First National Bank of Omaha Sells 7,948 Shares of NextEra Energy, Inc. (NYSE:NEE)

First National Bank of Omaha trimmed its position in NextEra Energy, Inc. (NYSE:NEE) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 182,810 shares of the utilities provider’s stock after selling 7,948 shares during the quarter. NextEra Energy comprises approximately 1.0% of First National Bank of Omaha’s holdings, making the stock its 17th largest position. First National Bank of Omaha’s holdings in NextEra Energy were worth $15,453,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in NextEra Energy during the 3rd quarter valued at approximately $80,000. Northeast Financial Consultants Inc bought a new position in NextEra Energy in the 3rd quarter worth approximately $245,000. Dunhill Financial LLC lifted its holdings in shares of NextEra Energy by 11.9% during the third quarter. Dunhill Financial LLC now owns 1,889 shares of the utilities provider’s stock worth $160,000 after buying an additional 201 shares during the last quarter. World Investment Advisors LLC boosted its position in shares of NextEra Energy by 1,984.5% in the third quarter. World Investment Advisors LLC now owns 330,875 shares of the utilities provider’s stock valued at $27,969,000 after acquiring an additional 315,002 shares during the period. Finally, XTX Topco Ltd acquired a new stake in shares of NextEra Energy in the third quarter worth $1,292,000. 78.72% of the stock is owned by institutional investors.

NextEra Energy Stock Performance

Shares of NYSE:NEE opened at $75.24 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. The business’s fifty day moving average price is $79.50 and its two-hundred day moving average price is $77.83. NextEra Energy, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. The stock has a market capitalization of $154.72 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.74 and a beta of 0.56.

NextEra Energy (NYSE:NEE) last posted its earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.05. The business had revenue of $7.57 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.94 EPS. As a group, analysts predict that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Friday, November 22nd. NextEra Energy’s payout ratio is 60.95%.

Insider Activity

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the transaction, the executive vice president now owns 15,792 shares of the company’s stock, valued at approximately $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.18% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on NEE shares. Wells Fargo & Company upped their target price on shares of NextEra Energy from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Tuesday, September 3rd. Morgan Stanley cut their price objective on shares of NextEra Energy from $95.00 to $94.00 and set an “overweight” rating for the company in a research report on Friday, November 22nd. Barclays increased their target price on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Bank of America boosted their price target on NextEra Energy from $77.00 to $81.00 and gave the company a “neutral” rating in a research note on Thursday, August 29th. Finally, BMO Capital Markets raised their price objective on NextEra Energy from $83.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $86.85.

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.