As Ametek (AME) Market Value Declined, Holder Teachers Retirement System Of The State Of Kentucky Has Decreased Position by $841,271; Emc Ins Group (EMCI) Holder Grace & White Boosted Position

EMC Insurance Group Inc. (NASDAQ:EMCI) Logo

Grace & White Inc increased its stake in Emc Ins Group Inc (EMCI) by 6.97% based on its latest 2018Q3 regulatory filing with the SEC. Grace & White Inc bought 13,929 shares as the company’s stock rose 27.36% while stock markets declined. The institutional investor held 213,841 shares of the property-casualty insurers company at the end of 2018Q3, valued at $5.29M, up from 199,912 at the end of the previous reported quarter. Grace & White Inc who had been investing in Emc Ins Group Inc for a number of months, seems to be bullish on the $684.00M market cap company. The stock decreased 0.47% or $0.15 during the last trading session, reaching $31.65. About 24,948 shares traded. EMC Insurance Group Inc. (NASDAQ:EMCI) has risen 8.04% since January 12, 2018 and is uptrending. It has outperformed by 8.04% the S&P500. Some Historical EMCI News: 13/03/2018 – Gartner reports Dell EMC, HPE and lnspur are top 3 in x86 servers in 2017; 16/04/2018 – EMC INSURANCE EMCI.O SEES FY 2018 NON-GAAP OPER SHR $1.10 TO $1.30; 09/04/2018 – Oxford University Press, EMC School Announce Exclusive Distribution Agreement in Canada; 13/03/2018 – Bosch, RTI, Huawei and Dell EMC Confirmed as New IIC Leadership; 27/03/2018 – Omnicom Health Group Acquires Elsevier’s Pharma Communications Business In Japan, Rebrands As EMC K.K; 06/03/2018 – Officer Prather Disposes 46 Of EMC Insurance Group Inc; 20/03/2018 – FBO:Veteran Aff: Veterans Affairs Contract Award – D–Dell EMC VCE vBlock Premium Maintenance Support – 36C10B18Q27243; 21/05/2018 – CRN Exclusive: Dell Vice Chairman Jeff Clarke On Storage Plans, Public Cloud Costs And Dell EMC Product Roadmap; 04/05/2018 – EMC INSURANCE GROUP INC SEES 2018 NON-GAAP OPERATING INCOME GUIDANCE OF $1.10 TO $1.30 PER SHARE; 04/05/2018 – EMC INSURANCE – REVISING 2018 NON-GAAP OPERATING INCOME GUIDANCE TO A RANGE OF $1.10 TO $1.30 PER SHARE

Teachers Retirement System Of The State Of Kentucky decreased its stake in Ametek Inc (AME) by 8.34% based on its latest 2018Q3 regulatory filing with the SEC. Teachers Retirement System Of The State Of Kentucky sold 10,649 shares as the company’s stock declined 10.93% with the market. The institutional investor held 117,049 shares of the consumer durables company at the end of 2018Q3, valued at $9.26 million, down from 127,698 at the end of the previous reported quarter. Teachers Retirement System Of The State Of Kentucky who had been investing in Ametek Inc for a number of months, seems to be less bullish one the $16.38 billion market cap company. The stock decreased 0.07% or $0.05 during the last trading session, reaching $70.55. About 875,668 shares traded. AMETEK, Inc. (NYSE:AME) has declined 0.98% since January 12, 2018 and is downtrending. It has underperformed by 0.98% the S&P500. Some Historical AME News: 29/05/2018 – PRESS RELEASE – P&M CORPORATE FINANCE (PMCF) ANNOUNCES THE SALE OF SOUNDCOM CORPORATION TO AMETEK, INC. (NYSE: AME); 09/05/2018 – Matthew J. Conti Elected Vice President, Human Re; 07/05/2018 – Ametek at Wells Fargo Industrials Conference Tomorrow; 22/04/2018 – DJ AMETEK Inc, Inst Holders, 1Q 2018 (AME); 29/05/2018 – P&M Corporate Finance (PMCF) Announces the Sale of SoundCom Corporation to AMETEK, Inc. (NYSE: AME); 02/05/2018 – Ametek Increases 2018 Guidance After First-Quarter Profit Rise; Buys SoundCom; 26/04/2018 – Ametek Presenting at Wells Fargo Industrials Conference May 8; 02/05/2018 – Ametek Sees 2Q EPS 76c-EPS 78c; 22/03/2018 – Ametek Closes Below 50-Day Moving Average: Technicals; 09/05/2018 – David R. Samyn Elected Vice President And General Manager, Materials Analysis Division

