Teacher Retirement System of Texas boosted its stake in shares of NextEra Energy Partners, LP (NYSE:NEP) by 0.0% during the second quarter, Holdings Channel reports. The institutional investor owned 1,002,748 shares of the solar energy provider’s stock after buying an additional 30 shares during the period. Teacher Retirement System of Texas’ holdings in NextEra Energy Partners, were worth $37,092,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in NEP. BNP Paribas Arbitrage SA purchased a new stake in NextEra Energy Partners, during the first quarter valued at $139,000. US Bancorp DE raised its stake in NextEra Energy Partners, by 2,000.0% in the second quarter. US Bancorp DE now owns 4,200 shares of the solar energy provider’s stock valued at $155,000 after buying an additional 4,000 shares in the last quarter. Aveo Capital Partners LLC purchased a new stake in NextEra Energy Partners, during the first quarter valued at $202,000. Venturi Wealth Management LLC purchased a new stake in NextEra Energy Partners, during the first quarter valued at $207,000. Finally, Gilman Hill Asset Management LLC purchased a new stake in NextEra Energy Partners, during the second quarter valued at $259,000. Institutional investors own 85.26% of the company’s stock.

Shares of NextEra Energy Partners, LP (NEP) opened at 37.80 on Friday. NextEra Energy Partners, LP has a 12-month low of $23.90 and a 12-month high of $41.49. The firm has a 50-day moving average price of $38.67 and a 200 day moving average price of $34.19. The company has a market capitalization of $2.05 billion, a P/E ratio of 20.81 and a beta of 1.26.

NextEra Energy Partners, (NYSE:NEP) last posted its quarterly earnings data on Wednesday, July 26th. The solar energy provider reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.43 by $0.19. The business had revenue of $204 million during the quarter, compared to analyst estimates of $232.03 million. NextEra Energy Partners, had a return on equity of 4.74% and a net margin of 13.77%. On average, equities research analysts predict that NextEra Energy Partners, LP will post $1.58 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 14th. Stockholders of record on Monday, August 7th will be given a $0.38 dividend. This is a boost from NextEra Energy Partners,’s previous quarterly dividend of $0.37. The ex-dividend date is Thursday, August 3rd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.02%. NextEra Energy Partners,’s dividend payout ratio (DPR) is presently 76.38%.

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NEP has been the topic of several research reports. TheStreet upgraded NextEra Energy Partners, from a “c-” rating to a “b” rating in a research report on Wednesday, July 26th. Vetr upgraded NextEra Energy Partners, from a “sell” rating to a “buy” rating and set a $40.37 price target on the stock in a research report on Thursday, June 22nd. Zacks Investment Research upgraded NextEra Energy Partners, from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research report on Thursday, June 22nd. Williams Capital initiated coverage on NextEra Energy Partners, in a research report on Thursday, June 1st. They set a “buy” rating and a $45.00 price target on the stock. Finally, BidaskClub lowered NextEra Energy Partners, from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 1st. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. NextEra Energy Partners, presently has a consensus rating of “Buy” and a consensus target price of $38.57.

In other NextEra Energy Partners, news, insider Armando Pimentel, Jr. acquired 5,000 shares of the stock in a transaction dated Friday, July 14th. The stock was purchased at an average price of $38.23 per share, with a total value of $191,150.00. Following the transaction, the insider now directly owns 20,000 shares of the company’s stock, valued at $764,600. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark E. Hickson acquired 1,350 shares of the stock in a transaction dated Wednesday, July 5th. The stock was acquired at an average cost of $37.51 per share, with a total value of $50,638.50. Following the transaction, the executive vice president now directly owns 4,780 shares in the company, valued at $179,297.80. The disclosure for this purchase can be found here. 0.46% of the stock is owned by company insiders.

About NextEra Energy Partners,

Nextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets.

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Institutional Ownership by Quarter for NextEra Energy Partners, (NYSE:NEP)

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