Bollard Group buys $18,709,256 stake in NextEra Energy Inc (NEE)

NextEra Energy Inc (NEE) : Bollard Group scooped up 949 additional shares in NextEra Energy Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 144,128 shares of NextEra Energy Inc which is valued at $18,709,256.NextEra Energy Inc makes up approximately 1.26% of Bollard Group’s portfolio.

Other Hedge Funds, Including , Duncker Streett Co Inc boosted its stake in NEE in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 1,096 shares of NextEra Energy Inc which is valued at $142,272. NextEra Energy Inc makes up approx 0.05% of Duncker Streett Co Inc’s portfolio.Boys Arnold Co Inc boosted its stake in NEE in the latest quarter, The investment management firm added 26,534 additional shares and now holds a total of 30,227 shares of NextEra Energy Inc which is valued at $3,876,613. NextEra Energy Inc makes up approx 0.65% of Boys Arnold Co Inc’s portfolio.Capstone Asset Management Co boosted its stake in NEE in the latest quarter, The investment management firm added 8,705 additional shares and now holds a total of 67,244 shares of NextEra Energy Inc which is valued at $8,618,663. NextEra Energy Inc makes up approx 0.25% of Capstone Asset Management Co’s portfolio. Iowa State Bank added NEE to its portfolio by purchasing 428 company shares during the most recent quarter which is valued at $55,610. NextEra Energy Inc makes up approx 0.03% of Iowa State Bank’s portfolio.

NextEra Energy Inc closed down -0.88 points or -0.69% at $127.21 with 16,86,777 shares getting traded on Wednesday. Post opening the session at $128.57, the shares hit an intraday low of $127.15 and an intraday high of $128.65 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, NextEra Energy Inc reported $1.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.39.Analysts expectations of $ 3964.87.During the same quarter in the previous year, the company posted $1.41 EPS.

Many Wall Street Analysts have commented on NextEra Energy Inc. Company shares were Reiterated by Mizuho on Jul 18, 2016 to “Buy”, Firm has raised the Price Target to $ 138 from a previous price target of $125 .

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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