Stephens Inc. AR Has $15.25 Million Holdings in NextEra Energy, Inc. (NYSE:NEE)

Stephens Inc. AR boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 5.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 215,181 shares of the utilities provider's stock after purchasing an additional 10,189 shares during the period. Stephens Inc. AR's holdings in NextEra Energy were worth $15,254,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock valued at $2,028,000 after acquiring an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of 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 acquiring an additional 298 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of NextEra Energy by 88.0% in the 4th quarter. Proficio Capital Partners LLC now owns 13,199 shares of the utilities provider's stock valued at $946,000 after acquiring an additional 6,177 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of NextEra Energy by 124.0% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 142,602 shares of the utilities provider's stock valued at $10,223,000 after acquiring an additional 78,937 shares in the last quarter. Finally, Hills Bank & Trust Co grew its holdings in shares of NextEra Energy by 6.9% in the 4th quarter. Hills Bank & Trust Co now owns 19,550 shares of the utilities provider's stock valued at $1,402,000 after acquiring an additional 1,260 shares in the last quarter. Institutional investors own 78.72% of the company's stock.

Analysts Set New Price Targets

NEE has been the subject of several analyst reports. BMO Capital Markets decreased their price objective on NextEra Energy from $84.00 to $77.00 and set an "outperform" rating for the company in a report on Monday, April 14th. Guggenheim reiterated a "buy" rating and set a $89.00 price target on shares of NextEra Energy in a report on Thursday, March 20th. UBS Group reduced their price target on NextEra Energy from $94.00 to $84.00 and set a "buy" rating for the company in a report on Friday, May 23rd. Barclays lifted their price target on NextEra Energy from $65.00 to $67.00 and gave the stock an "equal weight" rating in a report on Thursday. Finally, Erste Group Bank cut NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $84.73.

NextEra Energy Price Performance

Shares of NYSE NEE traded down $0.29 during midday trading on Friday, reaching $74.35. The company's stock had a trading volume of 8,094,042 shares, compared to its average volume of 11,113,128. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.45 and a current ratio of 0.55. NextEra Energy, Inc. has a fifty-two week low of $61.72 and a fifty-two week high of $86.10. The business's 50 day moving average price is $71.35 and its two-hundred day moving average price is $70.22. The company has a market cap of $153.06 billion, a P/E ratio of 27.85, a P/E/G ratio of 2.62 and a beta of 0.67.

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 analysts' consensus estimates of $0.99. NextEra Energy had a net margin of 21.81% and a return on equity of 12.06%. The company had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $6.58 billion. During the same period in the previous year, the business earned $0.91 earnings per share. The firm's quarterly revenue was up 9.0% on a year-over-year basis. On average, analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were given a dividend of $0.5665 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $2.27 annualized dividend and a yield of 3.05%. NextEra Energy's dividend payout ratio is currently 85.02%.

Insider Buying and Selling

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were 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 in the company, valued at $13,777,190. The trade was a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by corporate insiders.

NextEra Energy Company 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.