US Bancorp DE has reduced its stake in NextEra Energy (NYSE:NEE) by 1.2%, though institutional ownership remains high at 78.72% due to significant new and increased positions from other large investors like Norges Bank and Vanguard. NextEra Energy recently increased its quarterly dividend to $0.6232 per share, yielding 2.6% annually, but insider selling activity has accelerated with the CEO and an EVP selling substantial blocks of shares. The company, a leading clean energy provider, reported quarterly earnings of $0.54 per share, slightly exceeding estimates.
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US Bancorp DE Trims Stake in NextEra Energy, Inc. $NEE
US Bancorp DE has reduced its stake in NextEra Energy (NYSE:NEE) by 1.2%, though institutional ownership remains high at 78.72% due to significant new and increased positions from other large investors like Norges Bank and Vanguard. NextEra Energy recently increased its quarterly dividend to $0.6232 per share, yielding 2.6% annually, but insider selling activity has accelerated with the CEO and an EVP selling substantial blocks of shares. The company, a leading clean energy provider, reported quarterly earnings of $0.54 per share, slightly exceeding estimates.