Investors bought shares of NextEra Energy (NYSE:NEE) on weakness during trading on Friday. $101.77 million flowed into the stock on the tick-up and $50.49 million flowed out of the stock on the tick-down, for a money net flow of $51.28 million into the stock. Of all stocks tracked, NextEra Energy had the 22nd highest net in-flow for the day. NextEra Energy traded down ($1.75) for the day and closed at $160.79

A number of equities analysts have commented on NEE shares. Guggenheim reaffirmed a “buy” rating and issued a $177.00 price objective on shares of NextEra Energy in a report on Wednesday, January 3rd. ValuEngine raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research raised shares of NextEra Energy from a “hold” rating to a “buy” rating and set a $172.00 price objective for the company in a report on Wednesday, February 21st. Finally, UBS started coverage on shares of NextEra Energy in a report on Friday, February 2nd. They issued a “buy” rating and a $177.00 price objective for the company. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $167.50.

The firm has a market cap of $75,698.97, a PE ratio of 23.96, a price-to-earnings-growth ratio of 2.55 and a beta of 0.24. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.52 and a current ratio of 0.64.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, January 26th. The utilities provider reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($0.06). NextEra Energy had a net margin of 31.28% and a return on equity of 11.50%. The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the firm posted $1.21 EPS. The business’s revenue was up 8.4% compared to the same quarter last year. research analysts anticipate that NextEra Energy will post 7.72 earnings per share for the current fiscal year.

In other news, CEO Armando Pimentel, Jr. sold 9,250 shares of the business’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $151.83, for a total transaction of $1,404,427.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Charles E. Sieving sold 2,844 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $154.67, for a total transaction of $439,881.48. Following the transaction, the executive vice president now directly owns 48,966 shares of the company’s stock, valued at approximately $7,573,571.22. The disclosure for this sale can be found here. In the last three months, insiders have sold 62,245 shares of company stock valued at $9,783,623. Corporate insiders own 0.55% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Taylor Hoffman Wealth Management bought a new stake in shares of NextEra Energy during the fourth quarter valued at about $106,000. D Orazio & Associates Inc. bought a new stake in shares of NextEra Energy during the fourth quarter valued at about $113,000. Cerebellum GP LLC bought a new stake in shares of NextEra Energy during the fourth quarter valued at about $128,000. Keeler Thomas Management LLC bought a new stake in shares of NextEra Energy during the fourth quarter valued at about $129,000. Finally, Fieldpoint Private Securities LLC raised its stake in shares of NextEra Energy by 84.0% during the third quarter. Fieldpoint Private Securities LLC now owns 920 shares of the utilities provider’s stock valued at $135,000 after purchasing an additional 420 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

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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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.

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