NextEra Energy, Inc. (NYSE:NEE) Holdings Boosted by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC raised its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,971 shares of the utilities provider's stock after purchasing an additional 12,913 shares during the quarter. NextEra Energy accounts for 4.0% of S.E.E.D. Planning Group LLC's investment portfolio, making the stock its 4th largest position. S.E.E.D. Planning Group LLC's holdings in NextEra Energy were worth $11,907,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bellwether Advisors LLC bought a new position in NextEra Energy in the 4th quarter valued at $30,000. WealthTrak Capital Management LLC bought a new position in NextEra Energy in the 4th quarter valued at $33,000. Luken Investment Analytics LLC bought a new position in NextEra Energy in the 4th quarter valued at $36,000. Copia Wealth Management purchased a new position in shares of NextEra Energy during the 4th quarter valued at $36,000. Finally, Midwest Capital Advisors LLC purchased a new position in shares of NextEra Energy during the 4th quarter valued at $44,000. Institutional investors own 78.72% of the company's stock.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the firm's 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 sale, the executive vice president now owns 196,817 shares of the company's stock, valued at $13,777,190. This trade represents a 10.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on NEE shares. BMO Capital Markets dropped 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. Morgan Stanley reaffirmed an "overweight" rating on shares of NextEra Energy in a research report on Wednesday, April 23rd. Wells Fargo & Company dropped 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. Barclays dropped their price target on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. upped their price target on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research report on Tuesday, March 11th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, NextEra Energy has a consensus rating of "Moderate Buy" and an average target price of $83.50.

NextEra Energy Price Performance

NEE traded up $1.48 during trading on Friday, reaching $70.47. 18,800,654 shares of the company were exchanged, compared to its average volume of 11,121,064. The company's 50-day moving average is $68.40 and its two-hundred day moving average is $70.81. The company has a market cap of $145.07 billion, a price-to-earnings ratio of 20.91, a P/E/G ratio of 2.45 and a beta of 0.69. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10.

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

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be issued a $0.5665 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $2.27 annualized dividend and a dividend yield of 3.22%. NextEra Energy's payout ratio is currently 84.64%.

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.