Alpine Woods Capital Investors Decreased Hawaiian Elec Industries (HE) Stake; El Paso Electric Company (EE) Had 0 Bullish Analysts

August 24, 2017 - By Dolores Ford

Alpine Woods Capital Investors Llc decreased Hawaiian Elec Industries (HE) stake by 69.84% reported in 2016Q4 SEC filing. Alpine Woods Capital Investors Llc sold 15,750 shares as Hawaiian Elec Industries (HE)’s stock declined 0.83%. The Alpine Woods Capital Investors Llc holds 6,800 shares with $225,000 value, down from 22,550 last quarter. Hawaiian Elec Industries now has $3.63 billion valuation. The stock rose 0.30% or $0.1 reaching $33.33. About 151,007 shares traded. Hawaiian Electric Industries, Inc. (NYSE:HE) has risen 0.68% since August 24, 2016 and is uptrending. It has underperformed by 16.02% the S&P500.

Among 3 analysts covering El Paso Electric Company (NYSE:EE), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. El Paso Electric Company had 11 analyst reports since November 20, 2015 according to SRatingsIntel. Jefferies downgraded El Paso Electric Company (NYSE:EE) on Tuesday, November 15 to “Hold” rating. Williams Capital Group initiated the shares of EE in report on Wednesday, January 11 with “Hold” rating. Jefferies upgraded the stock to “Buy” rating in Thursday, July 14 report. Jefferies maintained it with “Hold” rating and $5200 target in Tuesday, June 13 report. The firm has “Hold” rating given on Thursday, March 24 by Jefferies. The company was maintained on Friday, July 21 by Jefferies. Jefferies maintained the shares of EE in report on Thursday, August 3 with “Hold” rating. The stock of El Paso Electric Company (NYSE:EE) has “Underperform” rating given on Friday, November 20 by Jefferies. The company was maintained on Friday, August 11 by Jefferies. See El Paso Electric Company (NYSE:EE) latest ratings:

17/08/2017 Broker: Mizuho Rating: Neutral New Target: $55 Initiates Coverage On
11/08/2017 Broker: Jefferies Rating: Hold New Target: $56.0000 Maintain
03/08/2017 Broker: Jefferies Rating: Hold New Target: $55.0000 Maintain
21/07/2017 Broker: Jefferies Rating: Hold New Target: $52.0000 Maintain
13/06/2017 Broker: Jefferies Rating: Hold New Target: $52.0000 Maintain
05/05/2017 Broker: Jefferies Rating: Hold Old Target: $48.50 New Target: $52.00 Target Up

Among 3 analysts covering Hawaiian Electric Industries (NYSE:HE), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Hawaiian Electric Industries had 5 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Barclays Capital on Friday, March 18. The rating was downgraded by Wells Fargo to “Market Perform” on Friday, November 20. The rating was upgraded by Zacks on Friday, August 14 to “Sell”. The firm earned “Hold” rating on Friday, August 28 by Zacks.

Alpine Woods Capital Investors Llc increased Clubcorp Holdings Inc (NYSE:MYCC) stake by 24,000 shares to 72,000 valued at $1.03M in 2016Q4. It also upped Mckesson Corp (NYSE:MCK) stake by 4,139 shares and now owns 85,439 shares. Shire Plc (NASDAQ:SHPG) was raised too.

Investors sentiment decreased to 1.36 in 2016 Q4. Its down 0.16, from 1.52 in 2016Q3. It worsened, as 18 investors sold HE shares while 68 reduced holdings. 37 funds opened positions while 80 raised stakes. 48.65 million shares or 5.63% more from 46.05 million shares in 2016Q3 were reported. South Dakota Inv Council accumulated 19,300 shares. Financial Bank Of America Corp De owns 0% invested in Hawaiian Electric Industries, Inc. (NYSE:HE) for 169,414 shares. Parametrica Limited holds 0.4% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE) for 12,319 shares. Prudential accumulated 741,107 shares or 0.04% of the stock. Reilly Financial Advisors Ltd Liability, California-based fund reported 2,426 shares. Panagora Asset Mgmt Inc accumulated 0.05% or 298,973 shares. Blackrock Advisors Limited Liability Company stated it has 64,664 shares or 0% of all its holdings. Iowa-based Cambridge Investment Rech Inc has invested 0.02% in Hawaiian Electric Industries, Inc. (NYSE:HE). State Of New Jersey Common Pension Fund D reported 0.03% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE). Duncker Streett & Communications invested 0.01% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE). Janney Montgomery Scott Limited Co holds 17,360 shares or 0.01% of its portfolio. 375,540 were accumulated by Invesco. Renaissance Technologies Lc has 0.03% invested in Hawaiian Electric Industries, Inc. (NYSE:HE) for 510,300 shares. Gamco Et Al has invested 0.01% in Hawaiian Electric Industries, Inc. (NYSE:HE). Financial Serv Corp holds 0% or 122 shares in its portfolio.

About 87,380 shares traded. El Paso Electric Company (NYSE:EE) has risen 21.05% since August 24, 2016 and is uptrending. It has outperformed by 4.35% the S&P500.

Since March 1, 2017, it had 0 insider purchases, and 1 insider sale for $1.38 million activity. 28,000 shares were sold by BROWN JOHN ROBERT, worth $1.38 million on Wednesday, March 1.

El Paso Electric Company is a public utility company. The company has market cap of $2.23 billion. As of December 31, 2016, the Company was engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. It has a 19.89 P/E ratio. As of December 31, 2016, the Company owned or had ownership interests in several electrical generating facilities providing it with a generating capability of approximately 2,080 megawatts .