Capital Investment Advisors Llc increased its stake in Spectra Energy Partners (SEP) by 41% based on its latest 2017Q3 regulatory filing with the SEC. Capital Investment Advisors Llc bought 8,109 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 27,888 shares of the public utilities company at the end of 2017Q3, valued at $1.24 million, up from 19,779 at the end of the previous reported quarter. Capital Investment Advisors Llc who had been investing in Spectra Energy Partners for a number of months, seems to be bullish on the $19.45B market cap company. The stock decreased 0.53% or $0.21 during the last trading session, reaching $39.59. About 821,719 shares traded or 43.28% up from the average. Spectra Energy Partners, LP (NYSE:SEP) has declined 3.32% since February 27, 2017 and is downtrending. It has underperformed by 20.02% the S&P500.
Kelly Lawrence W & Associates Inc decreased its stake in Eaton Corp (ETN) by 96.16% based on its latest 2017Q3 regulatory filing with the SEC. Kelly Lawrence W & Associates Inc sold 78,350 shares as the company’s stock rose 8.91% with the market. The institutional investor held 3,130 shares of the technology company at the end of 2017Q3, valued at $241,000, down from 81,480 at the end of the previous reported quarter. Kelly Lawrence W & Associates Inc who had been investing in Eaton Corp for a number of months, seems to be less bullish one the $36.11B market cap company. The stock decreased 0.39% or $0.32 during the last trading session, reaching $81.96. About 2.51M shares traded. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since February 27, 2017 and is uptrending. It has outperformed by 14.32% the S&P500.
Among 30 analysts covering Eaton Corporation (NYSE:ETN), 9 have Buy rating, 4 Sell and 17 Hold. Therefore 30% are positive. Eaton Corporation had 83 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Eaton Corporation plc (NYSE:ETN) earned “Market Perform” rating by Bernstein on Monday, November 2. The firm has “Neutral” rating by Longbow given on Monday, April 4. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Eaton Corporation plc (NYSE:ETN) has “Hold” rating given on Thursday, February 1 by Jefferies. The firm earned “Neutral” rating on Tuesday, October 17 by Buckingham Research. Jefferies maintained the shares of ETN in report on Wednesday, November 1 with “Hold” rating. On Monday, October 19 the stock rating was initiated by CLSA with “Underperform”. The firm has “Neutral” rating by Buckingham Research given on Monday, May 2. The rating was initiated by Avondale with “Market Perform” on Thursday, October 15. The company was downgraded on Friday, August 14 by Atlantic Securities.
Analysts await Eaton Corporation plc (NYSE:ETN) to report earnings on May, 1. They expect $1.06 earnings per share, up 10.42% or $0.10 from last year’s $0.96 per share. ETN’s profit will be $467.04 million for 19.33 P/E if the $1.06 EPS becomes a reality. After $1.29 actual earnings per share reported by Eaton Corporation plc for the previous quarter, Wall Street now forecasts -17.83% negative EPS growth.
Investors sentiment decreased to 1 in 2017 Q3. Its down 0.07, from 1.07 in 2017Q2. It fall, as 59 investors sold ETN shares while 280 reduced holdings. 80 funds opened positions while 259 raised stakes. 330.10 million shares or 0.23% less from 330.85 million shares in 2017Q2 were reported. Wunderlich Managemnt accumulated 1.01% or 17,574 shares. Indiana Trust And Invest has 5,200 shares for 0.19% of their portfolio. Cushing Asset Mngmt Limited Partnership has invested 0.16% in Eaton Corporation plc (NYSE:ETN). Cooke And Bieler LP stated it has 1.67% in Eaton Corporation plc (NYSE:ETN). Patten Incorporated owns 84,512 shares or 0.34% of their US portfolio. Boston Private Wealth Llc accumulated 67,435 shares. Moreover, Hl Ltd has 0.02% invested in Eaton Corporation plc (NYSE:ETN) for 15,165 shares. Johnson Financial Gp Incorporated has 0.12% invested in Eaton Corporation plc (NYSE:ETN) for 11,642 shares. Pacific Alternative Asset Management Llc has 55,855 shares for 0.47% of their portfolio. Financial Architects Incorporated stated it has 1,404 shares. Korea has invested 0.06% in Eaton Corporation plc (NYSE:ETN). 62,275 were accumulated by Moors Cabot Inc. 114,289 are held by Sumitomo Mitsui Asset Mngmt Com Ltd. Wells Fargo & Co Mn, California-based fund reported 5.19 million shares. Bridges Invest Mngmt invested 0.69% of its portfolio in Eaton Corporation plc (NYSE:ETN).
