NextEra Energy Inc. (NYSE:NEE)’s share price traded down 2.3% during mid-day trading on Friday . The company traded as low as $121.49 and last traded at $121.62, with a volume of 1,878,007 shares trading hands. The stock had previously closed at $124.51.

A number of equities analysts have recently issued reports on the stock. Mizuho increased their price target on shares of NextEra Energy from $125.00 to $138.00 and gave the company a “buy” rating in a report on Monday, July 18th. Zacks Investment Research downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a report on Friday, July 22nd. BMO Capital Markets reiterated a “buy” rating and issued a $135.00 price target on shares of NextEra Energy in a report on Thursday, July 28th. Morgan Stanley assumed coverage on shares of NextEra Energy in a report on Wednesday, June 29th. They issued a “hold” rating and a $146.00 price target for the company. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $123.00 price target on shares of NextEra Energy in a report on Wednesday, June 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of C$129.07.

The stock has a 50 day moving average of $126.92 and a 200-day moving average of $120.91. The stock has a market cap of $56.19 billion and a P/E ratio of 21.76.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.10. The company earned $3.82 billion during the quarter, compared to analyst estimates of $4.33 billion. During the same period in the previous year, the company earned $1.56 EPS. The business’s revenue for the quarter was down 12.4% compared to the same quarter last year. Equities analysts predict that NextEra Energy Inc. will post $6.20 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Tuesday, August 30th will be issued a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend is Friday, August 26th.

In related news, CEO Eric E. Silagy sold 5,000 shares of the company’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of C$123.77, for a total value of C$618,850.00. Following the completion of the sale, the chief executive officer now owns 26,641 shares of the company’s stock, valued at C$3,297,356.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Chris N. Froggatt sold 16,467 shares of the company’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of C$127.61, for a total transaction of C$2,101,353.87. Following the completion of the sale, the vice president now directly owns 22,916 shares of the company’s stock, valued at approximately C$2,924,310.76. The disclosure for this sale can be found here.

Other large investors recently bought and sold shares of the company. I.G. Investment Management LTD. increased 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 valued at $3,110,000 after buying an additional 854 shares during the last quarter. American International Group Inc. boosted its stake in shares of NextEra Energy by 5.1% in the fourth quarter. American International Group Inc. now owns 168,348 shares of the company’s stock valued at $17,489,000 after buying an additional 8,171 shares during the period. US Bancorp DE boosted its stake in shares of NextEra Energy by 5.4% in the fourth quarter. US Bancorp DE now owns 590,376 shares of the company’s stock valued at $61,334,000 after buying an additional 30,251 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of NextEra Energy by 3.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,221,426 shares of the company’s stock valued at $126,894,000 after buying an additional 40,168 shares during the period. Finally, Eaton Vance Management boosted its stake in shares of NextEra Energy by 14.6% in the fourth quarter. Eaton Vance Management now owns 3,408,573 shares of the company’s stock valued at $354,117,000 after buying an additional 435,350 shares during the period.

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power company in North America with electric generating facilities located in over 30 states in the United States and approximately five provinces in Canada. NEE’s operating segments are FPL, an electric utility, and NEER, an energy business.

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