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Tag: Utilitie

  • TransAlta (TAC) Projected to Post Earnings on Friday

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    TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) is anticipated to issue its Q4 2025 results before the market opens on Friday, February 27th. Analysts expect TransAlta to post earnings of $0.12 per share for the quarter. Investors can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Friday, February 27, 2026 at 11:00 AM ET.

    TransAlta Stock Performance

    Shares of NYSE TAC opened at $13.49 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.71 and a debt-to-equity ratio of 5.22. The stock has a 50 day moving average of $12.90 and a 200-day moving average of $13.73. TransAlta has a 12 month low of $7.82 and a 12 month high of $17.88. The company has a market capitalization of $4.00 billion, a P/E ratio of -28.09 and a beta of 0.78.

    TransAlta Announces Dividend

    The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Sunday, March 1st will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, February 27th. TransAlta’s dividend payout ratio (DPR) is presently -39.58%.

    Institutional Inflows and Outflows

    A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new position in TransAlta in the 4th quarter worth $37,000. Ritter Alpha LP bought a new position in shares of TransAlta during the 4th quarter valued at $131,000. Orion Porfolio Solutions LLC bought a new stake in TransAlta during the 2nd quarter valued at approximately $159,000. Public Sector Pension Investment Board bought a new position in shares of TransAlta during the 4th quarter worth about $194,000. Finally, Russell Investments Group Ltd. increased its stake in shares of TransAlta by 339.6% in the fourth quarter. Russell Investments Group Ltd. now owns 22,862 shares of the utilities provider’s stock valued at $290,000 after buying an additional 17,661 shares in the last quarter. Hedge funds and other institutional investors own 59.00% of the company’s stock.

    Analyst Upgrades and Downgrades

    A number of brokerages have weighed in on TAC. Weiss Ratings reiterated a “sell (d+)” rating on shares of TransAlta in a report on Wednesday, January 21st. Zacks Research raised shares of TransAlta from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Royal Bank Of Canada restated an “outperform” rating on shares of TransAlta in a research report on Monday, November 10th. National Bank Financial cut shares of TransAlta from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, TD Securities reaffirmed a “buy” rating on shares of TransAlta in a research note on Wednesday, December 10th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.00.

    Read Our Latest Stock Analysis on TAC

    TransAlta Company Profile

    (Get Free Report)

    TransAlta Corporation, originally founded in 1909 as Calgary Power Company Ltd., is a publicly traded energy company specializing in the development, ownership and operation of power generation and transmission assets. Headquartered in Calgary, Alberta, TransAlta has grown from its early hydroelectric roots into a diversified energy provider with a multi-fuel generating fleet.

    The company’s core business activities encompass power generation, asset management and energy trading services.

    Further Reading

    Earnings History for TransAlta (NYSE:TAC)



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  • Cullen Frost Bankers Inc. Has $59,000 Position in NiSource, Inc $NI

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    Cullen Frost Bankers Inc. increased its position in shares of NiSource, Inc (NYSE:NI – Free Report) by 181.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,459 shares of the utilities provider’s stock after purchasing an additional 941 shares during the period. Cullen Frost Bankers Inc.’s holdings in NiSource were worth $59,000 as of its most recent filing with the Securities and Exchange Commission.

    Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in NiSource by 29.9% in the 1st quarter. LPL Financial LLC now owns 234,234 shares of the utilities provider’s stock valued at $9,390,000 after acquiring an additional 53,972 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in NiSource by 90.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 80,394 shares of the utilities provider’s stock valued at $3,223,000 after acquiring an additional 38,237 shares in the last quarter. Lincoln Capital Corp acquired a new position in NiSource in the 1st quarter valued at $2,556,000. Allspring Global Investments Holdings LLC raised its holdings in NiSource by 179.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 60,375 shares of the utilities provider’s stock valued at $2,419,000 after acquiring an additional 38,760 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in NiSource in the 1st quarter valued at $710,000. 91.64% of the stock is owned by institutional investors and hedge funds.

    Wall Street Analyst Weigh In

    NI has been the subject of several analyst reports. Wall Street Zen cut NiSource from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NiSource in a report on Saturday. Barclays boosted their price target on NiSource from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Evercore ISI boosted their price target on NiSource from $45.00 to $46.00 and gave the stock an “in-line” rating in a report on Monday, October 20th. Finally, BMO Capital Markets boosted their price target on NiSource from $46.00 to $47.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, NiSource currently has an average rating of “Moderate Buy” and a consensus target price of $44.78.

    Check Out Our Latest Stock Report on NI

    NiSource Price Performance

    NiSource stock opened at $43.69 on Monday. The stock has a market capitalization of $20.57 billion, a P/E ratio of 23.24, a price-to-earnings-growth ratio of 3.22 and a beta of 0.60. NiSource, Inc has a 52 week low of $34.23 and a 52 week high of $44.51. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.48 and a current ratio of 0.59. The stock has a fifty day moving average of $42.24 and a 200-day moving average of $40.77.

    NiSource (NYSE:NI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. NiSource had a return on equity of 8.25% and a net margin of 14.46%.During the same quarter in the previous year, the company posted $0.21 EPS. On average, sell-side analysts expect that NiSource, Inc will post 1.91 earnings per share for the current fiscal year.

    NiSource Dividend Announcement

    The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Friday, October 31st will be given a dividend of $0.28 per share. The ex-dividend date is Friday, October 31st. This represents a $1.12 dividend on an annualized basis and a yield of 2.6%. NiSource’s payout ratio is currently 59.57%.

    NiSource Profile

    (Free Report)

    NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.

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    Institutional Ownership by Quarter for NiSource (NYSE:NI)



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  • HB Wealth Management LLC Grows Stock Position in National Grid Transco, PLC $NGG

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    HB Wealth Management LLC grew its position in National Grid Transco, PLC (NYSE:NGG – Free Report) by 22.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,820 shares of the utilities provider’s stock after acquiring an additional 1,956 shares during the quarter. HB Wealth Management LLC’s holdings in National Grid Transco were worth $805,000 as of its most recent SEC filing.

    Several other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its position in shares of National Grid Transco by 6.3% in the second quarter. Janney Montgomery Scott LLC now owns 101,299 shares of the utilities provider’s stock valued at $7,538,000 after acquiring an additional 5,981 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH purchased a new position in shares of National Grid Transco in the second quarter valued at approximately $276,000. GC Wealth Management RIA LLC purchased a new position in shares of National Grid Transco in the second quarter valued at approximately $336,000. V Square Quantitative Management LLC purchased a new position in shares of National Grid Transco in the second quarter valued at approximately $35,000. Finally, Signaturefd LLC lifted its position in shares of National Grid Transco by 11.7% in the second quarter. Signaturefd LLC now owns 20,248 shares of the utilities provider’s stock valued at $1,507,000 after acquiring an additional 2,121 shares in the last quarter. Hedge funds and other institutional investors own 4.68% of the company’s stock.

