NextEra Energy Inc (NYSE:NEE) Stock Holdings Boosted by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A lifted its position in shares of NextEra Energy Inc (NYSE:NEE) by 1.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 15,192 shares of the utilities provider’s stock after acquiring an additional 225 shares during the period. NextEra Energy accounts for 1.6% of OLD Point Trust & Financial Services N A’s portfolio, making the stock its 26th biggest holding. OLD Point Trust & Financial Services N A’s holdings in NextEra Energy were worth $3,112,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Winfield Associates Inc. acquired a new stake in NextEra Energy in the 2nd quarter valued at about $164,000. Dorsey Wright & Associates lifted its holdings in NextEra Energy by 1.6% in the 2nd quarter. Dorsey Wright & Associates now owns 14,853 shares of the utilities provider’s stock valued at $3,043,000 after acquiring an additional 240 shares during the last quarter. Private Trust Co. NA lifted its holdings in NextEra Energy by 13.0% in the 2nd quarter. Private Trust Co. NA now owns 6,636 shares of the utilities provider’s stock valued at $1,359,000 after acquiring an additional 761 shares during the last quarter. Park National Corp OH lifted its holdings in NextEra Energy by 13.8% in the 2nd quarter. Park National Corp OH now owns 58,191 shares of the utilities provider’s stock valued at $11,921,000 after acquiring an additional 7,038 shares during the last quarter. Finally, Bath Savings Trust Co lifted its holdings in NextEra Energy by 0.9% in the 2nd quarter. Bath Savings Trust Co now owns 54,751 shares of the utilities provider’s stock valued at $11,216,000 after acquiring an additional 501 shares during the last quarter. Institutional investors and hedge funds own 75.88% of the company’s stock.

In related news, EVP Deborah H. Caplan sold 2,976 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $194.44, for a total value of $578,653.44. Following the transaction, the executive vice president now owns 24,477 shares in the company, valued at $4,759,307.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Joseph T. Kelliher sold 5,741 shares of the stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $207.26, for a total value of $1,189,879.66. Following the completion of the transaction, the executive vice president now owns 37,235 shares in the company, valued at approximately $7,717,326.10. The disclosure for this sale can be found here. Insiders sold 107,216 shares of company stock worth $21,354,766 in the last 90 days. 0.48% of the stock is currently owned by corporate insiders.

Shares of NEE traded down $2.06 during trading hours on Tuesday, reaching $207.30. The company’s stock had a trading volume of 1,455,183 shares, compared to its average volume of 1,940,537. The company has a market cap of $99.59 billion, a price-to-earnings ratio of 26.92, a price-to-earnings-growth ratio of 3.11 and a beta of 0.26. NextEra Energy Inc has a 1-year low of $164.25 and a 1-year high of $212.50. The company has a current ratio of 0.46, a quick ratio of 0.38 and a debt-to-equity ratio of 0.79. The firm has a 50 day moving average of $206.80.

NextEra Energy (NYSE:NEE) last issued its earnings results on Tuesday, April 23rd. The utilities provider reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.19. NextEra Energy had a return on equity of 10.26% and a net margin of 17.13%. The company had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the prior year, the company earned $1.94 EPS. Equities research analysts anticipate that NextEra Energy Inc will post 8.42 earnings per share for the current fiscal year.

A number of research firms have commented on NEE. Barclays reaffirmed a “top pick” rating and set a GBX 3,250 ($42.47) price objective on shares of in a research note on Wednesday, June 19th. UBS Group reaffirmed a “buy” rating on shares of Fortis in a research note on Friday, June 7th. Guggenheim reduced their price objective on shares of Kroger from $31.00 to $26.00 in a research note on Monday, June 24th. Zacks Investment Research raised shares of Triple-S Management from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Monday, April 29th. Finally, Morgan Stanley reaffirmed a “hold” rating on shares of PG&E in a research note on Friday, June 21st. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $208.14.

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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.

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

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