NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Signaturefd LLC

Signaturefd LLC trimmed its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 8.2% during the fourth quarter, Holdings Channel reports. The firm owned 53,846 shares of the utilities provider’s stock after selling 4,811 shares during the quarter. Signaturefd LLC’s holdings in NextEra Energy were worth $3,860,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Amundi raised its position in shares of NextEra Energy by 49.8% during the 4th quarter. Amundi now owns 9,543,552 shares of the utilities provider’s stock worth $676,008,000 after purchasing an additional 3,172,405 shares during the period. Nordea Investment Management AB grew its stake in NextEra Energy by 20.9% during the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock worth $634,703,000 after buying an additional 1,525,436 shares during the last quarter. National Bank of Canada FI increased its position in NextEra Energy by 167.7% in the third quarter. National Bank of Canada FI now owns 2,186,225 shares of the utilities provider’s stock worth $184,795,000 after buying an additional 1,369,689 shares during the period. Proficio Capital Partners LLC increased its position in NextEra Energy by 13,375.2% in the fourth quarter. Proficio Capital Partners LLC now owns 946,231 shares of the utilities provider’s stock worth $67,835,000 after buying an additional 939,209 shares during the period. Finally, Jupiter Asset Management Ltd. bought a new stake in NextEra Energy in the fourth quarter valued at $65,657,000. 78.72% of the stock is currently owned by institutional investors.

Insider Activity

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the business’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 sale, the chief accounting officer now owns 27,427 shares in the company, valued at approximately $1,867,504.43. The trade was a 7.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.18% of the stock is currently owned by company insiders.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $73.59 on Monday. NextEra Energy, Inc. has a twelve month low of $59.44 and a twelve month high of $86.10. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The firm has a 50-day moving average of $70.51 and a two-hundred day moving average of $75.82. The company has a market capitalization of $151.37 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 2.45 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a dividend of $0.5665 per share. The ex-dividend date is Friday, February 28th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.08%. NextEra Energy’s payout ratio is 67.06%.

Analyst Ratings Changes

Several equities analysts have recently commented on NEE shares. JPMorgan Chase & Co. upped their price target on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 11th. BMO Capital Markets raised their price target on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Evercore ISI reduced their price objective on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research report on Monday, January 27th. Scotiabank raised their target price on NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research report on Thursday, December 12th. Finally, Jefferies Financial Group reduced their price target on NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, NextEra Energy has an average rating of “Hold” and a consensus target price of $85.92.

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.