NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC boosted its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 273.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 297,532 shares of the utilities provider's stock after acquiring an additional 217,832 shares during the period. Aquatic Capital Management LLC's holdings in NextEra Energy were worth $21,330,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NEE. Accel Wealth Management grew its stake in shares of NextEra Energy by 1.7% during the 4th quarter. Accel Wealth Management now owns 8,615 shares of the utilities provider's stock valued at $618,000 after buying an additional 145 shares during the period. L.M. Kohn & Company grew its stake in shares of NextEra Energy by 1.0% during the 4th quarter. L.M. Kohn & Company now owns 15,353 shares of the utilities provider's stock valued at $1,101,000 after buying an additional 145 shares during the period. 1ST Source Bank grew its stake in shares of NextEra Energy by 0.4% during the 3rd quarter. 1ST Source Bank now owns 34,178 shares of the utilities provider's stock valued at $2,889,000 after buying an additional 147 shares during the period. Tortoise Investment Management LLC grew its stake in shares of NextEra Energy by 8.3% during the 4th quarter. Tortoise Investment Management LLC now owns 1,943 shares of the utilities provider's stock valued at $139,000 after buying an additional 149 shares during the period. Finally, Baker Ellis Asset Management LLC grew its stake in shares of NextEra Energy by 1.3% during the 4th quarter. Baker Ellis Asset Management LLC now owns 11,666 shares of the utilities provider's stock valued at $836,000 after buying an additional 150 shares during the period. 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, CAO James Michael May sold 2,383 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was 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 in the company, valued at $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.18% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NEE has been the subject of several research reports. Jefferies Financial Group lowered their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Morgan Stanley restated an "overweight" rating on shares of NextEra Energy in a report on Wednesday, April 23rd. Barclays lowered their price target on NextEra Energy from $73.00 to $65.00 and set an "equal weight" rating for the company in a report on Tuesday. Guggenheim restated a "buy" rating and set a $89.00 price objective on shares of NextEra Energy in a research note on Thursday, March 20th. Finally, Erste Group Bank raised NextEra Energy to a "strong-buy" rating in a research report on Wednesday, April 16th. Eight research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $83.46.

NextEra Energy Stock Up 1.6 %

Shares of NYSE:NEE traded up $1.06 during trading on Tuesday, hitting $67.25. The company's stock had a trading volume of 8,891,478 shares, compared to its average volume of 10,799,245. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. NextEra Energy, Inc. has a fifty-two week low of $61.72 and a fifty-two week high of $86.10. The stock's 50-day moving average price is $69.35 and its two-hundred day moving average price is $72.50. The company has a market capitalization of $138.44 billion, a PE ratio of 19.96, a PEG ratio of 2.45 and a beta of 0.58.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. The business had revenue of $6.25 billion for the quarter, compared to analysts' expectations of $6.58 billion. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The company's revenue was up 9.0% compared to the same quarter last year. As a group, sell-side analysts expect 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. Shareholders of record on Friday, February 28th were paid a dividend of $0.5665 per share. The ex-dividend date was Friday, February 28th. This represents a $2.27 annualized dividend and a yield of 3.37%. This is a boost from NextEra Energy's previous quarterly dividend of $0.52. NextEra Energy's dividend payout ratio is presently 84.64%.

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.