Marvin & Palmer Associates Has Trimmed Eaton Corp. Plc (ETN) Stake By $2.02 Million; Realnetworks Has 1.2 Sentiment

January 14, 2018 - By Hazel Jackson

RealNetworks, Inc. provides network-delivered digital media applications and services to manage, play, and share digital media. The company has market cap of $127.95 million. The firm operates through three divisions: Consumer Media, Mobile Services, and Games. It currently has negative earnings. The Consumer Media segment offers RealPlayer media player software, which enables clients to discover, play, download, manage and edit digital video, stream audio and video, download and save photos and videos from the Web, transfer and share content on social networks, and edit their own photo and video content.

Marvin & Palmer Associates Inc decreased Eaton Corp. Plc (ETN) stake by 43.75% reported in 2017Q3 SEC filing. Marvin & Palmer Associates Inc sold 26,545 shares as Eaton Corp. Plc (ETN)’s stock rose 8.91%. The Marvin & Palmer Associates Inc holds 34,135 shares with $2.62 million value, down from 60,680 last quarter. Eaton Corp. Plc now has $37.47 billion valuation. The stock increased 0.30% or $0.25 during the last trading session, reaching $84.24. About 2.42M shares traded or 1.01% up from the average. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since January 14, 2017 and is uptrending. It has outperformed by 14.32% the S&P500.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.07, from 1.07 in 2017Q2. It is negative, as 59 investors sold ETN shares while 280 reduced holdings. 80 funds opened positions while 259 raised stakes. 330.10 million shares or 0.23% less from 330.85 million shares in 2017Q2 were reported. Tiaa Cref Invest Mngmt Ltd Limited Liability Company holds 0.11% or 2.09 million shares in its portfolio. 2,505 were reported by Grp Inc One Trading Lp. Dreman Value L L C holds 0.48% or 11,293 shares in its portfolio. 950,703 are owned by First Trust Advisors L P. Moreover, Blb&B Llc has 0.11% invested in Eaton Corporation plc (NYSE:ETN) for 8,891 shares. Hudock Grp Ltd Liability Corporation has invested 0% in Eaton Corporation plc (NYSE:ETN). Sigma Planning Corp accumulated 0.09% or 14,438 shares. First Manhattan has invested 0% in Eaton Corporation plc (NYSE:ETN). Principal Financial Group Inc Inc has invested 0.05% in Eaton Corporation plc (NYSE:ETN). Cap Ca invested 0.45% in Eaton Corporation plc (NYSE:ETN). First Midwest Savings Bank Trust Division accumulated 13,296 shares or 0.12% of the stock. Whittier Trust Of Nevada reported 39,920 shares. Gabelli Funds Ltd Liability Corporation owns 235,000 shares for 0.1% of their portfolio. Sumitomo Mitsui Asset Mgmt Limited holds 114,289 shares or 0.14% of its portfolio. Cambridge Advisors Inc accumulated 16,672 shares.

Analysts await Eaton Corporation plc (NYSE:ETN) to report earnings on February, 1. They expect $1.24 EPS, up 10.71% or $0.12 from last year’s $1.12 per share. ETN’s profit will be $551.55 million for 16.98 P/E if the $1.24 EPS becomes a reality. After $1.25 actual EPS reported by Eaton Corporation plc for the previous quarter, Wall Street now forecasts -0.80% negative EPS growth.

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 8 have Buy rating, 4 Sell and 17 Hold. Therefore 28% are positive. Eaton Corporation had 76 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Eaton Corporation plc (NYSE:ETN) has “Hold” rating given on Tuesday, August 1 by Oppenheimer. The stock has “Buy” rating by HSBC on Friday, October 7. As per Thursday, October 5, the company rating was maintained by Jefferies. The firm has “Hold” rating by Vertical Research given on Tuesday, January 3. The company was maintained on Wednesday, November 2 by RBC Capital Markets. The rating was downgraded by Atlantic Securities to “Neutral” on Friday, August 14. The firm earned “Equal-Weight” rating on Monday, October 5 by Barclays Capital. The company was maintained on Tuesday, June 6 by Jefferies. The firm has “Neutral” rating given on Thursday, October 15 by William Blair. On Friday, February 3 the stock rating was downgraded by JP Morgan to “Neutral”.

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