Unbiased Advisor Alliance has raised its stake in NextEra Power, Inc. by 20.9% through the first quarter, in line with their newest submitting with the Securities and Trade Fee. The corporate now owns 124,703 shares of NextEra Power, value $9,612,000.
Different institutional buyers have additionally elevated their stakes in NextEra Power. Constitution Oak Capital Administration added 130 shares, Horan Securities elevated their place by 22.6%, Nvest Monetary acquired a further 132 shares, White Pine Capital raised its place by 0.8%, and Keystone Wealth Companies now holds 136 extra shares.
A number of analysis companies have additionally given scores to NextEra Power. StockNews.com has given the inventory a “maintain” score, whereas The Goldman Sachs Group and JPMorgan Chase & Co. have each issued a “purchase” score. Morgan Stanley lowered their worth goal to $90.00 and gave the inventory an “chubby” score.
By way of insider transactions, EVP Robert Coffey offered 4,000 shares, valued at $299,600. Director Kirk S. Hachigian not too long ago acquired 10,000 shares value $679,500.
NextEra Power’s inventory closed at $66.91 on Friday, with a 50-day shifting common of $71.20 and a 200-day shifting common of $73.94. The corporate has a market capitalization of $135.41 billion and a beta of 0.46.
NextEra Power not too long ago reported earnings of $0.88 per share for the second quarter, surpassing analysts’ estimates of $0.81. The corporate recorded income of $7.35 billion, in comparison with analyst expectations of $6.68 billion.
As well as, NextEra Power declared a quarterly dividend, with shareholders of file receiving a $0.4675 dividend. The ex-dividend date for this fee is August thirtieth.
Sources:
– SEC submitting by Unbiased Advisor Alliance
– StockNews.com score report
– Insider transactions submitting with the SEC
