NextEra Energy, Inc. (NYSE:NEE) is Constitution Capital LLC's 8th Largest Position

Constitution Capital LLC lowered its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 16.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 76,955 shares of the utilities provider's stock after selling 15,545 shares during the period. NextEra Energy makes up approximately 3.1% of Constitution Capital LLC's holdings, making the stock its 8th biggest position. Constitution Capital LLC's holdings in NextEra Energy were worth $5,517,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Tandem Capital Management Corp ADV lifted its holdings in shares of NextEra Energy by 1.3% in the 3rd quarter. Tandem Capital Management Corp ADV now owns 9,935 shares of the utilities provider's stock worth $840,000 after acquiring an additional 125 shares during the last quarter. Insight Folios Inc raised its position in NextEra Energy by 1.5% in the 3rd quarter. Insight Folios Inc now owns 8,439 shares of the utilities provider's stock worth $713,000 after purchasing an additional 126 shares during the period. Taylor & Morgan Wealth Management LLC boosted its position in shares of NextEra Energy by 1.7% during the third quarter. Taylor & Morgan Wealth Management LLC now owns 7,744 shares of the utilities provider's stock valued at $655,000 after buying an additional 126 shares during the period. Osborne Partners Capital Management LLC grew its stake in shares of NextEra Energy by 1.2% during the third quarter. Osborne Partners Capital Management LLC now owns 10,724 shares of the utilities provider's stock valued at $906,000 after buying an additional 128 shares during the last quarter. Finally, Boston Trust Walden Corp raised its holdings in shares of NextEra Energy by 0.4% in the third quarter. Boston Trust Walden Corp now owns 30,720 shares of the utilities provider's stock worth $2,597,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Down 0.8 %

NYSE:NEE traded down $0.54 during trading hours on Friday, reaching $70.83. The company's stock had a trading volume of 12,662,751 shares, compared to its average volume of 10,433,223. The stock has a 50 day moving average price of $73.62 and a two-hundred day moving average price of $77.16. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.33 and a current ratio of 0.41. The company has a market capitalization of $145.66 billion, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 2.26 and a beta of 0.58. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10.

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

Insider Buying and Selling at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the business's stock in a transaction that occurred 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 completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on NEE shares. Morgan Stanley dropped their price objective on NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a report on Friday, November 22nd. Barclays upped their price target on shares of NextEra Energy from $80.00 to $82.00 and gave the stock an "equal weight" rating in a report on Friday, October 25th. Jefferies Financial Group started coverage on shares of NextEra Energy in a report on Thursday, September 19th. They set a "hold" rating and a $87.00 price objective for the company. Dbs Bank cut shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 27th. Finally, Guggenheim raised their target price 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. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $87.15.

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.