TD Private Client Wealth LLC Buys 4,371 Shares of NextEra Energy, Inc. (NYSE:NEE)

TD Private Client Wealth LLC boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 4.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,844 shares of the utilities provider's stock after buying an additional 4,371 shares during the period. TD Private Client Wealth LLC's holdings in NextEra Energy were worth $7,361,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of NEE. Brighton Jones LLC grew its stake in NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock worth $2,028,000 after buying an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC raised its position in NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock valued at $348,000 after purchasing an additional 298 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in shares of NextEra Energy by 88.0% during the fourth quarter. Proficio Capital Partners LLC now owns 13,199 shares of the utilities provider's stock worth $946,000 after purchasing an additional 6,177 shares during the last quarter. E Fund Management Co. Ltd. increased its stake in shares of NextEra Energy by 26.2% in the fourth quarter. E Fund Management Co. Ltd. now owns 4,987 shares of the utilities provider's stock valued at $358,000 after buying an additional 1,036 shares in the last quarter. Finally, Andra AP fonden raised its holdings in shares of NextEra Energy by 830.8% in the fourth quarter. Andra AP fonden now owns 12,100 shares of the utilities provider's stock valued at $867,000 after buying an additional 10,800 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

Insiders Place Their Bets

In other news, EVP Charles E. Sieving sold 23,684 shares of the company's 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 completion of the transaction, the executive vice president directly owned 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.18% of the company's stock.

NextEra Energy Trading 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 company were exchanged, compared to its average volume of 11,061,420. The firm has a market capitalization 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 firm's fifty day moving average price is $70.62 and its 200 day moving average price is $70.15. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.55 and a quick ratio of 0.45. NextEra Energy, Inc. has a 1-year low of $61.72 and a 1-year 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 EPS for the quarter, meeting analysts' consensus estimates of $0.99. The business had revenue of $6.25 billion during the quarter, compared to analysts' expectations of $6.58 billion. NextEra Energy had a net margin of 21.81% and a return on equity of 12.06%. The firm's quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS. As a group, sell-side 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 disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were given a $0.5665 dividend. The ex-dividend date was Monday, June 2nd. This represents a $2.27 annualized dividend and a yield of 3.03%. NextEra Energy's dividend payout ratio is currently 85.02%.

Wall Street Analysts Forecast Growth

NEE has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price objective 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. Barclays decreased their price target on shares of NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 29th. UBS Group reduced 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. BMO Capital Markets lowered their target price 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. Finally, Morgan Stanley cut their price target on NextEra Energy from $95.00 to $94.00 and set an "overweight" rating on the stock in a research note on Wednesday, June 18th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, NextEra Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $84.55.

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.