KCM Investment Advisors LLC Decreases Stake in NextEra Energy, Inc. $NEE

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KCM Investment Advisors LLC reduced its stake in NextEra Energy, Inc. by 4.2% in the third quarter, now owning 366,065 shares valued at $27.63 million. Other institutional investors also adjusted their positions, and 78.72% of the stock is held by hedge funds and institutions. The company recently announced an increased quarterly dividend and reported Q3 earnings that beat estimates, though revenue was below expectations.

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