2 weeks Ago By Defense World Staff
Core Alternative Capital cut its stake in NextEra Energy, Inc. ( NYSE:NEE – Free Report ) by 8.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The institutional investor owned 116,658 shares of the utilities provider’s stock after selling 11,188 shares during the period. NextEra Energy comprises approximately 1.7% of Core Alternative Capital’s holdings, making the stock its 18th largest holding.
Core Alternative Capital’s holdings in NextEra Energy were worth $8,261,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of the stock. Proffitt & Goodson Inc.
raised its stake in NextEra Energy by 64.0% during the second quarter. Proffitt & Goodson Inc.
now owns 369 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 144 shares in the last quarter. Semmax Financial Advisors Inc. grew its holdings in shares of NextEra Energy by 197.
4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 225 shares during the last quarter.
American Capital Advisory LLC increased its position in shares of NextEra Energy by 74.5% during the 1st quarter. American Capital Advisory LLC now owns 480 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 205 shares in the last quarter.
Valley Wealth Managers Inc. bought a new position in NextEra Energy during the 2nd quarter valued at about $33,000. Finally, Neo Ivy Capital Management acquired a new position in NextEra Energy in the fourth quarter valued at about $40,000.
Institutional investors own 78.72% of the company’s stock. NextEra Energy Stock Performance NEE stock opened at $84.
54 on Monday. NextEra Energy, Inc. has a twelve month low of $47.
15 and a twelve month high of $85.56. The company has a quick ratio of 0.
41, a current ratio of 0.49 and a debt-to-equity ratio of 1.15.
The company has a market cap of $173.69 billion, a P/E ratio of 23.04, a price-to-earnings-growth ratio of 3.
08 and a beta of 0.56. The business’s fifty day moving average is $79.
62 and its 200-day moving average is $73.39. NextEra Energy Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Monday, September 16th.
Investors of record on Friday, August 30th were issued a dividend of $0.515 per share. The ex-dividend date was Friday, August 30th.
This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.44%.
NextEra Energy’s payout ratio is 56.13%. Insider Activity at NextEra Energy In other NextEra Energy news, EVP Nicole J.
Daggs sold 658 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.
26. Following the completion of the transaction, the executive vice president now owns 100 shares in the company, valued at approximately $7,697. The transaction was disclosed in a filing with the SEC, which is available through the SEC website .
0.18% of the stock is currently owned by insiders. Analyst Upgrades and Downgrades Several research firms have recently weighed in on NEE.
Jefferies Financial Group began coverage on shares of NextEra Energy in a report on Thursday, September 19th. They set a “hold” rating and a $87.00 price objective for the company.
Bank of America lifted their price objective on NextEra Energy from $77.00 to $81.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th.
Evercore ISI increased their target price on NextEra Energy from $70.00 to $75.00 and gave the stock an “in-line” rating in a report on Wednesday, June 12th.
Wells Fargo & Company lifted their price target on NextEra Energy from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Tuesday, September 3rd.
Finally, JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $91.00 to $94.
00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.
com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $82.07. Get Our Latest Analysis on NEE NextEra Energy Profile ( Free Report ) 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. Further Reading Five stocks we like better than NextEra Energy What Are Trending Stocks? Trending Stocks Explained Watch These 3 Former Short-Squeeze Stocks for a Big Rally Profitably Trade Stocks at 52-Week Highs Simon Property REIT: A Safe Bet for Growth and Steady Dividends ETF Screener: Uses and Step-by-Step Guide CarMax’s Impressive Rally: What Investors Should Watch Next Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.
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