NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Moreno Evelyn V

Moreno Evelyn V grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 8.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,061 shares of the utilities provider’s stock after purchasing an additional 4,801 shares during the quarter. Moreno Evelyn V’s holdings in NextEra Energy were worth $4,707,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Charter Oak Capital Management LLC boosted its position in NextEra Energy by 1.0% during the first quarter. Charter Oak Capital Management LLC now owns 13,474 shares of the utilities provider’s stock worth $1,039,000 after acquiring an additional 130 shares during the last quarter. Horan Securities Inc. boosted its holdings in NextEra Energy by 22.6% in the 1st quarter. Horan Securities Inc. now owns 710 shares of the utilities provider’s stock valued at $55,000 after purchasing an additional 131 shares during the last quarter. Nvest Financial LLC boosted its holdings in NextEra Energy by 1.1% in the 1st quarter. Nvest Financial LLC now owns 11,846 shares of the utilities provider’s stock valued at $913,000 after purchasing an additional 132 shares during the last quarter. White Pine Capital LLC boosted its holdings in NextEra Energy by 0.8% in the 1st quarter. White Pine Capital LLC now owns 16,348 shares of the utilities provider’s stock valued at $1,260,000 after purchasing an additional 135 shares during the last quarter. Finally, Keystone Wealth Services LLC boosted its holdings in NextEra Energy by 4.0% in the 1st quarter. Keystone Wealth Services LLC now owns 3,576 shares of the utilities provider’s stock valued at $276,000 after purchasing an additional 136 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

NextEra Energy Stock Up 0.1 %

Shares of NEE traded up $0.07 during midday trading on Monday, reaching $66.87. The stock had a trading volume of 8,296,600 shares, compared to its average volume of 8,140,195. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.53 and a quick ratio of 0.45. The company’s fifty day simple moving average is $71.06 and its two-hundred day simple moving average is $73.85. The company has a market cap of $135.33 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 2.57 and a beta of 0.47. NextEra Energy, Inc. has a 1-year low of $66.45 and a 1-year high of $91.06.

NextEra Energy (NYSE:NEE) last posted its earnings results on Tuesday, July 25th. The utilities provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.07. The firm had revenue of $7.35 billion for the quarter, compared to the consensus estimate of $6.68 billion. NextEra Energy had a net margin of 30.05% and a return on equity of 12.25%. During the same period last year, the firm posted $0.81 EPS. Equities research analysts expect that NextEra Energy, Inc. will post 3.11 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Wednesday, August 30th will be given a dividend of $0.4675 per share. This represents a $1.87 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Tuesday, August 29th. NextEra Energy’s payout ratio is currently 46.29%.

Analysts Set New Price Targets

Several research firms have weighed in on NEE. StockNews.com began coverage on shares of NextEra Energy in a report on Thursday, August 17th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. reduced their price target on shares of NextEra Energy from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 30th. The Goldman Sachs Group assumed coverage on shares of NextEra Energy in a research note on Wednesday, June 7th. They issued a “buy” rating and a $90.00 price target on the stock. Guggenheim reduced their price target on shares of NextEra Energy from $92.00 to $86.00 in a research note on Friday, July 7th. Finally, Morgan Stanley cut their target price on shares of NextEra Energy from $93.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 23rd. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $90.64.

Insider Transactions at NextEra Energy

In other news, Director Kirk S. Hachigian bought 10,000 shares of NextEra Energy stock in a transaction dated Thursday, August 17th. The stock was bought at an average price of $67.95 per share, for a total transaction of $679,500.00. Following the purchase, the director now owns 15,000 shares of the company’s stock, valued at $1,019,250. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. In other NextEra Energy news, EVP Robert Coffey sold 4,000 shares of NextEra Energy stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $74.90, for a total transaction of $299,600.00. Following the completion of the transaction, the executive vice president now owns 11,292 shares in the company, valued at $845,770.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kirk S. Hachigian bought 10,000 shares of the business’s stock in a transaction on Thursday, August 17th. The shares were acquired at an average price of $67.95 per share, with a total value of $679,500.00. Following the transaction, the director now owns 15,000 shares of the company’s stock, valued at approximately $1,019,250. The disclosure for this purchase can be found here. In the last quarter, insiders bought 27,600 shares of company stock worth $1,960,836. Company insiders own 0.18% of the company’s stock.

NextEra Energy 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, coal, and natural gas facilities. 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.