Sfe Investment Counsel Decreased Nextera Energy (NEE) Position; Orbcomm (ORBC) Shorts Up By 13.19%

January 16, 2018 - By Henry Gaston

Sfe Investment Counsel decreased Nextera Energy Inc (NEE) stake by 10.84% reported in 2017Q3 SEC filing. Sfe Investment Counsel sold 2,215 shares as Nextera Energy Inc (NEE)’s stock rose 8.22%. The Sfe Investment Counsel holds 18,210 shares with $2.67 million value, down from 20,425 last quarter. Nextera Energy Inc now has $70.82B valuation. The stock increased 0.15% or $0.2308 during the last trading session, reaching $150.5508. About 41,872 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 15.94% since January 16, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Orbcomm Incorporated (NASDAQ:ORBC) had an increase of 13.19% in short interest. ORBC’s SI was 4.42 million shares in January as released by FINRA. Its up 13.19% from 3.90M shares previously. With 535,400 avg volume, 8 days are for Orbcomm Incorporated (NASDAQ:ORBC)’s short sellers to cover ORBC’s short positions. The SI to Orbcomm Incorporated’s float is 7.04%. The stock increased 1.02% or $0.11 during the last trading session, reaching $10.89. About 6,854 shares traded. ORBCOMM Inc. (NASDAQ:ORBC) has risen 5.18% since January 16, 2017 and is uptrending. It has underperformed by 11.52% the S&P500.

Since August 3, 2017, it had 0 insider purchases, and 4 sales for $9.61 million activity. ROBO JAMES L sold $4.41 million worth of stock. KETCHUM JOHN W had sold 2,900 shares worth $435,000. Another trade for 2,000 shares valued at $300,000 was made by Kelliher Joseph T on Wednesday, October 11. Sieving Charles E sold $4.47M worth of stock or 30,485 shares.

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 $625.63 million for 28.30 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.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.02, from 0.97 in 2017Q2. It fall, 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. Calamos Advsr Limited Co reported 0.11% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Inspirion Wealth Limited Liability Co has 0.19% invested in NextEra Energy, Inc. (NYSE:NEE) for 2,620 shares. Opus Group Limited Liability Corporation has invested 0.26% in NextEra Energy, Inc. (NYSE:NEE). Kanawha Capital Mngmt Ltd has 0.03% invested in NextEra Energy, Inc. (NYSE:NEE). L And S Advsrs holds 0.2% or 8,270 shares. Raymond James Ser holds 0.14% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 146,320 shares. Concorde Asset Mgmt Limited Company reported 1,425 shares stake. Cantab Prtn Llp invested 0.02% in NextEra Energy, Inc. (NYSE:NEE). North Star Investment Mgmt reported 0.14% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Summit Asset Mgmt Limited Liability Com, a Tennessee-based fund reported 3,675 shares. Jefferies Group Limited Liability Com has invested 0.04% in NextEra Energy, Inc. (NYSE:NEE). Schmidt P J Invest Mngmt Inc, Wisconsin-based fund reported 29,866 shares. Peoples Fincl accumulated 0.81% or 9,758 shares. First City Mgmt Inc reported 3,110 shares stake. Eqis Cap Mngmt reported 19,308 shares.

Sfe Investment Counsel increased Texas Instrs Inc (NASDAQ:TXN) stake by 5,205 shares to 8,965 valued at $804,000 in 2017Q3. It also upped Alphabet Inc stake by 537 shares and now owns 1,768 shares. Spdr Series Trust (KBE) was raised too.

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. The stock of NextEra Energy, Inc. (NYSE:NEE) has “Overweight” rating given on Friday, March 18 by Barclays Capital. Goldman Sachs upgraded the shares of NEE in report on Monday, October 16 to “Buy” rating. The stock of NextEra Energy, Inc. (NYSE:NEE) has “Buy” rating given on Monday, July 31 by RBC Capital Markets. Deutsche Bank maintained NextEra Energy, Inc. (NYSE:NEE) rating on Monday, October 5. Deutsche Bank has “Buy” rating and $112 target. Zacks upgraded NextEra Energy, Inc. (NYSE:NEE) on Monday, August 31 to “Hold” rating. Howard Weil initiated it with “Sector Outperform” rating and $122 target in Tuesday, November 17 report. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Neutral” rating by JP Morgan on Thursday, October 12. On Friday, August 7 the stock rating was maintained by Argus Research with “Buy”. RBC Capital Markets maintained NextEra Energy, Inc. (NYSE:NEE) rating on Sunday, October 8. RBC Capital Markets has “Buy” rating and $150.0 target. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, December 13 report.

Investors sentiment decreased to 1.31 in 2017 Q3. Its down 0.38, from 1.69 in 2017Q2. It fall, as 15 investors sold ORBCOMM Inc. shares while 33 reduced holdings. 19 funds opened positions while 44 raised stakes. 55.19 million shares or 1.16% more from 54.56 million shares in 2017Q2 were reported. Moreover, Pinnacle Associate has 0% invested in ORBCOMM Inc. (NASDAQ:ORBC). Jpmorgan Chase holds 0% or 29,018 shares. North Star Inv Mngmt, a Illinois-based fund reported 3,000 shares. Connors Investor Ser Inc holds 0.03% or 20,000 shares in its portfolio. 83,945 were reported by Gsa Llp. Fmr Ltd reported 0% stake. Pier Ltd Limited Liability Company holds 382,919 shares or 0.7% of its portfolio. Guggenheim Capital Limited Liability Company stated it has 125,584 shares or 0% of all its holdings. Us Bank De holds 0% in ORBCOMM Inc. (NASDAQ:ORBC) or 3,078 shares. Swiss Commercial Bank invested in 0% or 113,500 shares. Atlantic Grp Ltd Company reported 84,000 shares stake. Comml Bank Of Nova Scotia reported 21,555 shares. Granite Inv Ptnrs Ltd Liability owns 1.72 million shares for 1.12% of their portfolio. Art Advsrs Limited Company holds 0.03% or 49,438 shares. Highbridge Capital Mngmt Limited Liability Company reported 0% of its portfolio in ORBCOMM Inc. (NASDAQ:ORBC).

ORBCOMM Inc. provides machine-to-machine and Internet of things solutions in the United States, South America, Japan, Europe, and internationally. The company has market cap of $809.05 million. It offers solutions, including network connectivity, device management, and Web reporting applications that enable businesses and government agencies to track, monitor, and control and communicate with fixed and mobile assets. It currently has negative earnings. The firm also provides satellite automatic identification service data services for vessel navigation and to enhance maritime safety using various network platforms, including its own constellation of low-Earth orbit satellites, and accompanying ground infrastructure to government and commercial customers.

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