Anchor Capital Advisors LLC holds $209,000 position in NextEra Energy, Inc. (NYSE:NEE)

Anchor Capital Advisors LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,955 shares of the utilities provider’s stock, valued at approximately $209,000.

A number of other institutional investors have also recently modified their holdings of the company. Proffitt & Goodson Inc. increased its position in shares of NextEra Energy by 64.0% in the second quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 144 shares during the last quarter. Clear Investment Research LLC boosted its stake in NextEra Energy by 387.2% in the fourth quarter. Clear Investment Research LLC now owns 458 shares of the utilities provider’s stock worth $28,000 after buying an additional 364 shares during the last quarter. American Capital Advisory LLC raised its stake in NextEra Energy by 74.5% in the first quarter. American Capital Advisory LLC now owns 480 shares of the utilities provider’s stock worth $31,000 after buying an additional 205 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in NextEra Energy in the fourth quarter valued at about $40,000. Finally, Family Firm Inc. purchased a new stake in NextEra Energy in the second quarter valued at approximately $40,000. 78.72% of shares are currently owned by institutional investors.

NextEra Energy Price Performance

NEE opened at $79.98 on Monday. The stock has a fifty day simple moving average of $76.13 and a two hundred day simple moving average of $70.49. The company has a current ratio of 0.49, a quick ratio of 0.41, and a debt-to-equity ratio of 1.15. The company has a market cap of $164.39 billion, a price-to-earnings ratio of 21.79, a price-to-earnings-growth ratio of 2.90 and a beta of 0.56. NextEra Energy, Inc. has a 12-month low of $47.15 and a 12-month high of $82.14.

NextEra Energy (NYSE:NEE – Get Your Free Report ) last issued its quarterly earnings data on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. The company had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $7.29 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. In the same quarter last year, the company earned $0.88 per share. Research analysts predict that NextEra Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.515 per share. The ex-dividend date of this dividend is Friday, August 30. This represents an annualized dividend of $2.06 and a dividend yield of 2.58%. NextEra Energy’s payout ratio is currently 56.13%.

Indoor activity

In related news, EVP Nicole J. Daggs sold 658 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $76.97, for a total transaction of $50,646.26. Following the sale, the executive vice president now directly owns 100 shares of the company’s stock, valued at $7,697. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.18% of the company’s shares.

Changes in Analyst Ratings

Several brokerages have issued reports on NEE. Scotiabank upped their target price on NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 20th. BMO Capital Markets upped their price objective on NextEra Energy from $79.00 to $83.00 and gave the company an “outperform” rating in a research note on Monday, July 15th. Royal Bank of Canada boosted their price objective on NextEra Energy from $74.00 to $84.00 and gave the company an “outperform” rating in a research note on Wednesday, June 12th. Barclays boosted their price objective on NextEra Energy from $75.00 to $76.00 and gave the company an “equal weight” rating in a research note on Friday, August 16th. Finally, Mizuho cut NextEra Energy from a “buy” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research note on Wednesday, June 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Moderate Buy” and an average price target of $81.50, according to MarketBeat .

Check out the latest stock report on NextEra Energy

NextEra Energy Company Profile

(Free report)

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes and sells electricity to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, natural gas and other clean energies. It also develops, builds and operates long-term contracted assets consisting of clean energy solutions such as renewable generation facilities, battery storage projects and electric transmission facilities; sells energy products; and owns, develops, builds, manages and operates electricity generation facilities in wholesale energy markets.

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