Eversource Energy (ES) : Exxonmobil Investment Management Inc Tx reduced its stake in Eversource Energy by 1.36% during the most recent quarter end. The investment management company now holds a total of 80,994 shares of Eversource Energy which is valued at $4,247,325 after selling 1,115 shares in Eversource Energy , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Eversource Energy makes up approximately 0.09% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , First Mercantile Trust Co reduced its stake in ES by selling 6,374 shares or 17.3% in the most recent quarter. The Hedge Fund company now holds 30,478 shares of ES which is valued at $1,598,266. Eversource Energy makes up approx 0.21% of First Mercantile Trust Co’s portfolio.Chevy Chase Trust Holdings reduced its stake in ES by selling 5,688 shares or 2.09% in the most recent quarter. The Hedge Fund company now holds 266,084 shares of ES which is valued at $13,985,375. Eversource Energy makes up approx 0.08% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ES by selling 130,447 shares or 72.02% in the most recent quarter. The Hedge Fund company now holds 50,690 shares of ES which is valued at $2,664,266. Eversource Energy makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Washington Trust Bank boosted its stake in ES in the latest quarter, The investment management firm added 758 additional shares and now holds a total of 1,545 shares of Eversource Energy which is valued at $81,205. Eversource Energy makes up approx 0.02% of Washington Trust Bank’s portfolio.Lvm Capital Management Ltdmi boosted its stake in ES in the latest quarter, The investment management firm added 3,600 additional shares and now holds a total of 8,486 shares of Eversource Energy which is valued at $446,024. Eversource Energy makes up approx 0.14% of Lvm Capital Management Ltdmi’s portfolio.
Eversource Energy closed down -0.28 points or -0.53% at $52.44 with 15,09,784 shares getting traded on Friday. Post opening the session at $53.01, the shares hit an intraday low of $52.29 and an intraday high of $53.57 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Eversource Energy reported $0.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.65. The company had revenue of $1767.18 million for the quarter, compared to analysts expectations of $1791.70 million. The company’s revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.65 EPS.
Eversource Energy formerly Northeast Utilities is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution electric transmission and natural gas distribution. The Company’s electric distribution segment provides electricity to retail customers in Connecticut and eastern Massachusetts. The electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The natural gas distribution segment provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year such as residential customers who rely on natural gas for heating hot water and cooking needs and commercial and industrial customers who choose to purchase natural gas from the Company’s natural gas distribution companies.