NextEra Energy, Inc. (NYSE:NEE) Shares Sold by GTS Securities LLC

GTS Securities LLC decreased its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 92.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,237 shares of the utilities provider's stock after selling 158,329 shares during the period. GTS Securities LLC's holdings in NextEra Energy were worth $877,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. LaFleur & Godfrey LLC increased its position in shares of NextEra Energy by 9.8% during the fourth quarter. LaFleur & Godfrey LLC now owns 4,500 shares of the utilities provider's stock worth $323,000 after purchasing an additional 400 shares in the last quarter. Brighton Jones LLC increased its position in NextEra Energy by 7.0% during the 4th 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. CX Institutional raised its stake in NextEra Energy by 16.4% in the fourth quarter. CX Institutional now owns 10,112 shares of the utilities provider's stock valued at $725,000 after buying an additional 1,421 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in NextEra Energy by 334.0% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,302 shares of the utilities provider's stock valued at $93,000 after buying an additional 1,002 shares during the last quarter. Finally, DGS Capital Management LLC grew its stake in shares of NextEra Energy by 6.6% during the fourth quarter. DGS Capital Management LLC now owns 4,206 shares of the utilities provider's stock worth $302,000 after acquiring an additional 262 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company's stock.

NextEra Energy Price Performance

NEE stock traded down $0.82 during mid-day trading on Wednesday, reaching $67.22. 7,832,693 shares of the company's stock were exchanged, compared to its average volume of 11,134,193. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10. The stock's 50 day moving average is $68.45 and its 200 day moving average is $70.91. The company has a market cap of $138.38 billion, a price-to-earnings ratio of 19.95, a price-to-earnings-growth ratio of 2.45 and a beta of 0.69.

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

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Monday, June 2nd. NextEra Energy's dividend payout ratio is presently 84.64%.

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of research firms recently commented on NEE. Wells Fargo & Company lowered their target price on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Barclays cut their target price on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. JPMorgan Chase & Co. lifted their price target on NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 11th. 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. Finally, BMO Capital Markets reduced their price objective on NextEra Energy from $84.00 to $77.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, NextEra Energy has an average rating of "Moderate Buy" and an average price target of $83.50.

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.