National Planning Corp boosted its stake in NextEra Energy Inc. (NYSE:NEE) by 10.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,797 shares of the company’s stock after buying an additional 549 shares during the period. National Planning Corp’s holdings in NextEra Energy were worth $740,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. raised its position in shares of NextEra Energy by 1.7% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 56,491 shares of the company’s stock valued at $5,869,000 after buying an additional 950 shares in the last quarter. Capstone Asset Management Co. raised its position in shares of NextEra Energy by 19.0% in the first quarter. Capstone Asset Management Co. now owns 58,539 shares of the company’s stock valued at $6,928,000 after buying an additional 9,359 shares in the last quarter. Prospera Financial Services Inc raised its position in shares of NextEra Energy by 26.8% in the first quarter. Prospera Financial Services Inc now owns 3,028 shares of the company’s stock valued at $358,000 after buying an additional 640 shares in the last quarter. Webster Bank N. A. raised its position in shares of NextEra Energy by 2.5% in the first quarter. Webster Bank N. A. now owns 7,287 shares of the company’s stock valued at $863,000 after buying an additional 178 shares in the last quarter. Finally, Searle & CO. raised its position in shares of NextEra Energy by 19.2% in the first quarter. Searle & CO. now owns 4,650 shares of the company’s stock valued at $552,000 after buying an additional 750 shares in the last quarter. Institutional investors own 74.84% of the company’s stock.

NextEra Energy Inc. (NYSE:NEE) traded up 0.63% during trading on Tuesday, hitting $125.53. 263,503 shares of the stock traded hands. The firm has a 50-day moving average price of $124.56 and a 200 day moving average price of $122.02. NextEra Energy Inc. has a 52-week low of $95.84 and a 52-week high of $131.98. The company has a market cap of $57.99 billion, a P/E ratio of 22.46 and a beta of 0.33.

NextEra Energy (NYSE:NEE) last announced its earnings results on Wednesday, July 27th. The company reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.10. NextEra Energy had a net margin of 15.36% and a return on equity of 11.82%. The firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $4.33 billion. During the same quarter in the previous year, the business posted $1.56 EPS. The company’s quarterly revenue was down 12.4% on a year-over-year basis. On average, equities analysts expect that NextEra Energy Inc. will post $6.20 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Tuesday, August 30th were issued a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Friday, August 26th. NextEra Energy’s dividend payout ratio (DPR) is presently 62.59%.

NEE has been the topic of several research analyst reports. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. KeyCorp reissued an “outperform” rating and set a $134.00 target price (up from $126.00) on shares of NextEra Energy in a research note on Tuesday, July 5th. Bank of America Corp. reaffirmed a “buy” rating and issued a $144.00 price objective on shares of NextEra Energy in a research note on Tuesday, May 24th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of NextEra Energy in a research note on Monday, May 23rd. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of NextEra Energy in a research note on Monday, August 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of C$129.07.

In related news, VP Chris N. Froggatt sold 16,467 shares of the company’s stock in a transaction dated Friday, July 29th. The shares were sold at an average price of C$127.61, for a total value of C$2,101,353.87. Following the transaction, the vice president now owns 22,916 shares in the company, valued at approximately C$2,924,310.76. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Treasurer Paul I. Cutler sold 4,796 shares of the company’s stock in a transaction dated Thursday, June 30th. The stock was sold at an average price of C$130.00, for a total transaction of C$623,480.00. Following the completion of the transaction, the treasurer now owns 69,977 shares in the company, valued at approximately C$9,097,010. The disclosure for this sale can be found here. Insiders own 0.66% of the company’s stock.

NextEra Energy Company Profile

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power company in North America with electric generating facilities located in over 30 states in the United States and approximately five provinces in Canada. NEE’s operating segments are FPL, an electric utility, and NEER, an energy business.

5 Day Chart for NYSE:NEE

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