Entergy Corporation (ETR) : Symons Capital Management Inc scooped up 820 additional shares in Entergy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 273,096 shares of Entergy Corporation which is valued at $18,578,721.Entergy Corporation makes up approximately 4.81% of Symons Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Nuveen Asset Management added ETR to its portfolio by purchasing 13,035 company shares during the most recent quarter which is valued at $886,771. Entergy Corporation makes up approx 0.01% of Nuveen Asset Management’s portfolio.Los Angeles Capital Management Equity Research Inc boosted its stake in ETR in the latest quarter, The investment management firm added 190,773 additional shares and now holds a total of 663,928 shares of Entergy Corporation which is valued at $45,711,443. Entergy Corporation makes up approx 0.36% of Los Angeles Capital Management Equity Research Inc’s portfolio.Nn Investment Partners Holdings N.v. reduced its stake in ETR by selling 5,494 shares or 14.96% in the most recent quarter. The Hedge Fund company now holds 31,221 shares of ETR which is valued at $2,149,566. Entergy Corporation makes up approx 0.02% of Nn Investment Partners Holdings N.v.’s portfolio.
Entergy Corporation closed down -0.35 points or -0.51% at $67.83 with 12,98,358 shares getting traded on Monday. Post opening the session at $68.09, the shares hit an intraday low of $67.395 and an intraday high of $68.43 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Entergy Corporation reported $2.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.31 according to the earnings call on Oct 25, 2016. Analyst had a consensus of $2.00.Analysts expectations of $ 3535.78.During the same quarter in the previous year, the company posted $1.90 EPS.
Many Wall Street Analysts have commented on Entergy Corporation. Entergy Corporation was Downgraded by Morgan Stanley to ” Underweight” on Oct 27, 2016. Shares were Reiterated by Deutsche Bank on Oct 26, 2016 to “Hold” and Lowered the Price Target to $ 80 from a previous price target of $82 .Entergy Corporation was Upgraded by Guggenheim to ” Buy” on Aug 22, 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.