Cwm LLC grew its stake in shares of NextEra Energy Inc (NYSE:NEE) by 65.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,534 shares of the utilities provider’s stock after purchasing an additional 2,195 shares during the quarter. Cwm LLC’s holdings in NextEra Energy were worth $962,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Meritage Portfolio Management purchased a new stake in shares of NextEra Energy during the fourth quarter worth about $216,000. Liberty Capital Management Inc. increased its position in shares of NextEra Energy by 4.3% during the fourth quarter. Liberty Capital Management Inc. now owns 2,408 shares of the utilities provider’s stock worth $419,000 after acquiring an additional 100 shares during the last quarter. Notis McConarty Edward increased its position in shares of NextEra Energy by 115.1% during the fourth quarter. Notis McConarty Edward now owns 5,000 shares of the utilities provider’s stock worth $869,000 after acquiring an additional 2,675 shares during the last quarter. Berkshire Asset Management LLC PA increased its position in shares of NextEra Energy by 0.5% during the fourth quarter. Berkshire Asset Management LLC PA now owns 12,080 shares of the utilities provider’s stock worth $2,100,000 after acquiring an additional 65 shares during the last quarter. Finally, Osborn Williams & Donohoe LLC increased its position in shares of NextEra Energy by 32.8% during the fourth quarter. Osborn Williams & Donohoe LLC now owns 23,589 shares of the utilities provider’s stock worth $4,100,000 after acquiring an additional 5,827 shares during the last quarter. Institutional investors own 75.86% of the company’s stock.

Shares of NextEra Energy stock opened at $172.86 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.36 and a quick ratio of 0.29. The stock has a market capitalization of $83.26 billion, a P/E ratio of 22.45, a PEG ratio of 2.42 and a beta of 0.22. NextEra Energy Inc has a fifty-two week low of $145.10 and a fifty-two week high of $184.20.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 25th. The utilities provider reported $1.49 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.51 by ($0.02). The firm had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.84 billion. NextEra Energy had a net margin of 39.74% and a return on equity of 10.01%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 earnings per share. Equities research analysts anticipate that NextEra Energy Inc will post 8.36 earnings per share for the current fiscal year.

NEE has been the topic of a number of analyst reports. Zacks Investment Research raised NextEra Energy from a “hold” rating to a “buy” rating and set a $193.00 target price on the stock in a research report on Friday, October 12th. Argus lifted their target price on NextEra Energy from $184.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, October 31st. Guggenheim reaffirmed a “buy” rating and set a $205.00 target price on shares of NextEra Energy in a research report on Monday, January 7th. Barclays lifted their target price on NextEra Energy from $182.00 to $187.00 and gave the stock a “hold” rating in a research report on Monday, November 19th. Finally, Credit Suisse Group lifted their target price on NextEra Energy from $186.00 to $193.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 12th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $179.15.

In related news, Director Rudy E. Schupp sold 1,600 shares of the business’s stock in a transaction dated Wednesday, January 2nd. The stock was sold at an average price of $170.23, for a total value of $272,368.00. Following the completion of the sale, the director now directly owns 20,100 shares of the company’s stock, valued at $3,421,623. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Armando Pimentel, Jr. sold 4,920 shares of the business’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $170.11, for a total value of $836,941.20. Following the completion of the sale, the chief executive officer now directly owns 59,969 shares of the company’s stock, valued at $10,201,326.59. The disclosure for this sale can be found here. Over the last three months, insiders sold 79,598 shares of company stock valued at $14,306,013. 0.55% of the stock is owned by corporate insiders.

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

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