NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Decreased by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC lowered its stake in NextEra Energy, Inc. (NYSE:NEE) by 46.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,021 shares of the utilities provider’s stock after selling 890 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in NextEra Energy were worth $73,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Semmax Financial Advisors Inc. increased its position in shares of NextEra Energy by 197.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 225 shares during the last quarter. Burkett Financial Services LLC grew its position in shares of NextEra Energy by 1,229.6% during the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after buying an additional 332 shares during the last quarter. Reston Wealth Management LLC bought a new stake in shares of NextEra Energy during the 3rd quarter valued at about $27,000. Quarry LP bought a new stake in shares of NextEra Energy during the 3rd quarter valued at about $33,000. Finally, Maryland Capital Advisors Inc. bought a new stake in shares of NextEra Energy during the 3rd quarter valued at about $39,000. Institutional investors own 78.72% of the company’s stock.

Insider Activity at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total transaction of $302,808.99. Following the completion of the sale, the executive vice president now directly owns 15,792 shares of the company’s stock, valued at $1,193,401.44. This represents a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

NEE has been the subject of a number of recent research reports. Morgan Stanley lowered their price objective on shares of NextEra Energy from $95.00 to $94.00 and set an “overweight” rating for the company in a research report on Friday, November 22nd. Dbs Bank downgraded shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Barclays boosted their price objective on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Scotiabank upped their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research report on Thursday, December 12th. Finally, Guggenheim upped their target price on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $87.15.

NextEra Energy Trading Down 0.8 %

Shares of NYSE:NEE opened at $70.83 on Friday. The company has a 50 day moving average of $73.50 and a 200-day moving average of $77.17. The firm has a market cap of $145.66 billion, a P/E ratio of 20.96, a P/E/G ratio of 2.26 and a beta of 0.58. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.05. The company had revenue of $7.57 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.94 EPS. As a group, analysts anticipate that NextEra Energy, Inc. will post 3.41 earnings per share for the current fiscal year.

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,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.