NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Empower Advisory Group LLC

Empower Advisory Group LLC grew its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,823,327 shares of the utilities provider's stock after buying an additional 41,328 shares during the quarter. Empower Advisory Group LLC owned 0.09% of NextEra Energy worth $130,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of NEE. Geode Capital Management LLC raised its holdings in NextEra Energy by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 42,418,748 shares of the utilities provider's stock worth $3,571,650,000 after purchasing an additional 820,704 shares during the period. Charles Schwab Investment Management Inc. increased its stake in NextEra Energy by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,284,785 shares of the utilities provider's stock worth $1,122,963,000 after buying an additional 86,758 shares in the last quarter. Nordea Investment Management AB increased its stake in NextEra Energy by 20.9% in the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider's stock worth $634,703,000 after buying an additional 1,525,436 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in NextEra Energy by 5.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,630,775 shares of the utilities provider's stock worth $729,559,000 after buying an additional 452,590 shares in the last quarter. Finally, Swiss National Bank grew its position in shares of NextEra Energy by 0.4% during the third quarter. Swiss National Bank now owns 6,098,200 shares of the utilities provider's stock valued at $515,481,000 after purchasing an additional 21,400 shares in the last quarter. 78.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NEE. JPMorgan Chase & Co. cut their price objective on NextEra Energy from $99.00 to $90.00 in a research report on Monday, January 27th. Evercore ISI cut their price objective on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a research report on Monday, January 27th. Guggenheim raised their price objective on NextEra Energy from $90.00 to $92.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Barclays raised their price objective on NextEra Energy from $80.00 to $82.00 and gave the company an "equal weight" rating in a research report on Friday, October 25th. Finally, Jefferies Financial Group dropped their price target on NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $85.85.

NextEra Energy Trading Up 1.5 %

Shares of NextEra Energy stock traded up $1.06 on Thursday, hitting $70.12. 9,339,386 shares of the company traded hands, compared to its average volume of 11,303,559. The stock's 50 day moving average price is $70.62 and its 200-day moving average price is $76.64. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. NextEra Energy, Inc. has a 52 week low of $53.95 and a 52 week high of $86.10. The company has a market cap of $144.23 billion, a PE ratio of 20.81, a PEG ratio of 2.39 and a beta of 0.58.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting analysts' consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. Equities research analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be issued a $0.5665 dividend. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend is Friday, February 28th. NextEra Energy's payout ratio is currently 61.13%.

Insiders Place Their Bets

In other news, CAO James Michael May sold 2,383 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following the sale, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at $1,867,504.43. The trade was a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.18% of the company's stock.

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.