Weiss Multi-Strategy Advisers Continues to Hold Position in Nextera Energy Partners LP (NEP); Live Your Vision Has Trimmed Its Exxon Mobil Com (XOM) Stake by $498,569; Shares Declined

June 23, 2018 - By Adrian Erickson

NextEra Energy Partners, LP (NYSE:NEP) Logo

Weiss Multi-Strategy Advisers Llc increased its stake in Nextera Energy Partners Lp (NEP) by 31.09% based on its latest 2018Q1 regulatory filing with the SEC. Weiss Multi-Strategy Advisers Llc bought 18,652 shares as the company’s stock rose 11.43% while stock markets declined. The hedge fund held 78,652 shares of the public utilities company at the end of 2018Q1, valued at $3.15M, up from 60,000 at the end of the previous reported quarter. Weiss Multi-Strategy Advisers Llc who had been investing in Nextera Energy Partners Lp for a number of months, seems to be bullish on the $2.47 billion market cap company. The stock increased 0.96% or $0.43 during the last trading session, reaching $45.41. About 1.19 million shares traded or 481.69% up from the average. NextEra Energy Partners, LP (NYSE:NEP) has risen 27.27% since June 23, 2017 and is uptrending. It has outperformed by 14.70% the S&P500. Some Historical NEP News: 24/04/2018 – NextEra Energy Partners Sees 12%-15% Per-Year Growth in LP Distributions Through at Least 202; 24/04/2018 – NextEra Energy Partners, LP first-quarter 2018 financial results available on partnership’s website; 24/04/2018 – NEXTERA ENERGY PARTNERS SEES FY ADJ EBITDA $1.00B TO $1.15B; 19/04/2018 – DJ NextEra Energy Partners LP, Inst Holders, 1Q 2018 (NEP); 02/04/2018 – NextEra Energy Partners to Redeploy Proceeds to Acquire Higher-Yielding U.S. Assets; 04/04/2018 – Fitch Affirms Ratings for NextEra and FPL; Outlook Stable; 14/05/2018 – NextEra Energy Partners Forms Golden Cross: Technicals; 02/04/2018 – NEXTERA ENERGY PARTNERS – AN AFFILIATE OF CO TO CONTINUE TO OPERATE ALL FACILITIES INCLUDED IN DEAL UNDER A 10-YEAR SERVICES AGREEMENT WITH CPPIB; 24/04/2018 – NextEra Energy Partners 1Q Net $73M; 26/04/2018 – NEXTERA ENERGY PARTNERS LP NEP.N : JP MORGAN RAISES TARGET PRICE TO $40 FROM $38

Live Your Vision Llc decreased its stake in Exxon Mobil Corp Com (XOM) by 60.77% based on its latest 2018Q1 regulatory filing with the SEC. Live Your Vision Llc sold 6,311 shares as the company’s stock declined 0.16% with the market. The institutional investor held 4,074 shares of the integrated oil company at the end of 2018Q1, valued at $324,000, down from 10,385 at the end of the previous reported quarter. Live Your Vision Llc who had been investing in Exxon Mobil Corp Com for a number of months, seems to be less bullish one the $344.55B market cap company. The stock increased 2.12% or $1.69 during the last trading session, reaching $81.38. About 16.71M shares traded or 23.64% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 23, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 28/03/2018 – WOODSIDE PETROLEUM LTD WPL.AX – ACQUISITION OF EXXONMOBIL’S INTEREST IN SCARBOROUGH GAS FIELD HAS BEEN COMPLETED; 30/05/2018 – EXXON PRESS CONFERENCE ENDS; 29/03/2018 – Federal Judge Dismisses Exxon Lawsuit Against Climate-Change Probes; 23/04/2018 – EXXON BILLINGS MONTANA HYDROCRACKER RESTART PUSHED BACK TILL FIRST WEEK OF MAY; 09/05/2018 – Algeria Reaches Deal to Buy Exxon Italian Refinery: Sonatrach; 16/04/2018 – China shale gas output to nearly double over 3 years – consultancy; 29/03/2018 – DUTCH GOVERNMENT BASE CASE SHOWS GRONINGEN PRODUCTION FALLING TO 17.5 BCM FOR YEAR STARTING OCT. 2019; 29/03/2018 – EXXON QPI AND PETROBRAS WIN BLOCK IN CAMPOS BASIN IN BRAZIL OIL AUCTION; 27/04/2018 – Energy Gives Back Some Gains After Exxon Earnings — Energy Roundup; 25/04/2018 – HESS CORP HES.N CEO SAYS FIRST PRODUCTION IN GUYANA PACORA PROJECT EXPECTED BY 2023

