Stratos Wealth Partners LTD. Has $5.21 Million Stock Position in NextEra Energy, Inc. (NYSE:NEE)

Stratos Wealth Partners LTD. lowered its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 11.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,550 shares of the utilities provider's stock after selling 9,383 shares during the period. Stratos Wealth Partners LTD.'s holdings in NextEra Energy were worth $5,214,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NEE. Bellwether Advisors LLC bought a new position in shares of NextEra Energy in the fourth quarter valued at approximately $30,000. WealthTrak Capital Management LLC acquired a new stake in shares of NextEra Energy in the fourth quarter valued at approximately $33,000. Copia Wealth Management acquired a new stake in shares of NextEra Energy in the fourth quarter valued at approximately $36,000. Mascoma Wealth Management LLC increased its holdings in shares of NextEra Energy by 41.3% in the fourth quarter. Mascoma Wealth Management LLC now owns 643 shares of the utilities provider's stock valued at $46,000 after purchasing an additional 188 shares in the last quarter. Finally, Graney & King LLC acquired a new stake in shares of NextEra Energy in the fourth quarter valued at approximately $46,000. Institutional investors own 78.72% of the company's stock.

Insider Buying and Selling

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the firm'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 value of $1,657,880.00. Following the sale, the executive vice president owned 196,817 shares in the company, valued at $13,777,190. This trade represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.20% of the company's stock.

NextEra Energy Stock Down 1.1%

NYSE NEE traded down $0.82 on Friday, reaching $73.82. The company had a trading volume of 3,194,830 shares, compared to its average volume of 11,098,457. The firm has a market capitalization of $151.97 billion, a price-to-earnings ratio of 27.64, a price-to-earnings-growth ratio of 2.59 and a beta of 0.67. 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 1-year low of $61.72 and a 1-year high of $86.10. The company's fifty day moving average is $71.21 and its 200-day moving average is $70.23.

NextEra Energy (NYSE:NEE - Get Free Report) last issued 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. 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 for the quarter, compared to analysts' expectations of $6.58 billion. During the same period in the prior year, the firm earned $0.91 EPS. NextEra Energy's quarterly revenue was up 9.0% compared to the same quarter last year. On average, research analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a $0.5665 dividend. The ex-dividend date was Monday, June 2nd. This represents a $2.27 dividend on an annualized basis and a yield of 3.07%. NextEra Energy's dividend payout ratio (DPR) is currently 84.64%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Guggenheim reissued a "buy" rating and issued a $89.00 price target on shares of NextEra Energy in a report on Thursday, March 20th. UBS Group lowered their price target on shares of NextEra Energy from $94.00 to $84.00 and set a "buy" rating for the company in a report on Friday, May 23rd. Morgan Stanley lowered their target price on shares of NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a report on Wednesday, June 18th. Wells Fargo & Company lowered their target price on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Finally, BMO Capital Markets lowered their target price 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. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $84.73.

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.