NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 19.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,063 shares of the utilities provider’s stock after purchasing an additional 500 shares during the period. TCI Wealth Advisors Inc.’s holdings in NextEra Energy were worth $220,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of NEE. International Assets Investment Management LLC grew its holdings in shares of NextEra Energy by 8,641.5% during the third quarter. International Assets Investment Management LLC now owns 3,861,208 shares of the utilities provider’s stock worth $326,388,000 after buying an additional 3,817,037 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of NextEra Energy by 4,058.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,366,795 shares of the utilities provider’s stock valued at $200,065,000 after purchasing an additional 2,309,876 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of NextEra Energy by 20.9% in the fourth quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock valued at $634,703,000 after purchasing an additional 1,525,436 shares during the period. National Bank of Canada FI increased its holdings in shares of NextEra Energy by 167.7% in the third quarter. National Bank of Canada FI now owns 2,186,225 shares of the utilities provider’s stock valued at $184,795,000 after purchasing an additional 1,369,689 shares during the period. Finally, Raymond James & Associates raised its stake in shares of NextEra Energy by 14.3% during the third quarter. Raymond James & Associates now owns 6,809,093 shares of the utilities provider’s stock worth $575,573,000 after purchasing an additional 851,873 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Analyst Ratings Changes

Several equities analysts have issued reports on NEE shares. BMO Capital Markets boosted their price objective on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Scotiabank boosted their price target on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. Barclays raised 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. Jefferies Financial Group dropped their target price on NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. reduced their price target on NextEra Energy from $99.00 to $90.00 in a report on Monday, January 27th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $85.85.

NextEra Energy Stock Up 0.5 %

NextEra Energy stock opened at $71.65 on Friday. The firm has a market capitalization of $147.34 billion, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 2.48 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. NextEra Energy, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. The stock’s fifty day moving average is $72.60 and its two-hundred day moving average is $77.06.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. Analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

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.