Lingohr & Partner Asset Management GmbH grew its position in shares of Regal Beloit Corp (NYSE:RBC) by 5.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,847 shares of the industrial products company’s stock after acquiring an additional 1,100 shares during the quarter. Lingohr & Partner Asset Management GmbH’s holdings in Regal Beloit were worth $1,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of RBC. Ameritas Investment Partners Inc. boosted its holdings in shares of Regal Beloit by 1.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,409 shares of the industrial products company’s stock worth $1,094,000 after buying an additional 206 shares during the last quarter. Aperio Group LLC boosted its stake in Regal Beloit by 4.8% in the third quarter. Aperio Group LLC now owns 14,965 shares of the industrial products company’s stock worth $1,182,000 after buying an additional 684 shares in the last quarter. American Century Companies Inc. boosted its stake in Regal Beloit by 1.0% in the third quarter. American Century Companies Inc. now owns 72,201 shares of the industrial products company’s stock worth $5,704,000 after buying an additional 750 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in Regal Beloit by 2.2% in the second quarter. Mutual of America Capital Management LLC now owns 36,363 shares of the industrial products company’s stock worth $2,965,000 after buying an additional 786 shares in the last quarter. Finally, Alpha Windward LLC boosted its stake in shares of Regal Beloit by 16.6% during the fourth quarter. Alpha Windward LLC now owns 7,136 shares of the industrial products company’s stock valued at $547,000 after purchasing an additional 1,016 shares during the period. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on RBC shares. Royal Bank of Canada reiterated a “buy” rating and issued a $90.00 price objective on shares of Regal Beloit in a report on Tuesday, November 28th. ValuEngine upgraded Regal Beloit from a “hold” rating to a “buy” rating in a report on Tuesday, December 19th. Zacks Investment Research raised Regal Beloit from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Tuesday, January 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $88.00 price objective on shares of Regal Beloit in a research report on Wednesday, October 4th. Finally, BMO Capital Markets dropped their price objective on Regal Beloit from $88.00 to $85.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. Regal Beloit presently has a consensus rating of “Hold” and a consensus price target of $86.56.

Shares of Regal Beloit Corp (RBC) traded down $0.75 on Friday, reaching $78.00. The company had a trading volume of 226,000 shares, compared to its average volume of 272,108. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.22 and a quick ratio of 1.22. Regal Beloit Corp has a 52 week low of $70.25 and a 52 week high of $87.50. The company has a market cap of $3,460.00, a P/E ratio of 16.96, a PEG ratio of 1.33 and a beta of 1.48.

Regal Beloit (NYSE:RBC) last released its quarterly earnings data on Monday, November 6th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.38 by ($0.01). Regal Beloit had a return on equity of 9.76% and a net margin of 6.28%. The firm had revenue of $857.00 million during the quarter, compared to the consensus estimate of $837.19 million. During the same period in the previous year, the firm earned $1.31 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. equities research analysts predict that Regal Beloit Corp will post 4.87 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Thursday, December 28th. Regal Beloit’s dividend payout ratio is currently 22.61%.

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About Regal Beloit

Regal Beloit Corporation is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. The Company operates through three segments: the Commercial and Industrial Systems segment, with its principal line of business in medium and large electric motors, power generation products, high-performance drives and controls and capacitors; the Climate Solutions segment, with its principal line of business in small motors, controls and air moving products, and the Power Transmission Solutions segment, with its principal line of business in power transmission gearing, hydraulic pump drives, open gearing and specialty mechanical products which control motion and torque.

Institutional Ownership by Quarter for Regal Beloit (NYSE:RBC)

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