NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by FLC Capital Advisors

FLC Capital Advisors raised its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 42.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 24,377 shares of the utilities provider's stock after buying an additional 7,290 shares during the quarter. FLC Capital Advisors' holdings in NextEra Energy were worth $1,728,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of NEE. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group grew its stake in NextEra Energy by 5.0% in the 1st quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group now owns 15,123 shares of the utilities provider's stock valued at $1,072,000 after acquiring an additional 719 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in NextEra Energy by 46.0% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,666 shares of the utilities provider's stock valued at $118,000 after acquiring an additional 525 shares during the last quarter. Burling Wealth Partners LLC grew its stake in NextEra Energy by 8.4% in the 1st quarter. Burling Wealth Partners LLC now owns 63,842 shares of the utilities provider's stock valued at $4,526,000 after acquiring an additional 4,926 shares during the last quarter. Richard C. Young & CO. LTD. lifted its holdings in NextEra Energy by 1.0% in the 1st quarter. Richard C. Young & CO. LTD. now owns 95,575 shares of the utilities provider's stock valued at $6,775,000 after purchasing an additional 955 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI lifted its holdings in NextEra Energy by 5.1% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 66,070 shares of the utilities provider's stock valued at $4,684,000 after purchasing an additional 3,194 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on NEE shares. Barclays increased their price objective on shares of NextEra Energy from $65.00 to $67.00 and gave the stock an "equal weight" rating in a report on Thursday, July 10th. UBS Group dropped their target price on shares of NextEra Energy from $94.00 to $84.00 and set a "buy" rating for the company in a research report on Friday, May 23rd. JPMorgan Chase & Co. lowered their price objective on shares of NextEra Energy from $86.00 to $82.00 in a research report on Thursday, July 3rd. Morgan Stanley lowered their price objective on shares of NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a research report on Wednesday, June 18th. Finally, Wells Fargo & Company decreased their price target on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $84.08.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of NextEra Energy stock in a transaction on 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 completion of the sale, the executive vice president owned 196,817 shares of the company's stock, valued at approximately $13,777,190. This trade represents a 10.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.20% of the company's stock.

NextEra Energy Trading Up 1.0%

Shares of NYSE NEE traded up $0.73 during trading on Friday, reaching $75.91. The company had a trading volume of 7,985,565 shares, compared to its average volume of 11,046,452. The company's fifty day moving average price is $72.09 and its 200-day moving average price is $70.33. NextEra Energy, Inc. has a 12 month low of $61.72 and a 12 month high of $86.10. The stock has a market cap of $156.27 billion, a P/E ratio of 28.43, a PEG ratio of 2.68 and a beta of 0.67. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 1.32.

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

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were paid a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend was Monday, June 2nd. NextEra Energy's dividend payout ratio (DPR) is presently 85.02%.

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.