    National Grid Transco Price Performance

    NGG stock opened at $73.40 on Friday. The business has a fifty day moving average of $71.05 and a two-hundred day moving average of $70.63. The company has a quick ratio of 1.30, a current ratio of 1.35 and a debt-to-equity ratio of 1.13. The stock has a market cap of $72.83 billion, a price-to-earnings ratio of 14.12, a price-to-earnings-growth ratio of 1.64 and a beta of 0.70. National Grid Transco, PLC has a 52-week low of $55.82 and a 52-week high of $74.82.

    Analysts Set New Price Targets

    NGG has been the subject of several recent research reports. Zacks Research cut National Grid Transco from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of National Grid Transco in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, National Grid Transco currently has an average rating of “Moderate Buy” and an average target price of $80.40.

    View Our Latest Research Report on National Grid Transco

    About National Grid Transco

    (Free Report)

    National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.

    Further Reading

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    Institutional Ownership by Quarter for National Grid Transco (NYSE:NGG)



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  • Diversify Advisory Services LLC Lowers Stake in Consolidated Edison, Inc. (NYSE:ED)

    Diversify Advisory Services LLC Lowers Stake in Consolidated Edison, Inc. (NYSE:ED)

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    Diversify Advisory Services LLC reduced its holdings in shares of Consolidated Edison, Inc. (NYSE:ED – Free Report) by 18.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,136 shares of the utilities provider’s stock after selling 1,191 shares during the period. Diversify Advisory Services LLC’s holdings in Consolidated Edison were worth $543,000 as of its most recent filing with the SEC.

    Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Retirement Planning Co of New England Inc. boosted its holdings in shares of Consolidated Edison by 4.2% in the second quarter. Retirement Planning Co of New England Inc. now owns 2,501 shares of the utilities provider’s stock valued at $224,000 after acquiring an additional 100 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Consolidated Edison by 13.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 868 shares of the utilities provider’s stock valued at $78,000 after acquiring an additional 100 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of Consolidated Edison by 0.6% in the third quarter. Brookstone Capital Management now owns 24,173 shares of the utilities provider’s stock valued at $2,517,000 after acquiring an additional 136 shares in the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of Consolidated Edison by 2.6% in the second quarter. Checchi Capital Advisers LLC now owns 5,627 shares of the utilities provider’s stock valued at $503,000 after acquiring an additional 141 shares in the last quarter. Finally, Center For Asset Management LLC boosted its holdings in shares of Consolidated Edison by 3.5% in the second quarter. Center For Asset Management LLC now owns 4,358 shares of the utilities provider’s stock valued at $390,000 after acquiring an additional 147 shares in the last quarter. 66.29% of the stock is owned by hedge funds and other institutional investors.

    Wall Street Analyst Weigh In

    Several analysts have recently weighed in on ED shares. Jefferies Financial Group started coverage on shares of Consolidated Edison in a report on Wednesday, October 9th. They issued a “hold” rating and a $108.00 target price on the stock. UBS Group lifted their target price on shares of Consolidated Edison from $105.00 to $106.00 and gave the company a “neutral” rating in a report on Friday, September 20th. Scotiabank raised their price objective on shares of Consolidated Edison from $85.00 to $90.00 and gave the company a “sector underperform” rating in a research note on Tuesday, August 20th. Wells Fargo & Company raised their price objective on shares of Consolidated Edison from $97.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, August 2nd. Finally, Morgan Stanley raised their price objective on shares of Consolidated Edison from $82.00 to $87.00 and gave the company an “underweight” rating in a research note on Wednesday, September 25th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $98.73.

    View Our Latest Research Report on ED

    Consolidated Edison Stock Performance

    Shares of NYSE ED opened at $102.74 on Thursday. The company has a market cap of $35.53 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 3.57 and a beta of 0.36. Consolidated Edison, Inc. has a 12 month low of $85.85 and a 12 month high of $107.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.04 and a quick ratio of 0.97. The company has a 50-day simple moving average of $103.54 and a 200-day simple moving average of $97.50.

    Consolidated Edison (NYSE:ED – Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The utilities provider reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.08 billion. Consolidated Edison had a net margin of 12.03% and a return on equity of 8.67%. During the same period in the previous year, the firm posted $0.61 earnings per share. On average, equities analysts anticipate that Consolidated Edison, Inc. will post 5.3 earnings per share for the current year.

    Consolidated Edison Dividend Announcement

    The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.83 per share. The ex-dividend date is Wednesday, November 13th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.23%. Consolidated Edison’s dividend payout ratio (DPR) is presently 63.72%.

    About Consolidated Edison

    (Free Report)

    Consolidated Edison, Inc, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan.

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    Institutional Ownership by Quarter for Consolidated Edison (NYSE:ED)



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  • Duke Energy Co. (NYSE:DUK) Shares Sold by Simplicity Wealth LLC

    Duke Energy Co. (NYSE:DUK) Shares Sold by Simplicity Wealth LLC

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    Simplicity Wealth LLC trimmed its holdings in Duke Energy Co. (NYSE:DUK – Free Report) by 91.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,034 shares of the utilities provider’s stock after selling 22,195 shares during the period. Simplicity Wealth LLC’s holdings in Duke Energy were worth $235,000 as of its most recent filing with the Securities & Exchange Commission.

    Other hedge funds have also modified their holdings of the company. Pinnacle West Asset Management Inc. increased its position in Duke Energy by 2.1% during the second quarter. Pinnacle West Asset Management Inc. now owns 4,425 shares of the utilities provider’s stock worth $444,000 after purchasing an additional 90 shares during the last quarter. Sachetta LLC increased its position in Duke Energy by 41.9% during the second quarter. Sachetta LLC now owns 325 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 96 shares during the last quarter. SeaCrest Wealth Management LLC increased its position in Duke Energy by 1.6% during the second quarter. SeaCrest Wealth Management LLC now owns 6,093 shares of the utilities provider’s stock worth $611,000 after purchasing an additional 98 shares during the last quarter. Waddell & Associates LLC increased its position in Duke Energy by 2.7% during the second quarter. Waddell & Associates LLC now owns 3,753 shares of the utilities provider’s stock worth $376,000 after purchasing an additional 99 shares during the last quarter. Finally, Indiana Trust & Investment Management CO increased its position in Duke Energy by 4.9% during the second quarter. Indiana Trust & Investment Management CO now owns 2,147 shares of the utilities provider’s stock worth $215,000 after purchasing an additional 100 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

    Duke Energy Trading Up 0.8 %

    NYSE DUK opened at $115.14 on Tuesday. The firm has a 50 day simple moving average of $114.46 and a 200-day simple moving average of $106.16. The firm has a market cap of $88.86 billion, a price-to-earnings ratio of 28.93, a PEG ratio of 3.06 and a beta of 0.46. Duke Energy Co. has a one year low of $85.79 and a one year high of $118.31. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.53 and a current ratio of 0.81.

    Duke Energy (NYSE:DUK – Get Free Report) last issued its earnings results on Tuesday, August 6th. The utilities provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.16. The firm had revenue of $7.17 billion for the quarter, compared to analysts’ expectations of $6.84 billion. Duke Energy had a net margin of 14.29% and a return on equity of 9.71%. The firm’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. Equities research analysts anticipate that Duke Energy Co. will post 5.97 EPS for the current fiscal year.

