4,363 Shares in NextEra Energy, Inc. (NYSE:NEE) Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,363 shares of the utilities provider’s stock, valued at approximately $313,000.

A number of other large investors have also recently bought and sold shares of the company. Reston Wealth Management LLC bought a new stake in NextEra Energy during the third quarter worth about $27,000. Burkett Financial Services LLC raised its stake 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 worth $26,000 after purchasing an additional 332 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $28,000. Quarry LP bought a new position in shares of NextEra Energy in the third quarter valued at $33,000. Finally, Maryland Capital Advisors Inc. acquired a new position in NextEra Energy during the third quarter worth $39,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Nicole J. Daggs sold 4,007 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following the sale, the executive vice president now directly owns 15,792 shares of the company’s stock, valued at approximately $1,193,401.44. This represents a 20.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.18% of the company’s stock.

NextEra Energy Trading Down 1.5 %

Shares of NextEra Energy stock opened at $68.24 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. The firm has a 50-day moving average of $71.87 and a 200-day moving average of $77.02. NextEra Energy, Inc. has a 52-week low of $53.95 and a 52-week high of $86.10. The stock has a market cap of $140.33 billion, a PE ratio of 20.25, a PEG ratio of 2.50 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, sell-side analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on NEE shares. Royal Bank of Canada cut shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Scotiabank raised their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 12th. BMO Capital Markets boosted their price target on NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Morgan Stanley raised their price objective on NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Finally, Evercore ISI decreased their target price on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a report on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $85.85.

NextEra Energy Company 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.