NextEra Energy Inc’s Trend Up, Especially After This Options Activity

 NextEra Energy Inc's Trend Up, Especially After This Options Activity

In today’s session NextEra Energy Inc (NEE) registered an unusually high (161) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious NEE increase. With 161 contracts traded and 19434 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: NEE161021C00125000 closed last at: $0.4 or 42.9% down. About 1.11 million shares traded hands. NextEra Energy Inc (NYSE:NEE) has risen 6.00% since September 6, 2016 and is uptrending. It has underperformed by 2.34% the S&P500.

Analysts await NextEra Energy Inc (NYSE:NEE) to report earnings on October, 26. They expect $1.68 EPS, up 5.00% or $0.08 from last year’s $1.6 per share. NEE’s profit will be $773.75 million for 17.66 P/E if the $1.68 EPS becomes a reality. After $1.67 actual EPS reported by NextEra Energy Inc for the previous quarter, Wall Street now forecasts 0.60% EPS growth.

NextEra Energy Inc (NYSE:NEE) Ratings Coverage

Out of 7 analysts covering Nextera Energy Inc. (NYSE:NEE), 7 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Nextera Energy Inc. has been the topic of 16 analyst reports since August 5, 2015 according to StockzIntelligence Inc. On Tuesday, August 11 the stock rating was maintained by M Partners with “Buy”. The company was upgraded on Monday, August 31 by Zacks. Howard Weil initiated it with “Sector Outperform” rating and $122 target price in Tuesday, November 17 report. The rating was maintained by Deutsche Bank on Monday, October 5 with “Buy”. Argus Research maintained NextEra Energy Inc (NYSE:NEE) rating on Thursday, March 17. Argus Research has “Buy” rating and $128 price target. Barclays Capital maintained the stock with “Overweight” rating in Friday, March 18 report. Robert W. Baird upgraded the shares of NEE in a report on Friday, January 29 to “Outperform” rating. Argus Research maintained NextEra Energy Inc (NYSE:NEE) rating on Friday, August 7. Argus Research has “Buy” rating and $118 price target.

According to Zacks Investment Research, “NextEra Energy, Inc. is a leading clean energy company. Headquartered in Juno Beach, Fla., NextEra Energy’s principal subsidiaries are Florida Power & Light Company and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin.”

Insitutional Activity: The institutional sentiment increased to 1.02 in Q2 2016. Its up 0.03, from 0.99 in 2016Q1. The ratio increased, as 63 funds sold all NextEra Energy Inc shares owned while 367 reduced positions. 66 funds bought stakes while 372 increased positions. They now own 333.79 million shares or 3.22% less from 344.90 million shares in 2016Q1.
Annex Advisory Service Limited Liability Corporation accumulated 7,452 shares or 0.26% of the stock. Vnbtrust Association holds 0.21% of its portfolio in NextEra Energy Inc (NYSE:NEE) for 2,750 shares. Citadel Advisors Ltd Liability Company has 140,849 shares for 0.02% of their US portfolio. Aqr Cap, a Connecticut-based fund reported 452,777 shares. Stevens First Principles Invest Advsrs holds 3.24% or 33,288 shares in its portfolio. Stifel Fincl holds 0.36% or 592,367 shares in its portfolio. Ancora Advsr Ltd Liability Company holds 14,029 shares or 0.21% of its portfolio. Blackrock holds 0.25% or 1.28 million shares in its portfolio. Rmb Cap Mngmt Lc accumulated 0.01% or 1,623 shares. Boys Arnold & Co, a North Carolina-based fund reported 30,227 shares. Cidel Asset Mngmt holds 148,882 shares or 1.13% of its portfolio. Mark Sheptoff Planning Ltd Liability Com has 2.21% invested in the company for 22,677 shares. Burke Herbert State Bank reported 5,458 shares or 0.65% of all its holdings. Hanlon Mngmt Incorporated holds 43,687 shares or 0.49% of its portfolio. Schroder Group Incorporated last reported 0.29% of its portfolio in the stock.

Insider Transactions: Since May 19, 2016, the stock had 0 insider buys, and 6 sales for $10.52 million net activity. Another trade for 4,796 shares valued at $623,480 was made by CUTLER PAUL I on Thursday, June 30. Another trade for 11,697 shares valued at $1.45 million was made by Kelliher Joseph T on Wednesday, June 15. ROBO JAMES L sold $5.13 million worth of NextEra Energy Inc (NYSE:NEE) on Thursday, May 19. The insider FROGGATT CHRIS N sold 16,467 shares worth $2.10 million. Silagy Eric E had sold 5,000 shares worth $618,830.

NextEra Energy, Inc. is a holding company. The company has a market cap of $54.66 billion. The Firm is an electric power firm in North America with electric generating facilities located in over 30 states in the United States and approximately five provinces in Canada. It has a 21.21 P/E ratio. NEE’s operating divisions are FPL, an electric utility, and NEER, an energy business.

NEE Company Profile

NextEra Energy, Inc. (NEE), incorporated on September 10, 1984, is a holding company. The Firm is an electric power firm in North America with electric generating facilities located in over 30 states in the United States and approximately five provinces in Canada. NEE’s operating divisions are FPL, an electric utility, and NEER, an energy business. NEE provides retail and wholesale electric services to over 5.3 million customers, and owns generation, transmission and distribution facilities to support its services, as well as has investments in gas infrastructure assets. The Firm also provides risk management services related to power and gas consumption related to its own generation assets and for a limited number of wholesale clients in selected markets. NEE also generates renewable energy from the wind and sun. NEE also owns and operates eight reactors at five sites located in four states of the United States. The Firm conducts its activities through two subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). NextEra Energy Capital Holdings, Inc. (NEECH), another subsidiary of NEE, owns and provides funding for NEER’s and NEE’s operating subsidiaries, other than FPL and its subsidiaries.

More important recent NextEra Energy Inc (NYSE:NEE) news were published by: Forbes.com which released: “NextEra Energy Stock Sees Short Interest Fall 45.4%” on September 27, 2016, also Prnewswire.com published article titled: “FPL completes final storm preparations; urges customers to prepare for …”, Prnewswire.com published: “NextEra Energy and NextEra Energy Partners chairman and chief executive …” on September 23, 2016. More interesting news about NextEra Energy Inc (NYSE:NEE) was released by: Prnewswire.com and their article: “Xcel Energy, NextEra Energy Resources celebrate commissioning of Roswell and …” with publication date: October 06, 2016.

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