Tower Research Capital Trc Has Raised Its Eaton Plc (ETN) Stake; Eaton Vance Senior Floating Rate Trust (EFR) Sentiment Is 0.85

July 17, 2017 - By Winifred Garcia

Eaton Vance Senior Floating-Rate Trust is a diversified, closed-end management investment company. The company has market cap of $553.46 million. The Trust’s primary investment objective is to provide a high level of current income. It currently has negative earnings. The Trust may, as a secondary objective, also seek preservation of capital to the extent consistent with its primary objective.

Tower Research Capital Llc Trc increased Eaton Corp Plc (ETN) stake by 306.66% reported in 2016Q4 SEC filing. Tower Research Capital Llc Trc acquired 9,482 shares as Eaton Corp Plc (ETN)’s stock rose 8.91%. The Tower Research Capital Llc Trc holds 12,574 shares with $843,000 value, up from 3,092 last quarter. Eaton Corp Plc now has $36.06B valuation. It closed at $80.61 lastly. It is down 31.02% since July 17, 2016 and is uptrending. It has outperformed by 14.32% the S&P500.

Tower Research Capital Llc Trc decreased Cae Inc (NYSE:CAE) stake by 21,975 shares to 700 valued at $13,000 in 2016Q4. It also reduced Credicorp Ltd (NYSE:BAP) stake by 2,496 shares and now owns 564 shares. Ishares Tr (IYF) was reduced too.

Investors sentiment increased to 1.17 in Q4 2016. Its up 0.10, from 1.07 in 2016Q3. It increased, as 55 investors sold ETN shares while 253 reduced holdings. 86 funds opened positions while 273 raised stakes. 328.69 million shares or 4.34% more from 315.03 million shares in 2016Q3 were reported. Rhumbline Advisers reported 0.13% stake. Churchill Management Corp holds 0.58% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 260,300 shares. Fmr Ltd stated it has 8.39 million shares or 0.08% of all its holdings. Mutual Federation Of Agricultural Cooperatives owns 20,500 shares or 0.03% of their US portfolio. Ironwood Mgmt Ltd Com invested 0.21% in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Cadence Capital Management Limited Liability Com stated it has 0.34% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Apg Asset Mngmt Nv has invested 0.13% in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Kanaly Co holds 0.02% or 1,384 shares. Allen Management Ltd Llc holds 0.01% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 3,128 shares. Capital Mgmt Va reported 0.07% in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN). Stifel owns 0.16% invested in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 555,618 shares. Riverhead Capital Management Ltd Limited Liability Company reported 30,181 shares or 0.12% of all its holdings. Meritage Port Mngmt owns 58,750 shares for 0.43% of their portfolio. Arizona State Retirement Systems has 149,338 shares for 0.15% of their portfolio. Legal & General Grp Plc stated it has 2.21M shares.

Among 26 analysts covering Eaton Corporation (NYSE:ETN), 7 have Buy rating, 2 Sell and 17 Hold. Therefore 27% are positive. Eaton Corporation had 56 analyst reports since July 31, 2015 according to SRatingsIntel. JP Morgan upgraded Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) on Friday, December 9 to “Overweight” rating. The firm has “Hold” rating by Stifel Nicolaus given on Friday, July 7. As per Tuesday, October 20, the company rating was maintained by RBC Capital Markets. On Monday, April 4 the stock rating was downgraded by Longbow to “Neutral”. The stock of Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) earned “Neutral” rating by William Blair on Thursday, October 15. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, July 30. The stock has “Market Perform” rating by Bernstein on Monday, May 2. Robert W. Baird downgraded it to “Neutral” rating and $59.0 target in Thursday, October 15 report. The rating was initiated by HSBC with “Buy” on Friday, October 7. The firm has “Buy” rating given on Tuesday, April 4 by Longbow.

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