Commerzbank Aktiengesellschaft FI Has $4.51 Million Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Commerzbank Aktiengesellschaft FI grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 89.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,876 shares of the utilities provider's stock after acquiring an additional 29,662 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in NextEra Energy were worth $4,512,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Empowered Funds LLC lifted its holdings in shares of NextEra Energy by 14.7% during the 4th quarter. Empowered Funds LLC now owns 45,566 shares of the utilities provider's stock valued at $3,267,000 after buying an additional 5,831 shares during the last quarter. Nordea Investment Management AB grew its position in NextEra Energy by 20.9% in the fourth quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider's stock worth $634,703,000 after acquiring an additional 1,525,436 shares in the last quarter. Empower Advisory Group LLC increased its stake in shares of 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 purchasing an additional 41,328 shares during the last quarter. Swiss National Bank increased its stake in shares of 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 purchasing an additional 21,400 shares during the last quarter. Finally, Czech National Bank lifted its stake in shares of NextEra Energy by 6.5% in the 4th quarter. Czech National Bank now owns 445,870 shares of the utilities provider's stock valued at $31,964,000 after purchasing an additional 27,340 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Stock Down 1.1 %

NEE stock traded down $0.80 during trading hours on Thursday, reaching $69.68. 1,597,425 shares of the stock were exchanged, compared to its average volume of 11,181,577. The firm's 50-day moving average is $70.33 and its 200-day moving average is $76.16. NextEra Energy, Inc. has a 12 month low of $55.53 and a 12 month high of $86.10. The company has a market cap of $143.33 billion, a price-to-earnings ratio of 20.66, a PEG 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.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, meeting analysts' consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, equities research analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.5665 per share. The ex-dividend date is Friday, February 28th. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 annualized dividend and a dividend yield of 3.25%. NextEra Energy's payout ratio is currently 67.06%.

Wall Street Analysts Forecast Growth

NEE has been the topic of a number of analyst reports. Morgan Stanley increased their price objective on NextEra Energy from $93.00 to $94.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. BMO Capital Markets increased their price target on NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Scotiabank boosted 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. JPMorgan Chase & Co. lowered their target price on shares of NextEra Energy from $99.00 to $90.00 in a research note on Monday, January 27th. Finally, Jefferies Financial Group dropped their target price on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $85.85.

Insider Activity

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 transaction of $162,258.47. Following the transaction, the chief accounting officer now owns 27,427 shares of the company's stock, valued at $1,867,504.43. The trade was a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is owned by insiders.

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.