Entergy Corporation (ETR) : Polaris Greystone Financial Group scooped up 33,489 additional shares in Entergy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 205,761 shares of Entergy Corporation which is valued at $16,528,781.Entergy Corporation makes up approximately 2.52% of Polaris Greystone Financial Group’s portfolio.
Other Hedge Funds, Including , Quantitative Investment Management added ETR to its portfolio by purchasing 33,500 company shares during the most recent quarter which is valued at $2,691,055. Entergy Corporation makes up approx 0.12% of Quantitative Investment Management’s portfolio.Ngam Advisors boosted its stake in ETR in the latest quarter, The investment management firm added 14,617 additional shares and now holds a total of 30,451 shares of Entergy Corporation which is valued at $2,446,129. Entergy Corporation makes up approx 0.03% of Ngam Advisors’s portfolio.Nordea Investment Management Ab reduced its stake in ETR by selling 1,442,788 shares or 49.94% in the most recent quarter. The Hedge Fund company now holds 1,446,319 shares of ETR which is valued at $115,647,667. Entergy Corporation makes up approx 0.33% of Nordea Investment Management Ab’s portfolio.Gateway Investment Advisers reduced its stake in ETR by selling 100 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 15,003 shares of ETR which is valued at $1,214,043. Entergy Corporation makes up approx 0.01% of Gateway Investment Advisers’s portfolio.
Entergy Corporation opened for trading at $79.64 and hit $80.39 on the upside on Monday, eventually ending the session at $79.75, with a gain of 0.20% or 0.16 points. The heightened volatility saw the trading volume jump to 11,91,194 shares. Company has a market cap of $14,274 M.
On the company’s financial health, Entergy Corporation reported $3.16 EPS for the quarter, beating the analyst consensus estimate by $ 2.12 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $1.04.Analysts expectations of $ 2822.63.During the same quarter in the previous year, the company posted $0.83 EPS.
Investors should note that on Jul 29, 2016, Entergy Corporation announced a cash dividend of $0.8500. The company’s management has announced Aug 9, 2016 as the ex-dividend date and fixed the record date on Aug 11, 2016. The payable date has been fixed on Sep 1, 2016.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30000 megawatts of aggregate electric generating capacity including approximately 10000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation transmission distribution and sale of electric power to retail and wholesale customers in areas of Arkansas Mississippi Texas and Louisiana including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.