D Orazio & Associates Inc. Boosts Holdings in NextEra Energy, Inc. (NYSE:NEE)

D Orazio & Associates Inc. increased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 45.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,442 shares of the utilities provider’s stock after buying an additional 1,072 shares during the quarter. D Orazio & Associates Inc.’s holdings in NextEra Energy were worth $247,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Burkett Financial Services LLC raised its position in NextEra Energy by 1,229.6% in the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 332 shares during the period. Reston Wealth Management LLC acquired a new stake in shares of NextEra Energy during the 3rd quarter worth about $27,000. Sugar Maple Asset Management LLC acquired a new stake in shares of NextEra Energy during the 4th quarter worth about $28,000. Quarry LP purchased a new stake in NextEra Energy in the 3rd quarter valued at about $33,000. Finally, Luken Investment Analytics LLC acquired a new position in NextEra Energy in the fourth quarter valued at about $36,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NEE opened at $68.24 on Friday. The stock has a 50-day simple moving average of $71.87 and a 200-day simple moving average of $77.02. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. NextEra Energy, Inc. has a 1 year low of $53.95 and a 1 year high of $86.10. The stock has a market capitalization of $140.33 billion, a PE ratio of 20.25, a PEG ratio of 2.42 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

Insider Activity at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following the completion of 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 filing with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barclays lifted their price target on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Jefferies Financial Group cut their target price on NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Morgan Stanley raised their price target on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. cut their price objective on NextEra Energy from $99.00 to $90.00 in a report on Monday, January 27th. Finally, Guggenheim raised their target price on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, NextEra Energy presently has an average rating of “Hold” and an average price target of $85.85.

NextEra Energy Company 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.