Bank of New Hampshire Has $520,000 Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Bank of New Hampshire lowered its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 17.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,132 shares of the utilities provider’s stock after selling 1,730 shares during the quarter. Bank of New Hampshire’s holdings in NextEra Energy were worth $520,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Clear Investment Research LLC lifted its holdings in NextEra Energy by 387.2% during the fourth quarter. Clear Investment Research LLC now owns 458 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 364 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new stake in NextEra Energy during the 4th quarter worth approximately $29,000. Stuart Chaussee & Associates Inc. raised its holdings in NextEra Energy by 315.4% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 540 shares of the utilities provider’s stock worth $33,000 after buying an additional 410 shares during the period. Valued Wealth Advisors LLC acquired a new position in shares of NextEra Energy in the fourth quarter valued at approximately $34,000. Finally, Rakuten Securities Inc. bought a new stake in NextEra Energy in the 4th quarter valued at $34,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

Shares of NEE stock opened at $72.81 on Friday. The company has a market capitalization of $149.59 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 2.48 and a beta of 0.56. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.43 and a current ratio of 0.51. NextEra Energy, Inc. has a 52 week low of $47.15 and a 52 week high of $80.47. The company has a 50-day simple moving average of $72.29 and a 200 day simple moving average of $64.00.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Tuesday, April 23rd. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The business had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.28 billion. NextEra Energy had a return on equity of 11.72% and a net margin of 27.62%. The firm’s quarterly revenue was down 14.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 EPS. On average, sell-side analysts predict that NextEra Energy, Inc. will post 3.4 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Monday, June 3rd were given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend was Monday, June 3rd. NextEra Energy’s payout ratio is currently 56.13%.

Analyst Ratings Changes

Several analysts have issued reports on NEE shares. Morgan Stanley lifted their price target on NextEra Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. Scotiabank boosted their target price on NextEra Energy from $69.00 to $73.00 and gave the company a “sector outperform” rating in a research note on Monday, April 22nd. Barclays reduced their price target on NextEra Energy from $74.00 to $73.00 and set an “equal weight” rating for the company in a research report on Thursday, June 13th. Royal Bank of Canada lifted their price objective on shares of NextEra Energy from $74.00 to $84.00 and gave the company an “outperform” rating in a report on Wednesday, June 12th. Finally, Mizuho downgraded shares of NextEra Energy from a “buy” rating to a “neutral” rating and set a $71.00 target price for the company. in a research report on Wednesday, June 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average target price of $76.50.

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.