Campbell Wealth Management Boosts Stake in NextEra Energy, Inc. (NYSE:NEE)

Campbell Wealth Management grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 22.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,775 shares of the utilities provider’s stock after acquiring an additional 2,486 shares during the quarter. NextEra Energy comprises about 0.1% of Campbell Wealth Management’s portfolio, making the stock its 28th biggest position. Campbell Wealth Management’s holdings in NextEra Energy were worth $988,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in NEE. Tandem Capital Management Corp ADV grew its stake in NextEra Energy by 1.3% in the third quarter. Tandem Capital Management Corp ADV now owns 9,935 shares of the utilities provider’s stock valued at $840,000 after purchasing an additional 125 shares during the last quarter. Taylor & Morgan Wealth Management LLC grew its position in shares of NextEra Energy by 1.7% in the 3rd quarter. Taylor & Morgan Wealth Management LLC now owns 7,744 shares of the utilities provider’s stock worth $655,000 after buying an additional 126 shares during the last quarter. Insight Folios Inc raised its stake in shares of NextEra Energy by 1.5% during the 3rd quarter. Insight Folios Inc now owns 8,439 shares of the utilities provider’s stock worth $713,000 after acquiring an additional 126 shares in the last quarter. Osborne Partners Capital Management LLC lifted its position in NextEra Energy by 1.2% during the third quarter. Osborne Partners Capital Management LLC now owns 10,724 shares of the utilities provider’s stock valued at $906,000 after acquiring an additional 128 shares during the last quarter. Finally, Boston Trust Walden Corp boosted its stake in NextEra Energy by 0.4% in the third quarter. Boston Trust Walden Corp now owns 30,720 shares of the utilities provider’s stock valued at $2,597,000 after acquiring an additional 130 shares in the last quarter. 78.72% of the stock is owned by institutional investors.

NextEra Energy Stock Down 1.0 %

NYSE:NEE opened at $68.61 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The company’s fifty day moving average price is $71.27 and its 200-day moving average price is $76.92. NextEra Energy, Inc. has a 1-year low of $53.95 and a 1-year high of $86.10. The firm has a market capitalization of $141.10 billion, a P/E ratio of 20.36, a PEG ratio of 2.42 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 earnings per share for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, equities research analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. BMO Capital Markets upped their price target on NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Barclays upped their target price on NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Scotiabank raised their price target on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Guggenheim upped their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Jefferies Financial Group lowered their target price on shares of NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $85.85.

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.