Investors sold shares of NextEra Energy Inc (NYSE:NEE) on strength during trading on Friday. $31.13 million flowed into the stock on the tick-up and $58.42 million flowed out of the stock on the tick-down, for a money net flow of $27.29 million out of the stock. Of all equities tracked, NextEra Energy had the 0th highest net out-flow for the day. NextEra Energy traded up $0.08 for the day and closed at $170.93

Several equities analysts have weighed in on the company. Zacks Investment Research cut NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday. ValuEngine raised NextEra Energy from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Scotiabank assumed coverage on NextEra Energy in a research note on Tuesday, July 24th. They set a “hold” rating and a $70.00 target price on the stock. Howard Weil assumed coverage on NextEra Energy in a research note on Tuesday, July 24th. They set a “sector perform” rating on the stock. Finally, KeyCorp lifted their target price on NextEra Energy from $168.00 to $178.00 and gave the company an “overweight” rating in a research note on Thursday, July 19th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $165.67.

The company has a quick ratio of 0.46, a current ratio of 0.58 and a debt-to-equity ratio of 0.78. The company has a market cap of $80.57 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 2.63 and a beta of 0.24.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, July 25th. The utilities provider reported $2.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.06 by $0.05. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $4.51 billion. NextEra Energy had a return on equity of 10.49% and a net margin of 49.10%. The firm’s revenue was down 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 EPS. sell-side analysts predict that NextEra Energy Inc will post 7.74 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 17th. Stockholders of record on Thursday, August 30th will be issued a dividend of $1.11 per share. The ex-dividend date of this dividend is Wednesday, August 29th. This represents a $4.44 annualized dividend and a dividend yield of 2.60%. NextEra Energy’s dividend payout ratio is 66.27%.

In other news, CEO Armando Pimentel, Jr. sold 10,734 shares of NextEra Energy stock in a transaction dated Tuesday, August 7th. The stock was sold at an average price of $170.98, for a total transaction of $1,835,299.32. Following the completion of the sale, the chief executive officer now directly owns 64,169 shares in the company, valued at approximately $10,971,615.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Armando Pimentel, Jr. sold 8,336 shares of NextEra Energy stock in a transaction dated Thursday, June 14th. The shares were sold at an average price of $157.15, for a total value of $1,310,002.40. Following the sale, the chief executive officer now owns 77,139 shares of the company’s stock, valued at $12,122,393.85. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 129,673 shares of company stock valued at $20,534,245. 0.55% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Greystone Managed Investments Inc. lifted its holdings in shares of NextEra Energy by 10.5% during the second quarter. Greystone Managed Investments Inc. now owns 84,645 shares of the utilities provider’s stock worth $14,138,000 after buying an additional 8,074 shares during the last quarter. Cubist Systematic Strategies LLC increased its position in shares of NextEra Energy by 23.1% during the first quarter. Cubist Systematic Strategies LLC now owns 13,355 shares of the utilities provider’s stock valued at $2,181,000 after purchasing an additional 2,505 shares during the period. Aspiriant LLC increased its position in shares of NextEra Energy by 570.9% during the first quarter. Aspiriant LLC now owns 9,668 shares of the utilities provider’s stock valued at $1,579,000 after purchasing an additional 8,227 shares during the period. Bright Rock Capital Management LLC increased its position in shares of NextEra Energy by 38.7% during the second quarter. Bright Rock Capital Management LLC now owns 43,000 shares of the utilities provider’s stock valued at $7,182,000 after purchasing an additional 12,000 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD increased its position in shares of NextEra Energy by 21.7% during the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 42,105 shares of the utilities provider’s stock valued at $7,032,000 after purchasing an additional 7,506 shares during the period. Hedge funds and other institutional investors own 75.78% of the company’s stock.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.

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