As Raymond James Financial (RJF) Stock Price Declined, Private Capital Management Trimmed Holding by $362,408; Centerpoint Energy (CNP) Shareholder Zimmer Partners LP Has Boosted Position

May 13, 2018 - By Adrian Erickson

CenterPoint Energy, Inc. (NYSE:CNP) Logo

Private Capital Management Llc decreased its stake in Raymond James Financial Inc. (RJF) by 1.86% based on its latest 2017Q4 regulatory filing with the SEC. Private Capital Management Llc sold 4,072 shares as the company’s stock declined 3.30% with the market. The institutional investor held 214,922 shares of the finance company at the end of 2017Q4, valued at $19.19M, down from 218,994 at the end of the previous reported quarter. Private Capital Management Llc who had been investing in Raymond James Financial Inc. for a number of months, seems to be less bullish one the $13.20B market cap company. The stock increased 0.69% or $0.64 during the last trading session, reaching $93.76. About 484,762 shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 18.83% since May 13, 2017 and is uptrending. It has outperformed by 7.28% the S&P500.

Stuart J. Zimmer increased its stake in Centerpoint Energy Inc (CNP) by 293.26% based on its latest 2017Q4 regulatory filing with the SEC. Zimmer Partners Lp bought 391,500 shares as the company’s stock declined 3.49% with the market. The hedge fund run by Stuart J. Zimmer held 525,000 shares of the public utilities company at the end of 2017Q4, valued at $14.89M, up from 133,500 at the end of the previous reported quarter. Zimmer Partners Lp who had been investing in Centerpoint Energy Inc for a number of months, seems to be bullish on the $11.51B market cap company. The stock increased 0.15% or $0.04 during the last trading session, reaching $26.68. About 2.33M shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has declined 2.17% since May 13, 2017 and is downtrending. It has underperformed by 13.72% the S&P500.

More recent Raymond James Financial, Inc. (NYSE:RJF) news were published by: Nasdaq.com which released: “Report: Developing Opportunities within Canada Goose, Viking Therapeutics, Vector Group, Bruker, Air Transport …” on April 19, 2018. Also Seekingalpha.com published the news titled: “Raymond James Financial (RJF) Q2 2018 Results – Earnings Call Transcript” on April 26, 2018. Streetinsider.com‘s news article titled: “Raymond James Financial (RJF) Announces Dennis Zank to Retire as COO” with publication date: April 18, 2018 was also an interesting one.

Private Capital Management Llc, which manages about $900.00M and $622.46M US Long portfolio, upped its stake in Carrols Restaurant Group Inc. (NASDAQ:TAST) by 218,247 shares to 1.95 million shares, valued at $23.67M in 2017Q4, according to the filing. It also increased its holding in Caesarstone Ltd. (NASDAQ:CSTE) by 163,825 shares in the quarter, for a total of 422,830 shares, and has risen its stake in Allergan Plc.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.18, from 1.03 in 2017Q3. It is positive, as 29 investors sold RJF shares while 139 reduced holdings. 60 funds opened positions while 143 raised stakes. 97.95 million shares or 0.86% more from 97.11 million shares in 2017Q3 were reported. Ashfield Ptnrs Ltd Llc holds 0.1% in Raymond James Financial, Inc. (NYSE:RJF) or 8,702 shares. Cornerstone Advisors Incorporated holds 0.03% or 448 shares in its portfolio. Deutsche Bankshares Ag holds 0.03% in Raymond James Financial, Inc. (NYSE:RJF) or 490,608 shares. Lsv Asset Management stated it has 4,900 shares. Bp Pcl invested in 15,000 shares. Regions reported 0.03% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Old Mutual Customised Solutions (Proprietary) Ltd invested in 0.07% or 7,700 shares. Cornerstone Mgmt Ltd Liability reported 39,798 shares or 0.02% of all its holdings. Price T Rowe Assoc Inc Md owns 222,952 shares or 0% of their US portfolio. Texas Permanent School Fund invested 0.04% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Cipher Limited Partnership holds 2,708 shares. Advisor Prns Ltd Liability Com stated it has 2,270 shares or 0.04% of all its holdings. State Of New Jersey Common Pension Fund D holds 700,000 shares or 0.24% of its portfolio. Andra Ap holds 0.09% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF) for 45,000 shares. M&T National Bank & Trust reported 0% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF).

