares or 0.06% of its portfolio. Busey Tru has 6,447 shares for 0.04% of their portfolio. Amica Retiree Medical Tru has invested 0.18% in Emerson Electric Co. (NYSE:EMR). Cedar Hill Assoc Limited Liability Corp holds 0.08% in Emerson Electric Co. (NYSE:EMR) or 5,484 shares. Cambridge Tru Communication accumulated 185,867 shares or 0.8% of the stock. Grimes Communication invested in 2,997 shares. Ny State Teachers Retirement Systems stated it has 925,743 shares or 0.16% of all its holdings. Veritable LP owns 0.05% invested in Emerson Electric Co. (NYSE:EMR) for 33,563 shares. Hall Laurie J Trustee stated it has 22,350 shares or 0.89% of all its holdings. Wellington Mgmt Grp Ltd Liability Partnership holds 913,995 shares. Woodmont Inv Counsel Lc owns 53,593 shares. Beacon Advisors has invested 0.7% of its portfolio in Emerson Electric Co. (NYSE:EMR). Ashfield Cap Ptnrs Limited Liability Company has 0.1% invested in Emerson Electric Co. (NYSE:EMR) for 11,570 shares. Crawford Counsel stated it has 0.04% of its portfolio in Emerson Electric Co. (NYSE:EMR). The New York-based Hudson Valley Inv Advsrs Adv has invested 0.46% in Emerson Electric Co. (NYSE:EMR).

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Seekingalpha.com which released: “Crash Protection For Honeywell – Seeking Alpha” on November 30, 2018, also Seekingalpha.com with their article: “Emerson Electric Is A Great Industrial Stock – Cramer’s Lightning Round (11/8/18) – Seeking Alpha” published on November 09, 2018, Investorplace.com published: “3 Big Stock Charts for Thursday: Unum Group, Emerson Electric and American Electric Power – Investorplace.com” on December 06, 2018. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Nasdaq.com and their article: “Research Report Identifies CoreLogic, Altisource Portfolio Solutions SA, Old Dominion Freight Line, Emerson Electric, Boston Scientific, and Natural Grocers by Vitamin Cottage with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – Nasdaq” published on December 07, 2018 as well as Gurufocus.com‘s news article titled: “Price Drops Are Making This Company More Attractive – GuruFocus.com” with publication date: December 07, 2018.

Among 30 analysts covering Emerson Electric Co. (NYSE:EMR), 14 have Buy rating, 1 Sell and 15 Hold. Therefore 47% are positive. Emerson Electric Co. had 102 analyst reports since August 6, 2015 according to SRatingsIntel. On Thursday, June 22 the stock rating was maintained by Cowen & Co with “Hold”. Cowen & Co maintained Emerson Electric Co. (NYSE:EMR) on Thursday, July 20 with “Hold” rating. Barclays Capital maintained the shares of EMR in report on Monday, October 5 with “Equal-Weight” rating. The company was upgraded on Wednesday, February 8 by UBS. Citigroup maintained the stock with “Sell” rating in Monday, October 9 report. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, November 4. Cowen & Co maintained Emerson Electric Co. (NYSE:EMR) rating on Tuesday, August 1. Cowen & Co has “Hold” rating and $6200 target. Barclays Capital maintained it with “Equal Weight” rating and $53.0 target in Wednesday, August 5 report. Oppenheimer maintained Emerson Electric Co. (NYSE:EMR) on Tuesday, June 6 with “Hold” rating. On Monday, April 18 the stock rating was maintained by Barclays Capital with “Equal-Weight”.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on February, 5. They expect $0.67 EPS, up 15.52% or $0.09 from last year’s $0.58 per share. EMR’s profit will be $419.53M for 23.49 P/E if the $0.67 EPS becomes a reality. After $0.89 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts -24.72% negative EPS growth.

Masimo Corporation (NASDAQ:MASI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.