Barings LLC decreased its position in NextEra Energy Inc (NYSE:NEE) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,298 shares of the utilities provider’s stock after selling 830 shares during the period. Barings LLC’s holdings in NextEra Energy were worth $1,296,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of NEE. Janus Henderson Group PLC grew its stake in shares of NextEra Energy by 2,832.8% in the 2nd 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 during the period. Vanguard Group Inc. lifted its holdings in shares of NextEra Energy by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 34,147,719 shares of the utilities provider’s stock worth $4,785,120,000 after acquiring an additional 1,503,907 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of NextEra Energy by 26.4% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,724,367 shares of the utilities provider’s stock worth $548,102,000 after acquiring an additional 777,351 shares during the last quarter. BT Investment Management Ltd acquired a new position in shares of NextEra Energy in the 2nd quarter worth approximately $96,214,000. Finally, Patten Group Inc. lifted its holdings in shares of NextEra Energy by 7,613.6% in the 3rd quarter. Patten Group Inc. now owns 686,048 shares of the utilities provider’s stock worth $1,326,000 after acquiring an additional 677,154 shares during the last quarter. 75.50% of the stock is owned by institutional investors and hedge funds.
In other news, CEO Armando Pimentel, Jr. sold 9,250 shares of the firm’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $151.83, for a total value of $1,404,427.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the completion of the sale, the chief executive officer now owns 121,958 shares in the company, valued at $19,202,287.10. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.
Shares of NextEra Energy Inc (NEE) opened at $156.05 on Tuesday. The stock has a market cap of $73,410.00, a P/E ratio of 13.74, a price-to-earnings-growth ratio of 2.58 and a beta of 0.28. NextEra Energy Inc has a fifty-two week low of $125.96 and a fifty-two week 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 released its earnings results on Friday, January 26th. The utilities provider reported $1.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.06). The business had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.18 billion. NextEra Energy had a return on equity of 11.50% and a net margin of 31.28%. NextEra Energy’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.21 earnings per share. equities analysts predict that NextEra Energy Inc will post 7.68 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Tuesday, February 27th will be issued a dividend of $1.11 per share. The ex-dividend date of this dividend is Monday, February 26th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.98. This represents a $4.44 dividend on an annualized basis and a yield of 2.85%. NextEra Energy’s dividend payout ratio is 34.60%.
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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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