NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,123 shares of the utilities provider’s stock after acquiring an additional 719 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in NextEra Energy were worth $1,072,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $3,484,197,000. Two Sigma Advisers LP purchased a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $240,269,000. California Public Employees Retirement System increased its position in shares of NextEra Energy by 46.7% in the 4th quarter. California Public Employees Retirement System now owns 7,910,346 shares of the utilities provider’s stock valued at $567,093,000 after purchasing an additional 2,517,369 shares during the last quarter. Schroder Investment Management Group grew its position in shares of NextEra Energy by 44.9% in the 4th quarter. Schroder Investment Management Group now owns 8,064,781 shares of the utilities provider’s stock valued at $578,164,000 after buying an additional 2,499,011 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of NextEra Energy by 8,456.8% in the 1st quarter. GAMMA Investing LLC now owns 2,458,536 shares of the utilities provider’s stock valued at $174,286,000 after buying an additional 2,429,804 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Up 1.4%

NEE traded up $1.08 during trading on Friday, hitting $76.26. 851,875 shares of the company’s stock were exchanged, compared to its average volume of 12,274,497. The company has a current ratio of 0.55, a quick ratio of 0.45 and a debt-to-equity ratio of 1.32. NextEra Energy, Inc. has a 1 year low of $61.72 and a 1 year high of $86.10. The stock has a 50 day moving average price of $71.98 and a 200 day moving average price of $70.31. The firm has a market cap of $156.98 billion, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 2.63 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.99. The company had revenue of $6.25 billion during the quarter, compared to analysts’ expectations of $6.58 billion. NextEra Energy had a net margin of 21.81% and a return on equity of 12.06%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 EPS. As a group, analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.5665 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $2.27 annualized dividend and a dividend yield of 2.97%. NextEra Energy’s dividend payout ratio is presently 85.02%.

Insider Transactions at NextEra Energy

In related news, EVP Charles E. Sieving sold 23,684 shares of the company’s stock in a transaction on Friday, May 9th. The shares were sold at an average price of $70.00, for a total value of $1,657,880.00. Following the sale, the executive vice president directly owned 196,817 shares of the company’s stock, valued at $13,777,190. This represents a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on NEE shares. UBS Group decreased their price target on shares of NextEra Energy from $94.00 to $84.00 and set a “buy” rating for the company in a research note on Friday, May 23rd. Guggenheim reiterated a “buy” rating and issued a $89.00 price objective on shares of NextEra Energy in a research note on Thursday, March 20th. HSBC dropped their target price on shares of NextEra Energy from $88.00 to $86.00 and set a “buy” rating for the company in a report on Friday, July 11th. Morgan Stanley lowered their price target on shares of NextEra Energy from $95.00 to $94.00 and set an “overweight” rating for the company in a report on Wednesday, June 18th. Finally, BMO Capital Markets lowered their price target on shares of NextEra Energy from $84.00 to $77.00 and set an “outperform” rating for the company in a report on Monday, April 14th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $84.08.

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.