Miller Howard Investments Inc. NY lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 5.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 167,152 shares of the utilities provider’s stock after purchasing an additional 8,122 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in NextEra Energy were worth $14,671,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in shares of NextEra Energy by 7.0% during the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after acquiring an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in NextEra Energy by 6.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 298 shares during the period. Acadian Asset Management LLC increased its holdings in NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after purchasing an additional 3,479 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after purchasing an additional 852 shares in the last quarter. Finally, United Bank raised its position in NextEra Energy by 2.9% in the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock valued at $1,083,000 after purchasing an additional 444 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.
NextEra Energy Stock Performance
Shares of NEE stock opened at $83.71 on Friday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The firm has a market capitalization of $174.60 billion, a P/E ratio of 18.81, a P/E/G ratio of 2.29 and a beta of 0.67. The company’s fifty day moving average price is $87.22 and its two-hundred day moving average price is $89.88.
NextEra Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s dividend payout ratio is currently 55.96%.
Analyst Ratings Changes
NEE has been the topic of a number of recent research reports. HSBC boosted their price objective on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Wall Street Zen lowered NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday. JPMorgan Chase & Co. raised their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Barclays set a $91.00 price target on NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $100.33.
Check Out Our Latest Stock Report on NextEra Energy
NextEra Energy Company 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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