NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 631,456 shares of the utilities provider's stock after purchasing an additional 37,604 shares during the quarter. IFM Investors Pty Ltd's holdings in NextEra Energy were worth $44,764,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in NEE. OneDigital Investment Advisors LLC boosted its holdings in NextEra Energy by 2.9% in the first quarter. OneDigital Investment Advisors LLC now owns 31,631 shares of the utilities provider's stock worth $2,242,000 after acquiring an additional 882 shares in the last quarter. Hartline Investment Corp increased its position in NextEra Energy by 108.2% during the first quarter. Hartline Investment Corp now owns 34,461 shares of the utilities provider's stock valued at $2,443,000 after acquiring an additional 17,911 shares during the last quarter. Cohen Investment Advisors LLC increased its position in NextEra Energy by 4.8% during the first quarter. Cohen Investment Advisors LLC now owns 36,209 shares of the utilities provider's stock valued at $2,567,000 after acquiring an additional 1,672 shares during the last quarter. Conning Inc. increased its position in 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 acquiring an additional 160 shares during the last quarter. Finally, Goelzer Investment Management Inc. grew its stake in shares of NextEra Energy by 5.0% during the 1st quarter. Goelzer Investment Management Inc. now owns 48,520 shares of the utilities provider's stock valued at $3,440,000 after acquiring an additional 2,302 shares during the period. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Up 1.1%

Shares of NextEra Energy stock traded up $0.82 during trading on Monday, hitting $74.70. 11,355,582 shares of the stock traded hands, compared to its average volume of 11,061,483. The firm has a market cap of $153.78 billion, a P/E ratio of 27.98, a price-to-earnings-growth ratio of 2.60 and a beta of 0.67. The company has a current ratio of 0.55, a quick ratio of 0.45 and a debt-to-equity ratio of 1.32. NextEra Energy, Inc. has a 52-week low of $61.72 and a 52-week high of $86.10. The stock's fifty day simple moving average is $70.62 and its 200 day simple moving average is $70.15.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share for the quarter, meeting 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 last year, the company earned $0.91 earnings per share. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were given a dividend of $0.5665 per share. This represents a $2.27 annualized dividend and a yield of 3.03%. The ex-dividend date was Monday, June 2nd. NextEra Energy's dividend payout ratio is presently 85.02%.

Insider Activity

In other news, EVP Charles E. Sieving sold 23,684 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 196,817 shares of the company's stock, valued at approximately $13,777,190. This represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.18% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on NEE. Erste Group Bank lowered shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. JPMorgan Chase & Co. increased their target price on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research report on Tuesday, March 11th. Wells Fargo & Company decreased their price target on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Barclays decreased their price target on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Finally, Guggenheim restated a "buy" rating and set a $89.00 price target 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 seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $84.55.

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.