Dimensional Fund Advisors LP Has $313.18 Million Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Dimensional Fund Advisors LP trimmed its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 0.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,368,435 shares of the utilities provider's stock after selling 6,405 shares during the quarter. Dimensional Fund Advisors LP owned 0.21% of NextEra Energy worth $313,181,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of NEE. Dnca Finance lifted its stake in shares of NextEra Energy by 21.9% in the 4th quarter. Dnca Finance now owns 158,500 shares of the utilities provider's stock valued at $11,363,000 after acquiring an additional 28,500 shares during the last quarter. First Trust Advisors LP boosted its stake in NextEra Energy by 355.6% during the fourth quarter. First Trust Advisors LP now owns 1,049,949 shares of the utilities provider's stock worth $75,271,000 after acquiring an additional 819,518 shares in the last quarter. Forum Financial Management LP raised its stake in NextEra Energy by 46.6% during the 4th quarter. Forum Financial Management LP now owns 9,956 shares of the utilities provider's stock worth $714,000 after buying an additional 3,164 shares during the period. Freedom Investment Management Inc. lifted its holdings in shares of NextEra Energy by 26.4% in the 4th quarter. Freedom Investment Management Inc. now owns 14,716 shares of the utilities provider's stock worth $1,055,000 after purchasing an additional 3,071 shares in the last quarter. Finally, Frederick Financial Consultants LLC bought a new stake in shares of NextEra Energy during the fourth quarter worth about $275,000. 78.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. Evercore ISI dropped their price target 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. JPMorgan Chase & Co. raised their price objective on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a report on Tuesday, March 11th. Barclays reduced their target price on NextEra Energy from $77.00 to $73.00 and set an "equal weight" rating for the company in a report on Tuesday. Erste Group Bank upgraded NextEra Energy to a "strong-buy" rating in a research report on Wednesday, April 16th. Finally, Wells Fargo & Company lowered their target price on shares of NextEra Energy from $102.00 to $97.00 and set an "overweight" rating on the stock in a research note on Thursday. Eight investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $84.08.

Insider Activity at NextEra Energy

In other NextEra Energy 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 transaction, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is currently owned by insiders.

NextEra Energy Stock Performance

Shares of NextEra Energy stock traded down $0.25 during trading on Friday, reaching $66.10. The company's stock had a trading volume of 9,633,275 shares, compared to its average volume of 10,817,136. NextEra Energy, Inc. has a fifty-two week low of $61.72 and a fifty-two week 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. The firm has a market cap of $136.07 billion, a PE ratio of 19.61, a P/E/G ratio of 2.45 and a beta of 0.58. The company has a 50-day moving average price of $69.45 and a two-hundred day moving average price of $72.83.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, meeting the consensus estimate of $0.99. The firm had revenue of $6.25 billion during the quarter, compared to analysts' expectations of $6.58 billion. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date was Friday, February 28th. This is an increase from NextEra Energy's previous quarterly dividend of $0.52. NextEra Energy's payout ratio is 67.06%.

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.