APG Asset Management N.V. Has $151.55 Million Stock Position in NextEra Energy, Inc. (NYSE:NEE)

APG Asset Management N.V. increased its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 361.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,188,967 shares of the utilities provider's stock after purchasing an additional 1,714,575 shares during the quarter. APG Asset Management N.V. owned approximately 0.11% of NextEra Energy worth $151,547,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NEE. Burkett Financial Services LLC raised its stake in shares of NextEra Energy by 1,229.6% during the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock worth $26,000 after buying an additional 332 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new stake in NextEra Energy during the 4th quarter worth $28,000. Quarry LP acquired a new stake in NextEra Energy during the 3rd quarter worth $33,000. WealthTrak Capital Management LLC bought a new stake in shares of NextEra Energy during the 4th quarter valued at $33,000. Finally, Luken Investment Analytics LLC acquired a new position in shares of NextEra Energy in the 4th quarter valued at $36,000. 78.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on NEE. Evercore ISI decreased their price objective on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a research note on Monday, January 27th. BMO Capital Markets boosted their target price on NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Guggenheim reaffirmed a "buy" rating and issued a $89.00 price target on shares of NextEra Energy in a research note on Thursday, March 20th. Jefferies Financial Group reduced their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Finally, Morgan Stanley upped their target price on shares of NextEra Energy from $95.00 to $97.00 and gave the company an "overweight" rating in a research note on Thursday, March 20th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, NextEra Energy has an average rating of "Hold" and an average target price of $85.92.

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NextEra Energy Stock Down 1.5 %

NEE traded down $1.00 during trading on Friday, hitting $65.72. The company had a trading volume of 14,853,104 shares, compared to its average volume of 10,823,000. The company has a market capitalization of $135.29 billion, a PE ratio of 19.50, a PEG ratio of 2.45 and a beta of 0.58. 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, Inc. has a one year low of $61.31 and a one year high of $86.10. The firm's 50-day moving average price is $69.89 and its 200 day moving average price is $73.84.

NextEra Energy (NYSE:NEE - Get Free Report) last issued 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%. As a group, equities analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The firm also recently disclosed 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 of this dividend was Friday, February 28th. This is an increase 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 3.45%. NextEra Energy's dividend payout ratio (DPR) is 67.06%.

Insider Transactions at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of NextEra Energy stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the sale, the chief accounting officer now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.18% of the stock is currently owned by insiders.

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.