NextEra Energy, Inc. (NYSE:NEE) Position Boosted by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 20.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,179 shares of the utilities provider’s stock after buying an additional 1,220 shares during the period. Consolidated Portfolio Review Corp’s holdings in NextEra Energy were worth $515,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tandem Capital Management Corp ADV lifted its position in shares of NextEra Energy by 1.3% in the third quarter. Tandem Capital Management Corp ADV now owns 9,935 shares of the utilities provider’s stock worth $840,000 after purchasing an additional 125 shares in the last quarter. Insight Folios Inc lifted its position in NextEra Energy by 1.5% during the 3rd quarter. Insight Folios Inc now owns 8,439 shares of the utilities provider’s stock worth $713,000 after buying an additional 126 shares in the last quarter. Taylor & Morgan Wealth Management LLC boosted its stake in shares of NextEra Energy by 1.7% during the 3rd quarter. Taylor & Morgan Wealth Management LLC now owns 7,744 shares of the utilities provider’s stock worth $655,000 after buying an additional 126 shares during the last quarter. Osborne Partners Capital Management LLC boosted its stake in shares of NextEra Energy by 1.2% during the 3rd quarter. Osborne Partners Capital Management LLC now owns 10,724 shares of the utilities provider’s stock worth $906,000 after buying an additional 128 shares during the last quarter. Finally, Boston Trust Walden Corp grew its holdings in shares of NextEra Energy by 0.4% in the 3rd quarter. Boston Trust Walden Corp now owns 30,720 shares of the utilities provider’s stock valued at $2,597,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insider Transactions at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the firm’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 transaction, the executive vice president now directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on NEE shares. Scotiabank increased their price target on NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research report on Thursday, December 12th. Guggenheim increased their price objective on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Jefferies Financial Group lowered their target price on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. BMO Capital Markets increased their price target on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of NextEra Energy from $99.00 to $90.00 in a research report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Hold” and an average target price of $85.85.

NextEra Energy Stock Down 1.5 %

NextEra Energy stock opened at $68.24 on Friday. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The stock has a market cap of $140.33 billion, a P/E ratio of 20.25, a P/E/G ratio of 2.50 and a beta of 0.58. The company’s 50-day moving average price is $71.87 and its two-hundred day moving average price is $77.02. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20.

NextEra Energy (NYSE:NEE) last announced its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current 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.