Chesley Taft & Associates LLC held its position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,596 shares of the utilities provider’s stock at the close of the 2nd quarter. Chesley Taft & Associates LLC’s holdings in NextEra Energy were worth $1,905,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. increased its holdings in NextEra Energy by 3,384.2% in the 1st quarter. BlackRock Inc. now owns 37,833,468 shares of the utilities provider’s stock worth $4,856,682,000 after buying an additional 36,747,599 shares in the last quarter. Wellington Management Group LLP increased its holdings in NextEra Energy by 0.8% in the 1st quarter. Wellington Management Group LLP now owns 19,961,544 shares of the utilities provider’s stock worth $2,562,463,000 after buying an additional 167,275 shares in the last quarter. FMR LLC increased its holdings in NextEra Energy by 0.4% in the 1st quarter. FMR LLC now owns 7,680,705 shares of the utilities provider’s stock worth $985,973,000 after buying an additional 30,135 shares in the last quarter. Geode Capital Management LLC increased its holdings in NextEra Energy by 7.9% in the 1st quarter. Geode Capital Management LLC now owns 4,578,611 shares of the utilities provider’s stock worth $586,925,000 after buying an additional 336,562 shares in the last quarter. Finally, Alliancebernstein L.P. increased its holdings in NextEra Energy by 11.3% in the 1st quarter. Alliancebernstein L.P. now owns 3,067,768 shares of the utilities provider’s stock worth $393,809,000 after buying an additional 310,903 shares in the last quarter. Institutional investors own 75.67% of the company’s stock.

A number of equities research analysts have issued reports on NEE shares. BidaskClub downgraded NextEra Energy from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 13th. Wells Fargo & Company restated an “outperform” rating and set a $158.00 price target (up from $150.00) on shares of NextEra Energy in a research note on Monday, June 19th. BMO Capital Markets restated a “buy” rating and set a $156.00 price target (up from $144.00) on shares of NextEra Energy in a research note on Friday, June 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $147.00 price target (up from $144.00) on shares of NextEra Energy in a research note on Sunday, July 9th. Finally, Goldman Sachs Group, Inc. (The) started coverage on NextEra Energy in a research note on Monday, July 24th. They set a “buy” rating and a $160.00 price target for the company. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $151.15.

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In other news, Director James L. Robo sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $147.05, for a total value of $4,411,500.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.53% of the stock is currently owned by company insiders.

NextEra Energy, Inc. (NYSE:NEE) traded up 0.6584% on Thursday, hitting $149.1560. The stock had a trading volume of 433,669 shares. The company’s 50 day moving average is $148.41 and its 200-day moving average is $139.05. The stock has a market cap of $69.99 billion, a P/E ratio of 17.0835 and a beta of 0.33. NextEra Energy, Inc. has a 12 month low of $110.49 and a 12 month high of $151.60.

NextEra Energy (NYSE:NEE) last posted its earnings results on Wednesday, July 26th. The utilities provider reported $1.86 EPS for the quarter, topping the consensus estimate of $1.76 by $0.10. The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.44 billion. NextEra Energy had a return on equity of 11.88% and a net margin of 24.26%. NextEra Energy’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the company earned $1.67 earnings per share. Analysts forecast that NextEra Energy, Inc. will post $6.73 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a $0.9825 dividend. This represents a $3.93 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Wednesday, August 23rd. NextEra Energy’s payout ratio is currently 45.02%.

NextEra Energy Company Profile

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

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

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