New Hampshire Trust Has $341,000 Holdings in Entergy Corporation $ETR

New Hampshire Trust increased its position in shares of Entergy Corporation (NYSE:ETR) by 3.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,103 shares of the utilities provider’s stock after acquiring an additional 141 shares during the quarter. New Hampshire Trust’s holdings in Entergy were worth $341,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ETR. Brighton Jones LLC lifted its position in Entergy by 275.6% during the fourth quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider’s stock worth $696,000 after purchasing an additional 6,733 shares during the period. GAMMA Investing LLC lifted its position in Entergy by 9.8% during the first quarter. GAMMA Investing LLC now owns 15,530 shares of the utilities provider’s stock worth $1,328,000 after purchasing an additional 1,390 shares during the period. Golden State Wealth Management LLC lifted its position in Entergy by 559.3% during the first quarter. Golden State Wealth Management LLC now owns 923 shares of the utilities provider’s stock worth $79,000 after purchasing an additional 783 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in Entergy by 217.2% during the first quarter. Robeco Institutional Asset Management B.V. now owns 158,387 shares of the utilities provider’s stock worth $13,541,000 after purchasing an additional 108,457 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in Entergy by 30.6% during the first quarter. Sequoia Financial Advisors LLC now owns 6,879 shares of the utilities provider’s stock worth $588,000 after purchasing an additional 1,611 shares during the period. Institutional investors own 88.07% of the company’s stock.

Analyst Ratings Changes

ETR has been the subject of several recent analyst reports. KeyCorp reaffirmed an “overweight” rating and set a $106.00 price objective (up previously from $96.00) on shares of Entergy in a research report on Wednesday, October 15th. Bank of America increased their target price on shares of Entergy from $88.00 to $97.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Barclays set a $100.00 target price on shares of Entergy and gave the stock an “overweight” rating in a report on Monday, October 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Entergy in a report on Saturday. Finally, Mizuho set a $97.00 target price on shares of Entergy and gave the stock an “outperform” rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Entergy has a consensus rating of “Moderate Buy” and an average target price of $99.00.

Insider Transactions at Entergy

In related news, insider Haley Fisackerly sold 4,463 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $90.50, for a total value of $403,901.50. Following the completion of the transaction, the insider owned 3,318 shares in the company, valued at $300,279. This trade represents a 57.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.39% of the stock is currently owned by company insiders.

Entergy Stock Up 1.0%

Shares of NYSE ETR opened at $96.62 on Friday. The company has a 50 day simple moving average of $91.61 and a 200 day simple moving average of $86.65. The firm has a market cap of $43.13 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 2.43 and a beta of 0.62. Entergy Corporation has a 1 year low of $66.85 and a 1 year high of $98.58. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.80 and a quick ratio of 0.52.

Entergy (NYSE:ETR) last issued its quarterly earnings data on Friday, July 8th. The utilities provider reported $0.71 earnings per share (EPS) for the quarter. The business had revenue of $2.37 billion during the quarter. Entergy had a net margin of 14.35% and a return on equity of 11.52%. On average, research analysts forecast that Entergy Corporation will post 3.88 EPS for the current year.

Entergy Profile

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. It generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas.