168,084 Shares in NextEra Energy, Inc. (NYSE:NEE) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 168,084 shares of the utilities provider's stock, valued at approximately $14,208,000.

Several other institutional investors also recently bought and sold shares of NEE. Proffitt & Goodson Inc. boosted its position in NextEra Energy by 64.0% during the 2nd quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 144 shares in the last quarter. Semmax Financial Advisors Inc. boosted its position in NextEra Energy by 197.4% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 225 shares in the last quarter. Reston Wealth Management LLC bought a new stake in NextEra Energy during the 3rd quarter valued at $27,000. Valley Wealth Managers Inc. bought a new stake in NextEra Energy during the 2nd quarter valued at $33,000. Finally, Maryland Capital Advisors Inc. bought a new stake in NextEra Energy during the 3rd quarter valued at $39,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Stock Performance

NEE traded up $0.69 on Tuesday, reaching $77.08. 7,942,173 shares of the stock were exchanged, compared to its average volume of 10,930,620. The company's 50-day moving average price is $81.43 and its 200 day moving average price is $77.60. NextEra Energy, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. 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 firm has a market capitalization of $158.51 billion, a PE ratio of 22.60, a PEG ratio of 2.76 and a beta of 0.57.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.05. The business had revenue of $7.57 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The company's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.94 EPS. As a group, sell-side analysts forecast that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 22nd will be paid a $0.515 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.06 annualized dividend and a dividend yield of 2.67%. NextEra Energy's dividend payout ratio is presently 60.95%.

Insider Activity at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the transaction, the executive vice president now owns 15,792 shares in the company, valued at $1,193,401.44. The trade was a 20.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NEE has been the topic of several recent research reports. Dbs Bank cut NextEra Energy from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 27th. Morgan Stanley raised their price objective on NextEra Energy from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 25th. Bank of America raised their price objective on NextEra Energy from $77.00 to $81.00 and gave the stock a "neutral" rating in a research report on Thursday, August 29th. Wells Fargo & Company raised their price objective on NextEra Energy from $95.00 to $102.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 3rd. Finally, Royal Bank of Canada cut NextEra Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, October 22nd. Eight investment 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.com, the stock has a consensus rating of "Hold" and a consensus price target of $86.54.

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.