    Duke Energy Dividend Announcement

    The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 15th will be issued a $1.045 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.18 annualized dividend and a yield of 3.63%. Duke Energy’s dividend payout ratio (DPR) is 105.03%.

    Insider Activity at Duke Energy

    In other Duke Energy news, EVP Louis E. Renjel sold 540 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $113.64, for a total transaction of $61,365.60. Following the sale, the executive vice president now owns 19,884 shares of the company’s stock, valued at approximately $2,259,617.76. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

    Analyst Upgrades and Downgrades

    Several equities research analysts recently issued reports on DUK shares. The Goldman Sachs Group raised their price objective on shares of Duke Energy from $102.00 to $113.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. KeyCorp increased their target price on shares of Duke Energy from $121.00 to $125.00 and gave the stock an “overweight” rating in a research note on Monday, September 30th. Morgan Stanley increased their target price on shares of Duke Energy from $114.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Jefferies Financial Group started coverage on shares of Duke Energy in a research note on Thursday, September 19th. They set a “buy” rating and a $138.00 target price for the company. Finally, JPMorgan Chase & Co. increased their target price on shares of Duke Energy from $111.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.15.

    Get Our Latest Research Report on DUK

    Duke Energy Company Profile

    (Free Report)

    Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.

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    Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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  • Lazard Asset Management LLC Boosts Holdings in CMS Energy Co. (NYSE:CMS)

    Lazard Asset Management LLC Boosts Holdings in CMS Energy Co. (NYSE:CMS)

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    Lazard Asset Management LLC boosted its position in CMS Energy Co. (NYSE:CMS – Free Report) by 48,203.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,719 shares of the utilities provider’s stock after purchasing an additional 50,614 shares during the quarter. Lazard Asset Management LLC’s holdings in CMS Energy were worth $3,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

    Several other institutional investors and hedge funds have also bought and sold shares of CMS. Raymond James Financial Services Advisors Inc. lifted its stake in CMS Energy by 68.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 64,072 shares of the utilities provider’s stock worth $3,721,000 after purchasing an additional 26,034 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of CMS Energy by 80.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,868 shares of the utilities provider’s stock valued at $108,000 after buying an additional 835 shares in the last quarter. Quent Capital LLC raised its position in shares of CMS Energy by 63.8% during the 4th quarter. Quent Capital LLC now owns 829 shares of the utilities provider’s stock valued at $48,000 after buying an additional 323 shares in the last quarter. Essex Savings Bank purchased a new stake in shares of CMS Energy during the 4th quarter valued at $207,000. Finally, Trust Point Inc. purchased a new stake in shares of CMS Energy during the 4th quarter valued at $651,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

    CMS Energy Trading Up 1.1 %

    Shares of CMS opened at $63.66 on Tuesday. CMS Energy Co. has a 1-year low of $49.87 and a 1-year high of $64.28. The firm has a market capitalization of $19.02 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 2.50 and a beta of 0.38. The firm’s 50-day moving average price is $60.68 and its 200-day moving average price is $59.48. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 1.80.

    CMS Energy (NYSE:CMS – Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.73 billion. CMS Energy had a net margin of 13.10% and a return on equity of 12.25%. CMS Energy’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the company posted $0.75 EPS. Sell-side analysts anticipate that CMS Energy Co. will post 3.33 EPS for the current year.

    CMS Energy Cuts Dividend

    The business also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 2nd will be paid a $0.51 dividend. The ex-dividend date is Friday, August 2nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.20%. CMS Energy’s dividend payout ratio is presently 62.80%.

    Analyst Ratings Changes

    Several research firms have recently weighed in on CMS. StockNews.com upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Monday. Guggenheim raised their price objective on shares of CMS Energy from $66.00 to $67.00 and gave the company a “buy” rating in a research report on Friday. Scotiabank lowered their price objective on shares of CMS Energy from $67.00 to $66.00 and set a “sector outperform” rating on the stock in a research report on Monday, April 22nd. Barclays raised their price objective on shares of CMS Energy from $57.00 to $59.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 30th. Finally, BMO Capital Markets increased their target price on shares of CMS Energy from $68.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, May 14th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $65.00.

    View Our Latest Analysis on CMS

    Insider Transactions at CMS Energy

    In other news, SVP Brandon J. Hofmeister sold 1,667 shares of CMS Energy stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $59.98, for a total value of $99,986.66. Following the completion of the sale, the senior vice president now directly owns 68,330 shares in the company, valued at $4,098,433.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, SVP Brandon J. Hofmeister sold 1,667 shares of CMS Energy stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $59.98, for a total value of $99,986.66. Following the completion of the sale, the senior vice president now directly owns 68,330 shares in the company, valued at $4,098,433.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jon E. Barfield sold 2,360 shares of CMS Energy stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $60.79, for a total transaction of $143,464.40. Following the completion of the sale, the director now owns 14,556 shares of the company’s stock, valued at $884,859.24. The disclosure for this sale can be found here. Insiders sold 6,027 shares of company stock worth $365,651 over the last three months. 0.40% of the stock is currently owned by company insiders.

    CMS Energy Profile

    (Free Report)

    CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

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    Want to see what other hedge funds are holding CMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CMS Energy Co. (NYSE:CMS – Free Report).

    Institutional Ownership by Quarter for CMS Energy (NYSE:CMS)

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  • CreativeOne Wealth LLC Acquires Shares of 3,246 Edison International (NYSE:EIX)

    CreativeOne Wealth LLC Acquires Shares of 3,246 Edison International (NYSE:EIX)

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    CreativeOne Wealth LLC acquired a new stake in Edison International (NYSE:EIX – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,246 shares of the utilities provider’s stock, valued at approximately $230,000.

    A number of other institutional investors have also modified their holdings of EIX. Assenagon Asset Management S.A. grew its holdings in Edison International by 25.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 17,767 shares of the utilities provider’s stock worth $1,270,000 after acquiring an additional 3,565 shares during the period. Blue Trust Inc. increased its holdings in shares of Edison International by 70.9% during the 4th quarter. Blue Trust Inc. now owns 800 shares of the utilities provider’s stock valued at $57,000 after purchasing an additional 332 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Edison International by 11.1% in the 4th quarter. Fifth Third Bancorp now owns 11,480 shares of the utilities provider’s stock valued at $821,000 after purchasing an additional 1,151 shares during the period. Spirit of America Management Corp NY boosted its holdings in Edison International by 4.0% during the fourth quarter. Spirit of America Management Corp NY now owns 6,450 shares of the utilities provider’s stock worth $461,000 after buying an additional 250 shares in the last quarter. Finally, Zimmermann Investment Management & Planning LLC acquired a new stake in Edison International during the fourth quarter valued at $274,000. Hedge funds and other institutional investors own 88.95% of the company’s stock.

