GSA Capital Partners LLP significantly reduced its stake in NextEra Energy (NYSE:NEE) by 81.3% in the third quarter. The utilities provider recently announced a $2.0 billion equity units offering, causing a temporary share selloff due to dilution concerns, despite also raising its quarterly dividend. NextEra Energy maintains a “Moderate Buy” analyst consensus, with institutional investors holding a substantial 78.72% of the company’s stock.
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NextEra Energy, Inc. $NEE Position Cut by GSA Capital Partners LLP
GSA Capital Partners LLP significantly reduced its stake in NextEra Energy (NYSE:NEE) by 81.3% in the third quarter. The utilities provider recently announced a $2.0 billion equity units offering, causing a temporary share selloff due to dilution concerns, despite also raising its quarterly dividend. NextEra Energy maintains a “Moderate Buy” analyst consensus, with institutional investors holding a substantial 78.72% of the company’s stock.