Nextera Energy Partners LP (NEP) Stock Value Rose While Energy Income Partners LLC Has Trimmed Holding

NextEra Energy Partners, LP (NYSE:NEP) LogoInvestors sentiment increased to 1.22 in Q2 2019. Its up 0.26, from 0.96 in 2019Q1. It improved, as 14 investors sold NEP shares while 46 reduced holdings. 27 funds opened positions while 46 raised stakes. 43.81 million shares or 3.54% less from 45.42 million shares in 2019Q1 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in NextEra Energy Partners, LP (NYSE:NEP) for 3,564 shares. Beach Inv Counsel Incorporated Pa stated it has 1.27 million shares or 7.03% of all its holdings. Moreover, Pnc Svcs Inc has 0% invested in NextEra Energy Partners, LP (NYSE:NEP). 2,200 are held by Kings Point. Td Asset Mgmt stated it has 0% of its portfolio in NextEra Energy Partners, LP (NYSE:NEP). Sg Americas Ltd Liability Com owns 9,504 shares. Williams Jones & Associate Limited Co reported 170,960 shares. Hilton Cap Mgmt Lc invested in 30 shares. Citigroup holds 0% of its portfolio in NextEra Energy Partners, LP (NYSE:NEP) for 3,802 shares. Stifel stated it has 0.01% in NextEra Energy Partners, LP (NYSE:NEP). Atria Ltd Liability Corp has 5,983 shares. A D Beadell Counsel holds 149,920 shares. Silvercrest Asset Management Gp Ltd Limited Liability Company has 4,465 shares. Moreover, Trexquant Investment Ltd Partnership has 0.03% invested in NextEra Energy Partners, LP (NYSE:NEP) for 8,009 shares. Fincl Bank Of America De reported 365,999 shares.

Energy Income Partners Llc decreased its stake in Nextera Energy Partners LP (NEP) by 2.7% based on its latest 2019Q2 regulatory filing with the SEC. Energy Income Partners Llc sold 145,884 shares as the company’s stock rose 6.25% . The hedge fund held 5.25M shares of the public utilities company at the end of 2019Q2, valued at $253.52M, down from 5.40M at the end of the previous reported quarter. Energy Income Partners Llc who had been investing in Nextera Energy Partners LP for a number of months, seems to be less bullish one the $2.86 billion market cap company. The stock decreased 0.66% or $0.34 during the last trading session, reaching $51. About 274,787 shares traded or 9.80% up from the average. NextEra Energy Partners, LP (NYSE:NEP) has risen 3.91% since September 13, 2018 and is uptrending. It has outperformed by 3.91% the S&P500.

Energy Income Partners Llc, which manages about $4.12 billion and $5.71B US Long portfolio, upped its stake in Phillips 66 Partners Lp (NYSE:PSXP) by 322,213 shares to 2.59M shares, valued at $127.83 million in 2019Q2, according to the filing. It also increased its holding in Ppl Corp (NYSE:PPL) by 182,999 shares in the quarter, for a total of 3.21 million shares, and has risen its stake in Magellan Midstream Prtnrs Lp (NYSE:MMP).

Analysts await NextEra Energy Partners, LP (NYSE:NEP) to report earnings on October, 22. They expect $0.63 earnings per share, up 8.62 % or $0.05 from last year’s $0.58 per share. NEP’s profit will be $35.38M for 20.24 P/E if the $0.63 EPS becomes a reality. After $-0.49 actual earnings per share reported by NextEra Energy Partners, LP for the previous quarter, Wall Street now forecasts -228.57 % EPS growth.

More notable recent NextEra Energy Partners, LP (NYSE:NEP) news were published by: Zacks.com which released: “Will NextEra Energy Partners (NEP) Post a Beat in Q1 Earnings? – Zacks.com” on April 18, 2019, also Seekingalpha.com with their article: “Nextera Energy Partners: A Concealed Gamble – Seeking Alpha” published on April 03, 2019, Prnewswire.com published: “NextEra Energy Partners, LP announces the pricing of $700 million of 4.25% senior unsecured notes due 2024 – PRNewswire” on June 24, 2019. More interesting news about NextEra Energy Partners, LP (NYSE:NEP) were released by: Finance.Yahoo.com and their article: “Is Nextera Energy Partners LP (NEP) A Good Stock To Buy ? – Yahoo Finance” published on April 29, 2019 as well as Seekingalpha.com‘s news article titled: “NextEra Energy Partners declares $0.5025 dividend – Seeking Alpha” with publication date: July 24, 2019.

NextEra Energy Partners, LP (NYSE:NEP) Institutional Positions Chart

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