Kelly Lawrence W & Associates Inc, which manages about $638.47 million and $524.83 million US Long portfolio, upped its stake in Alkermes Plc Shs (NASDAQ:ALKS) by 9,700 shares to 127,800 shares, valued at $6.50M in 2017Q3, according to the filing. It also increased its holding in Parsley Energy Inc. (NYSE:PE) by 117,883 shares in the quarter, for a total of 432,733 shares, and has risen its stake in Verizon Communications (NYSE:VZ).
Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.15, from 1.28 in 2017Q2. It turned negative, as 19 investors sold SEP shares while 66 reduced holdings. 19 funds opened positions while 77 raised stakes. 62.25 million shares or 3.77% more from 59.98 million shares in 2017Q2 were reported. Advsr Asset Mngmt has invested 0.02% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). Barclays Public Ltd Liability Corporation, a United Kingdom-based fund reported 274,156 shares. Camarda Advsrs Ltd Liability Corp holds 0.15% or 3,195 shares. Harvest Fund Advisors Llc invested 1.14% in Spectra Energy Partners, LP (NYSE:SEP). California Pub Employees Retirement reported 71,597 shares or 0% of all its holdings. Citigroup holds 0% or 81,514 shares. Century holds 4.65 million shares or 0.21% of its portfolio. Entrustpermal Mgmt Ltd Liability Corporation, a New York-based fund reported 69,800 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System holds 0.17% or 253,114 shares in its portfolio. Duff & Phelps Inv Mgmt Company has invested 0.33% in Spectra Energy Partners, LP (NYSE:SEP). Janney Montgomery Scott Lc holds 0.03% in Spectra Energy Partners, LP (NYSE:SEP) or 53,092 shares. Westwood Grp reported 234,182 shares. Moreover, State Bank Of Mellon Corp has 0% invested in Spectra Energy Partners, LP (NYSE:SEP) for 9,831 shares. Highstreet Asset invested in 178 shares or 0% of the stock. Bnp Paribas Arbitrage holds 0.01% in Spectra Energy Partners, LP (NYSE:SEP) or 50,612 shares.
Among 19 analysts covering Spectra Energy Partners LP (NYSE:SEP), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Spectra Energy Partners LP had 51 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Spectra Energy Partners, LP (NYSE:SEP) has “In-Line” rating given on Friday, March 24 by Morgan Stanley. RBC Capital Markets maintained it with “Buy” rating and $53.0 target in Wednesday, December 13 report. The firm earned “Buy” rating on Wednesday, December 20 by Jefferies. The firm has “Neutral” rating by Mitsubishi UFJ given on Friday, July 22. Morgan Stanley upgraded Spectra Energy Partners, LP (NYSE:SEP) on Wednesday, January 20 to “Equal-Weight” rating. The company was maintained on Monday, January 23 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, July 23 by DA Davidson. The company was maintained on Thursday, October 19 by Stifel Nicolaus. JP Morgan maintained the shares of SEP in report on Friday, May 27 with “Overweight” rating. The firm has “Neutral” rating given on Wednesday, September 7 by Simmons & Co.
Capital Investment Advisors Llc, which manages about $1.46B US Long portfolio, decreased its stake in J P Morgan Chase (NYSE:JPM) by 5,358 shares to 66,569 shares, valued at $6.36M in 2017Q3, according to the filing. It also reduced its holding in Ishares Tr Msci Eafe Fd (EFA) by 29,678 shares in the quarter, leaving it with 79,130 shares, and cut its stake in Ubs Alerian Mlp Infrastructure (MLPI).
The post Capital Investment Advisors Raised Spectra Energy Partners (SEP) Holding; As Eaton (ETN) Valuation Rose, Shareholder Kelly Lawrence W & Associates Trimmed by $5.95 Million Its Position appeared first on Stock Market News | HillCountryTimes | Get it Today.
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