NextEra Energy (NEE) Overweight Rating Reconfirmed by Analysts at Morgan Stanley; With $175 Target; Fred Alger Management Has Decreased Rockwell Automation (ROK) Holding

December 13, 2017 - By Peter Erickson

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. has $173.0 highest and $111 lowest target. $145.40’s average target is -7.05% below currents $156.435 stock price. Nextera Energy Inc. had 34 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank on Monday, January 30 to “Buy”. The rating was upgraded by Goldman Sachs to “Buy” on Monday, October 16. The stock of NextEra Energy, Inc. (NYSE:NEE) has “Overweight” rating given on Thursday, August 10 by Morgan Stanley. The firm has “Buy” rating by M Partners given on Tuesday, August 11. The stock has “Outperform” rating by Robert W. Baird on Friday, January 29. The stock of NextEra Energy, Inc. (NYSE:NEE) has “Buy” rating given on Sunday, September 3 by RBC Capital Markets. JP Morgan maintained the stock with “Neutral” rating in Thursday, October 12 report. Barclays Capital maintained NextEra Energy, Inc. (NYSE:NEE) rating on Friday, March 18. Barclays Capital has “Overweight” rating and $129 target. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, November 5 report. The company was maintained on Monday, October 5 by Deutsche Bank.

Fred Alger Management Inc decreased Rockwell Automation Inc. (ROK) stake by 62.53% reported in 2017Q2 SEC filing. Fred Alger Management Inc sold 339,672 shares as Rockwell Automation Inc. (ROK)’s stock rose 3.58%. The Fred Alger Management Inc holds 203,526 shares with $32.96 million value, down from 543,198 last quarter. Rockwell Automation Inc. now has $24.75B valuation. The stock increased 0.97% or $1.85 during the last trading session, reaching $192.6. About 341,282 shares traded. Rockwell Automation Inc. (NYSE:ROK) has risen 42.76% since December 13, 2016 and is uptrending. It has outperformed by 26.06% the S&P500.

Analysts await Rockwell Automation Inc. (NYSE:ROK) to report earnings on January, 24. They expect $1.75 EPS, 0.00% or $0.00 from last year’s $1.75 per share. ROK’s profit will be $224.87M for 27.51 P/E if the $1.75 EPS becomes a reality. After $1.69 actual EPS reported by Rockwell Automation Inc. for the previous quarter, Wall Street now forecasts 3.55% EPS growth.

Investors sentiment decreased to 1.02 in Q2 2017. Its down 0.24, from 1.26 in 2017Q1. It dropped, as 34 investors sold ROK shares while 190 reduced holdings. 74 funds opened positions while 209 raised stakes. 87.06 million shares or 0.70% more from 86.45 million shares in 2017Q1 were reported. Switzerland-based Robecosam Ag has invested 1.38% in Rockwell Automation Inc. (NYSE:ROK). Lazard Asset Mngmt Limited Liability Company holds 0.78% in Rockwell Automation Inc. (NYSE:ROK) or 2.31M shares. Geode Limited Liability Corporation holds 0.09% or 1.46 million shares. Heathbridge Limited holds 4.35% or 124,750 shares in its portfolio. Btc Capital has invested 0.04% in Rockwell Automation Inc. (NYSE:ROK). Saturna Capital stated it has 1.75% in Rockwell Automation Inc. (NYSE:ROK). Commonwealth Retail Bank Of holds 0.02% or 11,890 shares. Fisher Asset Mgmt Ltd Liability Corporation holds 112,110 shares. Gam Ag accumulated 20,303 shares. State Treasurer State Of Michigan owns 0.05% invested in Rockwell Automation Inc. (NYSE:ROK) for 42,390 shares. Paragon Cap Mngmt holds 0.12% or 1,609 shares in its portfolio. C M Bidwell And Ltd reported 1,370 shares or 0.05% of all its holdings. Community National Bank Na holds 0.04% or 2,032 shares. Prudential Public Ltd Llc owns 494,014 shares or 0.26% of their US portfolio. Brinker Capital reported 13,200 shares.

Fred Alger Management Inc increased Neogen Corp (NASDAQ:NEOG) stake by 53,745 shares to 443,000 valued at $30.62 million in 2017Q2. It also upped Take (NASDAQ:TTWO) stake by 86,834 shares and now owns 253,007 shares. O Reilly Automotive Inc (NASDAQ:ORLY) was raised too.

