NextEra Energy Inc (NYSE:NEE) CEO Armando Pimentel, Jr. sold 42,372 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the completion of the transaction, the chief executive officer now owns 121,958 shares of the company’s stock, valued at approximately $19,202,287.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

NextEra Energy Inc (NYSE:NEE) opened at $159.03 on Friday. The company has a current ratio of 0.61, a quick ratio of 0.49 and a debt-to-equity ratio of 1.11. NextEra Energy Inc has a fifty-two week low of $114.85 and a fifty-two week high of $159.28. The stock has a market cap of $74,810.00, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 3.15 and a beta of 0.31.

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

The business also recently disclosed 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. This represents a $3.93 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Wednesday, November 22nd. NextEra Energy’s dividend payout ratio (DPR) is 44.16%.

Several hedge funds have recently made changes to their positions in NEE. Birch Hill Investment Advisors LLC grew its position in shares of NextEra Energy by 2.1% during the 1st quarter. Birch Hill Investment Advisors LLC now owns 14,618 shares of the utilities provider’s stock worth $1,877,000 after buying an additional 300 shares during the period. Mirador Capital Partners LP acquired a new stake in shares of NextEra Energy during the 1st quarter worth approximately $359,000. Cornerstone Wealth Management LLC acquired a new stake in shares of NextEra Energy during the 1st quarter worth approximately $268,000. Mission Wealth Management LLC acquired a new stake in shares of NextEra Energy during the 1st quarter worth approximately $218,000. Finally, Beacon Investment Advisory Services Inc. grew its position in NextEra Energy by 5.9% in the 1st quarter. Beacon Investment Advisory Services Inc. now owns 3,954 shares of the utilities provider’s stock valued at $508,000 after purchasing an additional 220 shares during the period. 75.63% of the stock is owned by institutional investors.

A number of brokerages recently issued reports on NEE. KeyCorp reiterated a “buy” rating and issued a $155.00 price objective on shares of NextEra Energy in a report on Thursday, October 12th. Bank of America began coverage on shares of NextEra Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $166.00 price target for the company. Zacks Investment Research upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a report on Tuesday, October 10th. Credit Suisse Group began coverage on shares of NextEra Energy in a report on Thursday. They set an “outperform” rating and a $173.00 price target for the company. Finally, J P Morgan Chase & Co set a $169.00 price target on shares of NextEra Energy and gave the stock a “hold” rating in a report on Thursday, October 12th. Three equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $157.73.

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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.

Insider Buying and Selling by Quarter for NextEra Energy (NYSE:NEE)

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