Cliftonlarsonallen Wealth Advisors LLC Boosts Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 1.5% in the 4th quarter, HoldingsChannel reports. The firm owned 37,852 shares of the utilities provider’s stock after purchasing an additional 552 shares during the period. Cliftonlarsonallen Wealth Advisors LLC’s holdings in NextEra Energy were worth $2,714,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. S.E.E.D. Planning Group LLC lifted its position in NextEra Energy by 10.8% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 155,058 shares of the utilities provider’s stock valued at $11,116,000 after acquiring an additional 15,138 shares during the last quarter. Acropolis Investment Management LLC boosted its holdings in shares of NextEra Energy by 114.8% in the fourth quarter. Acropolis Investment Management LLC now owns 2,739 shares of the utilities provider’s stock valued at $196,000 after acquiring an additional 1,464 shares during the period. Meridian Financial Partners LLC grew its position in shares of NextEra Energy by 0.7% during the fourth quarter. Meridian Financial Partners LLC now owns 23,590 shares of the utilities provider’s stock worth $1,691,000 after acquiring an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in NextEra Energy by 16.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 37,829 shares of the utilities provider’s stock valued at $2,712,000 after purchasing an additional 5,377 shares during the last quarter. Finally, Park Avenue Securities LLC raised its position in NextEra Energy by 7.1% in the 4th quarter. Park Avenue Securities LLC now owns 145,522 shares of the utilities provider’s stock valued at $10,432,000 after purchasing an additional 9,707 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the company’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 transaction, the executive vice president now owns 15,792 shares of the company’s stock, valued at $1,193,401.44. This represents a 20.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.18% of the stock is currently owned by insiders.

NextEra Energy Price Performance

NYSE NEE traded up $1.85 during trading hours on Wednesday, reaching $69.83. The company’s stock had a trading volume of 711,677 shares, compared to its average volume of 8,779,135. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.33 and a current ratio of 0.41. The company’s 50-day moving average is $73.79 and its two-hundred day moving average is $77.26. NextEra Energy, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. The stock has a market cap of $143.60 billion, a PE ratio of 20.66, a PEG ratio of 2.66 and a beta of 0.58.

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

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 22nd were given a dividend of $0.515 per share. The ex-dividend date was Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a yield of 2.95%. NextEra Energy’s dividend payout ratio (DPR) is currently 60.95%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Jefferies Financial Group initiated coverage on shares of NextEra Energy in a research note on Thursday, September 19th. They issued a “hold” rating and a $87.00 price objective on the stock. Barclays raised their price target on NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Scotiabank upped their price objective on NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 12th. Dbs Bank lowered NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, September 27th. Finally, Guggenheim increased their price target on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $87.15.

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,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.