NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. reduced its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 57.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,385 shares of the utilities provider's stock after selling 11,140 shares during the period. Integral Investment Advisors Inc.'s holdings in NextEra Energy were worth $594,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bellwether Advisors LLC acquired a new stake in NextEra Energy in the fourth quarter valued at $30,000. WealthTrak Capital Management LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth $33,000. Copia Wealth Management acquired a new stake in shares of NextEra Energy during the fourth quarter worth $36,000. Midwest Capital Advisors LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth $44,000. Finally, Promus Capital LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth $45,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NextEra Energy

In related news, EVP Charles E. Sieving sold 23,684 shares of the 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 completion of the transaction, the executive vice president now 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 SEC, which is available at this hyperlink. 0.18% of the stock is currently owned by insiders.

NextEra Energy Price Performance

NEE traded up $0.13 on Wednesday, reaching $72.94. The company had a trading volume of 11,999,124 shares, compared to its average volume of 11,063,529. The company has a fifty day moving average of $68.49 and a 200-day moving average of $70.54. The company has a market capitalization of $150.16 billion, a P/E ratio of 21.64, a PEG ratio of 2.45 and a beta of 0.68. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. NextEra Energy, Inc. has a one year low of $61.72 and a one year high of $86.10.

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. The firm had revenue of $6.25 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 EPS. As a group, equities 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 announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be given 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 yield of 3.11%. NextEra Energy's dividend payout ratio is presently 84.64%.

Analyst Ratings Changes

NEE has been the topic of a number of research reports. Morgan Stanley reissued an "overweight" rating on shares of NextEra Energy in a report on Wednesday, April 23rd. Wells Fargo & Company dropped their target price 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. JPMorgan Chase & Co. increased their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a report on Tuesday, March 11th. BMO Capital Markets dropped their target price on shares of NextEra Energy from $84.00 to $77.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Finally, UBS Group dropped their target price on shares of NextEra Energy from $94.00 to $84.00 and set a "buy" rating on the stock in a report on Friday, May 23rd. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus 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.