Sloy Dahl & Holst LLC Purchases Shares of 2,853 NextEra Energy, Inc. (NYSE:NEE)

Sloy Dahl & Holst LLC bought a new position in NextEra Energy, Inc. (NYSE:NEE) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 2,853 shares of the utilities provider’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC increased its stake in shares of NextEra Energy by 8,641.5% in the 3rd quarter. International Assets Investment Management LLC now owns 3,861,208 shares of the utilities provider’s stock worth $326,388,000 after acquiring an additional 3,817,037 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of NextEra Energy by 4,058.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,366,795 shares of the utilities provider’s stock worth $200,065,000 after acquiring an additional 2,309,876 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of NextEra Energy by 20.9% in the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock worth $634,703,000 after acquiring an additional 1,525,436 shares in the last quarter. National Bank of Canada FI increased its stake in shares of NextEra Energy by 167.7% in the 3rd quarter. National Bank of Canada FI now owns 2,186,225 shares of the utilities provider’s stock worth $184,795,000 after acquiring an additional 1,369,689 shares in the last quarter. Finally, Raymond James & Associates increased its stake in shares of NextEra Energy by 14.3% in the 3rd quarter. Raymond James & Associates now owns 6,809,093 shares of the utilities provider’s stock worth $575,573,000 after acquiring an additional 851,873 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NEE. BMO Capital Markets increased their price target on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Evercore ISI reduced their price objective on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research note on Monday, January 27th. Scotiabank raised their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 12th. Barclays raised their price target on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Finally, Morgan Stanley raised their price target on shares of NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, NextEra Energy has an average rating of “Hold” and a consensus price target of $85.85.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were 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 approximately $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.18% of the company’s stock.

NextEra Energy Trading Down 0.6 %

NEE stock opened at $71.11 on Tuesday. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The stock has a market capitalization of $146.23 billion, a price-to-earnings ratio of 21.10, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. The firm’s fifty day simple moving average is $72.51 and its two-hundred day simple moving average is $77.14.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

About NextEra Energy

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.