Entergy Corporation (ETR) : Americafirst Capital Management scooped up 3,538 additional shares in Entergy Corporation during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 45,977 shares of Entergy Corporation which is valued at $3.6 Million.Entergy Corporation makes up approximately 2.24% of Americafirst Capital Management’s portfolio.
Other Hedge Funds, Including , Sanctuary Wealth Advisors added ETR to its portfolio by purchasing 2,747 company shares during the Fourth Quarter which is valued at $214,074. Entergy Corporation makes up approx 0.06% of Sanctuary Wealth Advisors’s portfolio.Pinebridge Investments reduced its stake in ETR by selling 3,811 shares or 27.46% during the fourth quarter. The Hedge Fund company now holds 10,069 shares of ETR which is valued at $784,677. Entergy Corporation makes up approx 0.03% of Pinebridge Investments’s portfolio. Quadrature Capital Ltd sold out all of its stake in ETR during the fourth quarter. The investment firm sold 4,590 shares of ETR which is valued $357,699.
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. Company shares were Downgraded by Barclays on Feb 19, 2016 to ” Equal Weight”, Firm has raised the Price Target to $ 76 from a previous price target of $75 .Company shares were Upgraded by BofA/Merrill on Jan 12, 2016 to ” Buy”, Firm has raised the Price Target to $ 72 from a previous price target of $63 .
Entergy Corporation closed down -0.38 points or -0.48% at $79.23 with 7,88,927 shares getting traded on Wednesday. Post opening the session at $79.47, the shares hit an intraday low of $78.8 and an intraday high of $79.69 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.