Rare Infrastructure LTD Lowered Nextera Energy Partners LP (NEP) Stake by $8.47 Million as Market Value Rose; Bridgecreek Investment Management Lowered Its Position in Apple (AAPL) by $927,850 as Market Valuation Rose

January 14, 2018 - By Dolores Ford

Rare Infrastructure Ltd decreased its stake in Nextera Energy Partners Lp (NEP) by 43.86% based on its latest 2017Q3 regulatory filing with the SEC. Rare Infrastructure Ltd sold 211,830 shares as the company’s stock rose 9.13% with the market. The institutional investor held 271,190 shares of the public utilities company at the end of 2017Q3, valued at $10.93M, down from 483,020 at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in Nextera Energy Partners Lp for a number of months, seems to be less bullish one the $2.19B market cap company. The stock increased 0.32% or $0.13 during the last trading session, reaching $40.31. About 347,368 shares traded or 27.35% up from the average. NextEra Energy Partners, LP (NYSE:NEP) has risen 18.85% since January 14, 2017 and is uptrending. It has outperformed by 2.15% the S&P500.

Bridgecreek Investment Management Llc decreased its stake in Apple Inc (AAPL) by 6.39% based on its latest 2017Q3 regulatory filing with the SEC. Bridgecreek Investment Management Llc sold 6,025 shares as the company’s stock rose 12.78% with the market. The institutional investor held 88,284 shares of the computer manufacturing company at the end of 2017Q3, valued at $13.61M, down from 94,309 at the end of the previous reported quarter. Bridgecreek Investment Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $900.87B market cap company. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Markston Int accumulated 370,683 shares or 5.86% of the stock. Indiana-based Old Bankshares In has invested 1.75% in Apple Inc. (NASDAQ:AAPL). Brandywine Glob Investment Management Limited has 2.7% invested in Apple Inc. (NASDAQ:AAPL) for 2.77M shares. Alley Co Limited Liability invested 2.2% in Apple Inc. (NASDAQ:AAPL). Everence Capital holds 3.74% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 106,337 shares. 96,755 were accumulated by Webster Commercial Bank N A. Harvey Inv Communication Ltd Liability Corporation holds 0.07% in Apple Inc. (NASDAQ:AAPL) or 2,377 shares. State Street Corporation owns 206.45 million shares or 2.75% of their US portfolio. Croft has invested 2% in Apple Inc. (NASDAQ:AAPL). L S Advsrs holds 79,180 shares or 2.04% of its portfolio. Private Ocean Llc holds 2,513 shares or 0.24% of its portfolio. Nippon Life Insur has invested 0.48% of its portfolio in Apple Inc. (NASDAQ:AAPL). Tanaka Cap holds 7.88% or 22,925 shares. Lumina Fund Management Limited Liability holds 196,100 shares. Gilder Gagnon Howe And Company Ltd Limited Liability Company invested in 26,634 shares.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, February 1 by RBC Capital Markets. UBS maintained the stock with “Buy” rating in Friday, January 5 report. The rating was initiated by Barclays Capital with “Overweight” on Wednesday, October 14. The stock has “Outperform” rating by RBC Capital Markets on Thursday, December 17. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Monday, August 24 by FBR Capital. The company was maintained on Wednesday, July 27 by RBC Capital Markets. Maxim Group maintained it with “Buy” rating and $162 target in Wednesday, January 27 report. On Friday, November 3 the stock rating was maintained by Barclays Capital with “Hold”. The stock of Apple Inc. (NASDAQ:AAPL) earned “Overweight” rating by Morgan Stanley on Tuesday, February 21. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Monday, July 10 by KeyBanc Capital Markets.