    Insider Buying and Selling at Edison International

    In other news, CEO J Andrew Murphy sold 9,794 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $75.07, for a total transaction of $735,235.58. Following the completion of the transaction, the chief executive officer now directly owns 19,660 shares of the company’s stock, valued at approximately $1,475,876.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Edison International news, SVP Caroline Choi sold 10,004 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $75.77, for a total transaction of $758,003.08. Following the sale, the senior vice president now owns 26,918 shares of the company’s stock, valued at $2,039,576.86. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO J Andrew Murphy sold 9,794 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $75.07, for a total transaction of $735,235.58. Following the sale, the chief executive officer now owns 19,660 shares of the company’s stock, valued at approximately $1,475,876.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,897 shares of company stock valued at $5,851,245. Insiders own 1.03% of the company’s stock.

    Edison International Trading Up 2.7 %

    EIX opened at $78.51 on Friday. Edison International has a 52 week low of $58.82 and a 52 week high of $79.50. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 2.04. The business has a fifty day simple moving average of $73.81 and a 200-day simple moving average of $70.86. The firm has a market cap of $30.21 billion, a P/E ratio of 34.43 and a beta of 0.91.

    Edison International (NYSE:EIX – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.01. The firm had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.16 billion. Edison International had a net margin of 6.60% and a return on equity of 13.07%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 earnings per share. On average, equities analysts expect that Edison International will post 4.92 earnings per share for the current year.

    Edison International Dividend Announcement

    The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 8th will be paid a dividend of $0.78 per share. The ex-dividend date of this dividend is Monday, July 8th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.97%. Edison International’s payout ratio is 136.84%.

    Analyst Ratings Changes

    A number of research analysts have weighed in on the stock. Morgan Stanley decreased their price objective on shares of Edison International from $64.00 to $61.00 and set an “underweight” rating for the company in a research report on Monday, June 24th. Mizuho upped their price target on Edison International from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, May 17th. Argus upped their target price on Edison International from $78.00 to $82.00 and gave the stock a “buy” rating in a research note on Wednesday, June 12th. UBS Group cut shares of Edison International from a “buy” rating to a “neutral” rating and dropped their price target for the company from $83.00 to $82.00 in a research note on Friday, July 19th. Finally, Guggenheim boosted their price objective on Edison International from $80.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday. One analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $77.82.

    Get Our Latest Research Report on EIX

    Edison International Profile

    (Free Report)

    Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.

    See Also

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    Institutional Ownership by Quarter for Edison International (NYSE:EIX)

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  • Cwm LLC Has $1.49 Million Holdings in Entergy Co. (NYSE:ETR)

    Cwm LLC Has $1.49 Million Holdings in Entergy Co. (NYSE:ETR)

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    Cwm LLC raised its position in shares of Entergy Co. (NYSE:ETR – Free Report) by 15.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,747 shares of the utilities provider’s stock after purchasing an additional 1,989 shares during the quarter. Cwm LLC’s holdings in Entergy were worth $1,492,000 at the end of the most recent quarter.

    A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its position in shares of Entergy by 1.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 38,239 shares of the utilities provider’s stock worth $3,537,000 after buying an additional 467 shares during the period. Ferguson Wellman Capital Management Inc. grew its position in shares of Entergy by 1.7% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 595,644 shares of the utilities provider’s stock worth $60,273,000 after buying an additional 9,696 shares during the period. Financial Counselors Inc. grew its position in shares of Entergy by 28.9% during the 4th quarter. Financial Counselors Inc. now owns 159,395 shares of the utilities provider’s stock worth $16,129,000 after buying an additional 35,718 shares during the period. Los Angeles Capital Management LLC grew its position in shares of Entergy by 464.4% during the 3rd quarter. Los Angeles Capital Management LLC now owns 12,044 shares of the utilities provider’s stock worth $1,114,000 after buying an additional 9,910 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of Entergy by 10,063.5% during the 4th quarter. International Assets Investment Management LLC now owns 236,810 shares of the utilities provider’s stock worth $239,630,000 after buying an additional 234,480 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

    Insider Activity

    In other news, EVP Kimberly Cook-Nelson sold 2,000 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $100.35, for a total transaction of $200,700.00. Following the completion of the sale, the executive vice president now directly owns 16,037 shares of the company’s stock, valued at approximately $1,609,312.95. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Deanna D. Rodriguez sold 1,500 shares of Entergy stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $101.23, for a total value of $151,845.00. Following the completion of the sale, the insider now owns 3,442 shares of the company’s stock, valued at approximately $348,433.66. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Kimberly Cook-Nelson sold 2,000 shares of Entergy stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $100.35, for a total value of $200,700.00. Following the completion of the sale, the executive vice president now directly owns 16,037 shares of the company’s stock, valued at approximately $1,609,312.95. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock valued at $1,226,685 in the last ninety days. 0.39% of the stock is currently owned by insiders.

    Wall Street Analysts Forecast Growth

    Several analysts have recently commented on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $117.00 price objective on shares of Entergy in a research report on Monday, February 26th. BMO Capital Markets increased their target price on Entergy from $110.00 to $113.00 and gave the stock an “outperform” rating in a report on Monday, February 26th. KeyCorp increased their target price on Entergy from $108.00 to $112.00 and gave the stock an “overweight” rating in a report on Friday, April 19th. Scotiabank cut their target price on Entergy from $111.00 to $104.00 and set a “sector perform” rating on the stock in a report on Monday, April 22nd. Finally, Barclays cut their target price on Entergy from $108.00 to $107.00 and set an “equal weight” rating on the stock in a report on Monday, April 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Entergy currently has a consensus rating of “Moderate Buy” and an average price target of $109.45.

    Check Out Our Latest Analysis on Entergy

    Entergy Price Performance

    Shares of NYSE:ETR opened at $106.50 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.32 and a debt-to-equity ratio of 1.68. The stock’s fifty day simple moving average is $103.41 and its two-hundred day simple moving average is $100.67. Entergy Co. has a 1-year low of $87.10 and a 1-year high of $108.81. The stock has a market cap of $22.71 billion, a PE ratio of 10.68, a price-to-earnings-growth ratio of 2.13 and a beta of 0.71.

    Entergy (NYSE:ETR – Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The utilities provider reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.36). Entergy had a net margin of 17.75% and a return on equity of 10.20%. The company had revenue of $31.17 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter last year, the business posted $1.14 earnings per share. Entergy’s revenue was down .5% on a year-over-year basis. As a group, analysts forecast that Entergy Co. will post 7.22 EPS for the current fiscal year.

    Entergy Announces Dividend

    The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, May 2nd will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 4.24%. The ex-dividend date of this dividend is Wednesday, May 1st. Entergy’s dividend payout ratio is presently 45.34%.

    About Entergy

    (Free Report)

    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.

    Further Reading

    Want to see what other hedge funds are holding ETR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entergy Co. (NYSE:ETR – Free Report).

    Institutional Ownership by Quarter for Entergy (NYSE:ETR)

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  • DTE Energy (NYSE:DTE) Shares Sold by Retirement Systems of Alabama

    DTE Energy (NYSE:DTE) Shares Sold by Retirement Systems of Alabama

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    Retirement Systems of Alabama trimmed its stake in DTE Energy (NYSE:DTE – Free Report) by 0.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 46,619 shares of the utilities provider’s stock after selling 225 shares during the period. Retirement Systems of Alabama’s holdings in DTE Energy were worth $4,628,000 as of its most recent SEC filing.

