4,940 Shares in NextEra Energy, Inc. $NEE Bought by Baader Bank Aktiengesellschaft

Key Points

• Baader Bank Aktiengesellschaft acquired a new position in NextEra Energy, purchasing 4,940 shares valued at approximately $343,000.
• NextEra Energy reported $1.05 earnings per share for the last quarter, exceeding analysts' expectations of $1.01, with revenues of $6.70 billion.
• The company announced a quarterly dividend of $0.5665 per share, translating to an annualized yield of 3.2%.

Baader Bank Aktiengesellschaft acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,940 shares of the utilities provider's stock, valued at approximately $343,000.

Several other large investors have also recently added to or reduced their stakes in the company. 1 North Wealth Services LLC acquired a new stake in NextEra Energy in the first quarter worth $26,000. Nova Wealth Management Inc. acquired a new position in shares of NextEra Energy during the first quarter valued at $32,000. IMA Advisory Services Inc. acquired a new position in shares of NextEra Energy during the first quarter valued at $35,000. Copia Wealth Management acquired a new position in shares of NextEra Energy during the fourth quarter valued at $36,000. Finally, Semmax Financial Advisors Inc. increased its holdings in shares of NextEra Energy by 335.0% during the first quarter. Semmax Financial Advisors Inc. now owns 509 shares of the utilities provider's stock valued at $36,000 after purchasing an additional 392 shares during the period. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Up 0.4%

Shares of NEE stock opened at $71.04 on Friday. The stock's 50 day simple moving average is $72.77 and its 200 day simple moving average is $71.06. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.54. NextEra Energy, Inc. has a twelve month low of $61.72 and a twelve month high of $86.10. The company has a market capitalization of $146.29 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 2.44 and a beta of 0.65.

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

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Thursday, August 28th were issued a $0.5665 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $2.27 dividend on an annualized basis and a yield of 3.2%. NextEra Energy's dividend payout ratio (DPR) is 79.37%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NEE shares. BMO Capital Markets raised their target price on NextEra Energy from $77.00 to $81.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. JPMorgan Chase & Co. raised their target price on NextEra Energy from $86.00 to $87.00 and gave the company an "overweight" rating in a research note on Friday, August 22nd. Melius Research upgraded NextEra Energy to a "strong-buy" rating in a research report on Wednesday, August 20th. Barclays increased their price target on NextEra Energy from $65.00 to $67.00 and gave the company an "equal weight" rating in a research report on Thursday, July 10th. Finally, Melius began coverage on NextEra Energy in a research report on Wednesday, August 20th. They issued a "buy" rating and a $77.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $84.00.

Insiders Place Their Bets

In other news, Treasurer James Michael May sold 2,177 shares of NextEra Energy stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $77.50, for a total transaction of $168,717.50. Following the sale, the treasurer owned 27,662 shares of the company's stock, valued at approximately $2,143,805. This trade represents a 7.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert Coffey sold 7,500 shares of NextEra Energy stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $71.84, for a total value of $538,800.00. Following the sale, the executive vice president directly owned 26,539 shares in the company, valued at $1,906,561.76. The trade was a 22.03% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,523 shares of company stock worth $1,476,245. Corporate insiders own 0.20% of the company's stock.

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.

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