NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Moseley Investment Management Inc.

Moseley Investment Management Inc. lessened its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 10.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 51,590 shares of the utilities provider’s stock after selling 5,860 shares during the period. NextEra Energy makes up approximately 1.4% of Moseley Investment Management Inc.’s portfolio, making the stock its 16th largest position. Moseley Investment Management Inc.’s holdings in NextEra Energy were worth $3,698,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NEE. Thompson Siegel & Walmsley LLC raised its stake in shares of NextEra Energy by 5.4% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 3,893 shares of the utilities provider’s stock worth $276,000 after buying an additional 200 shares during the period. Plato Investment Management Ltd increased its holdings in NextEra Energy by 262.2% in the 2nd quarter. Plato Investment Management Ltd now owns 920 shares of the utilities provider’s stock worth $65,000 after acquiring an additional 666 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in NextEra Energy by 175.0% during the second quarter. Brown Brothers Harriman & Co. now owns 33,110 shares of the utilities provider’s stock worth $2,345,000 after acquiring an additional 21,071 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in NextEra Energy by 9.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 8,178,185 shares of the utilities provider’s stock valued at $579,097,000 after purchasing an additional 691,341 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of NextEra Energy by 11.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,371,154 shares of the utilities provider’s stock valued at $309,595,000 after purchasing an additional 442,086 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NEE stock opened at $67.98 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. The company has a market capitalization of $139.79 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 2.66 and a beta of 0.58. The firm’s 50-day moving average is $73.79 and its two-hundred day moving average is $77.26. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10.

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

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date was Friday, November 22nd. NextEra Energy’s dividend payout ratio is presently 60.95%.

Insider Buying and Selling

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the stock in a transaction dated 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 transaction, the executive vice president now owns 15,792 shares of the company’s stock, valued at $1,193,401.44. This trade represents a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

NEE has been the subject of several research analyst reports. BMO Capital Markets upped their price target on shares of NextEra Energy from $83.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Scotiabank increased their target price on NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a report on Thursday, December 12th. Barclays lifted their price target on NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Guggenheim increased their price objective on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Jefferies Financial Group assumed coverage on shares of NextEra Energy in a research note on Thursday, September 19th. They set a “hold” rating and a $87.00 target price on the stock. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $87.15.

About NextEra Energy

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.