Fort Washington Investment Advisors Inc. OH lifted its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 4.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 779,519 shares of the utilities provider’s stock after purchasing an additional 34,919 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in NextEra Energy were worth $72,402,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC raised its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the period. Wealth Watch Advisors INC lifted its position in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares in the last quarter. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy during the 4th quarter valued at approximately $27,000. Finally, Strive Asset Management LLC acquired a new stake in NextEra Energy in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.
NextEra Energy Trading Up 0.7%
Shares of NEE opened at $88.29 on Friday. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75. The stock has a market cap of $184.11 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68. The firm’s fifty day moving average is $89.69 and its two-hundred day moving average is $88.38. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.
NextEra Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were paid a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.
Analyst Ratings Changes
NEE has been the subject of several recent analyst reports. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. TD Cowen lifted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. UBS Group upped their price target on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Mizuho raised their price target on shares of NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $99.86.
View Our Latest Report on NextEra Energy
NextEra Energy Profile
NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.
NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.
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