More notable recent EMC Insurance Group Inc. (NASDAQ:EMCI) news were published by: Seekingalpha.com which released: “20 Upcoming Dividend Increases – Seeking Alpha” on November 08, 2018, also Stockhouse.com with their article: “Detailed Research: Economic Perspectives on AT&T, JD, EMC Insurance Group, Insys Therapeutics, Medidata Solutions, and Heritage-Crystal Clean — What Drives Growth in Today’s Competitive Landscape – Stockhouse” published on December 06, 2018, Globenewswire.com published: “EMC Insurance Group Inc. Announces Second Quarter Estimates and Revises 2018 Non-GAAP Operating Income Guidance* – GlobeNewswire” on July 26, 2018. More interesting news about EMC Insurance Group Inc. (NASDAQ:EMCI) were released by: Seekingalpha.com and their article: “EMC Insurance forms committee to review proposal from parent – Seeking Alpha” published on November 21, 2018 as well as Seekingalpha.com‘s news article titled: “19 Dividend Increases: October 31-November 6, 2016 – Seeking Alpha” with publication date: November 11, 2016.

Investors sentiment decreased to 1.55 in 2018 Q3. Its down 0.20, from 1.75 in 2018Q2. It fall, as 5 investors sold EMCI shares while 15 reduced holdings. 6 funds opened positions while 25 raised stakes. 6.09 million shares or 1.26% more from 6.01 million shares in 2018Q2 were reported. Alliancebernstein Limited Partnership invested 0% of its portfolio in EMC Insurance Group Inc. (NASDAQ:EMCI). Kennedy Capital Management accumulated 274,868 shares or 0.13% of the stock. Moreover, Geode Cap Lc has 0% invested in EMC Insurance Group Inc. (NASDAQ:EMCI) for 84,827 shares. State Street holds 0% or 173,783 shares. Northern Trust holds 388,452 shares. Great West Life Assurance Can holds 275 shares or 0% of its portfolio. Hotchkis And Wiley Cap Lc invested in 45,634 shares or 0% of the stock. Millennium Mngmt Ltd Llc accumulated 15,444 shares. Invesco Ltd holds 0% in EMC Insurance Group Inc. (NASDAQ:EMCI) or 12,791 shares. Morgan Stanley reported 30,742 shares. Savings Bank Of Montreal Can reported 64 shares. Stone Ridge Asset Ltd accumulated 16,187 shares. 10,064 are owned by Panagora Asset Management. Moreover, Deutsche Financial Bank Ag has 0% invested in EMC Insurance Group Inc. (NASDAQ:EMCI) for 37,107 shares. Bnp Paribas Arbitrage accumulated 309 shares or 0% of the stock.

Grace & White Inc, which manages about $820.58M and $471.20 million US Long portfolio, decreased its stake in Kimball Intl Inc Cl B (NASDAQ:KBAL) by 28,165 shares to 29,900 shares, valued at $501,000 in 2018Q3, according to the filing. It also reduced its holding in Callaway Golf Co Com (NYSE:ELY) by 34,150 shares in the quarter, leaving it with 399,184 shares, and cut its stake in Williams Sonoma Inc Com (NYSE:WSM).

Among 2 analysts covering EMC Insurance Group (NASDAQ:EMCI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. EMC Insurance Group had 10 analyst reports since September 9, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, September 9 by Sandler O’Neill. Keefe Bruyette & Woods maintained EMC Insurance Group Inc. (NASDAQ:EMCI) on Thursday, August 17 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, September 20. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, February 8. The stock of EMC Insurance Group Inc. (NASDAQ:EMCI) earned “Market Perform” rating by Keefe Bruyette & Woods on Tuesday, October 20. The rating was upgraded by Sandler O’Neill on Wednesday, June 20 to “Buy”. The stock of EMC Insurance Group Inc. (NASDAQ:EMCI) earned “Buy” rating by Sandler O’Neill on Wednesday, January 20. Keefe Bruyette & Woods maintained EMC Insurance Group Inc. (NASDAQ:EMCI) rating on Monday, April 16. Keefe Bruyette & Woods has “Hold” rating and $2800 target. Sandler O’Neill downgraded the shares of EMCI in report on Friday, December 18 to “Hold” rating. The company was maintained on Friday, April 6 by Sandler O’Neill.