    A number of other hedge funds have also recently modified their holdings of the stock. Capital Research Global Investors grew its position in DTE Energy by 10.6% during the 2nd quarter. Capital Research Global Investors now owns 17,435,181 shares of the utilities provider’s stock worth $1,918,219,000 after purchasing an additional 1,669,375 shares during the last quarter. Millennium Management LLC grew its position in DTE Energy by 224.8% during the 4th quarter. Millennium Management LLC now owns 2,379,882 shares of the utilities provider’s stock worth $279,708,000 after purchasing an additional 1,647,053 shares during the last quarter. Vanguard Group Inc. grew its position in DTE Energy by 6.6% during the 1st quarter. Vanguard Group Inc. now owns 23,028,699 shares of the utilities provider’s stock worth $3,044,624,000 after purchasing an additional 1,420,586 shares during the last quarter. Point72 Asset Management L.P. grew its position in DTE Energy by 89.7% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,515,382 shares of the utilities provider’s stock worth $166,722,000 after purchasing an additional 716,482 shares during the last quarter. Finally, Morgan Stanley grew its position in DTE Energy by 34.8% during the 4th quarter. Morgan Stanley now owns 2,045,650 shares of the utilities provider’s stock worth $240,425,000 after purchasing an additional 527,592 shares during the last quarter. 74.72% of the stock is owned by hedge funds and other institutional investors.

    DTE Energy Stock Down 2.2 %

    Shares of NYSE DTE opened at $105.08 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $21.67 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 2.62 and a beta of 0.64. The firm has a 50-day moving average price of $108.00 and a 200 day moving average price of $104.96. DTE Energy has a 52 week low of $90.14 and a 52 week high of $116.73.

    DTE Energy (NYSE:DTE – Get Free Report) last announced its earnings results on Wednesday, November 1st. The utilities provider reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.23). The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $3.96 billion. DTE Energy had a return on equity of 9.85% and a net margin of 8.99%. During the same quarter in the previous year, the firm posted $1.60 EPS. Equities research analysts anticipate that DTE Energy will post 5.75 EPS for the current fiscal year.

    DTE Energy Dividend Announcement

    The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, March 18th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Friday, March 15th. DTE Energy’s payout ratio is currently 67.44%.

    Wall Street Analyst Weigh In

    Several research analysts have issued reports on the stock. Mizuho lowered their price objective on shares of DTE Energy from $121.00 to $106.00 and set a “buy” rating on the stock in a research report on Friday, November 3rd. Guggenheim cut shares of DTE Energy from a “buy” rating to a “neutral” rating and set a $111.00 target price for the company. in a research note on Monday, January 22nd. Morgan Stanley reduced their target price on shares of DTE Energy from $118.00 to $111.00 and set an “overweight” rating for the company in a research note on Wednesday, October 25th. Evercore ISI raised their target price on shares of DTE Energy from $108.00 to $116.00 and gave the stock an “outperform” rating in a research note on Monday, December 4th. Finally, Wolfe Research cut shares of DTE Energy from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $83.22.

    Read Our Latest Research Report on DTE

    DTE Energy Profile

    (Free Report)

    DTE Energy Company engages in the utility operations. The company’s Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.

    See Also

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    Institutional Ownership by Quarter for DTE Energy (NYSE:DTE)

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  • TELUS (NYSE:TU) Raised to Hold at StockNews.com

    TELUS (NYSE:TU) Raised to Hold at StockNews.com

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    StockNews.com upgraded shares of TELUS (NYSE:TU – Free Report) (TSE:T) from a sell rating to a hold rating in a research note published on Tuesday.

    Several other brokerages have also weighed in on TU. Scotiabank dropped their target price on TELUS from C$29.50 to C$28.00 in a research report on Tuesday, August 8th. CIBC dropped their target price on TELUS from C$31.00 to C$29.00 in a research report on Monday, July 17th. JPMorgan Chase & Co. lowered their price target on TELUS from C$33.00 to C$31.00 in a report on Thursday, July 20th. Bank of America lowered their price target on TELUS from C$33.00 to C$30.00 in a report on Friday, October 6th. Finally, Desjardins lowered their price target on TELUS from C$29.00 to C$27.50 in a report on Friday, July 14th.

    Get Our Latest Stock Analysis on TELUS

    TELUS Price Performance

    Shares of NYSE TU opened at $17.45 on Tuesday. TELUS has a 1-year low of $15.47 and a 1-year high of $22.08. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.63 and a quick ratio of 0.57. The business’s fifty day moving average price is $16.73 and its two-hundred day moving average price is $18.22. The firm has a market capitalization of $25.37 billion, a PE ratio of 42.56, a P/E/G ratio of 3.23 and a beta of 0.73.

    TELUS Cuts Dividend

    The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 11th will be issued a dividend of $0.271 per share. This represents a $1.08 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date of this dividend is Friday, December 8th. TELUS’s payout ratio is currently 263.42%.

    Hedge Funds Weigh In On TELUS

    A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bessemer Group Inc. boosted its position in TELUS by 227.5% during the 1st quarter. Bessemer Group Inc. now owns 1,598 shares of the Wireless communications provider’s stock worth $32,000 after acquiring an additional 1,110 shares during the period. Ridgewood Investments LLC acquired a new stake in TELUS during the 1st quarter worth about $32,000. Glass Jacobson Investment Advisors llc acquired a new stake in TELUS during the 2nd quarter worth about $70,000. Captrust Financial Advisors boosted its position in TELUS by 18.1% during the 2nd quarter. Captrust Financial Advisors now owns 4,669 shares of the Wireless communications provider’s stock worth $104,000 after acquiring an additional 717 shares during the period. Finally, Pacer Advisors Inc. boosted its position in TELUS by 29.1% during the 2nd quarter. Pacer Advisors Inc. now owns 4,681 shares of the Wireless communications provider’s stock worth $91,000 after acquiring an additional 1,054 shares during the period. Institutional investors and hedge funds own 49.48% of the company’s stock.

    TELUS Company Profile

    (Get Free Report)

    TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services.

    Read More

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  • California Water Service Group (NYSE:CWT) Shares Acquired by Allspring Global Investments Holdings LLC

    California Water Service Group (NYSE:CWT) Shares Acquired by Allspring Global Investments Holdings LLC

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    Allspring Global Investments Holdings LLC increased its stake in California Water Service Group (NYSE:CWT – Free Report) by 1,981.2% during the second quarter, HoldingsChannel.com reports. The fund owned 123,350 shares of the utilities provider’s stock after buying an additional 117,423 shares during the period. Allspring Global Investments Holdings LLC’s holdings in California Water Service Group were worth $6,369,000 at the end of the most recent reporting period.

