Metis Global Partners LLC Has $14.70 Million Stock Position in NextEra Energy, Inc. (NYSE:NEE)

Metis Global Partners LLC increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 173,928 shares of the utilities provider's stock after buying an additional 10,484 shares during the period. Metis Global Partners LLC's holdings in NextEra Energy were worth $14,702,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in NEE. Intech Investment Management LLC grew its position in shares of NextEra Energy by 35.7% in the 1st quarter. Intech Investment Management LLC now owns 100,308 shares of the utilities provider's stock valued at $6,411,000 after buying an additional 26,382 shares during the last quarter. Border to Coast Pensions Partnership Ltd lifted its position in NextEra Energy by 2.2% during the third quarter. Border to Coast Pensions Partnership Ltd now owns 1,216,077 shares of the utilities provider's stock valued at $102,495,000 after buying an additional 26,270 shares in the last quarter. Ancora Advisors LLC lifted its position in shares of NextEra Energy by 10.6% during the first quarter. Ancora Advisors LLC now owns 79,994 shares of the utilities provider's stock worth $5,112,000 after purchasing an additional 7,677 shares in the last quarter. Magnolia Capital Advisors LLC increased its stake in shares of NextEra Energy by 1,224.3% in the second quarter. Magnolia Capital Advisors LLC now owns 72,453 shares of the utilities provider's stock worth $5,130,000 after buying an additional 66,982 shares during the last quarter. Finally, Raymond James & Associates increased its stake in NextEra Energy by 57.0% during the second quarter. Raymond James & Associates now owns 5,957,220 shares of the utilities provider's stock valued at $421,831,000 after purchasing an additional 2,163,437 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the transaction, the executive vice president now directly owns 15,792 shares in the company, valued at approximately $1,193,401.44. This trade 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 can be accessed through this link. Corporate insiders own 0.18% of the company's stock.

Analyst Ratings Changes

NEE has been the subject of a number of research analyst reports. Dbs Bank downgraded shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Friday, September 27th. Wells Fargo & Company increased their price objective on NextEra Energy from $95.00 to $102.00 and gave the stock an "overweight" rating in a report on Tuesday, September 3rd. Guggenheim increased their price objective on NextEra Energy from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Scotiabank upped their target price on NextEra Energy from $73.00 to $92.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 20th. Finally, JPMorgan Chase & Co. increased their price objective on NextEra Energy from $91.00 to $94.00 and gave the stock an "overweight" rating in a research note on Friday, August 2nd. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $86.54.

NextEra Energy Stock Performance

NEE traded up $1.04 during trading on Thursday, hitting $75.28. The stock had a trading volume of 13,780,257 shares, compared to its average volume of 10,941,193. The company has a 50 day moving average price of $81.70 and a 200-day moving average price of $77.36. The firm has a market cap of $154.81 billion, a price-to-earnings ratio of 21.96, a P/E/G ratio of 2.68 and a beta of 0.57. NextEra Energy, Inc. has a one year low of $53.95 and a one year 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.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $8.11 billion. During the same period in the prior year, the company earned $0.94 EPS. NextEra Energy's revenue for the quarter was up 5.5% on a year-over-year basis. As a group, research analysts predict that NextEra Energy, Inc. will post 3.41 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed 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 is currently 60.95%.

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.