Aull Monroe Investment Management Corp Lowers stake in NextEra Energy Inc (NEE)

NextEra Energy Inc (NEE) : Aull Monroe Investment Management Corp reduced its stake in NextEra Energy Inc by 1.59% during the most recent quarter end. The investment management company now holds a total of 28,132 shares of NextEra Energy Inc which is valued at $3,219,426 after selling 455 shares in NextEra Energy Inc , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.NextEra Energy Inc makes up approximately 1.89% of Aull Monroe Investment Management Corp’s portfolio.

NextEra Energy Inc opened for trading at $113.45 and hit $114.53 on the upside on Friday, eventually ending the session at $114.44, with a gain of 1.36% or 1.53 points. The heightened volatility saw the trading volume jump to 17,41,668 shares. Company has a market cap of $52,711 M.

Other Hedge Funds, Including , Ferguson Wellman Capital Management Inc boosted its stake in NEE in the latest quarter, The investment management firm added 80 additional shares and now holds a total of 23,058 shares of NextEra Energy Inc which is valued at $2,638,758. NextEra Energy Inc makes up approx 0.11% of Ferguson Wellman Capital Management Inc’s portfolio.Gateway Investment Advisers reduced its stake in NEE by selling 15,086 shares or 31.97% in the most recent quarter. The Hedge Fund company now holds 32,108 shares of NEE which is valued at $3,674,440. NextEra Energy Inc makes up approx 0.03% of Gateway Investment Advisers’s portfolio.Capstone Asset Management Co boosted its stake in NEE in the latest quarter, The investment management firm added 9,359 additional shares and now holds a total of 58,539 shares of NextEra Energy Inc which is valued at $6,874,235. NextEra Energy Inc makes up approx 0.20% of Capstone Asset Management Co’s portfolio.Mai Capital Management boosted its stake in NEE in the latest quarter, The investment management firm added 1,537 additional shares and now holds a total of 105,724 shares of NextEra Energy Inc which is valued at $12,288,301. NextEra Energy Inc makes up approx 1.01% of Mai Capital Management’s portfolio.

On the company’s financial health, NextEra Energy Inc reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $1.10.Analysts expectations of $ 3996.97.During the same quarter in the previous year, the company posted $1.03 EPS.

Many Wall Street Analysts have commented on NextEra Energy Inc. NextEra Energy Inc was Downgraded by Macquarie to ” Neutral” on Apr 5, 2016. Company shares were Reiterated by Argus on Mar 17, 2016 to “Buy”, Firm has raised the Price Target to $ 128 from a previous price target of $118 .Company shares were Upgraded by Robert W. Baird on Jan 29, 2016 to ” Outperform”, Firm has raised the Price Target to $ 120 from a previous price target of $110 .

NextEra Energy Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries Florida Power & Light Company (FPL) and NextEra Energy Resources LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation transmission distribution and sale of electric energy in Florida. NEER owns develops constructs manages and operates electric generating facilities in wholesale energy markets primarily in the United States as well as in Canada and Spain. Corporate and Other segment represents other business activities primarily NextEra Energy Transmission LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission LLC a transmission service provider in Texas and New Hampshire Transmission LLC a transmission owner in ISO New England.

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