    A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of California Water Service Group by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 6,624,310 shares of the utilities provider’s stock worth $349,034,000 after acquiring an additional 79,168 shares during the last quarter. State Street Corp grew its holdings in shares of California Water Service Group by 27.0% in the 2nd quarter. State Street Corp now owns 5,369,713 shares of the utilities provider’s stock worth $298,288,000 after acquiring an additional 1,140,204 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of California Water Service Group by 5.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,330,347 shares of the utilities provider’s stock worth $141,313,000 after acquiring an additional 126,979 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of California Water Service Group by 0.4% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 2,278,162 shares of the utilities provider’s stock worth $126,552,000 after acquiring an additional 9,949 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of California Water Service Group by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,240,162 shares of the utilities provider’s stock worth $73,518,000 after acquiring an additional 14,621 shares during the last quarter. 80.63% of the stock is currently owned by institutional investors and hedge funds.

    Wall Street Analyst Weigh In

    A number of equities analysts recently issued reports on the company. Janney Montgomery Scott upgraded California Water Service Group from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Friday, July 28th. They noted that the move was a valuation call. StockNews.com upgraded California Water Service Group to a “sell” rating in a report on Wednesday. Finally, Wells Fargo & Company downgraded California Water Service Group from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $56.00 to $47.00 in a report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating and one has given a buy rating to the company. According to MarketBeat, California Water Service Group has an average rating of “Hold” and a consensus target price of $60.00.

    Get Our Latest Report on CWT

    California Water Service Group Stock Performance

    Shares of CWT stock opened at $50.77 on Friday. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 70.51 and a beta of 0.45. California Water Service Group has a 1-year low of $45.44 and a 1-year high of $66.12. The company has a current ratio of 0.79, a quick ratio of 0.75 and a debt-to-equity ratio of 0.74. The stock’s fifty day simple moving average is $48.63 and its 200-day simple moving average is $52.07.

    California Water Service Group Dividend Announcement

    The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Monday, November 6th will be given a dividend of $0.26 per share. The ex-dividend date is Friday, November 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 2.05%. California Water Service Group’s payout ratio is 144.44%.

    About California Water Service Group

    (Free Report)

    California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services.

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    Want to see what other hedge funds are holding CWT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for California Water Service Group (NYSE:CWT – Free Report).

    Institutional Ownership by Quarter for California Water Service Group (NYSE:CWT)

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  • Level Four Advisory Services LLC Grows Stock Holdings in American Electric Power Company, Inc. (NASDAQ:AEP)

    Level Four Advisory Services LLC Grows Stock Holdings in American Electric Power Company, Inc. (NASDAQ:AEP)

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    Level Four Advisory Services LLC grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 18.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,945 shares of the company’s stock after purchasing an additional 2,180 shares during the quarter. Level Four Advisory Services LLC’s holdings in American Electric Power were worth $1,174,000 as of its most recent SEC filing.

    A number of other institutional investors have also bought and sold shares of the business. ASB Consultores LLC lifted its stake in American Electric Power by 4.7% in the 4th quarter. ASB Consultores LLC now owns 2,561 shares of the company’s stock worth $243,000 after purchasing an additional 114 shares in the last quarter. Buckingham Capital Management Inc. increased its holdings in shares of American Electric Power by 0.4% during the 1st quarter. Buckingham Capital Management Inc. now owns 29,229 shares of the company’s stock worth $2,660,000 after buying an additional 114 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in shares of American Electric Power by 2.0% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 6,010 shares of the company’s stock worth $592,000 after buying an additional 117 shares during the last quarter. Marino Stram & Associates LLC increased its holdings in shares of American Electric Power by 1.0% during the 1st quarter. Marino Stram & Associates LLC now owns 11,985 shares of the company’s stock worth $1,091,000 after buying an additional 119 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in shares of American Electric Power by 0.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 28,284 shares of the company’s stock worth $2,445,000 after buying an additional 119 shares during the last quarter. 74.68% of the stock is owned by hedge funds and other institutional investors.

    Analysts Set New Price Targets

    A number of analysts have recently issued reports on the stock. Royal Bank of Canada cut their price target on shares of American Electric Power from $103.00 to $89.00 and set an “outperform” rating for the company in a report on Wednesday, September 6th. Guggenheim cut their price target on shares of American Electric Power from $105.00 to $96.00 in a report on Friday, July 7th. Morgan Stanley raised their price target on shares of American Electric Power from $95.00 to $97.00 and gave the stock an “overweight” rating in a report on Thursday. StockNews.com upgraded shares of American Electric Power from a “sell” rating to a “hold” rating in a report on Saturday, September 16th. Finally, Cfra dropped their target price on shares of American Electric Power from $99.00 to $94.00 and set a “buy” rating for the company in a report on Monday, September 18th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, American Electric Power presently has a consensus rating of “Moderate Buy” and an average target price of $94.97.

    Check Out Our Latest Stock Report on AEP

    American Electric Power Stock Performance

    NASDAQ:AEP opened at $79.17 on Friday. The company has a fifty day simple moving average of $81.00 and a two-hundred day simple moving average of $85.44. The company has a market cap of $40.79 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.71 and a beta of 0.46. The company has a quick ratio of 0.48, a current ratio of 0.61 and a debt-to-equity ratio of 1.52. American Electric Power Company, Inc. has a 52 week low of $75.47 and a 52 week high of $100.32.

    American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings results on Thursday, July 27th. The company reported $1.13 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.01). The business had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.70 billion. American Electric Power had a return on equity of 10.44% and a net margin of 10.20%. The business’s revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.20 EPS. As a group, equities analysts anticipate that American Electric Power Company, Inc. will post 5.26 earnings per share for the current fiscal year.

    American Electric Power Announces Dividend

    The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Thursday, August 10th were given a dividend of $0.83 per share. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $3.32 annualized dividend and a dividend yield of 4.19%. American Electric Power’s dividend payout ratio (DPR) is currently 86.01%.

    About American Electric Power

    (Free Report)

    American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.

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    Institutional Ownership by Quarter for American Electric Power (NASDAQ:AEP)

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  • MDU Resources Group, Inc. (NYSE:MDU) Shares Purchased by New Mexico Educational Retirement Board

    MDU Resources Group, Inc. (NYSE:MDU) Shares Purchased by New Mexico Educational Retirement Board

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    New Mexico Educational Retirement Board boosted its position in MDU Resources Group, Inc. (NYSE:MDU – Free Report) by 15.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,800 shares of the utilities provider’s stock after acquiring an additional 4,800 shares during the quarter. New Mexico Educational Retirement Board’s holdings in MDU Resources Group were worth $1,122,000 at the end of the most recent quarter.

    Other hedge funds have also recently added to or reduced their stakes in the company. CI Investments Inc. raised its holdings in MDU Resources Group by 19.3% in the fourth quarter. CI Investments Inc. now owns 13,692 shares of the utilities provider’s stock valued at $415,000 after acquiring an additional 2,219 shares in the last quarter. Bank of Nova Scotia raised its holdings in MDU Resources Group by 46.0% during the fourth quarter. Bank of Nova Scotia now owns 354,376 shares of the utilities provider’s stock worth $10,752,000 after purchasing an additional 111,732 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in MDU Resources Group by 10.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,099 shares of the utilities provider’s stock worth $883,000 after purchasing an additional 2,838 shares in the last quarter. Mendota Financial Group LLC acquired a new stake in MDU Resources Group during the fourth quarter worth approximately $162,000. Finally, ARGI Investment Services LLC raised its holdings in MDU Resources Group by 14.8% during the fourth quarter. ARGI Investment Services LLC now owns 49,561 shares of the utilities provider’s stock worth $1,504,000 after purchasing an additional 6,399 shares in the last quarter. Institutional investors and hedge funds own 69.63% of the company’s stock.

