Teachers Advisors LLC Has $28.01 Million Holdings in Entergy Co. (ETR)

Teachers Advisors LLC raised its position in Entergy Co. (NYSE:ETR) by 15.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 344,164 shares of the utilities provider’s stock after purchasing an additional 44,804 shares during the quarter. Teachers Advisors LLC owned about 0.19% of Entergy worth $28,012,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Acadian Asset Management LLC increased its stake in shares of Entergy by 190.5% during the fourth quarter. Acadian Asset Management LLC now owns 30,030 shares of the utilities provider’s stock valued at $2,444,000 after acquiring an additional 19,693 shares during the period. Global Financial Private Capital LLC increased its stake in shares of Entergy by 23.9% during the fourth quarter. Global Financial Private Capital LLC now owns 9,996 shares of the utilities provider’s stock valued at $814,000 after acquiring an additional 1,928 shares during the period. Janus Henderson Group PLC increased its stake in shares of Entergy by 13.2% during the third quarter. Janus Henderson Group PLC now owns 105,648 shares of the utilities provider’s stock valued at $8,067,000 after acquiring an additional 12,285 shares during the period. Suntrust Banks Inc. increased its stake in shares of Entergy by 5.2% during the fourth quarter. Suntrust Banks Inc. now owns 51,624 shares of the utilities provider’s stock valued at $4,199,000 after acquiring an additional 2,549 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Entergy by 200.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 130,427 shares of the utilities provider’s stock valued at $10,615,000 after acquiring an additional 87,031 shares during the period. Institutional investors own 85.42% of the company’s stock.

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ETR stock opened at $77.35 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.65 and a quick ratio of 0.47. The stock has a market cap of $14,163.36, a P/E ratio of 33.93, a price-to-earnings-growth ratio of 2.01 and a beta of 0.51. Entergy Co. has a 12-month low of $71.95 and a 12-month high of $87.95.

Entergy (NYSE:ETR) last posted its quarterly earnings results on Friday, February 23rd. The utilities provider reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.34. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.33 billion. Entergy had a net margin of 3.81% and a return on equity of 15.79%. During the same quarter in the previous year, the business posted $0.31 earnings per share. equities analysts forecast that Entergy Co. will post 5.58 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th were given a $0.89 dividend. The ex-dividend date of this dividend was Wednesday, February 7th. This represents a $3.56 annualized dividend and a yield of 4.60%. Entergy’s dividend payout ratio (DPR) is 156.14%.

A number of research analysts recently commented on the stock. Bank of America upgraded shares of Entergy from a “neutral” rating to a “buy” rating and set a $89.00 price objective on the stock in a research note on Tuesday, December 12th. TheStreet lowered shares of Entergy from a “b-” rating to a “c+” rating in a research note on Wednesday, December 6th. Morgan Stanley raised their price objective on shares of Entergy from $86.00 to $88.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 13th. Guggenheim reiterated a “buy” rating and set a $101.00 price objective on shares of Entergy in a research note on Wednesday, January 3rd. Finally, Wells Fargo reiterated an “outperform” rating and set a $90.00 price objective (down previously from $96.00) on shares of Entergy in a research note on Monday, February 26th. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $83.08.

In other Entergy news, SVP Alyson M. Mount sold 10,396 shares of Entergy stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $78.50, for a total value of $816,086.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Haley Fisackerly sold 500 shares of Entergy stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $78.02, for a total transaction of $39,010.00. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

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Entergy Profile

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 operates through 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.

Institutional Ownership by Quarter for Entergy (NYSE:ETR)

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