NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Bartlett & CO. Wealth Management LLC

Bartlett & CO. Wealth Management LLC increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,070,660 shares of the utilities provider’s stock after purchasing an additional 24,512 shares during the period. NextEra Energy accounts for about 1.3% of Bartlett & CO. Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Bartlett & CO. Wealth Management LLC owned about 0.05% of NextEra Energy worth $90,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Proffitt & Goodson Inc. boosted its stake in shares of NextEra Energy by 64.0% during the second quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 144 shares during the last quarter. Semmax Financial Advisors Inc. lifted its holdings in NextEra Energy by 197.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 225 shares in the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of NextEra Energy during the 2nd quarter worth about $33,000. Family Firm Inc. acquired a new stake in shares of NextEra Energy during the 2nd quarter worth about $40,000. Finally, Bbjs Financial Advisors LLC purchased a new stake in shares of NextEra Energy during the second quarter worth about $43,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.7 %

Shares of NextEra Energy stock opened at $84.35 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.41 and a debt-to-equity ratio of 1.15. NextEra Energy, Inc. has a twelve month low of $50.95 and a twelve month high of $86.10. The stock has a market cap of $173.30 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 2.92 and a beta of 0.56. The company has a fifty day moving average price of $81.81 and a 200 day moving average price of $75.44.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.03. NextEra Energy had a net margin of 24.45% and a return on equity of 11.75%. The company had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter last year, the company earned $0.88 earnings per share. Equities research analysts forecast that NextEra Energy, Inc. will post 3.4 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 2.44%. NextEra Energy’s payout ratio is currently 56.13%.

Wall Street Analysts Forecast Growth

NEE has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their target price on shares of NextEra Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Wells Fargo & Company raised their price objective on NextEra Energy from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Tuesday, September 3rd. BMO Capital Markets upped their target price on NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a research note on Friday. Dbs Bank cut NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, September 27th. Finally, Morgan Stanley upped their price objective on shares of NextEra Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $83.64.

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 658 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.26. Following the completion of the sale, the executive vice president now owns 100 shares in the company, valued at $7,697. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.18% of the company’s stock.

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.