Among 13 analysts covering Raymond James Financial Inc. (NYSE:RJF), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Raymond James Financial Inc. had 42 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Monday, October 26. Keefe Bruyette & Woods maintained Raymond James Financial, Inc. (NYSE:RJF) rating on Thursday, October 5. Keefe Bruyette & Woods has “Hold” rating and $88.0 target. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, February 26. On Friday, April 7 the stock rating was maintained by Wood with “Hold”. Nomura maintained the shares of RJF in report on Thursday, July 13 with “Buy” rating. As per Thursday, January 25, the company rating was maintained by Keefe Bruyette & Woods. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Neutral” rating by Citigroup on Monday, November 13. Wood maintained Raymond James Financial, Inc. (NYSE:RJF) rating on Thursday, May 25. Wood has “Hold” rating and $85 target. Wells Fargo upgraded Raymond James Financial, Inc. (NYSE:RJF) on Thursday, September 14 to “Outperform” rating. Buckingham Research maintained Raymond James Financial, Inc. (NYSE:RJF) on Friday, January 26 with “Buy” rating.

Since December 11, 2017, it had 0 insider buys, and 8 selling transactions for $6.66 million activity. Shares for $1.97M were sold by ZANK DENNIS W on Friday, March 9. Elwyn Tashtego S sold $708,327 worth of stock or 7,275 shares. 12,681 shares were sold by REILLY PAUL C, worth $1.11M on Thursday, December 14. On Tuesday, January 30 the insider Bunn James E sold $288,930. $637,894 worth of Raymond James Financial, Inc. (NYSE:RJF) was sold by Allison Paul D. $44,675 worth of Raymond James Financial, Inc. (NYSE:RJF) was sold by Catanese George on Friday, December 15.

Zimmer Partners Lp, which manages about $1.50 billion and $4.11 billion US Long portfolio, decreased its stake in Kilroy Rlty Corp (NYSE:KRC) by 10,000 shares to 200,000 shares, valued at $14.93M in 2017Q4, according to the filing. It also reduced its holding in Parsley Energy Inc (NYSE:PE) by 1.98 million shares in the quarter, leaving it with 4.62 million shares, and cut its stake in Charter Communications Inc N.

Among 14 analysts covering CenterPoint (NYSE:CNP), 3 have Buy rating, 1 Sell and 10 Hold. Therefore 21% are positive. CenterPoint had 42 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Hold” rating by SunTrust on Friday, February 23. As per Tuesday, January 12, the company rating was maintained by Argus Research. On Monday, August 14 the stock rating was upgraded by Credit Suisse to “Neutral”. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Hold” rating by RBC Capital Markets on Sunday, September 10. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Neutral” rating by Credit Suisse on Tuesday, October 13. The rating was maintained by SunTrust on Monday, February 12 with “Hold”. The firm earned “Sell” rating on Thursday, March 22 by Bank of America. SunTrust maintained CenterPoint Energy, Inc. (NYSE:CNP) on Monday, March 7 with “Neutral” rating. The company was maintained on Monday, September 26 by SunTrust. As per Tuesday, December 26, the company rating was maintained by SunTrust.

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.08, from 1.12 in 2017Q3. It fall, as 24 investors sold CNP shares while 166 reduced holdings. 48 funds opened positions while 149 raised stakes. 316.82 million shares or 2.20% less from 323.95 million shares in 2017Q3 were reported. Icon Advisers Co holds 121,900 shares. Deprince Race And Zollo has invested 0.38% in CenterPoint Energy, Inc. (NYSE:CNP). Employees Retirement Systems Of Texas reported 0.02% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Waverton Investment reported 30,723 shares. Webster National Bank & Trust N A accumulated 1,290 shares or 0.01% of the stock. Mirador Capital Prtn Lp stated it has 7,999 shares or 0.12% of all its holdings. Keybank Association Oh reported 0% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Kennedy Mgmt owns 185,511 shares for 0.09% of their portfolio. Utah Retirement Systems holds 80,239 shares or 0.05% of its portfolio. Edgemoor Invest Advsr has 0.58% invested in CenterPoint Energy, Inc. (NYSE:CNP) for 167,446 shares. Ashfield Prtnrs holds 0.07% or 19,425 shares in its portfolio. Etrade Ltd Liability has 17,335 shares. Adirondack reported 8,200 shares. Welch Grp Ltd Co holds 0.02% in CenterPoint Energy, Inc. (NYSE:CNP) or 5,231 shares. Bankshares Of Montreal Can holds 1.25M shares.

More recent CenterPoint Energy, Inc. (NYSE:CNP) news were published by: Seekingalpha.com which released: “Dissecting CenterPoint’s Acquisition Of Vectren Corp.” on April 24, 2018. Also Globenewswire.com published the news titled: “New Research: Key Drivers of Growth for EW Scripps, Switch, Realogy, The Charles Schwab, CenterPoint Energy, and …” on May 11, 2018. Seekingalpha.com‘s news article titled: “CenterPoint Energy On Point In 2018” with publication date: April 30, 2018 was also an interesting one.

CenterPoint Energy, Inc. (NYSE:CNP) Institutional Positions Chart

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