NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Amundi

Amundi raised its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 49.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,543,552 shares of the utilities provider's stock after buying an additional 3,172,405 shares during the quarter. Amundi owned about 0.46% of NextEra Energy worth $676,008,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Empowered Funds LLC raised its position in shares of 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 purchasing an additional 5,831 shares during the last quarter. Empower Advisory Group LLC raised its position in 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 buying an additional 41,328 shares during the last quarter. Nordea Investment Management AB raised its position 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. Swiss National Bank raised its position in NextEra Energy by 0.4% during the 3rd quarter. Swiss National Bank now owns 6,098,200 shares of the utilities provider's stock worth $515,481,000 after buying an additional 21,400 shares during the last quarter. Finally, Czech National Bank raised its position in NextEra Energy by 6.5% during the 4th quarter. Czech National Bank now owns 445,870 shares of the utilities provider's stock worth $31,964,000 after buying an additional 27,340 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at NextEra Energy

In related news, CAO James Michael May sold 2,383 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total value 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 $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.18% of the stock is currently owned by corporate insiders.

NextEra Energy Stock Up 4.1 %

Shares of NextEra Energy stock traded up $2.85 on Friday, reaching $72.86. 13,468,211 shares of the company were exchanged, compared to its average volume of 11,374,279. NextEra Energy, Inc. has a 1-year low of $56.31 and a 1-year high of $86.10. The company has a market cap of $149.88 billion, a P/E ratio of 21.62, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58. 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 stock's 50 day moving average price is $70.30 and its 200-day moving average price is $76.03.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting analysts' consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, equities analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a yield of 3.11%. This is an increase from NextEra Energy's previous quarterly dividend of $0.52. The ex-dividend date is Friday, February 28th. NextEra Energy's dividend payout ratio is 67.06%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NEE shares. JPMorgan Chase & Co. reduced their price target on shares of NextEra Energy from $99.00 to $90.00 in a research report on Monday, January 27th. Scotiabank raised their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a research note on Thursday, December 12th. Morgan Stanley lifted their price target on shares of NextEra Energy from $93.00 to $94.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. BMO Capital Markets lifted their price target on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Finally, Evercore ISI dropped their price target on shares of NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a research note on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $85.85.

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.