Goepper Burkhardt LLC Has $563,000 Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Goepper Burkhardt LLC reduced its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,853 shares of the utilities provider’s stock after selling 1,021 shares during the quarter. Goepper Burkhardt LLC’s holdings in NextEra Energy were worth $563,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. boosted its holdings in shares of NextEra Energy by 38.2% during the 4th quarter. Meeder Asset Management Inc. now owns 6,113 shares of the utilities provider’s stock valued at $438,000 after acquiring an additional 1,690 shares in the last quarter. O Shaughnessy Asset Management LLC raised its position in NextEra Energy by 6.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 249,594 shares of the utilities provider’s stock valued at $17,893,000 after purchasing an additional 15,181 shares during the last quarter. United Bank boosted its stake in shares of NextEra Energy by 21.6% during the fourth quarter. United Bank now owns 13,035 shares of the utilities provider’s stock valued at $934,000 after purchasing an additional 2,315 shares in the last quarter. Brandywine Global Investment Management LLC bought a new stake in shares of NextEra Energy during the fourth quarter worth about $25,145,000. Finally, ClearBridge Investments Ltd lifted its holdings in shares of NextEra Energy by 19.1% during the fourth quarter. ClearBridge Investments Ltd now owns 4,452,303 shares of the utilities provider’s stock worth $319,186,000 after purchasing an additional 713,755 shares during the period. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

NEE has been the subject of several research reports. Evercore ISI reduced their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research report on Monday, January 27th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Scotiabank raised their price target on shares of NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research report on Thursday, December 12th. Guggenheim reissued a “buy” rating and set a $89.00 price objective on shares of NextEra Energy in a report on Thursday, March 20th. Finally, JPMorgan Chase & Co. raised their target price on NextEra Energy from $90.00 to $91.00 and gave the company an “overweight” rating in a report on Tuesday, March 11th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $85.92.

NextEra Energy Trading Up 0.6 %

Shares of NextEra Energy stock opened at $70.44 on Monday. The firm has a market cap of $144.90 billion, a PE ratio of 20.90, a P/E/G ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. NextEra Energy, Inc. has a 1 year low of $61.31 and a 1 year high of $86.10. The stock has a fifty day moving average price of $70.67 and a 200-day moving average price of $75.08.

NextEra Energy (NYSE:NEE) last issued its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (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%. Equities research analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a dividend of $0.5665 per share. The ex-dividend date was Friday, February 28th. This represents a $2.27 annualized dividend and a dividend yield of 3.22%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.52. NextEra Energy’s dividend payout ratio is currently 67.06%.

Insiders Place Their Bets

In other news, CAO James Michael May sold 2,383 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the transaction, the chief accounting officer now directly owns 27,427 shares in the company, valued at $1,867,504.43. The trade was a 7.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is owned by corporate insiders.

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.