NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Atomi Financial Group Inc.

Atomi Financial Group Inc. grew its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 89.2% during the first quarter, Holdings Channel reports. The firm owned 19,777 shares of the utilities provider’s stock after acquiring an additional 9,324 shares during the quarter. Atomi Financial Group Inc.’s holdings in NextEra Energy were worth $1,264,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Clear Investment Research LLC increased its holdings in NextEra Energy by 387.2% in the fourth quarter. Clear Investment Research LLC now owns 458 shares of the utilities provider’s stock valued at $28,000 after buying an additional 364 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new position in NextEra Energy in the fourth quarter valued at $29,000. American Capital Advisory LLC increased its holdings in NextEra Energy by 74.5% in the first quarter. American Capital Advisory LLC now owns 480 shares of the utilities provider’s stock valued at $31,000 after buying an additional 205 shares during the last quarter. Stuart Chaussee & Associates Inc. increased its holdings in NextEra Energy by 315.4% in the fourth quarter. Stuart Chaussee & Associates Inc. now owns 540 shares of the utilities provider’s stock valued at $33,000 after buying an additional 410 shares during the last quarter. Finally, Rakuten Securities Inc. purchased a new position in NextEra Energy in the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Down 5.8 %

NextEra Energy stock traded down $4.38 during midday trading on Monday, hitting $71.62. 11,009,171 shares of the stock were exchanged, compared to its average volume of 11,729,216. NextEra Energy, Inc. has a 1 year low of $47.15 and a 1 year high of $80.47. The firm has a market cap of $147.15 billion, a P/E ratio of 19.73, a P/E/G ratio of 2.60 and a beta of 0.54. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.51 and a quick ratio of 0.43. The company has a 50 day moving average price of $74.27 and a two-hundred day moving average price of $65.34.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Tuesday, April 23rd. The utilities provider reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. NextEra Energy had a net margin of 27.62% and a return on equity of 11.72%. The business had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the prior year, the firm earned $0.84 EPS. The company’s revenue for the quarter was down 14.7% compared to the same quarter last year. On average, sell-side analysts predict that NextEra Energy, Inc. will post 3.4 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date was Monday, June 3rd. NextEra Energy’s payout ratio is 56.13%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Royal Bank of Canada upped their price objective on shares of NextEra Energy from $74.00 to $84.00 and gave the company an “outperform” rating in a research note on Wednesday, June 12th. StockNews.com upgraded shares of NextEra Energy from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Mizuho downgraded shares of NextEra Energy from a “buy” rating to a “neutral” rating and set a $71.00 target price for the company. in a research note on Wednesday, June 12th. Wells Fargo & Company restated an “overweight” rating and issued a $95.00 price objective on shares of NextEra Energy in a research report on Wednesday, June 12th. Finally, Scotiabank raised their price objective on shares of NextEra Energy from $69.00 to $73.00 and gave the company a “sector outperform” rating in a research report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $77.79.

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.