The New York State Common Retirement Fund increased its holdings in Entergy Co (NYSE: ETR) during the third quarter by 1.3%, as indicated by the most recent Form 13F filing that the company made with the Securities and Exchange Commission.
The company volunteered this information for our consideration.
The institutional investor now has a total of 192,217 shares in the utility provider after making an additional purchase of 2,485 shares during the time in question.
At the end of the most recent fiscal quarter, the New York State Common Retirement Fund owned 0.09% of Entergy, which had a value of $19,343,000 at the time of the fund’s valuation.
As a further consequence of these modifications, the total number of shares of stock that institutional investors and other hedge funds collectively own in the company has also been modified accordingly.
During the second quarter of this year, JFS Wealth Advisors LLC increased the percentage of its investments in Entergy by 82.9%.
During the most recent quarter, JFS Wealth Advisors LLC increased its holdings in the stock of the utility provider by 107 shares, bringing the total number of shares owned in the company to 236 with a value of $27,000.
This brings the total value of the company’s holdings to $27,000.
In the first quarter of this year, Fairfield Bush & Co bought a new position in Entergy that was estimated to be worth about $29,000.
During the second quarter, Wagner Wealth Management LLC increased its holdings in Entergy by purchasing approximately $32,000 worth of additional shares.
Truvestments Capital LLC increased its holdings in Entergy during the second quarter, bringing its total position to approximately $41,000 at the end of the period.
A new investment in Entergy with a value of approximately $47,000 was made during the second quarter by New Millennium Group LLC This was the last and most significant point to be made.
A total of 89.98% of the market capitalization of the company’s stock is held by hedge funds and other institutional investors.
When trading started on Monday, the price of one share of ETR was $108.08 per share.
In the previous year, the price of Entergy Company fell to its lowest point of $94.94 and reached its highest point of $126.22 at one point.
The company has a market capitalization of $21.99 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-to-growth ratio of 2.70, and a beta coefficient of 0.63.
The ratio of price to earnings to growth is 2.70, and the ratio of price to earnings to growth to price is also 17.55.
The company’s simple moving average price over the past 50 days is $111.51, and its simple moving average price over the last 200 days is $111.64.
Both of these averages can be found here.
The company has a current ratio of 0.90, a quick ratio of 0.69, and a debt-to-equity ratio of 2.04—all of which are proportional measures of liquidity and liquidity risk.
A quarterly dividend of $1.07 will be paid out to shareholders who have their information on record by Friday, February 10, through previous company announcements.
This dividend is scheduled to be paid out on March 1.
This equates to a dividend payment of $4.28 per year, with a yield of 3.96% when calculated annually. February 9, a Thursday, is when you will no longer be eligible to receive dividends after that point.
Entergy’s dividend payout ratio (also known as DPR) is currently at 69.48 percent.
Regarding ETR, a significant number of research papers have been written. Guggenheim disclosed in a research note released on October 24 that the price target the firm has established for Entergy shares has decreased from $129.00 to $117.00.
BMO Capital Markets raised their target price on shares of Entergy from $111.00 to $116.00 and upgraded the “outperform” rating that they had previously assigned to the company’s stock.
The report on the company’s stock was published on Thursday, November 3.
The report contains this information as part of its entirety. Credit Suisse Group upgraded the stock to an “outperform” rating and raised their target price on shares of Entergy from $108.00 to $117.00 in a research report published on November 4.
The earnings of the company, broken down by quarter, were the report’s topic.
Bank of America decreased their target price for shares of Entergy from $135.00 to $119.00 and changed their rating for the stock from “buy” to “neutral” in a research report published on Tuesday, January 3. Wells Fargo & Company announced, in a research note made public on Wednesday, December 14, that they were increasing their price objective on Entergy stock from $123.00 to $135.00. One research analyst suggested purchasing the stock, four suggested holding onto the stock, and four suggested purchasing the stock. One research analyst suggested purchasing the stock.
The company is currently rated as having a “Hold” status, and the consensus price objective is set at $122.80, according to data sourced from Bloomberg.com.
Entergy Corp., classified as a holding company, is in charge of both the generation of power and its distribution.
The corporation is broken up into two different business divisions: energy and Entergy Wholesale Commodities.
Both of these divisions are run by Entergy.
The utility segment of the company’s business includes the operations for distributing natural gas and those for generating, transmitting, distributing, and selling electric power.
These activities are in addition to the operations for distributing natural gas.
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