As Nextera Energy (NEE) Market Valuation Rose, Cramer Rosenthal Mcglynn Has Decreased Its Holding; Bender Robert & Associates Holding in Cognizant Technology Solutio (CTSH) Has Cut by $371,920

June 16, 2018 - By Migdalia James

NextEra Energy, Inc. (NYSE:NEE) Logo

Cramer Rosenthal Mcglynn Llc decreased its stake in Nextera Energy Inc (NEE) by 3.74% based on its latest 2018Q1 regulatory filing with the SEC. Cramer Rosenthal Mcglynn Llc sold 11,485 shares as the company’s stock rose 5.02% while stock markets declined. The institutional investor held 295,993 shares of the public utilities company at the end of 2018Q1, valued at $48.35 million, down from 307,478 at the end of the previous reported quarter. Cramer Rosenthal Mcglynn Llc who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $75.21B market cap company. The stock increased 0.45% or $0.72 during the last trading session, reaching $159.54. About 4.17M shares traded or 104.87% up from the average. NextEra Energy, Inc. (NYSE:NEE) has risen 15.44% since June 16, 2017 and is uptrending. It has outperformed by 2.87% the S&P500. Some Historical NEE News: 21/05/2018 – NextEra Energy to Buy Gulf Power, Florida City Gas, Assets in Deal Valued at $6.475 Billion; 22/03/2018 – FPL delivers best-ever service reliability in 2017, continuing to rank best among all major energy companies in Florida; 30/03/2018 – NextEra Energy and JinkoSolar announce deal for millions of solar panels; JinkoSolar to begin manufacturing solar panels in Flo; 21/05/2018 – NEXTERA ENERGY INC – NEXTERA ENERGY IS EXPECTED TO RAISE 2020 AND 2021 ADJUSTED EARNINGS PER SHARE EXPECTATIONS BY $0.15 & $0.20, RESPECTIVELY; 02/04/2018 – NextEra yieldco finds buyer for Canadian assets; 26/04/2018 – NEXTERA ENERGY INC NEE.N : JP MORGAN RAISES TARGET PRICE TO $171 FROM $170; 02/04/2018 – NextEra Energy Partners, LP announces sale of Canadian renewable portfolio; 12/04/2018 – NEXTERA RESTARTS ST. LUCIE 1 REACTOR, OUTPUT AT 30% POWER: NRC; 24/04/2018 – NEXTERA ENERGY INC – CONTINUES TO EXPECT ADJ SHR TO BE IN THE RANGE OF $7.45 TO $7.95 FOR 2018; 21/05/2018 – NextEra to buy some Southern Co assets for $5.08 bln

Bender Robert & Associates decreased its stake in Cognizant Technology Solutio (CTSH) by 5.3% based on its latest 2018Q1 regulatory filing with the SEC. Bender Robert & Associates sold 4,649 shares as the company’s stock declined 8.67% with the market. The institutional investor held 82,993 shares of the edp services company at the end of 2018Q1, valued at $6.68M, down from 87,642 at the end of the previous reported quarter. Bender Robert & Associates who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $47.28 billion market cap company. The stock increased 2.74% or $2.15 during the last trading session, reaching $80.7. About 7.15 million shares traded or 100.87% up from the average. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since June 16, 2017 and is uptrending. It has outperformed by 0.74% the S&P500. Some Historical CTSH News: 07/05/2018 – COGNIZANT TECHNOLOGY SOLUTIONS CORP CTSH.O SEES FY 2018 NON-GAAP SHR AT LEAST $4.47; 07/05/2018 – Cognizant Tech Solutions Had Seen 2018 Adjusted EPS at Least $4.53; 03/04/2018 – COGNIZANT TECHNOLOGY SOLUTIONS – HIGH COURT IN CHENNAI ALSO GRANTED CO’S APPLICATION FOR A LIFTING OF THE ITD’S ATTACHMENT OF CO’S BANK ACCOUNTS; 07/05/2018 – Cognizant cuts profit forecast due to tax hit; 23/05/2018 – Cognizant Presenting at AllianceBernstein Conference May 30; 14/03/2018 – Cognizant Launches $300 Million Accelerated Share Repurchase; 29/05/2018 – Cognizant Presenting at AllianceBernstein Conference Tomorrow; 23/04/2018 – DJ Cognizant Technology Solutions Corp, Inst Holders, 1Q 2018 (CTSH); 14/03/2018 – COGNIZANT TECHNOLOGY SOLUTIONS CORP – ASR AGREEMENT IS A CONTINUATION OF ITS PREVIOUSLY ANNOUNCED $3.4 BLN CAPITAL RETURN PLAN; 07/05/2018 – Cognizant Tech Solutions Now Sees 2018 Adjusted EPS at Least $4.47

