NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 15.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 261,784 shares of the utilities provider's stock after selling 47,859 shares during the period. Janus Henderson Group PLC's holdings in NextEra Energy were worth $22,127,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in NextEra Energy by 8,641.5% during the third quarter. International Assets Investment Management LLC now owns 3,861,208 shares of the utilities provider's stock valued at $326,388,000 after purchasing an additional 3,817,037 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of NextEra Energy by 4,058.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,366,795 shares of the utilities provider's stock worth $200,065,000 after buying an additional 2,309,876 shares during the last quarter. Raymond James & Associates raised its stake in shares of NextEra Energy by 57.0% during the 2nd quarter. Raymond James & Associates now owns 5,957,220 shares of the utilities provider's stock worth $421,831,000 after acquiring an additional 2,163,437 shares in the last quarter. LGT Group Foundation lifted its position in NextEra Energy by 962.8% during the second quarter. LGT Group Foundation now owns 1,514,482 shares of the utilities provider's stock valued at $107,240,000 after acquiring an additional 1,371,982 shares during the last quarter. Finally, Senator Investment Group LP boosted its stake in NextEra Energy by 5,094.5% in the second quarter. Senator Investment Group LP now owns 1,019,629 shares of the utilities provider's stock valued at $72,200,000 after acquiring an additional 1,000,000 shares in the last quarter. Institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on NEE shares. Royal Bank of Canada lowered NextEra Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, October 22nd. Dbs Bank lowered shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 27th. Morgan Stanley dropped their target price on shares of NextEra Energy from $95.00 to $94.00 and set an "overweight" rating on the stock in a research report on Friday, November 22nd. Bank of America raised their target price on NextEra Energy from $77.00 to $81.00 and gave the stock a "neutral" rating in a research note on Thursday, August 29th. Finally, Wells Fargo & Company lifted their target price on NextEra Energy from $95.00 to $102.00 and gave the stock an "overweight" rating in a report on Tuesday, September 3rd. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $86.85.

NextEra Energy Price Performance

Shares of NEE stock traded down $0.96 during mid-day trading on Friday, hitting $75.24. 7,079,144 shares of the stock were exchanged, compared to its average volume of 10,491,270. The company has a quick ratio of 0.33, a current ratio of 0.41 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. The firm has a fifty day moving average of $79.50 and a 200 day moving average of $77.84. The company has a market cap of $154.72 billion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 2.74 and a beta of 0.56.

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

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 22nd will be given a dividend of $0.515 per share. 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 dividend payout ratio (DPR) is presently 60.95%.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the 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 directly owns 15,792 shares in the company, valued at $1,193,401.44. This represents a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.18% of the company's stock.

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.