Toronto Dominion Bank lifted its holdings in NextEra Energy (NYSE:NEE) by 24.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 380,629 shares of the utilities provider’s stock after buying an additional 75,615 shares during the period. Toronto Dominion Bank owned about 0.08% of NextEra Energy worth $62,154,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of NEE. Geode Capital Management LLC grew its holdings in NextEra Energy by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 4,869,190 shares of the utilities provider’s stock valued at $758,889,000 after purchasing an additional 73,790 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in NextEra Energy by 6.5% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,968,016 shares of the utilities provider’s stock valued at $619,764,000 after purchasing an additional 243,649 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in NextEra Energy by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 3,907,505 shares of the utilities provider’s stock valued at $610,314,000 after purchasing an additional 41,226 shares during the last quarter. Alliancebernstein L.P. grew its holdings in NextEra Energy by 1.0% during the 4th quarter. Alliancebernstein L.P. now owns 2,664,040 shares of the utilities provider’s stock valued at $416,096,000 after purchasing an additional 26,147 shares during the last quarter. Finally, Eaton Vance Management grew its holdings in NextEra Energy by 3.6% during the 4th quarter. Eaton Vance Management now owns 2,222,593 shares of the utilities provider’s stock valued at $347,147,000 after purchasing an additional 77,806 shares during the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.
In other NextEra Energy news, insider Manoochehr K. Nazar sold 13,890 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $155.64, for a total value of $2,161,839.60. Following the completion of the sale, the insider now directly owns 142,429 shares of the company’s stock, valued at approximately $22,167,649.56. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director James L. Robo sold 81,489 shares of the business’s stock in a transaction dated Thursday, May 17th. The shares were sold at an average price of $156.81, for a total transaction of $12,778,290.09. The disclosure for this sale can be found here. Over the last three months, insiders sold 142,754 shares of company stock valued at $22,504,957. 0.55% of the stock is owned by corporate insiders.
NextEra Energy opened at $159.89 on Wednesday, Marketbeat reports. The stock has a market capitalization of $75.43 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 2.36 and a beta of 0.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.59 and a quick ratio of 0.46. NextEra Energy has a 1 year low of $138.00 and a 1 year high of $165.15.
NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Tuesday, April 24th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.16. The company had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $4.15 billion. NextEra Energy had a net margin of 48.13% and a return on equity of 10.91%. The firm’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.75 EPS. research analysts expect that NextEra Energy will post 7.75 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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