NextEra Energy: Institutional Investors Make Significant Changes to Their Positions

Several institutional investors have recently made significant changes to their positions in NextEra Energy, Inc. (NYSE:NEE). Second Half Financial Partners LLC decreased its stake in the utilities provider by 33.6% during the third quarter, selling 17,744 shares. This reduced their holdings in NextEra Energy to 35,128 shares, making it their 24th largest holding. Other investors also made adjustments to their positions, including Border to Coast Pensions Partnership Ltd, Swiss National Bank, Ancora Advisors LLC, Magnolia Capital Advisors LLC, and Raymond James & Associates.

While the original article outlined the changes in institutional ownership, it also mentioned insider activity at NextEra Energy. However, instead of providing a specific quote, we can summarize that an executive vice president, Nicole J. Daggs, sold 4,007 shares of the company’s stock. This represents a decrease of 20.24% in their position.

The article also mentioned various Wall Street analysts’ forecasts and ratings for NextEra Energy. While the original article included specific quotes from analysts, we can provide a general overview by stating that eight analysts have rated the stock as a hold, and seven have given it a buy rating.

Finally, the article discussed NextEra Energy’s recent stock performance and financials. The company’s stock opened at $76.39 and has a one-year range of $53.95 to $86.10. NextEra Energy reported $1.03 EPS for the last quarter, beating the consensus estimate of $0.98. The company’s revenue for the quarter was $7.57 billion, slightly below the consensus estimate of $8.11 billion. Analysts forecast NextEra Energy to post 3.41 EPS for the current fiscal year.

NextEra Energy, Inc. is a leading utilities provider that generates, transmits, distributes, and sells electric power. With a focus on clean energy solutions such as wind, solar, nuclear, and natural gas, the company aims to provide sustainable energy solutions for its customers. Institutional investors continue to make significant changes to their positions in the company, indicating the evolving landscape of the energy industry.

FAQ:

1. What changes have institutional investors made to their positions in NextEra Energy, Inc.?
– Second Half Financial Partners LLC decreased its stake in NextEra Energy by 33.6% during the third quarter, selling 17,744 shares.
– Other investors, including Border to Coast Pensions Partnership Ltd, Swiss National Bank, Ancora Advisors LLC, Magnolia Capital Advisors LLC, and Raymond James & Associates, also made adjustments to their positions.

2. What insider activity was mentioned for NextEra Energy?
– An executive vice president, Nicole J. Daggs, sold 4,007 shares of the company’s stock, representing a decrease of 20.24% in their position.

3. What are the forecasts and ratings by Wall Street analysts for NextEra Energy?
– Eight analysts have rated the stock as a hold, and seven have given it a buy rating.

4. What is NextEra Energy’s recent stock performance and financials?
– The company’s stock opened at $76.39 and has a one-year range of $53.95 to $86.10.
– NextEra Energy reported $1.03 EPS for the last quarter, beating the consensus estimate of $0.98.
– The company’s revenue for the quarter was $7.57 billion, slightly below the consensus estimate of $8.11 billion.
– Analysts forecast NextEra Energy to post 3.41 EPS for the current fiscal year.

Definitions:
– Institutional investors: Large organizations, such as pension funds, mutual funds, and insurance companies, that invest on behalf of others.
– Stake: The amount of ownership or interest an investor or entity has in a company.
– EPS: Earnings per share, a financial metric that represents a company’s profit divided by the number of shares outstanding.
– Consensus estimate: The average forecast or expectation of a group of analysts or experts regarding a specific financial measure.

Related Links:
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ByKarol Smith

Karol Smith is a seasoned author and thought leader in the fields of new technologies and fintech. With a Master's degree in Financial Technology from the prestigious Quzip University, Karol has developed a deep understanding of the intersection between finance and digital innovation. Leveraging years of experience as a senior analyst at TechBridge Solutions, they have honed their expertise in emerging trends, data analytics, and the transformative power of new financial technologies. Karol's writing seeks to demystify complex concepts and provide insightful commentary on how these advancements are reshaping the financial landscape. Their work has been featured in numerous industry publications, making them a respected voice in the fintech community.