Natixis Advisors LLC Acquires 111,826 Shares of NextEra Energy, Inc. (NYSE:NEE)

Natixis Advisors LLC boosted its stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 13.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 936,898 shares of the utilities provider's stock after buying an additional 111,826 shares during the quarter. Natixis Advisors LLC's holdings in NextEra Energy were worth $79,196,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its stake in shares of NextEra Energy by 8,641.5% during the 3rd quarter. International Assets Investment Management LLC now owns 3,861,208 shares of the utilities provider's stock worth $326,388,000 after purchasing an additional 3,817,037 shares during the period. Zimmer Partners LP lifted its stake in shares of NextEra Energy by 8,447.5% during the 1st quarter. Zimmer Partners LP now owns 2,735,200 shares of the utilities provider's stock worth $174,807,000 after purchasing an additional 2,703,200 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of NextEra Energy by 4,058.2% during 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 purchasing an additional 2,309,876 shares during the period. Raymond James & Associates lifted 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 purchasing an additional 2,163,437 shares during the period. Finally, LGT Group Foundation increased its holdings in shares of NextEra Energy by 962.8% during the 2nd quarter. LGT Group Foundation now owns 1,514,482 shares of the utilities provider's stock worth $107,240,000 after buying an additional 1,371,982 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on NEE. Dbs Bank downgraded NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Friday, September 27th. Jefferies Financial Group began coverage on NextEra Energy in a report on Thursday, September 19th. They set a "hold" rating and a $87.00 price objective for the company. Scotiabank increased their price target on NextEra Energy from $73.00 to $92.00 and gave the company a "sector outperform" rating in a report on Tuesday, August 20th. BMO Capital Markets increased their price target on NextEra Energy from $83.00 to $91.00 and gave the company an "outperform" rating in a report on Friday, October 18th. Finally, Barclays increased their price target on NextEra Energy from $80.00 to $82.00 and gave the company an "equal weight" rating in a report on Friday, October 25th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $86.54.

Insider Activity

In other news, EVP Nicole J. Daggs sold 4,007 shares of the business's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total transaction of $302,808.99. Following the transaction, the executive vice president now directly owns 15,792 shares in the company, valued at $1,193,401.44. The trade was a 20.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.18% of the stock is currently owned by corporate insiders.

NextEra Energy Stock Up 1.4 %

NYSE:NEE traded up $1.07 during trading hours on Friday, hitting $76.35. 12,930,527 shares of the stock traded hands, compared to its average volume of 12,391,344. The firm has a 50 day moving average price of $81.53 and a 200 day moving average price of $77.48. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11. NextEra Energy, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. The firm has a market cap of $157.01 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.76 and a beta of 0.57.

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

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a dividend yield of 2.70%. The ex-dividend date is Friday, November 22nd. 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.