Impact Capital Partners LLC Has $962,000 Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Impact Capital Partners LLC decreased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 56.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,573 shares of the utilities provider's stock after selling 17,483 shares during the quarter. Impact Capital Partners LLC's holdings in NextEra Energy were worth $962,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 205,297,225 shares of the utilities provider's stock worth $14,717,758,000 after buying an additional 2,090,538 shares during the period. Norges Bank bought a new position in NextEra Energy during the 4th quarter worth $3,484,197,000. Geode Capital Management LLC increased its position in NextEra Energy by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 43,778,016 shares of the utilities provider's stock worth $3,129,132,000 after buying an additional 1,359,268 shares during the period. Northern Trust Corp increased its position in NextEra Energy by 9.6% during the 4th quarter. Northern Trust Corp now owns 23,090,426 shares of the utilities provider's stock worth $1,655,353,000 after buying an additional 2,030,331 shares during the period. Finally, Bank of New York Mellon Corp increased its position in NextEra Energy by 4.2% during the 4th quarter. Bank of New York Mellon Corp now owns 14,523,786 shares of the utilities provider's stock worth $1,041,210,000 after buying an additional 588,038 shares during the period. Institutional investors own 78.72% of the company's stock.

Insider Activity at NextEra Energy

In other news, EVP Charles E. Sieving sold 23,684 shares of NextEra Energy stock in a transaction dated Friday, May 9th. The stock was 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on NEE shares. 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 research report on Thursday, April 24th. Morgan Stanley restated an "overweight" rating on shares of NextEra Energy in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. raised 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 decreased their price target on NextEra Energy from $94.00 to $84.00 and set a "buy" rating on the stock in a research report on Friday, May 23rd. Finally, BMO Capital Markets decreased their price target on NextEra Energy from $84.00 to $77.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, NextEra Energy presently has an average rating of "Moderate Buy" and a consensus price target of $83.50.

NextEra Energy Price Performance

NYSE:NEE traded up $0.66 during trading hours on Friday, hitting $72.16. The company's stock had a trading volume of 9,285,402 shares, compared to its average volume of 11,123,967. The stock has a fifty day simple moving average of $68.45 and a 200-day simple moving average of $70.64. The company has a market capitalization of $148.55 billion, a P/E ratio of 21.41, a PEG ratio of 2.45 and a beta of 0.68. 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 twelve month low of $61.72 and a twelve month high of $86.10.

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

NextEra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be paid a $0.5665 dividend. This represents a $2.27 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Monday, June 2nd. NextEra Energy's dividend payout ratio (DPR) is presently 84.64%.

NextEra Energy 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.