Capital Advisors Ltd. LLC Has $142,000 Stake in NextEra Energy, Inc. $NEE

Capital Advisors Ltd. LLC lowered its position in NextEra Energy, Inc. (NYSE:NEE) by 34.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,044 shares of the utilities provider’s stock after selling 1,080 shares during the period. Capital Advisors Ltd. LLC’s holdings in NextEra Energy were worth $142,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avity Investment Management Inc. lifted its position in shares of NextEra Energy by 1.7% in the 2nd quarter. Avity Investment Management Inc. now owns 506,515 shares of the utilities provider’s stock worth $35,162,000 after purchasing an additional 8,565 shares during the period. Integrity Alliance LLC. lifted its position in shares of NextEra Energy by 41.8% in the 1st quarter. Integrity Alliance LLC. now owns 25,092 shares of the utilities provider’s stock worth $1,779,000 after purchasing an additional 7,401 shares during the period. Elyxium Wealth LLC acquired a new position in shares of NextEra Energy in the 1st quarter worth approximately $783,000. Czech National Bank increased its stake in shares of NextEra Energy by 6.5% in the 2nd quarter. Czech National Bank now owns 503,202 shares of the utilities provider’s stock valued at $34,932,000 after acquiring an additional 30,878 shares in the last quarter. Finally, Bowman & Co S.C. increased its stake in shares of NextEra Energy by 2.0% in the 2nd quarter. Bowman & Co S.C. now owns 13,452 shares of the utilities provider’s stock valued at $933,000 after acquiring an additional 263 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insider Transactions at NextEra Energy

In other news, EVP Charles E. Sieving sold 11,336 shares of the company’s stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $80.00, for a total value of $906,880.00. Following the completion of the sale, the executive vice president owned 167,481 shares in the company, valued at $13,398,480. This represents a 6.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Robert Coffey sold 7,500 shares of the company’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $71.84, for a total transaction of $538,800.00. Following the completion of the sale, the executive vice president owned 26,539 shares of the company’s stock, valued at approximately $1,906,561.76. The trade was a 22.03% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,705 shares of company stock worth $2,446,490. 0.20% of the stock is owned by insiders.

NextEra Energy Stock Performance

Shares of NEE stock opened at $83.63 on Friday. The firm has a market capitalization of $172.22 billion, a PE ratio of 29.24, a price-to-earnings-growth ratio of 2.89 and a beta of 0.66. The firm has a fifty day simple moving average of $73.94 and a two-hundred day simple moving average of $71.63. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36. NextEra Energy, Inc. has a 12 month low of $61.72 and a 12 month high of $86.00.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, July 23rd. The utilities provider reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.52 billion. NextEra Energy had a net margin of 22.84% and a return on equity of 12.31%. NextEra Energy’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.96 EPS. Analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, August 28th were paid a $0.5665 dividend. The ex-dividend date was Thursday, August 28th. This represents a $2.27 annualized dividend and a dividend yield of 2.7%. NextEra Energy’s dividend payout ratio is presently 79.37%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of NextEra Energy from $86.00 to $87.00 and gave the company an “overweight” rating in a research note on Friday, August 22nd. Evercore ISI set a $92.00 price objective on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Monday. HSBC lowered their price objective on shares of NextEra Energy from $88.00 to $86.00 and set a “buy” rating for the company in a research note on Friday, July 11th. BMO Capital Markets lifted their price objective on shares of NextEra Energy from $77.00 to $81.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $95.00 price objective (down previously from $96.00) on shares of NextEra Energy in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $85.08.

NextEra Energy Profile

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.