Verition Fund Management LLC Decreased Stake in Entergy Corp New (ETR)

Big Money Sentiment increased to 1.2 in 2018 Q2. It has change of 0.24, from 2018Q1’s 0.96. The ratio increased due to ETR positioning: 35 sold and 149 reduced. 53 funds acquired positions and 168 increased positions. Investors holded 146.60 million in 2018Q1 but now own 157.30 million shares or 7.30% more. Mason Street Lc accumulated 0.05% or 25,370 shs. Robeco Institutional Asset Bv accumulated 846,183 shs. 18,274 are held by Dekabank Deutsche Girozentrale. Legal General Gp Public Limited Co reported 0.08% stake. Metropolitan Life Ins Com New York reported 27,362 shs or 0% of all its holdings. Cornerstone Advisors holds 0% of its capital in Entergy Corporation (NYSE:ETR) for 25 shs. Natixis Lp reported 24,693 shs stake. State Of Tennessee Treasury Department has 84,046 shs. Huber Capital Limited Com has 1.1% invested in Entergy Corporation (NYSE:ETR). 17,863 are held by M&T Savings Bank Corp. Cleararc Capital Inc holds 0.05% or 4,646 shs. Delta Asset Mgmt Ltd Liability Corp Tn has invested 0.01% in Entergy Corporation (NYSE:ETR). Northwestern Mutual Wealth Mngmt has 0% invested in Entergy Corporation (NYSE:ETR). 540,860 were reported by Sumitomo Mitsui Tru Inc. Oregon Employees Retirement Fund reported 0.08% of its capital in Entergy Corporation (NYSE:ETR).

ETR registered $10.83 million net activity with 0 insider buys and 9 insider sales since August 15, 2018. The insider WEST RODERICK K sold $7.82M. On Wednesday, August 15 VINCI DONALD W also sold $442,000 worth of Entergy Corporation (NYSE:ETR). 7,900 shs valued at $671,500 were sold by May Phillip R Jr on Wednesday, August 15. $173,220 worth of Entergy Corporation (NYSE:ETR) shs were sold by Rainer Sallie T. Shares for $233,668 were sold by FISACKERLY HALEY on Wednesday, August 15. 3,600 shs were sold by Brown Marcus V, worth $308,304 on Thursday, November 15.

According to 2018Q2 SEC filling the Verition Fund Management Llc decreased its stake in Entergy Corp New (ETR) by 46.18%. 152,164 shares were sold by Verition Fund Management Llc as the company’s stock rose 10.13% with the market. At the end of 2018Q2, the hedge fund held 177,343 shares of the central company, valued at $14.33M, down from 329,507 at the end of the previous reported quarter. $16.02 billion is Entergy Corp New’s MC. Ticker’s shares touched $88.46 during the last trading session after 0.24% change.Entergy Corporation is uptrending after having risen 6.33% since December 8, 2017. ETR has 1.79M volume or 24.42% up from normal. ETR underperformed the S&P 500 by 9.29%.

About $1.22 billion and $1.64B US Long portfolio Verition Fund Management Llc operates. Its stake in Biomarin Pharmaceutical Inc (Prn) was rose by 4.15M shares to 11.02 million shares valued at $13.11M in 2018Q2, according to the filing. For a total of 22,681 shares it increased its holding in Lockheed Martin Corp (NYSE:LMT) by 17,960 shares in the quarter, and has risen its stake in Pg&E Corp (Call) (NYSE:PCG).

Earnings report for Entergy Corporation (NYSE:ETR) is expected on February, 22., according to Zacks. Analysts have anticipation on stock’s EPS of $0.55. That’s down 27.63 % from last year’s $0.76 EPS. If reported the P/E will be 40.21 with $99.63M profit. After $3.77 EPS was announced previous quarter, analysts now see negative EPS growth of -85.41 % for Entergy Corporation.

More recent Entergy Corporation (NYSE:ETR) news were released by Seekingalpha.com, Investorplace.com and Nasdaq.com. The first one has “Entergy: A Reliable Performer Investing Sluggishly – Seeking Alpha” as a title and was released on December 04, 2018. The next is “7 High-Yield Safety Stocks to Buy for 2019 – Investorplace.com” on November 20, 2018. And last was released on December 05, 2018, called “4 Utility Stocks to Protect Against the Market Fallout – Nasdaq”.

Entergy Corporation (NYSE:ETR) Ratings Coverage

A total of 8 analysts rate Entergy (NYSE:ETR) as follows: 5 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 63% are bullish. (NYSE:ETR) has 14 ratings reports on Dec 8, 2018 according to StockzIntelligence. On Wednesday, June 20 Citigroup maintained the shares of ETR in report with “Buy” rating. In Wednesday, October 17 report Citigroup maintained the stock with “Buy” rating. On Wednesday, June 13 the company was maintained by Morgan Stanley. On Wednesday, August 29 JP Morgan maintained the shares of ETR in report with “Neutral” rating. On Friday, July 20 the rating was upgraded by Goldman Sachs to “Buy”. On Thursday, August 23 Bank of America maintained Entergy Corporation (NYSE:ETR) rating. Bank of America has “Buy” rating and $90 target. In Friday, September 21 report Morgan Stanley maintained it with “Equal-Weight” rating and $85 target. In Monday, September 17 report Wells Fargo maintained it with “Outperform” rating and $95 target. On Tuesday, September 11 the firm has “Equal-Weight” rating by Morgan Stanley given. On Friday, June 22 Morgan Stanley maintained the shares of ETR in report with “Equal-Weight” rating.

Entergy Corporation (NYSE:ETR) Institutional Investors Chart

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