M. Kraus Co Lowers stake in NextEra Energy Inc (NEE)

NextEra Energy Inc (NEE) : M. Kraus Co reduced its stake in NextEra Energy Inc by 0.46% during the most recent quarter end. The investment management company now holds a total of 34,848 shares of NextEra Energy Inc which is valued at $4,527,801 after selling 160 shares in NextEra Energy Inc , the firm said in a disclosure report filed with the SEC on Jul 6, 2016.NextEra Energy Inc makes up approximately 2.65% of M. Kraus Co’s portfolio.

Other Hedge Funds, Including , Iowa State Bank added NEE to its portfolio by purchasing 428 company shares during the most recent quarter which is valued at $55,610. NextEra Energy Inc makes up approx 0.03% of Iowa State Bank’s portfolio.Indiana Trust Investment Management Co reduced its stake in NEE by selling 110 shares or 1.36% in the most recent quarter. The Hedge Fund company now holds 7,986 shares of NEE which is valued at $1,045,128. NextEra Energy Inc makes up approx 0.55% of Indiana Trust Investment Management Co’s portfolio. Pensionfund Sabic sold out all of its stake in NEE during the most recent quarter. The investment firm sold 17,900 shares of NEE which is valued $2,342,573. Pensionfund Dsm Netherlands sold out all of its stake in NEE during the most recent quarter. The investment firm sold 37,600 shares of NEE which is valued $4,920,712.Cullinan Associates Inc reduced its stake in NEE by selling 18,570 shares or 26.66% in the most recent quarter. The Hedge Fund company now holds 51,085 shares of NEE which is valued at $6,627,257. NextEra Energy Inc makes up approx 0.54% of Cullinan Associates Inc’s portfolio.

NextEra Energy Inc closed down -0.24 points or -0.18% at $129.69 with 13,76,949 shares getting traded on Monday. Post opening the session at $129.41, the shares hit an intraday low of $128.09 and an intraday high of $129.74 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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.

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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