NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Swedbank AB

Swedbank AB grew its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 26.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 835,301 shares of the utilities provider's stock after buying an additional 173,678 shares during the quarter. Swedbank AB's holdings in NextEra Energy were worth $59,883,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in NEE. International Assets Investment Management LLC increased its holdings in shares of NextEra Energy by 8,641.5% in the 3rd quarter. International Assets Investment Management LLC now owns 3,861,208 shares of the utilities provider's stock worth $326,388,000 after purchasing an additional 3,817,037 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in NextEra Energy by 4,058.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,366,795 shares of the utilities provider's stock worth $200,065,000 after buying an additional 2,309,876 shares in the last quarter. Nordea Investment Management AB raised its position in NextEra Energy by 20.9% in the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider's stock worth $634,703,000 after buying an additional 1,525,436 shares during the last quarter. National Bank of Canada FI lifted its stake in NextEra Energy by 167.7% during the 3rd quarter. National Bank of Canada FI now owns 2,186,225 shares of the utilities provider's stock valued at $184,795,000 after acquiring an additional 1,369,689 shares during the period. Finally, Raymond James & Associates lifted its stake in NextEra Energy by 14.3% during the 3rd quarter. Raymond James & Associates now owns 6,809,093 shares of the utilities provider's stock valued at $575,573,000 after acquiring an additional 851,873 shares during the period. Institutional investors own 78.72% of the company's stock.

NextEra Energy Price Performance

Shares of NYSE NEE traded up $0.39 during midday trading on Thursday, reaching $71.28. 2,845,497 shares of the stock traded hands, compared to its average volume of 11,834,069. The company's 50 day moving average is $72.72 and its 200 day moving average is $77.10. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. The stock has a market capitalization of $146.58 billion, a PE ratio of 21.08, a P/E/G ratio of 2.29 and a beta of 0.58.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting analysts' consensus estimates of $0.53. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. On average, equities research analysts anticipate that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

Insider Transactions at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the 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 transaction, the executive vice president now owns 15,792 shares of the company's stock, valued at $1,193,401.44. This represents a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

NEE has been the topic of a number of research analyst reports. Jefferies Financial Group lowered their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday. Royal Bank of Canada downgraded NextEra Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, October 22nd. Evercore ISI reduced their price objective on NextEra Energy from $84.00 to $79.00 and set an "in-line" rating for the company in a research report on Monday. Scotiabank increased their target price on NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a report on Thursday, December 12th. Finally, Guggenheim upped their price target on shares of NextEra Energy from $90.00 to $92.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, NextEra Energy currently has a consensus rating of "Hold" and a consensus price target of $85.85.

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.