BLB&B Advisors lowered its stake in shares of TECO Energy, Inc. (NYSE:TE) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,629 shares of the company’s stock after selling 720 shares during the period. BLB&B Advisors’ holdings in TECO Energy were worth $417,000 at the end of the most recent quarter.

Separately, Creative Planning increased its position in shares of TECO Energy by 29.1% in the fourth quarter. Creative Planning now owns 12,260 shares of the company’s stock worth $327,000 after buying an additional 2,763 shares in the last quarter.

Shares of TECO Energy, Inc. (NYSE:TE) traded up 1.00% during midday trading on Monday, hitting $27.39. 2,386,088 shares of the stock traded hands. The firm’s 50-day moving average is $26.87 and its 200 day moving average is $25.37. TECO Energy, Inc. has a 52 week low of $17.60 and a 52 week high of $27.44. The company has a market capitalization of $6.44 billion and a price-to-earnings ratio of 48.14.

TECO Energy (NYSE:TE) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.33 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.33. The firm had revenue of $693.80 million for the quarter, compared to analyst estimates of $689.39 million. During the same quarter in the previous year, the company earned $0.32 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Equities analysts forecast that TECO Energy, Inc. will post $1.10 earnings per share for the current year.

Separately, Zacks Investment Research raised shares of TECO Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, November 4th. Eleven investment analysts have rated the stock with a hold rating, TECO Energy presently has a consensus rating of “Hold” and an average target price of $22.25.

In other news, Director Paul L. Whiting acquired 2,100 shares of TECO Energy stock in a transaction on Monday, November 23rd. The shares were purchased at an average cost of $26.27 per share, for a total transaction of $55,167.00. Following the completion of the purchase, the director now directly owns 86,044 shares of the company’s stock, valued at approximately $2,260,375.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Charles A. Attal III sold 8,900 shares of the stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $26.64, for a total transaction of $237,096.00. Following the sale, the vice president now owns 129,940 shares in the company, valued at $3,461,601.60. The disclosure for this sale can be found here.

TECO Energy, Inc. (NYSE:TE) is a holding company for regulated utilities and other businesses. TECO Energy owns no operating assets but holds all of the common stock of TEC and its subsidiary, TECO Diversified. Tampa Electric Company, the principal subsidiary of TECO Energy, Inc., has two business segments. Its Tampa Electric division provides retail electric service to more than 706,000 customers in West Central Florida with a net winter system generating capacity of 4,668 Megawatts. Peoples Gas System, the gas division of Tampa Electric Company, is engaged in the purchase, distribution and sale of natural gas for approximately 513,000 residential, commercial, industrial customers in the State of New Mexico. New Mexico Gas Company, Inc., a wholly owned subsidiary of New Mexico Gas Intermediate, Inc., is engaged in the purchase, distribution and sale of natural gas for residential, commercial and industrial customers in New Mexico.

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