NextEra Energy, Inc. (NYSE:NEE) Shares Sold by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC decreased its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,245 shares of the utilities provider's stock after selling 4,151 shares during the period. HighPoint Advisor Group LLC's holdings in NextEra Energy were worth $4,379,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Burkett Financial Services LLC increased its holdings in shares of NextEra Energy by 1,229.6% during the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 332 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new position in NextEra Energy in the fourth quarter valued at approximately $28,000. Quarry LP purchased a new stake in shares of NextEra Energy during the 3rd quarter worth about $33,000. WealthTrak Capital Management LLC acquired a new stake in NextEra Energy in the fourth quarter valued at approximately $33,000. Finally, Luken Investment Analytics LLC acquired a new position in NextEra Energy during the fourth quarter worth $36,000. 78.72% of the stock is owned by institutional investors.

NextEra Energy Stock Performance

NYSE:NEE traded up $1.60 during trading hours on Thursday, reaching $72.08. 13,643,924 shares of the company's stock were exchanged, compared to its average volume of 10,645,592. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $148.27 billion, a price-to-earnings ratio of 21.39, a P/E/G ratio of 2.45 and a beta of 0.58. NextEra Energy, Inc. has a 1-year low of $61.31 and a 1-year high of $86.10. The company has a 50-day moving average of $70.71 and a 200 day moving average of $74.87.

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

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were given a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a yield of 3.14%. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. The ex-dividend date was Friday, February 28th. NextEra Energy's dividend payout ratio (DPR) is 67.06%.

Insider Activity

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of NextEra Energy stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total value 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. The trade was a 7.99 % decrease in their position. 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 Upgrades and Downgrades

NEE has been the topic of several recent research reports. Jefferies Financial Group lowered their target price on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. BMO Capital Markets upped their price target on NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. lifted their price objective on NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research note on Tuesday, March 11th. Morgan Stanley increased their target price on shares of NextEra Energy from $95.00 to $97.00 and gave the stock an "overweight" rating in a report on Thursday, March 20th. Finally, Scotiabank upped their price target on NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a report on Thursday, December 12th. 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.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $85.92.

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.