Candriam Luxembourg S.C.A. grew its position in NextEra Energy Inc (NYSE:NEE) by 6.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,775 shares of the utilities provider’s stock after purchasing an additional 1,919 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in NextEra Energy were worth $4,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of NEE. Day & Ennis LLC lifted its position in NextEra Energy by 0.6% during the first quarter. Day & Ennis LLC now owns 2,174 shares of the utilities provider’s stock valued at $279,000 after purchasing an additional 14 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its position in NextEra Energy by 0.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 4,745 shares of the utilities provider’s stock valued at $665,000 after purchasing an additional 15 shares during the last quarter. Whalerock Point Partners LLC lifted its position in NextEra Energy by 0.3% during the second quarter. Whalerock Point Partners LLC now owns 5,598 shares of the utilities provider’s stock valued at $784,000 after purchasing an additional 15 shares during the last quarter. First Interstate Bank lifted its position in NextEra Energy by 1.3% during the second quarter. First Interstate Bank now owns 1,259 shares of the utilities provider’s stock valued at $176,000 after purchasing an additional 16 shares during the last quarter. Finally, Sfmg LLC lifted its position in NextEra Energy by 0.7% during the second quarter. Sfmg LLC now owns 2,679 shares of the utilities provider’s stock valued at $375,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 75.63% of the company’s stock.

NextEra Energy Inc (NYSE:NEE) traded up $2.14 during mid-day trading on Thursday, reaching $157.78. 1,983,800 shares of the company traded hands, compared to its average volume of 1,684,582. The stock has a market cap of $73,212.69, a P/E ratio of 23.33, a PEG ratio of 3.10 and a beta of 0.31. NextEra Energy Inc has a 52 week low of $114.80 and a 52 week high of $159.28. The company has a quick ratio of 0.49, a current ratio of 0.61 and a debt-to-equity ratio of 1.11.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be paid a $0.9825 dividend. This represents a $3.93 annualized dividend and a yield of 2.49%. The ex-dividend date is Wednesday, November 22nd. NextEra Energy’s dividend payout ratio is presently 44.16%.

Several equities analysts have commented on NEE shares. KeyCorp reiterated a “buy” rating and set a $155.00 price objective on shares of NextEra Energy in a research report on Friday, September 1st. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Morgan Stanley increased their price objective on shares of NextEra Energy from $167.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, September 8th. Bank of America started coverage on shares of NextEra Energy in a research report on Tuesday, October 24th. They set a “buy” rating and a $166.00 price objective for the company. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $156.00 target price on shares of NextEra Energy in a research note on Tuesday, November 7th. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $157.73.

In other NextEra Energy news, Director James L. Robo sold 30,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $151.52, for a total transaction of $4,545,600.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Charles E. Sieving sold 30,485 shares of the firm’s stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $146.56, for a total transaction of $4,467,881.60. Following the transaction, the executive vice president now directly owns 78,167 shares in the company, valued at approximately $11,456,155.52. The disclosure for this sale can be found here. Insiders sold a total of 65,385 shares of company stock worth $9,748,482 in the last ninety days. 0.53% of the stock is currently owned by insiders.

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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.

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

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