Average Brokerage Rating Of CenterPoint Energy, Inc. (CNP), Albemarle Corporation (ALB)

Claudine Rigal
Juillet 6, 2017

The company had a trading volume of 3,194,143 shares. The firm has a market cap of $11.89 billion, a P/E ratio of 25.54 and a beta of 0.63. The original version of this report can be read at https://www.thestockobserver.com/2017/07/05/renaissance-technologies-llc-has-92-29-million-position-in-centerpoint-energy-inc-cnp-updated-updated.html.

A number of other large investors have also recently modified their holdings of the stock. Employees Retirement System of Texas now owns 29,000 shares of the utilities provider's stock valued at $715,000 after buying an additional 3,000 shares during the last quarter.

CenterPoint Energy, Inc. (CNP) has 432.22 Million shares outstanding and 430.14 Million shares were floated in market. CenterPoint Energy, Inc. has a 52 week low of $21.83 and a 52 week high of $29.08. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in CenterPoint Energy by 0.4% in the fourth quarter.

Several equities research analysts recently commented on CNP shares. Federated Investors Inc. PA now owns 20,922 shares of the utilities provider's stock worth $516,000 after buying an additional 140 shares during the last quarter. Conducting thorough fundamental research on stocks even after they have broken out may help the investor understand the reason behind the move, and whether it is likely to continue or if it is just a temporary spike. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 9,398 shares of the utilities provider's stock valued at $260,000 after buying an additional 32 shares during the last quarter. BidaskClub lowered CenterPoint Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, June 13th. Commonwealth of Pennsylvania Public School Empls Retrmt SYS has an ownership of 24,689 stocks of the utilities provider's shares valued $608,000 after scooping up an extra 91 stocks in the previous period.

Advantus Capital Management Inc raised its stake in CenterPoint Energy by 0.3% in the first quarter. The firm's revenue was up 37.9% on a year-over-year basis. Finally, J P Morgan Chase & Co started coverage on shares of CenterPoint Energy in a research note on Thursday, June 29th. (NYSE:CNP) by 26.3% during the first quarter, according to its most recent Form 13F filing with the SEC. Finally, Private Advisor Group LLC increased its position in shares of CenterPoint Energy by 13.1% in the fourth quarter. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time.

CenterPoint Energy, Inc. (NYSE:CNP), maintained return on investment for the last twelve months at 2.49, higher than what Reuters data shows regarding industry's average. Advantus Capital Management Inc boosted its position in shares of CenterPoint Energy by 0.3% in the first quarter. The average analysts gave this company a mean recommendation of 2.80. The hedge fund owned 8,000 stocks of the utilities provider's shares after purchasing an extra 1,500 shares through out the quarter. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.

The AES Corporation (AES) have shown a high EPS growth of -54.90% in the last 5 years and has earnings decline of -97.50% yoy.

Separately, Chief Executive Officer Scott M. Prochazka unloaded 1,000 stocks of the firms shares in a trade on Early Thur, Jun 1st. On average, equities research analysts anticipate that CenterPoint Energy, Inc. will post $1.31 EPS for the current fiscal year. The stock was sold at an average price of $27.66, for a total value of $27,660.00. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark laws.

The company also recently declared a quarterly dividend, which was paid on Friday, June 9th. Net profit margin of the company was recorded at 5.7 percent, operating profit margin was 11.9 percent, whereas gross profit margin stands at 0 percent. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The ex-dividend date was Friday, May 12th. Insiders own 0.20% of the company's stock. CenterPoint Energy has an average rating of "Hold" and an average price target of $27.63. CenterPoint Energy's yield is 100.00%. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

About CenterPoint Energy CenterPoint Energy, Inc is a public utility holding company. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers.

D'autres rapports CampDesrEcrues

Discuter de cet article

SUIVRE NOTRE JOURNAL