LexAurum Advisors LLC Grows Stock Position in NextEra Energy, Inc. (NYSE:NEE)

LexAurum Advisors LLC increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 21.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,932 shares of the utilities provider’s stock after purchasing an additional 523 shares during the quarter. LexAurum Advisors LLC’s holdings in NextEra Energy were worth $210,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. RFG Advisory LLC boosted its holdings in shares of NextEra Energy by 12.4% in the fourth quarter. RFG Advisory LLC now owns 78,782 shares of the utilities provider’s stock valued at $5,648,000 after acquiring an additional 8,673 shares in the last quarter. Neumann Capital Management LLC lifted its position in NextEra Energy by 21.9% in the fourth quarter. Neumann Capital Management LLC now owns 6,134 shares of the utilities provider’s stock valued at $440,000 after purchasing an additional 1,100 shares during the period. Brighton Jones LLC boosted its holdings in NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after purchasing an additional 1,840 shares in the last quarter. Seneca House Advisors increased its position in NextEra Energy by 11.3% during the 4th quarter. Seneca House Advisors now owns 62,629 shares of the utilities provider’s stock worth $4,490,000 after purchasing an additional 6,380 shares during the period. Finally, Beacon Investment Advisory Services Inc. raised its stake in shares of NextEra Energy by 1.2% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 94,985 shares of the utilities provider’s stock worth $6,809,000 after buying an additional 1,120 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the completion of the sale, the executive vice president now owns 15,792 shares of the company’s stock, valued at $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 is available at the SEC website. 0.18% of the stock is currently owned by insiders.

NextEra Energy Stock Up 5.3 %

Shares of NYSE:NEE opened at $72.91 on Friday. The company has a market capitalization of $149.93 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.29 and a beta of 0.58. The stock’s fifty day simple moving average is $73.09 and its 200-day simple moving average is $77.12. NextEra Energy, Inc. has a 52-week low of $53.95 and a 52-week high of $86.10. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, hitting 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, equities research analysts forecast that NextEra Energy, Inc. will post 3.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on NEE. Scotiabank upped their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Guggenheim increased their price target on shares of NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Morgan Stanley boosted their price objective on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday. BMO Capital Markets increased their target price on shares of NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Finally, Barclays boosted their price target on NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Hold” and a consensus target price of $87.15.

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.