Windward Capital Management Co. CA Has $31.71 Million Holdings in NextEra Energy, Inc. (NYSE:NEE)

Windward Capital Management Co. CA decreased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 442,336 shares of the utilities provider’s stock after selling 2,685 shares during the quarter. NextEra Energy makes up approximately 2.4% of Windward Capital Management Co. CA’s portfolio, making the stock its 11th biggest position. Windward Capital Management Co. CA’s holdings in NextEra Energy were worth $31,711,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NEE. Burkett Financial Services LLC raised its stake in shares of NextEra Energy by 1,229.6% during the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 332 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in NextEra Energy in the third quarter valued at $27,000. Sugar Maple Asset Management LLC bought a new position in NextEra Energy during the 4th quarter worth $28,000. Quarry LP acquired a new position in NextEra Energy during the 3rd quarter worth about $33,000. Finally, Luken Investment Analytics LLC bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $36,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 1.6 %

NYSE NEE opened at $69.92 on Wednesday. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. NextEra Energy, Inc. has a 52 week low of $53.95 and a 52 week high of $86.10. The business has a 50 day moving average price of $72.40 and a 200-day moving average price of $77.14. The company has a market cap of $143.78 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 2.50 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results 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%. As a group, equities analysts expect that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

NEE has been the subject of a number of analyst reports. Barclays raised their price objective on NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Jefferies Financial Group lowered their price target on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Royal Bank of Canada lowered shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Guggenheim lifted their target price on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Finally, Scotiabank boosted their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a report on Thursday, December 12th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $85.85.

Insider Buying and Selling

In related news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following the transaction, the executive vice president now owns 15,792 shares of the company’s stock, valued at $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is currently owned by company insiders.

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.