Old Mutual Global Investors Uk LTD Holds Holding in Torchmark (TMK); Methode Electrs (MEI) Shareholder Crawford Investment Counsel Lowered Position

Methode Electronics, Inc. (NYSE:MEI) Logo

Crawford Investment Counsel Inc decreased its stake in Methode Electrs Inc (MEI) by 11.77% based on its latest 2018Q3 regulatory filing with the SEC. Crawford Investment Counsel Inc sold 10,270 shares as the company’s stock declined 39.16% with the market. The institutional investor held 77,015 shares of the capital goods company at the end of 2018Q3, valued at $2.79 million, down from 87,285 at the end of the previous reported quarter. Crawford Investment Counsel Inc who had been investing in Methode Electrs Inc for a number of months, seems to be less bullish one the $931.15M market cap company. The stock increased 0.98% or $0.24 during the last trading session, reaching $25.17. About 153,384 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 42.54% since January 10, 2018 and is downtrending. It has underperformed by 42.54% the S&P500. Some Historical MEI News: 22/03/2018 – SHOUGANG CONCORD GRAND NAMES CHAN SO MEI AS COMPANY SECRETARY; 12/03/2018 – Methode Electronics CFO John Hrudicka Resigns; 23/04/2018 – DJ Methode Electronics Inc, Inst Holders, 1Q 2018 (MEI); 03/05/2018 – Methode Electronics Closes Below 50-Day Average: Technicals; 29/03/2018 – Report: Exploring Fundamental Drivers Behind Anavex Life Sciences, Methode Electronics, Wesco Aircraft, Monotype Imaging, Tejon; 03/04/2018 – PCI LTD PCIL.Sl – LIEW MEI HONG APPOINTED CFO; 22/05/2018 – Methode Electronics Presenting at Conference Tomorrow; 12/03/2018 – METHODE SAYS RONALD TSOUMAS TO SUCCEED JOHN HRUDICKA AS CFO; 24/05/2018 – JSE: MEI – CHIEF EXECUTIVE OFFICER TO CONTINUE AS A NON-EXECUTIVE DIRECTOR; 15/05/2018 – Methode Electronics Presenting at Conference May 23

Old Mutual Global Investors Uk Ltd increased its stake in Torchmark Corp (TMK) by 148.26% based on its latest 2018Q3 regulatory filing with the SEC. Old Mutual Global Investors Uk Ltd bought 382,677 shares as the company’s stock declined 6.56% with the market. The institutional investor held 640,781 shares of the life insurance company at the end of 2018Q3, valued at $55.55 million, up from 258,104 at the end of the previous reported quarter. Old Mutual Global Investors Uk Ltd who had been investing in Torchmark Corp for a number of months, seems to be bullish on the $8.91B market cap company. The stock increased 0.20% or $0.16 during the last trading session, reaching $79.87. About 201,605 shares traded. Torchmark Corporation (NYSE:TMK) has declined 11.49% since January 10, 2018 and is downtrending. It has underperformed by 11.49% the S&P500. Some Historical TMK News: 06/04/2018 Torchmark Closes Below 200-Day Moving Average: Technicals; 18/04/2018 – Torchmark 1Q Net $173.6M; 18/04/2018 – TORCHMARK SEES FY OPER EPS $5.93 TO $6.07, EST. $6.03; 19/04/2018 – Torchmark Corporation Company Announces 2018 Annual Meeting Of Shareholders; 11/05/2018 – Torchmark Corporation Declares Dividend; 16/04/2018 – Torchmark Corp expected to post earnings of $1.45 a share – Earnings Preview; 18/04/2018 – TORCHMARK 1Q OPER EPS $1.47, EST. $1.45; 18/04/2018 – TORCHMARK CORP TMK.N SEES FY 2018 OPER SHR $5.93 TO $6.07; 19/04/2018 – TORCHMARK CORP TMK.N : UBS RAISES TARGET PRICE TO $84 FROM $83; 18/04/2018 – Torchmark 1Q Operating EPS $1.47

Among 13 analysts covering Torchmark Corporation (NYSE:TMK), 2 have Buy rating, 5 Sell and 6 Hold. Therefore 15% are positive. Torchmark Corporation had 42 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Tuesday, November 13 by Morgan Stanley. Keefe Bruyette & Woods maintained Torchmark Corporation (NYSE:TMK) rating on Friday, November 10. Keefe Bruyette & Woods has “Hold” rating and $83.0 target. The rating was maintained by Keefe Bruyette & Woods on Friday, October 6 with “Hold”. The stock of Torchmark Corporation (NYSE:TMK) has “Market Perform” rating given on Monday, August 3 by FBR Capital. As per Wednesday, August 19, the company rating was upgraded by Zacks. JP Morgan upgraded the shares of TMK in report on Wednesday, January 2 to “Overweight” rating. Keefe Bruyette & Woods maintained Torchmark Corporation (NYSE:TMK) on Wednesday, April 11 with “Hold” rating. The firm earned “Hold” rating on Monday, May 29 by Wood. As per Tuesday, November 17, the company rating was initiated by Goldman Sachs. The stock of Torchmark Corporation (NYSE:TMK) has “Neutral” rating given on Wednesday, June 29 by Bank of America.