    MDU Resources Group Stock Performance

    Shares of MDU opened at $21.99 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. The firm has a market cap of $4.48 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 2.94 and a beta of 0.75. The company’s 50 day simple moving average is $22.35 and its 200-day simple moving average is $27.45. MDU Resources Group, Inc. has a 12-month low of $18.47 and a 12-month high of $22.55.

    MDU Resources Group (NYSE:MDU – Get Free Report) last announced its earnings results on Thursday, May 4th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. MDU Resources Group had a net margin of 5.13% and a return on equity of 11.25%. The business had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period last year, the firm posted $0.16 earnings per share. The company’s revenue for the quarter was up 22.6% compared to the same quarter last year. As a group, equities analysts predict that MDU Resources Group, Inc. will post 1.3 EPS for the current year.

    MDU Resources Group Announces Dividend

    The company also recently disclosed a quarterly dividend, which was paid on Saturday, July 1st. Investors of record on Tuesday, June 13th were given a $0.2225 dividend. The ex-dividend date of this dividend was Monday, June 12th. This represents a $0.89 dividend on an annualized basis and a yield of 4.05%. MDU Resources Group’s dividend payout ratio (DPR) is 48.37%.

    Analysts Set New Price Targets

    A number of research firms have weighed in on MDU. Bank of America raised shares of MDU Resources Group from an “underperform” rating to a “buy” rating in a report on Thursday, June 1st. StockNews.com began coverage on shares of MDU Resources Group in a report on Thursday. They set a “hold” rating on the stock.

    About MDU Resources Group

    (Free Report)

    MDU Resources Group, Inc engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through five segments: Electric, Natural Gas Distribution, Pipeline, Construction Materials and Contracting, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 84 transmission and 294 distribution substations.

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    Institutional Ownership by Quarter for MDU Resources Group (NYSE:MDU)

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  • Morgan Stanley Trims NextEra Energy (NYSE:NEE) Target Price to $94.00

    Morgan Stanley Trims NextEra Energy (NYSE:NEE) Target Price to $94.00

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    NextEra Energy (NYSE:NEE – Get Rating) had its target price lowered by Morgan Stanley from $97.00 to $94.00 in a report issued on Tuesday morning, Benzinga reports. Morgan Stanley currently has an overweight rating on the utilities provider’s stock.

    A number of other analysts have also recently issued reports on NEE. Credit Suisse Group cut their target price on shares of NextEra Energy from $89.00 to $85.00 and set an outperform rating for the company in a research note on Thursday, January 26th. StockNews.com upgraded shares of NextEra Energy from a sell rating to a hold rating in a research note on Friday, March 10th. Guggenheim cut their target price on shares of NextEra Energy from $102.00 to $96.00 and set a buy rating for the company in a research note on Thursday, January 26th. Bank of America cut shares of NextEra Energy from a buy rating to a neutral rating and cut their target price for the stock from $94.00 to $80.00 in a research note on Thursday, January 26th. Finally, Royal Bank of Canada dropped their price objective on shares of NextEra Energy from $101.00 to $98.00 and set an outperform rating for the company in a research note on Monday, January 30th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of $91.58.

    NextEra Energy Stock Performance

    Shares of NEE stock opened at $73.81 on Tuesday. The company has a fifty day moving average price of $75.99 and a two-hundred day moving average price of $80.02. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.51 and a quick ratio of 0.43. The stock has a market cap of $146.70 billion, a P/E ratio of 35.32, a P/E/G ratio of 2.70 and a beta of 0.44. NextEra Energy has a one year low of $67.22 and a one year high of $91.35.

    NextEra Energy (NYSE:NEE – Get Rating) last posted its earnings results on Wednesday, January 25th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The company had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.58 billion. NextEra Energy had a net margin of 19.79% and a return on equity of 12.51%. NextEra Energy’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 EPS. As a group, equities analysts predict that NextEra Energy will post 3.12 EPS for the current year.

    NextEra Energy Increases Dividend

    The company also recently announced a quarterly dividend, which was paid on Wednesday, March 15th. Shareholders of record on Tuesday, February 28th were issued a $0.4675 dividend. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.43. This represents a $1.87 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend was Monday, February 27th. NextEra Energy’s dividend payout ratio (DPR) is currently 89.47%.

    Insider Buying and Selling at NextEra Energy

    In other news, CEO Armando Pimentel, Jr. bought 13,200 shares of the firm’s stock in a transaction on Tuesday, February 21st. The shares were purchased at an average cost of $75.44 per share, with a total value of $995,808.00. Following the acquisition, the chief executive officer now directly owns 129,230 shares in the company, valued at $9,749,111.20. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CEO Armando Pimentel, Jr. bought 13,200 shares of the firm’s stock in a transaction on Tuesday, February 21st. The shares were purchased at an average cost of $75.44 per share, with a total value of $995,808.00. Following the acquisition, the chief executive officer now directly owns 129,230 shares in the company, valued at $9,749,111.20. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James Lawrence Camaren bought 2,000 shares of the firm’s stock in a transaction on Thursday, February 9th. The stock was purchased at an average cost of $73.50 per share, for a total transaction of $147,000.00. Following the completion of the acquisition, the director now owns 147,930 shares in the company, valued at $10,872,855. The disclosure for this purchase can be found here. Insiders have bought a total of 18,872 shares of company stock valued at $1,417,721 in the last ninety days. 0.43% of the stock is currently owned by company insiders.

    Institutional Investors Weigh In On NextEra Energy

    Hedge funds and other institutional investors have recently made changes to their positions in the stock. Two Sigma Advisers LP bought a new stake in shares of NextEra Energy during the 3rd quarter valued at approximately $24,166,000. Foundations Investment Advisors LLC grew its holdings in shares of NextEra Energy by 28.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 4,899 shares of the utilities provider’s stock valued at $384,000 after purchasing an additional 1,090 shares during the last quarter. McAdam LLC grew its holdings in shares of NextEra Energy by 4.5% during the 3rd quarter. McAdam LLC now owns 3,374 shares of the utilities provider’s stock valued at $265,000 after purchasing an additional 145 shares during the last quarter. Oxler Private Wealth LLC grew its holdings in NextEra Energy by 0.5% during the 3rd quarter. Oxler Private Wealth LLC now owns 42,270 shares of the utilities provider’s stock worth $3,314,000 after acquiring an additional 198 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its holdings in NextEra Energy by 5.1% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 141,104 shares of the utilities provider’s stock worth $11,796,000 after acquiring an additional 6,828 shares during the last quarter. 76.17% of the stock is owned by institutional investors.

    About NextEra Energy

    (Get Rating)

    NextEra Energy, Inc engages in the provision of renewable energy. It operates through the following segments: FPL and NEER. The FPL segment involves the generation, transmission, distribution, and sale of electric energy in Florida. The NEER segment produces electricity from clean and renewable sources, including wind and solar.

