Rr Advisors Trimmed Western Gas Partners (WES) Position by $6.53 Million as Shares Declined; Sigma Planning Continues to Hold Stake in Nextera Energy (NEE)

February 17, 2018 - By Dolores Ford

Sigma Planning Corp increased its stake in Nextera Energy Inc (NEE) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Sigma Planning Corp bought 5,371 shares as the company’s stock rose 8.22% with the market. The institutional investor held 21,484 shares of the public utilities company at the end of 2017Q3, valued at $3.15M, up from 16,113 at the end of the previous reported quarter. Sigma Planning Corp who had been investing in Nextera Energy Inc for a number of months, seems to be bullish on the $73.41 billion market cap company. The stock increased 1.05% or $1.62 during the last trading session, reaching $156.05. About 1.64 million shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since February 17, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Rr Advisors Llc decreased its stake in Western Gas Partners (WES) by 7.77% based on its latest 2017Q3 regulatory filing with the SEC. Rr Advisors Llc sold 128,000 shares as the company’s stock declined 13.68% while stock markets rallied. The institutional investor held 1.52M shares of the public utilities company at the end of 2017Q3, valued at $77.95 million, down from 1.65M at the end of the previous reported quarter. Rr Advisors Llc who had been investing in Western Gas Partners for a number of months, seems to be less bullish one the $7.58B market cap company. The stock decreased 0.55% or $0.27 during the last trading session, reaching $48.82. About 676,538 shares traded or 5.71% up from the average. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since February 17, 2017 and is uptrending. It has underperformed by 6.38% the S&P500.

Since September 18, 2017, it had 0 buys, and 4 sales for $6.61 million activity. On Wednesday, October 11 the insider Kelliher Joseph T sold $300,000. The insider Pimentel Armando Jr sold 9,250 shares worth $1.40M. Sieving Charles E had sold 30,485 shares worth $4.47 million on Friday, September 22.

Investors sentiment decreased to 0.95 in 2017 Q3. 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. Zwj Inv Counsel has 0.02% invested in NextEra Energy, Inc. (NYSE:NEE). Buckingham Cap reported 14,230 shares stake. Cidel Asset Management stated it has 164,154 shares. Focused Wealth Management has 685 shares for 0.03% of their portfolio. Aspiriant Limited Liability Co invested in 11,485 shares. Fdx Advsrs invested in 35,320 shares. Hartford Investment stated it has 0.28% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). 8,566 were reported by First Personal Fincl Svcs. Moreover, Lenox Wealth Advsrs has 0% invested in NextEra Energy, Inc. (NYSE:NEE). Gamble Jones Invest Counsel accumulated 0.02% or 1,653 shares. Welch Forbes Ltd Limited Liability Company holds 0.06% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 16,254 shares. Ifc Holdg Fl invested in 7,529 shares. Great West Life Assurance Company Can invested in 490,996 shares or 0.18% of the stock. Moreover, Marco Investment Mgmt Limited Co has 0.04% invested in NextEra Energy, Inc. (NYSE:NEE). Old Point Trust Financial Svcs N A has invested 1% in NextEra Energy, Inc. (NYSE:NEE).

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 39 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Friday, March 18. The firm earned “Buy” rating on Sunday, November 5 by RBC Capital Markets. The firm earned “Buy” rating on Monday, October 5 by Deutsche Bank. The rating was maintained by Morgan Stanley on Wednesday, December 13 with “Overweight”. On Thursday, June 22 the stock rating was maintained by BMO Capital Markets with “Buy”. Morgan Stanley maintained NextEra Energy, Inc. (NYSE:NEE) on Thursday, August 10 with “Overweight” rating. The rating was upgraded by Goldman Sachs to “Buy” on Monday, October 16. RBC Capital Markets maintained the shares of NEE in report on Sunday, September 3 with “Buy” rating. The rating was maintained by Argus Research on Friday, August 7 with “Buy”. The stock has “Buy” rating by Deutsche Bank on Monday, January 30.

Sigma Planning Corp, which manages about $1.21B US Long portfolio, decreased its stake in Fidelity (FIDU) by 12,846 shares to 30,514 shares, valued at $1.12M in 2017Q3, according to the filing. It also reduced its holding in Astrazeneca Plc (NYSE:AZN) by 9,355 shares in the quarter, leaving it with 8,844 shares, and cut its stake in Qualcomm Inc (NASDAQ:QCOM).

Analysts await Western Gas Partners, LP (NYSE:WES) to report earnings on February, 28. They expect $0.46 EPS, up 31.43% or $0.11 from last year’s $0.35 per share. WES’s profit will be $71.38 million for 26.53 P/E if the $0.46 EPS becomes a reality. After $0.38 actual EPS reported by Western Gas Partners, LP for the previous quarter, Wall Street now forecasts 21.05% EPS growth.

Among 17 analysts covering Western Gas Partners (NYSE:WES), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. Western Gas Partners had 43 analyst reports since August 3, 2015 according to SRatingsIntel. Credit Suisse downgraded Western Gas Partners, LP (NYSE:WES) rating on Thursday, March 17. Credit Suisse has “Neutral” rating and $53 target. The company was maintained on Monday, January 29 by Scotia Capital. The firm earned “Neutral” rating on Tuesday, January 12 by Bank of America. As per Thursday, January 28, the company rating was downgraded by Stifel Nicolaus. On Friday, April 21 the stock rating was initiated by Macquarie Research with “Outperform”. Stifel Nicolaus maintained the shares of WES in report on Thursday, August 31 with “Hold” rating. The stock of Western Gas Partners, LP (NYSE:WES) has “Overweight” rating given on Thursday, November 2 by Barclays Capital. The stock of Western Gas Partners, LP (NYSE:WES) earned “Buy” rating by Stifel Nicolaus on Thursday, October 26. Citigroup maintained Western Gas Partners, LP (NYSE:WES) on Thursday, April 7 with “Neutral” rating. The rating was downgraded by Citigroup on Thursday, November 5 to “Neutral”.