Dohj LLC Has $435,000 Holdings in NextEra Energy, Inc. (NYSE:NEE)

Dohj LLC trimmed its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,161 shares of the utilities provider’s stock after selling 250 shares during the period. Dohj LLC’s holdings in NextEra Energy were worth $435,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. BOK Financial Private Wealth Inc. acquired a new position in shares of NextEra Energy during the 4th quarter worth about $29,000. Stuart Chaussee & Associates Inc. boosted its stake in shares of 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 last quarter. Rakuten Securities Inc. bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $34,000. Alaska Permanent Fund Corp raised its holdings in shares of NextEra Energy by 59.8% in the 3rd quarter. Alaska Permanent Fund Corp now owns 556 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 208 shares during the period. Finally, Valued Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $34,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NYSE:NEE traded down $0.91 on Friday, reaching $65.99. 9,982,762 shares of the company’s stock were exchanged, compared to its average volume of 10,921,297. The company has a fifty day moving average of $60.85 and a 200-day moving average of $59.06. NextEra Energy, Inc. has a twelve month low of $47.15 and a twelve month high of $78.53. The company has a market capitalization of $135.58 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 2.46 and a beta of 0.51. The company has a current ratio of 0.51, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12.

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

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Tuesday, February 27th were given a dividend of $0.515 per share. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, February 26th. This represents a $2.06 annualized dividend and a dividend yield of 3.12%. NextEra Energy’s dividend payout ratio (DPR) is currently 56.13%.

Analyst Ratings Changes

NEE has been the topic of a number of research analyst reports. StockNews.com raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Monday, April 22nd. BMO Capital Markets upped their target price on shares of NextEra Energy from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday. Scotiabank upped their target price on shares of NextEra Energy from $69.00 to $73.00 and gave the company a “sector outperform” rating in a report on Monday, April 22nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $74.00 target price on shares of NextEra Energy in a report on Tuesday, January 30th. Finally, Guggenheim upped their target price on shares of NextEra Energy from $70.00 to $80.00 and gave the company a “buy” rating in a report on Monday, January 22nd. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $71.50.

About NextEra Energy

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.