Dai Ichi Life Insurance Company Ltd Has $3,421,000 Stake in NextEra Energy, Inc. (NEE)

Dai Ichi Life Insurance Company Ltd held its position in shares of NextEra Energy, Inc. (NYSE:NEE) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,648 shares of the utilities provider’s stock at the end of the first quarter. Dai Ichi Life Insurance Company Ltd’s holdings in NextEra Energy were worth $3,421,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Dowling & Yahnke LLC increased its position in shares of NextEra Energy by 0.5% in the first quarter. Dowling & Yahnke LLC now owns 1,779 shares of the utilities provider’s stock valued at $228,000 after buying an additional 9 shares during the last quarter. Genesee Valley Trust Co. increased its position in shares of NextEra Energy by 0.3% in the first quarter. Genesee Valley Trust Co. now owns 3,133 shares of the utilities provider’s stock valued at $402,000 after buying an additional 10 shares during the last quarter. Beese Fulmer Investment Management Inc. increased its position in shares of NextEra Energy by 0.6% in the first quarter. Beese Fulmer Investment Management Inc. now owns 2,199 shares of the utilities provider’s stock valued at $282,000 after buying an additional 13 shares during the last quarter. Regentatlantic Capital LLC increased its position in shares of NextEra Energy by 0.4% in the first quarter. Regentatlantic Capital LLC now owns 3,468 shares of the utilities provider’s stock valued at $445,000 after buying an additional 14 shares during the last quarter. Finally, Honkamp Krueger Financial Services Inc. increased its position in shares of NextEra Energy by 0.3% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 4,902 shares of the utilities provider’s stock valued at $629,000 after buying an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 76.82% of the company’s stock.

Shares of NextEra Energy, Inc. (NYSE NEE) opened at 143.15 on Tuesday. The company has a market capitalization of $67.02 billion, a P/E ratio of 17.42 and a beta of 0.31. The firm’s 50 day moving average price is $141.42 and its 200-day moving average price is $132.64. NextEra Energy, Inc. has a 1-year low of $110.49 and a 1-year high of $144.87.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, April 21st. The utilities provider reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.24. The company had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.99 billion. NextEra Energy had a return on equity of 11.82% and a net margin of 23.58%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period last year, the business posted $1.55 earnings per share. Analysts expect that NextEra Energy, Inc. will post $6.70 EPS for the current year.

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NEE has been the subject of several research analyst reports. UBS AG reiterated a “buy” rating and issued a $143.00 price objective (up from $138.00) on shares of NextEra Energy in a report on Tuesday, April 18th. Goldman Sachs Group, Inc. (The) initiated coverage on NextEra Energy in a report on Monday. They issued a “buy” rating and a $160.00 price objective for the company. Wells Fargo & Company reiterated an “outperform” rating and issued a $158.00 price objective (up from $150.00) on shares of NextEra Energy in a report on Monday, June 19th. BidaskClub downgraded NextEra Energy from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $147.00 price objective (up from $144.00) on shares of NextEra Energy in a report on Sunday, July 9th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $148.18.

In other news, Director James L. Robo sold 52,320 shares of the stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $136.48, for a total value of $7,140,633.60. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Armando Pimentel, Jr. sold 5,680 shares of the stock in a transaction dated Thursday, May 4th. The shares were sold at an average price of $133.11, for a total value of $756,064.80. Following the completion of the transaction, the chief executive officer now directly owns 79,586 shares in the company, valued at $10,593,692.46. The disclosure for this sale can be found here. Insiders sold 66,111 shares of company stock worth $9,036,943 over the last three months. Corporate insiders own 0.53% of the company’s stock.

NextEra Energy Company Profile

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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