Nextera Energy INC (NEE) Stock Value Rose While Pictet Asset Management LTD Has Decreased Its Position by $21.47 Million

September 8, 2018 - By Palma Niemeyer

NextEra Energy, Inc. (NYSE:NEE) LogoInvestors sentiment decreased to 0.85 in 2018 Q1. Its down 0.19, from 1.04 in 2017Q4. It dropped, as 43 investors sold NEE shares while 462 reduced holdings. 98 funds opened positions while 331 raised stakes. 342.36 million shares or 0.59% more from 340.36 million shares in 2017Q4 were reported. Eads & Heald Investment Counsel holds 1.01% or 9,762 shares in its portfolio. Luminus Ltd accumulated 1.12% or 331,800 shares. Indiana Trust & Investment Mgmt owns 6,003 shares for 0.45% of their portfolio. 10,491 are owned by Wade G W And. City Fl owns 22,031 shares. Farr Miller And Washington Limited Liability Co Dc has 0.03% invested in NextEra Energy, Inc. (NYSE:NEE). Vanguard reported 39.72M shares or 0.28% of all its holdings. West Oak Llc holds 0% in NextEra Energy, Inc. (NYSE:NEE) or 16,981 shares. Murphy Cap Mgmt has invested 0.15% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). Tiaa Cref Invest Mgmt Ltd Llc stated it has 1.85M shares. Narwhal holds 5,873 shares. Peapack Gladstone Financial Corporation reported 0% stake. Mcrae Cap Mgmt reported 3,000 shares. Lbmc Investment Advsrs Limited Liability Co has invested 0.04% in NextEra Energy, Inc. (NYSE:NEE). Netherlands-based Robeco Institutional Asset Mgmt Bv has invested 0.29% in NextEra Energy, Inc. (NYSE:NEE).

Since March 15, 2018, it had 0 buys, and 9 insider sales for $28.21 million activity. The insider Silagy Eric E sold $2.92M. 5,133 shares were sold by YEAGER WILLIAM L, worth $809,690 on Thursday, March 15. Shares for $12.78 million were sold by ROBO JAMES L on Thursday, May 17. Nazar Manoochehr K also sold $2.08M worth of NextEra Energy, Inc. (NYSE:NEE) shares. 8,336 NextEra Energy, Inc. (NYSE:NEE) shares with value of $1.31M were sold by Pimentel Armando Jr.

Pictet Asset Management Ltd decreased its stake in Nextera Energy Inc (NEE) by 5.45% based on its latest 2018Q1 regulatory filing with the SEC. Pictet Asset Management Ltd sold 131,699 shares as the company’s stock rose 5.02% while stock markets declined. The institutional investor held 2.28M shares of the public utilities company at the end of 2018Q1, valued at $373.20M, down from 2.42 million at the end of the previous reported quarter. Pictet Asset Management Ltd who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $81.16 billion market cap company. The stock decreased 0.99% or $1.72 during the last trading session, reaching $172.1. About 1.90 million shares traded or 12.83% up from the average. NextEra Energy, Inc. (NYSE:NEE) has risen 15.44% since September 8, 2017 and is uptrending. It has outperformed by 2.87% the S&P500.

Pictet Asset Management Ltd, which manages about $40.54 billion US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 88,058 shares to 680,366 shares, valued at $64.35 million in 2018Q1, according to the filing. It also increased its holding in Chevron Corp New (NYSE:CVX) by 41,225 shares in the quarter, for a total of 1.15M shares, and has risen its stake in Kinder Morgan Inc Del (NYSE:KMI).

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on October, 25. They expect $2.15 earnings per share, up 16.22 % or $0.30 from last year’s $1.85 per share. NEE’s profit will be $1.01 billion for 20.01 P/E if the $2.15 EPS becomes a reality. After $2.11 actual earnings per share reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 1.90 % EPS growth.

More recent NextEra Energy, Inc. (NYSE:NEE) news were published by: which released: “Electric sector loses court challenge to Mass. climate change rule” on September 04, 2018. Also published the news titled: “Is NextEra Energy, Inc. a Buy?” on August 13, 2018.‘s news article titled: “No more nukes: Duke Energy writes new nuclear out of its long-range plan” with publication date: September 05, 2018 was also an interesting one.

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

Among 6 analysts covering NextEra Energy (NYSE:NEE), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. NextEra Energy had 10 analyst reports since April 10, 2018 according to SRatingsIntel. On Monday, July 16 the stock rating was maintained by Morgan Stanley with “Overweight”. The company was maintained on Tuesday, April 10 by JP Morgan. KeyBanc Capital Markets maintained NextEra Energy, Inc. (NYSE:NEE) rating on Thursday, July 19. KeyBanc Capital Markets has “Overweight” rating and $178 target. JP Morgan maintained NextEra Energy, Inc. (NYSE:NEE) on Thursday, April 26 with “Overweight” rating. Howard Weil maintained the shares of NEE in report on Tuesday, July 24 with “Sector Perform” rating. As per Wednesday, April 18, the company rating was maintained by KeyBanc Capital Markets. The company was maintained on Wednesday, June 13 by Morgan Stanley. The firm has “Overweight” rating given on Monday, April 16 by Morgan Stanley.

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

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