NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Boosted by Callan Family Office LLC

Callan Family Office LLC raised its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 1,036.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,199 shares of the utilities provider's stock after acquiring an additional 30,278 shares during the period. Callan Family Office LLC's holdings in NextEra Energy were worth $2,380,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC boosted its position in shares of NextEra Energy by 1.8% in the third quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider's stock worth $25,293,000 after buying an additional 5,409 shares during the period. Graypoint LLC boosted its position in shares of NextEra Energy by 7.3% in the third quarter. Graypoint LLC now owns 18,693 shares of the utilities provider's stock worth $1,580,000 after buying an additional 1,268 shares during the period. Trinity Legacy Partners LLC purchased a new stake in shares of NextEra Energy in the third quarter worth about $228,000. Sittner & Nelson LLC boosted its position in shares of NextEra Energy by 4.2% in the third quarter. Sittner & Nelson LLC now owns 3,936 shares of the utilities provider's stock worth $333,000 after buying an additional 160 shares during the period. Finally, Verity Asset Management Inc. purchased a new stake in shares of NextEra Energy in the third quarter worth about $294,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

Insider Activity

In related news, CAO James Michael May sold 2,383 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total value of $162,258.47. Following the completion of the transaction, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at $1,867,504.43. This represents a 7.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.18% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Evercore ISI decreased their target price 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. Scotiabank upped their target price on NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a research report on Thursday, December 12th. BMO Capital Markets boosted their price target on NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Morgan Stanley boosted their price target on NextEra Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. cut their price target on NextEra Energy from $99.00 to $90.00 in a research note on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $85.85.

NextEra Energy Stock Performance

Shares of NYSE:NEE traded up $2.85 during trading on Friday, hitting $72.86. 13,468,211 shares of the company traded hands, compared to its average volume of 11,374,279. The stock has a market capitalization of $149.88 billion, a price-to-earnings ratio of 21.62, a PEG ratio of 2.45 and a beta of 0.58. The business's fifty day moving average is $70.30 and its 200-day moving average is $76.05. NextEra Energy, Inc. has a one year low of $56.31 and a one year high of $86.10. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, equities analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.5665 per share. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 annualized dividend and a dividend yield of 3.11%. NextEra Energy's dividend payout ratio is 67.06%.

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.