Schnieders Capital Management LLC Has $3.77 Million Holdings in NextEra Energy, Inc. (NYSE:NEE)

Schnieders Capital Management LLC reduced its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,610 shares of the utilities provider’s stock after selling 245 shares during the quarter. Schnieders Capital Management LLC’s holdings in NextEra Energy were worth $3,772,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Howard Capital Management Group LLC raised its stake in shares of NextEra Energy by 1.8% in the 3rd quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider’s stock valued at $25,293,000 after buying an additional 5,409 shares in the last quarter. Old Port Advisors acquired a new position in shares of NextEra Energy in the 3rd quarter valued at $223,000. Jacobsen Capital Management raised its stake in shares of NextEra Energy by 6.0% in the 3rd quarter. Jacobsen Capital Management now owns 4,096 shares of the utilities provider’s stock valued at $346,000 after buying an additional 232 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its stake in shares of NextEra Energy by 6.7% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 4,811 shares of the utilities provider’s stock valued at $407,000 after buying an additional 304 shares in the last quarter. Finally, Avitas Wealth Management LLC raised its stake in shares of NextEra Energy by 1.3% in the 3rd quarter. Avitas Wealth Management LLC now owns 38,773 shares of the utilities provider’s stock valued at $3,277,000 after buying an additional 485 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total value of $162,258.47. Following the transaction, the chief accounting officer now directly owns 27,427 shares in the company, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.18% of the company’s stock.

NextEra Energy Stock Down 0.4 %

NYSE:NEE opened at $70.97 on Thursday. The company has a market cap of $145.99 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. The stock’s fifty day moving average price is $70.47 and its two-hundred day moving average price is $76.42. NextEra Energy, Inc. has a 52-week low of $53.95 and a 52-week 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 analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. On average, analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a yield of 3.19%. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, February 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 67.06%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets increased their price objective on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Scotiabank upped their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Evercore ISI lowered their target price on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a report on Monday, January 27th. JPMorgan Chase & Co. lowered their target price on shares of NextEra Energy from $99.00 to $90.00 in a report on Monday, January 27th. Finally, Morgan Stanley upped their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.