NextEra Energy, Inc. (NYSE:NEE) Shares Sold by LWM Advisory Services LLC

LWM Advisory Services LLC lessened its position in NextEra Energy, Inc. (NYSE:NEE) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,282 shares of the utilities provider’s stock after selling 184 shares during the period. NextEra Energy makes up 0.8% of LWM Advisory Services LLC’s portfolio, making the stock its 28th biggest position. LWM Advisory Services LLC’s holdings in NextEra Energy were worth $1,095,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of NEE. Burkett Financial Services LLC increased its holdings in shares of NextEra Energy by 1,229.6% in the 4th 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. Reston Wealth Management LLC acquired a new stake in shares of NextEra Energy in the 3rd quarter worth about $27,000. Sugar Maple Asset Management LLC acquired a new stake in shares of NextEra Energy in the 4th quarter worth about $28,000. Quarry LP acquired a new stake in shares of NextEra Energy in the 3rd quarter worth about $33,000. Finally, Luken Investment Analytics LLC acquired a new stake in shares of NextEra Energy in the 4th quarter worth about $36,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NYSE:NEE opened at $71.74 on Friday. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The company has a 50-day moving average of $70.53 and a 200-day moving average of $76.56. The firm has a market cap of $147.56 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58.

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 analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. Analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.5665 per share. The ex-dividend date is Friday, February 28th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a yield of 3.16%. NextEra Energy’s dividend payout ratio is currently 67.06%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Scotiabank increased their target price 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. Morgan Stanley increased their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Jefferies Financial Group decreased their target price on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. BMO Capital Markets increased their target price on shares of NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. decreased their target price on shares of NextEra Energy from $99.00 to $90.00 in a research report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, NextEra Energy presently has a consensus rating of “Hold” and an average price target of $85.85.

Insider Buying and Selling at NextEra Energy

In other news, CAO James Michael May sold 2,383 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the completion of the sale, the chief accounting officer now directly owns 27,427 shares of the company’s stock, valued at $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.18% of the company’s stock.

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.