Czech National Bank Acquires 26,454 Shares of NextEra Energy, Inc. (NYSE:NEE)

Czech National Bank increased its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 5.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 472,324 shares of the utilities provider's stock after buying an additional 26,454 shares during the period. Czech National Bank's holdings in NextEra Energy were worth $33,483,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Bellwether Advisors LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $30,000. WealthTrak Capital Management LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $33,000. Copia Wealth Management acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $36,000. Midwest Capital Advisors LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $44,000. Finally, Promus Capital LLC acquired a new position in NextEra Energy during the 4th quarter valued at about $45,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

NEE stock traded up $0.89 during midday trading on Tuesday, hitting $71.04. The company's stock had a trading volume of 11,013,541 shares, compared to its average volume of 11,096,459. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The stock has a market cap of $146.25 billion, a price-to-earnings ratio of 21.08, a PEG ratio of 2.45 and a beta of 0.69. The stock's 50-day moving average price is $68.40 and its 200 day moving average price is $70.71. NextEra Energy, Inc. has a 1 year low of $61.72 and a 1 year high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting analysts' consensus estimates of $0.99. The company had revenue of $6.25 billion for the quarter, compared to analysts' expectations of $6.58 billion. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. NextEra Energy's revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. On average, equities analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a $0.5665 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.19%. NextEra Energy's dividend payout ratio (DPR) is presently 84.64%.

Insider Buying and Selling

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $70.00, for a total transaction of $1,657,880.00. Following the sale, the executive vice president now owns 196,817 shares of the company's stock, valued at $13,777,190. The trade was a 10.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have issued reports on NEE. Morgan Stanley reiterated an "overweight" rating on shares of NextEra Energy in a research note on Wednesday, April 23rd. Wells Fargo & Company cut their price target on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Erste Group Bank downgraded NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. increased their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a report on Tuesday, March 11th. Finally, Guggenheim reissued a "buy" rating and set a $89.00 price target on shares of NextEra Energy in a research report on Thursday, March 20th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, NextEra Energy presently has an average rating of "Moderate Buy" and an average target price of $83.50.

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.