Whittier Trust Co Has Cut Cognex Com (CGNX) Stake By $2.56 Million; Piedmont Investment Advisors Trimmed American Elec Pwr Com (AEP) Position

June 22, 2018 - By Peter Erickson

Cognex Corporation (NASDAQ:CGNX) Logo

Whittier Trust Co decreased Cognex Corp Com (CGNX) stake by 99.42% reported in 2018Q1 SEC filing. Whittier Trust Co sold 48,220 shares as Cognex Corp Com (CGNX)’s stock declined 13.31%. The Whittier Trust Co holds 280 shares with $15,000 value, down from 48,500 last quarter. Cognex Corp Com now has $7.84B valuation. The stock decreased 0.20% or $0.09 during the last trading session, reaching $45.33. About 210,250 shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 0.46% since June 22, 2017 and is uptrending. It has underperformed by 12.11% the S&P500. Some Historical CGNX News: 10/05/2018 – Ivanti Introduces Support for Cognex Mobile Data Capture Solutions; 30/04/2018 – COGNEX 1Q EPS 21C; 04/05/2018 – Cognex Presenting at JPMorgan Conference May 15; 03/05/2018 – Cognex to Webcast Conference Presentations; 07/05/2018 – Cognex Presenting at Conference Jun 6; 21/04/2018 DJ Cognex Corporation, Inst Holders, 1Q 2018 (CGNX); 30/04/2018 – COGNEX 1Q ADJ. EPS 18C, EST. 20C; 30/04/2018 – COGNEX SEES 2Q REV. $200M TO $210.0M; 30/04/2018 – Cognex 1Q Rev $169.6M; 01/05/2018 – Cognex sells technologies to factories that assist with putting OLED screens on iPhone X devices

Piedmont Investment Advisors Llc decreased American Elec Pwr Inc Com (AEP) stake by 30.03% reported in 2018Q1 SEC filing. Piedmont Investment Advisors Llc sold 31,818 shares as American Elec Pwr Inc Com (AEP)’s stock rose 0.37%. The Piedmont Investment Advisors Llc holds 74,133 shares with $5.09 million value, down from 105,951 last quarter. American Elec Pwr Inc Com now has $33.32B valuation. The stock increased 0.28% or $0.19 during the last trading session, reaching $67.66. About 377,557 shares traded. American Electric Power Company, Inc. (NYSE:AEP) has declined 5.06% since June 22, 2017 and is downtrending. It has underperformed by 17.63% the S&P500. Some Historical AEP News: 19/04/2018 – AMERICAN ELECTRIC POWER COMPANY INC – AEP FILED UPDATED TRANSMISSION FORMULA RATES THAT INCORPORATE BENEFITS OF TAX REFORM FOR TRANSMISSION CUSTOMERS; 02/04/2018 – American Electric Power Seeks Bids for Coal; 24/04/2018 – AMERICAN ELECTRIC POWER SAYS PSO, OKLAHOMA INDUSTRIAL ENERGY CONSUMERS, WALMART REACHED SETTLEMENT AGREEMENT ON PSO’S PROPOSED WIND CATCHER AGREEMENT; 24/04/2018 – AMERICAN ELECTRIC POWER SAYS PSO, OIEC,WALMART REQUESTING OKLAHOMA CORPORATION COMMISSION APPROVE PROJECT UNDER TERMS OF SETTLEMENT AGREEMENT; 04/04/2018 – EPA: AEP SWEPCO of Shreveport, La., Earns 2017 ENERGY STAR® Partner of the Year Honors; 14/05/2018 – AEP Names Smoak President And COO Of SWEPCO; 26/04/2018 – American Electric Power 1Q Net $454.4M; 26/04/2018 – American Electric Power Sees FY Adj EPS $3.75-Adj EPS $3.95; 21/05/2018 – TEXAS JUDGE RECOMMENDS CONDITIONAL APPROVAL OF AEP WIND PROJECT; 29/05/2018 – Pioneer Equity Income Adds American Electric Power Co

More news for Cognex Corporation (NASDAQ:CGNX) were recently published by: Seekingalpha.com, which released: “Under Armour Is A Winner – Cramer’s Lightning Round (6/20/18)” on June 21, 2018. Fool.com‘s article titled: “3 Under-the-Radar Robotics Stocks” and published on June 12, 2018 is yet another important article.

Among 19 analysts covering Cognex Corporation (NASDAQ:CGNX), 9 have Buy rating, 3 Sell and 7 Hold. Therefore 47% are positive. Cognex Corporation had 47 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, November 3, the company rating was downgraded by Credit Agricole. Needham maintained it with “Buy” rating and $47 target in Tuesday, August 4 report. The stock has “Buy” rating by Cowen & Co on Friday, September 8. The firm has “Hold” rating by Canaccord Genuity given on Tuesday, October 31. The rating was initiated by Raymond James on Friday, January 22 with “Outperform”. Robert W. Baird maintained the shares of CGNX in report on Tuesday, October 31 with “Neutral” rating. The firm earned “Sell” rating on Monday, May 7 by J.P. Morgan. The firm has “Neutral” rating by Northcoast given on Friday, December 2. On Tuesday, August 2 the stock rating was maintained by CLSA with “Underperform”. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Hold” rating by Canaccord Genuity on Monday, July 31.

