1,336 Shares in NextEra Energy Inc (NEE) Acquired by United Capital Management of KS Inc.

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United Capital Management of KS Inc. bought a new position in NextEra Energy Inc (NYSE:NEE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,336 shares of the utilities provider’s stock, valued at approximately $232,000.

Several other institutional investors have also recently modified their holdings of NEE. Cubist Systematic Strategies LLC grew its holdings in shares of NextEra Energy by 27.6% in the second quarter. Cubist Systematic Strategies LLC now owns 17,043 shares of the utilities provider’s stock worth $2,847,000 after purchasing an additional 3,688 shares during the last quarter. Hilltop Holdings Inc. grew its holdings in shares of NextEra Energy by 34.8% in the second quarter. Hilltop Holdings Inc. now owns 3,650 shares of the utilities provider’s stock worth $610,000 after purchasing an additional 942 shares during the last quarter. Vident Investment Advisory LLC grew its holdings in shares of NextEra Energy by 7.0% in the second quarter. Vident Investment Advisory LLC now owns 10,079 shares of the utilities provider’s stock worth $1,683,000 after purchasing an additional 661 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of NextEra Energy by 180.6% in the second quarter. AE Wealth Management LLC now owns 5,217 shares of the utilities provider’s stock worth $871,000 after purchasing an additional 3,358 shares during the last quarter. Finally, Centaurus Financial Inc. grew its holdings in shares of NextEra Energy by 53.1% in the second quarter. Centaurus Financial Inc. now owns 2,849 shares of the utilities provider’s stock worth $476,000 after purchasing an additional 988 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

In other NextEra Energy news, EVP Charles E. Sieving sold 19,731 shares of the business’s stock in a transaction dated Monday, November 19th. The stock was sold at an average price of $180.10, for a total value of $3,553,553.10. Following the completion of the transaction, the executive vice president now owns 68,245 shares of the company’s stock, valued at approximately $12,290,924.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Armando Pimentel, Jr. sold 4,920 shares of the business’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $170.11, for a total value of $836,941.20. Following the completion of the transaction, the chief executive officer now directly owns 59,969 shares of the company’s stock, valued at approximately $10,201,326.59. The disclosure for this sale can be found here. In the last three months, insiders sold 79,598 shares of company stock valued at $14,306,013. 0.55% of the stock is owned by insiders.

Shares of NEE stock opened at $175.39 on Friday. NextEra Energy Inc has a 12 month low of $145.10 and a 12 month high of $184.20. The firm has a market cap of $82.58 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 2.38 and a beta of 0.22. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 0.72.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Tuesday, October 23rd. The utilities provider reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.03. NextEra Energy had a return on equity of 10.21% and a net margin of 51.25%. The firm had revenue of $4.42 billion during the quarter, compared to analyst estimates of $4.92 billion. During the same quarter in the previous year, the firm earned $1.85 EPS. NextEra Energy’s quarterly revenue was down 8.1% compared to the same quarter last year. As a group, analysts expect that NextEra Energy Inc will post 7.77 earnings per share for the current year.

Several brokerages have recently issued reports on NEE. Credit Suisse Group raised their target price on shares of NextEra Energy from $186.00 to $193.00 and gave the stock an “outperform” rating in a report on Wednesday, December 12th. Zacks Investment Research upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating and set a $204.00 price target on the stock in a report on Monday, December 17th. Barclays lifted their price target on shares of NextEra Energy from $182.00 to $187.00 and gave the company a “hold” rating in a report on Monday, November 19th. Wells Fargo & Co lifted their price target on shares of NextEra Energy from $180.00 to $191.00 and gave the company an “outperform” rating in a report on Monday, September 17th. Finally, Argus lifted their price target on shares of NextEra Energy from $184.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, October 31st. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $179.15.

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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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.

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

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