Caterpillar (CAT) Market Value Declined While Braun Stacey Associates Decreased Its Position by $4.21 Million; Mai Wealth Advisors Has Cut Stake in Nextera Energy Partners LP (NEP) by $990,093 as Share Price Rose

June 14, 2018 - By Migdalia James

NextEra Energy Partners, LP (NYSE:NEP) Logo

Mai Wealth Advisors decreased its stake in Nextera Energy Partners Lp (NEP) by 29.71% based on its latest 2018Q1 regulatory filing with the SEC. Mai Wealth Advisors sold 25,387 shares as the company’s stock rose 11.43% while stock markets declined. The hedge fund held 60,060 shares of the public utilities company at the end of 2018Q1, valued at $2.40 million, down from 85,447 at the end of the previous reported quarter. Mai Wealth Advisors who had been investing in Nextera Energy Partners Lp for a number of months, seems to be less bullish one the $2.36B market cap company. The stock increased 0.60% or $0.26 during the last trading session, reaching $43.46. About 70,491 shares traded. NextEra Energy Partners, LP (NYSE:NEP) has risen 27.27% since June 14, 2017 and is uptrending. It has outperformed by 14.70% the S&P500. Some Historical NEP News: 24/04/2018 – NEXTERA ENERGY PARTNERS 1Q ADJ EBITDA $258M, EST. $229.3M; 21/05/2018 – FITCH AFFIRMS NEXTERA’S ‘A-‘ IDR FOLLOWING FLORIDA ASSETS ACQUI; 02/04/2018 – NextEra Energy Partners to Sell Canadian Renewable Portfolio to CPPIB; 09/03/2018 NEXTERA ENERGY PARTNERS LP NEP.N : RBC RAISES TARGET PRICE TO $40 FROM $39; 06/04/2018 – Creative Technology, a Division of NEP Group, Acquires Hong Kong-Based Avollusion; 02/04/2018 – NEXTERA ENERGY PARTNERS REPORTS SALE OF CANADIAN RENEWABLE; 02/04/2018 – NextEra Energy Partners, LP announces sale of Canadian renewable portfolio; 24/04/2018 – NextEra Energy Partners 1Q Rev $212M; 02/04/2018 – CANADA PENSION PLAN INVESTMENT – TO ACQUIRE 6 PROJECTS FROM NEXTERA ENERGY PARTNERS, LP; 27/03/2018 – NEP Showcases Innovative Solutions Supporting Discovery’s Inaugural Olympics Coverage at NAB 2018

Braun Stacey Associates Inc decreased its stake in Caterpillar Inc (CAT) by 21.38% based on its latest 2018Q1 regulatory filing with the SEC. Braun Stacey Associates Inc sold 28,626 shares as the company’s stock declined 4.79% with the market. The institutional investor held 105,289 shares of the capital goods company at the end of 2018Q1, valued at $15.52 million, down from 133,915 at the end of the previous reported quarter. Braun Stacey Associates Inc who had been investing in Caterpillar Inc for a number of months, seems to be less bullish one the $92.16B market cap company. The stock decreased 0.37% or $0.58 during the last trading session, reaching $154.13. About 1.86 million shares traded. Caterpillar Inc. (NYSE:CAT) has risen 48.40% since June 14, 2017 and is uptrending. It has outperformed by 35.83% the S&P500. Some Historical CAT News: 24/04/2018 – CATERPILLAR INC CAT.N SEES FY 2018 SHR $7.75 TO $8.75; 11/05/2018 – Caterpillar Inc. April 3-Month Latin America Total Machines Retail Sales Up 56%; 24/04/2018 – Dow tanks more than 550 points after opening higher – Caterpillar leads the rollover; 11/05/2018 – CATERPILLAR ROLLING 3-MOS APRIL MACHINE SALES WORLD UP 28%; 24/04/2018 – CATERPILLAR SAYS BELIEVES GLOBAL ECONOMIC CONDITIONS AND FAVORABLE COMMODITY PRICE LEVELS WILL DRIVE MINERS TO INCREASE CAPITAL EXPENDITURES IN 2018; 05/03/2018 – “Seeing Caterpillar and Harley-Davidson trade higher tells me that traders think this will end diplomatically,” says one strategist; 05/04/2018 – Trump proposes $100 billion more in new tariffs on China; 06/04/2018 – License: JLG Unveils Hungry Caterpillar Subscription App; 03/05/2018 – Caterpillar Announces New Industrial Power Systems Vice President; 06/04/2018 – Option Pit’s Sebastian Has a Trade for Caterpillar (Video)

