Investors bought shares of NextEra Energy Inc. (NYSE:NEE) on weakness during trading on Wednesday. $51.86 million flowed into the stock on the tick-up and $30.59 million flowed out of the stock on the tick-down, for a money net flow of $21.27 million into the stock. Of all companies tracked, NextEra Energy had the 7th highest net in-flow for the day. NextEra Energy traded down ($0.88) for the day and closed at $127.21

Several research analysts have commented on the stock. Wells Fargo & Co. reiterated a “buy” rating on shares of NextEra Energy in a report on Monday, May 23rd. Deutsche Bank AG reiterated a “buy” rating and issued a $121.00 target price on shares of NextEra Energy in a report on Tuesday, April 19th. Zacks Investment Research cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. Morgan Stanley initiated coverage on shares of NextEra Energy in a report on Wednesday, June 29th. They set a “hold” rating and a $146.00 price target for the company. Finally, Bank of America Corp. restated a “buy” rating and set a $144.00 price target on shares of NextEra Energy in a report on Tuesday, May 24th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of C$127.32.

The company’s 50-day moving average price is $125.86 and its 200-day moving average price is $117.45. The stock has a market cap of $58.70 billion and a P/E ratio of 21.28.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Thursday, April 28th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.16. During the same period in the prior year, the firm earned $1.41 earnings per share. On average, equities research analysts forecast that NextEra Energy Inc. will post $6.17 EPS for the current year.

In related news, EVP Joseph T. Kelliher sold 11,697 shares of the stock in a transaction that occurred on Wednesday, June 15th. The stock was sold at an average price of C$124.31, for a total transaction of C$1,454,054.07. Following the completion of the sale, the executive vice president now directly owns 39,516 shares of the company’s stock, valued at approximately C$4,912,233.96. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Treasurer Paul I. Cutler sold 4,796 shares of the stock in a transaction that occurred on Thursday, June 30th. The stock was sold at an average price of C$130.00, for a total value of C$623,480.00. Following the sale, the treasurer now directly owns 69,977 shares of the company’s stock, valued at C$9,097,010. The disclosure for this sale can be found here.

A number of hedge funds have bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in NextEra Energy by 8.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 668,806 shares of the company’s stock worth $69,489,000 after buying an additional 49,780 shares during the last quarter. Stephens Inc. AR boosted its stake in NextEra Energy by 15.6% in the fourth quarter. Stephens Inc. AR now owns 26,057 shares of the company’s stock worth $2,707,000 after buying an additional 3,523 shares during the last quarter. Jennison Associates LLC boosted its stake in NextEra Energy by 0.4% in the fourth quarter. Jennison Associates LLC now owns 1,396,491 shares of the company’s stock worth $145,081,000 after buying an additional 5,932 shares during the last quarter. I.G. Investment Management LTD. boosted its stake in NextEra Energy by 2.9% in the fourth quarter. I.G. Investment Management LTD. now owns 29,933 shares of the company’s stock worth $3,110,000 after buying an additional 854 shares during the last quarter. Finally, Veritable L.P. boosted its stake in NextEra Energy by 0.8% in the fourth quarter. Veritable L.P. now owns 42,925 shares of the company’s stock worth $4,459,000 after buying an additional 342 shares during the last quarter.

NextEra Energy, Inc (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada.

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