Two Sigma Securities LLC Purchases 9,634 Shares of NextEra Energy, Inc. (NYSE:NEE)

Two Sigma Securities LLC lifted its position in NextEra Energy, Inc. (NYSE:NEE) by 602.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,234 shares of the utilities provider’s stock after acquiring an additional 9,634 shares during the quarter. Two Sigma Securities LLC’s holdings in NextEra Energy were worth $805,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in NEE. Nebula Research & Development LLC bought a new stake in shares of NextEra Energy during the fourth quarter worth $3,230,000. Topsail Wealth Management LLC purchased a new position in NextEra Energy in the 4th quarter worth about $359,000. Stonebridge Capital Advisors LLC lifted its holdings in NextEra Energy by 3.4% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 7,713 shares of the utilities provider’s stock valued at $553,000 after buying an additional 251 shares in the last quarter. Empire Financial Management Company LLC boosted its position in NextEra Energy by 6.1% in the 4th quarter. Empire Financial Management Company LLC now owns 35,086 shares of the utilities provider’s stock valued at $2,515,000 after buying an additional 2,024 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in NextEra Energy by 49.4% in the 4th quarter. Integrated Wealth Concepts LLC now owns 66,427 shares of the utilities provider’s stock worth $4,762,000 after acquiring an additional 21,964 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the sale, the chief accounting officer now owns 27,427 shares in the company, valued at approximately $1,867,504.43. The trade was a 7.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.18% of the stock is owned by insiders.

NextEra Energy Stock Performance

Shares of NEE opened at $66.10 on Friday. NextEra Energy, Inc. has a 12 month low of $61.72 and a 12 month high of $86.10. The stock has a fifty day moving average price of $69.41 and a 200-day moving average price of $72.73. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The firm has a market cap of $136.07 billion, a PE ratio of 19.61, a P/E/G ratio of 2.45 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share for the quarter, hitting the consensus estimate of $0.99. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. The business had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $6.58 billion. Equities research analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were issued a dividend of $0.5665 per share. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.43%. NextEra Energy’s payout ratio is 67.06%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Erste Group Bank upgraded NextEra Energy to a “strong-buy” rating in a report on Wednesday, April 16th. BMO Capital Markets dropped their price target on NextEra Energy from $84.00 to $77.00 and set an “outperform” rating on the stock in a research report on Monday, April 14th. Jefferies Financial Group decreased their price objective on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Guggenheim reiterated a “buy” rating and set a $89.00 target price on shares of NextEra Energy in a report on Thursday, March 20th. Finally, Barclays reduced their price target on shares of NextEra Energy from $77.00 to $73.00 and set an “equal weight” rating for the company in a report on Tuesday. Eight equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.08.

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,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.