Edgestream Partners LP Cut Its Stake in Nextera Energy (NEE) by $4.54 Million as Market Value Rose; Hg Vora Capital Management Upped Its Zayo Group Hldgs (ZAYO) Position by $36.00 Million as Valuation Declined

May 26, 2018 - By whatsonthorold

Zayo Group Holdings, Inc. (NYSE:ZAYO) Logo

Edgestream Partners Lp decreased its stake in Nextera Energy Inc (NEE) by 78.52% based on its latest 2017Q4 regulatory filing with the SEC. Edgestream Partners Lp sold 29,107 shares as the company’s stock rose 5.21% while stock markets declined. The hedge fund held 7,961 shares of the public utilities company at the end of 2017Q4, valued at $1.24 million, down from 37,068 at the end of the previous reported quarter. Edgestream Partners Lp who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $76.57B market cap company. The stock increased 0.76% or $1.22 during the last trading session, reaching $162.42. About 1.62M shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since May 26, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

Parag Vora increased its stake in Zayo Group Hldgs Inc (ZAYO) by 80% based on its latest 2017Q4 regulatory filing with the SEC. Hg Vora Capital Management Llc bought 1.00 million shares as the company’s stock declined 6.81% with the market. The hedge fund run by Parag Vora held 2.25M shares of the public utilities company at the end of 2017Q4, valued at $82.80 million, up from 1.25M at the end of the previous reported quarter. Hg Vora Capital Management Llc who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be bullish on the $8.66B market cap company. The stock increased 1.07% or $0.37 during the last trading session, reaching $34.83. About 3.31M shares traded or 29.72% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since May 26, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

Among 22 analysts covering Zayo Group Holdings (NYSE:ZAYO), 17 have Buy rating, 1 Sell and 4 Hold. Therefore 77% are positive. Zayo Group Holdings had 47 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Goldman Sachs with “Buy” on Monday, October 31. Moffett Nathanson downgraded the stock to “Neutral” rating in Wednesday, August 5 report. The company was initiated on Tuesday, December 13 by SunTrust. The firm earned “Buy” rating on Friday, January 13 by Stifel Nicolaus. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Buy” rating given on Wednesday, April 18 by Deutsche Bank. Oppenheimer maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Tuesday, August 30 with “Outperform” rating. The company was maintained on Monday, September 21 by Raymond James. Raymond James upgraded the stock to “Outperform” rating in Friday, April 13 report. The company was maintained on Tuesday, August 22 by Stifel Nicolaus. As per Wednesday, May 10, the company rating was downgraded by Raymond James.

Since December 29, 2017, it had 0 buys, and 23 sales for $221.35 million activity. Crouch Andrew sold $706,067 worth of stock. On Thursday, January 11 Caruso Daniel sold $458,750 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) or 12,500 shares. Steinfort Matt had sold 1,891 shares worth $68,749 on Tuesday, January 2. GTCR FUND X/A LP sold $173.21M worth of stock or 4.68 million shares. 10,711 shares valued at $387,096 were sold by Waters John F Jr. on Wednesday, January 3. On Saturday, March 31 Connor Richard W. sold $35,258 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) or 1,037 shares.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.12, from 1.2 in 2017Q3. It improved, as 29 investors sold ZAYO shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. Gsa Cap Prtnrs Ltd Liability Partnership holds 21,405 shares. 12,200 were accumulated by Prudential Financial. M&T Bancorporation Corporation stated it has 0% in Zayo Group Holdings, Inc. (NYSE:ZAYO). 98,401 are owned by Susquehanna Grp Inc Ltd Liability Partnership. Gabelli Funds Ltd reported 40,400 shares. Ls Investment Advsr Ltd Liability Corporation has invested 0.01% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Lord Abbett & Limited Liability Company holds 0.19% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 1.79 million shares. Macquarie Gru Ltd holds 75,825 shares. Glob Endowment Mgmt Ltd Partnership has invested 0.04% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Canada Pension Plan Inv Board accumulated 2.49M shares. British Columbia Management accumulated 108,668 shares or 0.03% of the stock. Aqr Mgmt Ltd Limited Liability Company has invested 0% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Thornburg Inv Management Inc invested in 2.72 million shares. 285 are owned by Advisory Net Ltd Limited Liability Company. Amalgamated Comml Bank invested in 0.04% or 37,202 shares.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Seekingalpha.com which released: “Zayo Group COO resigns; REIT conversion idea advances” on May 03, 2018, also Benzinga.com with their article: “Earnings Preview For Zayo Group Holdings” published on May 03, 2018, Benzinga.com published: “4 Reasons Why BofA Is Bullish On Zayo Group” on May 18, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Seekingalpha.com and their article: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “Zayo completes new fiber route in Europe” with publication date: May 24, 2018.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on July, 25. They expect $1.96 EPS, up 5.38% or $0.10 from last year’s $1.86 per share. NEE’s profit will be $924.02 million for 20.72 P/E if the $1.96 EPS becomes a reality. After $1.94 actual EPS reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 1.03% EPS growth.

