During Q3 2018 the big money sentiment decreased to 1.07. That’s change of 0.01, from 2018Q2’s 1.08. 16 investors sold all, 60 reduced holdings as Rexnord Corporation ratio dropped. 54 grew stakes while 27 funds acquired stakes. Funds hold 100.69 million shares thus 2.42% less from 2018Q2’s 103.19 million shares.
Aperio Group Ltd Liability Company accumulated 0% or 11,768 shs. Employees Retirement System Of Texas holds 0.02% in Rexnord Corporation (NYSE:RXN) or 58,000 shs. Kbc Grp Inc Nv holds 0.16% or 696,503 shs in its capital. California Public Employees Retirement Sys has 254,306 shs. Chicago Equity Ltd Co has invested 0.04% in Rexnord Corporation (NYSE:RXN). Ameriprise owns 0.01% invested in Rexnord Corporation (NYSE:RXN) for 548,158 shs. First Advisors Lp has 391,074 shs. Chase Investment Counsel Corporation holds 21,725 shs or 0.34% of its capital. Aqr Cap Management Lc, a Connecticut-based fund reported 22,343 shs. Fifth Third Bank & Trust holds 0% of its capital in Rexnord Corporation (NYSE:RXN) for 217 shs. Bancorp Of America De holds 0.01% in Rexnord Corporation (NYSE:RXN) or 1.15M shs. Menta Capital Ltd Co stated it has 0.15% in Rexnord Corporation (NYSE:RXN). Indexiq Advsrs Ltd Com holds 0.01% or 14,129 shs. Gotham Asset Limited Liability Company accumulated 51,380 shs. Cubist Systematic Strategies Ltd stated it has 4,339 shs or 0.01% of all its holdings.

Rexnord Corporation registered $646,062 net activity with 2 insider purchases and 3 selling transactions since November 1, 2018. The insider Longren David C. bought 3,500 shs worth $92,750. On Thursday, November 1 CRANDALL THEODORE D also bought $111,376 worth of Rexnord Corporation (NYSE:RXN).

Rexnord Corporation (NYSE:RXN) Ratings Coverage

Total analysts of 3 have positions in Rexnord (NYSE:RXN) as follows: 1 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 33%. Since October 3, 2018 according to StockzIntelligence Inc Rexnord has 3 analyst reports. On Friday, November 23 the firm has “Neutral” rating by Credit Suisse given. On Wednesday, October 10 the rating was maintained by Oppenheimer with “Outperform”. Listed here are Rexnord Corporation (NYSE:RXN) PTs and latest ratings.

23/11/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral New Target: $31 Reinitiate
10/10/2018 Broker: Oppenheimer Old Rating: Outperform New Rating: Outperform Old Target: $35 New Target: $37 Maintain
03/10/2018 Broker: Goldman Sachs Rating: Neutral Initiates Coverage On

The stock increased 1.69% or $0.45 during the last trading session, hitting $27.12.Currently Rexnord Corporation is uptrending after 1.95% change in last March 3, 2018. RXN has 556,438 shares volume. RXN outperformed the S&P 500 by 1.95%.

Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide.The firm is valued at $2.84 billion. The firm operates in two divisions, Process & Motion Control Platform and Water Management Platform.Last it reported negative earnings. It offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chains, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, such as couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies.

More recent Rexnord Corporation (NYSE:RXN) news were announced by Seekingalpha.com, Seekingalpha.com and Seekingalpha.com. The first one has “Rexnord Q3 2019 Earnings Preview – Seeking Alpha” as a title and was announced on January 29, 2019. The next is “More on Rexnord’s Q3 results – Seeking Alpha” on January 31, 2019. And last was announced on October 31, 2018, called “Rexnord Corp. 2019 Q2 – Results – Earnings Call Slides – Seeking Alpha”.