NextEra Energy, Inc. (NYSE:NEE) Stock Position Raised by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 8,641.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,861,208 shares of the utilities provider’s stock after buying an additional 3,817,037 shares during the period. International Assets Investment Management LLC owned about 0.19% of NextEra Energy worth $326,388,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Proffitt & Goodson Inc. increased its stake in shares of NextEra Energy by 64.0% in the second quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 144 shares during the last quarter. Semmax Financial Advisors Inc. lifted its stake in NextEra Energy by 197.4% in the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 225 shares during the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of NextEra Energy in the 2nd quarter valued at $33,000. Maryland Capital Advisors Inc. bought a new stake in NextEra Energy in the third quarter worth $39,000. Finally, Family Firm Inc. acquired a new stake in shares of NextEra Energy in the second quarter worth about $40,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 2.5 %

Shares of NextEra Energy stock opened at $82.82 on Friday. The company’s fifty day moving average price is $82.19 and its two-hundred day moving average price is $75.96. The firm has a market capitalization of $170.16 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 2.92 and a beta of 0.56. NextEra Energy, Inc. has a 52-week low of $53.81 and a 52-week high of $86.10. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.49 and a quick ratio of 0.41.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.05. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. The firm had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same period in the prior year, the business posted $0.94 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. On average, analysts expect that NextEra Energy, Inc. will post 3.4 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 22nd will be issued a dividend of $0.515 per share. The ex-dividend date is Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a yield of 2.49%. NextEra Energy’s dividend payout ratio is 56.13%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NEE shares. BMO Capital Markets lifted their price target on shares of NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Scotiabank boosted their target price on shares of NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 20th. Jefferies Financial Group began coverage on NextEra Energy in a research report on Thursday, September 19th. They issued a “hold” rating and a $87.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Guggenheim raised their target price on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, NextEra Energy has an average rating of “Hold” and a consensus target price of $86.38.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 658 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.26. Following the sale, the executive vice president now owns 100 shares in the company, valued at approximately $7,697. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.18% of the company’s stock.

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.