National Investment Services Has Trimmed Nextera Energy (NEE) Holding; Abaxis (ABAX) Sellers Decreased By 14.55% Their Shorts

June 19, 2017 - By Adrian Mccoy

Abaxis Corporation (NASDAQ:ABAX) had a decrease of 14.55% in short interest. ABAX’s SI was 2.13 million shares in June as released by FINRA. Its down 14.55% from 2.50 million shares previously. With 124,900 avg volume, 17 days are for Abaxis Corporation (NASDAQ:ABAX)’s short sellers to cover ABAX’s short positions. The SI to Abaxis Corporation’s float is 9.86%. The stock decreased 1.40% or $0.72 on June 16, reaching $50.86. About shares traded. Abaxis Inc (NASDAQ:ABAX) has risen 7.18% since June 19, 2016 and is uptrending. It has underperformed by 9.52% the S&P500.

National Investment Services Inc decreased Nextera Energy Inc. (NEE) stake by 16.57% reported in 2016Q4 SEC filing. National Investment Services Inc sold 3,649 shares as Nextera Energy Inc. (NEE)’s stock rose 8.22%. The National Investment Services Inc holds 18,379 shares with $2.20 million value, down from 22,028 last quarter. Nextera Energy Inc. now has $67.33B valuation. The stock increased 0.68% or $0.97 on June 16, reaching $142.84. About shares traded. NextEra Energy Inc (NYSE:NEE) has risen 15.94% since June 19, 2016 and is uptrending. It has underperformed by 0.76% the S&P500.

Investors sentiment decreased to 1.07 in Q4 2016. Its down 0.17, from 1.24 in 2016Q3. It fall, as 13 investors sold Abaxis Inc shares while 43 reduced holdings. 15 funds opened positions while 45 raised stakes. 22.45 million shares or 0.53% less from 22.57 million shares in 2016Q3 were reported. State Street has invested 0% of its portfolio in Abaxis Inc (NASDAQ:ABAX). Geode Cap Ltd Liability Corp accumulated 0% or 165,270 shares. Brown Management Limited Liability Corp reported 3.76M shares stake. Rhumbline Advisers has invested 0.01% in Abaxis Inc (NASDAQ:ABAX). Clearbridge Limited Liability Company holds 0% or 505 shares in its portfolio. Prudential Finance Inc stated it has 38,459 shares. Teachers Retirement System Of The State Of Kentucky holds 8,600 shares or 0.01% of its portfolio. Royal State Bank Of Canada reported 0.01% in Abaxis Inc (NASDAQ:ABAX). The New York-based New York State Common Retirement Fund has invested 0.04% in Abaxis Inc (NASDAQ:ABAX). Parametric Associate Ltd Liability Corp reported 22,077 shares. Neuberger Berman Group Inc Limited Liability Corporation has 1.16 million shares for 0.08% of their portfolio. Jpmorgan Chase And Communications holds 73,819 shares. Bessemer Gru Inc holds 0% or 1,000 shares. Pnc Svcs Group Inc stated it has 911 shares or 0% of all its holdings. Paradigm Asset Mngmt Communications Ltd Company reported 18,950 shares stake.

Since February 1, 2017, it had 0 insider purchases, and 4 selling transactions for $799,242 activity. Another trade for 3,000 shares valued at $150,000 was made by SINGH PRITHIPAL on Tuesday, May 30. $204,472 worth of Abaxis Inc (NASDAQ:ABAX) was sold by BASTIANI RICHARD. Henkel Achim sold $31,766 worth of Abaxis Inc (NASDAQ:ABAX) on Friday, May 26.

Abaxis, Inc. is a developer, manufacturer and marketer of portable blood analysis systems that are used in medical specialties in human or veterinary patient care to provide clinicians with blood constituent measurements. The company has market cap of $1.14 billion. The Firm markets and sells its products around the world through independent distributors and direct sales force. It has a 35.35 P/E ratio. The Company’s divisions are the medical market and the veterinary market.

