NextEra Energy, Inc. (NYSE:NEE) Holdings Increased by Steigerwald Gordon & Koch Inc.

Steigerwald Gordon & Koch Inc. lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 244,959 shares of the utilities provider's stock after buying an additional 8,441 shares during the quarter. NextEra Energy makes up about 2.0% of Steigerwald Gordon & Koch Inc.'s holdings, making the stock its 23rd largest position. Steigerwald Gordon & Koch Inc.'s holdings in NextEra Energy were worth $17,561,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in NEE. Semmax Financial Advisors Inc. grew 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 valued at $26,000 after buying an additional 225 shares during the period. Burkett Financial Services LLC boosted its holdings in NextEra Energy by 1,229.6% in the fourth 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 purchased a new stake in NextEra Energy during the third quarter valued at about $27,000. Quarry LP acquired a new stake in NextEra Energy during the third quarter worth about $33,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of NextEra Energy in the 3rd quarter worth about $39,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NEE shares. BMO Capital Markets increased their target price on shares of NextEra Energy from $83.00 to $91.00 and gave the stock an "outperform" rating in a research report on Friday, October 18th. Royal Bank of Canada lowered shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, October 22nd. Scotiabank lifted their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a report on Thursday, December 12th. Morgan Stanley lowered their price target on NextEra Energy from $95.00 to $94.00 and set an "overweight" rating for the company in a report on Friday, November 22nd. Finally, Barclays boosted their price objective on NextEra Energy from $80.00 to $82.00 and gave the stock an "equal weight" rating in a research note on Friday, October 25th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $87.15.

NextEra Energy Stock Performance

NEE traded down $0.54 during trading hours on Monday, hitting $70.83. 12,662,751 shares of the stock were exchanged, compared to its average volume of 7,419,646. The stock has a market cap of $145.66 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 2.26 and a beta of 0.58. The stock has a 50-day simple moving average of $73.50 and a 200-day simple moving average of $77.25. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings data 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. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. The firm had revenue of $7.57 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the prior year, the business earned $0.94 earnings per share. NextEra Energy's quarterly revenue was up 5.5% on a year-over-year basis. Analysts anticipate that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

Insider Buying and Selling at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the firm's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the sale, the executive vice president now directly owns 15,792 shares in the company, valued at $1,193,401.44. This trade represents a 20.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is currently owned by company insiders.

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.