Tilia Fiduciary Partners Inc. Buys 2,113 Shares of NextEra Energy, Inc. $NEE

Tilia Fiduciary Partners Inc. raised its stake in NextEra Energy, Inc. (NYSE:NEE) by 7.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,881 shares of the utilities provider’s stock after acquiring an additional 2,113 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in NextEra Energy were worth $2,144,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. 1 North Wealth Services LLC acquired a new position in NextEra Energy in the first quarter worth $26,000. Nova Wealth Management Inc. acquired a new position in NextEra Energy in the first quarter worth $32,000. IMA Advisory Services Inc. acquired a new position in NextEra Energy in the first quarter worth $35,000. Semmax Financial Advisors Inc. boosted its stake in NextEra Energy by 335.0% in the first quarter. Semmax Financial Advisors Inc. now owns 509 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 392 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC boosted its stake in NextEra Energy by 237.7% in the first quarter. CBIZ Investment Advisory Services LLC now owns 520 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 366 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other NextEra Energy news, EVP Mark Lemasney sold 846 shares of the stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $74.90, for a total value of $63,365.40. Following the transaction, the executive vice president owned 9,267 shares of the company’s stock, valued at approximately $694,098.30. This represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Dunne sold 10,000 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $70.79, for a total value of $707,900.00. Following the completion of the transaction, the executive vice president directly owned 62,064 shares in the company, valued at $4,393,510.56. The trade was a 13.88% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,369 shares of company stock worth $1,539,610. Corporate insiders own 0.20% of the company’s stock.

NextEra Energy Trading Up 2.5%

Shares of NEE opened at $80.12 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.54 and a debt-to-equity ratio of 1.36. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.00. The firm has a market capitalization of $164.98 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 2.69 and a beta of 0.66. The stock’s fifty day simple moving average is $72.99 and its 200-day simple moving average is $71.28.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. NextEra Energy had a return on equity of 12.31% and a net margin of 22.84%.The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.52 billion. During the same quarter in the prior year, the firm posted $0.96 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. As a group, research analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Thursday, August 28th were paid a $0.5665 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $2.27 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio is presently 79.37%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on NEE shares. Weiss Ratings reissued a “hold (c)” rating on shares of NextEra Energy in a research note on Saturday, September 27th. BMO Capital Markets boosted their price objective on NextEra Energy from $77.00 to $81.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. HSBC reduced their price objective on NextEra Energy from $88.00 to $86.00 and set a “buy” rating on the stock in a research note on Friday, July 11th. Barclays boosted their price objective on NextEra Energy from $65.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 10th. Finally, Mizuho set a $78.00 price target on NextEra Energy in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $84.08.

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.