NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC lessened its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 40.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,513 shares of the utilities provider's stock after selling 7,202 shares during the quarter. Krilogy Financial LLC's holdings in NextEra Energy were worth $754,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Semmax Financial Advisors Inc. increased its stake in shares of NextEra Energy by 197.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock worth $26,000 after acquiring an additional 225 shares during the last quarter. Burkett Financial Services LLC grew its holdings in shares of NextEra Energy by 1,229.6% in the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 332 shares during the period. Reston Wealth Management LLC acquired a new stake in NextEra Energy during the third quarter worth about $27,000. Quarry LP purchased a new position in NextEra Energy during the third quarter worth about $33,000. Finally, Maryland Capital Advisors Inc. acquired a new position in NextEra Energy in the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on NEE. BMO Capital Markets increased their price objective on NextEra Energy from $83.00 to $91.00 and gave the stock an "outperform" rating in a research report on Friday, October 18th. Royal Bank of Canada cut NextEra Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, October 22nd. Guggenheim boosted their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Barclays increased their target price on shares of 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, Dbs Bank downgraded shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 27th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, NextEra Energy has an average rating of "Hold" and a consensus target price of $87.15.

Insider Buying and Selling

In other news, EVP Nicole J. Daggs sold 4,007 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following the completion of the sale, the executive vice president now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.18% of the stock is owned by company insiders.

NextEra Energy Stock Performance

Shares of NEE traded down $0.54 during midday trading on Monday, reaching $70.83. 12,662,751 shares of the stock were exchanged, compared to its average volume of 7,419,646. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. The company has a market capitalization of $145.66 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 2.26 and a beta of 0.58. The business's 50-day moving average price is $73.50 and its 200 day moving average price is $77.25.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $7.57 billion during the quarter, compared to analysts' expectations of $8.11 billion. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.94 earnings per share. On average, sell-side analysts expect that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

NextEra Energy 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.