Among 27 analysts covering Rockwell Automation (NYSE:ROK), 4 have Buy rating, 3 Sell and 20 Hold. Therefore 15% are positive. Rockwell Automation had 56 analyst reports since September 9, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $16700 target in Wednesday, July 19 report. As per Friday, October 7, the company rating was initiated by HSBC. The firm has “Hold” rating by Credit Suisse given on Wednesday, October 11. The stock of Rockwell Automation Inc. (NYSE:ROK) earned “Hold” rating by Credit Suisse on Friday, March 31. The rating was downgraded by Gabelli on Thursday, April 21 to “Hold”. The rating was maintained by Citigroup on Monday, October 9 with “Neutral”. FBR Capital initiated it with “Market Perform” rating and $105 target in Wednesday, May 11 report. The firm earned “Hold” rating on Thursday, July 27 by J.P. Morgan. The stock of Rockwell Automation Inc. (NYSE:ROK) has “Neutral” rating given on Monday, October 10 by . As per Friday, August 18, the company rating was maintained by Oppenheimer.

Since July 31, 2017, it had 0 buys, and 11 sales for $12.74 million activity. MILLER JOHN M also sold $301,808 worth of Rockwell Automation Inc. (NYSE:ROK) shares. Moret Blake D. had sold 5,677 shares worth $965,638 on Tuesday, September 12. $3.13 million worth of Rockwell Automation Inc. (NYSE:ROK) shares were sold by CRANDALL THEODORE D. NOSBUSCH KEITH D sold $3.31 million worth of stock. Etzel Steven W. sold $347,405 worth of stock or 2,100 shares. Shares for $1.57 million were sold by Chand Sujeet. Fooks Elik I sold $496,092 worth of stock or 3,000 shares.

The stock decreased 0.40% or $0.635 during the last trading session, reaching $156.435. About 2.23 million shares traded or 47.07% up from the average. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since December 13, 2016 and is uptrending. It has underperformed by 0.76% the S&P500.

Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.02, from 0.97 in 2017Q1. It is negative, as 50 investors sold NextEra Energy, Inc. shares while 381 reduced holdings. 79 funds opened positions while 339 raised stakes. 371.19 million shares or 6.37% more from 348.96 million shares in 2017Q1 were reported. State Bank Of Hawaii stated it has 13,954 shares. Catalyst Advsr Ltd Liability Corp reported 70,000 shares. Orrstown Financial has invested 0.08% in NextEra Energy, Inc. (NYSE:NEE). Town & Country Natl Bank Co Dba First Bankers Trust Co accumulated 0.95% or 12,582 shares. Btc Cap Mngmt holds 1,760 shares. 18,425 were accumulated by Covington Invest Advsrs Incorporated. Cohen Klingenstein Ltd Liability Com holds 4,600 shares. The Massachusetts-based Ballentine Ptnrs Ltd has invested 0.03% in NextEra Energy, Inc. (NYSE:NEE). Guernsey-based Bluecrest Cap Mngmt has invested 0.04% in NextEra Energy, Inc. (NYSE:NEE). Confluence Wealth Mgmt Ltd stated it has 7,845 shares. Everett Harris Company Ca has invested 0.12% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Next Gru reported 1,697 shares stake. Bangor Natl Bank accumulated 0.1% or 3,144 shares. Westwood Mgmt Il accumulated 0.09% or 3,900 shares. Loring Wolcott & Coolidge Fiduciary Llp Ma has invested 0.01% in NextEra Energy, Inc. (NYSE:NEE).

NextEra Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric power to retail and wholesale clients in North America. The company has market cap of $73.59 billion. The firm generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It has a 17.6 P/E ratio. It also provides risk management services related to power and gas consumption.

Since August 3, 2017, it had 0 insider purchases, and 4 selling transactions for $9.61 million activity. KETCHUM JOHN W sold $435,000 worth of stock or 2,900 shares. 30,000 shares valued at $4.41M were sold by ROBO JAMES L on Thursday, August 3. Sieving Charles E sold $4.47M worth of stock. 2,000 shares were sold by Kelliher Joseph T, worth $300,000 on Wednesday, October 11.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on January, 26. They expect $1.33 earnings per share, up 9.92% or $0.12 from last year’s $1.21 per share. NEE’s profit will be $625.63M for 29.41 P/E if the $1.33 EPS becomes a reality. After $1.85 actual earnings per share reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts -28.11% negative EPS growth.

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