9,846 NextEra Energy, Inc. $NEE Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 10.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 101,327 shares of the utilities provider’s stock after acquiring an additional 9,846 shares during the quarter. Vise Technologies Inc.’s holdings in NextEra Energy were worth $7,674,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of NEE. Czech National Bank boosted its holdings in NextEra Energy by 4.7% in the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after purchasing an additional 26,378 shares in the last quarter. Annex Advisory Services LLC raised its stake in shares of NextEra Energy by 13.9% during the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock worth $62,405,000 after buying an additional 86,585 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of NextEra Energy by 4.1% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 544,574 shares of the utilities provider’s stock worth $47,797,000 after buying an additional 21,569 shares in the last quarter. CV Advisors LLC purchased a new position in shares of NextEra Energy during the 2nd quarter worth approximately $1,404,000. Finally, Avity Investment Management Inc. lifted its holdings in shares of NextEra Energy by 5.7% in the 2nd quarter. Avity Investment Management Inc. now owns 500,576 shares of the utilities provider’s stock valued at $43,936,000 after buying an additional 26,848 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NEE has been the topic of a number of analyst reports. BTIG Research set a $106.00 price target on NextEra Energy in a research note on Thursday, October 22nd. Wall Street Zen raised NextEra Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, October 17th. Morgan Stanley set a $110.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research report on Wednesday, October 14th. Weiss Ratings raised NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 22nd. Finally, HSBC set a $103.00 target price on NextEra Energy in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $97.80.

NextEra Energy Trading Up 1.7%

Shares of NEE opened at $85.17 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.45 and a debt-to-equity ratio of 1.33. The firm’s 50-day moving average is $80.27 and its two-hundred day moving average is $87.19. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75. The firm has a market capitalization of $178.62 billion, a P/E ratio of 15.35, a PEG ratio of 2.51 and a beta of 0.64.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.04. NextEra Energy had a net margin of 40.37% and a return on equity of 12.27%. The company had revenue of $8.09 billion during the quarter, compared to the consensus estimate of $8.47 billion. During the same period last year, the firm earned $1.13 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Friday, November 27th will be issued a $0.6232 dividend. The ex-dividend date is Friday, November 27th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 44.86%.

NextEra Energy Profile

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.