Swiss National Bank Has $515.48 Million Stake in NextEra Energy, Inc. (NYSE:NEE)

Swiss National Bank increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,098,200 shares of the utilities provider's stock after acquiring an additional 21,400 shares during the quarter. Swiss National Bank owned about 0.30% of NextEra Energy worth $515,481,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Claro Advisors LLC raised its position in shares of NextEra Energy by 11.0% in the third quarter. Claro Advisors LLC now owns 23,875 shares of the utilities provider's stock valued at $2,018,000 after buying an additional 2,373 shares in the last quarter. Concord Asset Management LLC VA increased its stake in NextEra Energy by 23.7% during the 3rd quarter. Concord Asset Management LLC VA now owns 41,845 shares of the utilities provider's stock worth $3,537,000 after acquiring an additional 8,023 shares during the period. Tower Bridge Advisors raised its holdings in NextEra Energy by 3.8% in the 3rd quarter. Tower Bridge Advisors now owns 70,789 shares of the utilities provider's stock valued at $5,984,000 after acquiring an additional 2,588 shares in the last quarter. Atlanta Consulting Group Advisors LLC lifted its position in shares of NextEra Energy by 6.8% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 6,976 shares of the utilities provider's stock valued at $590,000 after acquiring an additional 443 shares during the period. Finally, River Street Advisors LLC grew its holdings in shares of NextEra Energy by 4.3% during the 3rd quarter. River Street Advisors LLC now owns 13,797 shares of the utilities provider's stock worth $1,166,000 after purchasing an additional 563 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on NEE. Guggenheim upped their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Scotiabank increased their price target on shares of NextEra Energy from $73.00 to $92.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, August 20th. Jefferies Financial Group began coverage on shares of NextEra Energy in a research report on Thursday, September 19th. They set a "hold" rating and a $87.00 price objective for the company. Royal Bank of Canada cut NextEra Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley lifted their price target on NextEra Energy from $87.00 to $90.00 and gave the company an "overweight" rating in a research note on Wednesday, September 25th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $86.54.

NextEra Energy Trading Up 1.4 %

NYSE NEE traded up $1.07 during trading hours on Friday, reaching $76.35. The company's stock had a trading volume of 12,930,527 shares, compared to its average volume of 12,391,344. The firm has a fifty day simple moving average of $81.53 and a 200-day simple moving average of $77.55. 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, Inc. has a 52 week low of $53.95 and a 52 week high of $86.10. The stock has a market cap of $157.01 billion, a P/E ratio of 22.59, a P/E/G ratio of 2.76 and a beta of 0.57.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share (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 firm had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the firm earned $0.94 earnings per share. The company's revenue for the quarter was up 5.5% on a year-over-year basis. Equities analysts forecast that NextEra Energy, Inc. will post 3.41 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

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 paid a $0.515 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.06 annualized dividend and a dividend yield of 2.70%. NextEra Energy's payout ratio is 60.95%.

Insider Transactions at NextEra Energy

In related 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 value of $302,808.99. Following the transaction, the executive vice president now owns 15,792 shares in the company, valued at $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.18% of the stock is owned by corporate insiders.

About NextEra Energy

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.