Since August 7, 2017, it had 0 insider purchases, and 12 selling transactions for $93.68 million activity. Shares for $1.01 million were sold by KONDO CHRIS on Tuesday, August 15. 63,388 shares were sold by AHRENDTS ANGELA J, worth $9.78M. 56,808 shares were sold by SCHILLER PHILIP W, worth $8.79M. 5,892 shares were sold by Srouji Johny, worth $948,612. LEVINSON ARTHUR D sold $5.52 million worth of stock. FEDERIGHI CRAIG sold $9.98M worth of stock.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 earnings per share, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08 billion for 11.81 P/E if the $3.75 EPS becomes a reality. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

Bridgecreek Investment Management Llc, which manages about $625.00 million and $368.14 million US Long portfolio, upped its stake in Great Plains Energy Inc (NYSE:GXP) by 18,065 shares to 128,140 shares, valued at $3.88M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr Msci Emerg Mkt (EEM) by 41,475 shares in the quarter, for a total of 71,825 shares, and has risen its stake in Valeant Pharmaceuticals Intl I (NYSE:VRX).

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.34, from 1.26 in 2017Q2. It fall, as 15 investors sold NEP shares while 44 reduced holdings. 18 funds opened positions while 36 raised stakes. 44.14 million shares or 17.54% less from 53.53 million shares in 2017Q2 were reported. Tortoise Lc holds 43,205 shares or 0.01% of its portfolio. Morgan Stanley accumulated 665,326 shares. National Bank Of Ny Mellon Corp has 0.01% invested in NextEra Energy Partners, LP (NYSE:NEP). 2.78M were accumulated by Blackrock. Stratos Wealth Prtnrs Limited owns 5,050 shares. Cubist Systematic Strategies Limited Liability Co has invested 0.01% in NextEra Energy Partners, LP (NYSE:NEP). Millennium Ltd holds 0.01% or 142,900 shares. Fifth Third Bancshares holds 0% in NextEra Energy Partners, LP (NYSE:NEP) or 2,000 shares. Salient Limited holds 0.78% or 877,234 shares. Gilman Hill Asset Management Limited holds 6,750 shares or 0.11% of its portfolio. Moreover, Linden Advsr LP has 0.28% invested in NextEra Energy Partners, LP (NYSE:NEP) for 198,600 shares. Price T Rowe Md reported 1.89M shares. 7.89 million are held by Neuberger Berman Group Ltd Liability. 8,596 are owned by Schroder Mgmt. Moreover, Tph Asset Mngmt Lc has 0.19% invested in NextEra Energy Partners, LP (NYSE:NEP) for 42,971 shares.

Analysts await NextEra Energy Partners, LP (NYSE:NEP) to report earnings on January, 26. They expect $0.27 EPS, down 70.33% or $0.64 from last year’s $0.91 per share. NEP’s profit will be $14.65M for 37.32 P/E if the $0.27 EPS becomes a reality. After $0.01 actual EPS reported by NextEra Energy Partners, LP for the previous quarter, Wall Street now forecasts 2,600.00% EPS growth.

Among 21 analysts covering Nextera Energy Partners (NYSE:NEP), 15 have Buy rating, 1 Sell and 5 Hold. Therefore 71% are positive. Nextera Energy Partners had 37 analyst reports since July 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $39.0 target in Sunday, September 3 report. On Monday, October 17 the stock rating was upgraded by UBS to “Buy”. On Monday, October 19 the stock rating was upgraded by Goldman Sachs to “Buy”. JP Morgan maintained the shares of NEP in report on Thursday, October 12 with “Neutral” rating. Macquarie Research downgraded the shares of NEP in report on Friday, March 24 to “Neutral” rating. The firm earned “Hold” rating on Tuesday, September 1 by Deutsche Bank. The stock of NextEra Energy Partners, LP (NYSE:NEP) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, April 5. As per Sunday, November 5, the company rating was maintained by RBC Capital Markets. Avondale upgraded NextEra Energy Partners, LP (NYSE:NEP) on Tuesday, November 1 to “Mkt Outperform” rating. The company was initiated on Friday, February 17 by Raymond James.

Rare Infrastructure Ltd, which manages about $1.37 billion US Long portfolio, upped its stake in Southern Co (NYSE:SO) by 9,220 shares to 10,979 shares, valued at $540,000 in 2017Q3, according to the filing. It also increased its holding in Union Pac Corp (NYSE:UNP) by 11,445 shares in the quarter, for a total of 300,281 shares, and has risen its stake in Duke Energy Corp New (NYSE:DUK).

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