Pnm Res Inc (NYSE:PNM) Shareholder Nuveen Asset Management Llc Trimmed Position

May 17, 2018 - By Skott Medlock

PNM Resources, Inc. (NYSE:PNM) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.59. That’s change of 0.31, from 2017Q3’s 1.28. 16 investors sold all, 69 reduced holdings as PNM ratio improved. 82 increased stakes while 53 funds bought stakes. Funds hold 72.49 million shares thus 0.24% more from 2017Q3’s 72.32 million shares. Liberty Mutual Asset Mgmt owns 0.03% invested in PNM Resources, Inc. (NYSE:PNM) for 25,345 shs. Benjamin F Edwards Company, Missouri-based fund reported 2,107 shs. Moreover, Aqr Mngmt Ltd Llc has 0.01% invested in PNM Resources, Inc. (NYSE:PNM) for 292,055 shs. 403,404 were reported by Fincl Bank Of America De. State Common Retirement Fund owns 0.01% invested in PNM Resources, Inc. (NYSE:PNM) for 111,621 shs. Prudential holds 99,218 shs or 0.01% of its capital. Walleye Trading Limited Liability Company stated it has 60,126 shs or 0.01% of all its holdings. Kennedy Capital Mngmt Inc invested in 218,830 shs or 0.16% of the stock. Invesco Ltd owns 0.01% invested in PNM Resources, Inc. (NYSE:PNM) for 460,380 shs. First Manhattan owns 0.03% invested in PNM Resources, Inc. (NYSE:PNM) for 114,850 shs. Massachusetts Fin Ma stated it has 0% of its capital in PNM Resources, Inc. (NYSE:PNM). Fifth Third Bank invested in 100 shs. Nuveen Asset Llc holds 0.09% or 338,614 shs in its capital. Swiss Bancshares owns 135,700 shs. Wellington Grp Ltd Liability Partnership, a Massachusetts-based fund reported 814,078 shs.

PNM registered $224,332 net activity with 1 buy and 3 sales since March 2, 2018. $113,674 worth of PNM Resources, Inc. (NYSE:PNM) was sold by Darnell Ronald N.. BECKER NORMAN P. bought $48,125 worth of PNM Resources, Inc. (NYSE:PNM) on Tuesday, May 8. TARRY JOSEPH DON also sold $105,458 worth of PNM Resources, Inc. (NYSE:PNM) on Friday, March 2.

Based on the latest 2018Q1 regulatory filing with the SEC, Nuveen Asset Management Llc decreased its stake in Pnm Res Inc (NYSE:PNM) by 98.11%. By selling 332,214 shares Nuveen Asset Management Llc made the stock Sank with 7.33%. The public utilities company at the end of 2018Q1 was priced at $245,000. It’s down from 338,614 at the end of the previous reported quarter. Now it had 6,400 shares held by the institutional investor . $3.02B is the MC of Pnm Res Inc. Ticker’s shares touched $37.95 during the last trading session after 0.52% change.Currently PNM Resources, Inc. is uptrending after 0.93% change in last May 17, 2017. PNM has also 450,353 shares volume. The stock underperformed the S&P500 by 10.62%.

According to a filing the Nuveen Asset Management Llc’s stake in Kroger Co (NYSE:KR) was upped by 455,231 shares to 504,213 shares valued at $12.07M in 2018Q1. It manages about $15.33 billion US Long portfolio. For a total of 1.74M shares it increased its holding in Highwoods Pptys Inc (NYSE:HIW) by 632,897 shares in the quarter, and has risen its stake in Digital Rlty Tr Inc (NYSE:DLR).

Nuveen Asset Management Llc is a Illinois-based institutional investor with more than $116.00 billion AUM in October, 2014. This fund invests only a small percentage of its assets in equities and options. Nuveen Asset Management Llc is the 40th largest institutional investor in our database. Taken from Nuveen Asset Management latest Adv, the fund reported to have 167 full and part-time employees. Among which 148 performing investment advisory and research functions. The institutional investor had more than 24900 clients.

PNM Resources, Inc. (NYSE:PNM) Ratings Coverage

In total 6 analysts cover Pnm Resources Inc (NYSE:PNM). “Buy” rating has 0, “Sell” are 1, while 5 are “Hold”. 0 are bullish. 17 are the (NYSE:PNM)’s analyst reports since December 4, 2017 according to StockzIntelligence Inc. On Monday, April 23 SunTrust maintained PNM Resources, Inc. (NYSE:PNM) with “Hold” rating. On Tuesday, January 23 Mizuho upgraded the shares of PNM in report to “Neutral” rating. In Thursday, January 18 report Mizuho maintained it with “Sell” rating and $30.0 target. On Thursday, April 12 the stock of PNM Resources, Inc. (NYSE:PNM) has “In-Line” rating given by Evercore. On Monday, December 4 SunTrust maintained the shares of PNM in report with “Hold” rating. On Monday, February 12 SunTrust maintained the shares of PNM in report with “Hold” rating. The stock rating was maintained by SunTrust with “Hold” on Monday, April 2. On Tuesday, January 16 the rating was maintained by SunTrust with “Hold”. On Monday, February 5 the firm has “Hold” rating given by SunTrust. On Monday, December 11 the firm has “Hold” rating by SunTrust given.

PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States.The firm is worth $3.02 billion. It operates through Public Service Company of New Mexico and Texas-New Mexico Power Company (TNMP) divisions.37.95 is the P/E ratio. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity.

PNM Resources, Inc. (NYSE:PNM) Institutional Investors Chart

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