NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Fishman Jay A Ltd. MI

Fishman Jay A Ltd. MI lessened its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 7.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,519 shares of the utilities provider’s stock after selling 3,010 shares during the period. Fishman Jay A Ltd. MI’s holdings in NextEra Energy were worth $2,690,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC raised its stake in NextEra Energy by 8,641.5% during the 3rd quarter. International Assets Investment Management LLC now owns 3,861,208 shares of the utilities provider’s stock valued at $326,388,000 after acquiring an additional 3,817,037 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of NextEra Energy by 4,058.2% during the third quarter. Assenagon Asset Management S.A. now owns 2,366,795 shares of the utilities provider’s stock valued at $200,065,000 after purchasing an additional 2,309,876 shares during the period. Nordea Investment Management AB raised its stake in shares of NextEra Energy by 20.9% during the fourth quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock valued at $634,703,000 after purchasing an additional 1,525,436 shares in the last quarter. National Bank of Canada FI lifted its holdings in NextEra Energy by 167.7% in the third quarter. National Bank of Canada FI now owns 2,186,225 shares of the utilities provider’s stock worth $184,795,000 after purchasing an additional 1,369,689 shares during the period. Finally, Raymond James & Associates lifted its holdings in NextEra Energy by 14.3% in the third quarter. Raymond James & Associates now owns 6,809,093 shares of the utilities provider’s stock worth $575,573,000 after purchasing an additional 851,873 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Up 0.9 %

NYSE:NEE opened at $70.36 on Wednesday. The stock has a fifty day simple moving average of $71.52 and a 200 day simple moving average of $77.00. The firm has a market capitalization of $144.69 billion, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 2.42 and a beta of 0.58. NextEra Energy, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20.

NextEra Energy (NYSE:NEE) last announced its earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. Sell-side analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Evercore ISI dropped their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a research report on Monday, January 27th. Guggenheim boosted their target price on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Jefferies Financial Group cut their target price on NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. JPMorgan Chase & Co. lowered their price target on NextEra Energy from $99.00 to $90.00 in a research report on Monday, January 27th. Finally, Barclays upped their price objective on NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Hold” and an average target price of $85.85.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.