NextEra Energy, Inc. $NEE Shares Acquired by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 6.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,564 shares of the utilities provider’s stock after buying an additional 361 shares during the period. Huntleigh Advisors Inc.’s holdings in NextEra Energy were worth $386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Hartline Investment Corp increased its holdings in shares of NextEra Energy by 93.1% during the 2nd quarter. Hartline Investment Corp now owns 66,555 shares of the utilities provider’s stock worth $4,620,000 after buying an additional 32,094 shares during the last quarter. Nicholson Wealth Management Group LLC increased its holdings in shares of NextEra Energy by 2.2% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 22,190 shares of the utilities provider’s stock worth $1,540,000 after buying an additional 480 shares during the last quarter. Carmel Capital Partners LLC increased its holdings in NextEra Energy by 661.4% in the 2nd quarter. Carmel Capital Partners LLC now owns 28,330 shares of the utilities provider’s stock valued at $1,967,000 after purchasing an additional 24,609 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its holdings in NextEra Energy by 0.6% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 2,140,467 shares of the utilities provider’s stock valued at $148,591,000 after purchasing an additional 13,347 shares during the last quarter. Finally, Arista Wealth Management LLC acquired a new stake in NextEra Energy in the 2nd quarter valued at approximately $1,893,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on NEE shares. Jefferies Financial Group reiterated a “hold” rating and issued a $85.00 target price (up previously from $77.00) on shares of NextEra Energy in a report on Tuesday. HSBC dropped their target price on shares of NextEra Energy from $88.00 to $86.00 and set a “buy” rating for the company in a report on Friday, July 11th. Evercore ISI set a $92.00 target price on shares of NextEra Energy and gave the company an “outperform” rating in a report on Monday, October 6th. Melius started coverage on shares of NextEra Energy in a report on Wednesday, August 20th. They issued a “buy” rating and a $77.00 target price for the company. Finally, BMO Capital Markets lifted their target price on shares of NextEra Energy from $77.00 to $81.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $86.40.

Insider Buying and Selling at NextEra Energy

In other news, Treasurer James Michael May sold 2,177 shares of NextEra Energy stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $77.50, for a total transaction of $168,717.50. Following the completion of the sale, the treasurer directly owned 27,662 shares of the company’s stock, valued at approximately $2,143,805. The trade was a 7.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Dunne sold 10,000 shares of NextEra Energy stock in a transaction on Monday, September 8th. The stock was sold at an average price of $70.79, for a total transaction of $707,900.00. Following the sale, the executive vice president directly owned 62,064 shares of the company’s stock, valued at approximately $4,393,510.56. This trade represents a 13.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 32,705 shares of company stock worth $2,446,490. 0.20% of the stock is currently owned by company insiders.

NextEra Energy Stock Performance

Shares of NEE stock opened at $84.48 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.54 and a debt-to-equity ratio of 1.36. NextEra Energy, Inc. has a 52 week low of $61.72 and a 52 week high of $86.74. The stock has a market capitalization of $173.97 billion, a PE ratio of 29.54, a P/E/G ratio of 2.85 and a beta of 0.66. The firm has a 50 day moving average of $75.54 and a two-hundred day moving average of $72.24.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Wednesday, July 23rd. The utilities provider reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NextEra Energy had a net margin of 22.84% and a return on equity of 12.31%. The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.52 billion. During the same quarter last year, the company posted $0.96 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. On average, research analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, August 28th were given a dividend of $0.5665 per share. This represents a $2.27 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, August 28th. NextEra Energy’s payout ratio is 79.37%.

NextEra Energy Company 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.