Banque Cantonale Vaudoise Has $10.61 Million Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Banque Cantonale Vaudoise increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 14.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 125,463 shares of the utilities provider's stock after acquiring an additional 16,154 shares during the period. Banque Cantonale Vaudoise's holdings in NextEra Energy were worth $10,605,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Reston Wealth Management LLC acquired a new stake in NextEra Energy during the 3rd quarter valued at approximately $27,000. Semmax Financial Advisors Inc. raised its holdings in NextEra Energy by 197.4% in the second 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. Proffitt & Goodson Inc. boosted its stake 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 during the last quarter. Valley Wealth Managers Inc. bought a new stake in shares of NextEra Energy in the 2nd quarter worth about $33,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in shares of NextEra Energy in the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Performance

NEE traded up $0.69 during trading hours on Tuesday, hitting $77.08. The company's stock had a trading volume of 7,941,982 shares, compared to its average volume of 10,930,620. The company has a 50-day simple moving average of $81.43 and a 200 day simple moving average of $77.60. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11. 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, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.94 earnings per share. As a group, sell-side analysts expect that NextEra Energy, Inc. will post 3.41 EPS for the current year.

NextEra Energy Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently commented on NEE. Scotiabank boosted their price objective on NextEra Energy from $73.00 to $92.00 and gave the company a "sector outperform" rating in a report on Tuesday, August 20th. Wells Fargo & Company boosted their price target on NextEra Energy from $95.00 to $102.00 and gave the company an "overweight" rating in a report on Tuesday, September 3rd. Jefferies Financial Group initiated coverage on NextEra Energy in a research note on Thursday, September 19th. They set a "hold" rating and a $87.00 price objective on the stock. Guggenheim boosted their target price on shares of NextEra Energy from $90.00 to $92.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Finally, Morgan Stanley raised their price target on shares of NextEra Energy from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 25th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, NextEra Energy presently has a consensus rating of "Hold" and a consensus price target of $86.54.

Insider Transactions at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction that occurred on Tuesday, November 12th. The shares were 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 $1,193,401.44. The trade was a 20.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.18% of the company's stock.

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.