9,846 NextEra Energy, Inc. $NEE Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. increased its position in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 10.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,327 shares of the utilities provider’s stock after buying an additional 9,846 shares during the period. Vise Technologies Inc.’s holdings in NextEra Energy were worth $7,674,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NEE. Czech National Bank increased its holdings in NextEra Energy by 4.7% in the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after purchasing an additional 26,378 shares in the last quarter. Annex Advisory Services LLC grew its stake in shares of NextEra Energy by 13.9% in the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock valued at $62,405,000 after buying an additional 86,585 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of NextEra Energy by 4.1% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 544,574 shares of the utilities provider’s stock valued at $47,797,000 after buying an additional 21,569 shares during the period. Avity Investment Management Inc. raised its holdings in shares of NextEra Energy by 5.7% during the 2nd quarter. Avity Investment Management Inc. now owns 500,576 shares of the utilities provider’s stock valued at $43,936,000 after buying an additional 26,848 shares during the period. Finally, CV Advisors LLC acquired a new position in NextEra Energy during the 2nd quarter worth approximately $1,404,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on NEE shares. Barclays decreased their price target on NextEra Energy from $84.00 to $79.00 and set an “equal weight” rating for the company in a report on Friday, October 23rd. BMO Capital Markets set a $88.00 target price on shares of NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday, October 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research note on Wednesday, October 21st. Scotiabank decreased their target price on shares of NextEra Energy from $110.00 to $99.00 and set an “outperform” rating for the company in a research note on Wednesday, September 30th. Finally, Mizuho lowered their price target on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $97.80.

Read Our Latest Stock Report on NextEra Energy

NextEra Energy Stock Up 1.7%

NEE stock opened at $85.17 on Tuesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.53 and a quick ratio of 0.45. NextEra Energy, Inc. has a 1-year low of $74.41 and a 1-year high of $98.75. The firm has a fifty day moving average price of $80.27 and a two-hundred day moving average price of $87.19. The firm has a market cap of $178.62 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 2.51 and a beta of 0.64.

NextEra Energy (NYSE:NEE – Get Free Report) last posted its earnings results on Wednesday, October 21st. The utilities provider reported $1.24 EPS for the quarter, beating the consensus estimate of $1.20 by $0.04. NextEra Energy had a return on equity of 12.27% and a net margin of 40.37%. The company had revenue of $8.09 billion during the quarter, compared to analyst estimates of $8.47 billion. During the same period in the prior year, the company earned $1.13 earnings per share. The business’s revenue was up 1.6% compared to the same quarter last year. Research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 27th will be given a $0.6232 dividend. The ex-dividend date of this dividend is Friday, November 27th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 44.86%.

NextEra Energy Profile

(Free Report)

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.

Recommended Stories

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEE – Free Report).

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

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.