US Bancorp DE lessened its position in shares of NextEra Energy (NYSE:NEE) by 3.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 547,192 shares of the utilities provider’s stock after selling 18,808 shares during the period. US Bancorp DE owned about 0.12% of NextEra Energy worth $89,372,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Taylor Hoffman Wealth Management acquired a new position in NextEra Energy during the 4th quarter worth approximately $106,000. D Orazio & Associates Inc. acquired a new position in NextEra Energy during the 4th quarter worth approximately $113,000. Cerebellum GP LLC acquired a new position in NextEra Energy during the 4th quarter worth approximately $128,000. Keeler Thomas Management LLC acquired a new position in NextEra Energy during the 4th quarter worth approximately $129,000. Finally, Centersquare Investment Management LLC acquired a new position in NextEra Energy during the 1st quarter worth approximately $150,000. Institutional investors own 76.38% of the company’s stock.
Top Energy Stocks To Invest In Right Now: Equus Total Return, Inc.(EQS)
Advisors' Opinion:- [By Joseph Griffin]
Media coverage about Equus Total Return (NYSE:EQS) has trended positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Equus Total Return earned a coverage optimism score of 0.39 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 51.7885599154335 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the near future.
- [By Anders Melin]
Taking that a step further, you can run searches on the Equity Screening (EQS) function using the new pay metrics or data on say-on-pay, which refers to shareholders’ right to vote on management remuneration. To see Russell 1000 companies with the lowest support on pay, for example, go to {EQS <GO>}. In the Add Criteria field, enter RIY and click on the Russell 1000 Index match. Next, enter Say on Pay, click on the Say on Pay Support Level item, and press <GO>. Click on the See Results | WATC button for a list of companies in the benchmark that you can sort by the percentage of shareholders supporting management on pay.
Top Energy Stocks To Invest In Right Now: Teva Pharmaceutical Industries Limited(TEVA)
Advisors' Opinion:- [By Shane Hupp]
Jafra Capital Management LP purchased a new stake in Teva Pharmaceutical Industries Ltd (NYSE:TEVA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 315,000 shares of the company’s stock, valued at approximately $7,661,000. Teva Pharmaceutical Industries accounts for 2.7% of Jafra Capital Management LP’s portfolio, making the stock its 5th largest position.
- [By Dan Caplinger]
The stock market soared on Thursday, with the Dow Jones Industrial Average climbing nearly 400 points and other major benchmarks following suit with solid gains. The big news that investors took positively was the decision by the U.S. and China to hold a new round of trade talks. Those watching the trade conflict believe that the move signals a potential lessening of tensions that could even result in a long-term solution for the two trading partners. Some stocks benefited from the prospects of better relations with China, but others rose due to good news of their own. Symantec (NASDAQ:SYMC), Teva Pharmaceutical Industries (NYSE:TEVA), and Century Aluminum (NASDAQ:CENX) were among the best performers on the day. Here's why they did so well.
- [By Jon C. Ogg]
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was raised to Outperform from Market Perform with a $22 target price (versus a $17.63 close) at Raymond James.
- [By Dan Caplinger]
Thursday was a good day on Wall Street, with the broad-based S&P 500 climbing out of an early hole to gain about half a percent on the day. Concerns about the ongoing escalation of trade disputes evaporated in light of strong performance from the technology sector, which sent the Nasdaq Composite up sharply. Even with the broader gains, some stocks missed out on the market's optimism. Wynn Resorts (NASDAQ:WYNN), Red Robin Gourmet Burgers (NASDAQ:RRGB), and Teva Pharmaceutical Industries (NYSE:TEVA) were among the worst performers. Here's why they did so poorly.
Top Energy Stocks To Invest In Right Now: Phillips 66 Partners LP(PSXP)
Advisors' Opinion:- [By Matthew DiLallo]
While those customer commitments were hard to come by over the past few years due to the turbulence in the oil market, energy companies are beginning to grow more optimistic about the future. Because of that, Phillips 66 Partners (NYSE:PSXP) and several other partners were able to secure the necessary commitments to move forward with the Gray Oak Pipeline, which will transport oil out of the fast-growing Permian Basin. That project will enable these companies to generate more income, likely allowing them to boost their already above-average payouts.
- [By Matthew DiLallo]
The region's capacity constraints will likely hold back the Permian's growth engine until the end of next year, when new pipelines enter service. One of those projects is the Grey Oak Pipeline system, which is an 800,000-BPD pipeline under development by Phillips 66 Partners (NYSE:PSXP) and Andeavor (NYSE:ANDX). The companies currently expect the $2 billion oil pipeline to start up by the end of 2019.
- [By Reuben Gregg Brewer]
Investing in midstream master limited partnerships is generally all about the distributions, which the tax-efficient corporate structure is designed to provide to unitholders. However, that doesn't always mean a high distribution yield is the goal, which is the key to determining if Holly Energy Partners, LP (NYSE:HEP) or Phillips 66 Partners LP (NYSE:PSXP) is the better buy. Here's what you need to know to make an informed decision between these stocks.
- [By Tyler Crowe]
Over the past few years, much of the company's growth capital spending has been for its midstream segment. It appears the trend will continue in 2019. In the company's capital budget for this year, it expects to spend about $2.9 billion. A little less than half of that will go toward midstream assets that include its investments in subsidiary master limited partnership Phillips 66 Partners (NYSE:PSXP). Management still believes that the greatest source of returns right now is increasing pipeline access from high-growth shale basins to major demand centers such as the U.S. Gulf Coast.
- [By Tyler Crowe]
Data source: Enbridge.
The highlights Enbridge closed all of the outstanding deals for its subsidiary partnerships, making it a single entity. Management announced it had secured three new major capital projects that will add CA$1.8 billion to its project backlog. These include the Gray Oak pipeline, a joint venture with Phillips 66 Partners (NYSE:PSXP) and Marathon Petroleum (NYSE:MPC), and several expansions of its gas transmission in the Gulf Coast region. It's flagship project -- the Line 3 replacement -- got over a few more regulatory hurdles that allowed it to start the federal and Minnesota state permitting process. With construction ongoing in Canada, it expects to complete both the Canadian and U.S. portion of the line in the second half of 2019. The board of directors approved a 10% increase to its dividend in 2019 and anticipates another 10% increase in 2020. Management is projecting a 5% to 7% increase in distributable cash flow per share beyond 2020. In January after the end of the fourth quarter, financial rating agency Moody's upgraded Enbridge's senior unsecured debt. Management projects that net debt to adjusted EBITDA will be around 4.5 times for 2019 and lower for 2020.Image source: Getty Images.
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