Fort Washington Investment Advisors Inc. OH Purchases 14,051 Shares of NextEra Energy, Inc. $NEE

Fort Washington Investment Advisors Inc. OH boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 744,600 shares of the utilities provider’s stock after buying an additional 14,051 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in NextEra Energy were worth $59,776,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Sax Wealth Advisors LLC raised its holdings in shares of NextEra Energy by 0.6% in the third quarter. Sax Wealth Advisors LLC now owns 19,380 shares of the utilities provider’s stock valued at $1,463,000 after purchasing an additional 118 shares during the last quarter. apricus wealth LLC boosted its holdings in NextEra Energy by 3.8% during the third quarter. apricus wealth LLC now owns 3,272 shares of the utilities provider’s stock worth $247,000 after purchasing an additional 120 shares during the last quarter. Isthmus Partners LLC boosted its holdings in NextEra Energy by 1.9% during the third quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock worth $497,000 after purchasing an additional 120 shares during the last quarter. Fingerlakes Wealth Management Inc. grew its position in NextEra Energy by 0.8% in the third quarter. Fingerlakes Wealth Management Inc. now owns 16,215 shares of the utilities provider’s stock valued at $1,224,000 after purchasing an additional 124 shares in the last quarter. Finally, Heritage Wealth Management Inc. grew its position in NextEra Energy by 1.0% in the third quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock valued at $930,000 after purchasing an additional 125 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on NEE shares. Argus set a $92.00 price target on shares of NextEra Energy and gave the stock a “buy” rating in a research report on Wednesday, January 28th. UBS Group raised their price objective on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Mizuho set a $90.00 target price on NextEra Energy and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Finally, Barclays increased their price target on NextEra Energy from $84.00 to $85.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.44.

NextEra Energy Stock Performance

NEE opened at $91.15 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.60 and a quick ratio of 0.49. The business has a fifty day simple moving average of $90.33 and a 200 day simple moving average of $84.02. NextEra Energy, Inc. has a 1 year low of $61.72 and a 1 year high of $95.91. The company has a market capitalization of $189.90 billion, a PE ratio of 27.70 and a beta of 0.76.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. NextEra Energy had a net margin of 24.93% and a return on equity of 12.18%. The business had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $7.07 billion. During the same quarter in the previous year, the company earned $0.53 EPS. The business’s revenue was up 20.7% on a year-over-year basis. Research analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a $0.6232 dividend. The ex-dividend date was Friday, February 27th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.7%. NextEra Energy’s dividend payout ratio (DPR) is 75.68%.

Insider Transactions at NextEra Energy

In other news, EVP Charles E. Sieving sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $90.00, for a total value of $2,700,000.00. Following the completion of the transaction, the executive vice president directly owned 167,481 shares in the company, valued at approximately $15,073,290. The trade was a 15.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $646,423.47. Following the transaction, the treasurer owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 190,816 shares of company stock worth $17,075,619. Corporate insiders own 0.20% of the company’s stock.

NextEra Energy Company Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.