Savant Capital buys $739,293 stake in NextEra Energy Inc (NEE)

NextEra Energy Inc (NEE) : Savant Capital scooped up 390 additional shares in NextEra Energy Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 6,122 shares of NextEra Energy Inc which is valued at $739,293.NextEra Energy Inc makes up approximately 0.23% of Savant Capital’s portfolio.

Other Hedge Funds, Including , Mycio Wealth Partners reduced its stake in NEE by selling 178 shares or 89.9% in the most recent quarter. The Hedge Fund company now holds 20 shares of NEE which is valued at $2,415.Mutual Of America Capital Management boosted its stake in NEE in the latest quarter, The investment management firm added 642 additional shares and now holds a total of 51,880 shares of NextEra Energy Inc which is valued at $6.3 Million. NextEra Energy Inc makes up approx 0.14% of Mutual Of America Capital Management’s portfolio.Davidson Garrard Inc boosted its stake in NEE in the latest quarter, The investment management firm added 205 additional shares and now holds a total of 4,622 shares of NextEra Energy Inc which is valued at $547,661. NextEra Energy Inc makes up approx 0.14% of Davidson Garrard Inc’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in NEE in the latest quarter, The investment management firm added 5,192 additional shares and now holds a total of 71,852 shares of NextEra Energy Inc which is valued at $8.5 Million. NextEra Energy Inc makes up approx 0.23% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Hamilton Point Investment Advisors boosted its stake in NEE in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 15,326 shares of NextEra Energy Inc which is valued at $1.8 Million. NextEra Energy Inc makes up approx 1.23% of Hamilton Point Investment Advisors’s portfolio.

NextEra Energy Inc opened for trading at $120.34 and hit $121.51 on the upside on Monday, eventually ending the session at $121.48, with a gain of 0.60% or 0.72 points. The heightened volatility saw the trading volume jump to 13,23,166 shares. Company has a market cap of $56,056 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.

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