Moody Lynn & Lieberson LLC Sells 540 Shares of NextEra Energy, Inc. (NYSE:NEE)

Moody Lynn & Lieberson LLC reduced its stake in NextEra Energy, Inc. (NYSE:NEE) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,190 shares of the utilities provider’s stock after selling 540 shares during the period. Moody Lynn & Lieberson LLC’s holdings in NextEra Energy were worth $802,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Marshall Wace LLP lifted its position in NextEra Energy by 1,337.2% during the second quarter. Marshall Wace LLP now owns 131,866 shares of the utilities provider’s stock valued at $9,337,000 after buying an additional 122,691 shares during the period. Mackenzie Financial Corp increased its stake in shares of NextEra Energy by 62.0% in the 2nd quarter. Mackenzie Financial Corp now owns 866,995 shares of the utilities provider’s stock worth $61,392,000 after acquiring an additional 331,857 shares in the last quarter. Susquehanna International Group Ltd. purchased a new position in NextEra Energy during the 2nd quarter valued at about $407,000. Ninepoint Partners LP boosted its stake in NextEra Energy by 6.2% during the second quarter. Ninepoint Partners LP now owns 17,807 shares of the utilities provider’s stock worth $1,261,000 after acquiring an additional 1,039 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc grew its holdings in NextEra Energy by 2.9% in the second quarter. Texas Capital Bank Wealth Management Services Inc now owns 116,951 shares of the utilities provider’s stock worth $8,281,000 after purchasing an additional 3,322 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total transaction of $302,808.99. Following the completion of the sale, the executive vice president now directly owns 15,792 shares of the company’s stock, valued at approximately $1,193,401.44. This represents a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.18% of the company’s stock.

NextEra Energy Trading Up 5.3 %

Shares of NEE stock opened at $72.91 on Friday. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11. NextEra Energy, Inc. has a 12-month low of $53.95 and a 12-month high of $86.10. The stock has a market capitalization of $149.93 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.29 and a beta of 0.58. The firm’s 50 day moving average is $73.02 and its 200 day moving average is $77.12.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data 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 return on equity of 11.94% and a net margin of 26.49%. Research analysts expect that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on NEE. Guggenheim boosted their price target on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Scotiabank boosted their target price on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. BMO Capital Markets raised their price target on NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Royal Bank of Canada cut shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Finally, Barclays raised their price objective on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, NextEra Energy currently has an average rating of “Hold” and an average target price of $87.15.

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.