Atria Investments LLC lowered its stake in shares of NextEra Energy Inc (NYSE:NEE) by 9.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 7,906 shares of the utilities provider’s stock after selling 822 shares during the period. Atria Investments LLC’s holdings in NextEra Energy were worth $1,235,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Whalerock Point Partners LLC increased its stake in NextEra Energy by 0.3% in the second quarter. Whalerock Point Partners LLC now owns 5,598 shares of the utilities provider’s stock valued at $784,000 after acquiring an additional 15 shares during the period. First Interstate Bank increased its stake in NextEra Energy by 1.3% in the second quarter. First Interstate Bank now owns 1,259 shares of the utilities provider’s stock valued at $176,000 after acquiring an additional 16 shares during the period. Sfmg LLC increased its stake in NextEra Energy by 0.7% in the second quarter. Sfmg LLC now owns 2,679 shares of the utilities provider’s stock valued at $375,000 after acquiring an additional 19 shares during the period. South Texas Money Management Ltd. increased its stake in NextEra Energy by 0.5% in the second quarter. South Texas Money Management Ltd. now owns 3,604 shares of the utilities provider’s stock valued at $505,000 after acquiring an additional 19 shares during the period. Finally, Savant Capital LLC increased its stake in NextEra Energy by 0.3% in the second quarter. Savant Capital LLC now owns 6,181 shares of the utilities provider’s stock valued at $866,000 after acquiring an additional 20 shares during the period. 75.41% of the stock is owned by institutional investors and hedge funds.

In other news, CEO Armando Pimentel, Jr. sold 42,372 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the sale, the chief executive officer now directly owns 121,958 shares of the company’s stock, valued at $19,202,287.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James L. Robo sold 30,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $151.52, for a total transaction of $4,545,600.00. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by corporate insiders.

Shares of NextEra Energy Inc (NEE) opened at $150.16 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.49 and a current ratio of 0.61. The firm has a market cap of $70,630.00, a PE ratio of 16.87, a price-to-earnings-growth ratio of 2.79 and a beta of 0.31. NextEra Energy Inc has a 52 week low of $117.91 and a 52 week high of $159.40.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, October 26th. The utilities provider reported $1.85 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.77 by $0.08. The firm had revenue of $4.81 billion for the quarter, compared to analysts’ expectations of $4.89 billion. NextEra Energy had a net margin of 24.81% and a return on equity of 11.86%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.74 earnings per share. sell-side analysts predict that NextEra Energy Inc will post 6.73 EPS for the current fiscal year.

A number of research firms recently weighed in on NEE. Zacks Investment Research raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a research note on Thursday. Guggenheim reissued a “buy” rating and issued a $177.00 target price on shares of NextEra Energy in a research note on Wednesday, January 3rd. Morgan Stanley upped their target price on shares of NextEra Energy from $173.00 to $175.00 and gave the company an “overweight” rating in a research note on Wednesday, December 13th. Credit Suisse Group began coverage on shares of NextEra Energy in a research note on Thursday, December 7th. They issued an “outperform” rating and a $173.00 target price on the stock. Finally, Argus reissued a “buy” rating and issued a $173.00 target price on shares of NextEra Energy in a research note on Tuesday, December 5th. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $159.56.

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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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