“Big money” Positions

“Big money sentiment for New Jersey Resources Corp (NYSE:NJR) in Q4 2018 increased to 1.34, SEC.gov filings reveal. That’s up 0.23, from 2018Q3’s 1.11. 111 institutional investors started new or increased positions, while 83 sold and decreased stakes in New Jersey Resources Corp so the sentiment is positive. These funds own 59.46 million shares, that’s up from 57.08 million shares in 2018Q3. Funds holding New Jersey Resources Corp in top 10 was flat from 0 to 0 for the same number . In total 23 funds closed positions, 60 reduced and 74 increased. Also 37 funds bought new New Jersey Resources Corp stakes.

Most New Jersey Resources Corp Shareholders

As of Q4 2018 Clear Harbor Asset Management Llc has 1.49% invested in New Jersey Resources Corp. New Jersey Resources Corp’s shareholder Hartford Financial Management Inc. owns 76,500 shares as of Q4 2018. Mercer Capital Advisers Inc. reported 30,265 shares. Griffin Asset Management Inc. revealed 112,500 shares position in New Jersey Resources Corp. The California-based fund Phocas Financial Corp. holds 124,583 shares or 0.63% of their equity exposure.

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services.The firm is worth $4.41 billion. The firm operates through Natural Gas Distribution, Clean Energy Ventures, Energy Services, Midstream, and Home Services and Other divisions.22.55 is the P/E ratio. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 521,200 residential and commercial clients in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.

The stock increased 1.04% or $0.51 during the last trading session, touching $49.68.New Jersey Resources Corporation has volume of 342,660 shares. Since April 6, 2018 NJR has risen 28.83% and is uptrending. The stock outperformed the S&P 500 by 24.46%.

Investors wait New Jersey Resources Corporation (NYSE:NJR)’s quarterly earnings on May, 3., as reported by RTT. Analysts expect change of 27.78 % or $0.45 from previous year’s $1.62 earnings per share compared to current’s $1.17 earnings per share. This could be $103.86 million profit for NJR assuming the current $1.17 earnings per share will become reality. Analysts at Wall Street see New Jersey Resources Corporation’s 91.80 % EPS growth compared to $0.61 earnings per share for last quarter.

Great West Life Assurance Company Can stated it has 116,008 shs or 0.01% of all its holdings. Sg Americas Securities Ltd Liability Co stated it has 19,392 shs. Penobscot Inv Mngmt Co holds 0.06% or 5,700 shs. 75 are held by Smithfield Trust. Bluecrest Capital Mgmt Ltd holds 0.01% of its capital in New Jersey Resources Corporation (NYSE:NJR) for 4,469 shs. Parametric Portfolio Assocs Llc holds 153,210 shs or 0.01% of its capital. The New York-based Goldman Sachs Inc has invested 0.03% in New Jersey Resources Corporation (NYSE:NJR). Numerixs Invest invested 0.01% in New Jersey Resources Corporation (NYSE:NJR). Kennedy Cap owns 379,519 shs. Metropolitan Life Ins Communication Ny reported 50,930 shs. Retirement Of Alabama holds 336,750 shs. Lpl Fin Limited Com holds 0% or 7,026 shs in its capital. Fmr Ltd accumulated 1.10 million shs. Stifel Financial owns 22,744 shs or 0% of their US capital. Raymond James And Associate holds 0.01% or 75,584 shs.

New Jersey Resources Corporation registered $138,080 net activity with 0 insider purchases and 3 insider sales since November 27, 2018.

For more New Jersey Resources Corporation (NYSE:NJR) news published briefly go to: Businesswire.com, Seekingalpha.com, Streetinsider.com, Businesswire.com or Seekingalpha.com. The titles are as follows: “New Jersey Natural Gas Plans to Invest $507 Million to Strengthen Infrastructure – Business Wire” published on February 28, 2019, “New Jersey Resources Corporation (NJR) Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 20, 2018, “New Jersey Resources (NJR) Subsidiary New Jersey Natural Gas Announces 3.7% Net Increase to Basic Gas Supply Service Prices – StreetInsider.com” with a publish date: December 28, 2018, “New Jersey Resources Board of Directors Declares Quarterly Dividend – Business Wire” and the last “New Jersey Resources Corporation (NJR) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 07, 2018.