Calton & Associates Inc. Makes New $398,000 Investment in NextEra Energy, Inc. (NYSE:NEE)

Calton & Associates Inc. purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,615 shares of the utilities provider's stock, valued at approximately $398,000.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock valued at $2,028,000 after buying an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock valued at $348,000 after buying an additional 298 shares during the period. Proficio Capital Partners LLC increased its holdings in NextEra Energy by 88.0% during the 4th quarter. Proficio Capital Partners LLC now owns 13,199 shares of the utilities provider's stock worth $946,000 after acquiring an additional 6,177 shares during the period. iA Global Asset Management Inc. bought a new position in shares of NextEra Energy during the 4th quarter valued at about $1,377,000. Finally, Millstone Evans Group LLC bought a new position in NextEra Energy during the 4th quarter worth approximately $179,000. 78.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on NEE. HSBC dropped their target price on shares of NextEra Energy from $88.00 to $86.00 and set a "buy" rating on the stock in a research report on Friday, July 11th. UBS Group lowered their target price on NextEra Energy from $94.00 to $84.00 and set a "buy" rating for the company in a research note on Friday, May 23rd. Barclays boosted their price objective on shares of NextEra Energy from $65.00 to $67.00 and gave the stock an "equal weight" rating in a report on Thursday, July 10th. JPMorgan Chase & Co. lowered their price objective on NextEra Energy from $86.00 to $82.00 in a research report on Thursday, July 3rd. Finally, Wells Fargo & Company dropped their price target on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $84.42.

NextEra Energy Stock Performance

NYSE:NEE traded up $1.14 during mid-day trading on Tuesday, reaching $77.31. 3,932,542 shares of the stock were exchanged, compared to its average volume of 11,008,733. The company has a quick ratio of 0.45, a current ratio of 0.55 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 company has a 50 day simple moving average of $72.09 and a 200-day simple moving average of $70.32. The stock has a market capitalization of $159.14 billion, a P/E ratio of 28.96, a P/E/G ratio of 2.68 and a beta of 0.67.

NextEra Energy (NYSE:NEE - Get Free Report) last announced 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 business had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $6.58 billion. NextEra Energy had a net margin of 21.81% and a return on equity of 12.06%. The company's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. Analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were issued 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 yield of 2.93%. NextEra Energy's dividend payout ratio (DPR) is currently 85.02%.

Insider Transactions at NextEra Energy

In other news, EVP Charles E. Sieving sold 23,684 shares of the stock in a transaction on Friday, May 9th. The stock was sold at an average price of $70.00, for a total transaction of $1,657,880.00. Following the sale, the executive vice president owned 196,817 shares in the company, valued at approximately $13,777,190. This represents a 10.74% 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. Company insiders own 0.18% of the company's stock.

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.