NextEra Energy Inc (NYSE:NEE) CEO Armando Pimentel, Jr. sold 42,372 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total value of $6,671,471.40. Following the transaction, the chief executive officer now directly owns 121,958 shares of the company’s stock, valued at $19,202,287.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of NextEra Energy Inc (NEE) traded up $2.14 during trading hours on Thursday, reaching $157.78. The company had a trading volume of 1,983,800 shares, compared to its average volume of 1,684,582. NextEra Energy Inc has a 1 year low of $114.80 and a 1 year high of $159.28. The company has a market capitalization of $73,212.69, a PE ratio of 23.33, a price-to-earnings-growth ratio of 3.10 and a beta of 0.31. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.49 and a current ratio of 0.61.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, October 26th. The utilities provider reported $1.85 earnings per share for the quarter, topping 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 firm had revenue of $4.81 billion for the quarter, compared to analysts’ expectations of $4.89 billion. During the same period in the previous year, the company posted $1.74 EPS. The company’s quarterly revenue was up .1% compared to the same quarter last year. equities analysts predict that NextEra Energy Inc will post 6.73 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a dividend of $0.9825 per share. This represents a $3.93 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend is Wednesday, November 22nd. NextEra Energy’s dividend payout ratio is 44.16%.

A number of institutional investors have recently added to or reduced their stakes in the business. Hanson McClain Inc. raised its holdings 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 worth $107,000 after acquiring an additional 43 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in shares of NextEra Energy by 8.9% in the 1st 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. Risk Paradigm Group LLC grew its position in shares of NextEra Energy by 108.1% in the 3rd quarter. Risk Paradigm Group LLC now owns 851 shares of the utilities provider’s stock valued at $125,000 after acquiring an additional 442 shares during the period. Archford Capital Strategies LLC grew its position in shares of NextEra Energy by 76.9% in the 2nd 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. Finally, Highstreet Asset Management Inc. acquired a new stake in shares of NextEra Energy during the 2nd quarter worth about $134,000. 75.63% of the stock is owned by hedge funds and other institutional investors.

Several analysts have commented on NEE shares. KeyCorp reaffirmed a “buy” rating and set a $155.00 price objective on shares of NextEra Energy in a research note on Thursday, October 12th. Bank of America assumed coverage on NextEra Energy in a research note on Tuesday, October 24th. They set a “buy” rating and a $166.00 target price for the company. Zacks Investment Research upgraded NextEra Energy from a “hold” rating to a “buy” rating and set a $165.00 price target on the stock in a report on Tuesday, October 10th. Credit Suisse Group began coverage on NextEra Energy in a report on Thursday. They issued an “outperform” rating and a $173.00 price target on the stock. Finally, Morgan Stanley increased their target price on NextEra Energy from $163.00 to $167.00 and gave the company an “overweight” rating in a report on Thursday, August 10th. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $157.73.

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NextEra Energy Company Profile

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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