Barrington Strategic Wealth Management Group Has Trimmed Holding in Nextera Energy (NEE) by $1.03 Million; Sun Life Financial Has Lifted Its Stake in Verizon Communications (VZ) by $362,845 as Stock Declined

January 14, 2018 - By Louis Casey

Barrington Strategic Wealth Management Group Llc decreased its stake in Nextera Energy Inc (NEE) by 28.78% based on its latest 2017Q3 regulatory filing with the SEC. Barrington Strategic Wealth Management Group Llc sold 7,027 shares as the company’s stock rose 8.22% with the market. The institutional investor held 17,392 shares of the public utilities company at the end of 2017Q3, valued at $2.55M, down from 24,419 at the end of the previous reported quarter. Barrington Strategic Wealth Management Group Llc who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $70.71 billion market cap company. The stock decreased 0.12% or $0.18 during the last trading session, reaching $150.32. About 1.60M shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since January 14, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Sun Life Financial Inc increased its stake in Verizon Communications Inc (VZ) by 21.35% based on its latest 2017Q3 regulatory filing with the SEC. Sun Life Financial Inc bought 7,405 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 42,086 shares of the telecommunications equipment company at the end of 2017Q3, valued at $2.08M, up from 34,681 at the end of the previous reported quarter. Sun Life Financial Inc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $211.56B market cap company. The stock decreased 0.48% or $0.25 during the last trading session, reaching $51.86. About 17.67M shares traded or 5.69% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 14, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on January, 26. They expect $1.33 earnings per share, up 9.92% or $0.12 from last year’s $1.21 per share. NEE’s profit will be $625.63M for 28.26 P/E if the $1.33 EPS becomes a reality. After $1.85 actual earnings per share reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts -28.11% negative EPS growth.

Among 15 analysts covering Nextera Energy Inc. (NYSE:NEE), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. Nextera Energy Inc. had 36 analyst reports since August 5, 2015 according to SRatingsIntel. As per Thursday, July 6, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 31. On Tuesday, November 17 the stock rating was initiated by Howard Weil with “Sector Outperform”. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, December 13 report. Barclays Capital maintained it with “Overweight” rating and $129 target in Friday, March 18 report. Argus Research maintained NextEra Energy, Inc. (NYSE:NEE) rating on Friday, August 7. Argus Research has “Buy” rating and $118 target. The firm earned “Buy” rating on Monday, July 24 by Goldman Sachs. Deutsche Bank maintained the shares of NEE in report on Monday, October 5 with “Buy” rating. Robert W. Baird upgraded the stock to “Outperform” rating in Friday, January 29 report. RBC Capital Markets maintained the shares of NEE in report on Sunday, October 8 with “Buy” rating.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.02, from 0.97 in 2017Q2. It turned negative, as 38 investors sold NEE shares while 396 reduced holdings. 89 funds opened positions while 323 raised stakes. 344.40 million shares or 7.22% less from 371.19 million shares in 2017Q2 were reported. King Luther Capital holds 0.01% or 10,880 shares. Cardinal Cap holds 300 shares. Koshinski Asset Mgmt Inc invested in 0.34% or 7,055 shares. Shelter Mutual Ins invested 0.84% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Cutler Counsel Ltd Co holds 0.22% or 6,300 shares in its portfolio. M&T Savings Bank holds 384,212 shares. Associated Banc reported 21,872 shares or 0.18% of all its holdings. Community Financial Services Grp Limited Com stated it has 0.12% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Benjamin F Edwards Company Inc stated it has 32,005 shares. 1,050 were accumulated by Monroe Bancshares And Tru Mi. Ls Advisors Limited Liability Com invested 0.2% in NextEra Energy, Inc. (NYSE:NEE). Johnson Financial Group stated it has 13,263 shares or 0.26% of all its holdings. Bremer Natl Association reported 0.19% in NextEra Energy, Inc. (NYSE:NEE). Lombard Odier Asset Management (Europe) Ltd has invested 0.04% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Company Of Virginia Va invested in 3,037 shares or 0.07% of the stock.

Since August 3, 2017, it had 0 buys, and 4 sales for $9.61 million activity. $4.47M worth of NextEra Energy, Inc. (NYSE:NEE) shares were sold by Sieving Charles E. KETCHUM JOHN W sold $435,000 worth of stock or 2,900 shares. The insider ROBO JAMES L sold 30,000 shares worth $4.41M.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 27% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, October 16 the stock rating was initiated by Nomura with “Neutral”. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by RBC Capital Markets on Friday, October 20. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) on Thursday, October 19 with “Hold” rating. The firm has “Buy” rating by Moffett Nathanson given on Tuesday, February 21. Moffet Nathanson downgraded Verizon Communications Inc. (NYSE:VZ) rating on Friday, April 1. Moffet Nathanson has “Neutral” rating and $55 target. HSBC initiated the stock with “Buy” rating in Thursday, January 19 report. The stock of Verizon Communications Inc. (NYSE:VZ) has “Mkt Perform” rating given on Wednesday, January 25 by FBR Capital. The firm has “Buy” rating given on Tuesday, August 11 by Vetr. The firm has “Buy” rating given on Tuesday, January 3 by Citigroup. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) on Wednesday, September 30 with “Outperform” rating.

Since August 28, 2017, it had 0 insider buys, and 3 selling transactions for $89,365 activity.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. Bouchey Gru Limited invested in 7,625 shares or 0.12% of the stock. Delta Capital Management Ltd Limited Liability Company holds 41,250 shares or 1.35% of its portfolio. First Interstate Retail Bank owns 0.22% invested in Verizon Communications Inc. (NYSE:VZ) for 20,582 shares. Palladium Ptnrs Ltd Liability Co holds 102,874 shares. Delta Asset Mgmt Ltd Com Tn accumulated 71,194 shares. Goelzer Investment Mngmt has 0.96% invested in Verizon Communications Inc. (NYSE:VZ). Kbc Group Inc Nv reported 0.33% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Chilton Cap Mngmt Ltd Liability Corp owns 30,897 shares or 0.15% of their US portfolio. Highstreet Asset Mgmt holds 0.74% or 156,434 shares. Tributary Capital Mgmt Limited Liability Company has invested 0.07% in Verizon Communications Inc. (NYSE:VZ). Schulhoff And has invested 1.08% in Verizon Communications Inc. (NYSE:VZ). Moreover, Shelton Capital Management has 0.58% invested in Verizon Communications Inc. (NYSE:VZ) for 152,177 shares. King Luther Capital Mngmt reported 246,896 shares or 0.11% of all its holdings. Farmers National Bank reported 61,726 shares or 1.85% of all its holdings. Bainco Int Invsts owns 108,576 shares for 0.64% of their portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>