9,297 Shares in NextEra Energy, Inc. $NEE Bought by Caxton Associates LLP

Key Points

• Caxton Associates LLP invested approximately $659,000 in NextEra Energy during the first quarter, acquiring 9,297 shares of the company.
• Institutional investors and hedge funds collectively own 78.72% of NextEra Energy's stock, indicating strong institutional interest in the company.
• NextEra Energy announced a quarterly dividend of $0.5665 per share, representing an annualized dividend of $2.27 with a yield of 3.2%.

Caxton Associates LLP acquired a new position in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,297 shares of the utilities provider's stock, valued at approximately $659,000.

A number of other large investors also recently bought and sold shares of NEE. Tradition Wealth Management LLC increased its position in shares of NextEra Energy by 2.2% during the first quarter. Tradition Wealth Management LLC now owns 6,625 shares of the utilities provider's stock worth $470,000 after purchasing an additional 143 shares in the last quarter. Cim LLC grew its holdings in shares of NextEra Energy by 0.5% during the fourth quarter. Cim LLC now owns 33,434 shares of the utilities provider's stock valued at $2,397,000 after buying an additional 158 shares during the last quarter. Conning Inc. grew its holdings in shares of NextEra Energy by 1.1% during the first quarter. Conning Inc. now owns 14,089 shares of the utilities provider's stock valued at $999,000 after buying an additional 160 shares during the last quarter. Premier Path Wealth Partners LLC grew its holdings in shares of NextEra Energy by 0.7% during the first quarter. Premier Path Wealth Partners LLC now owns 22,445 shares of the utilities provider's stock valued at $1,591,000 after buying an additional 166 shares during the last quarter. Finally, Opal Wealth Advisors LLC grew its holdings in shares of NextEra Energy by 2.9% during the first quarter. Opal Wealth Advisors LLC now owns 6,020 shares of the utilities provider's stock valued at $427,000 after buying an additional 168 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

Insider Buying and Selling at NextEra Energy

In other news, EVP Michael Dunne sold 10,000 shares of the firm's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $70.79, for a total value of $707,900.00. Following the sale, the executive vice president directly owned 62,064 shares in the company, valued at approximately $4,393,510.56. This trade represents a 13.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Robert Coffey sold 7,500 shares of the firm's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $71.84, for a total transaction of $538,800.00. Following the completion of the sale, the executive vice president owned 26,539 shares in the company, valued at $1,906,561.76. The trade was a 22.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,677 shares of company stock valued at $1,415,418 in the last 90 days. Company insiders own 0.20% of the company's stock.

NextEra Energy Trading Up 0.5%

Shares of NextEra Energy stock traded up $0.34 during mid-day trading on Friday, hitting $71.66. The stock had a trading volume of 9,343,417 shares, compared to its average volume of 10,011,098. The firm has a 50-day moving average of $73.10 and a two-hundred day moving average of $71.06. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10. The company has a quick ratio of 0.45, a current ratio of 0.54 and a debt-to-equity ratio of 1.36. The firm has a market cap of $147.57 billion, a P/E ratio of 25.06, a price-to-earnings-growth ratio of 2.46 and a beta of 0.65.

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 analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $6.70 billion during the quarter, compared to analysts' expectations of $7.52 billion. NextEra Energy had a net margin of 22.84% and a return on equity of 12.31%. The firm's quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company posted $0.96 EPS. Sell-side analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

Analyst Ratings Changes

NEE has been the topic of a number of research analyst reports. Melius Research raised shares of NextEra Energy to a "strong-buy" rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $86.00 to $87.00 and gave the company an "overweight" rating in a report on Friday, August 22nd. Morgan Stanley reissued an "overweight" rating on shares of NextEra Energy in a report on Thursday, August 21st. BMO Capital Markets upped their price target on shares of NextEra Energy from $77.00 to $81.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Finally, HSBC lowered their price target on shares of NextEra Energy from $88.00 to $86.00 and set a "buy" rating on the stock in a report on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, NextEra Energy presently has an average rating of "Moderate Buy" and an average price target of $84.00.

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.