Brown Advisory Inc. raised its position in NextEra Energy Inc (NYSE:NEE) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,427 shares of the utilities provider’s stock after purchasing an additional 985 shares during the quarter. Brown Advisory Inc.’s holdings in NextEra Energy were worth $6,218,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NEE. Whalerock Point Partners LLC grew its holdings in shares of NextEra Energy by 0.3% in the 2nd quarter. Whalerock Point Partners LLC now owns 5,598 shares of the utilities provider’s stock valued at $784,000 after acquiring an additional 15 shares in the last quarter. First Interstate Bank grew its holdings in shares of NextEra Energy by 1.3% in the 2nd quarter. First Interstate Bank now owns 1,259 shares of the utilities provider’s stock valued at $176,000 after acquiring an additional 16 shares in the last quarter. Sfmg LLC grew its holdings in shares of NextEra Energy by 0.7% in the 2nd quarter. Sfmg LLC now owns 2,679 shares of the utilities provider’s stock valued at $375,000 after acquiring an additional 19 shares in the last quarter. South Texas Money Management Ltd. grew its holdings in shares of NextEra Energy by 0.5% in the 2nd quarter. South Texas Money Management Ltd. now owns 3,604 shares of the utilities provider’s stock valued at $505,000 after acquiring an additional 19 shares in the last quarter. Finally, Savant Capital LLC grew its holdings in shares of NextEra Energy by 0.3% in 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 in the last quarter. 75.53% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Inc (NYSE NEE) opened at $154.10 on Wednesday. NextEra Energy Inc has a 1-year low of $117.33 and a 1-year high of $159.40. The company has a current ratio of 0.61, a quick ratio of 0.49 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $73,546.67, a PE ratio of 23.44, a P/E/G ratio of 3.12 and a beta of 0.31.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Thursday, October 26th. The utilities provider reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.08. NextEra Energy had a return on equity of 11.86% and a net margin of 24.81%. The business had revenue of $4.81 billion during the quarter, compared to analysts’ expectations of $4.89 billion. During the same quarter last year, the company posted $1.74 earnings per share. NextEra Energy’s quarterly revenue was up .1% on a year-over-year basis. analysts forecast that NextEra Energy Inc will post 6.73 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 24th were issued a dividend of $0.9825 per share. This represents a $3.93 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date was Wednesday, November 22nd. NextEra Energy’s payout ratio is currently 44.16%.

Several equities analysts have recently weighed in on NEE shares. Zacks Investment Research cut NextEra Energy from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Bank of America started coverage on NextEra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $166.00 price objective for the company. Royal Bank of Canada restated a “buy” rating and issued a $156.00 price objective on shares of NextEra Energy in a report on Tuesday, November 7th. KeyCorp restated a “buy” rating and issued a $155.00 price objective on shares of NextEra Energy in a report on Friday, September 1st. Finally, Credit Suisse Group started coverage on NextEra Energy in a report on Thursday, December 7th. They issued an “outperform” rating and a $173.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. NextEra Energy has an average rating of “Buy” and a consensus price target of $159.00.

In related news, CEO Armando Pimentel, Jr. sold 42,372 shares of NextEra Energy stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the completion of the transaction, the chief executive officer now owns 121,958 shares in the company, valued at $19,202,287.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James L. Robo sold 30,000 shares of NextEra Energy stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $151.52, for a total value of $4,545,600.00. The disclosure for this sale can be found here. Insiders have sold 104,857 shares of company stock valued at $15,984,953 in the last quarter. 0.53% of the stock is currently owned by corporate insiders.

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About NextEra Energy

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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