NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC decreased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 13.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 170,937 shares of the utilities provider's stock after selling 27,281 shares during the quarter. Copeland Capital Management LLC's holdings in NextEra Energy were worth $12,255,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of NEE. Avantra Family Wealth Inc. bought a new stake in NextEra Energy in the fourth quarter worth $514,000. Spire Wealth Management raised its stake in shares of NextEra Energy by 2.5% in the fourth quarter. Spire Wealth Management now owns 159,768 shares of the utilities provider's stock valued at $11,454,000 after acquiring an additional 3,824 shares during the period. Riverstone Advisors LLC lifted its holdings in shares of NextEra Energy by 36.6% in the 4th quarter. Riverstone Advisors LLC now owns 3,369 shares of the utilities provider's stock worth $242,000 after acquiring an additional 903 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of NextEra Energy by 2.3% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 98,108 shares of the utilities provider's stock worth $7,033,000 after purchasing an additional 2,182 shares during the period. Finally, Marietta Wealth Management LLC grew its holdings in NextEra Energy by 1.2% during the 4th quarter. Marietta Wealth Management LLC now owns 88,720 shares of the utilities provider's stock valued at $6,360,000 after purchasing an additional 1,060 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Down 1.0 %

NEE stock traded down $0.73 during trading on Wednesday, reaching $69.17. 9,024,344 shares of the company traded hands, compared to its average volume of 11,747,315. The company has a market capitalization of $142.24 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. The business has a 50 day simple moving average of $72.25 and a 200 day simple moving average of $77.13. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting the consensus estimate 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 anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

Insider Transactions at NextEra Energy

In other NextEra Energy 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 transaction of $302,808.99. Following the completion of the sale, the executive vice president now owns 15,792 shares of the company's stock, valued at approximately $1,193,401.44. The trade was a 20.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Guggenheim raised their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Evercore ISI dropped their price objective on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a report on Monday, January 27th. Jefferies Financial Group reduced their target price on NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Barclays boosted their target price on shares of NextEra Energy from $80.00 to $82.00 and gave the company an "equal weight" rating in a research note on Friday, October 25th. Finally, Scotiabank raised their price target 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. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $85.85.

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.