Oakworth Capital Inc. grew its position in NextEra Energy Inc (NYSE:NEE) by 12.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,003 shares of the utilities provider’s stock after acquiring an additional 445 shares during the period. Oakworth Capital Inc.’s holdings in NextEra Energy were worth $696,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of NextEra Energy by 2.0% in the third quarter. Vanguard Group Inc. now owns 41,214,999 shares of the utilities provider’s stock worth $6,907,634,000 after acquiring an additional 815,916 shares during the period. Vanguard Group Inc increased its stake in shares of NextEra Energy by 2.0% during the third quarter. Vanguard Group Inc now owns 41,214,999 shares of the utilities provider’s stock worth $6,907,634,000 after purchasing an additional 815,916 shares in the last quarter. BlackRock Inc. increased its stake in shares of NextEra Energy by 2.4% during the fourth quarter. BlackRock Inc. now owns 37,651,697 shares of the utilities provider’s stock worth $6,544,616,000 after purchasing an additional 886,301 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of NextEra Energy by 17,067.6% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 8,822,408 shares of the utilities provider’s stock worth $51,000 after purchasing an additional 8,771,018 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of NextEra Energy by 4.2% during the fourth quarter. Northern Trust Corp now owns 6,679,055 shares of the utilities provider’s stock worth $1,160,953,000 after purchasing an additional 270,346 shares in the last quarter. Institutional investors and hedge funds own 75.98% of the company’s stock.

In related news, EVP Deborah H. Caplan sold 3,054 shares of the company’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $183.50, for a total transaction of $560,409.00. Following the completion of the sale, the executive vice president now owns 22,597 shares of the company’s stock, valued at approximately $4,146,549.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Rudy E. Schupp sold 1,600 shares of the company’s stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $170.23, for a total transaction of $272,368.00. Following the sale, the director now directly owns 20,100 shares of the company’s stock, valued at approximately $3,421,623. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 61,909 shares of company stock valued at $11,666,919. 0.55% of the stock is owned by corporate insiders.

A number of analysts have recently commented on NEE shares. Guggenheim reissued a “buy” rating and set a $205.00 target price on shares of NextEra Energy in a research note on Monday, January 7th. Morgan Stanley boosted their target price on shares of NextEra Energy from $184.00 to $188.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 12th. Zacks Investment Research cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, December 18th. Credit Suisse Group boosted their target price on shares of NextEra Energy from $186.00 to $193.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 12th. Finally, Barclays boosted their target price on shares of NextEra Energy from $182.00 to $187.00 and gave the stock a “hold” rating in a research note on Monday, November 19th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $180.50.

NEE stock opened at $191.24 on Friday. The stock has a market cap of $91.32 billion, a PE ratio of 24.84, a P/E/G ratio of 2.93 and a beta of 0.29. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.36 and a quick ratio of 0.29. NextEra Energy Inc has a 52 week low of $155.06 and a 52 week high of $192.16.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 25th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.02). NextEra Energy had a net margin of 39.74% and a return on equity of 10.01%. The business had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.84 billion. During the same period in the prior year, the company posted $1.25 EPS. The firm’s revenue was up 9.6% on a year-over-year basis. As a group, equities analysts anticipate that NextEra Energy Inc will post 8.4 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 28th were paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend was Wednesday, February 27th. This is a boost from NextEra Energy’s previous quarterly dividend of $1.11. NextEra Energy’s dividend payout ratio is currently 64.94%.

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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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.

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

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