Deborah H. Caplan Sells 3,054 Shares of NextEra Energy Inc (NEE) Stock

NextEra Energy Inc (NYSE:NEE) EVP Deborah H. Caplan sold 3,054 shares of NextEra Energy stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $183.50, for a total value of $560,409.00. Following the completion of the transaction, the executive vice president now owns 22,597 shares in the company, valued at approximately $4,146,549.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NEE traded up $1.05 during trading on Tuesday, hitting $185.09. The company’s stock had a trading volume of 1,101,253 shares, compared to its average volume of 2,306,713. NextEra Energy Inc has a twelve month low of $151.32 and a twelve month high of $185.11. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.29 and a current ratio of 0.36. The firm has a market cap of $88.08 billion, a PE ratio of 24.04, a price-to-earnings-growth ratio of 2.81 and a beta of 0.26.

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NextEra Energy (NYSE:NEE) last issued its earnings results on Friday, January 25th. The utilities provider reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). NextEra Energy had a return on equity of 10.01% and a net margin of 39.74%. The firm had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.84 billion. During the same period in the previous year, the company earned $1.25 earnings per share. NextEra Energy’s revenue for the quarter was up 9.6% compared to the same quarter last year. Research analysts predict that NextEra Energy Inc will post 8.39 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Thursday, February 28th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.70%. This is a positive change from NextEra Energy’s previous quarterly dividend of $1.11. The ex-dividend date is Wednesday, February 27th. NextEra Energy’s dividend payout ratio is presently 57.66%.

NEE has been the topic of a number of recent analyst reports. Zacks Investment Research cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. Morgan Stanley boosted their price target on NextEra Energy from $184.00 to $188.00 and gave the stock an “overweight” rating in a report on Tuesday, February 12th. Guggenheim restated a “buy” rating and set a $205.00 price target on shares of NextEra Energy in a report on Monday, January 7th. Royal Bank of Canada boosted their price target on NextEra Energy to $186.00 and gave the stock an “outperform” rating in a report on Thursday, November 1st. Finally, Credit Suisse Group reduced their price target on NextEra Energy from $185.00 to $173.00 and set an “outperform” rating on the stock in a report on Wednesday, October 24th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. NextEra Energy has an average rating of “Buy” and an average target price of $178.75.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of NextEra Energy by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 41,214,999 shares of the utilities provider’s stock valued at $6,907,634,000 after buying an additional 815,916 shares during the last quarter. Vanguard Group Inc lifted its holdings in NextEra Energy by 2.0% during the 3rd quarter. Vanguard Group Inc now owns 41,214,999 shares of the utilities provider’s stock worth $6,907,634,000 after purchasing an additional 815,916 shares in the last quarter. BlackRock Inc. lifted its holdings in NextEra Energy by 2.4% during the 4th quarter. BlackRock Inc. now owns 37,651,697 shares of the utilities provider’s stock worth $6,544,616,000 after purchasing an additional 886,301 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in NextEra Energy by 17,067.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 8,822,408 shares of the utilities provider’s stock worth $51,000 after purchasing an additional 8,771,018 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in NextEra Energy by 4.2% during the 4th quarter. Northern Trust Corp now owns 6,679,055 shares of the utilities provider’s stock worth $1,160,953,000 after purchasing an additional 270,346 shares in the last quarter. 77.71% of the stock is currently owned by institutional investors.

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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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.

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