NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Haverford Trust Co

Haverford Trust Co raised its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,614,522 shares of the utilities provider's stock after purchasing an additional 54,264 shares during the period. NextEra Energy accounts for 1.1% of Haverford Trust Co's holdings, making the stock its 29th biggest position. Haverford Trust Co owned about 0.08% of NextEra Energy worth $115,745,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 205,297,225 shares of the utilities provider's stock worth $14,717,758,000 after buying an additional 2,090,538 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of NextEra Energy by 2.0% in the third quarter. Geode Capital Management LLC now owns 42,418,748 shares of the utilities provider's stock worth $3,571,650,000 after acquiring an additional 820,704 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of NextEra Energy by 4.2% in the fourth quarter. Bank of New York Mellon Corp now owns 14,523,786 shares of the utilities provider's stock worth $1,041,210,000 after acquiring an additional 588,038 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of NextEra Energy by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,630,784 shares of the utilities provider's stock worth $977,191,000 after purchasing an additional 345,999 shares in the last quarter. Finally, Amundi raised its stake in NextEra Energy by 49.8% in the 4th quarter. Amundi now owns 9,543,552 shares of the utilities provider's stock valued at $676,008,000 after purchasing an additional 3,172,405 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

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Insider Activity

In other news, CAO James Michael May sold 2,383 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following the sale, the chief accounting officer now owns 27,427 shares of the company's stock, valued at approximately $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.18% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on NEE. BMO Capital Markets upped their target price on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Guggenheim reaffirmed a "buy" rating and set a $89.00 price objective on shares of NextEra Energy in a research note on Thursday, March 20th. Evercore ISI decreased their target price on shares of NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a research note on Monday, January 27th. Scotiabank upped their price target on NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a research report on Thursday, December 12th. Finally, Morgan Stanley lifted their price objective on NextEra Energy from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Thursday, March 20th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, NextEra Energy presently has an average rating of "Hold" and a consensus target price of $85.92.

NextEra Energy Trading Up 0.6 %

Shares of NYSE:NEE traded up $0.41 during midday trading on Friday, reaching $70.44. 7,846,146 shares of the company's stock were exchanged, compared to its average volume of 10,646,249. The stock has a market cap of $144.90 billion, a price-to-earnings ratio of 20.90, a P/E/G ratio of 2.45 and a beta of 0.58. NextEra Energy, Inc. has a fifty-two week low of $61.31 and a fifty-two week high of $86.10. The firm's 50 day simple moving average is $70.67 and its two-hundred day simple moving average is $75.19. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38.

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

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were paid a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.22%. 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 dividend payout ratio is 67.06%.

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.