Dividend Worth Mentioning Today: NextEra Energy Partners, LP (NYSE:NEP) advises to “Mark your calendars” for Nov 14, 2016; dividends expected to reach $0.34.

Dividend Worth Mentioning Today: NextEra Energy Partners, LP (NYSE:NEP) advises to

NextEra Energy Partners, LP (NYSE:NEP) is expected to pay $0.34 on Nov 14, 2016. The indicated annual dividend is $1.37. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on NextEra Energy Partners, LP’s current price of $26.43, the dividend is 1.29%. This dividend’s record date is Nov 8, 2016 and the announcement date is Nov 1, 2016. The stock decreased 2.22% or $0.6 on November 2, hitting $26.43. Nextera Energy Partners LP (NYSE:NEP) has declined 2.04% since April 1, 2016 and is downtrending. It has underperformed by 3.25% the S&P500.

Nextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The company has a market cap of $1.10 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 approximately seven contracted natural gas pipeline assets. It has a 51.43 P/E ratio. The Company’s contracted renewable energy projects portfolio includes approximately 2,656 megawatts (MW).

Insitutional Activity: The institutional sentiment decreased to 0.98 in Q2 2016. Its down 0.75, from 1.73 in 2016Q1. The ratio is negative, as 14 funds sold all Nextera Energy Partners LP shares owned while 39 reduced positions. 15 funds bought stakes while 37 increased positions. They now own 33.94 million shares or 7.23% less from 36.59 million shares in 2016Q1.
Amp Capital Invsts holds 0% of its portfolio in Nextera Energy Partners LP (NYSE:NEP) for 21,138 shares. Hite Hedge Asset has 120,918 shares for 1.49% of their US portfolio. Tiedemann has 284,162 shares for 1.59% of their US portfolio. First Mercantile Trust Company has 48,199 shares for 0.18% of their US portfolio. Td Asset Mngmt has 0% invested in the company for 50,000 shares. State Street reported 30,744 shares or 0% of all its holdings. Wells Fargo Mn owns 106,415 shares or 0% of their US portfolio. Fmr Limited Liability Company has invested 0.01% of its portfolio in Nextera Energy Partners LP (NYSE:NEP). Cohen Steers, a New York-based fund reported 765,356 shares. Blackrock Group Ltd accumulated 0.01% or 574,267 shares. Ladenburg Thalmann Fincl Serv holds 520 shares or 0% of its portfolio. Reaves W H & last reported 622,050 shares in the company. Ardsley Advisory Prtn reported 22,500 shares or 0.12% of all its holdings. Blackrock Inc last reported 0% of its portfolio in the stock. The Delaware-based Blackrock has invested 0.05% in Nextera Energy Partners LP (NYSE:NEP).

Nextera Energy Partners LP (NYSE:NEP) Ratings Coverage

Out of 13 analysts covering Nextera Energy Partners (NYSE:NEP), 9 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 69% are positive. $47 is the highest target while $29 is the lowest. The $33.80 average target is 27.88% above today’s ($26.43) stock price. Nextera Energy Partners has been the topic of 16 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Mizuho maintained Nextera Energy Partners LP (NYSE:NEP) rating on Tuesday, August 4. Mizuho has “Buy” rating and $47 price target. The stock of Nextera Energy Partners LP (NYSE:NEP) has “Buy” rating given on Monday, October 19 by Goldman Sachs. UBS upgraded it to “Buy” rating and $31 target price in Monday, October 17 report. The rating was upgraded by Avondale to “Mkt Outperform” on Tuesday, November 1. The stock of Nextera Energy Partners LP (NYSE:NEP) earned “Outperform” rating by Wells Fargo on Monday, July 27. As per Friday, September 11, the company rating was initiated by JP Morgan. Howard Weil initiated Nextera Energy Partners LP (NYSE:NEP) rating on Tuesday, November 17. Howard Weil has “Sector Perform” rating and $32 price target. Deutsche Bank maintained Nextera Energy Partners LP (NYSE:NEP) rating on Tuesday, September 1. Deutsche Bank has “Hold” rating and $34.0 price target. RBC Capital Markets initiated Nextera Energy Partners LP (NYSE:NEP) on Tuesday, April 5 with “Sector Perform” rating. Deutsche Bank maintained it with “Hold” rating and $29 target price in Monday, October 5 report.

More notable recent Nextera Energy Partners LP (NYSE:NEP) news were published by: Nasdaq.com which released: “NextEra Energy Partners LP Q3 Income Rises 2600%” on October 31, 2016, also Prnewswire.com with their article: “NextEra Energy Partners, LP announces approximately 285-megawatt acquisition …” published on July 05, 2016, Prnewswire.com published: “NextEra Energy Partners, LP announces agreement to acquire indirect 24 percent …” on September 08, 2016. More interesting news about Nextera Energy Partners LP (NYSE:NEP) were released by: Prnewswire.com and their article: “NextEra Energy Partners, LP completes the acquisition of natural gas pipelines …” published on October 05, 2015 as well as Prnewswire.com‘s news article titled: “NextEra Energy Partners, LP announces offering of common units” with publication date: February 22, 2016.

NEP Company Profile

Nextera Energy Partners, LP, incorporated on March 6, 2014, is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as approximately seven contracted natural gas pipeline assets.

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