Schonfeld Strategic Advisors LLC Purchases 94,914 Shares of NextEra Energy, Inc. (NYSE:NEE)

Schonfeld Strategic Advisors LLC raised its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 217.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 138,503 shares of the utilities provider's stock after purchasing an additional 94,914 shares during the period. Schonfeld Strategic Advisors LLC's holdings in NextEra Energy were worth $9,929,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Empowered Funds LLC raised its holdings in NextEra Energy by 14.7% in the 4th quarter. Empowered Funds LLC now owns 45,566 shares of the utilities provider's stock valued at $3,267,000 after buying an additional 5,831 shares during the period. Empower Advisory Group LLC boosted its position in shares of NextEra Energy by 2.3% during the 4th quarter. Empower Advisory Group LLC now owns 1,823,327 shares of the utilities provider's stock worth $130,714,000 after purchasing an additional 41,328 shares during the period. Nordea Investment Management AB increased its holdings in NextEra Energy by 20.9% in the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider's stock valued at $634,703,000 after purchasing an additional 1,525,436 shares during the last quarter. Czech National Bank raised its position in NextEra Energy by 6.5% in the fourth quarter. Czech National Bank now owns 445,870 shares of the utilities provider's stock valued at $31,964,000 after purchasing an additional 27,340 shares during the period. Finally, ST Germain D J Co. Inc. lifted its stake in NextEra Energy by 5.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 171,735 shares of the utilities provider's stock worth $12,312,000 after purchasing an additional 9,425 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on NEE shares. Wells Fargo & Company cut their price target on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. JPMorgan Chase & Co. boosted their target price on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a report on Tuesday, March 11th. Barclays lowered their price target on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Erste Group Bank upgraded NextEra Energy to a "strong-buy" rating in a research report on Wednesday, April 16th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of NextEra Energy in a research note on Wednesday, April 23rd. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $83.46.

Insider Buying and Selling at NextEra Energy

In other news, CAO James Michael May sold 2,383 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the completion of the sale, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company's stock.

NextEra Energy Stock Up 1.0 %

NEE traded up $0.63 during trading hours on Tuesday, hitting $66.73. 2,361,374 shares of the company's stock were exchanged, compared to its average volume of 10,758,765. NextEra Energy, Inc. has a 1-year low of $61.72 and a 1-year high of $86.10. The stock has a market cap of $137.37 billion, a price-to-earnings ratio of 19.82, a PEG ratio of 2.45 and a beta of 0.58. The stock's 50-day moving average is $68.92 and its two-hundred day moving average is $71.91. 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 (NYSE:NEE - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share for the quarter, meeting analysts' consensus estimates of $0.99. The business had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $6.58 billion. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. NextEra Energy's quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 earnings per share. Sell-side analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were issued a $0.5665 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.27 annualized dividend and a dividend yield of 3.40%. This is a boost from NextEra Energy's previous quarterly dividend of $0.52. NextEra Energy's dividend payout ratio is presently 84.64%.

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.