Stamos Capital Partners L.P. Buys 52,800 Shares of NextEra Energy, Inc. (NYSE:NEE)

Stamos Capital Partners L.P. raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 89.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,020 shares of the utilities provider's stock after acquiring an additional 52,800 shares during the quarter. NextEra Energy makes up 1.9% of Stamos Capital Partners L.P.'s investment portfolio, making the stock its 9th largest holding. Stamos Capital Partners L.P.'s holdings in NextEra Energy were worth $8,031,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NEE. Howard Capital Management Group LLC increased its stake in shares of NextEra Energy by 1.8% in the third quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider's stock worth $25,293,000 after acquiring an additional 5,409 shares during the last quarter. SOA Wealth Advisors LLC. grew its stake in NextEra Energy by 3.1% in the third quarter. SOA Wealth Advisors LLC. now owns 21,790 shares of the utilities provider's stock valued at $1,842,000 after purchasing an additional 656 shares in the last quarter. Wealthquest Corp increased its position in NextEra Energy by 4.8% in the 3rd quarter. Wealthquest Corp now owns 9,829 shares of the utilities provider's stock worth $838,000 after purchasing an additional 446 shares during the last quarter. Tudor Financial Inc. purchased a new stake in shares of NextEra Energy during the 3rd quarter worth about $742,000. Finally, Anchor Investment Management LLC lifted its holdings in shares of NextEra Energy by 4.5% during the 3rd quarter. Anchor Investment Management LLC now owns 52,178 shares of the utilities provider's stock valued at $4,411,000 after buying an additional 2,252 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

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Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Jefferies Financial Group cut their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. JPMorgan Chase & Co. raised their price target 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. Evercore ISI decreased their price objective on shares of NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a report on Monday, January 27th. BMO Capital Markets cut their target price on NextEra Energy from $84.00 to $77.00 and set an "outperform" rating on the stock in a report on Monday. Finally, Morgan Stanley upped their price target on NextEra Energy from $95.00 to $97.00 and gave the stock an "overweight" rating in a research note on Thursday, March 20th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $85.38.

Insider Buying and Selling

In other news, CAO James Michael May sold 2,383 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value 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. This represents a 7.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.18% of the stock is owned by company insiders.

NextEra Energy Stock Performance

NYSE:NEE traded down $0.10 during trading hours on Tuesday, hitting $67.59. 7,851,074 shares of the company traded hands, compared to its average volume of 10,820,029. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of $139.14 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 2.45 and a beta of 0.58. The firm has a 50-day moving average of $69.83 and a 200 day moving average of $73.62. NextEra Energy, Inc. has a twelve month low of $61.31 and a twelve month high of $86.10.

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 for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were given a dividend of $0.5665 per share. The ex-dividend date of this dividend was Friday, February 28th. This is a boost from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.35%. NextEra Energy's payout ratio is currently 67.06%.

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.