NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. lowered its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 1.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 370,855 shares of the utilities provider's stock after selling 4,527 shares during the period. Johnson Investment Counsel Inc.'s holdings in NextEra Energy were worth $26,290,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in NEE. Community Bank N.A. boosted its position in shares of NextEra Energy by 4.3% during the first quarter. Community Bank N.A. now owns 56,932 shares of the utilities provider's stock worth $4,035,000 after buying an additional 2,349 shares during the period. State of Alaska Department of Revenue lifted its stake in NextEra Energy by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 241,031 shares of the utilities provider's stock worth $17,086,000 after acquiring an additional 6,550 shares in the last quarter. CWA Asset Management Group LLC boosted its holdings in NextEra Energy by 55.3% during the 1st quarter. CWA Asset Management Group LLC now owns 32,998 shares of the utilities provider's stock valued at $2,339,000 after acquiring an additional 11,753 shares during the period. MFA Wealth Advisors LLC acquired a new position in NextEra Energy in the 1st quarter valued at about $433,000. Finally, LifeWealth Investments LLC increased its stake in NextEra Energy by 4.4% during the first quarter. LifeWealth Investments LLC now owns 5,200 shares of the utilities provider's stock worth $369,000 after purchasing an additional 219 shares during the period. Institutional investors and hedge funds own 78.72% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on NEE shares. Erste Group Bank lowered shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Guggenheim reissued a "buy" rating and issued a $89.00 price target on shares of NextEra Energy in a research report on Thursday, March 20th. UBS Group cut their price objective on NextEra Energy from $94.00 to $84.00 and set a "buy" rating on the stock in a research report on Friday, May 23rd. Barclays reduced their price objective on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 29th. Finally, BMO Capital Markets lowered their target price on NextEra Energy from $84.00 to $77.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, NextEra Energy currently has a consensus rating of "Moderate Buy" and an average price target of $84.50.

Insider Activity

In related news, EVP Charles E. Sieving sold 23,684 shares of NextEra Energy 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 directly owns 196,817 shares in the company, valued at $13,777,190. This trade represents a 10.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.20% of the company's stock.

NextEra Energy Stock Down 0.4%

NextEra Energy stock opened at $71.54 on Thursday. The stock has a market cap of $147.28 billion, a PE ratio of 26.79, a P/E/G ratio of 2.53 and a beta of 0.68. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.55 and a quick ratio of 0.45. The stock's fifty day moving average is $69.35 and its two-hundred day moving average is $70.39. NextEra Energy, Inc. has a 1-year low of $61.72 and a 1-year high of $86.10.

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 analysts' consensus estimates of $0.99. The business had revenue of $6.25 billion for the quarter, compared to the consensus estimate of $6.58 billion. NextEra Energy had a return on equity of 12.06% and a net margin of 21.81%. The business's revenue for the quarter was up 9.0% on a year-over-year basis. 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 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a dividend of $0.5665 per share. The ex-dividend date was Monday, June 2nd. This represents a $2.27 annualized dividend and a dividend yield of 3.17%. NextEra Energy's dividend payout ratio is presently 85.02%.

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.

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