NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Haverford Financial Services Inc.

Haverford Financial Services Inc. raised its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 10.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 107,624 shares of the utilities provider's stock after purchasing an additional 10,031 shares during the period. NextEra Energy comprises approximately 2.4% of Haverford Financial Services Inc.'s portfolio, making the stock its 20th biggest holding. Haverford Financial Services Inc.'s holdings in NextEra Energy were worth $7,716,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in NEE. Geode Capital Management LLC grew its stake 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 valued at $3,571,650,000 after acquiring an additional 820,704 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of NextEra Energy by 4.2% in the fourth quarter. Bank of New York Mellon Corp now owns 14,523,786 shares of the utilities provider's stock valued at $1,041,210,000 after purchasing an additional 588,038 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of NextEra Energy by 2.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,630,784 shares of the utilities provider's stock worth $977,191,000 after purchasing an additional 345,999 shares in the last quarter. Amundi raised its position in shares of NextEra Energy by 49.8% during the 4th quarter. Amundi now owns 9,543,552 shares of the utilities provider's stock worth $676,008,000 after purchasing an additional 3,172,405 shares during the last quarter. Finally, Nordea Investment Management AB raised its position in shares of NextEra Energy by 20.9% during the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider's stock worth $634,703,000 after purchasing an additional 1,525,436 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company's stock.

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NextEra Energy Trading Up 0.5 %

NEE stock traded up $0.35 during trading on Thursday, reaching $70.08. 8,748,066 shares of the stock traded hands, compared to its average volume of 10,108,621. The firm has a market capitalization of $144.15 billion, a PE ratio of 20.79, a P/E/G ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The business's 50 day moving average price is $70.68 and its 200-day moving average price is $75.27. NextEra Energy, Inc. has a 52-week low of $61.31 and a 52-week high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (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%. As a group, sell-side analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.23%. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. NextEra Energy's dividend payout ratio (DPR) is currently 67.06%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Morgan Stanley raised their price target on NextEra Energy from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Thursday, March 20th. Guggenheim reissued a "buy" rating and issued a $89.00 target price on shares of NextEra Energy in a research note on Thursday, March 20th. BMO Capital Markets lifted their price target on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Scotiabank boosted their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 11th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $85.92.

Insider Transactions at NextEra Energy

In related news, CAO James Michael May sold 2,383 shares of the firm'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 completion of the sale, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.18% of the company's stock.

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.