Keeler Thomas Management LLC acquired a new position in shares of NextEra Energy Inc (NYSE:NEE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 827 shares of the utilities provider’s stock, valued at approximately $129,000.

Several other hedge funds have also recently modified their holdings of the business. Capital One National Association grew its holdings in shares of NextEra Energy by 8.0% during the fourth quarter. Capital One National Association now owns 25,142 shares of the utilities provider’s stock worth $3,927,000 after purchasing an additional 1,857 shares during the last quarter. Ffcm LLC grew its holdings in shares of NextEra Energy by 21.6% during the fourth quarter. Ffcm LLC now owns 21,072 shares of the utilities provider’s stock worth $3,291,000 after buying an additional 3,736 shares during the last quarter. Candriam Luxembourg S.C.A. grew its holdings in shares of NextEra Energy by 6.2% during the fourth quarter. Candriam Luxembourg S.C.A. now owns 34,793 shares of the utilities provider’s stock worth $5,434,000 after buying an additional 2,018 shares during the last quarter. Wealth Advisors of Tampa Bay LLC purchased a new position in shares of NextEra Energy during the fourth quarter worth about $284,000. Finally, Wilbanks Smith & Thomas Asset Management LLC grew its holdings in shares of NextEra Energy by 32.4% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 4,276 shares of the utilities provider’s stock worth $668,000 after buying an additional 1,046 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors.

Shares of NextEra Energy Inc (NYSE:NEE) opened at $151.07 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.64 and a quick ratio of 0.52. The company has a market cap of $70,559.64, a PE ratio of 22.35, a P/E/G ratio of 2.46 and a beta of 0.28. NextEra Energy Inc has a 12-month low of $124.52 and a 12-month high of $159.64.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 26th. The utilities provider reported $1.25 EPS for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.06). The firm had revenue of $4.01 billion during the quarter, compared to analyst estimates of $4.18 billion. NextEra Energy had a net margin of 31.28% and a return on equity of 11.50%. NextEra Energy’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 EPS. equities analysts forecast that NextEra Energy Inc will post 7.72 EPS for the current year.

A number of research firms recently issued reports on NEE. Morgan Stanley lowered their price target on NextEra Energy from $172.00 to $165.00 and set an “overweight” rating on the stock in a report on Tuesday. UBS Group began coverage on NextEra Energy in a report on Friday, February 2nd. They set a “buy” rating and a $177.00 price target on the stock. Guggenheim reissued a “buy” rating and set a $182.00 price target on shares of NextEra Energy in a report on Friday, January 26th. Zacks Investment Research raised NextEra Energy from a “sell” rating to a “hold” rating in a report on Thursday, January 18th. Finally, Credit Suisse Group began coverage on NextEra Energy in a report on Thursday, December 7th. They set an “outperform” rating and a $173.00 price target on the stock. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $161.38.

In related news, CEO Armando Pimentel, Jr. sold 9,250 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $151.83, for a total value of $1,404,427.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer now owns 121,958 shares of the company’s stock, valued at approximately $19,202,287.10. The disclosure for this sale can be found here. 0.53% of the stock is owned by company insiders.

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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.

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

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