Northwestern Mutual Wealth Management Company Stake in Nuveen Select Tax Free Incm (NXP) Has Cut by $791,392 as Stock Value Rose; Energen (EGN) Holding Maintained by Highvista Strategies Llc

February 15, 2018 - By Stephen Andrade

Northwestern Mutual Wealth Management Company decreased its stake in Nuveen Select Tax Free Incm (NXP) by 95.1% based on its latest 2017Q3 regulatory filing with the SEC. Northwestern Mutual Wealth Management Company sold 56,528 shares as the company’s stock rose 3.18% with the market. The institutional investor held 2,913 shares of the company at the end of 2017Q3, valued at $43,000, down from 59,441 at the end of the previous reported quarter. Northwestern Mutual Wealth Management Company who had been investing in Nuveen Select Tax Free Incm for a number of months, seems to be less bullish one the $235.80M market cap company. The stock increased 0.53% or $0.08 during the last trading session, reaching $14.23. About 46,402 shares traded or 50.10% up from the average. Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) has declined 3.42% since February 15, 2017 and is downtrending. It has underperformed by 20.12% the S&P500.

Highvista Strategies Llc increased its stake in Energen Corp (EGN) by 47.83% based on its latest 2017Q3 regulatory filing with the SEC. Highvista Strategies Llc bought 9,000 shares as the company’s stock rose 5.63% with the market. The hedge fund held 27,815 shares of the oil & gas production company at the end of 2017Q3, valued at $1.52 million, up from 18,815 at the end of the previous reported quarter. Highvista Strategies Llc who had been investing in Energen Corp for a number of months, seems to be bullish on the $5.15 billion market cap company. The stock increased 4.92% or $2.48 during the last trading session, reaching $52.93. About 913,258 shares traded or 7.41% up from the average. Energen Corporation (NYSE:EGN) has risen 35.21% since February 15, 2017 and is uptrending. It has outperformed by 18.51% the S&P500.

Northwestern Mutual Wealth Management Company, which manages about $13.98B US Long portfolio, upped its stake in Duke Energy Corp New (NYSE:DUK) by 3,666 shares to 52,179 shares, valued at $4.38 million in 2017Q3, according to the filing. It also increased its holding in Spdr Series Trust by 3,338 shares in the quarter, for a total of 169,072 shares, and has risen its stake in Ecolab Inc (NYSE:ECL).

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.21, from 1.08 in 2017Q2. It is negative, as 7 investors sold NXP shares while 8 reduced holdings. 5 funds opened positions while 8 raised stakes. 1.40 million shares or 6.70% less from 1.50 million shares in 2017Q2 were reported. Private Advisor Limited Liability Co has 0.01% invested in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP). Ancora Advisors Limited Liability Corporation reported 24,260 shares or 0.02% of all its holdings. Oakworth Capital holds 2,175 shares. Fifth Third National Bank & Trust reported 0% in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP). Morgan Stanley holds 283,446 shares or 0% of its portfolio. Financial Inv Mngmt Grp Inc Ltd has invested 0.19% of its portfolio in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP). Parametric Portfolio Associate Ltd Liability Corporation owns 32,973 shares or 0% of their US portfolio. Advisers invested 0.01% of its portfolio in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP). Thomas J Herzfeld Advisors, Florida-based fund reported 15,655 shares. Cap Invest Limited Co owns 14,952 shares. First Savings Bank & Tru Of Newtown invested in 34,800 shares. Thompson Siegel & Walmsley Lc holds 0% or 2,000 shares in its portfolio. Vantage Inv Advsrs Lc invested in 0% or 1,000 shares. Tortoise Inv Management Llc stated it has 0.63% of its portfolio in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP). Pnc Fincl Serv Gru Inc holds 9,608 shares.

Among 38 analysts covering Energen Corporation (NYSE:EGN), 27 have Buy rating, 2 Sell and 9 Hold. Therefore 71% are positive. Energen Corporation has $85 highest and $30 lowest target. $61.09’s average target is 15.42% above currents $52.93 stock price. Energen Corporation had 117 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained Energen Corporation (NYSE:EGN) on Tuesday, May 17 with “Neutral” rating. Topeka Capital Markets maintained the shares of EGN in report on Friday, May 6 with “Buy” rating. Suntrust Robinson maintained Energen Corporation (NYSE:EGN) on Tuesday, February 16 with “Buy” rating. Stifel Nicolaus maintained the shares of EGN in report on Thursday, October 5 with “Buy” rating. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, February 16. On Monday, August 10 the stock rating was upgraded by Raymond James to “Market Perform”. On Thursday, February 18 the stock rating was maintained by Topeka Capital Markets with “Buy”. The firm has “Neutral” rating given on Thursday, August 11 by Citigroup. The firm earned “Buy” rating on Sunday, January 21 by KeyBanc Capital Markets. The rating was downgraded by J.P. Morgan on Friday, December 15 to “Sell”.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.19, from 1.21 in 2017Q2. It fall, as 34 investors sold EGN shares while 86 reduced holdings. 41 funds opened positions while 81 raised stakes. 89.38 million shares or 7.87% less from 97.02 million shares in 2017Q2 were reported. Voya Invest Ltd Liability Company has 27,200 shares. Baystate Wealth Mgmt Limited Liability Corp reported 0% stake. Corbyn Inv Mngmt Inc Md holds 4,403 shares or 0.08% of its portfolio. Neuberger Berman Gru Limited Liability Co stated it has 6,521 shares or 0% of all its holdings. Van Eck holds 11,796 shares or 0% of its portfolio. Bank Of Nova Scotia invested in 0.01% or 30,000 shares. Bluefin Trading Limited Company, New York-based fund reported 6,689 shares. Brandywine Invest Mngmt Ltd accumulated 188 shares. Moreover, Weaver C Barksdale & Assocs has 0% invested in Energen Corporation (NYSE:EGN). Retirement Of Alabama reported 0.07% stake. Waratah Limited has invested 1.13% in Energen Corporation (NYSE:EGN). New York State Teachers Retirement System owns 140,736 shares. Jacobs Levy Equity holds 0.11% or 107,823 shares in its portfolio. Keybank Natl Association Oh invested in 53,727 shares or 0.02% of the stock. Integral Derivatives Ltd Com stated it has 10,169 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: