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Rathbones Group PLC Sells 12,830 Shares of NextEra Energy, Inc. $NEE
Rathbones Group PLC reduced its stake in NextEra Energy, Inc. by 3.3% in the fourth quarter, selling 12,830 shares and holding 377,738 shares valued at $30.33 million. Despite this sale, other institutional investors significantly increased their holdings in NextEra Energy, and analysts maintain a “Moderate Buy” rating with a consensus target price of $94.72. NextEra Energy reported strong financial results, including an EPS beat and a 20.7% year-over-year revenue increase, and recently increased its quarterly dividend.