San Francisco Sentry Investment Group CA lessened its holdings in NextEra Energy Inc (NYSE:NEE) by 11.7% during the 4th quarter, HoldingsChannel reports. The firm owned 17,210 shares of the utilities provider’s stock after selling 2,270 shares during the quarter. NextEra Energy comprises 0.8% of San Francisco Sentry Investment Group CA’s investment portfolio, making the stock its 20th biggest holding. San Francisco Sentry Investment Group CA’s holdings in NextEra Energy were worth $2,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Girard Partners LTD. lifted its holdings in shares of NextEra Energy by 2.5% in the fourth quarter. Girard Partners LTD. now owns 15,908 shares of the utilities provider’s stock valued at $2,485,000 after purchasing an additional 381 shares in the last quarter. Swiss National Bank lifted its holdings in shares of NextEra Energy by 7.4% in the fourth quarter. Swiss National Bank now owns 2,065,424 shares of the utilities provider’s stock valued at $322,599,000 after purchasing an additional 141,800 shares in the last quarter. Sabal Trust CO lifted its holdings in shares of NextEra Energy by 15.2% in the fourth quarter. Sabal Trust CO now owns 4,091 shares of the utilities provider’s stock valued at $639,000 after purchasing an additional 541 shares in the last quarter. Bedel Financial Consulting Inc. purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $574,000. Finally, California Public Employees Retirement System lifted its holdings in shares of NextEra Energy by 5.8% in the fourth quarter. California Public Employees Retirement System now owns 1,357,323 shares of the utilities provider’s stock valued at $212,000,000 after purchasing an additional 74,909 shares in the last quarter. 75.44% of the stock is currently owned by institutional investors.

In related news, CEO Armando Pimentel, Jr. sold 42,372 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were 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 of the company’s stock, valued at $19,202,287.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Armando Pimentel, Jr. sold 9,250 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $151.83, for a total transaction of $1,404,427.50. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

NextEra Energy Inc (NYSE:NEE) opened at $148.10 on Friday. NextEra Energy Inc has a 52-week low of $124.25 and a 52-week high of $159.64. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.52 and a current ratio of 0.64. The company has a market cap of $69,665.95, a P/E ratio of 22.07, a P/E/G ratio of 2.43 and a beta of 0.28.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, January 26th. The utilities provider reported $1.25 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.06). NextEra Energy had a return on equity of 11.50% and a net margin of 31.28%. The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the company posted $1.21 EPS. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. equities research analysts expect that NextEra Energy Inc will post 7.72 EPS for the current fiscal year.

A number of research firms have recently weighed in on NEE. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Argus reissued a “buy” rating and issued a $173.00 price objective on shares of NextEra Energy in a research report on Tuesday, December 5th. They noted that the move was a valuation call. Guggenheim reissued a “buy” rating and issued a $182.00 price objective on shares of NextEra Energy in a research report on Friday, January 26th. UBS Group began coverage on shares of NextEra Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $177.00 price objective for the company. Finally, Morgan Stanley boosted their price objective on shares of NextEra Energy from $173.00 to $175.00 and gave the company an “overweight” rating in a research report on Wednesday, December 13th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $162.00.

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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.

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

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