NextEra Energy, Inc. (NYSE:NEE) Shares Acquired by Mosaic Family Wealth Partners LLC

Mosaic Family Wealth Partners LLC grew its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,341 shares of the utilities provider’s stock after buying an additional 1,322 shares during the quarter. Mosaic Family Wealth Partners LLC’s holdings in NextEra Energy were worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Norges Bank acquired a new stake in NextEra Energy in the fourth quarter valued at $2,774,845,000. Moneta Group Investment Advisors LLC boosted its position in shares of NextEra Energy by 66,613.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 30,263,816 shares of the utilities provider’s stock worth $2,530,055,000 after purchasing an additional 30,218,452 shares in the last quarter. Mizuho Markets Americas LLC acquired a new stake in shares of NextEra Energy in the 3rd quarter valued at about $141,817,000. Nordea Investment Management AB increased its position in NextEra Energy by 59.1% in the 3rd quarter. Nordea Investment Management AB now owns 5,784,080 shares of the utilities provider’s stock valued at $337,096,000 after buying an additional 2,148,205 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in NextEra Energy by 7,999.6% during the 4th quarter. International Assets Investment Management LLC now owns 2,173,459 shares of the utilities provider’s stock worth $132,016,000 after buying an additional 2,146,625 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on NEE shares. Wells Fargo & Company boosted their price target on shares of NextEra Energy from $84.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, March 19th. Mizuho reissued a “buy” rating and set a $67.00 price objective (up from $65.00) on shares of NextEra Energy in a report on Friday, March 15th. Barclays assumed coverage on NextEra Energy in a research report on Wednesday. They set an “equal weight” rating and a $66.00 target price on the stock. StockNews.com cut NextEra Energy from a “hold” rating to a “sell” rating in a research note on Monday, February 19th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $74.00 price objective on shares of NextEra Energy in a report on Tuesday, January 30th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have assigned 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 $72.00.

NextEra Energy Trading Down 0.1 %

Shares of NEE traded down $0.07 during trading hours on Thursday, reaching $63.94. 12,142,088 shares of the company traded hands, compared to its average volume of 11,875,107. NextEra Energy, Inc. has a 12 month low of $47.15 and a 12 month high of $79.78. The company has a quick ratio of 0.47, a current ratio of 0.55 and a debt-to-equity ratio of 1.06. The company’s fifty day moving average price is $59.00 and its two-hundred day moving average price is $58.33. The company has a market capitalization of $131.23 billion, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 2.30 and a beta of 0.51.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, January 25th. The utilities provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.49 by $0.03. NextEra Energy had a net margin of 26.00% and a return on equity of 11.73%. The business had revenue of $6.88 billion during the quarter, compared to analyst estimates of $5.72 billion. During the same period last year, the business posted $0.51 earnings per share. Equities research analysts predict that NextEra Energy, Inc. will post 3.44 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Tuesday, February 27th were given a dividend of $0.515 per share. The ex-dividend date was Monday, February 26th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.47. This represents a $2.06 annualized dividend and a dividend yield of 3.22%. NextEra Energy’s payout ratio is currently 57.06%.

NextEra Energy 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,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.