Joel Isaacson & Co. LLC increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,908 shares of the utilities provider’s stock after purchasing an additional 1 shares during the period. Joel Isaacson & Co. LLC’s holdings in NextEra Energy were worth $828,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Global X Management Co. LLC boosted its stake in shares of NextEra Energy by 38.7% during the second quarter. Global X Management Co. LLC now owns 6,385 shares of the utilities provider’s stock valued at $895,000 after purchasing an additional 1,780 shares in the last quarter. Guidant Wealth Advisors boosted its stake in shares of NextEra Energy by 10.8% during the second quarter. Guidant Wealth Advisors now owns 2,384 shares of the utilities provider’s stock valued at $336,000 after purchasing an additional 232 shares in the last quarter. HL Financial Services LLC boosted its stake in shares of NextEra Energy by 2.3% during the second quarter. HL Financial Services LLC now owns 47,384 shares of the utilities provider’s stock valued at $6,640,000 after purchasing an additional 1,053 shares in the last quarter. Armbruster Capital Management Inc. boosted its stake in shares of NextEra Energy by 12.2% during the second quarter. Armbruster Capital Management Inc. now owns 1,709 shares of the utilities provider’s stock valued at $239,000 after purchasing an additional 186 shares in the last quarter. Finally, Advisor Partners LLC boosted its stake in shares of NextEra Energy by 17.3% during the second quarter. Advisor Partners LLC now owns 12,793 shares of the utilities provider’s stock valued at $1,793,000 after purchasing an additional 1,887 shares in the last quarter. Hedge funds and other institutional investors own 75.41% of the company’s stock.

A number of research firms have recently issued reports on NEE. Morgan Stanley increased their price objective on shares of NextEra Energy from $163.00 to $167.00 and gave the company an “overweight” rating in a research note on Thursday, August 10th. Wells Fargo & Co reiterated an “outperform” rating and set a $158.00 price objective (up from $150.00) on shares of NextEra Energy in a research note on Monday, June 19th. BidaskClub downgraded shares of NextEra Energy from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a $147.00 price objective (up from $144.00) on shares of NextEra Energy in a research note on Sunday, July 9th. Finally, J P Morgan Chase & Co began coverage on shares of NextEra Energy in a research note on Thursday, September 7th. They set an “overweight” rating and a $173.00 price objective on the stock. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $151.15.

Shares of NextEra Energy, Inc. (NYSE:NEE) opened at 146.36 on Monday. NextEra Energy, Inc. has a 52 week low of $110.49 and a 52 week high of $151.60. The firm has a 50-day moving average of $148.97 and a 200 day moving average of $139.72. The firm has a market capitalization of $68.68 billion, a P/E ratio of 16.76 and a beta of 0.33.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Wednesday, July 26th. The utilities provider reported $1.86 EPS for the quarter, beating the Zacks’ consensus estimate 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 for the quarter, compared to the consensus estimate of $4.44 billion. During the same period in the prior year, the firm posted $1.67 EPS. The company’s quarterly revenue was up 15.4% compared to the same quarter last year. On average, equities research analysts expect that NextEra Energy, Inc. will post $6.73 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a $0.9825 dividend. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date was Wednesday, August 23rd. NextEra Energy’s dividend payout ratio is presently 45.02%.

In other NextEra Energy news, EVP John W. Ketchum sold 2,900 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $150.00, for a total value of $435,000.00. Following the sale, the executive vice president now directly owns 18,786 shares of the company’s stock, valued at approximately $2,817,900. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James L. Robo sold 30,000 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $147.05, for a total transaction of $4,411,500.00. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

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NextEra Energy 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.

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

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