NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Stratos Investment Management LLC

Stratos Investment Management LLC raised its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 23.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,440 shares of the utilities provider's stock after purchasing an additional 13,979 shares during the period. Stratos Investment Management LLC's holdings in NextEra Energy were worth $5,135,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of NextEra Energy by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 205,297,225 shares of the utilities provider's stock valued at $14,717,758,000 after purchasing an additional 2,090,538 shares in the last quarter. Norges Bank purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $3,484,197,000. Geode Capital Management LLC lifted its holdings in shares of NextEra Energy by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 43,778,016 shares of the utilities provider's stock valued at $3,129,132,000 after purchasing an additional 1,359,268 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of NextEra Energy by 9.6% in the fourth quarter. Northern Trust Corp now owns 23,090,426 shares of the utilities provider's stock valued at $1,655,353,000 after purchasing an additional 2,030,331 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of NextEra Energy by 15.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,921,721 shares of the utilities provider's stock valued at $926,358,000 after purchasing an additional 1,707,933 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company's stock.

Insiders Place Their Bets

In other news, EVP Charles E. Sieving sold 23,684 shares of the stock in a transaction 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 completion of the sale, the executive vice president owned 196,817 shares of the company's stock, valued at $13,777,190. This represents a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

NextEra Energy Trading Down 0.4%

NYSE:NEE traded down $0.29 during trading hours on Friday, reaching $74.35. 8,094,042 shares of the company were exchanged, compared to its average volume of 11,113,073. 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 firm has a market cap of $153.06 billion, a price-to-earnings ratio of 27.85, a PEG ratio of 2.63 and a beta of 0.67. NextEra Energy, Inc. has a 52-week low of $61.72 and a 52-week high of $86.10. The stock has a 50 day simple moving average of $71.35 and a 200 day simple moving average of $70.24.

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

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date was Monday, June 2nd. NextEra Energy's dividend payout ratio is currently 85.02%.

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.