61,478 NextEra Energy, Inc. $NEE Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,168,734 shares of the utilities provider’s stock after purchasing an additional 61,478 shares during the quarter. ProShare Advisors LLC’s holdings in NextEra Energy were worth $164,260,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. PUREfi Wealth LLC grew its position in NextEra Energy by 0.9% in the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after acquiring an additional 107 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after buying an additional 111 shares during the last quarter. Legacy Wealth Managment LLC ID increased its holdings in NextEra Energy by 23.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after purchasing an additional 112 shares during the last quarter. Fingerlakes Wealth Management Inc. grew its position in shares of NextEra Energy by 0.7% in the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider’s stock valued at $1,463,000 after purchasing an additional 116 shares during the period. Finally, Zhang Financial LLC raised its holdings in shares of NextEra Energy by 1.0% in the second quarter. Zhang Financial LLC now owns 12,432 shares of the utilities provider’s stock valued at $1,091,000 after purchasing an additional 117 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NEE shares. HSBC set a $103.00 price objective on shares of NextEra Energy in a research note on Thursday, October 22nd. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Seaport Research Partners reaffirmed a “sell” rating and issued a $56.00 price target (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. Wall Street Zen raised NextEra Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, October 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a report on Wednesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $97.80.

NextEra Energy Stock Up 2.0%

Shares of NYSE:NEE opened at $83.82 on Friday. The firm’s 50 day moving average price is $80.24 and its 200 day moving average price is $87.17. The company has a quick ratio of 0.45, a current ratio of 0.53 and a debt-to-equity ratio of 1.33. NextEra Energy, Inc. has a fifty-two week low of $74.41 and a fifty-two week high of $98.75. The stock has a market cap of $175.80 billion, a price-to-earnings ratio of 15.10, a price-to-earnings-growth ratio of 2.59 and a beta of 0.64.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.24 EPS for the quarter, topping the consensus estimate of $1.20 by $0.04. NextEra Energy had a net margin of 40.37% and a return on equity of 12.27%. The business had revenue of $8.09 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same period in the previous year, the firm earned $1.13 EPS. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. As a group, equities research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 27th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, November 27th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio is 44.86%.

About NextEra Energy

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.