NextEra Energy Inc (NEE) : First National Bank Sioux Falls reduced its stake in NextEra Energy Inc by 27.5% during the most recent quarter end. The investment management company now holds a total of 1,450 shares of NextEra Energy Inc which is valued at $171,811 after selling 550 shares in NextEra Energy Inc , the firm said in a disclosure report filed with the SEC on May 3, 2016.NextEra Energy Inc makes up approximately 0.57% of First National Bank Sioux Falls’s portfolio.
Other Hedge Funds, Including , Municipal Employees’ Retirement System Of Michigan boosted its stake in NEE in the latest quarter, The investment management firm added 280 additional shares and now holds a total of 18,200 shares of NextEra Energy Inc which is valued at $2,156,518. NextEra Energy Inc makes up approx 0.14% of Municipal Employees’ Retirement System Of Michigan’s portfolio.Rockefeller Financial Services Inc boosted its stake in NEE in the latest quarter, The investment management firm added 534 additional shares and now holds a total of 1,119 shares of NextEra Energy Inc which is valued at $131,572. Van Hulzen Asset Management sold out all of its stake in NEE during the most recent quarter. The investment firm sold 1,506 shares of NEE which is valued $177,075. Malaga Cove Capital sold out all of its stake in NEE during the most recent quarter. The investment firm sold 5,504 shares of NEE which is valued $647,160.Sigma Planning Corp boosted its stake in NEE in the latest quarter, The investment management firm added 1,361 additional shares and now holds a total of 14,891 shares of NextEra Energy Inc which is valued at $1,704,126. NextEra Energy Inc makes up approx 0.23% of Sigma Planning Corp’s portfolio.
NextEra Energy Inc opened for trading at $119.28 and hit $119.99 on the upside on Tuesday, eventually ending the session at $119.6, with a gain of 0.60% or 0.71 points. The heightened volatility saw the trading volume jump to 11,59,333 shares. Company has a market cap of $55,189 M.
On the company’s financial health, NextEra Energy Inc reported $1.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.39.Analysts expectations of $ 3964.87.During the same quarter in the previous year, the company posted $1.41 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 .
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.