Bradley Foster & Sargent Inc. CT decreased its holdings in shares of NextEra Energy Inc (NYSE:NEE) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,939 shares of the utilities provider’s stock after selling 413 shares during the period. Bradley Foster & Sargent Inc. CT owned approximately 5,726.83% of NextEra Energy worth $3,948,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in NEE. Swiss National Bank lifted its position in NextEra Energy by 1.0% in the third quarter. Swiss National Bank now owns 1,923,624 shares of the utilities provider’s stock valued at $281,907,000 after purchasing an additional 18,800 shares during the period. Jaffetilchin Investment Partners LLC lifted its position in NextEra Energy by 198.9% in the third quarter. Jaffetilchin Investment Partners LLC now owns 6,657 shares of the utilities provider’s stock valued at $976,000 after purchasing an additional 4,430 shares during the period. Bank of Hawaii lifted its position in NextEra Energy by 16.6% in the third quarter. Bank of Hawaii now owns 16,264 shares of the utilities provider’s stock valued at $2,384,000 after purchasing an additional 2,310 shares during the period. Principal Financial Group Inc. lifted its position in NextEra Energy by 11.0% in the third quarter. Principal Financial Group Inc. now owns 1,642,581 shares of the utilities provider’s stock valued at $240,720,000 after purchasing an additional 163,372 shares during the period. Finally, Jacobi Capital Management LLC lifted its position in NextEra Energy by 310.8% in the third quarter. Jacobi Capital Management LLC now owns 2,880 shares of the utilities provider’s stock valued at $426,000 after purchasing an additional 2,179 shares during the period. Institutional investors and hedge funds own 75.63% of the company’s stock.

NextEra Energy Inc (NEE) traded down $0.33 during mid-day trading on Wednesday, hitting $155.64. 1,702,500 shares of the stock were exchanged, compared to its average volume of 1,683,303. NextEra Energy Inc has a 52 week low of $114.47 and a 52 week high of $159.28. 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 $73,367.91, a P/E ratio of 23.38, a price-to-earnings-growth ratio of 3.11 and a beta of 0.31.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.9825 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.53%. NextEra Energy’s payout ratio is 44.16%.

In other news, EVP Charles E. Sieving sold 30,485 shares of the firm’s 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 completion of the transaction, the executive vice president now directly owns 78,167 shares of the company’s stock, valued at approximately $11,456,155.52. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James L. Robo sold 30,000 shares of the firm’s 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. Over the last three months, insiders have sold 65,385 shares of company stock valued at $9,748,482. Corporate insiders own 0.53% of the company’s stock.

A number of brokerages recently commented on NEE. Argus raised their price objective on shares of NextEra Energy to $173.00 and gave the company a “buy” rating in a research report on Tuesday. They noted that the move was a valuation call. Bank of America began coverage on shares of NextEra Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $166.00 price objective for the company. Royal Bank Of Canada restated a “buy” rating and issued a $156.00 price objective on shares of NextEra Energy in a research report on Tuesday, November 7th. Zacks Investment Research downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, KeyCorp reiterated a “buy” rating and set a $155.00 price target on shares of NextEra Energy in a research report on Friday, September 1st. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $156.64.

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NextEra Energy Company Profile

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.

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

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