FSA Advisors Inc. Invests $295,000 in NextEra Energy, Inc. (NYSE:NEE)

FSA Advisors Inc. acquired a new position in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,113 shares of the utilities provider's stock, valued at approximately $295,000.

Several other large investors also recently modified their holdings of the company. Burkett Financial Services LLC increased its stake in shares of NextEra Energy by 1,229.6% in the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock worth $26,000 after purchasing an additional 332 shares in the last quarter. Reston Wealth Management LLC bought a new stake in NextEra Energy during the third quarter valued at about $27,000. Sugar Maple Asset Management LLC purchased a new stake in NextEra Energy in the fourth quarter worth about $28,000. Quarry LP bought a new position in shares of NextEra Energy in the third quarter worth about $33,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of NextEra Energy during the 3rd quarter valued at about $39,000. Institutional investors own 78.72% of the company's stock.

Insider Activity

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the firm's stock in a transaction dated 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 sale, the executive vice president now owns 15,792 shares of the company's stock, valued at $1,193,401.44. This trade represents a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.18% of the company's stock.

NextEra Energy Price Performance

Shares of NEE stock traded up $0.20 on Friday, reaching $71.50. The company's stock had a trading volume of 3,778,157 shares, compared to its average volume of 11,710,231. The stock's fifty day simple moving average is $72.60 and its 200-day simple moving average is $77.06. NextEra Energy, Inc. has a 1 year low of $53.95 and a 1 year high of $86.10. The company has a market capitalization of $147.03 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 2.48 and a beta of 0.58. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting analysts' consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. Analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Guggenheim increased their target price on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Jefferies Financial Group decreased their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday. JPMorgan Chase & Co. dropped their target price on shares of NextEra Energy from $99.00 to $90.00 in a report on Monday. Barclays increased their price target 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. Finally, Evercore ISI cut their target price on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a research report on Monday. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $85.85.

NextEra Energy Company 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.