NextEra Energy, Inc. (NYSE:NEE) Position Increased by Financial & Tax Architects LLC

Financial & Tax Architects LLC increased its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 85,124 shares of the utilities provider's stock after purchasing an additional 4,786 shares during the quarter. NextEra Energy accounts for 1.6% of Financial & Tax Architects LLC's investment portfolio, making the stock its 25th biggest holding. Financial & Tax Architects LLC's holdings in NextEra Energy were worth $6,103,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of NEE. Trust Co. of Vermont boosted its holdings in shares of NextEra Energy by 2.8% during the fourth quarter. Trust Co. of Vermont now owns 377,120 shares of the utilities provider's stock worth $27,036,000 after purchasing an additional 10,312 shares during the last quarter. CGN Advisors LLC purchased a new stake in NextEra Energy in the 4th quarter valued at about $244,000. Sanibel Captiva Trust Company Inc. increased its stake in shares of NextEra Energy by 0.4% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 263,186 shares of the utilities provider's stock valued at $18,868,000 after acquiring an additional 1,170 shares during the last quarter. Howard Financial Services LTD. lifted its holdings in shares of NextEra Energy by 65.7% during the 4th quarter. Howard Financial Services LTD. now owns 5,220 shares of the utilities provider's stock worth $374,000 after acquiring an additional 2,070 shares during the period. Finally, Verity & Verity LLC boosted its position in shares of NextEra Energy by 6.1% in the fourth quarter. Verity & Verity LLC now owns 195,945 shares of the utilities provider's stock worth $14,047,000 after acquiring an additional 11,319 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Stock Down 0.8 %

Shares of NEE traded down $0.54 during trading on Friday, reaching $70.83. The company's stock had a trading volume of 12,662,751 shares, compared to its average volume of 7,419,646. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11. The company has a market cap of $145.66 billion, a price-to-earnings ratio of 20.96, a P/E/G ratio of 2.26 and a beta of 0.58. The company has a fifty day moving average of $73.50 and a two-hundred day moving average of $77.21.

NextEra Energy (NYSE:NEE - Get Free Report) last posted 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. The firm had revenue of $7.57 billion for the quarter, compared to analysts' expectations of $8.11 billion. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.94 earnings per share. On average, sell-side analysts predict that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

Insider Buying and Selling

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the transaction, the executive vice president now owns 15,792 shares of the company's stock, valued at $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on NEE shares. Dbs Bank downgraded shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 27th. Morgan Stanley lowered their price target on NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a research report on Friday, November 22nd. Scotiabank lifted their price objective on NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a research note on Thursday, December 12th. BMO Capital Markets increased their target price on shares of NextEra Energy from $83.00 to $91.00 and gave the stock an "outperform" rating in a research report on Friday, October 18th. Finally, Guggenheim lifted their price target on shares of NextEra Energy from $90.00 to $92.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, NextEra Energy has an average rating of "Hold" and an average price target of $87.15.

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.