Mizuho Markets Americas LLC Has $206.25 Million Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Mizuho Markets Americas LLC lifted its position in NextEra Energy, Inc. (NYSE:NEE) by 18.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,439,904 shares of the utilities provider’s stock after buying an additional 372,766 shares during the period. NextEra Energy makes up 4.3% of Mizuho Markets Americas LLC’s holdings, making the stock its 4th largest position. Mizuho Markets Americas LLC’s holdings in NextEra Energy were worth $206,245,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Reston Wealth Management LLC acquired a new position in NextEra Energy in the third quarter worth approximately $27,000. Semmax Financial Advisors Inc. boosted its stake in shares of NextEra Energy by 197.4% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 225 shares in the last quarter. Proffitt & Goodson Inc. grew 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 worth $26,000 after acquiring an additional 144 shares during the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of NextEra Energy during the second quarter worth $33,000. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of NextEra Energy in the 3rd quarter valued at $39,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Ratings Changes

NEE has been the subject of a number of analyst reports. Scotiabank upped their price objective on shares of NextEra Energy from $73.00 to $92.00 and gave the company a “sector outperform” rating in a research note on Tuesday, August 20th. Wells Fargo & Company upped their price target on shares of NextEra Energy from $95.00 to $102.00 and gave the company an “overweight” rating in a research report on Tuesday, September 3rd. Dbs Bank cut shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Morgan Stanley increased their target price on NextEra Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. Finally, Guggenheim lifted their price target on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $86.54.

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $76.33 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.41 and a quick ratio of 0.33. NextEra Energy, Inc. has a one year low of $53.95 and a one year high of $86.10. The business’s 50-day moving average price is $81.53 and its two-hundred day moving average price is $77.41. The company has a market capitalization of $156.97 billion, a P/E ratio of 22.58, a price-to-earnings-growth ratio of 2.68 and a beta of 0.57.

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

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be given a $0.515 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.06 annualized dividend and a yield of 2.70%. NextEra Energy’s dividend payout ratio is 60.95%.

Insider Transactions at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,007 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following 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 document filed with the SEC, which is accessible through the SEC website. Insiders own 0.18% of the company’s stock.

NextEra Energy 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.