HM Payson & Co. reduced its position in NextEra Energy, Inc. (NYSE:NEE) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,180 shares of the utilities provider’s stock after selling 698 shares during the period. HM Payson & Co.’s holdings in NextEra Energy were worth $2,848,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of NEE. Highland Capital Management LLC raised its stake in shares of NextEra Energy by 6.4% in the first quarter. Highland Capital Management LLC now owns 2,427 shares of the utilities provider’s stock worth $312,000 after buying an additional 145 shares in the last quarter. Regentatlantic Capital LLC raised its stake in shares of NextEra Energy by 0.4% in the first quarter. Regentatlantic Capital LLC now owns 3,468 shares of the utilities provider’s stock worth $445,000 after buying an additional 14 shares in the last quarter. Hays Advisory LLC raised its stake in shares of NextEra Energy by 11.0% in the first quarter. Hays Advisory LLC now owns 1,971 shares of the utilities provider’s stock worth $253,000 after buying an additional 196 shares in the last quarter. Atria Investments LLC raised its stake in shares of NextEra Energy by 1.9% in the first quarter. Atria Investments LLC now owns 7,719 shares of the utilities provider’s stock worth $991,000 after buying an additional 144 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown raised its stake in shares of NextEra Energy by 9.3% in the first quarter. First National Bank & Trust Co. of Newtown now owns 8,229 shares of the utilities provider’s stock worth $1,056,000 after buying an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 76.84% of the company’s stock.

Shares of NextEra Energy, Inc. (NEE) traded up 0.34% on Tuesday, reaching $148.57. The company’s stock had a trading volume of 269,858 shares. NextEra Energy, Inc. has a one year low of $110.49 and a one year high of $148.74. The firm has a 50-day moving average price of $143.51 and a 200 day moving average price of $135.51. The firm has a market capitalization of $69.71 billion, a PE ratio of 17.02 and a beta of 0.32.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Wednesday, July 26th. The utilities provider reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.10. NextEra Energy had a return on equity of 11.88% and a net margin of 24.26%. The company had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. NextEra Energy’s revenue was up 15.4% compared to the same quarter last year. On average, analysts anticipate that NextEra Energy, Inc. will post $6.72 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be paid a $0.9825 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $3.93 annualized dividend and a yield of 2.65%. NextEra Energy’s dividend payout ratio (DPR) is currently 45.02%.

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A number of equities research analysts have recently weighed in on NEE shares. UBS AG reiterated a “buy” rating and issued a $143.00 price objective (up from $138.00) on shares of NextEra Energy in a research report on Tuesday, April 18th. Barclays PLC reiterated an “overweight” rating and issued a $150.00 price objective (up from $139.00) on shares of NextEra Energy in a research report on Sunday, April 23rd. Royal Bank Of Canada reiterated a “buy” rating and issued a $144.00 price objective on shares of NextEra Energy in a research report on Tuesday, May 2nd. Morgan Stanley lifted their price objective on NextEra Energy from $161.00 to $162.00 and gave the stock an “overweight” rating in a research report on Monday, May 8th. Finally, BidaskClub lowered NextEra Energy from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 13th. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. NextEra Energy has a consensus rating of “Buy” and a consensus price target of $148.64.

In other NextEra Energy news, Director Eric E. Silagy sold 8,111 shares of the company’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $140.58, for a total transaction of $1,140,244.38. Following the completion of the sale, the director now owns 26,884 shares in the company, valued at $3,779,352.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director James L. Robo sold 52,320 shares of the company’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $136.48, for a total value of $7,140,633.60. The disclosure for this sale can be found here. In the last three months, insiders sold 90,431 shares of company stock worth $12,692,378. 0.53% of the stock is owned by insiders.

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.

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

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