Boston Private Wealth LLC decreased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,166 shares of the utilities provider’s stock after selling 327 shares during the period. Boston Private Wealth LLC’s holdings in NextEra Energy were worth $19,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Day & Ennis LLC grew its position in shares of NextEra Energy by 0.6% during the 1st quarter. Day & Ennis LLC now owns 2,174 shares of the utilities provider’s stock valued at $279,000 after acquiring an additional 14 shares during the period. Paragon Capital Management LLC grew its position in shares of NextEra Energy by 0.3% during the 1st quarter. Paragon Capital Management LLC now owns 5,349 shares of the utilities provider’s stock valued at $686,000 after acquiring an additional 15 shares during the period. Farmers & Merchants Investments Inc. grew its position in shares of NextEra Energy by 0.3% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 4,745 shares of the utilities provider’s stock valued at $665,000 after acquiring an additional 15 shares during the period. Savant Capital LLC grew its position in shares of NextEra Energy by 0.3% during the 2nd quarter. Savant Capital LLC now owns 6,181 shares of the utilities provider’s stock valued at $866,000 after acquiring an additional 20 shares during the period. Finally, Comerica Securities Inc. grew its position in shares of NextEra Energy by 1.3% during the 1st quarter. Comerica Securities Inc. now owns 1,890 shares of the utilities provider’s stock valued at $243,000 after acquiring an additional 25 shares during the period. 75.41% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy, Inc. (NYSE:NEE) opened at 147.47 on Friday. NextEra Energy, Inc. has a one year low of $110.49 and a one year high of $151.60. The company has a 50-day moving average of $148.73 and a 200 day moving average of $141.14. The company has a market cap of $69.20 billion, a P/E ratio of 16.89 and a beta of 0.31.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Wednesday, July 26th. The utilities provider reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.10. NextEra Energy had a net margin of 24.26% and a return on equity of 11.88%. The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the previous year, the company earned $1.67 earnings per share. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. Analysts anticipate that NextEra Energy, Inc. will post $6.73 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were issued a $0.9825 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a $3.93 dividend on an annualized basis and a yield of 2.66%. NextEra Energy’s payout ratio is 45.02%.

A number of brokerages have recently issued reports on NEE. Morgan Stanley boosted their price objective on shares of NextEra Energy from $167.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, September 8th. J P Morgan Chase & Co began coverage on shares of NextEra Energy in a research report on Thursday, September 7th. They set an “overweight” rating and a $173.00 price objective for the company. KeyCorp reissued a “buy” rating and set a $155.00 price objective on shares of NextEra Energy in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, BidaskClub raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $153.09.

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In other news, EVP Charles E. Sieving sold 30,485 shares of NextEra Energy stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $146.56, for a total value of $4,467,881.60. Following the sale, the executive vice president now owns 78,167 shares in the company, valued at $11,456,155.52. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John W. Ketchum sold 2,900 shares of NextEra Energy stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $150.00, for a total transaction of $435,000.00. Following the completion of the sale, the executive vice president now owns 18,786 shares in the company, valued at approximately $2,817,900. The disclosure for this sale can be found here. Insiders sold 63,385 shares of company stock valued at $9,314,382 in the last ninety days. 0.53% of the stock is owned by corporate insiders.

NextEra Energy Company Profile

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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