NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. boosted its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 206,865 shares of the utilities provider's stock after acquiring an additional 19,045 shares during the quarter. Benjamin F. Edwards & Company Inc.'s holdings in NextEra Energy were worth $12,565,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. BOK Financial Private Wealth Inc. purchased a new stake in shares of NextEra Energy in the 4th quarter worth about $29,000. Alaska Permanent Fund Corp increased its position in NextEra Energy by 59.8% during the third quarter. Alaska Permanent Fund Corp now owns 556 shares of the utilities provider's stock worth $32,000 after buying an additional 208 shares in the last quarter. Stuart Chaussee & Associates Inc. lifted its holdings in NextEra Energy by 315.4% in the 4th quarter. Stuart Chaussee & Associates Inc. now owns 540 shares of the utilities provider's stock valued at $33,000 after purchasing an additional 410 shares in the last quarter. Valued Wealth Advisors LLC purchased a new stake in shares of NextEra Energy during the fourth quarter worth about $34,000. Finally, Rakuten Securities Inc. acquired a new stake in NextEra Energy in the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

NextEra Energy Price Performance

Shares of NYSE NEE traded up $1.29 during midday trading on Friday, reaching $70.14. The company's stock had a trading volume of 12,301,146 shares, compared to its average volume of 11,887,713. The company has a market cap of $144.10 billion, a price-to-earnings ratio of 19.11, a price-to-earnings-growth ratio of 2.53 and a beta of 0.50. NextEra Energy, Inc. has a one year low of $47.15 and a one year high of $78.53. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 1.12. The company has a 50 day moving average price of $61.74 and a 200 day moving average price of $59.47.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The utilities provider reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. The company had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.28 billion. NextEra Energy had a return on equity of 11.72% and a net margin of 27.62%. The company's quarterly revenue was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.84 EPS. On average, equities research analysts expect that NextEra Energy, Inc. will post 3.4 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Tuesday, February 27th were given a $0.515 dividend. This represents a $2.06 annualized dividend and a dividend yield of 2.94%. The ex-dividend date was Monday, February 26th. This is an increase from NextEra Energy's previous quarterly dividend of $0.47. NextEra Energy's dividend payout ratio is 56.13%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on NEE shares. BMO Capital Markets lifted their price objective on NextEra Energy from $70.00 to $72.00 and gave the company an "outperform" rating in a research note on Thursday, April 25th. Bank of America increased their price objective on shares of NextEra Energy from $61.00 to $67.00 and gave the company a "neutral" rating in a research report on Tuesday, April 23rd. StockNews.com upgraded shares of NextEra Energy from a "sell" rating to a "hold" rating in a research note on Thursday. Barclays began coverage on NextEra Energy in a research note on Wednesday, April 10th. They issued an "equal weight" rating and a $66.00 price target on the stock. Finally, Mizuho raised their price target on shares of NextEra Energy from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $71.50.

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.

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