Roberts Wealth Advisors LLC Buys 3,796 Shares of NextEra Energy, Inc. (NYSE:NEE)

Roberts Wealth Advisors LLC raised its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,019 shares of the utilities provider’s stock after purchasing an additional 3,796 shares during the period. NextEra Energy accounts for approximately 1.5% of Roberts Wealth Advisors LLC’s portfolio, making the stock its 18th largest holding. Roberts Wealth Advisors LLC’s holdings in NextEra Energy were worth $5,060,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of NEE. Semmax Financial Advisors Inc. lifted its stake in shares of NextEra Energy by 197.4% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock valued at $26,000 after buying an additional 225 shares in the last quarter. Burkett Financial Services LLC raised its holdings in 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 period. Reston Wealth Management LLC purchased a new stake in shares of NextEra Energy during the third quarter worth $27,000. Sugar Maple Asset Management LLC bought a new position in shares of NextEra Energy in the fourth quarter worth $28,000. Finally, Quarry LP purchased a new position in shares of NextEra Energy in the third quarter valued at $33,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Trading Up 0.1 %

NYSE NEE opened at $70.85 on Wednesday. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11. The stock’s 50-day simple moving average is $73.40 and its two-hundred day simple moving average is $77.24. NextEra Energy, Inc. has a twelve month low of $53.95 and a twelve month high of $86.10. The company has a market capitalization of $145.70 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 2.38 and a beta of 0.58.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.05. The company had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. NextEra Energy’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.94 EPS. Research analysts forecast that NextEra Energy, Inc. will post 3.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on NEE shares. Scotiabank increased 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. Royal Bank of Canada lowered shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. Morgan Stanley decreased their target price on shares of NextEra Energy from $95.00 to $94.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Barclays raised their price target on shares of NextEra Energy from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Finally, Guggenheim upped their price target on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $87.15.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were 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 directly owns 15,792 shares in the company, valued at approximately $1,193,401.44. The trade was a 20.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.18% of the company’s stock.

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.