More notable recent Torchmark Corporation (NYSE:TMK) news were published by: Seekingalpha.com which released: “Torchmark’s (TMK) CEO Gary Coleman on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” on April 19, 2018, also Seekingalpha.com with their article: “Torchmark: Aggressive Distribution To Shareholders – Seeking Alpha” published on December 20, 2012, Zacks.com published: “Telecom Stock Roundup: Ericsson Partners Hi3G, Verizon’s 5G Plans on Track & More – Zacks.com” on August 23, 2018. More interesting news about Torchmark Corporation (NYSE:TMK) were released by: Seekingalpha.com and their article: “Torchmark Corporation (TMK) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on October 25, 2018 as well as Zacks.com‘s news article titled: “Will High Operating Expenses Mar FedEx’s (FDX) Q1 Earnings? – Zacks.com” with publication date: September 13, 2018.

Investors sentiment decreased to 0.89 in 2018 Q3. Its down 0.01, from 0.9 in 2018Q2. It dived, as 29 investors sold TMK shares while 137 reduced holdings. 51 funds opened positions while 97 raised stakes. 80.06 million shares or 0.57% less from 80.52 million shares in 2018Q2 were reported. San Francisco Sentry Inv Gp (Ca) accumulated 175 shares or 0.01% of the stock. Gradient Invs Limited Liability Company accumulated 11 shares or 0% of the stock. 10,075 were reported by Kbc Grp Nv. Hayek Kallen Mgmt holds 0.52% in Torchmark Corporation (NYSE:TMK) or 8,975 shares. 9,383 are held by New Mexico Educational Retirement Board. Pictet Asset Mngmt stated it has 0.02% in Torchmark Corporation (NYSE:TMK). Sandy Spring Bancshares reported 0% stake. Merian Investors (Uk) Limited holds 0.38% or 640,781 shares in its portfolio. Numerixs Invest reported 0.03% stake. Channing Capital Mgmt Limited Liability Company owns 5,921 shares. Hsbc Holdings Pcl owns 0.02% invested in Torchmark Corporation (NYSE:TMK) for 128,479 shares. Daiwa Securities Gp has invested 0.04% in Torchmark Corporation (NYSE:TMK). Stephens Ar has 0.05% invested in Torchmark Corporation (NYSE:TMK). Victory Cap Inc reported 0.07% of its portfolio in Torchmark Corporation (NYSE:TMK). Shell Asset holds 0.01% in Torchmark Corporation (NYSE:TMK) or 7,157 shares.

Old Mutual Global Investors Uk Ltd, which manages about $14.65 billion US Long portfolio, decreased its stake in Aspen Technology Inc (NASDAQ:AZPN) by 21,486 shares to 732,382 shares, valued at $83.43M in 2018Q3, according to the filing. It also reduced its holding in Pjt Partners Inc by 59,173 shares in the quarter, leaving it with 61,198 shares, and cut its stake in Centurylink Inc (NYSE:CTL).

Since July 27, 2018, it had 0 buys, and 14 selling transactions for $34.78 million activity. INGRAM ROBERT W had sold 293 shares worth $26,021. The insider MCCOY CAROL A sold 18,000 shares worth $1.60 million. On Friday, July 27 the insider Rogers John Henry JR sold $76,626. On Monday, August 27 HUTCHISON LARRY M sold $2.17 million worth of Torchmark Corporation (NYSE:TMK) or 24,500 shares. Darden James Matthew sold $1.12M worth of stock or 12,550 shares. 400 shares were sold by ZUCCONI PAUL J, worth $35,641 on Wednesday, September 5.

Analysts await Methode Electronics, Inc. (NYSE:MEI) to report earnings on March, 7. They expect $0.60 earnings per share, down 31.03% or $0.27 from last year’s $0.87 per share. MEI’s profit will be $22.20M for 10.49 P/E if the $0.60 EPS becomes a reality. After $0.75 actual earnings per share reported by Methode Electronics, Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

More notable recent Methode Electronics, Inc. (NYSE:MEI) news were published by: Seekingalpha.com which released: “Methode Electronics To Acquire Grakon For Vehicle Lighting Tech – Seeking Alpha” on August 22, 2018, also Streetinsider.com with their article: “Methode Electronics (MEI) Tops Q2 EPS by 5c – StreetInsider.com” published on December 06, 2018, Globenewswire.com published: “Methode Acquires Grakon NYSE:MEI – GlobeNewswire” on September 12, 2018. More interesting news about Methode Electronics, Inc. (NYSE:MEI) were released by: Businesswire.com and their article: “Methode Electronics, MaxLinear and LEA Networks Launch Reverse-Powered G.hn micro-DPU for FTTdp Applications – Business Wire” published on June 20, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For December 4, 2018 – Benzinga” with publication date: December 04, 2018.

Torchmark Corporation (NYSE:TMK) Institutional Positions Chart