NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by Curated Wealth Partners LLC

Curated Wealth Partners LLC boosted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 23.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,460 shares of the utilities provider’s stock after buying an additional 1,221 shares during the quarter. Curated Wealth Partners LLC’s holdings in NextEra Energy were worth $463,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NEE. Reston Wealth Management LLC acquired a new stake in shares of NextEra Energy during the 3rd quarter worth about $27,000. Burkett Financial Services LLC raised its holdings in NextEra Energy by 1,229.6% during the fourth 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 position in shares of NextEra Energy in the 4th quarter valued at $28,000. Quarry LP acquired a new position in shares of NextEra Energy in the 3rd quarter valued at $33,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of NextEra Energy in the 3rd quarter valued at $39,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the business’s 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 sale, the executive vice president now owns 15,792 shares of the company’s stock, valued at approximately $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.18% of the company’s stock.

NextEra Energy Stock Up 5.3 %

NEE stock opened at $72.91 on Friday. The stock has a market capitalization of $149.93 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 2.29 and a beta of 0.58. The company has a fifty day moving average of $73.09 and a 200-day moving average of $77.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.33 and a current ratio of 0.41. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. As a group, analysts expect that NextEra Energy, Inc. will post 3.41 EPS for the current year.

Analyst Ratings Changes

NEE has been the subject of a number of research reports. Dbs Bank cut shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Barclays boosted their target price on NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Scotiabank raised their price target on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. Royal Bank of Canada cut NextEra Energy from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley raised their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of “Hold” and a consensus price target 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.