Nextera Energy Inc (NYSE:NEE) Shifting Institutional Investors Sentiment

April 25, 2018 - By Hazel Jackson

NextEra Energy, Inc. (NYSE:NEE) Logo

Sentiment for Nextera Energy Inc (NYSE:NEE)

Nextera Energy Inc (NYSE:NEE) institutional sentiment increased to 1.04 in 2017 Q4. Its up 0.09, from 0.95 in 2017Q3. The ratio is positive, as 459 funds increased and started new equity positions, while 441 decreased and sold holdings in Nextera Energy Inc. The funds in our partner’s database now hold: 340.36 million shares, down from 344.40 million shares in 2017Q3. Also, the number of funds holding Nextera Energy Inc in their top 10 equity positions decreased from 34 to 29 for a decrease of 5. Sold All: 36 Reduced: 405 Increased: 347 New Position: 112.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric power to retail and wholesale clients in North America. The company has market cap of $75.68 billion. The firm generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It has a 14.11 P/E ratio. It also provides risk management services related to power and gas consumption.

The stock decreased 1.01% or $1.64 during the last trading session, reaching $160.53. About 367,462 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since April 25, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

Lehman Financial Resources Inc. holds 21.05% of its portfolio in NextEra Energy, Inc. for 259,408 shares. Ecofin Ltd owns 194,459 shares or 6.79% of their US portfolio. Moreover, Electron Capital Partners Llc has 5.34% invested in the company for 202,776 shares. The New Jersey-based Reaves W H & Co Inc has invested 5.25% in the stock. Crow Point Partners Llc, a Massachusetts-based fund reported 200,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 7 sales for $10.59 million activity.

NextEra Energy, Inc. (NYSE:NEE) Ratings Coverage

Ratings analysis reveals 100% of NextEra Energy Inc’s analysts are positive. Out of 8 Wall Street analysts rating NextEra Energy Inc, 8 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $156.0 while the high is $182.0. The stock’s average target of $171.63 is 6.91% above today’s ($160.53) share price. NEE was included in 13 notes of analysts from November 5, 2017. The stock has “Buy” rating by Guggenheim on Tuesday, January 2. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by Morgan Stanley on Thursday, March 8. The rating was maintained by JP Morgan with “Overweight” on Tuesday, April 10. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, November 5 report. The company was maintained on Wednesday, December 13 by Morgan Stanley. The rating was maintained by Guggenheim on Friday, January 26 with “Buy”. Morgan Stanley maintained the shares of NEE in report on Monday, November 13 with “Overweight” rating. Morgan Stanley maintained the shares of NEE in report on Tuesday, February 13 with “Overweight” rating. Morgan Stanley maintained NextEra Energy, Inc. (NYSE:NEE) on Monday, April 16 with “Overweight” rating. KeyBanc Capital Markets maintained NextEra Energy, Inc. (NYSE:NEE) on Wednesday, April 18 with “Overweight” rating.

NextEra Energy, Inc. (NYSE:NEE) Institutional Positions Chart

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