Vise Technologies Inc. Has $2.74 Million Stock Position in NextEra Energy, Inc. (NYSE:NEE)

Vise Technologies Inc. lifted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 49.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,155 shares of the utilities provider's stock after acquiring an additional 12,630 shares during the period. Vise Technologies Inc.'s holdings in NextEra Energy were worth $2,735,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of NEE. Bellwether Advisors LLC purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $30,000. WealthTrak Capital Management LLC acquired a new stake in NextEra Energy during the 4th quarter worth approximately $33,000. Luken Investment Analytics LLC purchased a new position in shares of NextEra Energy in the 4th quarter valued at approximately $36,000. Midwest Capital Advisors LLC acquired a new position in shares of NextEra Energy in the fourth quarter valued at approximately $44,000. Finally, Promus Capital LLC purchased a new position in NextEra Energy in the 4th quarter valued at $45,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the company's stock in a transaction that occurred 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 transaction, the executive vice president now owns 196,817 shares in the company, valued at approximately $13,777,190. This represents a 10.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.20% of the company's stock.

NextEra Energy Price Performance

NYSE:NEE traded up $0.24 during midday trading on Tuesday, hitting $68.00. 7,291,137 shares of the stock were exchanged, compared to its average volume of 11,150,394. The business has a 50-day moving average price of $68.52 and a two-hundred day moving average price of $70.93. NextEra Energy, Inc. has a one year low of $61.72 and a one year high of $86.10. The company has a market capitalization of $139.98 billion, a price-to-earnings ratio of 20.18, 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 data on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share for the quarter, meeting the consensus estimate of $0.99. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. The company had revenue of $6.25 billion during the quarter, compared to analyst estimates of $6.58 billion. During the same quarter last year, the firm posted $0.91 EPS. The business's revenue for the quarter was up 9.0% on a year-over-year basis. Sell-side analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $2.27 annualized dividend and a yield of 3.33%. NextEra Energy's payout ratio is presently 84.64%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. BMO Capital Markets reduced their price objective on shares of NextEra Energy from $84.00 to $77.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company reduced 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. JPMorgan Chase & Co. raised their price objective on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research note on Tuesday, March 11th. Barclays lowered their target price on 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, Evercore ISI cut their price target on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a research note on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $83.50.

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.