Cibc World Market Adds $29M in Emera Incorporated ($EMA)
Key Points
- Cibc World Market changed its Emera Incorporated ($EMA) stake by 4.8% last quarter, boosting to 12,377,601 shares worth $643.57 million.
- Wall Street's consensus rating on $EMA is Hold and an average price target of $62.00.
- $EMA last traded around $51.99.
Cibc World Market increased its position in Emera Incorporated ($EMA) by 4.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,377,601 shares of Emera Incorporated after buying 566,149 shares during the quarter. Cibc World Market's holdings in Emera Incorporated were worth $643.57 million as of its most recent filing.
Emera Incorporated ($EMA) Stock
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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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