Brighton Jones LLC Acquires 821 Shares of NextEra Energy, Inc. $NEE

Brighton Jones LLC increased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,135 shares of the utilities provider’s stock after purchasing an additional 821 shares during the period. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,092,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of NEE. Revolve Wealth Partners LLC increased its position in NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 298 shares during the last quarter. GAMMA Investing LLC increased its position in NextEra Energy by 20.7% during the first quarter. GAMMA Investing LLC now owns 34,681 shares of the utilities provider’s stock valued at $2,459,000 after acquiring an additional 5,949 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in NextEra Energy by 31.4% during the first quarter. Robeco Institutional Asset Management B.V. now owns 295,748 shares of the utilities provider’s stock valued at $20,966,000 after acquiring an additional 70,663 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in NextEra Energy by 12.0% during the first quarter. Creative Financial Designs Inc. ADV now owns 2,909 shares of the utilities provider’s stock valued at $206,000 after acquiring an additional 311 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in NextEra Energy by 50.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 329,409 shares of the utilities provider’s stock valued at $22,168,000 after acquiring an additional 109,806 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 1.4%

NYSE NEE opened at $84.42 on Monday. The company’s 50-day moving average price is $76.64 and its 200-day moving average price is $72.88. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36. The stock has a market cap of $173.85 billion, a PE ratio of 29.52, a PEG ratio of 2.85 and a beta of 0.66. NextEra Energy, Inc. has a 12 month low of $61.72 and a 12 month high of $86.74.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 21st will be issued a $0.5665 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.27 dividend on an annualized basis and a dividend yield of 2.7%. NextEra Energy’s dividend payout ratio is presently 79.37%.

Insider Transactions at NextEra Energy

In other news, EVP Mark Lemasney sold 846 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $74.90, for a total value of $63,365.40. Following the transaction, the executive vice president directly owned 9,267 shares in the company, valued at approximately $694,098.30. This represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Michael Dunne sold 10,000 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $70.79, for a total transaction of $707,900.00. Following the transaction, the executive vice president owned 62,064 shares in the company, valued at approximately $4,393,510.56. The trade was a 13.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,028 shares of company stock worth $1,738,973. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NEE. Melius Research upgraded shares of NextEra Energy to a “strong-buy” rating in a research report on Wednesday, August 20th. New Street Research set a $84.00 price objective on shares of NextEra Energy in a research report on Monday, October 13th. Mizuho set a $78.00 price objective on shares of NextEra Energy in a research report on Thursday, August 21st. Morgan Stanley reiterated an “overweight” rating and set a $95.00 price objective (down previously from $96.00) on shares of NextEra Energy in a research report on Thursday, September 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of NextEra Energy in a research report on Tuesday, October 14th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.38.

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.