EagleClaw Capital Managment LLC reduced its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,825 shares of the utilities provider’s stock after selling 500 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in NextEra Energy were worth $536,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Day & Ennis LLC grew its position in shares of NextEra Energy by 0.6% in the first quarter. Day & Ennis LLC now owns 2,174 shares of the utilities provider’s stock valued at $279,000 after purchasing an additional 14 shares during the last quarter. Farmers & Merchants Investments Inc. grew its position in shares of NextEra Energy by 0.3% in the second quarter. Farmers & Merchants Investments Inc. now owns 4,745 shares of the utilities provider’s stock valued at $665,000 after purchasing an additional 15 shares during the last quarter. Whalerock Point Partners LLC grew its position in shares of NextEra Energy by 0.3% in the second quarter. Whalerock Point Partners LLC now owns 5,598 shares of the utilities provider’s stock valued at $784,000 after purchasing an additional 15 shares during the last quarter. First Interstate Bank grew its position in shares of NextEra Energy by 1.3% in the second quarter. First Interstate Bank now owns 1,259 shares of the utilities provider’s stock valued at $176,000 after purchasing an additional 16 shares during the last quarter. Finally, Sfmg LLC grew its position in shares of NextEra Energy by 0.7% in the second quarter. Sfmg LLC now owns 2,679 shares of the utilities provider’s stock valued at $375,000 after purchasing an additional 19 shares during the last quarter. Institutional investors own 75.23% of the company’s stock.

In other NextEra Energy news, EVP Charles E. Sieving sold 30,485 shares of the stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $146.56, for a total transaction of $4,467,881.60. Following the transaction, the executive vice president now owns 78,167 shares of the company’s stock, valued at $11,456,155.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director James L. Robo sold 30,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $151.52, for a total transaction of $4,545,600.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 65,385 shares of company stock worth $9,748,482. 0.53% of the stock is currently owned by insiders.

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Several analysts have recently commented on the stock. BidaskClub upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada reiterated a “buy” rating and issued a $156.00 price target on shares of NextEra Energy in a research report on Tuesday, November 7th. Morgan Stanley increased their price target on shares of NextEra Energy from $163.00 to $167.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, J P Morgan Chase & Co set a $169.00 target price on shares of NextEra Energy and gave the stock a “hold” rating in a research report on Thursday, October 12th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. NextEra Energy currently has a consensus rating of “Buy” and a consensus target price of $155.38.

NextEra Energy, Inc. (NYSE:NEE) opened at $158.40 on Wednesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.49 and a current ratio of 0.61. The firm has a market cap of $73,748.94, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 3.12 and a beta of 0.31. NextEra Energy, Inc. has a one year low of $112.63 and a one year high of $158.55.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Thursday, October 26th. The utilities provider reported $1.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.77 by $0.08. The company had revenue of $4.81 billion for the quarter, compared to the consensus estimate of $4.89 billion. NextEra Energy had a net margin of 24.81% and a return on equity of 11.86%. NextEra Energy’s revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $1.74 earnings per share. equities analysts expect that NextEra Energy, Inc. will post 6.73 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.9825 per share. This represents a $3.93 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Wednesday, November 22nd. NextEra Energy’s dividend payout ratio is currently 44.16%.

About NextEra Energy

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

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

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