Nextera Energy (NEE) Shareholder Parsons Capital Management Has Raised Its Stake by $450,060 as Market Value Rose; Gilead Sciences (GILD) Holder Cabot-Wellington Cut Its Stake by $408,960

April 17, 2018 - By Louis Casey

Gilead Sciences, Inc. (NASDAQ:GILD) Logo

Parsons Capital Management Inc increased its stake in Nextera Energy Inc (NEE) by 10.95% based on its latest 2017Q4 regulatory filing with the SEC. Parsons Capital Management Inc bought 2,885 shares as the company’s stock rose 5.21% while stock markets declined. The institutional investor held 29,243 shares of the public utilities company at the end of 2017Q4, valued at $4.57 million, up from 26,358 at the end of the previous reported quarter. Parsons Capital Management Inc who had been investing in Nextera Energy Inc for a number of months, seems to be bullish on the $76.83 billion market cap company. The stock increased 0.52% or $0.85 during the last trading session, reaching $162.97. About 686,117 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since April 17, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

Cabot-Wellington Llc decreased its stake in Gilead Sciences (GILD) by 4.03% based on its latest 2017Q4 regulatory filing with the SEC. Cabot-Wellington Llc sold 5,760 shares as the company’s stock rose 1.93% while stock markets declined. The hedge fund held 137,230 shares of the health care company at the end of 2017Q4, valued at $9.83 million, down from 142,990 at the end of the previous reported quarter. Cabot-Wellington Llc who had been investing in Gilead Sciences for a number of months, seems to be less bullish one the $98.44B market cap company. The stock increased 1.08% or $0.81 during the last trading session, reaching $75.5. About 2.80M shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has risen 9.79% since April 17, 2017 and is uptrending. It has underperformed by 1.76% the S&P500.

Since January 2, 2018, it had 0 insider purchases, and 17 insider sales for $39.51 million activity. The insider Meyers James R sold $8.02M. On Tuesday, January 2 Alton Gregg H sold $1.11 million worth of Gilead Sciences, Inc. (NASDAQ:GILD) or 15,000 shares. Cogan John Francis sold $467,138 worth of Gilead Sciences, Inc. (NASDAQ:GILD) on Friday, March 16. On Wednesday, February 21 Washington Robin L sold $401,566 worth of Gilead Sciences, Inc. (NASDAQ:GILD) or 5,000 shares. WILSON GAYLE E also sold $4.68 million worth of Gilead Sciences, Inc. (NASDAQ:GILD) shares.

Cabot-Wellington Llc, which manages about $846.57 million and $164.34 million US Long portfolio, upped its stake in Ishares Core Msci Eafe (IEFA) by 23,680 shares to 481,760 shares, valued at $31.84M in 2017Q4, according to the filing.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 21 have Buy rating, 0 Sell and 9 Hold. Therefore 70% are positive. Gilead Sciences had 126 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Robert W. Baird given on Friday, September 15. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, January 16 report. Oppenheimer maintained the stock with “Hold” rating in Thursday, December 21 report. The company was maintained on Thursday, October 5 by Leerink Swann. The company was maintained on Wednesday, February 3 by Oppenheimer. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, July 29 report. The rating was maintained by Cowen & Co on Tuesday, July 25 with “Buy”. Morgan Stanley downgraded the shares of GILD in report on Friday, October 2 to “Equal-Weight” rating. The company was initiated on Friday, December 18 by Atlantic Securities. The firm has “Buy” rating given on Monday, September 21 by Cowen & Co.

Investors sentiment decreased to 0.8 in 2017 Q4. Its down 0.23, from 1.03 in 2017Q3. It worsened, as 95 investors sold GILD shares while 545 reduced holdings. 104 funds opened positions while 411 raised stakes. 972.68 million shares or 1.57% more from 957.62 million shares in 2017Q3 were reported. Palo Alto Ltd Limited Liability Company holds 0.54% in Gilead Sciences, Inc. (NASDAQ:GILD) or 175,900 shares. Susquehanna Llp has invested 0.16% in Gilead Sciences, Inc. (NASDAQ:GILD). Contrarius Inv Mngmt Ltd stated it has 211,295 shares. Automobile Association invested in 1.42M shares or 0.28% of the stock. Augustine Asset Mngmt invested in 1.8% or 44,348 shares. Bar Harbor Tru Service stated it has 5,014 shares or 0.19% of all its holdings. Robeco Institutional Asset Mngmt Bv, a Netherlands-based fund reported 758,442 shares. The Colorado-based Alps Advisors Incorporated has invested 0.33% in Gilead Sciences, Inc. (NASDAQ:GILD). Qs Invsts Limited stated it has 0.17% in Gilead Sciences, Inc. (NASDAQ:GILD). Ariel Investments Ltd Company owns 1.81% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 2.24 million shares. Livforsakringsbolaget Skandia Omsesidigt has invested 0.69% in Gilead Sciences, Inc. (NASDAQ:GILD). Cohen Lawrence B, a Massachusetts-based fund reported 23,050 shares. Millennium Mngmt invested in 421,117 shares. Howland Cap Limited Liability Com invested in 248,260 shares or 1.42% of the stock. Roberts Glore Il accumulated 26,910 shares or 1.18% of the stock.

