First National Bank of Omaha Trims Stock Position in NextEra Energy, Inc. (NYSE:NEE)

First National Bank of Omaha cut its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 182,810 shares of the utilities provider's stock after selling 7,948 shares during the quarter. NextEra Energy makes up about 1.0% of First National Bank of Omaha's portfolio, making the stock its 17th largest position. First National Bank of Omaha's holdings in NextEra Energy were worth $15,453,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Border to Coast Pensions Partnership Ltd raised its stake in NextEra Energy by 2.2% during the 3rd quarter. Border to Coast Pensions Partnership Ltd now owns 1,216,077 shares of the utilities provider's stock worth $102,495,000 after buying an additional 26,270 shares during the period. Swiss National Bank raised its position in shares of NextEra Energy by 0.4% during the third quarter. Swiss National Bank now owns 6,098,200 shares of the utilities provider's stock worth $515,481,000 after purchasing an additional 21,400 shares during the period. Dillon & Associates Inc. lifted its holdings in shares of NextEra Energy by 16.0% in the 3rd quarter. Dillon & Associates Inc. now owns 59,320 shares of the utilities provider's stock worth $5,042,000 after purchasing an additional 8,184 shares in the last quarter. Magnolia Capital Advisors LLC grew its position in NextEra Energy by 1,224.3% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 72,453 shares of the utilities provider's stock valued at $5,130,000 after purchasing an additional 66,982 shares during the period. Finally, Raymond James & Associates increased its stake in NextEra Energy by 57.0% during the 2nd quarter. Raymond James & Associates now owns 5,957,220 shares of the utilities provider's stock valued at $421,831,000 after purchasing an additional 2,163,437 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on NEE shares. 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. BMO Capital Markets raised their price target on shares of NextEra Energy from $83.00 to $91.00 and gave the company an "outperform" rating in a research report on Friday, October 18th. Bank of America boosted their price objective on NextEra Energy from $77.00 to $81.00 and gave the stock a "neutral" rating in a report on Thursday, August 29th. Wells Fargo & Company raised their target price on NextEra Energy from $95.00 to $102.00 and gave the company an "overweight" rating in a report on Tuesday, September 3rd. Finally, Guggenheim upped 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. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $86.85.

Insider Buying and Selling at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction that occurred 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 directly owns 15,792 shares in the company, valued at approximately $1,193,401.44. The trade was a 20.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.18% of the company's stock.

NextEra Energy Stock Performance

Shares of NYSE:NEE traded down $0.96 during midday trading on Friday, reaching $75.24. The company had a trading volume of 7,079,144 shares, compared to its average volume of 10,491,270. The stock has a market cap of $154.72 billion, a P/E ratio of 22.26, a P/E/G ratio of 2.74 and a beta of 0.56. The company's 50 day moving average price is $79.50 and its 200 day moving average price is $77.84. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11. NextEra Energy, Inc. has a 52-week low of $53.95 and a 52-week high of $86.10.

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

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be paid a $0.515 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.06 annualized dividend and a dividend yield of 2.74%. NextEra Energy's payout ratio is presently 60.95%.

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.