ibusinesslines.com July 22, 2017

Pacer Advisors Inc. Has $1.26 Million Position in NextEra Energy, Inc. (NEE)

17 July 2017, 08:48 | Kelvin Horton

Baystate Wealth Management LLC now owns 1,333 shares of the utilities provider's stock worth $174,000 after buying an additional 441 shares in the last quarter. General Mtrs Co now has $55.50B valuation. The stock increased 0.96% or $0.63 on July 14, reaching $66.24. Bailard Inc owns 2,414 shares. General Motors Company (NYSE:GM) has risen 7.92% since July 14, 2016 and is uptrending. It has outperformed by 4.02% the S&P500. About shares traded. Nextera Energy Partners LP (NYSE:NEP) has risen 18.85% since July 17, 2016 and is uptrending.

Buckingham Capital Management Inc. increased its position in shares of NextEra Energy, Inc. The Greenlight Capital Inc holds 13.17 million shares with $458.77M value, down from 17.00 million last quarter. Buckingham Capital Management Inc.'s holdings in NextEra Energy were worth $1,883,000 at the end of the most recent quarter. Blue Chip Partners has an ownership of 13,793 stocks of the utilities provider's shares valued at $1,771,000 after scooping up an extra 2,500 stocks in the previous period. About 7.32 million shares traded. NextEra Energy Partners, LP Com declared a dividend paid on Monday May 15th, 2017. It has underperformed by 0.76% the S&P500. Its up 0.11, from 0.85 in 2016Q3. It dropped, as 73 investors sold GM shares while 302 reduced holdings. 128 funds opened positions while 459 raised stakes. Vanguard Gru Incorporated reported 227,930 shares. Southport Mngmt Limited Liability Com, Wyoming-based fund reported 15,000 shares. Ahl Partners Llp owns 19,771 shares. Northwestern Mutual Wealth invested in 102,272 shares. Greenwood Gearhart Inc accumulated 169,511 shares. Finemark Comml Bank Trust stated it has 59,699 shares or 0.57% of all its holdings. Metropolitan Life Ins Comm New York has 566,983 shares. First National Tru owns 31,507 shares. The utilities provider reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.24. The utilities provider posted $1.75 EPS (EPS) for the period, topping analysts' average forecasts of $1.51 by $0.24. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Therefore 72% are positive.

A number of other research firms have also commented on NEP. Royal Bank Of Canada reiterated an "outperform" recommendation and fixed a $147.00 price target (up prior from $144.00) on stocks of NextEra Energy in a study report on Sunday, Jul 9th. Also, the current price highlights a discount of 14.88% to analysts' high consensus price target. Robert W. Baird upgraded the stock to "Outperform" rating in Friday, January 29 report. The company was maintained on Wednesday, June 28 by Morgan Stanley. The rating was maintained by Jefferies with "Buy" on Tuesday, June 6. The firm earned "Neutral" rating on Monday, April 18 by Citigroup. After having $1.75 EPS previously, NextEra Energy Inc's analysts see -0.57% EPS growth. Finally, UBS AG reaffirmed a "buy" rating and set a $143.00 price objective (up from $138.00) on shares of NextEra Energy in a research report on Tuesday, April 18th. Therefore 89% are positive. Nextera Energy Partners had 25 analyst reports since July 27, 2015 according to SRatingsIntel. San Francisco Sentry Investment Group CA's holdings in NextEra Energy were worth $1,534,000 as of its most recent filing with the SEC. BMO Capital Markets has "Buy" rating and $14400 target. The company was maintained on Monday, October 5 by Deutsche Bank. The firm earned "Outperform" rating on Friday, November 18 by Credit Suisse. The company has market cap of $65.83 billion. The company was maintained on Thursday, July 6 by RBC Capital Markets. Zacks has "Hold" rating and $114 target. Barclays Capital maintained General Motors Company (NYSE:GM) on Monday, September 21 with "Hold" rating. (NYSE:WM), its shares were trading at $73.99 a retreat of $-0.18, on the trading floor. OLNCF's profit would be $728,099 giving it 5.07 P/E if the $0.07 EPS is correct. Elkfork Partners LLC purchased a new stake in NextEra Energy Partners, during the fourth quarter valued at about $316,000.

Since February 2, 2017, it had 1 buy, and 7 selling transactions for $16.66 million activity. Over the last ninety days, insiders sold 74,179 shares of company stock worth $10,091,188. Finally, Tyers Asset Management LLC purchased a new stake in NextEra Energy Partners, during the fourth quarter valued at about $230,000. On Friday, February 24 the insider SWANSON WILLIAM H bought $497,415. YEAGER WILLIAM L had sold 5,793 shares worth $761,197 on Thursday, March 16.

Investors sentiment increased to 0.96 in Q4 2016. Its down 0.06, from 1.14 in 2016Q3. North Amer Mgmt has invested 0.06% of its portfolio in NextEra Energy Inc (NYSE:NEE). Moors & Cabot Inc invested 0.21% in NextEra Energy Inc (NYSE:NEE). Gamble Jones Inv Counsel holds 0.03% or 2,590 shares in its portfolio. Following the transaction, the director now owns 26,884 shares in the company, valued at approximately $3,779,352.72. Raymond James Fincl Inc has invested 0.05% of its portfolio in General Motors Company (NYSE:GM). "(NYSE:NEE)" was reported by Community Financial News and is the property of of Community Financial News. Intrust Commercial Bank Na reported 9,212 shares. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP, owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets.

San Francisco Sentry Investment Group CA decreased its position in NextEra Energy, Inc. The fund owned 9,775 shares of the utilities provider's stock after buying an additional 657 shares during the period. Broadcom Corp New was raised too.

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