Trium Capital LLP Boosts Holdings in NextEra Energy, Inc. $NEE

Trium Capital LLP lifted its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 102.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,000 shares of the utilities provider’s stock after buying an additional 9,103 shares during the quarter. NextEra Energy comprises 0.5% of Trium Capital LLP’s portfolio, making the stock its 24th largest position. Trium Capital LLP’s holdings in NextEra Energy were worth $1,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after buying an additional 1,840 shares during the period. Revolve Wealth Partners LLC grew its position in shares of NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after buying an additional 298 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of NextEra Energy by 571.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,526 shares of the utilities provider’s stock worth $179,000 after acquiring an additional 2,150 shares in the last quarter. CreativeOne Wealth LLC lifted its position in NextEra Energy by 16.2% during the 1st quarter. CreativeOne Wealth LLC now owns 34,726 shares of the utilities provider’s stock valued at $2,462,000 after acquiring an additional 4,841 shares during the period. Finally, Wealth Preservation Advisors LLC bought a new stake in NextEra Energy during the first quarter worth about $47,000. 78.72% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other NextEra Energy news, EVP Charles E. Sieving sold 11,336 shares of the stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $80.00, for a total value of $906,880.00. Following the transaction, the executive vice president owned 167,481 shares of the company’s stock, valued at approximately $13,398,480. This represents a 6.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Armando Pimentel, Jr. sold 145,140 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $83.91, for a total value of $12,178,697.40. Following the completion of the transaction, the chief executive officer directly owned 162,693 shares in the company, valued at $13,651,569.63. The trade was a 47.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on NEE shares. HSBC lifted their target price on shares of NextEra Energy from $94.00 to $95.00 in a report on Monday, November 10th. Barclays set a $88.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Wolfe Research increased their target price on NextEra Energy from $87.00 to $94.00 and gave the stock an “outperform” rating in a research note on Monday, December 1st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $89.00 price target (down previously from $90.00) on shares of NextEra Energy in a research report on Wednesday, December 10th. Finally, Mizuho increased their price objective on shares of NextEra Energy from $78.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.56.

NextEra Energy Stock Performance

Shares of NEE stock opened at $80.17 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 1.30. The company has a 50 day moving average price of $83.04 and a 200-day moving average price of $77.21. NextEra Energy, Inc. has a 52 week low of $61.72 and a 52 week high of $87.53. The firm has a market capitalization of $166.96 billion, a PE ratio of 25.53, a P/E/G ratio of 2.70 and a beta of 0.74.

NextEra Energy (NYSE:NEE) last issued its earnings results on Tuesday, October 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.09. NextEra Energy had a net margin of 24.72% and a return on equity of 12.42%. The company had revenue of $7.97 billion for the quarter, compared to analysts’ expectations of $8.13 billion. During the same quarter last year, the company posted $1.03 earnings per share. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. As a group, equities research analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 21st were issued a $0.5665 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.27 annualized dividend and a dividend yield of 2.8%. NextEra Energy’s payout ratio is presently 72.29%.

NextEra Energy Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.