Electron Capital Partners LLC Cut Its Nextera Energy INC (NEE) Stake by $12.67 Million

April 16, 2018 - By Maria Brooks

NextEra Energy, Inc. (NYSE:NEE) LogoInvestors sentiment increased to 1.04 in 2017 Q4. Its up 0.09, from 0.95 in 2017Q3. It is positive, as 36 investors sold NEE shares while 405 reduced holdings. 112 funds opened positions while 347 raised stakes. 340.36 million shares or 1.17% less from 344.40 million shares in 2017Q3 were reported. Voya Investment Mgmt Limited Com owns 1.24M shares. Dekabank Deutsche Girozentrale accumulated 802,869 shares or 0.94% of the stock. Bernzott Capital stated it has 2,000 shares. Covington holds 0.81% or 84,305 shares. Bnp Paribas Asset Mngmt Holdings reported 163,647 shares or 0.22% of all its holdings. Dupont Cap Mngmt Corporation reported 24,481 shares stake. Moreover, Eqis Mgmt has 0.16% invested in NextEra Energy, Inc. (NYSE:NEE). Advsrs Capital Mngmt Limited Liability Com holds 0.02% in NextEra Energy, Inc. (NYSE:NEE) or 1,376 shares. Natl Asset Mgmt owns 0.3% invested in NextEra Energy, Inc. (NYSE:NEE) for 14,185 shares. Cadence Savings Bank Na holds 0.19% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 3,367 shares. Savings Bank Of Stockton, a California-based fund reported 5,184 shares. Ruggie stated it has 0.15% in NextEra Energy, Inc. (NYSE:NEE). Prudential Public Ltd Llc holds 0.01% or 11,776 shares. Silvercrest Asset Gp Lc has invested 0.02% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Moreover, Miles has 0.87% invested in NextEra Energy, Inc. (NYSE:NEE) for 9,635 shares.

Since February 6, 2018, it had 0 insider buys, and 7 insider sales for $10.59 million activity. Shares for $2.08M were sold by Nazar Manoochehr K on Thursday, March 15. The insider Pimentel Armando Jr sold 9,250 shares worth $1.40 million. 2,844 shares valued at $439,881 were sold by Sieving Charles E on Thursday, February 15. Shares for $809,690 were sold by YEAGER WILLIAM L. $803,691 worth of NextEra Energy, Inc. (NYSE:NEE) shares were sold by Arechabala Miguel.

Jos Shaver decreased its stake in Nextera Energy Inc (NEE) by 28.6% based on its latest 2017Q4 regulatory filing with the SEC. Electron Capital Partners Llc sold 81,241 shares as the company’s stock rose 5.21% while stock markets declined. The hedge fund run by Jos Shaver held 202,776 shares of the public utilities company at the end of 2017Q4, valued at $31.67M, down from 284,017 at the end of the previous reported quarter. Electron Capital Partners Llc who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $76.52B market cap company. The stock increased 1.30% or $2.09 during the last trading session, reaching $162.31. About 567,462 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since April 16, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on April, 20. They expect $1.72 earnings per share, down 1.71 % or $0.03 from last year’s $1.75 per share. NEE’s profit will be $810.85M for 23.59 P/E if the $1.72 EPS becomes a reality. After $1.25 actual earnings per share reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 37.60 % EPS growth.

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

Among 7 analysts covering NextEra Energy Inc (NYSE:NEE), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NextEra Energy Inc had 11 analyst reports since November 5, 2017 according to SRatingsIntel. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Buy” rating by Guggenheim on Tuesday, January 2. The company was maintained on Sunday, November 5 by RBC Capital Markets. As per Monday, November 13, the company rating was maintained by Morgan Stanley. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by Morgan Stanley on Wednesday, December 13. The firm has “Overweight” rating by Morgan Stanley given on Thursday, March 8. The company was maintained on Friday, January 26 by Guggenheim. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by Morgan Stanley on Tuesday, February 13. The rating was maintained by JP Morgan on Tuesday, April 10 with “Overweight”.

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

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