Buffington Mohr McNeal bought a new position in NextEra Energy Inc (NYSE:NEE) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 267 shares of the utilities provider’s stock, valued at approximately $52,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc lifted its holdings in NextEra Energy by 2.0% during the 3rd quarter. Vanguard Group Inc now owns 41,214,999 shares of the utilities provider’s stock valued at $6,907,634,000 after buying an additional 815,916 shares in the last quarter. BlackRock Inc. lifted its holdings in NextEra Energy by 2.4% during the 4th quarter. BlackRock Inc. now owns 37,651,697 shares of the utilities provider’s stock valued at $6,544,616,000 after buying an additional 886,301 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in NextEra Energy by 17,067.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 8,822,408 shares of the utilities provider’s stock valued at $51,000 after buying an additional 8,771,018 shares in the last quarter. Norges Bank bought a new stake in NextEra Energy during the 4th quarter valued at about $1,172,014,000. Finally, Northern Trust Corp lifted its holdings in NextEra Energy by 4.2% during the 4th quarter. Northern Trust Corp now owns 6,679,055 shares of the utilities provider’s stock valued at $1,160,953,000 after buying an additional 270,346 shares in the last quarter. Hedge funds and other institutional investors own 77.24% of the company’s stock.

NYSE NEE opened at $190.90 on Tuesday. The company has a current ratio of 0.46, a quick ratio of 0.38 and a debt-to-equity ratio of 0.79. The stock has a market cap of $92.15 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 2.92 and a beta of 0.28. NextEra Energy Inc has a one year low of $155.06 and a one year high of $195.55.

NextEra Energy (NYSE:NEE) last posted its earnings results on Tuesday, April 23rd. The utilities provider reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.19. The business had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.11 billion. NextEra Energy had a net margin of 17.13% and a return on equity of 10.26%. During the same quarter last year, the firm posted $1.94 EPS. On average, equities research analysts expect that NextEra Energy Inc will post 8.41 EPS for the current year.

In other NextEra Energy news, Director James L. Robo sold 111,864 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $191.27, for a total transaction of $21,396,227.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Rudy E. Schupp sold 1,600 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $191.52, for a total transaction of $306,432.00. Following the transaction, the director now directly owns 19,210 shares in the company, valued at approximately $3,679,099.20. The disclosure for this sale can be found here. Insiders have sold a total of 173,773 shares of company stock worth $33,097,211 in the last three months. Insiders own 0.48% of the company’s stock.

NEE has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Friday, March 29th. Morgan Stanley lifted their price objective on shares of NextEra Energy from $184.00 to $188.00 and gave the company an “overweight” rating in a report on Tuesday, February 12th. Guggenheim reiterated a “buy” rating and set a $205.00 price objective on shares of NextEra Energy in a report on Monday, January 7th. Goldman Sachs Group lowered shares of NextEra Energy from a “conviction-buy” rating to a “buy” rating and set a $194.00 price objective for the company. in a report on Monday, April 8th. Finally, Credit Suisse Group set a $199.00 price objective on shares of NextEra Energy and gave the company a “buy” rating in a report on Monday, April 22nd. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $185.33.

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NextEra Energy 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.

Further Reading: What does EPS mean?

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

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