NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Fluent Financial LLC

Fluent Financial LLC boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,990 shares of the utilities provider’s stock after purchasing an additional 4,020 shares during the period. NextEra Energy makes up approximately 1.8% of Fluent Financial LLC’s holdings, making the stock its 19th biggest position. Fluent Financial LLC’s holdings in NextEra Energy were worth $4,157,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC lifted its stake in NextEra Energy by 14.7% during the fourth quarter. Empowered Funds LLC now owns 45,566 shares of the utilities provider’s stock valued at $3,267,000 after purchasing an additional 5,831 shares during the last quarter. Empower Advisory Group LLC lifted its position in shares of NextEra Energy by 2.3% in the 4th quarter. Empower Advisory Group LLC now owns 1,823,327 shares of the utilities provider’s stock valued at $130,714,000 after acquiring an additional 41,328 shares in the last quarter. Brentview Investment Management LLC purchased a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $3,761,000. Fortress Financial Solutions LLC purchased a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $315,000. Finally, Ibex Wealth Advisors lifted its position in shares of NextEra Energy by 1,408.9% in the 4th quarter. Ibex Wealth Advisors now owns 106,376 shares of the utilities provider’s stock valued at $7,626,000 after acquiring an additional 99,326 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NextEra Energy

In other news, EVP Charles E. Sieving sold 23,684 shares of the stock in a transaction on Friday, May 9th. The shares were sold at an average price of $70.00, for a total transaction of $1,657,880.00. Following the transaction, the executive vice president now owns 196,817 shares in the company, valued at $13,777,190. This represents a 10.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on NEE shares. UBS Group reduced their price target on shares of NextEra Energy from $94.00 to $84.00 and set a “buy” rating for the company in a research report on Friday. Erste Group Bank downgraded shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 8th. Barclays reduced their price target on shares of NextEra Energy from $73.00 to $65.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 29th. Morgan Stanley restated an “overweight” rating on shares of NextEra Energy in a research report on Wednesday, April 23rd. Finally, Jefferies Financial Group reduced their price target on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $83.50.

NextEra Energy Stock Up 1.3%

NextEra Energy stock opened at $67.82 on Tuesday. The firm has a market cap of $139.62 billion, a PE ratio of 20.12, a P/E/G ratio of 2.45 and a beta of 0.69. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. The firm’s 50 day moving average price is $68.52 and its two-hundred day moving average price is $70.93. NextEra Energy, Inc. has a twelve month low of $61.72 and a twelve month high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. The company had revenue of $6.25 billion for the quarter, compared to analyst estimates of $6.58 billion. During the same quarter in the prior year, the business posted $0.91 EPS. NextEra Energy’s quarterly revenue was up 9.0% on a year-over-year basis. On average, research analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.5665 per share. The ex-dividend date is Monday, June 2nd. This represents a $2.27 annualized dividend and a dividend yield of 3.34%. NextEra Energy’s dividend payout ratio (DPR) is 84.64%.

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.