Mattson Financial Services LLC Has $2.11 Million Position in NextEra Energy, Inc. (NYSE:NEE)

Mattson Financial Services LLC decreased its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 22.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,412 shares of the utilities provider's stock after selling 8,657 shares during the quarter. Mattson Financial Services LLC's holdings in NextEra Energy were worth $2,109,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NEE. Norges Bank purchased a new position in NextEra Energy during the 4th quarter valued at about $3,484,197,000. Boston Partners acquired a new stake in NextEra Energy in the 4th quarter worth approximately $244,169,000. Two Sigma Advisers LP acquired a new stake in NextEra Energy in the 4th quarter worth approximately $240,269,000. Amundi lifted its stake in NextEra Energy by 49.8% during the 4th quarter. Amundi now owns 9,543,552 shares of the utilities provider's stock valued at $676,008,000 after acquiring an additional 3,172,405 shares during the period. Finally, California Public Employees Retirement System lifted its stake in NextEra Energy by 46.7% during the 4th quarter. California Public Employees Retirement System now owns 7,910,346 shares of the utilities provider's stock valued at $567,093,000 after acquiring an additional 2,517,369 shares during the period. Hedge funds and other 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 the stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 196,817 shares of the company's stock, valued at $13,777,190. This represents a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NEE. Morgan Stanley reiterated an "overweight" rating on shares of NextEra Energy in a research note on Wednesday, April 23rd. BMO Capital Markets dropped their price objective on shares of NextEra Energy from $84.00 to $77.00 and set an "outperform" rating for the company in a report on Monday, April 14th. Wells Fargo & Company dropped their price target on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Barclays lowered their price objective on shares of NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 29th. Finally, Erste Group Bank cut shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. Eight 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, the stock presently has an average rating of "Moderate Buy" and an average price target of $83.50.

NextEra Energy Price Performance

Shares of NextEra Energy stock traded up $1.48 on Friday, hitting $70.47. The company's stock had a trading volume of 18,800,654 shares, compared to its average volume of 11,141,433. NextEra Energy, Inc. has a 52-week low of $61.72 and a 52-week high of $86.10. 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 firm has a fifty day moving average price of $68.36 and a 200-day moving average price of $70.84. The company has a market capitalization of $145.07 billion, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 2.45 and a beta of 0.69.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting analysts' consensus estimates of $0.99. The business 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%. The business's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 earnings per share. On average, equities research analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal 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 3.22%. NextEra Energy's dividend payout ratio 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.