BlueCrest Capital Management Ltd Increases Stake in NextEra Energy, Inc. (NEE)

BlueCrest Capital Management Ltd grew its holdings in NextEra Energy, Inc. (NYSE:NEE) by 127.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,745 shares of the utilities provider’s stock after buying an additional 3,777 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in NextEra Energy were worth $945,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Monetary Management Group Inc. increased its stake in shares of NextEra Energy by 8.2% in the second quarter. Monetary Management Group Inc. now owns 2,635 shares of the utilities provider’s stock valued at $369,000 after buying an additional 200 shares in the last quarter. Peapack Gladstone Financial Corp increased its stake in shares of NextEra Energy by 26.6% in the second quarter. Peapack Gladstone Financial Corp now owns 81,678 shares of the utilities provider’s stock valued at $11,446,000 after buying an additional 17,162 shares in the last quarter. Colonial Trust Advisors increased its stake in shares of NextEra Energy by 40.9% in the second quarter. Colonial Trust Advisors now owns 7,072 shares of the utilities provider’s stock valued at $991,000 after buying an additional 2,054 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of NextEra Energy by 2,832.8% in the second quarter. Janus Henderson Group PLC now owns 1,800,376 shares of the utilities provider’s stock valued at $252,287,000 after buying an additional 1,738,989 shares in the last quarter. Finally, Horizon Investment Services LLC increased its stake in shares of NextEra Energy by 157.6% in the second quarter. Horizon Investment Services LLC now owns 9,326 shares of the utilities provider’s stock valued at $1,307,000 after buying an additional 5,706 shares in the last quarter. Institutional investors own 75.19% of the company’s stock.

A number of analysts recently commented on NEE shares. KeyCorp reiterated a “buy” rating and issued a $155.00 price objective on shares of NextEra Energy in a research report on Friday, September 1st. Zacks Investment Research lowered NextEra Energy from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Morgan Stanley lifted their price objective on NextEra Energy from $167.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, September 8th. Goldman Sachs Group, Inc. (The) started coverage on NextEra Energy in a research report on Monday, July 24th. They issued a “buy” rating and a $160.00 price objective for the company. Finally, Bank of America Corporation started coverage on NextEra Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $166.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. NextEra Energy has a consensus rating of “Buy” and an average target price of $155.38.

In other news, EVP Charles E. Sieving sold 30,485 shares of NextEra Energy stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $146.56, for a total transaction of $4,467,881.60. Following the transaction, the executive vice president now owns 78,167 shares in the company, valued at approximately $11,456,155.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James L. Robo sold 30,000 shares of NextEra Energy stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $151.52, for a total value of $4,545,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 65,385 shares of company stock valued at $9,748,482 over the last 90 days. Corporate insiders own 0.53% of the company’s stock.

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NextEra Energy, Inc. (NYSE NEE) opened at $155.16 on Friday. The stock has a market capitalization of $72,986.95, a PE ratio of 23.26, a PEG ratio of 3.09 and a beta of 0.31. NextEra Energy, Inc. has a 12-month low of $110.49 and a 12-month high of $156.80. The company has a current ratio of 0.61, a quick ratio of 0.49 and a debt-to-equity ratio of 1.11.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.9825 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $3.93 annualized dividend and a dividend yield of 2.53%. NextEra Energy’s payout ratio is currently 44.16%.

About NextEra Energy

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.

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

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