22,159 Shares in NextEra Energy, Inc. (NYSE:NEE) Purchased by Crews Bank & Trust

Crews Bank & Trust acquired a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,159 shares of the utilities provider's stock, valued at approximately $1,589,000.

Other institutional investors have also recently made changes to their positions in the company. Reston Wealth Management LLC acquired a new position in shares of NextEra Energy during the third quarter worth about $27,000. Burkett Financial Services LLC lifted its stake in NextEra Energy by 1,229.6% in the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock worth $26,000 after acquiring an additional 332 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new position in NextEra Energy during the 4th quarter worth approximately $28,000. Quarry LP purchased a new stake in shares of NextEra Energy in the 3rd quarter valued at approximately $33,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in shares of NextEra Energy in the 3rd quarter valued at $39,000. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Stock Performance

NEE traded up $0.42 during trading on Thursday, hitting $71.31. The stock had a trading volume of 8,637,495 shares, compared to its average volume of 12,145,485. The firm has a market capitalization of $146.64 billion, a P/E ratio of 21.10, a PEG ratio of 2.29 and a beta of 0.58. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.33 and a current ratio of 0.41. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The company's 50-day moving average price is $72.72 and its 200 day moving average price is $77.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. On average, equities research analysts forecast that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of analyst reports. Scotiabank boosted their target price 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. dropped their price objective on NextEra Energy from $99.00 to $90.00 in a report on Monday. Barclays boosted their target price on NextEra Energy from $80.00 to $82.00 and gave the stock an "equal weight" rating in a research note on Friday, October 25th. Royal Bank of Canada lowered shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, October 22nd. Finally, Evercore ISI reduced their price objective on shares of NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a research report on Monday. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $85.85.

Insider Activity at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the sale, the executive vice president now owns 15,792 shares in the company, valued at $1,193,401.44. This represents a 20.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.18% of the company's stock.

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.