Compton Wealth Advisory Group LLC Acquires 1,350 Shares of NextEra Energy, Inc. (NYSE:NEE)

Compton Wealth Advisory Group LLC raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 17.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,100 shares of the utilities provider’s stock after acquiring an additional 1,350 shares during the period. Compton Wealth Advisory Group LLC’s holdings in NextEra Energy were worth $652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Capital Investment Advisors LLC lifted its stake in NextEra Energy by 1.5% in the fourth quarter. Capital Investment Advisors LLC now owns 62,400 shares of the utilities provider’s stock worth $4,473,000 after acquiring an additional 951 shares during the period. Brookstone Capital Management lifted its stake in NextEra Energy by 13.8% in the fourth quarter. Brookstone Capital Management now owns 87,448 shares of the utilities provider’s stock worth $6,269,000 after acquiring an additional 10,635 shares during the period. Fiduciary Alliance LLC lifted its stake in NextEra Energy by 8.7% in the fourth quarter. Fiduciary Alliance LLC now owns 112,669 shares of the utilities provider’s stock worth $8,077,000 after acquiring an additional 9,039 shares during the period. Winthrop Advisory Group LLC purchased a new stake in NextEra Energy in the fourth quarter worth $217,000. Finally, Aprio Wealth Management LLC lifted its stake in NextEra Energy by 9.5% in the fourth quarter. Aprio Wealth Management LLC now owns 4,204 shares of the utilities provider’s stock worth $301,000 after acquiring an additional 364 shares during the period. Institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on NEE shares. Guggenheim raised their price target on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada lowered NextEra Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. Barclays raised their price objective on NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. BMO Capital Markets raised their price objective on NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Finally, Morgan Stanley lowered their price objective on NextEra Energy from $95.00 to $94.00 and set an “overweight” rating for the company in a research report on Friday, November 22nd. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $87.15.

NextEra Energy Stock Performance

Shares of NextEra Energy stock traded down $1.43 during trading hours on Monday, reaching $65.95. 5,887,629 shares of the stock traded hands, compared to its average volume of 7,943,740. The company has a 50 day moving average price of $74.23 and a 200 day moving average price of $77.32. The firm has a market capitalization of $135.62 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 2.66 and a beta of 0.58. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.05. The business had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.94 EPS. On average, equities research analysts expect that NextEra Energy, Inc. will post 3.41 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 22nd were paid a dividend of $0.515 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.12%. NextEra Energy’s dividend payout ratio is currently 60.95%.

Insider Buying and Selling at NextEra Energy

In related news, EVP Nicole J. Daggs sold 4,007 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the transaction, the executive vice president now owns 15,792 shares of the company’s stock, valued at approximately $1,193,401.44. This represents a 20.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate 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.