NextEra Energy, Inc. (NYSE:NEE) Holdings Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. grew its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 4,058.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,366,795 shares of the utilities provider's stock after purchasing an additional 2,309,876 shares during the period. Assenagon Asset Management S.A. owned 0.12% of NextEra Energy worth $200,065,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Semmax Financial Advisors Inc. boosted its stake in shares of NextEra Energy by 197.4% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock worth $26,000 after purchasing an additional 225 shares during the last quarter. Proffitt & Goodson Inc. lifted its holdings in shares of NextEra Energy by 64.0% during the 2nd quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider's stock worth $26,000 after acquiring an additional 144 shares during the period. Valley Wealth Managers Inc. purchased a new position in shares of NextEra Energy during the 2nd quarter worth about $33,000. Maryland Capital Advisors Inc. purchased a new position in shares of NextEra Energy during the 3rd quarter worth about $39,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of NextEra Energy during the 3rd quarter worth about $45,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Stock Down 2.5 %

Shares of NEE traded down $2.14 during mid-day trading on Thursday, reaching $82.82. 9,705,078 shares of the stock traded hands, compared to its average volume of 10,753,650. The firm has a market cap of $170.16 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 2.92 and a beta of 0.56. The stock has a fifty day simple moving average of $82.19 and a 200 day simple moving average of $75.96. NextEra Energy, Inc. has a 12-month low of $53.81 and a 12-month high of $86.10. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 1.15.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.05. The company had revenue of $7.57 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 24.45% and a return on equity of 11.75%. The business's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 earnings per share. Sell-side analysts expect 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 given a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Friday, November 22nd. NextEra Energy's payout ratio is currently 56.13%.

Analyst Ratings Changes

Several brokerages have recently weighed in on NEE. Scotiabank increased their price objective on shares of NextEra Energy from $73.00 to $92.00 and gave the stock a "sector outperform" rating in a report on Tuesday, August 20th. BMO Capital Markets increased their price objective on shares of NextEra Energy from $83.00 to $91.00 and gave the stock an "outperform" rating in a report on Friday, October 18th. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $91.00 to $94.00 and gave the stock an "overweight" rating in a report on Friday, August 2nd. Royal Bank of Canada lowered shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday. Finally, Jefferies Financial Group initiated coverage on shares of NextEra Energy in a report on Thursday, September 19th. They issued a "hold" rating and a $87.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, NextEra Energy presently has a consensus rating of "Hold" and a consensus target price of $86.38.

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 658 shares of NextEra Energy stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $76.97, for a total value of $50,646.26. Following the completion of the transaction, the executive vice president now owns 100 shares of the company's stock, valued at $7,697. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.18% of the company's stock.

NextEra Energy 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.