Among 8 analysts covering Abaxis (NASDAQ:ABAX), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 0 are positive. Abaxis has $62 highest and $39 lowest target. $43.50’s average target is -14.47% below currents $50.86 stock price. Abaxis had 13 analyst reports since July 23, 2015 according to SRatingsIntel. As per Thursday, July 23, the company rating was maintained by Canaccord Genuity. The rating was initiated by CL King on Friday, April 1 with “Neutral”. The firm earned “Underperform” rating on Wednesday, October 21 by Bank of America. The rating was maintained by Canaccord Genuity with “Hold” on Thursday, October 29. The firm has “Neutral” rating given on Wednesday, November 30 by Northcoast. The rating was maintained by Canaccord Genuity on Thursday, November 12 with “Hold”. The firm earned “Hold” rating on Friday, January 27 by Stifel Nicolaus. The firm has “Sell” rating by Feltl & Co given on Friday, July 22. Credit Suisse initiated Abaxis Inc (NASDAQ:ABAX) on Thursday, February 4 with “Underperform” rating. The firm has “Hold” rating given on Friday, April 1 by Canaccord Genuity.

Among 8 analysts covering Nextera Energy Inc. (NYSE:NEE), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Nextera Energy Inc. had 20 analyst reports since August 5, 2015 according to SRatingsIntel. On Friday, June 2 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock has “Buy” rating by Deutsche Bank on Monday, October 5. As per Friday, August 7, the company rating was maintained by Argus Research. The stock has “Overweight” rating by Barclays Capital on Friday, March 18. Robert W. Baird upgraded NextEra Energy Inc (NYSE:NEE) rating on Friday, January 29. Robert W. Baird has “Outperform” rating and $120 target. The firm has “Buy” rating given on Thursday, March 17 by Argus Research. The company was maintained on Tuesday, August 11 by M Partners. The firm has “Buy” rating by BMO Capital Markets given on Monday, April 3. The stock of NextEra Energy Inc (NYSE:NEE) has “Hold” rating given on Monday, August 31 by Zacks. Howard Weil initiated it with “Sector Outperform” rating and $122 target in Tuesday, November 17 report.

Investors sentiment increased to 0.96 in Q4 2016. Its up 0.11, from 0.85 in 2016Q3. It improved, as 72 investors sold NEE shares while 385 reduced holdings. 89 funds opened positions while 349 raised stakes. 343.79 million shares or 4.23% more from 329.83 million shares in 2016Q3 were reported. Utd Automobile Association holds 0.12% or 305,442 shares. Wilbanks Smith & Thomas Asset Mgmt Ltd Company holds 0.03% in NextEra Energy Inc (NYSE:NEE) or 3,245 shares. Ellington Grp Ltd Liability reported 4,600 shares stake. Barrett Asset Mngmt Lc accumulated 2,125 shares. Tradewinds Management Lc accumulated 254 shares or 0.02% of the stock. South State Corp accumulated 0.16% or 9,472 shares. Artemis Mgmt Limited Liability Partnership has 0.01% invested in NextEra Energy Inc (NYSE:NEE) for 2,239 shares. 30,094 were reported by 10. Berkshire Asset Pa holds 1,760 shares. Callahan Ltd Company invested 1.54% in NextEra Energy Inc (NYSE:NEE). New Jersey-based Mercer Advisers has invested 0.28% in NextEra Energy Inc (NYSE:NEE). Ifc Fl accumulated 7,123 shares or 0.08% of the stock. Blackrock Fund Advsr holds 0.24% or 10.95M shares. Intrust Comml Bank Na invested in 0.42% or 9,212 shares. First Quadrant Limited Partnership Ca invested in 0% or 800 shares.

Analysts await NextEra Energy Inc (NYSE:NEE) to report earnings on July, 26. They expect $1.74 EPS, up 4.19% or $0.07 from last year’s $1.67 per share. NEE’s profit will be $820.18M for 20.52 P/E if the $1.74 EPS becomes a reality. After $1.75 actual EPS reported by NextEra Energy Inc for the previous quarter, Wall Street now forecasts -0.57% negative EPS growth.

Since February 2, 2017, it had 1 insider buy, and 7 sales for $16.66 million activity. Shares for $497,415 were bought by SWANSON WILLIAM H. On Thursday, March 16 the insider YEAGER WILLIAM L sold $761,197. Silagy Eric E had sold 8,111 shares worth $1.14 million. 23,674 shares valued at $3.10 million were sold by Nazar Manoochehr K on Thursday, March 16. $3.68M worth of stock was sold by ROBO JAMES L on Thursday, February 2. Another trade for 4,458 shares valued at $584,971 was sold by Arechabala Miguel. On Thursday, May 4 Pimentel Armando Jr sold $756,065 worth of NextEra Energy Inc (NYSE:NEE) or 5,680 shares.

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