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 97 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Buy” on Tuesday, September 19. The rating was upgraded by HSBC on Thursday, March 15 to “Buy”. Bank of America downgraded the stock to “Neutral” rating in Thursday, June 2 report. The rating was upgraded by Vetr on Thursday, August 20 to “Buy”. The firm has “Underperform” rating given on Wednesday, November 18 by Raymond James. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Sell” rating given on Tuesday, January 26 by Tudor Pickering. The company was maintained on Wednesday, October 18 by Morgan Stanley. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Long-Term Buy” rating by Hilliard Lyons on Wednesday, June 7. Barclays Capital maintained Exxon Mobil Corporation (NYSE:XOM) on Tuesday, January 12 with “Equal Weight” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Market Perform” rating by Wells Fargo on Wednesday, January 11.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.19 EPS, up 52.56% or $0.41 from last year’s $0.78 per share. XOM’s profit will be $5.04 billion for 17.10 P/E if the $1.19 EPS becomes a reality. After $1.09 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 9.17% EPS growth.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Fool.com which released: “ExxonMobil Is Spending Billions of Dollars to Solve the Permian Basin’s Biggest Problem” on June 13, 2018, also Fool.com with their article: “Better Buy: ConocoPhillips vs. ExxonMobil Corporation” published on June 22, 2018, Seekingalpha.com published: “Exxon Mobil Becomes A Political Battleground” on May 25, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: 247Wallst.com and their article: “McDonalds, Verizon Lift the Dow Friday” published on June 22, 2018 as well as Bizjournals.com‘s news article titled: “Study: These DFW companies rank among America’s most valuable brands” with publication date: June 22, 2018.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.03, from 0.84 in 2017Q4. It worsened, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. Georgia-based Cacti Asset Mgmt Lc has invested 2.62% in Exxon Mobil Corporation (NYSE:XOM). Klingenstein Fields Communication Ltd Company accumulated 112,609 shares or 0.32% of the stock. New York-based Matrix Asset Advsrs Incorporated Ny has invested 1.08% in Exxon Mobil Corporation (NYSE:XOM). Davis holds 24,486 shares. Gw Henssler has invested 1.35% in Exxon Mobil Corporation (NYSE:XOM). Moreover, Community Natl Bank Na has 1.68% invested in Exxon Mobil Corporation (NYSE:XOM). 1.09M were reported by Los Angeles Cap Mgmt And Equity Rech. Pinebridge Lp invested in 0.68% or 382,950 shares. Washington Tru Comml Bank has invested 0.63% in Exxon Mobil Corporation (NYSE:XOM). Buckhead Capital Management Llc invested in 1.5% or 91,039 shares. Flossbach Von Storch Ag, Germany-based fund reported 192,040 shares. Cibc Bancorporation Usa stated it has 33,978 shares or 0.35% of all its holdings. Qci Asset holds 2.01% or 254,688 shares in its portfolio. Aspiriant holds 0.13% in Exxon Mobil Corporation (NYSE:XOM) or 20,203 shares. Holowesko Prtnrs Limited stated it has 9.71% in Exxon Mobil Corporation (NYSE:XOM).

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.52, from 1.43 in 2017Q4. It dived, 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. 1.18M were accumulated by 1832 Asset Ltd Partnership. Blackrock Inc accumulated 2.63M shares. Wells Fargo & Mn invested in 183,741 shares. Price T Rowe Md invested in 0.01% or 1.88M shares. Mariner Wealth has invested 0.02% in NextEra Energy Partners, LP (NYSE:NEP). Envestnet Asset Management Inc invested in 570 shares or 0% of the stock. Eaton Vance Management invested in 0.06% or 649,522 shares. Artemis Ltd Liability Partnership has 170,455 shares. 43,344 are owned by Stifel Financial. Texas Yale holds 68,005 shares or 0.23% of its portfolio. Gabelli Funds reported 0.02% of its portfolio in NextEra Energy Partners, LP (NYSE:NEP). Hightower Advsr Ltd, Illinois-based fund reported 62,646 shares. Advisory Research Inc holds 297,938 shares or 0.21% of its portfolio. Fmr Ltd Limited Liability Company invested in 0.01% or 1.66M shares. Duff & Phelps Inv Mgmt invested 0.63% of its portfolio in NextEra Energy Partners, LP (NYSE:NEP).

More news for NextEra Energy Partners, LP (NYSE:NEP) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Opus Bank, NextEra Energy Partners, LP, AMN Healthcare Services, Texas …” on June 18, 2018. Fool.com‘s article titled: “1 High-Yield Renewable Energy Stock You’re Overlooking but Shouldn’t” and published on June 13, 2018 is yet another important article.

Weiss Multi-Strategy Advisers Llc, which manages about $7.01B and $3.16B US Long portfolio, decreased its stake in Nrg Energy Inc (NYSE:NRG) by 166,174 shares to 360,000 shares, valued at $10.99M in 2018Q1, according to the filing. It also reduced its holding in Newfield Expl (NYSE:NFX) by 41,000 shares in the quarter, leaving it with 59,000 shares, and cut its stake in Williams Cos (NYSE:WMB).

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