NextEra Energy, Inc. (NYSE:NEE) Stock Position Boosted by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,480,505 shares of the utilities provider's stock after acquiring an additional 20,722 shares during the quarter. NextEra Energy accounts for approximately 1.6% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS's portfolio, making the stock its 7th largest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.17% of NextEra Energy worth $249,517,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in NEE. Geode Capital Management LLC boosted its holdings in NextEra Energy by 2.0% during the third quarter. Geode Capital Management LLC now owns 42,418,748 shares of the utilities provider's stock worth $3,571,650,000 after buying an additional 820,704 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of NextEra Energy by 4.2% during the 4th 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 acquiring an additional 588,038 shares during the period. Charles Schwab Investment Management Inc. boosted 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 acquiring an additional 345,999 shares in the last quarter. Amundi grew its holdings in shares of NextEra Energy by 49.8% in the 4th quarter. Amundi now owns 9,543,552 shares of the utilities provider's stock worth $676,008,000 after acquiring an additional 3,172,405 shares during the period. Finally, Nordea Investment Management AB raised its holdings in NextEra Energy by 20.9% during the fourth 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. 78.72% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several research firms have recently issued reports on NEE. Scotiabank lifted their price target on NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. raised their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a report on Tuesday, March 11th. Morgan Stanley upped their price target on shares of NextEra Energy from $95.00 to $97.00 and gave the company an "overweight" rating in a report on Thursday. Jefferies Financial Group dropped their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Finally, BMO Capital Markets lifted their price objective on NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $85.92.

Insider Activity at NextEra Energy

In other news, CAO James Michael May sold 2,383 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total value of $162,258.47. Following the transaction, the chief accounting officer now directly owns 27,427 shares in the company, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.18% of the stock is owned by insiders.

NextEra Energy Trading Down 1.2 %

NYSE:NEE traded down $0.86 during mid-day trading on Monday, reaching $70.02. The company's stock had a trading volume of 12,383,998 shares, compared to its average volume of 10,164,201. NextEra Energy, Inc. has a twelve month low of $61.30 and a twelve month high of $86.10. The company's fifty day simple moving average is $70.68 and its two-hundred day simple moving average is $75.42. 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 stock has a market cap of $144.03 billion, a P/E ratio of 20.78, a P/E/G ratio of 2.45 and a beta of 0.58.

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

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were given a $0.5665 dividend. 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 3.24%. The ex-dividend date was Friday, February 28th. NextEra Energy's dividend payout ratio (DPR) 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.