NextEra Energy Inc (NEE) Stake Lessened by Keybank National Association OH

Keybank National Association OH decreased its holdings in NextEra Energy Inc (NYSE:NEE) by 2.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 505,235 shares of the utilities provider’s stock after selling 12,027 shares during the period. Keybank National Association OH’s holdings in NextEra Energy were worth $78,913,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Beach Investment Management LLC. boosted its holdings in shares of NextEra Energy by 1,572.6% during the 2nd quarter. Beach Investment Management LLC. now owns 163,583 shares of the utilities provider’s stock valued at $22,923,000 after acquiring an additional 153,803 shares in the last quarter. Commerce Bank boosted its holdings in shares of NextEra Energy by 2.9% during the 2nd quarter. Commerce Bank now owns 188,758 shares of the utilities provider’s stock valued at $26,450,000 after acquiring an additional 5,295 shares in the last quarter. ARGI Investment Services LLC boosted its holdings in shares of NextEra Energy by 0.9% during the 2nd quarter. ARGI Investment Services LLC now owns 8,443 shares of the utilities provider’s stock valued at $1,183,000 after acquiring an additional 73 shares in the last quarter. Mark Sheptoff Financial Planning LLC boosted its holdings in shares of NextEra Energy by 26.1% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 35,831 shares of the utilities provider’s stock valued at $5,021,000 after acquiring an additional 7,418 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. boosted its holdings in shares of NextEra Energy by 8.5% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 10,611 shares of the utilities provider’s stock valued at $1,487,000 after acquiring an additional 833 shares in the last quarter. Institutional investors own 75.24% of the company’s stock.

In other news, CEO Armando Pimentel, Jr. sold 42,372 shares of NextEra Energy stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total value of $6,671,471.40. Following the completion of the transaction, the chief executive officer now directly owns 121,958 shares of the company’s stock, valued at approximately $19,202,287.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Armando Pimentel, Jr. sold 9,250 shares of NextEra Energy stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $151.83, for a total value of $1,404,427.50. The disclosure for this sale can be found here. Company insiders own 0.53% of the company’s stock.

NextEra Energy Inc (NYSE:NEE) opened at $150.08 on Thursday. The company has a market capitalization of $71,062.97, a PE ratio of 13.18, a price-to-earnings-growth ratio of 2.50 and a beta of 0.28. NextEra Energy Inc has a twelve month low of $124.56 and a twelve month high of $159.64. The company has a current ratio of 0.64, a quick ratio of 0.52 and a debt-to-equity ratio of 1.07.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, January 26th. The utilities provider reported $1.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.06). NextEra Energy had a return on equity of 11.50% and a net margin of 31.28%. The business had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $4.18 billion. During the same period last year, the business posted $1.21 earnings per share. The business’s revenue was up 8.4% on a year-over-year basis. equities analysts anticipate that NextEra Energy Inc will post 7.67 earnings per share for the current fiscal year.

Several research firms recently weighed in on NEE. Morgan Stanley cut their price objective on NextEra Energy from $172.00 to $165.00 and set an “overweight” rating on the stock in a report on Tuesday. UBS Group began coverage on NextEra Energy in a report on Friday, February 2nd. They set a “buy” rating and a $177.00 price objective on the stock. Zacks Investment Research downgraded NextEra Energy from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Guggenheim reissued a “buy” rating and set a $182.00 price objective on shares of NextEra Energy in a report on Friday, January 26th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $156.00 price objective on shares of NextEra Energy in a report on Tuesday, November 7th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. NextEra Energy presently has an average rating of “Buy” and an average price target of $161.38.

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NextEra Energy Company Profile

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.

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

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