Blackhawk Capital Partners LLC. Purchases 2,201 Shares of NextEra Energy, Inc. (NYSE:NEE)

Blackhawk Capital Partners LLC. lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 15.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,372 shares of the utilities provider’s stock after purchasing an additional 2,201 shares during the quarter. Blackhawk Capital Partners LLC.’s holdings in NextEra Energy were worth $1,174,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. Pine Valley Investments Ltd Liability Co increased its holdings in NextEra Energy by 2.0% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 59,751 shares of the utilities provider’s stock valued at $4,284,000 after buying an additional 1,168 shares during the period. BankPlus Trust Department bought a new position in NextEra Energy during the fourth quarter worth about $1,885,000. Impax Asset Management Group plc boosted its holdings in NextEra Energy by 68.7% during the fourth quarter. Impax Asset Management Group plc now owns 32,406 shares of the utilities provider’s stock valued at $2,323,000 after purchasing an additional 13,199 shares in the last quarter. Holistic Financial Partners raised its holdings in shares of NextEra Energy by 5.5% in the 4th quarter. Holistic Financial Partners now owns 4,083 shares of the utilities provider’s stock worth $293,000 after buying an additional 212 shares in the last quarter. Finally, Crestwood Advisors Group LLC lifted its position in shares of NextEra Energy by 2.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 114,159 shares of the utilities provider’s stock worth $8,184,000 after buying an additional 2,959 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Insider Transactions at NextEra Energy

In related news, CAO James Michael May sold 2,383 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the sale, the chief accounting officer now 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

NEE has been the topic of several analyst reports. Jefferies Financial Group lowered their target price on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Scotiabank lifted their price target on NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a report on Thursday, December 12th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Evercore ISI lowered their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a report on Monday, January 27th. Finally, JPMorgan Chase & Co. reduced their price objective on NextEra Energy from $99.00 to $90.00 in a report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $85.85.

NextEra Energy Stock Down 1.2 %

Shares of NextEra Energy stock opened at $70.72 on Tuesday. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10. The business has a fifty day simple moving average of $70.48 and a 200 day simple moving average of $76.50. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The stock has a market cap of $145.48 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. Research analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be issued a $0.5665 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 annualized dividend and a yield of 3.20%. NextEra Energy’s dividend payout ratio (DPR) is 67.06%.

About NextEra Energy

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.