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YHB Investment Advisors Inc. invests $206,000 in Entergy Co.

According to the most recent filing that the company made with the Securities and Exchange Commission, Yhb Investment Advisors INC bought a new stake in Entergy Co (NYSE: ETR) during the last quarter of 2018.

The fund shelled out nearly $206,000 to purchase 1,831 shares held by the power supplier.

Aside from that, they have established a hedging strategy, which has led to a reduction in Stock due to the plan’s implementation. Vanguard Group INC boosted its holdings in Entergy by 1% during the third quarter of this fiscal year.

After acquiring 246,924 shares during the quarter, Vanguard Group INC now has 24,491,291 shares of the utility service provider’s stock, valued at $2,464,558. State Street Corp.’s ownership percentage in Entergy was up by 1.3% during the third quarter. State Street Corp. now owns 12,863,899 shares of the utilities provider’s stock after purchasing an additional 159,535 shares during the period.

The current market value of these shares is $1,294,494,000. FMR LLC grew its position in Entergy by 36.6% during the second quarter of this fiscal year. FMR LLC now owns 7,891,697 shares of the utilities provider’s stock after purchasing an additional 2,116,058 shares during the period.

The current value of FMR LLC’s stock holdings is $888,921,000.

Boston Partners’ ownership percentage in Entergy was raised to 16.9% during the third quarter.

The total market value of the city of Boston is 2.56 billion dollars.
Last but not least, during the second quarter, Price T. Rowe Associates INC (MD) added 18.6% to the stock it already had in Entergy. Row37, INC is a stock valued at $2 acquired by Row37, INC The vast majority of the company’s stock is held by institutional investors (89.98%).
On Thursday, March 9th, an insider named Deanna D. Rodriguez sold 300 shares of the company’s stock, as was reported in another piece of news about Entergy.

The total price of the stock sale was $31,188.00, which works out to be $103.96 per share. With the deal’s completion, the corporate insider will own 3,269 shares of the company’s stock, roughly $339,845.24.

The transaction was made public through a filing with the SEC, which may be located here. On Monday, February 27th, business insider Haley Fisackerly sold 3,890 shares of the company’s stock, as was reported elsewhere in the news.

A total of $421,753.80 was received for the sale of the shares, which works out to an average price of $108.42 per share.

The corporate insider currently has 1,656 shares of stock, which are valued at 179,543.52 dollars.

The transaction was made public via a filing submitted to the Securities and Exchange Commission (SEC), which may be on the SEC’s website.

In addition, on March 9th, business insider Deanna D. Rodriguez sold 300 shares of the company’s stock.

The total price of the stock sale was $31,188.00, which works out to be $103.96 per share.

The business insider currently has 3,269 shares, estimated to be valued at roughly $339,845.24 in total.

The disclosure for this sale can be found at this location.

During the most recent quarter, business insiders sold 17,092 shares of company stock with a total value of $1,821,838.

A total of 0.37% of the company’s shares are held privately.
Several analysts have recently written reports on the stock they are following.

Mizuho Investment Research lowered their price target on shares of Entergy from $114.00 to $113.00 and set the stock at a “buy” rating in a research report published on Thursday, January 19th. On March 16th, StockNews.com published a research report that marked the beginning of their coverage of shares of Entergy.

They recommended that investors “hold on” to the shares.

Morgan Stanley lowered their price target on Entergy shares from $103.00 to $97.00 and assigned the stock an “underweight” rating in a research report published on Tuesday. Wells Fargo & Company increased their price target on Entergy stock on Wednesday, December 14th, from $123.00 to $135.00 in a research report released that same day. Finally, in a research note published on Thursday, February 16th, TheStreet lowered its rating on Entergy shares, moving them from a “b” to a “c+.” One financial analyst has suggested that investors sell the stock; four have suggested that investors keep the stock; and four have suggested that investors purchase the stock.

Bloomberg.com reports that the company is now receiving an average rating of “Hold” and that the price goal for the company is $122.07.

The NYSE: ETR began on Wednesday with a price of $103.15.

The following are the fifty most highly regarded moving businesses in the United States:
The price-to-earnings ratio of the company is 19.14.
The price-to-earnings-to-growth ratio is 2.61.
The stock has a beta of 0.63.
The stock is worth $21.81 billion.

The one-year low for Entergy Co is $94.94, while the one-year high for the company is $126.82.

The debt-to-equity ratio comes in at 1.82, the current ratio at 0.64, and the quick ratio at 0.43.
The most recent quarterly earnings report for Entergy under the ticker symbol “ETR” was published on Thursday, February 16th.

The utility firm ended the quarter with $0.51 per share earnings, $0.06 higher than the consensus forecast of $0.45 per share.

The net margin for Entergy was 8.01%, while the company had a return on equity of 10.88%.

The actual revenue for the quarter was $3.27 billion, which was significantly more than the prediction of $2.65 billion made by analysts.

The previous year’s results showed that the company earned $0.76 per share.

Analysts on the sell side predict that Entergy Co will generate $6.68 per share in the current fiscal year.

In addition, the corporation announced and distributed a quarterly dividend on the first of March. On the 10th of February, stockholders who were “recorded” received a dividend payment of $1.07 per share. On Thursday, February 9th, shareholders were required to pay an amount equal to this dividend.

This results in a dividend payment of $4.28 and a yield of 4.15% when calculated annually. Now, 79.41% of Entergy’s earnings are distributed to shareholders as dividends.

The post YHB Investment Advisors Inc. invests $206,000 in Entergy Co. appeared first on Best Stocks.



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YHB Investment Advisors Inc. invests $206,000 in Entergy Co.

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