Analysts await NextEra Energy Partners, LP (NYSE:NEP) to report earnings on July, 25. They expect $0.42 EPS, up 75.00% or $0.18 from last year’s $0.24 per share. NEP’s profit will be $22.81M for 25.87 P/E if the $0.42 EPS becomes a reality. After $1.21 actual EPS reported by NextEra Energy Partners, LP for the previous quarter, Wall Street now forecasts -65.29% negative EPS growth.

Mai Wealth Advisors, which manages about $3.54B and $1.76 billion US Long portfolio, upped its stake in Disney Walt Co. (NYSE:DIS) by 5,789 shares to 61,323 shares, valued at $6.16M in 2018Q1, according to the filing. It also increased its holding in Ishares Msci Eafe Small Cap In (SCZ) by 5,853 shares in the quarter, for a total of 122,692 shares, and has risen its stake in Ishares S&P Small Cap Index (IJR).

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.52, from 1.43 in 2017Q4. It turned negative, as 10 investors sold NEP shares while 54 reduced holdings. 20 funds opened positions while 38 raised stakes. 44.20 million shares or 0.49% more from 43.99 million shares in 2017Q4 were reported. California Employees Retirement has 198,379 shares for 0.01% of their portfolio. 5,307 were reported by Koch Indus. Bluecrest Capital Management Limited accumulated 0.01% or 7,341 shares. Moreover, Brown Advisory Inc has 0% invested in NextEra Energy Partners, LP (NYSE:NEP) for 25,560 shares. Public Employees Retirement Association Of Colorado has invested 0% in NextEra Energy Partners, LP (NYSE:NEP). Artemis Investment Llp owns 170,455 shares for 0.11% of their portfolio. Eii has invested 0.08% in NextEra Energy Partners, LP (NYSE:NEP). Monetary Mngmt Grp owns 13,050 shares. Williams Jones Assocs Ltd Company stated it has 149,925 shares or 0.14% of all its holdings. Mariner Wealth Advisors invested in 0.02% or 9,900 shares. Duff Phelps Inv Mngmt owns 0.63% invested in NextEra Energy Partners, LP (NYSE:NEP) for 1.01M shares. Qci Asset Mngmt has invested 0% in NextEra Energy Partners, LP (NYSE:NEP). Eventide Asset Management Ltd Liability Company reported 802,200 shares. New York-based Jennison Ltd Liability Co has invested 0.09% in NextEra Energy Partners, LP (NYSE:NEP). Adell Harriman Carpenter Incorporated has 0% invested in NextEra Energy Partners, LP (NYSE:NEP) for 36,350 shares.

Among 21 analysts covering Nextera Energy Partners (NYSE:NEP), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Nextera Energy Partners had 42 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of NextEra Energy Partners, LP (NYSE:NEP) earned “Neutral” rating by Macquarie Research on Friday, March 24. The firm has “Buy” rating given on Friday, March 16 by Bank of America. Robert W. Baird initiated the shares of NEP in report on Tuesday, August 25 with “Outperform” rating. As per Tuesday, April 5, the company rating was initiated by RBC Capital Markets. The rating was initiated by JP Morgan on Friday, September 11 with “Neutral”. The firm has “Overweight” rating given on Thursday, August 31 by Barclays Capital. The rating was maintained by Bank of America on Tuesday, October 24 with “Underperform”. On Monday, October 17 the stock rating was upgraded by UBS to “Buy”. The stock has “Hold” rating by RBC Capital Markets on Friday, March 9. BMO Capital Markets maintained it with “Outperform” rating and $45 target in Friday, July 28 report.

