NextEra Energy, Inc. (NYSE:NEE) Stock Position Lifted by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 26.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 228,982 shares of the utilities provider's stock after acquiring an additional 47,548 shares during the quarter. Aptus Capital Advisors LLC's holdings in NextEra Energy were worth $16,416,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Tidal Investments LLC raised its position in NextEra Energy by 21.8% during the third quarter. Tidal Investments LLC now owns 58,534 shares of the utilities provider's stock valued at $4,948,000 after purchasing an additional 10,460 shares during the period. Versant Capital Management Inc increased its position in NextEra Energy by 19.6% during the 4th quarter. Versant Capital Management Inc now owns 4,358 shares of the utilities provider's stock valued at $312,000 after purchasing an additional 713 shares during the period. GAMMA Investing LLC lifted its holdings in NextEra Energy by 7.2% during the fourth quarter. GAMMA Investing LLC now owns 28,732 shares of the utilities provider's stock worth $2,060,000 after buying an additional 1,928 shares during the period. Modus Advisors LLC boosted its position in NextEra Energy by 5.4% during the 4th quarter. Modus Advisors LLC now owns 19,496 shares of the utilities provider's stock valued at $1,398,000 after acquiring an additional 998 shares in the last quarter. Finally, Centre Asset Management LLC increased its holdings in shares of NextEra Energy by 7.4% in the 4th quarter. Centre Asset Management LLC now owns 14,927 shares of the utilities provider's stock valued at $1,070,000 after acquiring an additional 1,034 shares during the period. Institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

NEE has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research report on Tuesday, March 11th. Barclays decreased their target price on shares of NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 29th. Jefferies Financial Group cut their price target on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Wells Fargo & Company lowered their price objective on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Finally, Guggenheim reaffirmed a "buy" rating and set a $89.00 target price on shares of NextEra Energy in a research report on Thursday, March 20th. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $83.46.

NextEra Energy Price Performance

NYSE NEE traded up $0.78 during trading hours on Wednesday, hitting $67.32. 9,961,094 shares of the company's stock traded hands, compared to its average volume of 10,764,291. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The firm's 50-day moving average is $68.86 and its 200-day moving average is $71.87. NextEra Energy, Inc. has a 52-week low of $61.72 and a 52-week high of $86.10. The company has a market capitalization of $138.59 billion, a PE ratio of 19.98, a PEG ratio of 2.45 and a beta of 0.69.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting analysts' consensus estimates of $0.99. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. The firm had revenue of $6.25 billion for the quarter, compared to the consensus estimate of $6.58 billion. During the same quarter last year, the business posted $0.91 earnings per share. The firm's revenue was up 9.0% compared to the same quarter last year. Equities analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were issued a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.37%. This is an increase from NextEra Energy's previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Friday, February 28th. NextEra Energy's payout ratio is 84.64%.

Insiders Place Their Bets

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the sale, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.18% of the stock is owned by corporate insiders.

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,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.