NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Cliftonlarsonallen Wealth Advisors LLC

Cliftonlarsonallen Wealth Advisors LLC lessened its stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 10.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,827 shares of the utilities provider's stock after selling 4,025 shares during the period. Cliftonlarsonallen Wealth Advisors LLC's holdings in NextEra Energy were worth $2,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. L.M. Kohn & Company grew its position in NextEra Energy by 1.0% during the 4th quarter. L.M. Kohn & Company now owns 15,353 shares of the utilities provider's stock worth $1,101,000 after purchasing an additional 145 shares during the last quarter. Tortoise Investment Management LLC grew its holdings in shares of NextEra Energy by 8.3% during the fourth quarter. Tortoise Investment Management LLC now owns 1,943 shares of the utilities provider's stock valued at $139,000 after buying an additional 149 shares during the last quarter. Anchor Capital Advisors LLC increased its position in shares of NextEra Energy by 5.1% in the 4th quarter. Anchor Capital Advisors LLC now owns 3,105 shares of the utilities provider's stock valued at $223,000 after acquiring an additional 150 shares during the period. Aspen Investment Management Inc raised its stake in NextEra Energy by 1.0% in the 4th quarter. Aspen Investment Management Inc now owns 15,106 shares of the utilities provider's stock worth $1,083,000 after acquiring an additional 151 shares during the last quarter. Finally, Cim LLC lifted its position in NextEra Energy by 0.5% during the 4th quarter. Cim LLC now owns 33,434 shares of the utilities provider's stock worth $2,397,000 after acquiring an additional 158 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Charles E. Sieving sold 23,684 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $70.00, for a total value of $1,657,880.00. Following the transaction, the executive vice president now directly owns 196,817 shares of the company's stock, valued at approximately $13,777,190. This trade represents a 10.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. UBS Group cut their price objective on NextEra Energy from $94.00 to $84.00 and set a "buy" rating on the stock in a report on Friday, May 23rd. Erste Group Bank downgraded shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. JPMorgan Chase & Co. lifted their price objective on shares of NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research note on Tuesday, March 11th. Wells Fargo & Company dropped their price objective on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Finally, Guggenheim reissued a "buy" rating and set a $89.00 target price on shares of NextEra Energy in a report on Thursday, March 20th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $84.50.

NextEra Energy Price Performance

Shares of NEE stock traded down $0.05 during mid-day trading on Wednesday, hitting $71.82. 4,510,322 shares of the stock were exchanged, compared to its average volume of 11,089,795. NextEra Energy, Inc. has a 52-week low of $61.72 and a 52-week high of $86.10. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 1.32. The company has a market cap of $147.84 billion, a PE ratio of 26.89, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68. The firm has a fifty day moving average of $69.28 and a 200 day moving average of $70.38.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.99. NextEra Energy had a return on equity of 12.06% and a net margin of 21.81%. The company had revenue of $6.25 billion for the quarter, compared to the consensus estimate of $6.58 billion. During the same quarter in the prior year, the business posted $0.91 earnings per share. NextEra Energy's revenue for the quarter was up 9.0% on a year-over-year basis. Research analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a $0.5665 dividend. The ex-dividend date was Monday, June 2nd. This represents a $2.27 dividend on an annualized basis and a yield of 3.16%. NextEra Energy's dividend payout ratio is currently 85.02%.

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.