Sunday, 31 December 2017

Washington Trust Company Raised Its Nextera Energy (NEE) Stake; Argent Trust Company Decreased Its Union Pacific (UNP) Stake as Share Value Declined

Deepak Gulati decreased its stake in Union Pacific Corp (UNP) by 38.96% based on its latest 2017Q3 regulatory filing with the SEC. Argent Trust Company sold 4,497 shares as the company’s stock declined 2.52% while stock markets rallied. The hedge fund run by Deepak Gulati held 7,047 shares of the railroads company at the end of 2017Q3, valued at $817,000, down from 11,544 at the end of the previous reported quarter. Argent Trust Company who had been investing in Union Pacific Corp for a number of months, seems to be less bullish one the $105.56B market cap company. The stock decreased 0.75% or $1.02 during the last trading session, reaching $134.1. About 2.33 million shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since December 31, 2016 and is uptrending. It has outperformed by 14.75% the S&P500.

Washington Trust Company increased its stake in Nextera Energy Inc (NEE) by 4.1% based on its latest 2017Q3 regulatory filing with the SEC. Washington Trust Company bought 2,953 shares as the company’s stock rose 8.22% with the market. The institutional investor held 74,923 shares of the public utilities company at the end of 2017Q3, valued at $10.98M, up from 71,970 at the end of the previous reported quarter. Washington Trust Company who had been investing in Nextera Energy Inc for a number of months, seems to be bullish on the $73.47 billion market cap company. The stock decreased 0.10% or $0.16 during the last trading session, reaching $156.19. About 1.19M shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since December 31, 2016 and is uptrending. It has underperformed by 0.76% the S&P500.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.02, from 0.97 in 2017Q2. It is 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. Regentatlantic Capital Ltd Com holds 3,473 shares or 0.04% of its portfolio. Cadence Financial Bank Na reported 0.19% stake. Aqr Capital Limited Liability Company stated it has 431,108 shares or 0.08% of all its holdings. 37 were accumulated by Tci Wealth Advsrs Inc. Cohen Steers Incorporated has invested 0.71% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Nelson Van Denburg And Campbell Wealth owns 872 shares for 0.04% of their portfolio. Barclays Pcl reported 980,309 shares. Washington owns 74,923 shares. Usa Fincl Portformulas Corporation holds 0.66% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 19,014 shares. Horan Capital Advisors Limited Liability Company, Ohio-based fund reported 915 shares. Rockefeller Fincl Services accumulated 5,212 shares. Evercore Wealth Management Limited Company has 14,691 shares. Atlantic Grp Limited Liability Company reported 0.43% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Perkins Coie Trust owns 352 shares. Horizon Investments Ltd Liability Corporation stated it has 0.03% of its portfolio in NextEra Energy, Inc. (NYSE:NEE).

Among 14 analysts covering Nextera Energy Inc. (NYSE:NEE), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Nextera Energy Inc. had 35 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Friday, March 18 by Barclays Capital. RBC Capital Markets maintained the shares of NEE in report on Thursday, July 6 with “Buy” rating. The firm earned “Neutral” rating on Thursday, October 12 by JP Morgan. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 31 report. The stock has “Overweight” rating by Morgan Stanley on Thursday, August 10. The firm has “Buy” rating given on Sunday, November 5 by RBC Capital Markets. The firm has “Buy” rating by BMO Capital Markets given on Monday, April 3. The firm earned “Overweight” rating on Wednesday, December 13 by Morgan Stanley. Goldman Sachs maintained the stock with “Buy” rating in Monday, July 24 report. M Partners maintained NextEra Energy, Inc. (NYSE:NEE) on Tuesday, August 11 with “Buy” rating.

Washington Trust Company, which manages about $1.68 billion US Long portfolio, decreased its stake in Dunkin Brands (NASDAQ:DNKN) by 80,641 shares to 14,016 shares, valued at $744,000 in 2017Q3, according to the filing. It also reduced its holding in Jp Morgan Chase & Co (NYSE:JPM) by 12,213 shares in the quarter, leaving it with 447,909 shares, and cut its stake in Amazon.Com Inc (NASDAQ:AMZN).

Since August 3, 2017, it had 0 buys, and 4 selling transactions for $9.61 million activity. Kelliher Joseph T sold $300,000 worth of NextEra Energy, Inc. (NYSE:NEE) on Wednesday, October 11. 2,900 shares were sold by KETCHUM JOHN W, worth $435,000. Sieving Charles E sold $4.47M worth of NextEra Energy, Inc. (NYSE:NEE) on Friday, September 22.

Among 27 analysts covering Union Pacific Corporation (NYSE:UNP), 10 have Buy rating, 2 Sell and 15 Hold. Therefore 37% are positive. Union Pacific Corporation had 88 analyst reports since July 24, 2015 according to SRatingsIntel. Oppenheimer initiated Union Pacific Corporation (NYSE:UNP) on Thursday, June 16 with “Perform” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, July 20 report. Bank of America maintained Union Pacific Corporation (NYSE:UNP) on Friday, September 11 with “Buy” rating. The stock has “Neutral” rating by Citigroup on Wednesday, October 4. BMO Capital Markets maintained it with “Buy” rating and $12300 target in Thursday, June 1 report. Scotia Capital initiated the stock with “Sector Outperform” rating in Tuesday, March 15 report. The rating was maintained by Citigroup on Friday, October 2 with “Buy”. The rating was upgraded by Stephens on Tuesday, September 8 to “Overweight”. The firm has “Neutral” rating given on Wednesday, January 18 by Buckingham Research. Cowen & Co maintained the shares of UNP in report on Thursday, October 22 with “Outperform” rating.

Investors sentiment decreased to 0.9 in Q3 2017. Its down 0.02, from 0.92 in 2017Q2. It is negative, as 67 investors sold UNP shares while 490 reduced holdings. 95 funds opened positions while 408 raised stakes. 601.66 million shares or 1.15% less from 608.67 million shares in 2017Q2 were reported. Umb National Bank N A Mo accumulated 101,039 shares. Sg Americas Securities Limited Liability Corporation invested 0.07% of its portfolio in Union Pacific Corporation (NYSE:UNP). First Personal Financial Services has 0.09% invested in Union Pacific Corporation (NYSE:UNP). Bokf Na holds 0.28% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 83,859 shares. Beese Fulmer Invest Management holds 0.29% or 10,954 shares in its portfolio. 81,716 were reported by Cibc Asset Mngmt. The Texas-based Usca Ria Lc has invested 0.07% in Union Pacific Corporation (NYSE:UNP). Cap reported 1.15 million shares. 5,445 were accumulated by Hills Comml Bank & Tru. Stonebridge Mgmt accumulated 3,615 shares or 0.16% of the stock. The New York-based Markston Ltd has invested 1.85% in Union Pacific Corporation (NYSE:UNP). Dorsey & Whitney Tru Com Ltd Liability Com has 0.33% invested in Union Pacific Corporation (NYSE:UNP) for 14,278 shares. Baldwin Brothers Incorporated Ma holds 70,214 shares. Amp Invsts has invested 0.39% in Union Pacific Corporation (NYSE:UNP). First Natl Tru invested 0.32% of its portfolio in Union Pacific Corporation (NYSE:UNP).

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on January, 18. They expect $1.53 earnings per share, up 10.07% or $0.14 from last year’s $1.39 per share. UNP’s profit will be $1.20 billion for 21.91 P/E if the $1.53 EPS becomes a reality. After $1.50 actual earnings per share reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 2.00% EPS growth.

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