More notable recent Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news were published by: Seekingalpha.com which released: “STMicroelectronics Is Inexpensive – Cramer’s Lightning Round (6/1/18)” on June 04, 2018, also Prnewswire.com with their article: “Cognizant’s Netcentric Named 2018 Adobe Experience Cloud Partner of the Year in EMEA” published on June 14, 2018, Prnewswire.com published: “Australian Utility Endeavour Energy chooses Cognizant for their Digital Transformation” on June 06, 2018. More interesting news about Cognizant Technology Solutions Corporation (NASDAQ:CTSH) were released by: Streetinsider.com and their article: “Cognizant (CTSH) Announces CEO Francisco D’Souza as New Board Vice Chairman” published on June 13, 2018 as well as Investorplace.com‘s news article titled: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” with publication date: June 15, 2018.

Investors sentiment decreased to 0.97 in Q1 2018. Its down 0.22, from 1.19 in 2017Q4. It worsened, as 44 investors sold CTSH shares while 338 reduced holdings. 100 funds opened positions while 269 raised stakes. 491.22 million shares or 0.15% less from 491.94 million shares in 2017Q4 were reported. Choate Investment Advsrs invested in 0% or 69,181 shares. Waddell Reed Financial owns 954,495 shares. Veritable LP owns 0.04% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 24,519 shares. Archford Capital Strategies Llc reported 215 shares. Telemus Capital Ltd Llc has 12,230 shares. M&T National Bank, a New York-based fund reported 138,284 shares. Samlyn Cap Limited Com owns 203,874 shares or 0.36% of their US portfolio. Alpha Windward Limited Liability invested in 0.08% or 1,526 shares. Timber Hill Ltd Liability Company holds 0.2% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 16,379 shares. Stephens Ar accumulated 0.08% or 26,406 shares. Guyasuta Inv Advisors holds 0.03% or 2,733 shares. Jump Trading Ltd Liability Company reported 3,391 shares. 13,037 are owned by Magnetar Financial Ltd. Alta Capital Management Lc invested in 3.3% or 660,397 shares. New Mexico Educational Retirement Board reported 56,178 shares.

Among 33 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. Cognizant Technology Solutions Corp. had 92 analyst reports since August 6, 2015 according to SRatingsIntel. As per Wednesday, November 1, the company rating was upgraded by William Blair. The firm earned “Buy” rating on Wednesday, February 7 by J.P. Morgan. The rating was downgraded by Bank of America to “Underperform” on Tuesday, November 22. On Thursday, November 9 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm earned “Equal-Weight” rating on Thursday, November 2 by Morgan Stanley. The firm has “Outperform” rating given on Thursday, August 6 by BMO Capital Markets. Argus Research upgraded the shares of CTSH in report on Thursday, February 22 to “Buy” rating. Needham maintained the stock with “Buy” rating in Tuesday, February 9 report. The firm earned “Buy” rating on Thursday, April 13 by SunTrust. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Outperform” rating by Robert W. Baird on Thursday, October 19.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on August, 2. They expect $1.03 earnings per share, up 18.39% or $0.16 from last year’s $0.87 per share. CTSH’s profit will be $603.48M for 19.59 P/E if the $1.03 EPS becomes a reality. After $0.99 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 4.04% EPS growth.

Since January 9, 2018, it had 1 insider purchase, and 43 insider sales for $50.42 million activity. Breakiron-Evans Maureen also sold $1.62 million worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Friday, February 16. Mehta Rajeev also sold $3.23 million worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares. Friedrich Matthew W. also sold $220,871 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares. 4,710 shares were sold by Lennox James Patrick, worth $361,983 on Tuesday, June 5. RAMAKRISHNAN CHANDRASEKARAN sold 25,000 shares worth $1.89 million. GOMATAM SUMITHRA sold $123,003 worth of stock or 1,597 shares.

