Rockwell Automation (ROK) Stock Rating Reiterated at UBS; The $210 Target Indicates 26.11% Potential; Qumu Has 1.67 Sentiment

April 26, 2018 - By Ellis Scott

Research professionals at UBS have $210 price target on Rockwell Automation (NYSE:ROK). UBS’s price target suggests a potential upside of 26.11% from the company’s last price. The rating was revealed in a report on Thursday morning.

Qumu Corp (QUMU) investors sentiment increased to 1.67 in Q4 2017. It’s up 0.78, from 0.89 in 2017Q3. The ratio has improved, as 10 funds started new and increased stock positions, while 6 cut down and sold stock positions in Qumu Corp. The funds in our database now hold: 2.08 million shares, down from 2.21 million shares in 2017Q3. Also, the number of funds holding Qumu Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 7 New Position: 3.

Rockwell Automation Inc. provides industrial automation and information solutions worldwide. The company has market cap of $21.28 billion. It operates in two divisions, Architecture & Software; and Control Products & Solutions. It has a 57.52 P/E ratio. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.

Investors sentiment increased to 1.08 in Q4 2017. Its up 0.06, from 1.02 in 2017Q3. It is positive, as 34 investors sold Rockwell Automation Inc. shares while 226 reduced holdings. 95 funds opened positions while 187 raised stakes. 84.33 million shares or 2.10% less from 86.14 million shares in 2017Q3 were reported. The Indiana-based Spectrum Mgmt has invested 0.88% in Rockwell Automation Inc. (NYSE:ROK). Exane Derivatives owns 6,798 shares for 0.23% of their portfolio. Mirae Asset Glob Limited owns 46,626 shares or 0.12% of their US portfolio. Pettyjohn Wood And White Inc owns 1,220 shares. Johnson Investment Counsel, a Ohio-based fund reported 2,172 shares. Earnest Prtn Ltd stated it has 71 shares. Hanson Mcclain stated it has 2,697 shares. Regentatlantic Cap Ltd Limited Liability Company accumulated 1,828 shares or 0.03% of the stock. The Ontario – Canada-based Toronto Dominion National Bank & Trust has invested 0.03% in Rockwell Automation Inc. (NYSE:ROK). Dynamic Cap Management Limited holds 0.11% or 1,669 shares in its portfolio. The Rhode Island-based Amica Mutual Insurance has invested 0.1% in Rockwell Automation Inc. (NYSE:ROK). Da Davidson reported 23,760 shares. South Texas Money Limited stated it has 9,839 shares or 0.09% of all its holdings. Moreover, Pnc Svcs Group has 0.03% invested in Rockwell Automation Inc. (NYSE:ROK) for 147,574 shares. Foundry Ptnrs Ltd Liability Co holds 0.01% of its portfolio in Rockwell Automation Inc. (NYSE:ROK) for 1,125 shares.

Since December 8, 2017, it had 0 insider purchases, and 14 insider sales for $29.43 million activity. Goris Patrick P. sold $27,893 worth of stock or 145 shares. MCDERMOTT JOHN P also sold $385,187 worth of Rockwell Automation Inc. (NYSE:ROK) shares. Shares for $2.13 million were sold by NOSBUSCH KEITH D. $7.66M worth of Rockwell Automation Inc. (NYSE:ROK) shares were sold by Kulaszewicz Frank C. 10,000 shares valued at $2.03M were sold by CRANDALL THEODORE D on Friday, January 26. $2.11M worth of Rockwell Automation Inc. (NYSE:ROK) shares were sold by DORGAN DAVID M. MILLER JOHN M sold $831,996 worth of stock or 4,431 shares.

The stock decreased 0.47% or $0.78 during the last trading session, reaching $166.52. About 327,560 shares traded. Rockwell Automation Inc. (NYSE:ROK) has risen 13.32% since April 26, 2017 and is uptrending. It has outperformed by 1.77% the S&P500.

Among 29 analysts covering Rockwell Automation (NYSE:ROK), 5 have Buy rating, 3 Sell and 21 Hold. Therefore 17% are positive. Rockwell Automation has $214.0 highest and $85 lowest target. $156.76’s average target is -5.86% below currents $166.52 stock price. Rockwell Automation had 69 analyst reports since September 9, 2015 according to SRatingsIntel. The firm has “Hold” rating by Credit Suisse given on Friday, March 31. Nomura initiated the stock with “Neutral” rating in Friday, September 18 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, January 25. The firm has “Underperform” rating by Bank of America given on Thursday, October 29. Citigroup maintained it with “Neutral” rating and $200 target in Friday, November 10 report. Morgan Stanley maintained it with “Equal-Weight” rating and $173 target in Monday, October 2 report. Barclays Capital downgraded Rockwell Automation Inc. (NYSE:ROK) on Monday, October 5 to “Equal-Weight” rating. The firm earned “Outperform” rating on Wednesday, March 28 by Wells Fargo. On Monday, October 24 the stock rating was upgraded by Barclays Capital to “Overweight”. Sterne Agee CRT initiated Rockwell Automation Inc. (NYSE:ROK) on Wednesday, September 9 with “Underperform” rating.

Qumu Corporation engages in enterprise video content management software business. The company has market cap of $16.79 million. The companyÂ’s software applications enable businesses to create, manage, secure, deliver, and measure the success of their videos. It currently has negative earnings. It offers enterprise video content management software products through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.

Perkins Capital Management Inc holds 0.27% of its portfolio in Qumu Corporation for 116,800 shares. Teton Advisors Inc. owns 190,389 shares or 0.04% of their US portfolio. Moreover, Buckingham Asset Management Llc has 0.02% invested in the company for 32,085 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 50,415 shares.

By1 Ellis Scott