NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by Verity & Verity LLC

Verity & Verity LLC raised its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,945 shares of the utilities provider's stock after purchasing an additional 11,319 shares during the period. Verity & Verity LLC's holdings in NextEra Energy were worth $14,047,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Reston Wealth Management LLC purchased a new stake in NextEra Energy during the 3rd quarter worth approximately $27,000. Semmax Financial Advisors Inc. lifted its stake in shares of NextEra Energy by 197.4% in the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider's stock worth $26,000 after buying an additional 225 shares in the last quarter. Burkett Financial Services LLC lifted its stake in NextEra Energy by 1,229.6% in the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider's stock worth $26,000 after purchasing an additional 332 shares in the last quarter. Quarry LP acquired a new position in NextEra Energy during the third quarter worth $33,000. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of NextEra Energy during the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Scotiabank increased their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a "sector outperform" rating in a research report on Thursday, December 12th. Royal Bank of Canada cut shares of NextEra Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, October 22nd. Dbs Bank lowered shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a report on Friday, September 27th. Barclays lifted their target price on NextEra Energy from $80.00 to $82.00 and gave the company an "equal weight" rating in a report on Friday, October 25th. Finally, Guggenheim lifted their price target on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $87.15.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the firm's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the sale, the executive vice president now owns 15,792 shares in the company, valued at approximately $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 accessible through this hyperlink. Company insiders own 0.18% of the company's stock.

NextEra Energy Stock Performance

NYSE NEE traded down $0.54 during trading hours on Friday, hitting $70.83. The company had a trading volume of 12,662,751 shares, compared to its average volume of 7,419,646. The business has a 50 day moving average of $73.50 and a 200-day moving average of $77.21. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.33 and a current ratio of 0.41. NextEra Energy, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10. The company has a market cap of $145.66 billion, a PE ratio of 20.96, a price-to-earnings-growth ratio of 2.26 and a beta of 0.58.

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

About NextEra Energy

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.