As Cognex (CGNX) Market Value Declined, Nordea Investment Management Ab Has Raised Its Stake by $11.60 Million; Sandhill Capital Partners Holding in Eaton Plc Shs Isin (ETN) Has Boosted as Stock Value Declined

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Sandhill Capital Partners Llc increased its stake in Eaton Corporation Plc Shs Isin (ETN) by 5% based on its latest 2018Q3 regulatory filing with the SEC. Sandhill Capital Partners Llc bought 8,144 shares as the company’s stock declined 16.33% with the market. The institutional investor held 171,136 shares of the technology company at the end of 2018Q3, valued at $14.84 million, up from 162,992 at the end of the previous reported quarter. Sandhill Capital Partners Llc who had been investing in Eaton Corporation Plc Shs Isin for a number of months, seems to be bullish on the $30.43 billion market cap company. The stock increased 0.04% or $0.03 during the last trading session, reaching $70.22. About 1.68M shares traded. Eaton Corporation plc (NYSE:ETN) has declined 7.68% since January 12, 2018 and is downtrending. It has underperformed by 7.68% the S&P500. Some Historical ETN News: 01/05/2018 – Eaton Corp. Sees 2Q EPS $1.25-EPS $1.35; 10/05/2018 – EATON – SFGW WILL OWN 51 PCT INTEREST IN NEW JV, EATON WILL OWN 49 PCT INTEREST; 16/05/2018 – FORD MOTOR TO GIVE UPDATE ON MAY 2 FIRE AT EATON RAPIDS PLANT; 09/05/2018 – FORD – TO PROVIDE UPDATE ON RESPONSE TO SUPPLY ISSUE AS RESULT OF FIRE ON MAY 2 AT MERIDIAN MAGNESIUM PRODUCTS OF AMERICA FACTORY IN EATON RAPIDS; 07/05/2018 – Eaton Named to 100 Best Corporate Citizens List for 11th Consecutive Year by Corporate Responsibility Magazine; 02/04/2018 – Eaton Partners Acts as Exclusive Placement Agent for Oversubscribed Five Point Capital Midstream Fund III; 01/05/2018 – Eaton Corp. 1Q Net $488M; 09/05/2018 – FORD SAYS ITS BUSINESS ACCOUNTS FOR ‘LESS THAN A THIRD’ OF VOLUME OF OUTPUT FROM MERIDIAN MAGNESIUM PLANT IN EATON RAPIDS, MICHIGAN; 24/05/2018 – S&P REVISES EATON CORP PLC OUTLOOK TO ‘STABLE’ FROM ‘NEGATIVE’; RATING ‘A-‘; 01/05/2018 – EATON CORP 1Q ADJ OPER EPS $1.10

Nordea Investment Management Ab increased its stake in Cognex (CGNX) by 2471.87% based on its latest 2018Q3 regulatory filing with the SEC. Nordea Investment Management Ab bought 210,875 shares as the company’s stock declined 23.90% with the market. The institutional investor held 219,406 shares of the industrial machinery and components company at the end of 2018Q3, valued at $12.25M, up from 8,531 at the end of the previous reported quarter. Nordea Investment Management Ab who had been investing in Cognex for a number of months, seems to be bullish on the $7.19 billion market cap company. The stock decreased 0.88% or $0.37 during the last trading session, reaching $41.74. About 632,961 shares traded. Cognex Corporation (NASDAQ:CGNX) has declined 34.58% since January 12, 2018 and is downtrending. It has underperformed by 34.58% the S&P500. Some Historical CGNX News: 21/04/2018 DJ Cognex Corporation, Inst Holders, 1Q 2018 (CGNX); 07/05/2018 – Cognex Presenting at Conference Jun 6; 30/04/2018 – COGNEX 1Q ADJ. EPS 18C; 30/04/2018 – Cognex 1Q Rev $169.6M; 30/04/2018 – COGNEX SEES 2Q REV. $200M TO $210.0M; 30/04/2018 – COGNEX 1Q REV. $169.6M, EST. $171.1M; 30/04/2018 – COGNEX 1Q EPS 21C; 01/05/2018 – Analyst Neil Campling of Mirabaud Securities said that weaker-than-expected first quarter earnings and second quarter earnings from Cognex provide more evidence of this; 30/04/2018 – Cognex Declares Quarterly Cash Dividend; 14/05/2018 – Cognex Presenting at JPMorgan Conference Tomorrow

More notable recent Cognex Corporation (NASDAQ:CGNX) news were published by: Gurufocus.com which released: “Thoughts on 2018 Performance – GuruFocus.com” on January 08, 2019, also Investorplace.com with their article: “15 Winning Stocks to Buy in 2019 (That Were Losers in 2018) – Investorplace.com” published on December 14, 2018, Seekingalpha.com published: “A Buyable Dip In Cognex? – Seeking Alpha” on June 23, 2018. More interesting news about Cognex Corporation (NASDAQ:CGNX) were released by: Seekingalpha.com and their article: “Cognex +6.2% on Q2 beats, in-line guide – Seeking Alpha” published on July 30, 2018 as well as Nasdaq.com‘s news article titled: “We Did The Math IETC Can Go To $27 – Nasdaq” with publication date: December 28, 2018.