Analysts await Gilead Sciences, Inc. (NASDAQ:GILD) to report earnings on May, 1 after the close. They expect $1.59 earnings per share, down 27.73% or $0.61 from last year’s $2.2 per share. GILD’s profit will be $2.07 billion for 11.87 P/E if the $1.59 EPS becomes a reality. After $1.60 actual earnings per share reported by Gilead Sciences, Inc. for the previous quarter, Wall Street now forecasts -0.63% negative EPS growth.

Since February 6, 2018, it had 0 insider buys, and 7 sales for $10.59 million activity. 9,250 shares valued at $1.40 million were sold by Pimentel Armando Jr on Tuesday, February 6. Arechabala Miguel also sold $803,691 worth of NextEra Energy, Inc. (NYSE:NEE) shares. $2.90M worth of NextEra Energy, Inc. (NYSE:NEE) was sold by ROBO JAMES L on Monday, March 19. On Thursday, March 15 YEAGER WILLIAM L sold $809,690 worth of NextEra Energy, Inc. (NYSE:NEE) or 5,133 shares. The insider Sieving Charles E sold 2,844 shares worth $439,881.

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. Captrust Financial Advisors reported 4,387 shares or 0.04% of all its holdings. Ohio-based Beese Fulmer has invested 0.08% in NextEra Energy, Inc. (NYSE:NEE). Pension Service stated it has 0.3% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Colony Group Ltd Liability Corp invested in 18,698 shares or 0.18% of the stock. Rand Wealth Limited Liability Corp holds 0.02% or 1,414 shares in its portfolio. Centurylink Inv Mgmt invested in 0.63% or 11,407 shares. First Mercantile Tru stated it has 0.48% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Steinberg Asset Mgmt holds 0.06% or 2,494 shares. Acadian Asset Lc holds 0% or 3,384 shares. Gilman Hill Asset Management Lc has 1,420 shares. Carroll Assocs Incorporated, North Carolina-based fund reported 2,838 shares. Congress Asset Mngmt Company Ma has invested 0.08% in NextEra Energy, Inc. (NYSE:NEE). Spectrum Mngmt reported 5,495 shares or 0.3% of all its holdings. Berkshire Asset Management Ltd Liability Pa holds 0.16% in NextEra Energy, Inc. (NYSE:NEE) or 10,793 shares. 7,587 were accumulated by Wetherby Asset Mngmt Incorporated.

Among 15 analysts covering Nextera Energy Inc. (NYSE:NEE), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Nextera Energy Inc. had 42 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, August 10 with “Overweight”. Deutsche Bank upgraded the stock to “Buy” rating in Monday, January 30 report. The firm has “Buy” rating by RBC Capital Markets given on Sunday, October 8. The firm has “Buy” rating given on Thursday, March 17 by Argus Research. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, February 13. The rating was upgraded by Robert W. Baird on Friday, January 29 to “Outperform”. The company was maintained on Sunday, November 5 by RBC Capital Markets. Guggenheim maintained NextEra Energy, Inc. (NYSE:NEE) on Friday, January 26 with “Buy” rating. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Buy” rating by Goldman Sachs on Monday, July 24. Argus Research maintained it with “Buy” rating and $118 target in Friday, August 7 report.

Parsons Capital Management Inc, which manages about $157.98M and $898.02 million US Long portfolio, decreased its stake in Park City Group Inc (NASDAQ:PCYG) by 35,400 shares to 118,175 shares, valued at $1.13 million in 2017Q4, according to the filing. It also reduced its holding in General Electric Co (NYSE:GE) by 40,164 shares in the quarter, leaving it with 314,130 shares, and cut its stake in Exxon Mobil Corp (NYSE:XOM).

Gilead Sciences, Inc. (NASDAQ:GILD) Institutional Positions Chart

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