V Square Quantitative Management LLC Has $1.39 Million Holdings in NextEra Energy, Inc. (NYSE:NEE)

V Square Quantitative Management LLC lifted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,385 shares of the utilities provider’s stock after buying an additional 1,111 shares during the quarter. V Square Quantitative Management LLC’s holdings in NextEra Energy were worth $1,390,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. Burkett Financial Services LLC raised its position in shares of NextEra Energy by 1,229.6% during the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 332 shares during the last quarter. Reston Wealth Management LLC bought a new stake in NextEra Energy in the third quarter valued at about $27,000. Sugar Maple Asset Management LLC acquired a new position in NextEra Energy in the fourth quarter valued at about $28,000. Quarry LP acquired a new position in NextEra Energy in the third quarter valued at about $33,000. Finally, Luken Investment Analytics LLC bought a new position in NextEra Energy during the fourth quarter worth about $36,000. 78.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on NEE shares. Evercore ISI cut their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a research report on Monday, January 27th. BMO Capital Markets upped their target price on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Barclays lifted their price target on shares of NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Scotiabank upped 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 report on Thursday, December 12th. Finally, Jefferies Financial Group reduced their target price on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Hold” and an average target price of $85.85.

NextEra Energy Trading Down 1.0 %

NYSE NEE opened at $68.61 on Friday. The stock has a market capitalization of $141.10 billion, a price-to-earnings ratio of 20.36, a PEG ratio of 2.42 and a beta of 0.58. NextEra Energy, Inc. has a 52 week low of $53.95 and a 52 week high of $86.10. The stock’s 50 day moving average price is $71.27 and its two-hundred day moving average price is $76.92. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, hitting 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 fiscal 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.