Bravias Capital Group LLC Invests $276,000 in NextEra Energy, Inc. (NYSE:NEE)

Bravias Capital Group LLC bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,858 shares of the utilities provider's stock, valued at approximately $276,000.

Other institutional investors also recently made changes to their positions in the company. Gryphon Financial Partners LLC increased its stake in NextEra Energy by 7.6% in the 4th quarter. Gryphon Financial Partners LLC now owns 18,919 shares of the utilities provider's stock valued at $1,356,000 after buying an additional 1,341 shares during the period. Auxano Advisors LLC raised its stake in shares of NextEra Energy by 16.2% in the 4th quarter. Auxano Advisors LLC now owns 3,372 shares of the utilities provider's stock valued at $242,000 after buying an additional 469 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. acquired a new position in shares of NextEra Energy in the 4th quarter valued at $34,985,000. Fidelis Capital Partners LLC increased its position in shares of NextEra Energy by 6.1% during the 4th quarter. Fidelis Capital Partners LLC now owns 17,547 shares of the utilities provider's stock worth $1,247,000 after purchasing an additional 1,005 shares in the last quarter. Finally, Investment Partners LTD. increased its position in shares of NextEra Energy by 4.9% during the 4th quarter. Investment Partners LTD. now owns 3,376 shares of the utilities provider's stock worth $242,000 after purchasing an additional 159 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the business'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 sale, the chief accounting officer now owns 27,427 shares in the company, valued at approximately $1,867,504.43. The trade was a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

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

NextEra Energy Stock Down 0.5 %

NYSE NEE traded down $0.35 on Wednesday, reaching $70.51. The company had a trading volume of 7,722,390 shares, compared to its average volume of 11,417,093. The stock has a market capitalization of $145.03 billion, a P/E ratio of 20.92, a P/E/G ratio of 2.45 and a beta of 0.58. The company's fifty day moving average is $70.33 and its 200 day moving average is $76.16. NextEra Energy, Inc. has a 52-week low of $55.26 and a 52-week high of $86.10. 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 (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 earnings per share (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%. Sell-side analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.5665 per share. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.27 annualized dividend and a dividend yield of 3.21%. NextEra Energy's payout ratio is presently 67.06%.

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.