Boston Trust Walden Corp Has $2.26 Million Stake in NextEra Energy, Inc. (NYSE:NEE)

Boston Trust Walden Corp raised its position in NextEra Energy, Inc. (NYSE:NEE) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 31,504 shares of the utilities provider’s stock after purchasing an additional 784 shares during the quarter. Boston Trust Walden Corp’s holdings in NextEra Energy were worth $2,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Czech National Bank lifted its position in shares of NextEra Energy by 6.9% in the third quarter. Czech National Bank now owns 418,530 shares of the utilities provider’s stock valued at $35,378,000 after buying an additional 27,020 shares during the last quarter. Diversified Trust Co lifted its holdings in NextEra Energy by 12.5% during the 3rd quarter. Diversified Trust Co now owns 30,802 shares of the utilities provider’s stock valued at $2,604,000 after purchasing an additional 3,417 shares during the last quarter. Smith Anglin Financial LLC lifted its holdings in NextEra Energy by 8.0% during the 3rd quarter. Smith Anglin Financial LLC now owns 3,721 shares of the utilities provider’s stock valued at $315,000 after purchasing an additional 277 shares during the last quarter. Miracle Mile Advisors LLC boosted its position in NextEra Energy by 5.2% during the third quarter. Miracle Mile Advisors LLC now owns 12,950 shares of the utilities provider’s stock worth $1,095,000 after purchasing an additional 644 shares during the period. Finally, Greenfield Savings Bank increased its holdings in shares of NextEra Energy by 5.2% in the third quarter. Greenfield Savings Bank now owns 35,177 shares of the utilities provider’s stock valued at $2,974,000 after purchasing an additional 1,748 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

NEE has been the subject of several research analyst reports. Evercore ISI reduced their target price on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a report on Monday, January 27th. BMO Capital Markets boosted their price objective on NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Guggenheim increased their target price on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada downgraded NextEra Energy from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Finally, Jefferies Financial Group dropped their target price on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $85.85.

Insider Buying and Selling

In related news, EVP Nicole J. Daggs sold 4,007 shares of the company’s stock in a transaction that occurred on 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 directly owns 15,792 shares in the company, valued at $1,193,401.44. This represents a 20.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is owned by corporate insiders.

NextEra Energy Price Performance

NEE stock opened at $69.92 on Wednesday. The company’s 50-day moving average price is $72.40 and its two-hundred day moving average price is $77.14. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The firm has a market cap of $143.78 billion, a P/E ratio of 20.75, a P/E/G ratio of 2.50 and a beta of 0.58.

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 the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share 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.