NextEra Energy, Inc. $NEE Shares Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 142,858 shares of the utilities provider’s stock after acquiring an additional 258 shares during the period. Venture Visionary Partners LLC’s holdings in NextEra Energy were worth $9,917,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of NEE. Vanguard Group Inc. increased its holdings in shares of NextEra Energy by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 207,322,418 shares of the utilities provider’s stock valued at $14,697,086,000 after purchasing an additional 2,025,193 shares in the last quarter. Northern Trust Corp grew its position in NextEra Energy by 1.1% during the first quarter. Northern Trust Corp now owns 23,353,245 shares of the utilities provider’s stock valued at $1,655,512,000 after buying an additional 262,819 shares during the period. Goldman Sachs Group Inc. grew its position in NextEra Energy by 6.7% during the first quarter. Goldman Sachs Group Inc. now owns 21,269,146 shares of the utilities provider’s stock valued at $1,507,770,000 after buying an additional 1,336,259 shares during the period. GQG Partners LLC grew its position in NextEra Energy by 58.4% during the first quarter. GQG Partners LLC now owns 17,236,502 shares of the utilities provider’s stock valued at $1,221,896,000 after buying an additional 6,352,798 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in NextEra Energy by 20.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 16,446,413 shares of the utilities provider’s stock valued at $1,165,748,000 after buying an additional 2,815,629 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on NEE shares. Barclays boosted their price target on shares of NextEra Energy from $65.00 to $67.00 and gave the stock an “equal weight” rating in a report on Thursday, July 10th. Mizuho set a $78.00 price target on shares of NextEra Energy in a research report on Thursday, August 21st. BMO Capital Markets boosted their price target on shares of NextEra Energy from $77.00 to $81.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. upped their target price on shares of NextEra Energy from $86.00 to $87.00 and gave the company an “overweight” rating in a research report on Friday, August 22nd. Finally, Morgan Stanley reiterated an “overweight” rating and set a $95.00 price target (down from $96.00) on shares of NextEra Energy in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $84.08.

Insider Activity

In other NextEra Energy news, EVP Michael Dunne sold 10,000 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $70.79, for a total transaction of $707,900.00. Following the sale, the executive vice president directly owned 62,064 shares in the company, valued at approximately $4,393,510.56. The trade was a 13.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Treasurer James Michael May sold 2,177 shares of the business’s stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $77.50, for a total transaction of $168,717.50. Following the sale, the treasurer owned 27,662 shares in the company, valued at $2,143,805. The trade was a 7.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,369 shares of company stock valued at $1,539,610. Corporate insiders own 0.18% of the company’s stock.

NextEra Energy Stock Performance

Shares of NEE opened at $75.84 on Monday. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36. The firm has a market cap of $156.18 billion, a PE ratio of 26.52, a price-to-earnings-growth ratio of 2.61 and a beta of 0.65. The company’s 50 day simple moving average is $72.63 and its 200-day simple moving average is $71.07. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NextEra Energy had a net margin of 22.84% and a return on equity of 12.31%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.52 billion. During the same period last year, the firm posted $0.96 EPS. NextEra Energy’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, equities analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Thursday, August 28th were given a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Thursday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is 79.37%.

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.