Nextera Energy (NEE) Shareholder Scoria Capital Partners LP Increased Its Holding by $2.37 Million as Stock Value Rose; Kayne Anderson Capital Advisors LP Trimmed Position in Ngl Energy Partners LP (NGL) by $5.16 Million

January 14, 2018 - By Vivian Park

Kayne Anderson Capital Advisors Lp decreased its stake in Ngl Energy Partners Lp (NGL) by 16.73% based on its latest 2017Q3 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp sold 469,500 shares as the company’s stock declined 31.90% while stock markets rallied. The hedge fund held 2.34 million shares of the oil refining and marketing company at the end of 2017Q3, valued at $26.97M, down from 2.81 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Ngl Energy Partners Lp for a number of months, seems to be less bullish one the $2.00 billion market cap company. The stock increased 0.91% or $0.15 during the last trading session, reaching $16.6. About 940,569 shares traded. NGL Energy Partners LP (NYSE:NGL) has risen 16.78% since January 14, 2017 and is uptrending. It has outperformed by 0.08% the S&P500.

Scoria Capital Partners Lp increased its stake in Nextera Energy Inc (NEE) by 86.67% based on its latest 2017Q3 regulatory filing with the SEC. Scoria Capital Partners Lp bought 16,250 shares as the company’s stock rose 8.22% with the market. The institutional investor held 35,000 shares of the public utilities company at the end of 2017Q3, valued at $5.13M, up from 18,750 at the end of the previous reported quarter. Scoria Capital Partners Lp who had been investing in Nextera Energy Inc for a number of months, seems to be bullish on the $70.71B 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.

Analysts await NGL Energy Partners LP (NYSE:NGL) to report earnings on February, 6. They expect $0.20 EPS, up 385.71% or $0.27 from last year’s $-0.07 per share. NGL’s profit will be $24.11M for 20.75 P/E if the $0.20 EPS becomes a reality. After $-0.60 actual EPS reported by NGL Energy Partners LP for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Among 11 analysts covering NGL ENERGY PARTNERS LP (NYSE:NGL), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. NGL ENERGY PARTNERS LP had 45 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of NGL Energy Partners LP (NYSE:NGL) has “Mkt Perform” rating given on Friday, September 9 by FBR Capital. The stock has “Hold” rating by FBR Capital on Monday, May 29. As per Friday, May 26, the company rating was maintained by RBC Capital Markets. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, February 11. FBR Capital upgraded NGL Energy Partners LP (NYSE:NGL) on Friday, January 20 to “Outperform” rating. The stock of NGL Energy Partners LP (NYSE:NGL) has “Buy” rating given on Wednesday, November 30 by Stifel Nicolaus. On Monday, July 17 the stock rating was downgraded by Wells Fargo to “Market Perform”. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, November 21. The company was maintained on Wednesday, December 21 by Stifel Nicolaus. The stock of NGL Energy Partners LP (NYSE:NGL) earned “Buy” rating by Stifel Nicolaus on Friday, June 3.

Kayne Anderson Capital Advisors Lp, which manages about $18.02 billion and $7.82 billion US Long portfolio, upped its stake in Kinder Morgan Inc Del (NYSE:KMI) by 522,056 shares to 8.35M shares, valued at $160.16M in 2017Q3, according to the filing. It also increased its holding in Spectra Energy Partners Lp (NYSE:SEP) by 73,800 shares in the quarter, for a total of 3.82M shares, and has risen its stake in Eqt Midstream Partners Lp (NYSE:EQM).

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.31, from 1.31 in 2017Q2. It fall, as 11 investors sold NGL shares while 32 reduced holdings. 15 funds opened positions while 28 raised stakes. 74.43 million shares or 8.40% less from 81.25 million shares in 2017Q2 were reported. Gsa Cap Prtnrs Llp accumulated 0.13% or 162,328 shares. Prescott Cap Ltd Liability has 1.86% invested in NGL Energy Partners LP (NYSE:NGL). Bokf Na owns 44,600 shares. Pnc Fincl Service Group Inc, Pennsylvania-based fund reported 96,082 shares. Citadel Ltd holds 0% or 25,611 shares. Eagle Ltd Com invested 0.85% of its portfolio in NGL Energy Partners LP (NYSE:NGL). Advisory Rech stated it has 0.42% in NGL Energy Partners LP (NYSE:NGL). 14,968 are held by Cambridge Invest Rech. Raymond James Service Advisors has invested 0.01% in NGL Energy Partners LP (NYSE:NGL). Janney Montgomery Scott Ltd Limited Liability Company holds 0.01% of its portfolio in NGL Energy Partners LP (NYSE:NGL) for 93,830 shares. Greenwich Invest invested in 115,805 shares. Ing Groep Nv owns 0.12% invested in NGL Energy Partners LP (NYSE:NGL) for 543,000 shares. The Georgia-based Atlantic Trust Grp Incorporated Ltd Limited Liability Company has invested 0.1% in NGL Energy Partners LP (NYSE:NGL). Segall Bryant & Hamill Limited Liability reported 0.01% of its portfolio in NGL Energy Partners LP (NYSE:NGL). First Eagle Inv Management Ltd Co, a New York-based fund reported 1.96 million shares.

Since August 3, 2017, it had 0 buys, and 4 insider sales for $9.61 million activity. The insider Kelliher Joseph T sold 2,000 shares worth $300,000. $4.47 million worth of NextEra Energy, Inc. (NYSE:NEE) shares were sold by Sieving Charles E. Shares for $435,000 were sold by KETCHUM JOHN W on Monday, September 18.

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. The rating was maintained by M Partners on Tuesday, August 11 with “Buy”. Goldman Sachs upgraded NextEra Energy, Inc. (NYSE:NEE) rating on Monday, October 16. Goldman Sachs has “Buy” rating and $159.0 target. Deutsche Bank maintained NextEra Energy, Inc. (NYSE:NEE) on Monday, October 5 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, June 2. The stock has “Buy” rating by Argus Research on Thursday, March 17. JP Morgan maintained the stock with “Neutral” rating in Thursday, October 12 report. The firm has “Buy” rating given on Monday, July 24 by Goldman Sachs. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by Morgan Stanley on Wednesday, December 13. The stock has “Buy” rating by BMO Capital Markets on Monday, April 3. The firm has “Buy” rating by RBC Capital Markets given on Sunday, October 8.

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