Nextera Energy Partners (NYSE:NEP) Coverage Initiated by Analysts at StockNews.com

Posted by ABMN Staff on Apr 9th, 2025

Research analysts at StockNews.com began coverage on shares of Nextera Energy Partners (NYSE:NEP – Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the stock.

NEP has been the topic of a number of other research reports. Barclays dropped their target price on Nextera Energy Partners from $17.00 to $7.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. Morgan Stanley reiterated an “underweight” rating and issued a $13.00 price objective (down previously from $22.00) on shares of Nextera Energy Partners in a research note on Monday, February 3rd.

Read Our Latest Stock Analysis on NEP

Nextera Energy Partners Price Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.02. The company has a market capitalization of $983.47 million, a PE ratio of -105.15 and a beta of 1.03. Nextera Energy Partners has a 52-week low of $9.98 and a 52-week high of $35.15.

Institutional Trading of Nextera Energy Partners

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Natural Investments LLC purchased a new stake in Nextera Energy Partners in the 4th quarter worth approximately $504,000. Prescott Group Capital Management L.L.C. acquired a new position in shares of Nextera Energy Partners in the 4th quarter valued at $3,916,000. Amundi boosted its holdings in Nextera Energy Partners by 90.9% during the fourth quarter. Amundi now owns 414,240 shares of the company’s stock worth $7,564,000 after buying an additional 197,286 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Nextera Energy Partners during the fourth quarter valued at $9,163,000. 66.01% of the stock is owned by institutional investors and hedge funds.

About Nextera Energy Partners

(Get Free Report)

NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.