Investors sentiment increased to 1.2 in Q3 2018. Its up 0.04, from 1.16 in 2018Q2. It is positive, as 24 investors sold AME shares while 161 reduced holdings. 60 funds opened positions while 162 raised stakes. 188.53 million shares or 1.17% less from 190.75 million shares in 2018Q2 were reported. Amp Capital Investors stated it has 167,131 shares or 0.07% of all its holdings. Mutual Of Omaha State Bank Wealth Mgmt holds 0.3% or 13,483 shares in its portfolio. Cramer Rosenthal Mcglynn reported 0.54% in AMETEK, Inc. (NYSE:AME). Mitsubishi Ufj Trust And Banking has invested 0.05% in AMETEK, Inc. (NYSE:AME). Schwab Charles invested 0.05% in AMETEK, Inc. (NYSE:AME). 16,183 were accumulated by Pictet Bancshares Trust Limited. Laffer stated it has 31,840 shares. Moreover, Dudley Shanley has 0.5% invested in AMETEK, Inc. (NYSE:AME) for 33,574 shares. Amer Group has 85,698 shares for 0.02% of their portfolio. Renaissance Tech Limited Liability Corporation invested in 267,850 shares. Pub Employees Retirement Association Of Colorado stated it has 40,975 shares or 0.02% of all its holdings. Vigilant Cap Ltd Liability Com, a Maine-based fund reported 29,754 shares. Illinois-based Ativo Cap Mgmt Ltd Liability Corp has invested 0.44% in AMETEK, Inc. (NYSE:AME). Stifel Financial Corporation holds 17,120 shares or 0% of its portfolio. Private Ocean Limited Liability Company stated it has 0.01% of its portfolio in AMETEK, Inc. (NYSE:AME).

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on February, 7. They expect $0.84 earnings per share, up 20.00% or $0.14 from last year’s $0.7 per share. AME’s profit will be $194.98M for 21.00 P/E if the $0.84 EPS becomes a reality. After $0.82 actual earnings per share reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

Since July 26, 2018, it had 1 insider purchase, and 10 selling transactions for $4.28 million activity. McClain Gretchen W sold $209,567 worth of stock. Hardin John Wesley sold $2.44M worth of stock. On Monday, November 12 AMATO THOMAS A bought $146,290 worth of AMETEK, Inc. (NYSE:AME) or 2,000 shares.

Teachers Retirement System Of The State Of Kentucky, which manages about $8.35 billion US Long portfolio, upped its stake in Integra Lifesciences Hldgs C (NASDAQ:IART) by 18,020 shares to 64,990 shares, valued at $4.28 million in 2018Q3, according to the filing. It also increased its holding in Repligen Corp (NASDAQ:RGEN) by 17,994 shares in the quarter, for a total of 28,676 shares, and has risen its stake in Infosys Technologies (NYSE:INFY).

Among 15 analysts covering AMETEK (NYSE:AME), 15 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AMETEK had 73 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, September 15. The stock has “Buy” rating by Jefferies on Wednesday, September 20. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, November 2. The stock of AMETEK, Inc. (NYSE:AME) earned “Buy” rating by Jefferies on Thursday, June 15. Stifel Nicolaus maintained the shares of AME in report on Friday, August 5 with “Buy” rating. Morgan Stanley maintained the shares of AME in report on Friday, November 3 with “Equal-Weight” rating. The firm has “Buy” rating by Jefferies given on Tuesday, August 9. The stock of AMETEK, Inc. (NYSE:AME) earned “Buy” rating by BMO Capital Markets on Monday, October 16. The stock has “Buy” rating by Stifel Nicolaus on Friday, October 6. The firm earned “Neutral” rating on Friday, April 29 by Atlantic Securities.

AMETEK, Inc. (NYSE:AME) Institutional Positions Chart