Moody National Bank Trust Division Has $2.29 Million Holdings in NextEra Energy, Inc. (NYSE:NEE)

Moody National Bank Trust Division decreased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,954 shares of the utilities provider’s stock after selling 1,089 shares during the period. Moody National Bank Trust Division’s holdings in NextEra Energy were worth $2,291,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Nordea Investment Management AB raised its position in shares of NextEra Energy by 20.9% in the fourth quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock valued at $634,703,000 after purchasing an additional 1,525,436 shares during the period. Border to Coast Pensions Partnership Ltd grew its stake in NextEra Energy by 2.2% in the 3rd quarter. Border to Coast Pensions Partnership Ltd now owns 1,216,077 shares of the utilities provider’s stock valued at $102,495,000 after buying an additional 26,270 shares during the last quarter. Swiss National Bank raised its holdings in NextEra Energy by 0.4% in the 3rd quarter. Swiss National Bank now owns 6,098,200 shares of the utilities provider’s stock valued at $515,481,000 after acquiring an additional 21,400 shares during the period. Dillon & Associates Inc. raised its holdings in NextEra Energy by 16.0% in the 3rd quarter. Dillon & Associates Inc. now owns 59,320 shares of the utilities provider’s stock valued at $5,042,000 after acquiring an additional 8,184 shares during the period. Finally, ST Germain D J Co. Inc. lifted its holdings in NextEra Energy by 5.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 171,735 shares of the utilities provider’s stock worth $12,312,000 after purchasing an additional 9,425 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NextEra Energy

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

NextEra Energy Trading Down 1.2 %

NYSE:NEE traded down $0.80 during trading hours on Monday, hitting $66.58. 8,434,014 shares of the company were exchanged, compared to its average volume of 8,383,788. The stock has a market capitalization of $136.92 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 2.66 and a beta of 0.58. The company has a fifty day simple moving average of $74.23 and a 200 day simple moving average of $77.32. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.05. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The firm had revenue of $7.57 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the company posted $0.94 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Sell-side analysts expect that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 22nd were given a $0.515 dividend. This represents a $2.06 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend was Friday, November 22nd. NextEra Energy’s payout ratio is currently 60.95%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Dbs Bank downgraded NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Guggenheim lifted their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Scotiabank upped their target price on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. BMO Capital Markets lifted their price target on NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Finally, Jefferies Financial Group initiated coverage on NextEra Energy in a research note on Thursday, September 19th. They issued a “hold” rating and a $87.00 price objective on the stock. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $87.15.

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.