Vise Technologies Inc. Purchases 12,630 Shares of NextEra Energy, Inc. (NYSE:NEE)

Vise Technologies Inc. grew its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 49.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Accel Wealth Management boosted its holdings in shares of NextEra Energy by 1.7% in the 4th quarter. Accel Wealth Management now owns 8,615 shares of the utilities provider's stock valued at $618,000 after buying an additional 145 shares during the period. L.M. Kohn & Company boosted its holdings in shares of NextEra Energy by 1.0% in the 4th quarter. L.M. Kohn & Company now owns 15,353 shares of the utilities provider's stock valued at $1,101,000 after buying an additional 145 shares during the period. Tortoise Investment Management LLC boosted its holdings in shares of NextEra Energy by 8.3% in the 4th quarter. Tortoise Investment Management LLC now owns 1,943 shares of the utilities provider's stock valued at $139,000 after buying an additional 149 shares during the period. Baker Ellis Asset Management LLC boosted its stake in NextEra Energy by 1.3% during the 4th quarter. Baker Ellis Asset Management LLC now owns 11,666 shares of the utilities provider's stock valued at $836,000 after purchasing an additional 150 shares during the period. Finally, Anchor Capital Advisors LLC boosted its stake in NextEra Energy by 5.1% during the 4th quarter. Anchor Capital Advisors LLC now owns 3,105 shares of the utilities provider's stock valued at $223,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Trading Down 1.2%

Shares of NextEra Energy stock traded down $0.80 during trading on Wednesday, hitting $67.24. The stock had a trading volume of 2,786,936 shares, compared to its average volume of 11,117,927. The stock has a 50 day simple moving average of $68.45 and a 200 day simple moving average of $70.91. The company has a market capitalization of $138.43 billion, a PE ratio of 19.97, a P/E/G ratio of 2.45 and a beta of 0.69. The company has a quick ratio of 0.38, a current ratio of 0.47 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.

NextEra Energy (NYSE:NEE - Get Free Report) last announced 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. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. The firm had revenue of $6.25 billion for the quarter, compared to the consensus estimate of $6.58 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. The firm's revenue was up 9.0% on a year-over-year basis. On average, research analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be given a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Monday, June 2nd. NextEra Energy's payout ratio is presently 84.64%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NEE. UBS Group reduced their target price on shares of NextEra Energy from $94.00 to $84.00 and set a "buy" rating for the company in a research note on Friday, May 23rd. Guggenheim reissued a "buy" rating and set a $89.00 target price on shares of NextEra Energy in a research note on Thursday, March 20th. Morgan Stanley reissued an "overweight" rating on shares of NextEra Energy in a research note on Wednesday, April 23rd. Erste Group Bank downgraded shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th. Finally, Barclays dropped 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 research report on Tuesday, April 29th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $83.50.

Insider Activity at NextEra Energy

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the business'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 completion of the sale, the executive vice president now directly owns 196,817 shares of the company's stock, valued at $13,777,190. The trade was a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.20% of the stock is currently owned by insiders.

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.