NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Boosted by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 8.0% during the 4th quarter, HoldingsChannel reports. The firm owned 81,727 shares of the utilities provider’s stock after buying an additional 6,086 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in NextEra Energy were worth $5,783,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of NextEra Energy by 8.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 225,085 shares of the utilities provider’s stock valued at $16,136,000 after buying an additional 16,940 shares during the last quarter. R Squared Ltd acquired a new stake in NextEra Energy in the 4th quarter valued at approximately $68,000. Perigon Wealth Management LLC raised its stake in NextEra Energy by 29.7% during the 4th quarter. Perigon Wealth Management LLC now owns 66,729 shares of the utilities provider’s stock valued at $4,762,000 after acquiring an additional 15,293 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its position in NextEra Energy by 1.0% during the 4th quarter. Matrix Asset Advisors Inc. NY now owns 232,315 shares of the utilities provider’s stock worth $16,655,000 after acquiring an additional 2,289 shares during the period. Finally, Curbstone Financial Management Corp grew its stake in shares of NextEra Energy by 11.9% in the fourth quarter. Curbstone Financial Management Corp now owns 25,128 shares of the utilities provider’s stock worth $1,801,000 after purchasing an additional 2,664 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other 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 value 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 can be accessed through this link. Corporate insiders own 0.18% of the company’s stock.

NextEra Energy Trading Down 4.5 %

Shares of NEE opened at $70.50 on Wednesday. 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, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10. The stock has a market capitalization of $144.97 billion, a P/E ratio of 20.86, a P/E/G ratio of 2.29 and a beta of 0.58. The business’s 50-day moving average price is $72.83 and its 200 day moving average price is $77.14.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results 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 26.49% and a return on equity of 11.94%. Analysts expect that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on NEE. Guggenheim lifted their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Scotiabank upped 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. BMO Capital Markets raised their price objective on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday. Jefferies Financial Group cut their target price on NextEra Energy from $81.00 to $77.00 in a research report on Monday. Finally, Royal Bank of Canada cut NextEra Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $85.85.

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.