NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Allworth Financial LP

Allworth Financial LP lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 26.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 366,328 shares of the utilities provider's stock after acquiring an additional 77,642 shares during the quarter. Allworth Financial LP's holdings in NextEra Energy were worth $25,090,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Principal Securities Inc. lifted its holdings in NextEra Energy by 12.0% during the fourth quarter. Principal Securities Inc. now owns 58,152 shares of the utilities provider's stock valued at $4,169,000 after purchasing an additional 6,231 shares in the last quarter. Beacon Capital Management LLC lifted its stake in NextEra Energy by 15.1% in the 4th quarter. Beacon Capital Management LLC now owns 2,167 shares of the utilities provider's stock valued at $155,000 after buying an additional 284 shares in the last quarter. TigerOak Management L.L.C. acquired a new stake in NextEra Energy in the 4th quarter worth about $851,000. Montag A & Associates Inc. boosted its holdings in NextEra Energy by 5.4% in the 4th quarter. Montag A & Associates Inc. now owns 69,204 shares of the utilities provider's stock worth $4,961,000 after buying an additional 3,550 shares during the last quarter. Finally, Congress Asset Management Co. raised its holdings in shares of NextEra Energy by 9.4% during the fourth quarter. Congress Asset Management Co. now owns 202,954 shares of the utilities provider's stock valued at $14,550,000 after acquiring an additional 17,448 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Trading Up 0.8 %

NYSE NEE traded up $0.54 during trading hours on Wednesday, reaching $69.04. The company had a trading volume of 8,842,966 shares, compared to its average volume of 11,358,661. The stock has a 50-day moving average of $70.72 and a 200 day moving average of $76.69. The stock has a market capitalization of $141.98 billion, a P/E ratio of 20.49, a price-to-earnings-growth ratio of 2.38 and a beta of 0.58. NextEra Energy, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10. 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 (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 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, research analysts anticipate 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. Investors of record on Friday, February 28th will be issued a $0.5665 dividend. The ex-dividend date is Friday, February 28th. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a yield of 3.28%. NextEra Energy's dividend payout ratio (DPR) is 61.13%.

Analyst Ratings Changes

Several brokerages recently commented on NEE. 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 report on Thursday, January 23rd. Barclays increased their target price on shares of NextEra Energy from $80.00 to $82.00 and gave the company an "equal weight" rating in a research report on Friday, October 25th. Royal Bank of Canada lowered shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, October 22nd. Scotiabank increased their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a report on Thursday, December 12th. Finally, Evercore ISI lowered their target price on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a report on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, NextEra Energy presently has a consensus rating of "Hold" and a consensus price target of $85.85.

NextEra Energy Company 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.