NextEra Energy (NEE) Shares Sold by Waldron LP

Waldron LP trimmed its stake in shares of NextEra Energy (NYSE:NEE) by 22.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,468 shares of the utilities provider’s stock after selling 420 shares during the period. Waldron LP’s holdings in NextEra Energy were worth $239,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Taylor Hoffman Wealth Management acquired a new stake in NextEra Energy in the 4th quarter valued at $106,000. D Orazio & Associates Inc. acquired a new stake in NextEra Energy in the 4th quarter valued at $113,000. Cerebellum GP LLC acquired a new stake in NextEra Energy in the 4th quarter valued at $128,000. Keeler Thomas Management LLC acquired a new stake in NextEra Energy in the 4th quarter valued at $129,000. Finally, Centersquare Investment Management LLC acquired a new stake in NextEra Energy in the 1st quarter valued at $150,000. Institutional investors and hedge funds own 75.98% of the company’s stock.

In other news, Director James L. Robo sold 18,000 shares of NextEra Energy stock in a transaction dated Monday, March 19th. The shares were sold at an average price of $160.89, for a total value of $2,896,020.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eric E. Silagy sold 11,114 shares of NextEra Energy stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $160.82, for a total transaction of $1,787,353.48. Following the completion of the transaction, the director now directly owns 25,898 shares of the company’s stock, valued at approximately $4,164,916.36. The disclosure for this sale can be found here. In the last three months, insiders sold 142,754 shares of company stock valued at $22,504,957. Insiders own 0.55% of the company’s stock.

Several equities research analysts have issued reports on NEE shares. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating and set a $182.00 price target on the stock. in a research note on Wednesday, April 11th. JPMorgan Chase lifted their price target on shares of NextEra Energy from $170.00 to $171.00 and gave the company an “overweight” rating in a research note on Thursday, April 26th. UBS started coverage on shares of NextEra Energy in a research note on Friday, February 2nd. They issued a “buy” rating and a $177.00 price target on the stock. Guggenheim reiterated a “buy” rating and issued a $182.00 price target on shares of NextEra Energy in a research note on Friday, January 26th. Finally, Morgan Stanley lowered their price target on shares of NextEra Energy from $170.00 to $168.00 and set an “overweight” rating on the stock in a research note on Thursday, March 8th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $168.92.

Shares of NextEra Energy opened at $159.84 on Monday, according to Marketbeat.com. NextEra Energy has a one year low of $135.60 and a one year high of $165.15. The stock has a market capitalization of $73.66 billion, a PE ratio of 23.86, a PEG ratio of 2.31 and a beta of 0.23. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 0.78.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Tuesday, April 24th. The utilities provider reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.16. NextEra Energy had a net margin of 48.13% and a return on equity of 10.91%. The company had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $4.15 billion. During the same quarter last year, the firm posted $1.75 EPS. The company’s quarterly revenue was down 2.7% on a year-over-year basis. research analysts forecast that NextEra Energy will post 7.74 earnings per share for the current fiscal year.

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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