Ausdal Financial Partners Inc. Has $2.41 Million Stock Holdings in NextEra Energy, Inc. $NEE

Ausdal Financial Partners Inc. lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 288.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,984 shares of the utilities provider’s stock after purchasing an additional 23,747 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in NextEra Energy were worth $2,414,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in NEE. Sax Wealth Advisors LLC lifted its holdings in NextEra Energy by 0.6% during the third quarter. Sax Wealth Advisors LLC now owns 19,380 shares of the utilities provider’s stock worth $1,463,000 after acquiring an additional 118 shares in the last quarter. apricus wealth LLC grew its stake in NextEra Energy by 3.8% in the third quarter. apricus wealth LLC now owns 3,272 shares of the utilities provider’s stock valued at $247,000 after acquiring an additional 120 shares during the period. Isthmus Partners LLC increased its holdings in shares of NextEra Energy by 1.9% in the third quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock worth $497,000 after acquiring an additional 120 shares in the last quarter. Fingerlakes Wealth Management Inc. increased its holdings in shares of NextEra Energy by 0.8% in the third quarter. Fingerlakes Wealth Management Inc. now owns 16,215 shares of the utilities provider’s stock worth $1,224,000 after acquiring an additional 124 shares in the last quarter. Finally, Heritage Wealth Management Inc. raised its position in shares of NextEra Energy by 1.0% during the third quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock worth $930,000 after purchasing an additional 125 shares during the period. Institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NEE shares. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Jefferies Financial Group set a $87.00 target price on shares of NextEra Energy in a report on Wednesday, January 14th. HSBC upped their price target on shares of NextEra Energy from $96.00 to $103.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Seaport Research Partners lowered their price objective on shares of NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a research report on Monday, February 2nd. Finally, BMO Capital Markets set a $95.00 price objective on shares of NextEra Energy in a research report on Thursday, January 29th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $94.16.

Insider Activity

In related news, Treasurer James Michael May sold 7,161 shares of NextEra Energy stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the sale, the treasurer owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. The trade was a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John W. Ketchum sold 99,603 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $89.34, for a total value of $8,898,532.02. Following the sale, the chief executive officer owned 305,933 shares in the company, valued at $27,332,054.22. The trade was a 24.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 185,882 shares of company stock worth $16,616,757. 0.18% of the stock is currently owned by company insiders.

NextEra Energy Trading Up 1.2%

NYSE:NEE opened at $92.81 on Monday. The company has a market cap of $193.38 billion, a P/E ratio of 28.21 and a beta of 0.75. NextEra Energy, Inc. has a twelve month low of $61.72 and a twelve month high of $95.91. The business has a 50 day moving average price of $88.42 and a two-hundred day moving average price of $82.95. The company has a quick ratio of 0.49, a current ratio of 0.60 and a debt-to-equity ratio of 1.35.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $7.07 billion. NextEra Energy had a net margin of 24.93% and a return on equity of 12.18%. The firm’s revenue was up 20.7% compared to the same quarter last year. During the same period last year, the company earned $0.53 earnings per share. As a group, analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, February 27th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio (DPR) is presently 75.68%.

About NextEra Energy

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.