Investors sentiment increased to 1.15 in 2018 Q3. Its up 0.03, from 1.12 in 2018Q2. It is positive, as 28 investors sold CGNX shares while 106 reduced holdings. 49 funds opened positions while 105 raised stakes. 148.14 million shares or 0.09% more from 148.01 million shares in 2018Q2 were reported. Cambridge Investment Research Advsrs invested in 7,121 shares. Pennsylvania-based Gardner Lewis Asset Ltd Partnership has invested 0.12% in Cognex Corporation (NASDAQ:CGNX). American Century Incorporated invested 0.06% in Cognex Corporation (NASDAQ:CGNX). Regions Fin reported 6,204 shares or 0% of all its holdings. 1,437 were reported by Assetmark. Alliancebernstein Ltd Partnership holds 0.02% or 458,256 shares. Earnest Prtn Ltd Liability Co has invested 0% of its portfolio in Cognex Corporation (NASDAQ:CGNX). Marsico Mgmt Ltd Llc has invested 0.12% in Cognex Corporation (NASDAQ:CGNX). Products Prtnrs owns 223,072 shares for 0.52% of their portfolio. 3,870 are owned by Bluecrest Management. Trust Of Vermont holds 0% of its portfolio in Cognex Corporation (NASDAQ:CGNX) for 400 shares. Cannell Peter B And holds 5,000 shares. Blue Financial Incorporated holds 0.23% or 8,500 shares. Hall Laurie J Trustee accumulated 520 shares. Bahl And Gaynor Inc owns 6,922 shares for 0% of their portfolio.

Among 21 analysts covering Cognex Corporation (NASDAQ:CGNX), 9 have Buy rating, 3 Sell and 9 Hold. Therefore 43% are positive. Cognex Corporation had 53 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Tuesday, May 1. The firm has “Equal-Weight” rating given on Thursday, October 11 by Morgan Stanley. Needham maintained it with “Buy” rating and $80 target in Friday, February 17 report. JP Morgan upgraded the stock to “Neutral” rating in Tuesday, April 3 report. The firm has “Underweight” rating given on Monday, May 7 by JP Morgan. The stock has “Buy” rating by Needham on Tuesday, November 1. The firm earned “Neutral” rating on Friday, December 2 by Northcoast. The firm has “Neutral” rating by Robert W. Baird given on Tuesday, October 31. Canaccord Genuity maintained the shares of CGNX in report on Friday, April 1 with “Buy” rating. Raymond James downgraded the shares of CGNX in report on Friday, March 11 to “Market Perform” rating.

Nordea Investment Management Ab, which manages about $48.52B US Long portfolio, decreased its stake in Vectrus by 17,200 shares to 8,400 shares, valued at $262,000 in 2018Q3, according to the filing. It also reduced its holding in Titan Machinery (NASDAQ:TITN) by 28,200 shares in the quarter, leaving it with 18,600 shares, and cut its stake in Old Dominion Freight Line (NASDAQ:ODFL).

Since September 11, 2018, it had 0 insider buys, and 3 insider sales for $1.38 million activity. $548,999 worth of Cognex Corporation (NASDAQ:CGNX) was sold by SUN ANTHONY on Wednesday, September 12.

Sandhill Capital Partners Llc, which manages about $570.29 million and $674.73M US Long portfolio, decreased its stake in Gardner Denver Holdings Inc Co by 42,296 shares to 727,252 shares, valued at $20.61M in 2018Q3, according to the filing. It also reduced its holding in Idexx Laboratories Inc Com (NASDAQ:IDXX) by 10,534 shares in the quarter, leaving it with 49,918 shares, and cut its stake in Siteone Landscape Supply Inc C.

Investors sentiment decreased to 1.07 in Q3 2018. Its down 0.13, from 1.2 in 2018Q2. It worsened, as 39 investors sold ETN shares while 286 reduced holdings. 109 funds opened positions while 239 raised stakes. 323.43 million shares or 0.99% less from 326.66 million shares in 2018Q2 were reported. Deroy Devereaux Private Counsel holds 1.79% or 205,941 shares in its portfolio. Amf Pensionsforsakring Ab invested in 0.59% or 745,314 shares. Aperio Limited Liability has 397,900 shares for 0.15% of their portfolio. 186,141 were accumulated by Dekabank Deutsche Girozentrale. Hl Financial Serv Ltd Limited Liability Company accumulated 16,506 shares. First Amer Savings Bank holds 0.21% or 34,352 shares. Gillespie Robinson & Grimm, a Connecticut-based fund reported 330,433 shares. Ferguson Wellman Mngmt, a Oregon-based fund reported 236,480 shares. 1.06M were accumulated by Ameriprise Fincl. Commonwealth Bank & Trust Of invested 0.05% of its portfolio in Eaton Corporation plc (NYSE:ETN). The Vermont-based Prentiss Smith has invested 0.01% in Eaton Corporation plc (NYSE:ETN). 23,869 were reported by Trexquant Investment L P. Caisse De Depot Et Placement Du Quebec has 0.17% invested in Eaton Corporation plc (NYSE:ETN). The Nebraska-based Bridges Investment Management Inc has invested 0.65% in Eaton Corporation plc (NYSE:ETN). Ls Advisors Lc holds 0.09% in Eaton Corporation plc (NYSE:ETN) or 18,085 shares.

Cognex Corporation (NASDAQ:CGNX) Institutional Positions Chart

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