NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd reduced its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 81.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,169 shares of the utilities provider's stock after selling 31,540 shares during the quarter. Temasek Holdings Private Ltd's holdings in NextEra Energy were worth $514,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. increased its position in NextEra Energy by 153.9% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 20,357 shares of the utilities provider's stock worth $1,459,000 after acquiring an additional 12,339 shares during the period. Ritholtz Wealth Management boosted its stake in shares of NextEra Energy by 4.8% in the 4th quarter. Ritholtz Wealth Management now owns 30,966 shares of the utilities provider's stock valued at $2,220,000 after purchasing an additional 1,413 shares in the last quarter. Certified Advisory Corp boosted its stake in shares of NextEra Energy by 8.0% in the 4th quarter. Certified Advisory Corp now owns 3,816 shares of the utilities provider's stock valued at $274,000 after purchasing an additional 282 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of NextEra Energy by 2.7% in the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 30,785 shares of the utilities provider's stock valued at $2,207,000 after purchasing an additional 798 shares in the last quarter. Finally, Brand Asset Management Group Inc. boosted its stake in shares of NextEra Energy by 8.8% in the 4th quarter. Brand Asset Management Group Inc. now owns 3,608 shares of the utilities provider's stock valued at $259,000 after purchasing an additional 292 shares in the last quarter. 78.72% of the stock is owned by institutional investors.

Insider Transactions 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 sale, the executive vice president now owns 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.20% of the company's stock.

NextEra Energy Trading Down 3.8%

NYSE:NEE traded down $2.86 during midday trading on Wednesday, hitting $71.55. 16,132,298 shares of the company traded hands, compared to its average volume of 10,978,405. The firm's fifty day moving average is $68.77 and its 200-day moving average is $71.20. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10. The firm has a market capitalization of $147.30 billion, a P/E ratio of 21.23, a P/E/G ratio of 2.45 and a beta of 0.69. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly 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. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. The business had revenue of $6.25 billion for the quarter, compared to the consensus estimate of $6.58 billion. During the same quarter in the prior year, the company earned $0.91 EPS. The business's revenue was up 9.0% compared to the same quarter last year. On average, sell-side analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current year.

Analyst Ratings Changes

NEE has been the subject of a number of research reports. BMO Capital Markets dropped their price objective 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. Wells Fargo & Company cut their price objective on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Jefferies Financial Group cut their price target on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Barclays cut their price target on shares of NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. upped their price target on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research report on Tuesday, March 11th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, NextEra Energy has a consensus rating of "Hold" and an average price target of $83.46.

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.