More news for NextEra Energy Partners, LP (NYSE:NEP) were recently published by: Fool.com, which released: “1 High-Yield Renewable Energy Stock You’re Overlooking but Shouldn’t” on June 13, 2018. Fool.com‘s article titled: “3 Top Dividend Stocks to Buy in May” and published on May 24, 2018 is yet another important article.

Braun Stacey Associates Inc, which manages about $3.55 billion and $1.45B US Long portfolio, upped its stake in Danaher Corp Shs Ben Int (NYSE:DHR) by 3,225 shares to 134,648 shares, valued at $13.18M in 2018Q1, according to the filing. It also increased its holding in Xylem Inc Com (NYSE:XYL) by 14,480 shares in the quarter, for a total of 57,735 shares, and has risen its stake in Electronic Arts Inc Com (NASDAQ:EA).

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.18, from 1.13 in 2017Q4. It fall, as 72 investors sold CAT shares while 456 reduced holdings. 142 funds opened positions while 358 raised stakes. 390.42 million shares or 3.01% less from 402.55 million shares in 2017Q4 were reported. 2,142 were reported by Ghp Advisors. Fairview Cap Inv Mngmt Lc has 5,640 shares. Loeb Prtnrs holds 1.58% or 24,800 shares in its portfolio. Smith Moore & Co stated it has 5,048 shares or 0.2% of all its holdings. 171,363 were accumulated by Fjarde Ap. Oakmont Limited Liability Co invested in 0.21% or 2,786 shares. Crossvault Cap Ltd reported 18,080 shares. Canandaigua Bancorp reported 17,570 shares or 0.33% of all its holdings. Renaissance Techs Llc holds 0.06% in Caterpillar Inc. (NYSE:CAT) or 373,800 shares. Nippon Life Global Invsts Americas owns 23,470 shares or 0.28% of their US portfolio. Castleark Mgmt Lc stated it has 1.08% of its portfolio in Caterpillar Inc. (NYSE:CAT). Commonwealth Savings Bank Of Australia has 0.13% invested in Caterpillar Inc. (NYSE:CAT). Atria Invs Ltd Llc reported 0.06% of its portfolio in Caterpillar Inc. (NYSE:CAT). Timber Hill Lc reported 19,375 shares stake. 3,833 were reported by King Wealth.

Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on July, 24. They expect $2.65 EPS, up 77.85% or $1.16 from last year’s $1.49 per share. CAT’s profit will be $1.58B for 14.54 P/E if the $2.65 EPS becomes a reality. After $2.82 actual EPS reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -6.03% negative EPS growth.

Among 35 analysts covering Caterpillar Inc. (NYSE:CAT), 18 have Buy rating, 4 Sell and 13 Hold. Therefore 51% are positive. Caterpillar Inc. had 136 analyst reports since July 27, 2015 according to SRatingsIntel. On Friday, September 25 the stock rating was maintained by Citigroup with “Neutral”. The rating was upgraded by BMO Capital Markets to “Outperform” on Monday, July 24. The company was maintained on Tuesday, December 5 by UBS. As per Tuesday, October 11, the company rating was upgraded by Goldman Sachs. S&P Research downgraded it to “Sell” rating and $64 target in Friday, October 23 report. Jefferies maintained Caterpillar Inc. (NYSE:CAT) on Friday, January 26 with “Hold” rating. The firm has “Hold” rating by Robert W. Baird given on Friday, April 13. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by Tigress Financial on Friday, April 27. The firm has “Neutral” rating by Daiwa Securities given on Wednesday, April 25. The company was maintained on Thursday, January 11 by RBC Capital Markets.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Finance.Yahoo.com which released: “Why Caterpillar Inc (NYSE:CAT) Is A Dividend Rockstar” on June 02, 2018, also Benzinga.com with their article: “10 Biggest Price Target Changes For Thursday” published on June 14, 2018, Seekingalpha.com published: “Is Caterpillar Worth Digging Into Now?” on May 24, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar can’t keep up with demand?” published on May 23, 2018 as well as Streetinsider.com‘s news article titled: “Caterpillar (CAT) PT Raised to $185 at UBS; Mining Biz Starting to Ramp” with publication date: June 14, 2018.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

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By1 Migdalia James

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