Aspiriant LLC lowered its stake in shares of NextEra Energy Inc (NYSE:NEE) by 82.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,307 shares of the utilities provider’s stock after selling 6,059 shares during the quarter. Aspiriant LLC’s holdings in NextEra Energy were worth $304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in NEE. Bedel Financial Consulting Inc. grew its holdings in NextEra Energy by 1.4% in the third quarter. Bedel Financial Consulting Inc. now owns 3,412 shares of the utilities provider’s stock worth $795,000 after purchasing an additional 47 shares during the period. Horan Securities Inc. grew its holdings in NextEra Energy by 37.6% in the third quarter. Horan Securities Inc. now owns 172 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 47 shares during the period. Flagship Harbor Advisors LLC grew its holdings in NextEra Energy by 1.2% in the third quarter. Flagship Harbor Advisors LLC now owns 3,891 shares of the utilities provider’s stock worth $906,000 after purchasing an additional 47 shares during the period. Quadrant Capital Group LLC grew its holdings in NextEra Energy by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 2,855 shares of the utilities provider’s stock worth $645,000 after purchasing an additional 47 shares during the period. Finally, Meridian Financial Partners LLC grew its holdings in NextEra Energy by 1.8% in the second quarter. Meridian Financial Partners LLC now owns 2,824 shares of the utilities provider’s stock worth $588,000 after purchasing an additional 49 shares during the period. Institutional investors own 74.53% of the company’s stock.

A number of brokerages have weighed in on NEE. JPMorgan Chase & Co. upped their price objective on shares of NextEra Energy from $214.00 to $252.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. KeyCorp upped their price objective on shares of NextEra Energy from $231.00 to $242.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. UBS Group upped their price objective on shares of NextEra Energy from $240.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, September 6th. ValuEngine cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Guggenheim upped their target price on shares of NextEra Energy from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. NextEra Energy currently has an average rating of “Buy” and a consensus price target of $231.67.

In related news, EVP Charles E. Sieving sold 4,987 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $222.52, for a total transaction of $1,109,707.24. Following the transaction, the executive vice president now owns 46,467 shares in the company, valued at $10,339,836.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO James L. Robo sold 44,537 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $216.85, for a total transaction of $9,657,848.45. The disclosure for this sale can be found here. In the last quarter, insiders sold 97,576 shares of company stock worth $21,514,886. Insiders own 0.48% of the company’s stock.

Shares of NYSE NEE opened at $222.08 on Friday. The firm’s 50 day moving average price is $231.32 and its 200-day moving average price is $213.40. The company has a market cap of $111.01 billion, a PE ratio of 28.84, a P/E/G ratio of 3.40 and a beta of 0.17. NextEra Energy Inc has a 52-week low of $164.78 and a 52-week high of $239.89. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.47 and a current ratio of 0.58.

NextEra Energy (NYSE:NEE) last issued its earnings results on Tuesday, October 22nd. The utilities provider reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.12. The firm had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.14 billion. NextEra Energy had a net margin of 16.92% and a return on equity of 10.59%. The business’s revenue was up 26.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.18 earnings per share. On average, analysts forecast that NextEra Energy Inc will post 8.36 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $1.25 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $5.00 annualized dividend and a dividend yield of 2.25%. NextEra Energy’s dividend payout ratio is presently 64.94%.

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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