Curated Wealth Partners LLC Increases Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Curated Wealth Partners LLC increased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 23.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,460 shares of the utilities provider’s stock after buying an additional 1,221 shares during the period. Curated Wealth Partners LLC’s holdings in NextEra Energy were worth $463,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in NEE. Reston Wealth Management LLC acquired a new stake in shares of NextEra Energy in the third quarter valued at approximately $27,000. Burkett Financial Services LLC lifted its stake in NextEra Energy by 1,229.6% in the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after buying an additional 332 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new stake in NextEra Energy during the 4th quarter valued at $28,000. Quarry LP purchased a new position in NextEra Energy during the third quarter worth $33,000. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of NextEra Energy in the third quarter worth $39,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NYSE:NEE opened at $72.91 on Friday. The firm has a market capitalization of $149.93 billion, a PE ratio of 21.57, a P/E/G ratio of 2.29 and a beta of 0.58. NextEra Energy, Inc. has a 12 month low of $53.95 and a 12 month high of $86.10. 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 50-day moving average of $73.09 and a two-hundred day moving average of $77.12.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results 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%. As a group, research analysts forecast that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

Insider Activity at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the transaction, the executive vice president now directly owns 15,792 shares of the company’s stock, 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 document filed with the SEC, which is available through this hyperlink. Company insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

NEE has been the subject of a number of recent research reports. BMO Capital Markets lifted their price objective on NextEra Energy from $83.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. 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 research report on Friday, October 25th. Morgan Stanley raised their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday. Scotiabank boosted their price target on NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada cut NextEra Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $87.15.

NextEra Energy 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.