AEGON ASSET MANAGEMENT UK Plc Increases Holdings in NextEra Energy, Inc. (NYSE:NEE)

AEGON ASSET MANAGEMENT UK Plc grew its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 791,955 shares of the utilities provider's stock after acquiring an additional 12,247 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc's holdings in NextEra Energy were worth $56,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of NEE. Bellwether Advisors LLC acquired a new position in NextEra Energy in the fourth quarter worth $30,000. WealthTrak Capital Management LLC bought a new stake in NextEra Energy during the 4th quarter worth about $33,000. Copia Wealth Management acquired a new stake in NextEra Energy in the 4th quarter valued at about $36,000. Midwest Capital Advisors LLC bought a new position in shares of NextEra Energy in the fourth quarter worth about $44,000. Finally, Promus Capital LLC acquired a new position in shares of NextEra Energy during the fourth quarter worth approximately $45,000. Institutional investors and hedge funds 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 company's stock in a transaction 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 sale, the executive vice president now owns 196,817 shares of the company's stock, valued at approximately $13,777,190. This represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.20% of the company's stock.

NextEra Energy Stock Performance

NextEra Energy stock traded up $1.54 during trading hours on Thursday, hitting $71.42. The company had a trading volume of 10,939,898 shares, compared to its average volume of 12,605,846. NextEra Energy, Inc. has a one year low of $61.72 and a one year high of $86.10. The firm has a 50-day moving average of $68.41 and a 200 day moving average of $70.71. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The firm has a market cap of $147.02 billion, a PE ratio of 21.19, a PEG ratio of 2.45 and a beta of 0.69.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.99. The firm had revenue of $6.25 billion for the quarter, compared to analyst estimates 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 was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.91 EPS. On average, sell-side analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a dividend of $0.5665 per share. This represents a $2.27 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Monday, June 2nd. NextEra Energy's dividend payout ratio (DPR) is presently 84.64%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NEE shares. BMO Capital Markets reduced their target price on shares of NextEra Energy from $84.00 to $77.00 and set an "outperform" rating on the stock in a research note on Monday, April 14th. JPMorgan Chase & Co. lifted their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a report on Tuesday, March 11th. Morgan Stanley reissued an "overweight" rating on shares of NextEra Energy in a research note on Wednesday, April 23rd. Guggenheim reaffirmed a "buy" rating and set a $89.00 price objective on shares of NextEra Energy in a research note on Thursday, March 20th. Finally, Erste Group Bank downgraded 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 issued a buy rating to the company's stock. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of "Moderate Buy" and a consensus target price of $83.50.

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.