NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by World Investment Advisors

World Investment Advisors raised its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 4.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,688 shares of the utilities provider's stock after purchasing an additional 3,710 shares during the period. World Investment Advisors' holdings in NextEra Energy were worth $6,642,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Capital Investment Advisory Services LLC boosted its position in shares of NextEra Energy by 1.5% during the 1st quarter. Capital Investment Advisory Services LLC now owns 18,873 shares of the utilities provider's stock worth $1,338,000 after acquiring an additional 286 shares in the last quarter. Impax Asset Management Group plc raised its stake in shares of NextEra Energy by 15.9% during the first quarter. Impax Asset Management Group plc now owns 37,562 shares of the utilities provider's stock valued at $2,663,000 after acquiring an additional 5,156 shares during the last quarter. Strategic Blueprint LLC lifted its holdings in NextEra Energy by 30.5% in the first quarter. Strategic Blueprint LLC now owns 8,893 shares of the utilities provider's stock valued at $630,000 after buying an additional 2,077 shares during the period. Global Wealth Management Investment Advisory Inc. grew its holdings in NextEra Energy by 7.0% during the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 43,971 shares of the utilities provider's stock worth $3,117,000 after acquiring an additional 2,875 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in NextEra Energy by 137.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,094 shares of the utilities provider's stock worth $219,000 after purchasing an additional 1,792 shares during the period. Institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Up 1.8%

Shares of NYSE:NEE traded up $1.32 during midday trading on Wednesday, reaching $73.78. The company's stock had a trading volume of 5,662,733 shares, compared to its average volume of 11,108,932. The firm has a 50 day moving average of $70.90 and a 200-day moving average of $70.19. The firm has a market capitalization of $151.89 billion, a P/E ratio of 27.63, a PEG ratio of 2.63 and a beta of 0.67. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 1.32. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last released its 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 firm 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%. The company's revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 EPS. On average, research analysts anticipate 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 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 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend was Monday, June 2nd. NextEra Energy's dividend payout ratio is currently 85.02%.

Wall Street Analyst Weigh In

NEE has been the subject of several recent research reports. Guggenheim restated a "buy" rating and set a $89.00 price objective on shares of NextEra Energy in a report on Thursday, March 20th. BMO Capital Markets lowered 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 report on Monday, April 14th. Barclays reduced their target price on shares of 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. JPMorgan Chase & Co. lifted their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 11th. Finally, Morgan Stanley reduced their price objective on shares of NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a research note on Wednesday, June 18th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $84.55.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Charles E. Sieving sold 23,684 shares of the firm'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 transaction of $1,657,880.00. Following the sale, the executive vice president owned 196,817 shares in the company, valued at approximately $13,777,190. This trade represents a 10.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.18% of the stock is owned by company insiders.

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.