NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Semus Wealth Partners LLC

Semus Wealth Partners LLC trimmed its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,205 shares of the utilities provider’s stock after selling 424 shares during the period. Semus Wealth Partners LLC’s holdings in NextEra Energy were worth $609,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of NEE. Catalytic Wealth RIA LLC acquired a new position in NextEra Energy in the first quarter valued at $212,000. Rockport Wealth LLC acquired a new position in NextEra Energy in the first quarter valued at $231,000. O Shaughnessy Asset Management LLC boosted its holdings in NextEra Energy by 26.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 147,600 shares of the utilities provider’s stock valued at $9,433,000 after acquiring an additional 30,457 shares during the last quarter. PYA Waltman Capital LLC boosted its holdings in NextEra Energy by 10.4% in the first quarter. PYA Waltman Capital LLC now owns 12,176 shares of the utilities provider’s stock valued at $778,000 after acquiring an additional 1,143 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in NextEra Energy in the first quarter valued at $334,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $76.13 on Monday. The company has a current ratio of 0.41, a quick ratio of 0.33 and a debt-to-equity ratio of 1.11. The stock has a 50 day simple moving average of $81.53 and a 200-day simple moving average of $77.55. The company has a market cap of $156.55 billion, a PE ratio of 22.59, a P/E/G ratio of 2.76 and a beta of 0.57. NextEra Energy, Inc. has a 12-month low of $53.95 and a 12-month high of $86.10.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.05. The business had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share. On average, equities research analysts forecast that NextEra Energy, Inc. will post 3.41 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be issued a $0.515 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.06 annualized dividend and a dividend yield of 2.71%. NextEra Energy’s dividend payout ratio is currently 60.95%.

Insider Buying and Selling at NextEra Energy

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

Analyst Ratings Changes

A number of brokerages recently weighed in on NEE. Wells Fargo & Company lifted their target price on NextEra Energy from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Tuesday, September 3rd. JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. BMO Capital Markets boosted their price objective on NextEra Energy from $83.00 to $91.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. Scotiabank boosted their price objective on NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 20th. Finally, Guggenheim boosted their price objective on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $86.54.

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.