Entergy Corporation (ETR) : Mig Capital scooped up 136 additional shares in Entergy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 3,434 shares of Entergy Corporation which is valued at $273,072.Entergy Corporation makes up approximately 0.05% of Mig Capital’s portfolio.
Other Hedge Funds, Including , Cantab Capital Partners Llp reduced its stake in ETR by selling 4,259 shares or 19.57% in the most recent quarter. The Hedge Fund company now holds 17,507 shares of ETR which is valued at $1,392,157. Entergy Corporation makes up approx 0.32% of Cantab Capital Partners Llp’s portfolio.Loomis Sayles Co L P boosted its stake in ETR in the latest quarter, The investment management firm added 62 additional shares and now holds a total of 7,624 shares of Entergy Corporation which is valued at $606,260. Citadel Advisors sold out all of its stake in ETR during the most recent quarter. The investment firm sold 133,116 shares of ETR which is valued $10,585,384.Glenmede Trust Co Na boosted its stake in ETR in the latest quarter, The investment management firm added 20,537 additional shares and now holds a total of 34,468 shares of Entergy Corporation which is valued at $2,743,308. Entergy Corporation makes up approx 0.02% of Glenmede Trust Co Na’s portfolio.California Public Employees Retirement System reduced its stake in ETR by selling 11,300 shares or 1.66% in the most recent quarter. The Hedge Fund company now holds 667,836 shares of ETR which is valued at $53,647,266. Entergy Corporation makes up approx 0.08% of California Public Employees Retirement System’s portfolio.
Entergy Corporation opened for trading at $79.37 and hit $80.32 on the upside on Wednesday, eventually ending the session at $80.27, with a gain of 0.88% or 0.7 points. The heightened volatility saw the trading volume jump to 1,287,409 shares. Company has a market cap of $14,367 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.
Many Wall Street Analysts have commented on Entergy Corporation. 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.