Nextera Energy Partners (NEP) Stock Rating Reconfirmed by Analysts at RBC Capital; The $39.0 Target Indicates -6.54% Potential; Point72 Asia Hong Kong LTD Has Upped Its Michael Kors Hldgs LTD (KORS) Stake





September 4, 2017 – By Clifton Ray







Among 18 analysts covering Nextera Energy Partners (NYSE:NEP), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Nextera Energy Partners has $47 highest and $29 lowest target. $38.92’s average target is -6.73% below currents $41.73 stock price. Nextera Energy Partners had 29 analyst reports since July 27, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Outperform” rating and $45 target in Friday, July 28 report. The firm has “Buy” rating given on Monday, October 19 by Goldman Sachs. The firm has “Outperform” rating by BMO Capital Markets given on Monday, October 5. RBC Capital Markets initiated it with “Sector Perform” rating and $29 target in Tuesday, April 5 report. The stock of Nextera Energy Partners LP (NYSE:NEP) earned “Outperform” rating by Robert W. Baird on Tuesday, August 25. The company was maintained on Wednesday, July 26 by Oppenheimer. The stock has “Hold” rating by RBC Capital Markets on Monday, July 31. The company was maintained on Tuesday, August 4 by Mizuho. As per Friday, March 24, the company rating was downgraded by Macquarie Research. The stock of Nextera Energy Partners LP (NYSE:NEP) has “Hold” rating given on Monday, October 5 by Deutsche Bank.

Point72 Asia Hong Kong Ltd increased Michael Kors Hldgs Ltd (KORS) stake by 668.46% reported in 2016Q4 SEC filing. Point72 Asia Hong Kong Ltd acquired 8,436 shares as Michael Kors Hldgs Ltd (KORS)’s stock declined 4.93%. The Point72 Asia Hong Kong Ltd holds 9,698 shares with $417,000 value, up from 1,262 last quarter. Michael Kors Hldgs Ltd now has $6.49 billion valuation. The stock increased 1.40% or $0.59 on September 1, reaching $42.81. About shares traded. Michael Kors Holdings Ltd (NYSE:KORS) has declined 10.54% since September 4, 2016 and is downtrending. It has underperformed by 27.24% the S&P500.

Investors sentiment decreased to 0.7 in Q4 2016. Its down 0.14, from 0.84 in 2016Q3. It worsened, as 60 investors sold KORS shares while 163 reduced holdings. 41 funds opened positions while 121 raised stakes. 140.57 million shares or 0.70% less from 141.55 million shares in 2016Q3 were reported. Clarivest Asset Management Ltd Liability Corporation has invested 0% in Michael Kors Holdings Ltd (NYSE:KORS). Ontario – Canada-based Savings Bank Of Montreal Can has invested 0.02% in Michael Kors Holdings Ltd (NYSE:KORS). Cornerstone Advsrs reported 0% stake. Howard Hughes Institute holds 0.21% of its portfolio in Michael Kors Holdings Ltd (NYSE:KORS) for 21,071 shares. Comerica Bankshares reported 52,722 shares or 0.02% of all its holdings. Great West Life Assurance Can, Manitoba – Canada-based fund reported 461,362 shares. 341,911 were accumulated by Rothschild Asset Mgmt. Wells Fargo Mn holds 0.03% in Michael Kors Holdings Ltd (NYSE:KORS) or 1.98M shares. Amica Pension Fund Board Of Trustees has 0.06% invested in Michael Kors Holdings Ltd (NYSE:KORS) for 11,280 shares. Shell Asset Communications holds 0.01% or 11,607 shares in its portfolio. Vanguard Group Inc Inc reported 16.33 million shares stake. Stonebridge Cap Limited Liability has 33,604 shares. Wasatch invested 0.09% of its portfolio in Michael Kors Holdings Ltd (NYSE:KORS). Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.24% of its portfolio in Michael Kors Holdings Ltd (NYSE:KORS) for 118,017 shares. Blackrock Institutional Tru Na owns 4.44 million shares.

Point72 Asia Hong Kong Ltd decreased Cambrex Corp (NYSE:CBM) stake by 6,829 shares to 271 valued at $15,000 in 2016Q4. It also reduced Nasdaq Inc (NASDAQ:NDAQ) stake by 5,620 shares and now owns 480 shares. Spectra Energy Corp (NYSE:SE) was reduced too.

Among 29 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 4 have Buy rating, 2 Sell and 23 Hold. Therefore 14% are positive. Michael Kors Holdings Ltd had 77 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of KORS in report on Tuesday, August 8 with “Hold” rating. As per Thursday, May 12, the company rating was maintained by Canaccord Genuity. The rating was maintained by Deutsche Bank on Friday, June 16 with “Hold”. The stock of Michael Kors Holdings Ltd (NYSE:KORS) earned “Neutral” rating by Bank of America on Thursday, October 22. The company was downgraded on Friday, August 7 by Piper Jaffray. The firm has “Hold” rating given on Tuesday, July 25 by Oppenheimer. The rating was initiated by Jyske Bank on Wednesday, March 9 with “Buy”. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, July 5. The firm has “Hold” rating given on Thursday, August 10 by Deutsche Bank. On Wednesday, February 3 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

The stock increased 0.65% or $0.27 on September 1, reaching $41.73. About shares traded. Nextera Energy Partners LP (NYSE:NEP) has risen 18.85% since September 4, 2016 and is uptrending. It has outperformed by 2.15% the S&P500.

Investors sentiment is 1.26 in Q4 2016. Its the same as in 2016Q3. It is without change, as 21 investors sold Nextera Energy Partners LP shares while 33 reduced holdings. only 18 funds opened positions while 46 raised stakes. 43.03 million shares or 0.07% less from 43.06 million shares in 2016Q3 were reported. 40,170 are owned by First Mercantile Tru. Fifth Third National Bank, Ohio-based fund reported 6,504 shares. Kayne Anderson Cap Advisors Ltd Partnership holds 0.05% in Nextera Energy Partners LP (NYSE:NEP) or 183,100 shares. Ameriprise reported 14,867 shares. Walleye Trading Ltd invested in 6,400 shares or 0% of the stock. Neuberger Berman Grp Incorporated Limited Liability Corporation invested in 0.2% or 5.96M shares. Moreover, Da Davidson & Company has 0% invested in Nextera Energy Partners LP (NYSE:NEP). 935 are held by Citigroup. Rare Infrastructure holds 547,003 shares or 0.73% of its portfolio. Moreover, Luminus Mngmt Ltd Liability Com has 0.09% invested in Nextera Energy Partners LP (NYSE:NEP) for 165,146 shares. National Bank & Trust Of Montreal Can reported 54,000 shares. Envestnet Asset Mgmt accumulated 570 shares or 0% of the stock. Moreover, State Street Corporation has 0% invested in Nextera Energy Partners LP (NYSE:NEP). 167,079 were accumulated by Marshall Wace Limited Liability Partnership. Gabelli Funds Lc, a New York-based fund reported 71,000 shares.

Nextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The company has market cap of $2.26 billion. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP , owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. It has a 22.63 P/E ratio. The Company’s primary business objective is to invest in contracted clean energy projects.

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