Sentinel Trust Co Lba buys $5,967,656 stake in Entergy Corporation (ETR)

Entergy Corporation (ETR) : Sentinel Trust Co Lba scooped up 5,178 additional shares in Entergy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 78,398 shares of Entergy Corporation which is valued at $5,967,656.Entergy Corporation makes up approximately 0.88% of Sentinel Trust Co Lba’s portfolio.

Entergy Corporation opened for trading at $75.8 and hit $76.37 on the upside on Monday, eventually ending the session at $76.25, with a gain of 0.17% or 0.13 points. The heightened volatility saw the trading volume jump to 16,02,473 shares. Company has a market cap of $13,610 M.

Other Hedge Funds, Including , Kanaly Trust Co boosted its stake in ETR in the latest quarter, The investment management firm added 130 additional shares and now holds a total of 344 shares of Entergy Corporation which is valued at $26,185. Entergy Corporation makes up approx 0.01% of Kanaly Trust Co’s portfolio. Integrated Investment Consultants added ETR to its portfolio by purchasing 288 company shares during the most recent quarter which is valued at $21,923. Entergy Corporation makes up approx 0.01% of Integrated Investment Consultants’s portfolio.State Of Alaska Department Of Revenue boosted its stake in ETR in the latest quarter, The investment management firm added 16,491 additional shares and now holds a total of 23,249 shares of Entergy Corporation which is valued at $1,769,714. Entergy Corporation makes up approx 0.18% of State Of Alaska Department Of Revenue’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in ETR in the latest quarter, The investment management firm added 3,474 additional shares and now holds a total of 43,458 shares of Entergy Corporation which is valued at $3,308,023. Entergy Corporation makes up approx 0.07% of Exxonmobil Investment Management Inc Tx’s portfolio.Chevy Chase Trust Holdings boosted its stake in ETR in the latest quarter, The investment management firm added 3,921 additional shares and now holds a total of 152,063 shares of Entergy Corporation which is valued at $11,681,480. Entergy Corporation makes up approx 0.07% of Chevy Chase Trust Holdings’s portfolio.

On the company’s financial health, Entergy Corporation reported $1.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Feb 18, 2016. Analyst had a consensus of $1.45.Analysts expectations of $ 2930.47.During the same quarter in the previous year, the company posted $0.75 EPS.

Many Wall Street Analysts have commented on Entergy Corporation. Entergy Corporation was Downgraded by BofA/Merrill to ” Neutral” on Apr 12, 2016. Company shares were Reiterated by Jefferies on Apr 11, 2016 to “Hold”, Firm has raised the Price Target to $ 82.50 from a previous price target of $75.50 .Entergy Corporation was Upgraded by Goldman to ” Buy” on Apr 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.

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