Charles Schwab Investment Management Inc. Has $654.94 Million Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Charles Schwab Investment Management Inc. raised its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,782,674 shares of the utilities provider's stock after acquiring an additional 429,979 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.53% of NextEra Energy worth $654,940,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in NEE. BOK Financial Private Wealth Inc. bought a new position in NextEra Energy during the fourth quarter worth about $29,000. Stuart Chaussee & Associates Inc. increased its holdings in shares of NextEra Energy by 315.4% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 540 shares of the utilities provider's stock worth $33,000 after purchasing an additional 410 shares during the period. Rakuten Securities Inc. bought a new stake in shares of NextEra Energy in the fourth quarter valued at approximately $34,000. Alaska Permanent Fund Corp grew 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. Finally, Valued Wealth Advisors LLC acquired a new position in NextEra Energy in the 4th quarter valued at $34,000. Institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Scotiabank raised their price target on NextEra Energy from $69.00 to $73.00 and gave the stock a "sector outperform" rating in a research report on Monday, April 22nd. BMO Capital Markets boosted their target price on shares of NextEra Energy from $72.00 to $78.00 and gave the company an "outperform" rating in a research report on Tuesday. Wells Fargo & Company lifted their price objective on shares of NextEra Energy from $84.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, March 19th. Royal Bank of Canada restated an "outperform" rating and set a $74.00 target price on shares of NextEra Energy in a research note on Tuesday, January 30th. Finally, 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $71.93.

NextEra Energy Trading Up 1.0 %

NYSE:NEE traded up $0.70 during trading hours on Tuesday, hitting $71.95. 13,416,327 shares of the company were exchanged, compared to its average volume of 11,931,911. The stock has a market capitalization of $147.82 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 2.58 and a beta of 0.50. The company has a fifty day simple moving average of $62.65 and a 200 day simple moving average of $59.94. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 1.12. NextEra Energy, Inc. has a one year low of $47.15 and a one year high of $78.53.

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

NextEra Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Tuesday, February 27th were given a $0.515 dividend. The ex-dividend date of this dividend was Monday, February 26th. This is a positive change from NextEra Energy's previous quarterly dividend of $0.47. This represents a $2.06 annualized dividend and a dividend yield of 2.86%. NextEra Energy's dividend payout ratio (DPR) is 56.13%.

NextEra Energy 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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