Sivia Capital Partners LLC Invests $208,000 in NextEra Energy, Inc. (NYSE:NEE)

Sivia Capital Partners LLC acquired a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,419 shares of the utilities provider’s stock, valued at approximately $208,000.

A number of other large investors have also modified their holdings of NEE. Clear Investment Research LLC lifted its holdings in shares of NextEra Energy by 387.2% during the 4th quarter. Clear Investment Research LLC now owns 458 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 364 shares during the period. BOK Financial Private Wealth Inc. bought a new position in NextEra Energy during the fourth quarter worth about $29,000. Stuart Chaussee & Associates Inc. boosted its holdings in NextEra Energy by 315.4% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 540 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 410 shares in the last quarter. Rakuten Securities Inc. acquired a new stake in NextEra Energy during the fourth quarter valued at approximately $34,000. Finally, Valued Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $34,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Down 1.0 %

NYSE NEE opened at $72.32 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 1.12. NextEra Energy, Inc. has a 12 month low of $47.15 and a 12 month high of $80.47. The company has a market capitalization of $148.58 billion, a PE ratio of 19.71, a P/E/G ratio of 2.51 and a beta of 0.56. The stock has a 50-day simple moving average of $71.69 and a 200 day simple moving average of $63.72.

NextEra Energy (NYSE:NEE) last posted its earnings results on Tuesday, April 23rd. The utilities provider reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.11. NextEra Energy had a net margin of 27.62% and a return on equity of 11.72%. The company had revenue of $5.73 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same period last year, the business posted $0.84 earnings per share. The business’s revenue for the quarter was down 14.7% compared to the same quarter last year. Research analysts forecast that NextEra Energy, Inc. will post 3.39 EPS for the current year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were issued a $0.515 dividend. The ex-dividend date was Monday, June 3rd. This represents a $2.06 annualized dividend and a dividend yield of 2.85%. NextEra Energy’s dividend payout ratio (DPR) is currently 56.13%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NEE shares. Bank of America boosted their price target on NextEra Energy from $61.00 to $67.00 and gave the company a “neutral” rating in a research note on Tuesday, April 23rd. BMO Capital Markets boosted their target price on shares of NextEra Energy from $78.00 to $79.00 and gave the company an “outperform” rating in a research note on Wednesday, June 12th. Mizuho cut 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. Evercore ISI boosted their target price on NextEra Energy from $70.00 to $75.00 and gave the stock an “in-line” rating in a report on Wednesday, June 12th. Finally, Barclays dropped their price target on NextEra Energy from $74.00 to $73.00 and set an “equal weight” rating for the company in a report on Thursday, June 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $74.86.

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.