Neenah, Inc. (NP) Reaches $79.48 After 7.00% Down Move; Shorts at Wec Energy Group (WEC) Raised By 4.7%

February 15, 2018 - By reb123z

The stock of Neenah, Inc. (NYSE:NP) is a huge mover today! The stock decreased 6.49% or $5.515 during the last trading session, reaching $79.475. About 78,169 shares traded or 4.76% up from the average. Neenah, Inc. (NYSE:NP) has risen 14.60% since February 15, 2017 and is uptrending. It has underperformed by 2.10% the S&P500.The move comes after 7 months negative chart setup for the $1.34 billion company. It was reported on Feb, 15 by Barchart.com. We have $73.91 PT which if reached, will make NYSE:NP worth $93.59M less.

Wec Energy Group Incorporated (NYSE:WEC) had an increase of 4.7% in short interest. WEC’s SI was 9.09M shares in February as released by FINRA. Its up 4.7% from 8.68 million shares previously. With 1.46M avg volume, 6 days are for Wec Energy Group Incorporated (NYSE:WEC)’s short sellers to cover WEC’s short positions. The stock increased 1.04% or $0.6237 during the last trading session, reaching $60.7637. About 782,619 shares traded. WEC Energy Group, Inc. (NYSE:WEC) has risen 4.43% since February 15, 2017 and is uptrending. It has underperformed by 12.27% the S&P500.

Since August 15, 2017, it had 0 insider purchases, and 4 insider sales for $2.56 million activity. $821,591 worth of stock was sold by KLAPPA GALE E on Wednesday, August 23. BOWLES BARBARA L sold $97,013 worth of stock. $97,500 worth of stock was sold by Lauber Scott J on Wednesday, August 23. Shares for $990,000 were sold by Martin Susan H.. Metcalfe Tom also sold $644,371 worth of WEC Energy Group, Inc. (NYSE:WEC) on Tuesday, August 15.

Investors sentiment increased to Infinity in 2017 Q3. Its up Infinity, from 1 in 2017Q2. It improved, as 0 investors sold WEC Energy Group, Inc. shares while 0 reduced holdings. 0 funds opened positions while 5 raised stakes. 453,882 shares or 106.06% more from 220,272 shares in 2017Q2 were reported. West Oak Ltd Liability Corporation reported 23,520 shares. Vantage Invest Advisors Ltd Liability reported 0.1% of its portfolio in WEC Energy Group, Inc. (NYSE:WEC). North Star Asset Mgmt accumulated 0.05% or 7,164 shares. 7,313 were reported by Ashford Capital Mngmt. Bruce And Inc invested 0.32% of its portfolio in WEC Energy Group, Inc. (NYSE:WEC). Gemmer Asset Management Ltd Liability invested 0% in WEC Energy Group, Inc. (NYSE:WEC). Moreover, Prudential Public Limited Com has 0.01% invested in WEC Energy Group, Inc. (NYSE:WEC) for 27,100 shares. California-based Eqis Management Inc has invested 0.07% in WEC Energy Group, Inc. (NYSE:WEC). Fishman Jay A Mi holds 4,000 shares or 0.05% of its portfolio. Balasa Dinverno And Foltz Llc has invested 0.06% in WEC Energy Group, Inc. (NYSE:WEC). Gulf Interest Retail Bank (Uk) has invested 0.09% in WEC Energy Group, Inc. (NYSE:WEC).

Among 13 analysts covering Wisconsin Energy Corporation (NYSE:WEC), 3 have Buy rating, 1 Sell and 9 Hold. Therefore 23% are positive. Wisconsin Energy Corporation had 27 analyst reports since July 28, 2015 according to SRatingsIntel. Deutsche Bank upgraded WEC Energy Group, Inc. (NYSE:WEC) on Monday, December 14 to “Buy” rating. The rating was downgraded by UBS on Monday, October 26 to “Sell”. The stock of WEC Energy Group, Inc. (NYSE:WEC) has “Sell” rating given on Monday, June 26 by Goldman Sachs. The firm has “Buy” rating given on Friday, September 18 by Mizuho. On Wednesday, October 18 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The company was upgraded on Tuesday, September 8 by Wells Fargo. The firm has “Buy” rating given on Tuesday, July 28 by Goldman Sachs. The company was downgraded on Thursday, February 2 by Mizuho. The rating was maintained by Argus Research with “Buy” on Tuesday, January 19. Goldman Sachs upgraded WEC Energy Group, Inc. (NYSE:WEC) on Monday, August 31 to “Conviction Buy List” rating.

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company has market cap of $19.18 billion. The firm operates through Wisconsin, Illinois, Other States, Electric Transmission, We Power, and Corporate and Other divisions. It has a 16.03 P/E ratio. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.

Neenah Paper, Inc. produces and sells technical products, and fine paper and packaging products worldwide. The company has market cap of $1.34 billion. The companyÂ’s Technical Products segment provides filtration media for transportation, water, and other filtration markets; saturated and unsaturated crepe, and flat paper tapes to manufacturers; coated lightweight abrasive paper for use in the automotive, construction, metal, and woodworking industries; label and tag products for variable and digital printing; latex saturated and coated papers; premask, medical packaging, image transfer, publishing, and security papers; and other specialty products, including clean room papers, durable printing papers, release papers, and furniture backers. It has a 16.98 P/E ratio. The Company’s Fine Paper and Packaging segment makes and sells writing, text, cover, and specialty papers and envelopes used in corporate identity packages, advertising collateral, premium labels and packaging, and wide format applications.

Investors sentiment increased to 1.29 in Q3 2017. Its up 0.30, from 0.99 in 2017Q2. It increased, as 12 investors sold Neenah, Inc. shares while 53 reduced holdings. 21 funds opened positions while 63 raised stakes. 14.56 million shares or 4.91% less from 15.31 million shares in 2017Q2 were reported. Wellington Mgmt Grp Limited Liability Partnership reported 0.01% of its portfolio in Neenah, Inc. (NYSE:NP). Ubs Asset Mngmt Americas has invested 0% in Neenah, Inc. (NYSE:NP). The New York-based Gotham Asset Management Ltd Liability Corp has invested 0% in Neenah, Inc. (NYSE:NP). Evercore Wealth Limited Company owns 300 shares for 0% of their portfolio. Los Angeles Capital Mngmt Equity Research holds 36,258 shares. Jefferies Gp invested 0% in Neenah, Inc. (NYSE:NP). Motley Fool Wealth Mgmt Ltd Liability reported 2,572 shares. Bb&T accumulated 48,353 shares. Alliancebernstein Limited Partnership invested in 23,196 shares. Moreover, Ameriprise Inc has 0.02% invested in Neenah, Inc. (NYSE:NP) for 377,366 shares. Moreover, Timber Creek Limited Liability Company has 0.01% invested in Neenah, Inc. (NYSE:NP) for 149 shares. Burney Company has 0.01% invested in Neenah, Inc. (NYSE:NP). Comerica Financial Bank holds 0.01% or 17,909 shares. Moreover, Jacobs Levy Equity has 0.02% invested in Neenah, Inc. (NYSE:NP). Schwab Charles Inv Mngmt holds 111,877 shares.

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