Electron Capital Partners adds NextEra Energy Inc (NEE) to its portfolio

NextEra Energy Inc (NEE) : Electron Capital Partners added new position in NextEra Energy Inc during the most recent quarter end. The investment management firm now holds 146,583 shares of NextEra Energy Inc which is valued at $16,774,959 , the company said in a statement filed on Nov 14, 2016 with the SEC.NextEra Energy Inc makes up approximately 4.62% of Electron Capital Partners’s portfolio.

Other Hedge Funds, Including , Pictet Asset Management Ltd reduced its stake in NEE by selling 320,592 shares or 9.69% in the most recent quarter. The Hedge Fund company now holds 2,986,582 shares of NEE which is valued at $341,784,444. NextEra Energy Inc makes up approx 1.31% of Pictet Asset Management Ltd’s portfolio.Schooner Investment Group. reduced its stake in NEE by selling 1,000 shares or 40.0% in the most recent quarter. The Hedge Fund company now holds 1,500 shares of NEE which is valued at $186,990. NextEra Energy Inc makes up approx 0.76% of Schooner Investment Group.’s portfolio.High Point Bank Trust Co reduced its stake in NEE by selling 250 shares or 15.15% in the most recent quarter. The Hedge Fund company now holds 1,400 shares of NEE which is valued at $176,246. NextEra Energy Inc makes up approx 0.06% of High Point Bank Trust Co’s portfolio.

NextEra Energy Inc closed down -0.69 points or -0.60% at $114.09 with 30,67,628 shares getting traded on Monday. Post opening the session at $115.65, the shares hit an intraday low of $113.46 and an intraday high of $115.65 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 $1.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 31, 2016. Analyst had a consensus of $1.65.Analysts expectations of $ 4912.68.During the same quarter in the previous year, the company posted $1.60 EPS.

Investors should note that on Oct 14, 2016, NextEra Energy Inc announced a cash dividend of $0.8700. The company’s management has announced Nov 22, 2016 as the ex-dividend date and fixed the record date on Nov 25, 2016. The payable date has been fixed on Dec 15, 2016.

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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