More news for NextEra Energy, Inc. (NYSE:NEE) were recently published by: Seekingalpha.com, which released: “NextEra Energy: 5th Time Is The Charm” on May 24, 2018. Seekingalpha.com‘s article titled: “NextEra Energy’s (NEE) NextEra Energy to Acquire Gulf Power, Florida City Gas and Two Natural Gas Facilities from …” and published on May 22, 2018 is yet another important article.

Edgestream Partners Lp, which manages about $182.85M and $83.61 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 2,859 shares to 13,550 shares, valued at $3.62 million in 2017Q4, according to the filing. It also increased its holding in Mcdonalds Corp (NYSE:MCD) by 2,711 shares in the quarter, for a total of 10,954 shares, and has risen its stake in Time Warner Inc (NYSE:TWX).

Since February 6, 2018, it had 0 buys, and 9 sales for $25.16 million activity. 13,168 shares were sold by Nazar Manoochehr K, worth $2.08 million. Shares for $809,690 were sold by YEAGER WILLIAM L. $2.90 million worth of NextEra Energy, Inc. (NYSE:NEE) shares were sold by ROBO JAMES L. $1.79 million worth of stock was sold by Silagy Eric E on Monday, May 14. Another trade for 2,844 shares valued at $439,881 was made by Sieving Charles E on Thursday, February 15. On Tuesday, February 6 the insider Pimentel Armando Jr sold $1.40M.

Among 16 analysts covering Nextera Energy Inc. (NYSE:NEE), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Nextera Energy Inc. had 44 analyst reports since August 5, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Neutral” rating in Thursday, October 12 report. The company was maintained on Tuesday, February 13 by Morgan Stanley. On Wednesday, April 18 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. On Sunday, September 3 the stock rating was maintained by RBC Capital Markets with “Buy”. On Friday, January 26 the stock rating was maintained by Guggenheim with “Buy”. Morgan Stanley maintained it with “Overweight” rating and $173 target in Monday, November 13 report. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 31 report. The rating was maintained by Morgan Stanley on Wednesday, December 13 with “Overweight”. The company was maintained on Thursday, April 26 by JP Morgan. BMO Capital Markets maintained the shares of NEE in report on Monday, April 3 with “Buy” rating.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.09, from 0.95 in 2017Q3. It is positive, as 36 investors sold NEE shares while 405 reduced holdings. 112 funds opened positions while 347 raised stakes. 340.36 million shares or 1.17% less from 344.40 million shares in 2017Q3 were reported. Energ Income Prtnrs Ltd Liability Corporation invested in 2.18% or 812,925 shares. Barometer Capital Mgmt Inc reported 10,750 shares. Montgomery Invest Mngmt Inc invested in 0.99% or 15,610 shares. St Johns Inv Mgmt Communication Ltd, Florida-based fund reported 623 shares. Thomas J Herzfeld Advsr, a Florida-based fund reported 8,056 shares. Gamble Jones Investment Counsel reported 1,607 shares. 3,000 were reported by Private Wealth Limited Liability Corporation. Marco Invest Mgmt Ltd Liability accumulated 1,712 shares. Moreover, Victory Capital Mngmt Inc has 0.01% invested in NextEra Energy, Inc. (NYSE:NEE). Bangor Retail Bank has 0.09% invested in NextEra Energy, Inc. (NYSE:NEE). Pinnacle Advisory Group Inc holds 0.04% in NextEra Energy, Inc. (NYSE:NEE) or 3,989 shares. Laurel Grove Capital Lc has 4,450 shares for 0.36% of their portfolio. Archford Capital Strategies Ltd Liability Company holds 0.29% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 4,934 shares. Comerica Securities accumulated 1,712 shares. Westwood Management Corporation Il holds 0.07% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 3,000 shares.

NextEra Energy, Inc. (NYSE:NEE) Institutional Positions Chart

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

>