Benjamin F Edwards & Company Increased Nextera Energy (NEE) Stake; 3M Company (MMM) Shorts Down By 4.43%

January 9, 2018 - By Ellis Scott

Benjamin F Edwards & Company Inc increased Nextera Energy Inc (NEE) stake by 9.15% reported in 2017Q3 SEC filing. Benjamin F Edwards & Company Inc acquired 2,683 shares as Nextera Energy Inc (NEE)’s stock rose 8.22%. The Benjamin F Edwards & Company Inc holds 32,005 shares with $4.69M value, up from 29,322 last quarter. Nextera Energy Inc now has $71.95B valuation. The stock increased 0.82% or $1.25 during the last trading session, reaching $152.96. About 1.81M shares traded or 8.46% up from the average. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since January 9, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

3M Company (NYSE:MMM) had a decrease of 4.43% in short interest. MMM’s SI was 6.20 million shares in January as released by FINRA. Its down 4.43% from 6.48 million shares previously. With 1.82 million avg volume, 3 days are for 3M Company (NYSE:MMM)’s short sellers to cover MMM’s short positions. The SI to 3M Company’s float is 1.04%. The stock decreased 0.32% or $0.78 during the last trading session, reaching $239.79. About 1.87 million shares traded. 3M Company (NYSE:MMM) has risen 18.59% since January 9, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.02, from 0.97 in 2017Q2. It worsened, 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. Estabrook Capital invested in 33,914 shares or 0.77% of the stock. Ibm Retirement Fund has invested 0.34% in NextEra Energy, Inc. (NYSE:NEE). Hl Fincl Limited Company accumulated 48,406 shares or 0.14% of the stock. Cleararc Cap holds 0.77% or 35,007 shares. State Board Of Administration Of Florida Retirement Systems invested 0.28% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Park Oh accumulated 16,231 shares. Illinois-based Barrington Strategic Wealth has invested 1.29% in NextEra Energy, Inc. (NYSE:NEE). The Indiana-based Everence Mgmt Inc has invested 0.41% in NextEra Energy, Inc. (NYSE:NEE). 937 are owned by Riggs Asset Managment Communication. Jane Street Limited Liability Corp stated it has 19,368 shares or 0.01% of all its holdings. Bbt Capital Management Ltd Llc owns 12,800 shares. Boys Arnold And Company has invested 0.66% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Partnervest Advisory Svcs Ltd Liability Corporation invested in 0.1% or 1,394 shares. Neville Rodie Shaw holds 1.74% or 106,218 shares. Commerzbank Aktiengesellschaft Fi owns 187,549 shares.

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. Morgan Stanley maintained it with “Overweight” rating and $175 target in Wednesday, December 13 report. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 31. RBC Capital Markets maintained it with “Buy” rating and $150.0 target in Sunday, October 8 report. As per Monday, November 13, the company rating was maintained by Morgan Stanley. As per Friday, January 29, the company rating was upgraded by Robert W. Baird. On Monday, August 31 the stock rating was upgraded by Zacks to “Hold”. The stock of NextEra Energy, Inc. (NYSE:NEE) has “Overweight” rating given on Friday, March 18 by Barclays Capital. The stock has “Buy” rating by Deutsche Bank on Monday, January 30. On Thursday, March 17 the stock rating was maintained by Argus Research with “Buy”. Goldman Sachs maintained the stock with “Buy” rating in Monday, July 24 report.

Benjamin F Edwards & Company Inc decreased Select Sector Spdr Tr (XLV) stake by 7,115 shares to 166,938 valued at $13.64M in 2017Q3. It also reduced Ishares Tr (SCZ) stake by 5,206 shares and now owns 20,145 shares. First Tr Exchange Traded Fd (FXR) was reduced too.

Since August 3, 2017, it had 0 insider purchases, and 4 selling transactions for $9.61 million activity. $4.47 million worth of stock was sold by Sieving Charles E on Friday, September 22. Another trade for 2,000 shares valued at $300,000 was made by Kelliher Joseph T on Wednesday, October 11. KETCHUM JOHN W sold $435,000 worth of stock or 2,900 shares. ROBO JAMES L sold $4.41M worth of NextEra Energy, Inc. (NYSE:NEE) on Thursday, August 3.

Among 15 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. 3M had 70 analyst reports since July 24, 2015 according to SRatingsIntel. On Wednesday, January 25 the stock rating was maintained by Stifel Nicolaus with “Hold”. RBC Capital Markets maintained the shares of MMM in report on Tuesday, August 4 with “Underperform” rating. Jefferies maintained it with “Buy” rating and $187 target in Tuesday, April 12 report. The firm has “Buy” rating given on Friday, July 24 by UBS. The stock of 3M Company (NYSE:MMM) earned “Buy” rating by Jefferies on Thursday, June 1. Citigroup maintained the stock with “Buy” rating in Tuesday, April 19 report. The stock has “Hold” rating by RBC Capital Markets on Wednesday, January 3. The rating was maintained by Jefferies on Thursday, December 14 with “Buy”. The firm has “Hold” rating by RBC Capital Markets given on Monday, July 10. Jefferies maintained 3M Company (NYSE:MMM) rating on Tuesday, September 26. Jefferies has “Buy” rating and $234.0 target.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It is negative, as 59 investors sold 3M Company shares while 612 reduced holdings. 101 funds opened positions while 417 raised stakes. 387.06 million shares or 0.01% more from 387.02 million shares in 2017Q2 were reported. Capital Mngmt Va stated it has 0.24% in 3M Company (NYSE:MMM). Mraz Amerine & Assoc stated it has 0.07% of its portfolio in 3M Company (NYSE:MMM). Etrade Management Llc holds 0.01% of its portfolio in 3M Company (NYSE:MMM) for 1,388 shares. Utd Services Automobile Association invested in 423,755 shares or 0.26% of the stock. Blackrock has 0.41% invested in 3M Company (NYSE:MMM) for 38.31 million shares. First Eagle Invest Lc reported 4.63M shares. Eagle Asset Mgmt Inc owns 0.58% invested in 3M Company (NYSE:MMM) for 478,540 shares. Trust Of Toledo Na Oh stated it has 12,361 shares. Edgemoor Investment has invested 2.55% in 3M Company (NYSE:MMM). Valley Advisers invested in 0.14% or 2,016 shares. Alpha Cubed Limited Liability Com invested in 0.2% or 6,299 shares. Ci Investments owns 17 shares or 0% of their US portfolio. Foster & Motley accumulated 1.2% or 33,185 shares. Horizon Kinetics Ltd Liability Corporation invested in 2,512 shares or 0.02% of the stock. Anderson Hoagland And holds 0.97% of its portfolio in 3M Company (NYSE:MMM) for 7,507 shares.

3M Company operates as a diversified technology firm worldwide. The company has market cap of $142.82 billion. The companyÂ’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; advanced ceramics; sealants; specialty materials; separation and purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. It has a 26.77 P/E ratio. The Company’s Safety and Graphics Business segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products.