31,503 Shares in NextEra Energy, Inc. (NYSE:NEE) Bought by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 31,503 shares of the utilities provider's stock, valued at approximately $2,258,000.

Several other large investors have also recently made changes to their positions in the business. Seven Mile Advisory grew its position in shares of NextEra Energy by 4.1% during the 4th quarter. Seven Mile Advisory now owns 6,393 shares of the utilities provider's stock valued at $458,000 after acquiring an additional 250 shares during the period. Boston Research & Management Inc. lifted its stake in NextEra Energy by 1.1% in the fourth quarter. Boston Research & Management Inc. now owns 74,722 shares of the utilities provider's stock valued at $5,356,000 after purchasing an additional 823 shares during the last quarter. Summit Financial LLC grew its holdings in NextEra Energy by 9.3% during the fourth quarter. Summit Financial LLC now owns 83,530 shares of the utilities provider's stock valued at $5,988,000 after purchasing an additional 7,076 shares during the period. Meeder Asset Management Inc. increased its position in NextEra Energy by 38.2% in the fourth quarter. Meeder Asset Management Inc. now owns 6,113 shares of the utilities provider's stock worth $438,000 after buying an additional 1,690 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of NextEra Energy by 6.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 249,594 shares of the utilities provider's stock valued at $17,893,000 after buying an additional 15,181 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

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NextEra Energy Price Performance

NYSE NEE traded up $1.60 during trading on Thursday, reaching $72.08. The company's stock had a trading volume of 13,651,976 shares, compared to its average volume of 10,645,989. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The firm has a fifty day moving average of $70.77 and a 200 day moving average of $74.85. The stock has a market capitalization of $148.27 billion, a PE ratio of 21.39, a P/E/G ratio of 2.45 and a beta of 0.58. NextEra Energy, Inc. has a one year low of $61.31 and a one year 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 EPS for the quarter, meeting analysts' consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. Analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a dividend of $0.5665 per share. 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 yield of 3.14%. The ex-dividend date was Friday, February 28th. NextEra Energy's dividend payout ratio (DPR) is presently 67.06%.

Insiders Place Their Bets

In other news, CAO James Michael May sold 2,383 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the transaction, the chief accounting officer now directly owns 27,427 shares of the company's stock, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.18% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NEE shares. Guggenheim reiterated a "buy" rating and set a $89.00 price target on shares of NextEra Energy in a research note on Thursday, March 20th. Morgan Stanley increased their target price on shares of NextEra Energy from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Thursday, March 20th. Scotiabank raised their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a report on Thursday, December 12th. JPMorgan Chase & Co. lifted their price objective on shares of NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research note on Tuesday, March 11th. Finally, Evercore ISI dropped their target price on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a research report on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of "Hold" and a consensus price target of $85.92.

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.