NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 344,292 shares of the utilities provider's stock after acquiring an additional 26,587 shares during the period. Quantinno Capital Management LP's holdings in NextEra Energy were worth $24,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Mufg Securities Americas Inc. purchased a new position in NextEra Energy during the fourth quarter worth approximately $2,176,000. NorthRock Partners LLC lifted its position in NextEra Energy by 143.1% during the fourth quarter. NorthRock Partners LLC now owns 26,982 shares of the utilities provider's stock worth $1,934,000 after buying an additional 15,882 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new position in NextEra Energy during the fourth quarter worth approximately $934,000. Obermeyer Wealth Partners purchased a new position in NextEra Energy during the fourth quarter worth approximately $292,000. Finally, Meketa Capital LLC purchased a new position in NextEra Energy during the fourth quarter worth approximately $897,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Evercore ISI reduced their target price on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a research report on Monday, January 27th. Guggenheim restated a "buy" rating and issued a $89.00 target price on shares of NextEra Energy in a research report on Thursday, March 20th. Barclays reduced their target price on 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. Wells Fargo & Company reduced their target price on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Finally, BMO Capital Markets reduced their target price on NextEra Energy from $84.00 to $77.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $83.46.

NextEra Energy Trading Up 0.6%

Shares of NEE stock traded up $0.42 on Friday, hitting $74.97. The stock had a trading volume of 12,828,998 shares, compared to its average volume of 10,916,299. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The firm has a market capitalization of $154.34 billion, a P/E ratio of 22.25, a P/E/G ratio of 2.45 and a beta of 0.69. NextEra Energy, Inc. has a 1 year low of $61.72 and a 1 year high of $86.10. The company's 50 day moving average price is $68.72 and its 200-day moving average price is $71.31.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. The firm had revenue of $6.25 billion during the quarter, compared to analysts' expectations of $6.58 billion. During the same period in the previous year, the firm posted $0.91 EPS. NextEra Energy's revenue for the quarter was up 9.0% on a year-over-year basis. Analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO James Michael May sold 2,383 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the transaction, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at approximately $1,867,504.43. This represents a 7.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Charles E. Sieving sold 23,684 shares of the company's stock in a transaction dated Friday, May 9th. The stock was 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 directly owns 196,817 shares of the company's stock, valued at approximately $13,777,190. This represents a 10.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by 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.