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Financial Consulate Raised Its General Electric Co (GE) Holding by $2.33 Million; Lehman Financial Resources Has Decreased Nextera Energy Com (NEE) Holding by $1.03 Million

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Financial Consulate Inc increased its stake in General Electric Co (GE) by 637.92% based on its latest 2017Q4 regulatory filing with the SEC. Financial Consulate Inc bought 136,980 shares as the company’s stock declined 23.20% with the market. The institutional investor held 158,453 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.77M, up from 21,473 at the end of the previous reported quarter. Financial Consulate Inc who had been investing in General Electric Co for a number of months, seems to be bullish on the $130.02 billion market cap company. The stock decreased 0.40% or $0.06 during the last trading session, reaching $14.97. About 34.36M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 20, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Lehman Financial Resources Inc decreased its stake in Nextera Energy Inc Com (NEE) by 2.49% based on its latest 2017Q4 regulatory filing with the SEC. Lehman Financial Resources Inc sold 6,616 shares as the company’s stock rose 5.21% while stock markets declined. The institutional investor held 259,408 shares of the public utilities company at the end of 2017Q4, valued at $40.52 million, down from 266,024 at the end of the previous reported quarter. Lehman Financial Resources Inc who had been investing in Nextera Energy Inc Com for a number of months, seems to be less bullish one the $73.76B market cap company. The stock increased 0.02% or $0.03 during the last trading session, reaching $156.45. About 1.56M shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since May 20, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

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 $924.01M for 19.96 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.

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 44 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, March 17 by Argus Research. BMO Capital Markets maintained the stock with “Buy” rating in Monday, April 3 report. The rating was maintained by Guggenheim with “Buy” on Friday, January 26. The firm earned “Hold” rating on Monday, August 31 by Zacks. JP Morgan maintained the stock with “Overweight” rating in Tuesday, April 10 report. The rating was maintained by Guggenheim on Tuesday, January 2 with “Buy”. JP Morgan maintained the stock with “Neutral” rating in Thursday, October 12 report. RBC Capital Markets maintained the shares of NEE in report on Sunday, October 8 with “Buy” rating. Goldman Sachs maintained the shares of NEE in report on Monday, July 24 with “Buy” rating. Goldman Sachs upgraded the shares of NEE in report on Monday, October 16 to “Buy” rating.

More recent NextEra Energy, Inc. (NYSE:NEE) news were published by: Seekingalpha.com which released: “NextEra Vs. PPL: A Thunderdome Match” on April 22, 2018. Also Bizjournals.com published the news titled: “SRP, NextEra unveil state’s largest $60 million grid-connected solar and battery plant” on May 16, 2018. Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within USA Technologies, Bloomin’ Brands, MBIA, NextEra Energy, Sealed Air, and …” with publication date: May 11, 2018 was also an interesting one.

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.09, from 0.95 in 2017Q3. It is positive, as 36 investors sold NEE shares while 405 reduced holdings. 112 funds opened positions while 347 raised stakes. 340.36 million shares or 1.17% less from 344.40 million shares in 2017Q3 were reported. Sumitomo Mitsui Asset Co Ltd holds 0.08% or 33,688 shares in its portfolio. Daiwa Securities Grp Incorporated reported 0.03% in NextEra Energy, Inc. (NYSE:NEE). Credit Agricole S A holds 18,929 shares. 2,033 were accumulated by Argyle Capital Mngmt. Tocqueville Asset Mngmt Lp accumulated 490,742 shares. Middleton And Ma reported 0.17% stake. Meyer Handelman Com holds 93,000 shares. The Minnesota-based Bremer Tru National Association has invested 0.19% in NextEra Energy, Inc. (NYSE:NEE). The Massachusetts-based Boston Rech And has invested 0.28% in NextEra Energy, Inc. (NYSE:NEE). 340 were reported by Tower Rech Cap Limited Liability Com (Trc). South State accumulated 0.21% or 12,730 shares. Moreover, Trustco National Bank & Trust N Y has 0.24% invested in NextEra Energy, Inc. (NYSE:NEE) for 1,496 shares. Natl Tx has invested 0.33% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Timber Hill Limited Liability Corporation stated it has 26,081 shares or 0.26% of all its holdings. Comml Bank Of Hawaii stated it has 0.2% of its portfolio in NextEra Energy, Inc. (NYSE:NEE).

Since February 6, 2018, it had 0 insider purchases, and 8 sales for $12.38 million activity. Arechabala Miguel also sold $803,691 worth of NextEra Energy, Inc. (NYSE:NEE) on Thursday, March 15. $439,881 worth of NextEra Energy, Inc. (NYSE:NEE) was sold by Sieving Charles E on Thursday, February 15. YEAGER WILLIAM L also sold $809,690 worth of NextEra Energy, Inc. (NYSE:NEE) shares. On Thursday, March 15 Nazar Manoochehr K sold $2.08 million worth of NextEra Energy, Inc. (NYSE:NEE) or 13,168 shares. Silagy Eric E also sold $1.79M worth of NextEra Energy, Inc. (NYSE:NEE) shares. Pimentel Armando Jr had sold 9,250 shares worth $1.40 million on Tuesday, February 6.

Financial Consulate Inc, which manages about $333.98M and $195.69M US Long portfolio, decreased its stake in Ishares Tr (IVV) by 2,446 shares to 14,288 shares, valued at $3.84 million in 2017Q4, according to the filing.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, March 23. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Vetr on Tuesday, September 22. RBC Capital Markets downgraded the shares of GE in report on Tuesday, November 14 to “Sector Perform” rating. The company was maintained on Monday, July 17 by Cowen & Co. The firm earned “Sell” rating on Monday, September 11 by Deutsche Bank. The firm has “Hold” rating given on Sunday, December 10 by Stifel Nicolaus. The rating was maintained by J.P. Morgan with “Sell” on Thursday, March 29. The firm earned “Neutral” rating on Wednesday, April 26 by Bank of America. JP Morgan initiated the shares of GE in report on Thursday, May 12 with “Underweight” rating. The stock has “Market Perform” rating by Bernstein on Tuesday, July 26.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric At The Annual Meeting: Getting Control?” on April 26, 2018, also Seekingalpha.com with their article: “GE: The Turnaround Strengthens” published on April 23, 2018, Seekingalpha.com published: “Alstom exits joint ventures with GE” on May 10, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Livetradingnews.com and their article: “General Electric Company (NYSE:GE) Stock Worth Watching” published on May 18, 2018 as well as Benzinga.com‘s news article titled: “Analyst: Wabtec A Buy On Potential GE Synergies” with publication date: April 23, 2018.

General Electric Company (NYSE:GE) Institutional Positions Chart

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