Bank of Nova Scotia Reduces $3M in Emera Incorporated ($EMA)
Key Points
- Bank of Nova Scotia changed its Emera Incorporated ($EMA) stake by 1.6% last quarter, cutting to 3,349,640 shares worth $174.16 million.
- Wall Street's consensus rating on $EMA is Hold and an average price target of $62.00.
- $EMA last traded around $51.99.
Bank of Nova Scotia trimmed its position in Emera Incorporated ($EMA) by 1.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,349,640 shares of Emera Incorporated after selling 54,216 shares during the quarter. Bank of Nova Scotia's holdings in Emera Incorporated were worth $174.16 million as of its most recent filing.
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About Emera Incorporated
Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
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