S.E.E.D. Planning Group LLC Has $11.12 Million Stake in NextEra Energy, Inc. (NYSE:NEE)

S.E.E.D. Planning Group LLC boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 10.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 155,058 shares of the utilities provider's stock after purchasing an additional 15,138 shares during the quarter. NextEra Energy comprises 3.7% of S.E.E.D. Planning Group LLC's holdings, making the stock its 8th biggest position. S.E.E.D. Planning Group LLC's holdings in NextEra Energy were worth $11,116,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. lifted its holdings in NextEra Energy by 197.4% in the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock valued at $26,000 after buying an additional 225 shares during the period. Burkett Financial Services LLC raised its position in shares of NextEra Energy by 1,229.6% during the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 332 shares during the last quarter. Reston Wealth Management LLC acquired a new position in shares of NextEra Energy in the 3rd quarter valued at $27,000. Quarry LP bought a new position in shares of NextEra Energy in the 3rd quarter worth $33,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in shares of NextEra Energy during the third quarter worth $39,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Nicole J. Daggs sold 4,007 shares of the company's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following the sale, the executive vice president now owns 15,792 shares in the company, valued at approximately $1,193,401.44. This represents a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.18% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

NEE has been the topic of a number of recent analyst reports. Barclays raised their target price on NextEra Energy from $80.00 to $82.00 and gave the stock an "equal weight" rating in a report on Friday, October 25th. Dbs Bank lowered shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 27th. Scotiabank upped their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a research note on Thursday, December 12th. Royal Bank of Canada cut shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, October 22nd. 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 for the company. 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.com, NextEra Energy has a consensus rating of "Hold" and a consensus target price of $87.15.

NextEra Energy Stock Up 1.9 %

Shares of NYSE:NEE traded up $1.27 during mid-day trading on Wednesday, reaching $69.25. 12,414,799 shares of the stock were exchanged, compared to its average volume of 10,087,837. The company has a market cap of $142.41 billion, a P/E ratio of 20.49, a P/E/G ratio of 2.66 and a beta of 0.58. The stock's 50 day simple moving average is $73.79 and its 200-day simple moving average is $77.26. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.05. The company had revenue of $7.57 billion during the quarter, compared to analysts' expectations of $8.11 billion. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. The business's quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business earned $0.94 EPS. As a group, equities research analysts predict that NextEra Energy, Inc. will post 3.41 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 22nd were paid a dividend of $0.515 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.97%. NextEra Energy's dividend payout ratio is 60.95%.

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.