Investors sentiment decreased to 0.74 in Q1 2018. Its down 5.79, from 6.53 in 2017Q4. It dived, as 64 investors sold CGNX shares while 145 reduced holdings. 50 funds opened positions while 104 raised stakes. 140.09 million shares or 47.81% less from 268.44 million shares in 2017Q4 were reported. Pennsylvania-based Northstar Asset Mngmt Lc has invested 0.54% in Cognex Corporation (NASDAQ:CGNX). Brown Capital Mngmt Lc reported 7.35 million shares or 4.34% of all its holdings. Caisse De Depot Et Placement Du Quebec reported 0% in Cognex Corporation (NASDAQ:CGNX). Stratos Wealth Prns stated it has 0% in Cognex Corporation (NASDAQ:CGNX). Atria Lc holds 0.02% or 6,861 shares. Tci Wealth Advsrs Inc invested 0% of its portfolio in Cognex Corporation (NASDAQ:CGNX). Virtu Financial Limited Company reported 18,079 shares stake. Vantage Inv Advsrs Ltd Liability Corporation, Pennsylvania-based fund reported 501 shares. New York State Common Retirement Fund invested in 1.57M shares. Balyasny Asset Ltd Company reported 0% stake. Prudential reported 0.01% in Cognex Corporation (NASDAQ:CGNX). State Board Of Administration Of Florida Retirement Sys reported 214,556 shares stake. Wisconsin-based Thompson Investment Management Inc has invested 0.1% in Cognex Corporation (NASDAQ:CGNX). The North Carolina-based Carroll Finance Associates Inc has invested 0% in Cognex Corporation (NASDAQ:CGNX). Teachers Retirement Sys Of The State Of Kentucky owns 35,252 shares or 0.02% of their US portfolio.

Since March 12, 2018, it had 0 insider purchases, and 1 insider sale for $564,892 activity. SUN ANTHONY sold $564,892 worth of stock or 10,000 shares.

Analysts await Cognex Corporation (NASDAQ:CGNX) to report earnings on July, 30. They expect $0.30 EPS, down 3.23% or $0.01 from last year’s $0.31 per share. CGNX’s profit will be $51.89 million for 37.78 P/E if the $0.30 EPS becomes a reality. After $0.21 actual EPS reported by Cognex Corporation for the previous quarter, Wall Street now forecasts 42.86% EPS growth.

Whittier Trust Co increased Vanguard Emerging Market Equity Etf (VWO) stake by 34,593 shares to 658,937 valued at $30.95 million in 2018Q1. It also upped Costco Whsl Corp New Com (NASDAQ:COST) stake by 1,827 shares and now owns 48,004 shares. Tjx Cos Inc New Com (NYSE:TJX) was raised too.

Another recent and important American Electric Power Company, Inc. (NYSE:AEP) news was published by Seekingalpha.com which published an article titled: “Utilities sector upgraded at Morgan Stanley as riskier stock market looms” on June 18, 2018.

Analysts await American Electric Power Company, Inc. (NYSE:AEP) to report earnings on July, 26. They expect $0.81 EPS, up 8.00% or $0.06 from last year’s $0.75 per share. AEP’s profit will be $398.94M for 20.88 P/E if the $0.81 EPS becomes a reality. After $0.96 actual EPS reported by American Electric Power Company, Inc. for the previous quarter, Wall Street now forecasts -15.63% negative EPS growth.

Piedmont Investment Advisors Llc increased Teradata Corp Del Com (NYSE:TDC) stake by 23,382 shares to 33,839 valued at $1.34 million in 2018Q1. It also upped Eastman Chem Co Com (NYSE:EMN) stake by 36,751 shares and now owns 43,982 shares. Prologis Inc Com (NYSE:PLD) was raised too.

Among 21 analysts covering American Electric Power Company Inc. (NYSE:AEP), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. American Electric Power Company Inc. had 77 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, December 15. JP Morgan maintained the shares of AEP in report on Tuesday, April 10 with “Neutral” rating. Jefferies maintained the stock with “Buy” rating in Friday, June 17 report. The firm has “Buy” rating given on Monday, March 19 by SunTrust. The stock of American Electric Power Company, Inc. (NYSE:AEP) has “Buy” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The company was downgraded on Tuesday, January 2 by Guggenheim. The rating was downgraded by Evercore on Wednesday, November 2 to “Hold”. Jefferies maintained American Electric Power Company, Inc. (NYSE:AEP) rating on Friday, July 28. Jefferies has “Hold” rating and $7300 target. The company was upgraded on Monday, January 22 by Macquarie Research. The stock has “Hold” rating by RBC Capital Markets on Sunday, October 8.

Cognex Corporation (NASDAQ:CGNX) Institutional Positions Chart

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