NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by Nicholson Wealth Management Group LLC

Nicholson Wealth Management Group LLC grew its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 97.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,279 shares of the utilities provider's stock after buying an additional 10,493 shares during the quarter. Nicholson Wealth Management Group LLC's holdings in NextEra Energy were worth $1,525,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in NextEra Energy by 14.7% during the fourth quarter. Empowered Funds LLC now owns 45,566 shares of the utilities provider's stock worth $3,267,000 after buying an additional 5,831 shares during the period. Nordea Investment Management AB lifted its holdings 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 valued at $634,703,000 after purchasing an additional 1,525,436 shares during the last quarter. Empower Advisory Group LLC lifted its holdings in shares of NextEra Energy by 2.3% during the 4th quarter. Empower Advisory Group LLC now owns 1,823,327 shares of the utilities provider's stock valued at $130,714,000 after purchasing an additional 41,328 shares during the last quarter. Swiss National Bank raised its stake in NextEra Energy by 0.4% in the 3rd quarter. Swiss National Bank now owns 6,098,200 shares of the utilities provider's stock worth $515,481,000 after acquiring an additional 21,400 shares during the last quarter. Finally, Czech National Bank raised its stake in NextEra Energy by 6.5% in the 4th quarter. Czech National Bank now owns 445,870 shares of the utilities provider's stock worth $31,964,000 after acquiring an additional 27,340 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

NextEra Energy Trading Up 2.3 %

NextEra Energy stock traded up $1.60 during trading on Friday, hitting $71.74. The company had a trading volume of 16,739,967 shares, compared to its average volume of 11,463,395. The company's 50 day simple moving average is $70.56 and its 200-day simple moving average is $76.59. The stock has a market cap of $147.56 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 2.41 and a beta of 0.58. 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, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be paid a dividend of $0.5665 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.16%. This is an increase from NextEra Energy's previous quarterly dividend of $0.52. NextEra Energy's payout ratio is presently 61.13%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NEE shares. BMO Capital Markets raised their target price on NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Guggenheim raised their target price on NextEra Energy from $90.00 to $92.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lowered their price objective on NextEra Energy from $99.00 to $90.00 in a report on Monday, January 27th. Scotiabank lifted their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a report on Thursday, December 12th. Finally, Morgan Stanley raised their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $85.85.

Insider Buying and Selling

In related news, CAO James Michael May sold 2,383 shares of the business'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 owns 27,427 shares in the company, valued at approximately $1,867,504.43. The trade was a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.