Gouws Capital LLC Has $6.02 Million Stock Position in NextEra Energy, Inc. (NYSE:NEE)

Gouws Capital LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,248 shares of the utilities provider’s stock after acquiring an additional 800 shares during the period. NextEra Energy accounts for approximately 4.1% of Gouws Capital LLC’s holdings, making the stock its 9th biggest holding. Gouws Capital LLC’s holdings in NextEra Energy were worth $6,023,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Proffitt & Goodson Inc. lifted its holdings in shares of NextEra Energy by 64.0% in the 2nd quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 144 shares during the last quarter. Semmax Financial Advisors Inc. lifted its holdings in shares of NextEra Energy by 197.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 225 shares during the last quarter. Reston Wealth Management LLC bought a new position in shares of NextEra Energy in the 3rd quarter valued at about $27,000. Valley Wealth Managers Inc. purchased a new stake in NextEra Energy in the 2nd quarter worth about $33,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in NextEra Energy in the 3rd quarter worth about $39,000. Institutional investors own 78.72% of the company’s stock.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of NextEra Energy stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $75.57, for a total transaction 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.18% of the stock is owned by insiders.

NextEra Energy Stock Up 0.6 %

Shares of NYSE NEE traded up $0.45 during midday trading on Friday, reaching $75.73. 1,931,855 shares of the company’s stock traded hands, compared to its average volume of 10,903,035. 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 $81.60 and its 200-day simple moving average is $77.35. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10. The company has a market cap of $155.73 billion, a price-to-earnings ratio of 22.49, a P/E/G ratio of 2.68 and a beta of 0.57.

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

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be paid a $0.515 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.06 annualized dividend and a yield of 2.72%. NextEra Energy’s dividend payout ratio (DPR) is 60.95%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Guggenheim increased their price objective on shares of NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Scotiabank increased their price objective on shares of NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 20th. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. BMO Capital Markets increased their price objective on shares of NextEra Energy from $83.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Finally, Dbs Bank lowered shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Hold” and an average price target of $86.54.

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,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.