Accel Wealth Management Acquires 145 Shares of NextEra Energy, Inc. (NYSE:NEE)

Accel Wealth Management boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,615 shares of the utilities provider’s stock after acquiring an additional 145 shares during the period. Accel Wealth Management’s holdings in NextEra Energy were worth $618,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Nordea Investment Management AB increased its holdings in shares of NextEra Energy by 20.9% during the fourth quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock valued at $634,703,000 after acquiring an additional 1,525,436 shares in the last quarter. Border to Coast Pensions Partnership Ltd increased its stake in NextEra Energy by 2.2% during the 3rd quarter. Border to Coast Pensions Partnership Ltd now owns 1,216,077 shares of the utilities provider’s stock valued at $102,495,000 after purchasing an additional 26,270 shares in the last quarter. Swiss National Bank lifted its stake in shares of NextEra Energy by 0.4% in the third quarter. Swiss National Bank now owns 6,098,200 shares of the utilities provider’s stock worth $515,481,000 after buying an additional 21,400 shares in the last quarter. Czech National Bank lifted its stake in shares of NextEra Energy by 6.5% in the fourth quarter. Czech National Bank now owns 445,870 shares of the utilities provider’s stock worth $31,964,000 after buying an additional 27,340 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in shares of NextEra Energy by 5.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 171,735 shares of the utilities provider’s stock valued at $12,312,000 after buying an additional 9,425 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Trading Up 5.3 %

NYSE:NEE opened at $72.91 on Friday. The firm has a market capitalization of $149.93 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 2.29 and a beta of 0.58. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. The business has a fifty day moving average price of $73.02 and a 200-day moving average price of $77.12. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a net margin of 26.49% and a return on equity of 11.94%. Sell-side analysts forecast that NextEra Energy, Inc. will post 3.41 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank of Canada cut NextEra Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. Dbs Bank cut NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Morgan Stanley boosted their target price on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday. Guggenheim raised their price target 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, Barclays boosted their price objective on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $87.15.

Insider Transactions at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction that occurred 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 owns 15,792 shares in the company, valued at $1,193,401.44. This trade represents a 20.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.18% of the company’s stock.

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.