Cramer Rosenthal Mcglynn Llc, which manages about $14.64 billion and $6.12B US Long portfolio, upped its stake in Hanover Insurance Group Inc (NYSE:THG) by 47,500 shares to 455,948 shares, valued at $53.75M in 2018Q1, according to the filing. It also increased its holding in Cooper Companies Inc (NYSE:COO) by 74,765 shares in the quarter, for a total of 149,559 shares, and has risen its stake in Spx Flow Inc.

Among 16 analysts covering Nextera Energy Inc. (NYSE:NEE), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Nextera Energy Inc. had 45 analyst reports since August 5, 2015 according to SRatingsIntel. 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 Thursday, July 6. RBC Capital Markets has “Buy” rating and $14700 target. The firm has “Outperform” rating by Robert W. Baird given on Friday, January 29. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Buy” rating by BMO Capital Markets on Thursday, June 22. Morgan Stanley maintained the shares of NEE in report on Tuesday, February 13 with “Overweight” rating. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by Morgan Stanley on Wednesday, December 13. The rating was maintained by JP Morgan with “Overweight” on Tuesday, April 10. Guggenheim maintained the stock with “Buy” rating in Tuesday, January 2 report. The firm has “Buy” rating by BMO Capital Markets given on Friday, June 2. The rating was maintained by BMO Capital Markets on Monday, April 3 with “Buy”.

Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.19, from 1.04 in 2017Q4. It fall, as 43 investors sold NEE shares while 462 reduced holdings. 98 funds opened positions while 331 raised stakes. 342.36 million shares or 0.59% more from 340.36 million shares in 2017Q4 were reported. Schafer Cullen Management Inc holds 1.71% or 872,293 shares. Hartline Corporation stated it has 0.19% in NextEra Energy, Inc. (NYSE:NEE). Osterweis Mgmt reported 206,025 shares stake. Livingston Group Asset Mgmt Com (Operating As Southport Cap Management) has invested 0.23% in NextEra Energy, Inc. (NYSE:NEE). 2,033 are owned by Argyle Management. Bedell Frazier Investment Counseling Limited Liability Corporation invested in 1,400 shares. Thrivent For Lutherans owns 135,313 shares for 0.07% of their portfolio. Wellington Shields And Limited Co invested in 0.17% or 3,400 shares. Fincl Serv holds 0.46% or 5,514 shares in its portfolio. 10 holds 0.99% or 25,578 shares in its portfolio. 1,370 were accumulated by Rowland Investment Counsel Adv. Richard Bernstein Advisors Limited Liability Co reported 0.03% in NextEra Energy, Inc. (NYSE:NEE). Natl Services Wi holds 2.7% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 17,701 shares. The California-based Main Street Ltd has invested 0.03% in NextEra Energy, Inc. (NYSE:NEE). Schwab Charles Mgmt accumulated 1.68 million shares.

More notable recent NextEra Energy, Inc. (NYSE:NEE) news were published by: Finance.Yahoo.com which released: “Should Income Investors Buy NextEra Energy Inc (NYSE:NEE) Before Its Ex-Dividend?” on June 02, 2018, also Seekingalpha.com with their article: “NextEra Energy: 5th Time Is The Charm” published on May 24, 2018, Seekingalpha.com published: “Florida Purchase Improves The Value Of NextEra” on May 30, 2018. More interesting news about NextEra Energy, Inc. (NYSE:NEE) were released by: Fool.com and their article: “Better Renewable Stock to Buy: NextEra Energy vs. Xcel Energy” published on June 05, 2018 as well as Prnewswire.com‘s news article titled: “AT&T Expands its Renewable Energy Program with NextEra Energy Resources” with publication date: June 15, 2018.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on July, 25. They expect $1.96 earnings per share, up 5.38% or $0.10 from last year’s $1.86 per share. NEE’s profit will be $924.02M for 20.35 P/E if the $1.96 EPS becomes a reality. After $1.94 actual earnings per share reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 1.03% EPS growth.

Since February 6, 2018, it had 0 insider buys, and 10 selling transactions for $27.98 million activity. 18,000 shares valued at $2.90M were sold by ROBO JAMES L on Monday, March 19. The insider Nazar Manoochehr K sold 13,890 shares worth $2.16 million. Arechabala Miguel sold $803,691 worth of stock or 5,093 shares. Silagy Eric E sold $1.79 million worth of stock. 9,250 shares were sold by Pimentel Armando Jr, worth $1.40M on Tuesday, February 6. YEAGER WILLIAM L sold $809,690 worth of stock.

NextEra Energy, Inc. (NYSE:NEE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.