NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,386 shares of the utilities provider’s stock after purchasing an additional 733 shares during the period. Advisory Alpha LLC’s holdings in NextEra Energy were worth $1,103,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Missouri Trust & Investment Co raised its holdings in NextEra Energy by 4.2% during the fourth quarter. Missouri Trust & Investment Co now owns 21,670 shares of the utilities provider’s stock worth $1,554,000 after purchasing an additional 870 shares during the last quarter. XML Financial LLC raised its stake in shares of NextEra Energy by 2.4% during the 4th quarter. XML Financial LLC now owns 16,970 shares of the utilities provider’s stock worth $1,217,000 after buying an additional 393 shares during the last quarter. Simon Quick Advisors LLC raised its stake in shares of NextEra Energy by 3.3% during the 4th quarter. Simon Quick Advisors LLC now owns 10,334 shares of the utilities provider’s stock worth $741,000 after buying an additional 334 shares during the last quarter. MCF Advisors LLC grew its stake in NextEra Energy by 33.0% in the 4th quarter. MCF Advisors LLC now owns 21,211 shares of the utilities provider’s stock valued at $1,521,000 after acquiring an additional 5,260 shares during the last quarter. Finally, Aspire Private Capital LLC increased its holdings in NextEra Energy by 3.6% during the 4th quarter. Aspire Private Capital LLC now owns 10,003 shares of the utilities provider’s stock valued at $717,000 after acquiring an additional 349 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Stock Down 3.4 %

Shares of NYSE NEE opened at $68.47 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $140.81 billion, a PE ratio of 20.26, a P/E/G ratio of 2.38 and a beta of 0.58. The firm has a fifty day moving average of $73.33 and a 200-day moving average of $77.24. NextEra Energy, Inc. has a 52-week low of $53.95 and a 52-week high of $86.10.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Dbs Bank downgraded shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, September 27th. Royal Bank of Canada cut NextEra Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, October 22nd. BMO Capital Markets upped their price objective on NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Guggenheim lifted their price objective on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Barclays upped their target price on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of “Hold” and a consensus price target of $87.15.

Insider Buying and Selling

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the business’s stock in a transaction that occurred on 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 in the company, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.18% of the company’s stock.

About NextEra Energy

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.