Regal Beloit Corp (RBC) Shares Declined While Dean Investment Associates LLC Increased by $4.52 Million Its Stake

April 17, 2018 - By Jenna Rose

Regal Beloit Corporation (NYSE:RBC) Corporate LogoBig Money Sentiment increased to 1.48 in 2017 Q4. It has change of 0.25, from 2017Q3’s 1.23. The ratio is positive due to RBC positioning: 20 sold and 76 reduced. 52 funds took holdings and 90 increased holdings. Investors holded 41.24 million in 2017Q3 but now own 41.43 million shares or 0.48% more. 14,936 were reported by Nomura Holding. Retirement Of Alabama has 0.04% invested in Regal Beloit Corporation (NYSE:RBC). Texas Permanent School Fund accumulated 29,948 shs. 61,680 are owned by Citadel Advsr Ltd Liability. Lsv Asset, Illinois-based fund reported 543,660 shs. Utah Retirement System has invested 0.01% in Regal Beloit Corporation (NYSE:RBC). 5,519 are held by Bokf Na. Utd Serv Automobile Association stated it has 8,782 shs. Aperio Group Limited Liability invested in 16,832 shs. 5,272 are held by Profund Advsrs Limited Liability Corp. Meeder Asset Inc holds 4,912 shs or 0.03% of its capital. State Of Tennessee Treasury Department accumulated 39,100 shs. 118,643 are held by First Quadrant LP Ca. Vantage Ltd Liability holds 0% of its capital in Regal Beloit Corporation (NYSE:RBC) for 1 shs. Wellington Mngmt Grp Inc Llp holds 0% or 119,115 shs in its capital.

In Regal Beloit Corp (RBC) was increased the stake owned by Dean Investment Associates Llc. The reduction is 136.59% according to 2017Q4 Securities and Exchange form. The company’s stock declined 9.87% with the market as Dean Investment Associates Llc bought 59,512 shares. The metal fabrications company at the end of 2017Q4 was valued at $7.90M. It’s up from 43,570 at the end of the previous reported quarter. Now it had 103,082 shares held by the institutional investor . $3.26B is the MC of Regal Beloit Corp. Its shares touched $74.1 on during the last trading session after 2.63% change.Regal Beloit Corporation has volume of 265,738 shares. Since April 17, 2017 RBC has declined 3.59% and is downtrending. RBC underperformed the S&P500 by 15.14%.

Dean Investment Associates Llc manages about $548.42 million and $654.94M US Long portfolio. Its stake in Kaman Corp (NYSE:KAMN) was reduced by 54,462 shares to 51,768 shares valued at $3.05M in 2017Q4, according to the filing. For a total of 176,695 shares it reduced its holding in Knoll Inc (NYSE:KNL) by 149,050 shares in the quarter, and has cut its stake in Houlihan Lokey Inc.

Regal Beloit Corporation (NYSE:RBC) Ratings Coverage

In total 6 analysts cover Regal Beloit (NYSE:RBC). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. 50% are bullish. With $9000 highest and $7600 lowest [Target] Regal Beloit has $84.80 average [Target] or 14.44% above the current ($74.1) price. 8 are the (NYSE:RBC)’s analyst reports since November 7, 2017 according to StockzIntelligence Inc. On Wednesday, February 7 the rating was maintained by Stifel Nicolaus with “Hold”. On Tuesday, November 7 the rating was maintained by BMO Capital Markets with “Market Perform”. On Thursday, March 29 the company was maintained by Robert W. Baird. On Wednesday, February 7 the stock of Regal Beloit Corporation (NYSE:RBC) earned “Buy” rating by Seaport Global. On Thursday, January 25 the stock of Regal Beloit Corporation (NYSE:RBC) earned “Hold” rating by BMO Capital Markets. In Tuesday, March 27 report Oppenheimer maintained it with “Buy” rating and $9000 target. On Tuesday, April 3 the rating was maintained by Stifel Nicolaus with “Hold”.

Regal Beloit Corporation (NYSE:RBC) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.