NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Lowered by Curi RMB Capital LLC

Curi RMB Capital LLC cut its stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 14.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,957 shares of the utilities provider's stock after selling 4,871 shares during the period. Curi RMB Capital LLC's holdings in NextEra Energy were worth $2,004,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Howard Capital Management Group LLC raised its stake in NextEra Energy by 1.8% in the 3rd quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider's stock worth $25,293,000 after acquiring an additional 5,409 shares during the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of NextEra Energy by 3.1% during the third quarter. SOA Wealth Advisors LLC. now owns 21,790 shares of the utilities provider's stock worth $1,842,000 after purchasing an additional 656 shares during the period. Wealthquest Corp increased its holdings in NextEra Energy by 4.8% in the 3rd quarter. Wealthquest Corp now owns 9,829 shares of the utilities provider's stock worth $838,000 after buying an additional 446 shares during the period. Tudor Financial Inc. purchased a new position in NextEra Energy during the 3rd quarter worth approximately $742,000. Finally, Anchor Investment Management LLC lifted its stake in NextEra Energy by 4.5% during the 3rd quarter. Anchor Investment Management LLC now owns 52,178 shares of the utilities provider's stock valued at $4,411,000 after acquiring an additional 2,252 shares during the period. Hedge funds and other institutional investors own 78.72% of the company's stock.

Wall Street Analyst Weigh In

NEE has been the topic of several recent research reports. Morgan Stanley reaffirmed an "overweight" rating on shares of NextEra Energy in a report on Wednesday. Evercore ISI lowered their price target 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. Erste Group Bank upgraded shares of NextEra Energy to a "strong-buy" rating in a research report on Wednesday, April 16th. Barclays cut their price target on NextEra Energy from $77.00 to $73.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Wells Fargo & Company lowered their price target on NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a research report on Thursday. Eight investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $84.08.

Insiders Place Their Bets

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the company'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 transaction, the chief accounting officer now owns 27,427 shares in the company, valued at $1,867,504.43. This represents a 7.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.18% of the stock is owned by insiders.

NextEra Energy Price Performance

Shares of NEE traded down $0.25 during trading hours on Friday, reaching $66.10. 9,633,275 shares of the company traded hands, compared to its average volume of 10,817,136. The stock has a market capitalization of $136.07 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The stock has a fifty day simple moving average of $69.45 and a 200 day simple moving average of $72.83. NextEra Energy, Inc. has a fifty-two week low of $61.72 and a fifty-two week high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, meeting the consensus estimate of $0.99. The firm had revenue of $6.25 billion during the quarter, compared to analyst estimates of $6.58 billion. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, research analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.43%. This is a boost from NextEra Energy's previous quarterly dividend of $0.52. The ex-dividend date was Friday, February 28th. NextEra Energy's payout ratio is 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.