Tilia Fiduciary Partners Inc. Purchases Shares of 28,768 NextEra Energy, Inc. (NYSE:NEE)

Tilia Fiduciary Partners Inc. purchased a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 28,768 shares of the utilities provider's stock, valued at approximately $2,039,000.

Other large investors have also recently bought and sold shares of the company. Bellwether Advisors LLC bought a new stake in NextEra Energy in the fourth quarter valued at $30,000. WealthTrak Capital Management LLC bought a new stake in NextEra Energy in the fourth quarter valued at $33,000. Copia Wealth Management bought a new stake in shares of NextEra Energy during the fourth quarter worth $36,000. Midwest Capital Advisors LLC acquired a new stake in shares of NextEra Energy in the fourth quarter valued at $44,000. Finally, Promus Capital LLC acquired a new stake in shares of NextEra Energy in the fourth quarter valued at $45,000. 78.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NEE. Barclays lowered their target price on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 29th. Erste Group Bank lowered NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. 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. Wells Fargo & Company lowered their target price on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Finally, Guggenheim restated a "buy" rating and issued a $89.00 target price on shares of NextEra Energy in a research note on Thursday, March 20th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, NextEra Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $83.50.

NextEra Energy Price Performance

Shares of NEE opened at $72.16 on Friday. 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, Inc. has a 1 year low of $61.72 and a 1 year high of $86.10. The stock has a market cap of $148.55 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 2.45 and a beta of 0.68. The stock's 50-day moving average price is $68.45 and its two-hundred day moving average price is $70.60.

NextEra Energy (NYSE:NEE - Get Free Report) last issued 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. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. The firm had revenue of $6.25 billion for the quarter, compared to analysts' expectations of $6.58 billion. During the same quarter last year, the business earned $0.91 earnings per share. The company's revenue was up 9.0% compared to the same quarter last year. On average, equities analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be issued a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date is Monday, June 2nd. NextEra Energy's dividend payout ratio (DPR) is currently 84.64%.

Insiders Place Their Bets

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $70.00, for a total transaction of $1,657,880.00. Following the transaction, the executive vice president now owns 196,817 shares in the company, valued at approximately $13,777,190. This trade represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.20% of the company's stock.

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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