NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Stephens Inc. AR

Stephens Inc. AR decreased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 204,992 shares of the utilities provider’s stock after selling 6,101 shares during the quarter. Stephens Inc. AR’s holdings in NextEra Energy were worth $14,696,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Howland Capital Management LLC lifted its position in shares of NextEra Energy by 59.2% during the 4th quarter. Howland Capital Management LLC now owns 7,974 shares of the utilities provider’s stock valued at $572,000 after acquiring an additional 2,965 shares during the period. Benedict Financial Advisors Inc. increased its stake in NextEra Energy by 3.0% in the 4th quarter. Benedict Financial Advisors Inc. now owns 18,566 shares of the utilities provider’s stock valued at $1,331,000 after purchasing an additional 540 shares in the last quarter. Richard C. Young & CO. LTD. boosted its position in NextEra Energy by 3.8% during the fourth quarter. Richard C. Young & CO. LTD. now owns 94,620 shares of the utilities provider’s stock worth $6,783,000 after purchasing an additional 3,483 shares in the last quarter. Birch Hill Investment Advisors LLC grew its holdings in NextEra Energy by 4.9% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 74,076 shares of the utilities provider’s stock valued at $5,311,000 after purchasing an additional 3,438 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in shares of NextEra Energy during the 4th quarter worth $6,431,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insider Activity at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the sale, the executive vice president now owns 15,792 shares of the company’s stock, valued at $1,193,401.44. This represents a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.18% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on NEE. Royal Bank of Canada lowered shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. Evercore ISI dropped their price target on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research report on Monday, January 27th. Guggenheim upped their price objective on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Scotiabank lifted their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research report on Thursday, December 12th. Finally, Barclays raised their price target on shares of NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, NextEra Energy currently has an average rating of “Hold” and a consensus price target of $85.85.

NextEra Energy Stock Down 1.5 %

Shares of NYSE NEE opened at $68.24 on Friday. The stock has a market capitalization of $140.33 billion, a PE ratio of 20.25, a P/E/G ratio of 2.42 and a beta of 0.58. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The firm has a fifty day moving average of $71.66 and a 200-day moving average of $76.98. NextEra Energy, Inc. has a 52-week low of $53.95 and a 52-week high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. On average, analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.