Edmond DE Rothschild Holding S.A. Sells 1,000 Shares of NextEra Energy, Inc. (NYSE:NEE)

Edmond DE Rothschild Holding S.A. decreased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 6.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,000 shares of the utilities provider’s stock after selling 1,000 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in NextEra Energy were worth $1,926,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BlackRock Inc. boosted its position in shares of NextEra Energy by 3,384.2% in the first quarter. BlackRock Inc. now owns 37,833,468 shares of the utilities provider’s stock worth $4,856,682,000 after buying an additional 36,747,599 shares during the period. APG Asset Management N.V. boosted its position in shares of NextEra Energy by 75.0% in the first quarter. APG Asset Management N.V. now owns 1,971,565 shares of the utilities provider’s stock valued at $253,090,000 after buying an additional 844,862 shares during the period. Canada Pension Plan Investment Board boosted its position in shares of NextEra Energy by 7,771.4% in the first quarter. Canada Pension Plan Investment Board now owns 399,000 shares of the utilities provider’s stock valued at $51,220,000 after buying an additional 393,931 shares during the period. Swiss National Bank boosted its position in shares of NextEra Energy by 26.1% in the first quarter. Swiss National Bank now owns 1,851,224 shares of the utilities provider’s stock valued at $237,642,000 after buying an additional 382,800 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of NextEra Energy by 7.9% in the first quarter. Geode Capital Management LLC now owns 4,578,611 shares of the utilities provider’s stock valued at $586,925,000 after buying an additional 336,562 shares during the period. 76.72% of the stock is owned by institutional investors.

Shares of NextEra Energy, Inc. (NYSE:NEE) traded down 0.52% during mid-day trading on Friday, hitting $146.95. 336,143 shares of the stock were exchanged. The stock has a 50-day moving average price of $143.21 and a 200 day moving average price of $134.86. NextEra Energy, Inc. has a 52-week low of $110.49 and a 52-week high of $148.30. The firm has a market cap of $68.95 billion, a price-to-earnings ratio of 16.83 and a beta of 0.32.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Wednesday, July 26th. The utilities provider reported $1.86 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.76 by $0.10. NextEra Energy had a net margin of 24.26% and a return on equity of 11.88%. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter in the prior year, the company earned $1.67 EPS. NextEra Energy’s quarterly revenue was up 15.4% on a year-over-year basis. On average, equities research analysts expect that NextEra Energy, Inc. will post $6.72 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be issued a $0.9825 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $3.93 annualized dividend and a yield of 2.66%. NextEra Energy’s dividend payout ratio (DPR) is presently 45.02%.

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Several research analysts have issued reports on NEE shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $144.00 target price on shares of NextEra Energy in a report on Tuesday, May 2nd. BMO Capital Markets reaffirmed a “buy” rating and issued a $156.00 target price (up from $144.00) on shares of NextEra Energy in a report on Friday, June 23rd. BidaskClub cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Barclays PLC reaffirmed an “overweight” rating and issued a $150.00 target price (up from $139.00) on shares of NextEra Energy in a report on Sunday, April 23rd. Finally, UBS AG reaffirmed a “buy” rating and issued a $143.00 target price (up from $138.00) on shares of NextEra Energy in a report on Tuesday, April 18th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. NextEra Energy has an average rating of “Buy” and a consensus target price of $148.64.

In other news, Director James L. Robo sold 52,320 shares of the firm’s stock in a transaction that occurred on Thursday, May 18th. The shares were sold at an average price of $136.48, for a total transaction of $7,140,633.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Eric E. Silagy sold 8,111 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $140.58, for a total transaction of $1,140,244.38. Following the sale, the director now directly owns 26,884 shares in the company, valued at approximately $3,779,352.72. The disclosure for this sale can be found here. In the last quarter, insiders sold 90,431 shares of company stock worth $12,692,378. 0.53% of the stock is owned by corporate insiders.

About NextEra Energy

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.

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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