NextEra Energy, Inc. (NYSE:NEE) Shares Purchased by D Orazio & Associates Inc.

D Orazio & Associates Inc. increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 36.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,088 shares of the utilities provider’s stock after acquiring an additional 288 shares during the quarter. D Orazio & Associates Inc.’s holdings in NextEra Energy were worth $85,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Camden National Bank boosted its holdings in shares of NextEra Energy by 303.2% in the fourth quarter. Camden National Bank now owns 89,975 shares of the utilities provider’s stock valued at $6,941,000 after acquiring an additional 67,659 shares in the last quarter. Eagle Capital Management LLC boosted its holdings in NextEra Energy by 3.9% during the second quarter. Eagle Capital Management LLC now owns 49,696 shares of the utilities provider’s stock worth $3,642,000 after buying an additional 1,852 shares in the last quarter. Meitav Dash Investments Ltd. raised its position in NextEra Energy by 1.1% during the second quarter. Meitav Dash Investments Ltd. now owns 466,386 shares of the utilities provider’s stock worth $34,177,000 after acquiring an additional 5,300 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in NextEra Energy by 12.7% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 362,802 shares of the utilities provider’s stock worth $26,586,000 after acquiring an additional 40,998 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its position in NextEra Energy by 15.0% during the second quarter. Rafferty Asset Management LLC now owns 45,874 shares of the utilities provider’s stock worth $3,362,000 after acquiring an additional 5,988 shares during the last quarter. Institutional investors own 75.02% of the company’s stock.

Shares of NYSE:NEE traded down $1.06 during trading hours on Friday, hitting $83.84. 104,612 shares of the company’s stock traded hands, compared to its average volume of 9,160,438. NextEra Energy, Inc. has a 52 week low of $68.33 and a 52 week high of $93.73. The company’s fifty day simple moving average is $88.59 and its two-hundred day simple moving average is $83.59. The company has a market cap of $164.51 billion, a price-to-earnings ratio of 70.75, a price-to-earnings-growth ratio of 3.45 and a beta of 0.30. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.38 and a current ratio of 0.47.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Tuesday, October 19th. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. The business had revenue of $4.38 billion during the quarter, compared to analyst estimates of $5.40 billion. NextEra Energy had a net margin of 14.40% and a return on equity of 11.07%. The firm’s revenue was down 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. On average, analysts anticipate that NextEra Energy, Inc. will post 2.53 EPS for the current fiscal year.

In other NextEra Energy news, CEO John W. Ketchum sold 12,151 shares of NextEra Energy stock in a transaction on Wednesday, December 15th. The shares were sold at an average price of $90.29, for a total transaction of $1,097,113.79. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Eric E. Silagy sold 62,480 shares of NextEra Energy stock in a transaction on Wednesday, December 1st. The shares were sold at an average price of $87.00, for a total value of $5,435,760.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 101,448 shares of company stock worth $8,870,498. Insiders own 0.38% of the company’s stock.

Several equities analysts recently commented on NEE shares. Seaport Res Ptn reaffirmed a “buy” rating on shares of NextEra Energy in a research report on Tuesday, October 19th. Morgan Stanley boosted their price objective on shares of NextEra Energy from $84.00 to $91.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 6th. Finally, BMO Capital Markets upped their target price on shares of NextEra Energy from $89.00 to $98.00 and gave the company an “outperform” rating in a research note on Wednesday, December 8th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $88.71.

NextEra Energy Profile

NextEra Energy, Inc is an electric power and energy infrastructure company. It operates through the following segments: FPL & NEER. The FPL segment engages primarily in the generation, transmission, distribution and sale of electric energy in Florida. The NEER segment produces electricity from clean and renewable sources, including wind and solar.

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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