Daiwa Securities Group Inc. Buys 35,870 Shares of NextEra Energy, Inc. (NYSE:NEE)

Daiwa Securities Group Inc. lifted its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 455,679 shares of the utilities provider's stock after purchasing an additional 35,870 shares during the quarter. Daiwa Securities Group Inc.'s holdings in NextEra Energy were worth $38,518,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Reston Wealth Management LLC bought a new position in shares of NextEra Energy in the 3rd quarter valued at about $27,000. Semmax Financial Advisors Inc. grew its stake in NextEra Energy by 197.4% in the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 225 shares in the last quarter. Proffitt & Goodson Inc. increased its position in shares of NextEra Energy by 64.0% during the 2nd quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider's stock worth $26,000 after purchasing an additional 144 shares during the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of NextEra Energy in the 2nd 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 approximately $39,000. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Stock Performance

NextEra Energy stock traded down $0.84 during midday trading on Friday, hitting $76.00. The company's stock had a trading volume of 8,165,408 shares, compared to its average volume of 12,459,021. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. The company has a market cap of $156.29 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 2.79 and a beta of 0.57. NextEra Energy, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10. The company has a 50-day moving average price of $80.90 and a two-hundred day moving average price of $77.71.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.05. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The business had revenue of $7.57 billion during the quarter, compared to analysts' expectations of $8.11 billion. During the same period in the previous year, the company posted $0.94 earnings per share. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, sell-side analysts predict that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.515 per share. The ex-dividend date is Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a yield of 2.71%. NextEra Energy's payout ratio is 60.95%.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the firm's stock in a transaction 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 of the company's stock, valued at approximately $1,193,401.44. This trade represents a 20.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NEE shares. Bank of America boosted their target price on shares of NextEra Energy from $77.00 to $81.00 and gave the stock a "neutral" rating in a report on Thursday, August 29th. Royal Bank of Canada cut shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, October 22nd. Guggenheim lifted their price target on NextEra Energy from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Dbs Bank lowered NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 27th. Finally, Morgan Stanley reduced their target price on NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a research note on Friday. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $86.85.

About NextEra Energy

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.