Campbell & CO Investment Adviser LLC Has $3.57 Million Holdings in NextEra Energy, Inc. $NEE

Key Points

• Campbell & CO Investment Adviser LLC increased its holdings in NextEra Energy by 165.5%, now owning 50,352 shares worth approximately $3.57 million.
• Several large investors have also adjusted their positions in NextEra Energy, with GQG Partners LLC and Northern Trust Corp significantly increasing their stakes.
• NextEra Energy recently announced a quarterly dividend of $0.5665 per share, yielding 3.0%, with the ex-dividend date set for August 28th.

Campbell & CO Investment Adviser LLC increased its stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 165.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,352 shares of the utilities provider's stock after buying an additional 31,384 shares during the quarter. Campbell & CO Investment Adviser LLC's holdings in NextEra Energy were worth $3,569,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in NEE. GQG Partners LLC raised its stake in NextEra Energy by 58.4% in the 1st quarter. GQG Partners LLC now owns 17,236,502 shares of the utilities provider's stock valued at $1,221,896,000 after acquiring an additional 6,352,798 shares during the period. Two Sigma Advisers LP bought a new stake in NextEra Energy in the 4th quarter valued at $240,269,000. Charles Schwab Investment Management Inc. raised its stake in NextEra Energy by 20.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 16,446,413 shares of the utilities provider's stock valued at $1,165,748,000 after acquiring an additional 2,815,629 shares during the period. GAMMA Investing LLC raised its stake in NextEra Energy by 8,456.8% in the 1st quarter. GAMMA Investing LLC now owns 2,458,536 shares of the utilities provider's stock valued at $174,286,000 after acquiring an additional 2,429,804 shares during the period. Finally, Northern Trust Corp raised its stake in NextEra Energy by 9.6% in the 4th quarter. Northern Trust Corp now owns 23,090,426 shares of the utilities provider's stock valued at $1,655,353,000 after acquiring an additional 2,030,331 shares during the period. Institutional investors and hedge funds own 78.72% of the company's stock.

Insider Buying and Selling at NextEra Energy

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

Analyst Ratings Changes

A number of research firms recently weighed in on NEE. Melius began coverage on NextEra Energy in a research note on Wednesday. They issued a "buy" rating and a $77.00 price target on the stock. 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 note on Thursday, July 10th. BMO Capital Markets increased their price target on NextEra Energy from $77.00 to $81.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. HSBC dropped their price target 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. Finally, JPMorgan Chase & Co. increased their price target on NextEra Energy from $86.00 to $87.00 and gave the company an "overweight" rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, NextEra Energy currently has an average rating of "Moderate Buy" and an average target price of $84.23.

NextEra Energy Stock Up 0.2%

NEE stock opened at $76.2270 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.54 and a quick ratio of 0.45. The stock has a market capitalization of $156.97 billion, a price-to-earnings ratio of 26.65, a PEG ratio of 2.63 and a beta of 0.63. The business's fifty day moving average price is $73.04 and its two-hundred day moving average price is $70.80. NextEra Energy, Inc. has a fifty-two week low of $61.72 and a fifty-two week high of $86.10.

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

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Thursday, August 28th will be issued a dividend of $0.5665 per share. This represents a $2.27 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, August 28th. NextEra Energy's dividend payout ratio is 79.02%.

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.

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