Goepper Burkhardt LLC Has $600,000 Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Goepper Burkhardt LLC lifted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,474 shares of the utilities provider’s stock after purchasing an additional 404 shares during the quarter. Goepper Burkhardt LLC’s holdings in NextEra Energy were worth $600,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NEE. Frank Rimerman Advisors LLC boosted its stake in shares of NextEra Energy by 57,127.1% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 27,469 shares of the utilities provider’s stock worth $1,945,000 after acquiring an additional 27,421 shares in the last quarter. Profund Advisors LLC boosted its position in NextEra Energy by 48.2% during the second quarter. Profund Advisors LLC now owns 113,446 shares of the utilities provider’s stock worth $8,033,000 after purchasing an additional 36,879 shares during the period. Merriman Wealth Management LLC bought a new stake in NextEra Energy during the second quarter worth approximately $206,000. Symmetry Investments LP acquired a new position in NextEra Energy during the second quarter valued at approximately $5,056,000. Finally, Legacy Financial Advisors Inc. raised its position in shares of NextEra Energy by 3.5% in the second quarter. Legacy Financial Advisors Inc. now owns 10,104 shares of the utilities provider’s stock valued at $715,000 after purchasing an additional 344 shares during the period. Institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NEE shares. Citigroup raised their target price on shares of NextEra Energy from $69.00 to $84.00 and gave the company a “buy” rating in a research note on Thursday, June 27th. BMO Capital Markets raised their price target on NextEra Energy from $79.00 to $83.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Royal Bank of Canada lifted their price objective on NextEra Energy from $74.00 to $84.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 12th. Jefferies Financial Group started coverage on NextEra Energy in a research note on Thursday. They set a “hold” rating and a $87.00 target price for the company. Finally, Morgan Stanley lifted their price target on NextEra Energy from $85.00 to $87.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.87.

Insiders Place Their Bets

In other news, EVP Nicole J. Daggs sold 658 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $76.97, for a total value of $50,646.26. Following the sale, the executive vice president now owns 100 shares in the company, valued at approximately $7,697. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.18% of the company’s stock.

NextEra Energy Trading Up 0.6 %

Shares of NEE stock opened at $82.76 on Friday. The firm has a fifty day moving average of $78.33 and a 200-day moving average of $72.34. The stock has a market cap of $170.03 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 3.03 and a beta of 0.56. NextEra Energy, Inc. has a 52-week low of $47.15 and a 52-week high of $85.56. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.41 and a current ratio of 0.49.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.03. The firm had revenue of $6.07 billion during the quarter, compared to analyst estimates of $7.29 billion. NextEra Energy had a net margin of 24.45% and a return on equity of 11.75%. During the same quarter in the prior year, the business posted $0.88 earnings per share. On average, equities research analysts forecast that NextEra Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend was Friday, August 30th. NextEra Energy’s dividend payout ratio (DPR) is 56.13%.

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.