Tandem Investment Advisors Inc. raised its stake in shares of NextEra Energy Inc (NYSE:NEE) by 2.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,706 shares of the utilities provider’s stock after acquiring an additional 1,165 shares during the period. Tandem Investment Advisors Inc.’s holdings in NextEra Energy were worth $8,256,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of NextEra Energy by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 41,214,999 shares of the utilities provider’s stock worth $6,907,634,000 after purchasing an additional 815,916 shares during the period. Vanguard Group Inc raised its stake in NextEra Energy by 2.0% in the 3rd quarter. Vanguard Group Inc now owns 41,214,999 shares of the utilities provider’s stock valued at $6,907,634,000 after acquiring an additional 815,916 shares during the period. BlackRock Inc. raised its stake in NextEra Energy by 2.4% in the 4th quarter. BlackRock Inc. now owns 37,651,697 shares of the utilities provider’s stock valued at $6,544,616,000 after acquiring an additional 886,301 shares during the period. Oregon Public Employees Retirement Fund raised its stake in NextEra Energy by 17,067.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 8,822,408 shares of the utilities provider’s stock valued at $51,000 after acquiring an additional 8,771,018 shares during the period. Finally, Norges Bank bought a new stake in NextEra Energy in the 4th quarter valued at about $1,172,014,000. Institutional investors and hedge funds own 77.27% of the company’s stock.

Shares of NYSE NEE traded up $0.66 during midday trading on Monday, hitting $191.51. 14,234 shares of the company’s stock were exchanged, compared to its average volume of 2,012,537. NextEra Energy Inc has a 12-month low of $155.06 and a 12-month high of $195.55. The company has a current ratio of 0.36, a quick ratio of 0.29 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $91.01 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 2.92 and a beta of 0.29.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, January 25th. The utilities provider reported $1.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.51 by ($0.02). The business had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.84 billion. NextEra Energy had a return on equity of 10.01% and a net margin of 39.74%. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.25 EPS. On average, analysts predict that NextEra Energy Inc will post 8.4 earnings per share for the current year.

In other NextEra Energy news, EVP Deborah H. Caplan sold 3,054 shares of the business’s stock in a transaction that occurred on Thursday, February 14th. The stock was sold at an average price of $183.50, for a total value of $560,409.00. Following the completion of the sale, the executive vice president now owns 22,597 shares in the company, valued at $4,146,549.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James L. Robo sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $187.87, for a total value of $2,818,050.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 173,773 shares of company stock valued at $33,097,211. 0.55% of the stock is owned by insiders.

A number of brokerages recently issued reports on NEE. Goldman Sachs Group cut NextEra Energy from a “conviction-buy” rating to a “buy” rating and set a $194.00 price objective on the stock. in a research note on Monday, April 8th. Zacks Investment Research raised NextEra Energy from a “hold” rating to a “buy” rating and set a $214.00 target price for the company in a report on Friday, March 15th. Guggenheim reaffirmed a “buy” rating and set a $205.00 target price on shares of NextEra Energy in a report on Monday, January 7th. Barclays raised NextEra Energy from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $187.00 to $207.00 in a report on Wednesday, March 20th. They noted that the move was a valuation call. Finally, Morgan Stanley lifted their target price on NextEra Energy from $184.00 to $188.00 and gave the company an “overweight” rating in a report on Tuesday, February 12th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $183.08.

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NextEra Energy Company Profile

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

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