Catalyst Wealth Administration LLC purchased a brand new stake in shares of NextEra Vitality, Inc. (NYSE:NEE – Get Score) in the course of the 4th quarter, in line with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The fund bought 8,842 shares of the utilities supplier’s inventory, valued at roughly $739,000.
A bear market skilled makes a brand new prediction (From Legacy Analysis)
Quite a lot of different hedge funds and different institutional buyers have additionally not too long ago modified their holdings of the corporate. Purple Cedar Funding Administration LLC raised its stake in NextEra Vitality by 9.0% within the 4th quarter. Purple Cedar Funding Administration LLC now owns 13,626 shares of the utilities supplier’s inventory price $1,139,000 after shopping for an extra 1,121 shares within the final quarter. GDS Wealth Administration acquired a brand new stake in shares of NextEra Vitality in the course of the fourth quarter valued at about $202,000. Accel Wealth Administration grew its stake in NextEra Vitality by 20.0% in the course of the 4th quarter. Accel Wealth Administration now owns 4,579 shares of the utilities supplier’s inventory price $383,000 after shopping for an extra 764 shares in the course of the interval. SkyOak Wealth LLC raised its stake in NextEra Vitality by 2.0% within the 4th quarter. SkyOak Wealth LLC now owns 46,414 shares of the utilities supplier’s inventory price $3,880,000 after shopping for an extra 924 shares within the final quarter. Lastly, Boston Frequent Asset Administration LLC raised its stake in NextEra Vitality by 1.9% within the 4th quarter. Boston Frequent Asset Administration LLC now owns 9,604 shares of the utilities supplier’s inventory price $803,000 after shopping for an extra 176 shares in the course of the interval. 76.17% of shares are owned by hedge funds and different institutional buyers.
A Wall Road analyst weighs in
A number of equities analysis analysts not too long ago issued experiences on NEE shares. Wells Fargo & Firm decreased their value goal on shares of NextEra Vitality from $110.00 to $100.00 and set an “chubby” ranking on the inventory in a analysis report on Thursday, March 2nd. Credit score Suisse Group lower their value goal on shares of NextEra Vitality from $89.00 to $85.00 and gave the corporate an “outperform” ranking in a report on Thursday, January twenty sixth. Royal Financial institution of Canada lower their value goal on NextEra Vitality from $101.00 to $98.00 and set an “outperform” ranking for the corporate in a analysis report on Monday, January thirtieth. Morgan Stanley lower their value goal on NextEra Vitality from $97.00 to $94.00 and set an “chubby” ranking on the inventory in a analysis report on Tuesday, March twenty first. Lastly, Guggenheim lower their value goal on NextEra Vitality from $102.00 to $96.00 and set a “purchase” ranking for the corporate in a report on Thursday, January twenty sixth. 5 analysts have rated the inventory with a maintain ranking and 9 have assigned a “purchase” ranking to the corporate’s inventory. The corporate has a mean ranking of “Reasonable Purchase” and a consensus goal value of $91.58, in line with MarketBeat.com.
Insider buying and selling
In different NextEra Vitality information, CEO Armando Pimentel, Jr. bought 13,200 shares of the corporate’s inventory in a transaction that occurred on Tuesday, February twenty first. The shares have been bought at a mean value of $75.44 per share, for a complete worth of $995,808.00. Following the acquisition, the chief govt officer now owns 129,230 shares within the firm, valued at $9,749,111.20. The transaction was disclosed in filings with the Securities and Change Fee, which will be accessed by the SEC’s web site. In associated information, Director James Lawrence Camaren acquired 2,000 shares of the corporate’s inventory in a transaction that occurred on Thursday, February ninth. The shares have been bought at a mean value of $73.50 per share, for a complete transaction quantity of $147,000.00. Following the completion of the acquisition, the director now owns 147,930 shares within the firm, valued at roughly $10,872,855. The acquisition was disclosed in a doc filed with the SEC, which is on the market at this hyperlink. Additionally, CEO Armando Pimentel, Jr. bought 13,200 shares of the agency’s inventory in a transaction that occurred on Tuesday, February twenty first. The shares have been bought at a mean value of $75.44 per share, for a complete worth of $995,808.00. Following the acquisition, the chief govt officer now immediately owns 129,230 shares within the firm, valued at $9,749,111.20. Disclosures for this buy will be discovered right here. Insiders bought 18,872 shares of firm inventory valued at $1,417,721 over the past 90 days. 0.43% of shares are at the moment owned by insiders.
NextEra Vitality Buying and selling rose 1.6%
NYSE:NEE traded up $1.26 throughout noon buying and selling on Wednesday, hitting $78.42. 4,140,257 shares of the corporate exchanged fingers in comparison with its common quantity of 9,069,104 shares. The agency has a market cap of $155.86 billion, a P/E ratio of 36.92, a P/E/G ratio of two.73 and a beta of 0.47. The 50-day shifting common is $74.79, and the 200-day is $79.23. NextEra Vitality, Inc. has a 12-month low of $67.22 and a 12-month excessive of $91.35. The corporate has a present ratio of 0.51, a gearing ratio of 0.43, and a debt-to-equity ratio of 1.14.
NextEra Vitality (NYSE:NEE – Get Score ) final posted its quarterly earnings information on Wednesday, January twenty fifth. The utilities supplier reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The corporate had income of $6.16 billion for the quarter, in comparison with analysts’ expectations of $6.58 billion. NextEra Vitality had a internet margin of 19.79% and a return on fairness of 12.51%. The corporate’s income grew by 22.2% in comparison with the identical quarter final 12 months. Earnings per share have been $0.41 in the identical quarter final 12 months. On common, analysts predict that NextEra Vitality, Inc. will submit 3.12 EPS for the present 12 months.
NextEra Vitality is rising its dividend
The agency additionally not too long ago introduced a quarterly dividend, which was paid on Wednesday, March fifteenth. Shareholders of report on Tuesday, February twenty eighth got a dividend of $0.4675 per share. That is $1.87 in annualized dividends and a dividend yield of two.38%. The ex-dividend date is Monday, February 27. This can be a constructive change from NextEra Vitality’s earlier quarterly dividend of $0.43. NextEra Vitality’s payout ratio is 89.47%.
NextEra Vitality Profile
(Get Score)
NextEra Vitality, Inc. is within the enterprise of offering renewable vitality. It operates by the next segments: FPL and NEER. The FPL section contains the era, transmission, distribution and sale of electrical energy in Florida. The NEER section generates electrical energy from clear and renewable sources, together with wind and photo voltaic.
Additional studying
Need to see what different hedge funds maintain NEE? Go to HoldingsChannel.com for the most recent 13F filings and insider offers for NextEra Vitality, Inc. (NYSE:NEE – Get Score ).
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