Commerzbank Aktiengesellschaft FI Has $2.81 Million Holdings in NextEra Energy, Inc. (NYSE:NEE)

Commerzbank Aktiengesellschaft FI increased its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 275.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,214 shares of the utilities provider's stock after buying an additional 24,364 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in NextEra Energy were worth $2,808,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NEE. Semmax Financial Advisors Inc. lifted its holdings in shares of NextEra Energy by 197.4% during the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 225 shares during the last quarter. Proffitt & Goodson Inc. raised its position in NextEra Energy by 64.0% during the second quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider's stock valued at $26,000 after buying an additional 144 shares during the period. Valley Wealth Managers Inc. acquired a new position in NextEra Energy during the second quarter valued at $33,000. Maryland Capital Advisors Inc. acquired a new position in NextEra Energy during the third quarter valued at $39,000. Finally, ORG Wealth Partners LLC acquired a new position in NextEra Energy during the third quarter valued at $45,000. Institutional investors and hedge funds own 78.72% of the company's stock.

Insider Activity at NextEra Energy

In related news, EVP Nicole J. Daggs sold 658 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.26. Following the completion of the sale, the executive vice president now owns 100 shares in the company, valued at $7,697. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NEE shares. Dbs Bank lowered NextEra Energy from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 27th. Barclays upped their price target on NextEra Energy from $76.00 to $80.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 1st. Scotiabank upped their price target on NextEra Energy from $73.00 to $92.00 and gave the company a "sector outperform" rating in a research report on Tuesday, August 20th. Wells Fargo & Company upped their price target on NextEra Energy from $95.00 to $102.00 and gave the company an "overweight" rating in a research report on Tuesday, September 3rd. Finally, Jefferies Financial Group began coverage on NextEra Energy in a research report on Thursday, September 19th. They issued a "hold" rating and a $87.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $85.46.

NextEra Energy Stock Up 1.5 %

Shares of NEE traded up $1.26 during trading hours on Wednesday, hitting $84.96. 10,824,447 shares of the company were exchanged, compared to its average volume of 10,758,771. The company has a market cap of $174.55 billion, a PE ratio of 23.15, a PEG ratio of 2.92 and a beta of 0.56. The firm's 50 day moving average is $82.19 and its 200-day moving average is $75.96. NextEra Energy, Inc. has a 52 week low of $53.11 and a 52 week high of $86.10. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.41 and a current ratio of 0.49.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.03. The company had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $7.29 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. During the same quarter in the prior year, the company posted $0.88 EPS. On average, equities research analysts forecast that NextEra Energy, Inc. will post 3.4 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.515 per share. The ex-dividend date is Friday, November 22nd. This represents a $2.06 annualized dividend and a dividend yield of 2.42%. NextEra Energy's dividend payout ratio (DPR) is presently 56.13%.

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.