NextEra Energy, Inc. (NYSE:NEE) has experienced a substantial increase in its stake by institutional investor Laffer Tengler Investments Inc. During the third quarter, the investor reported a 902.5% increase in its holdings of the utilities provider’s stock. After buying an additional 39,718 shares, Laffer Tengler Investments Inc. now owns 44,119 shares of NextEra Energy, worth $3,729,000.
This surge in institutional investment follows similar moves made by other hedge funds and institutional investors. Proffitt & Goodson Inc. grew its position in NextEra Energy by 64.0%, Semmax Financial Advisors Inc. increased its holdings by 197.4%, Reston Wealth Management LLC purchased a new position, and Valley Wealth Managers Inc. and Maryland Capital Advisors Inc. both bought new stakes in the company. Altogether, institutional investors now own 78.72% of NextEra Energy’s stock.
Despite this increase in investor interest, NextEra Energy’s stock experienced a slight decrease of 0.3% during trading hours on Monday. The company’s shares traded at $76.71, with a trading volume of 1,281,081 shares. However, NextEra Energy has a market capitalization of $157.75 billion and a solid financial position.
NextEra Energy recently announced a quarterly dividend to be paid on December 16th. Investors of record on November 22nd will receive a dividend of $0.515 per share. This represents an annualized dividend of $2.06 and a yield of 2.69%. The company’s dividend payout ratio is currently 60.95%.
Analysts have provided mixed views on NextEra Energy, with some downgrading their rating to “hold” and others maintaining a positive outlook. However, the company’s solid financial performance and diversified energy portfolio position it well for future growth.
An FAQ section based on the main topics and information presented in the article:
Q: What is the recent increase in NextEra Energy’s stake by institutional investor Laffer Tengler Investments Inc.?
A: Laffer Tengler Investments Inc. reported a 902.5% increase in its holdings of NextEra Energy’s stock during the third quarter.
Q: How many shares does Laffer Tengler Investments Inc. now own of NextEra Energy?
A: After buying an additional 39,718 shares, Laffer Tengler Investments Inc. now owns 44,119 shares of NextEra Energy, worth $3,729,000.
Q: Are there other institutional investors that have increased their stake in NextEra Energy?
A: Yes, other hedge funds and institutional investors like Proffitt & Goodson Inc., Semmax Financial Advisors Inc., Reston Wealth Management LLC, Valley Wealth Managers Inc., and Maryland Capital Advisors Inc. have also increased their holdings in NextEra Energy.
Q: What percentage of NextEra Energy’s stock is owned by institutional investors?
A: Institutional investors now own 78.72% of NextEra Energy’s stock.
Q: Has NextEra Energy’s stock price been affected by the increase in investor interest?
A: Despite the increase in investor interest, NextEra Energy’s stock experienced a slight decrease of 0.3% during trading hours on Monday.
Q: What is NextEra Energy’s market capitalization?
A: NextEra Energy has a market capitalization of $157.75 billion.
Q: When will NextEra Energy pay its quarterly dividend?
A: NextEra Energy recently announced that the quarterly dividend will be paid on December 16th.
Q: How much is the dividend per share?
A: Investors of record on November 22nd will receive a dividend of $0.515 per share.
Q: What is the dividend payout ratio of NextEra Energy?
A: The company’s dividend payout ratio is currently 60.95%.
Q: What is the analysts’ view on NextEra Energy?
A: Analysts’ views on NextEra Energy are mixed, with some downgrading their rating to “hold” and others maintaining a positive outlook.
Definitions for key terms or jargon used within the article:
– Stake: The financial interest or ownership in a company or investment, often represented by the number of shares held.
– Institutional Investor: An organization or corporation that invests large amounts of money on behalf of other individuals or organizations, such as mutual funds, pension funds, or insurance companies.
– Holdings: The securities, assets, or investments that an individual or entity owns.
– Trading Volume: The number of shares or contracts traded of a particular security or financial instrument during a given period.
– Market Capitalization: The total value of a company’s outstanding shares of stock, calculated by multiplying the share price by the number of shares outstanding.
– Dividend: A distribution of a portion of a company’s earnings to its shareholders.
– Dividend Payout Ratio: The proportion of a company’s earnings paid out as dividends to shareholders.
– Rating: An assessment or evaluation of the quality or potential performance of an investment or company. In this case, it refers to analysts’ ratings on NextEra Energy stock.
Suggested related link:
– NextEra Energy Official Website
The source of the article is from the blog mendozaextremo.com.ar