First National Bank Sioux Falls continued to hold its stake in NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,625 shares of the utilities provider’s stock at the end of the second quarter. First National Bank Sioux Falls’ holdings in NextEra Energy were worth $228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in NEE. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in NextEra Energy by 8.9% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 871 shares of the utilities provider’s stock valued at $112,000 after acquiring an additional 71 shares during the last quarter. Ruggie Capital Group bought a new position in NextEra Energy in the first quarter valued at approximately $191,000. Winslow Evans & Crocker Inc. increased its stake in NextEra Energy by 12.0% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,395 shares of the utilities provider’s stock valued at $195,000 after acquiring an additional 149 shares during the last quarter. Oarsman Capital Inc. bought a new position in NextEra Energy in the first quarter valued at approximately $200,000. Finally, CCM Investment Advisers LLC bought a new position in NextEra Energy in the first quarter valued at approximately $200,000. 75.41% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on NEE. BidaskClub raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Morgan Stanley lifted their price objective on shares of NextEra Energy from $163.00 to $167.00 and gave the company an “overweight” rating in a research note on Thursday, August 10th. Royal Bank Of Canada reissued an “outperform” rating and issued a $147.00 price objective (up from $144.00) on shares of NextEra Energy in a research note on Sunday, July 9th. Wells Fargo & Company reissued an “outperform” rating and issued a $158.00 price objective (up from $150.00) on shares of NextEra Energy in a research note on Monday, June 19th. Finally, Zacks Investment Research cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $151.15.

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Shares of NextEra Energy, Inc. (NEE) opened at 146.74 on Thursday. The firm has a market cap of $68.86 billion, a price-to-earnings ratio of 16.81 and a beta of 0.33. The firm has a 50-day moving average of $148.97 and a 200-day moving average of $139.72. NextEra Energy, Inc. has a 12 month low of $110.49 and a 12 month high of $151.60.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Wednesday, July 26th. The utilities provider reported $1.86 EPS for the quarter, topping the Zacks’ 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 net margin of 24.26% and a return on equity of 11.88%. The business’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.67 EPS. On average, analysts anticipate that NextEra Energy, Inc. will post $6.73 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were paid a $0.9825 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.68%. NextEra Energy’s dividend payout ratio (DPR) is 45.02%.

In other news, Director James L. Robo sold 30,000 shares of the company’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $147.05, for a total value of $4,411,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John W. Ketchum sold 2,900 shares of the company’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $150.00, for a total transaction of $435,000.00. Following the completion of the sale, the executive vice president now directly owns 18,786 shares of the company’s stock, valued at approximately $2,817,900. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by corporate insiders.

About NextEra Energy

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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