NextEra Energy, Inc. (NYSE:NEE) Director James L. Robo sold 30,000 shares of the stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $151.52, for a total transaction of $4,545,600.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of NextEra Energy, Inc. (NYSE NEE) traded down $0.58 during trading hours on Friday, hitting $152.80. 1,656,161 shares of the company’s stock traded hands, compared to its average volume of 1,452,984. The company has a market cap of $70,493.79, a price-to-earnings ratio of 22.47 and a beta of 0.31.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Thursday, October 26th. The utilities provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.77 by $0.08. NextEra Energy had a net margin of 24.81% and a return on equity of 11.86%. The company had revenue of $4.81 billion for the quarter, compared to analyst estimates of $4.89 billion. During the same quarter last year, the business earned $1.74 earnings per share. NextEra Energy’s revenue was up .1% compared to the same quarter last year. sell-side analysts predict that NextEra Energy, Inc. will post 6.73 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be paid a dividend of $0.9825 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.57%. NextEra Energy’s dividend payout ratio is presently 44.16%.

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Several equities research analysts recently weighed in on the stock. BidaskClub upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Morgan Stanley increased their price objective on shares of NextEra Energy from $163.00 to $167.00 and gave the stock an “overweight” rating in a research note on Thursday, August 10th. Royal Bank Of Canada reiterated an “outperform” rating and set a $147.00 price objective (up previously from $144.00) on shares of NextEra Energy in a research note on Sunday, July 9th. Bank of America Corporation assumed coverage on shares of NextEra Energy in a research note on Tuesday, October 24th. They set a “buy” rating and a $166.00 price objective on the stock. Finally, Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $154.69.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hanson McClain Inc. increased its stake in shares of NextEra Energy by 6.0% during the second quarter. Hanson McClain Inc. now owns 763 shares of the utilities provider’s stock valued at $107,000 after acquiring an additional 43 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in shares of NextEra Energy by 8.9% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 871 shares of the utilities provider’s stock valued at $112,000 after acquiring an additional 71 shares during the period. Archford Capital Strategies LLC increased its stake in shares of NextEra Energy by 76.9% during the second quarter. Archford Capital Strategies LLC now owns 10,000 shares of the utilities provider’s stock valued at $128,000 after acquiring an additional 4,347 shares during the period. Highstreet Asset Management Inc. acquired a new position in shares of NextEra Energy during the second quarter valued at approximately $134,000. Finally, Atlantic Trust LLC acquired a new position in shares of NextEra Energy during the second quarter valued at approximately $154,000. Institutional investors and hedge funds own 75.30% of the company’s stock.

About NextEra Energy

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

Insider Buying and Selling by Quarter for NextEra Energy (NYSE:NEE)

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