Simplex Trading adds CenterPoint Energy (CNP) to its portfolio

CenterPoint Energy (CNP) : Simplex Trading added new position in CenterPoint Energy during the most recent quarter end. The investment management firm now holds 12,236 shares of CenterPoint Energy which is valued at $267,968 , the company said in a statement filed on Oct 7, 2016 with the SEC.CenterPoint Energy makes up approximately 0.03% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in CNP in the latest quarter, The investment management firm added 14,926 additional shares and now holds a total of 20,071 shares of CenterPoint Energy which is valued at $439,555. CenterPoint Energy makes up approx 0.08% of Advisory Services Network’s portfolio.Washington Trust Bank boosted its stake in CNP in the latest quarter, The investment management firm added 90 additional shares and now holds a total of 5,474 shares of CenterPoint Energy which is valued at $122,344. CenterPoint Energy makes up approx 0.03% of Washington Trust Bank’s portfolio.Eqis Capital Management boosted its stake in CNP in the latest quarter, The investment management firm added 9,901 additional shares and now holds a total of 24,109 shares of CenterPoint Energy which is valued at $538,836. CenterPoint Energy makes up approx 0.03% of Eqis Capital Management’s portfolio.

CenterPoint Energy closed down -0.4 points or -1.79% at $21.9 with 51,47,408 shares getting traded on Friday. Post opening the session at $22.44, the shares hit an intraday low of $21.89 and an intraday high of $22.63 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, CenterPoint Energy reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Aug 5, 2016. Analyst had a consensus of $0.20. The company had revenue of $1574.00 million for the quarter, compared to analysts expectations of $1632.42 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.

CenterPoint Energy Inc. is a public utility holding company. The company’s segments include: Electric Transmission & Distribution Natural Gas Distribution Energy Services Midstream Investments and Other Operations. Electric Transmission & Distribution provides electric transmission and distribution services to retail electric providers. Natural Gas Distribution offers intrastate natural gas sales to and natural gas transportation and distribution for residential commercial industrial and institutional customers. Energy Services includes non-rate regulated gas sales and services operations. Midstream Investments segment includes equity earnings associated with the operations of Enable Midstream Partners LP and a 0.1% interest in Southeast Supply Header LLC owned by CenterPoint Energy Resources Corp. Other Operations includes office buildings and other real estate used in its business operations and other corporate operations which support all of its business operations.

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