NextEra Energy, Inc. (NYSE:NEE) Shares Sold by CarsonAllaria Wealth Management Ltd.

CarsonAllaria Wealth Management Ltd. trimmed its position in NextEra Energy, Inc. (NYSE:NEE) by 17.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,718 shares of the utilities provider’s stock after selling 588 shares during the quarter. CarsonAllaria Wealth Management Ltd.’s holdings in NextEra Energy were worth $195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of NEE. Reston Wealth Management LLC purchased a new position in NextEra Energy during the 3rd quarter worth approximately $27,000. Burkett Financial Services LLC increased its stake in shares of NextEra Energy by 1,229.6% in the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 332 shares during the period. Sugar Maple Asset Management LLC purchased a new position in shares of NextEra Energy during the fourth quarter worth $28,000. Quarry LP acquired a new position in NextEra Energy during the third quarter valued at $33,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in NextEra Energy in the third quarter valued at $39,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

NYSE:NEE opened at $69.92 on Wednesday. The stock has a 50 day moving average of $72.40 and a two-hundred day moving average of $77.14. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10. The firm has a market cap of $143.78 billion, a P/E ratio of 20.75, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. On average, analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

Insider Transactions at NextEra Energy

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

Analyst Ratings Changes

A number of equities analysts have weighed in on NEE shares. Evercore ISI reduced their price objective on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research note on Monday, January 27th. Morgan Stanley lifted their price target on NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. 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. Guggenheim boosted their target price on shares of NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Scotiabank increased their price target on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $85.85.

About NextEra Energy

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.