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    Analyst Recommendations for NextEra Energy (NYSE:NEE)

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  • LVW Advisors LLC Acquires 659 Shares of NextEra Energy, Inc. (NYSE:NEE)

    LVW Advisors LLC Acquires 659 Shares of NextEra Energy, Inc. (NYSE:NEE)

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    LVW Advisors LLC grew its holdings in NextEra Energy, Inc. (NYSE:NEE – Get Rating) by 1.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,614 shares of the utilities provider’s stock after purchasing an additional 659 shares during the period. LVW Advisors LLC’s holdings in NextEra Energy were worth $2,949,000 as of its most recent filing with the Securities & Exchange Commission.

    A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hoey Investments Inc. purchased a new stake in NextEra Energy in the 2nd quarter valued at about $26,000. Urban Wealth Management LLC purchased a new stake in shares of NextEra Energy in the second quarter valued at approximately $28,000. SRS Capital Advisors Inc. grew its stake in NextEra Energy by 70.8% in the second quarter. SRS Capital Advisors Inc. now owns 386 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 160 shares in the last quarter. Ellevest Inc. increased its holdings in NextEra Energy by 51.3% during the 2nd quarter. Ellevest Inc. now owns 475 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 161 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in NextEra Energy during the 2nd quarter valued at $41,000. Hedge funds and other institutional investors own 76.89% of the company’s stock.

    Wall Street Analysts Forecast Growth

    A number of equities analysts have recently issued reports on NEE shares. KeyCorp dropped their price target on NextEra Energy from $93.00 to $89.00 and set an “overweight” rating on the stock in a research report on Thursday, October 20th. Morgan Stanley raised their target price on shares of NextEra Energy from $95.00 to $97.00 and gave the company an “overweight” rating in a research report on Thursday, December 15th. Guggenheim lowered their price target on shares of NextEra Energy from $108.00 to $99.00 in a research report on Monday, October 24th. UBS Group cut their price objective on shares of NextEra Energy to $109.00 in a report on Tuesday, September 6th. Finally, Wells Fargo & Company upped their target price on NextEra Energy from $100.00 to $105.00 in a report on Wednesday, December 14th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $93.60.

    Insider Buying and Selling

    In other news, EVP Robert Coffey sold 2,908 shares of the stock in a transaction dated Tuesday, November 1st. The stock was sold at an average price of $78.19, for a total value of $227,376.52. Following the transaction, the executive vice president now directly owns 11,489 shares of the company’s stock, valued at $898,324.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Miguel Arechabala sold 12,478 shares of the company’s stock in a transaction on Monday, December 12th. The shares were sold at an average price of $85.89, for a total value of $1,071,735.42. Following the sale, the executive vice president now directly owns 24,710 shares of the company’s stock, valued at approximately $2,122,341.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert Coffey sold 2,908 shares of the firm’s stock in a transaction on Tuesday, November 1st. The stock was sold at an average price of $78.19, for a total transaction of $227,376.52. Following the transaction, the executive vice president now directly owns 11,489 shares of the company’s stock, valued at approximately $898,324.91. The disclosure for this sale can be found here. Insiders sold 46,617 shares of company stock worth $3,962,217 in the last 90 days. Insiders own 0.43% of the company’s stock.

    NextEra Energy Stock Down 0.7 %

    Shares of NEE stock opened at $83.52 on Tuesday. The stock’s fifty day moving average price is $80.51 and its 200 day moving average price is $81.76. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.46 and a quick ratio of 0.40. NextEra Energy, Inc. has a 1-year low of $67.22 and a 1-year high of $93.73. The company has a market cap of $165.97 billion, a price-to-earnings ratio of 43.05, a price-to-earnings-growth ratio of 3.03 and a beta of 0.48.

    NextEra Energy (NYSE:NEE – Get Rating) last posted its quarterly earnings data on Friday, October 28th. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The firm had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $5.77 billion. NextEra Energy had a net margin of 19.30% and a return on equity of 12.27%. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. On average, research analysts expect that NextEra Energy, Inc. will post 2.89 earnings per share for the current fiscal year.

    NextEra Energy Announces Dividend

    The company also recently announced a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Friday, November 25th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend was Wednesday, November 23rd. NextEra Energy’s payout ratio is 87.63%.

    NextEra Energy Company Profile

    (Get Rating)

    NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.

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    Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEE – Get Rating).

    Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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  • Mather Group LLC. Acquires 835 Shares of WEC Energy Group, Inc. (NYSE:WEC)

    Mather Group LLC. Acquires 835 Shares of WEC Energy Group, Inc. (NYSE:WEC)

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    Mather Group LLC. lifted its holdings in shares of WEC Energy Group, Inc. (NYSE:WEC – Get Rating) by 12.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,417 shares of the utilities provider’s stock after purchasing an additional 835 shares during the period. Mather Group LLC.’s holdings in WEC Energy Group were worth $746,000 at the end of the most recent reporting period.

    A number of other hedge funds also recently made changes to their positions in the business. Worldquant Millennium Advisors LLC bought a new stake in shares of WEC Energy Group during the 2nd quarter worth $1,410,000. Waratah Capital Advisors Ltd. purchased a new stake in WEC Energy Group in the 2nd quarter worth about $1,122,000. CoreFirst Bank & Trust purchased a new stake in WEC Energy Group in the 2nd quarter worth about $25,000. Northern Oak Wealth Management Inc. increased its holdings in WEC Energy Group by 12.2% in the 2nd quarter. Northern Oak Wealth Management Inc. now owns 6,188 shares of the utilities provider’s stock worth $623,000 after acquiring an additional 675 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC increased its holdings in WEC Energy Group by 2,080.5% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 16,463 shares of the utilities provider’s stock worth $92,000 after acquiring an additional 15,708 shares during the last quarter. 75.03% of the stock is currently owned by institutional investors.

    WEC Energy Group Stock Performance

    Shares of WEC opened at $95.73 on Friday. The company has a market cap of $30.20 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 3.54 and a beta of 0.36. The company has a current ratio of 0.82, a quick ratio of 0.55 and a debt-to-equity ratio of 1.29. The stock has a 50-day moving average price of $91.60 and a 200-day moving average price of $97.94. WEC Energy Group, Inc. has a 12-month low of $80.82 and a 12-month high of $108.39.

    WEC Energy Group (NYSE:WEC – Get Rating) last issued its quarterly earnings results on Tuesday, November 1st. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.83 billion. WEC Energy Group had a return on equity of 12.13% and a net margin of 14.94%. As a group, equities analysts forecast that WEC Energy Group, Inc. will post 4.4 earnings per share for the current fiscal year.

    WEC Energy Group Dividend Announcement

    The firm also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Stockholders of record on Monday, November 14th were given a dividend of $0.7275 per share. The ex-dividend date was Thursday, November 10th. This represents a $2.91 dividend on an annualized basis and a dividend yield of 3.04%. WEC Energy Group’s dividend payout ratio (DPR) is presently 66.59%.

    Insider Activity

    In other news, Director Glen E. Tellock bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 8th. The stock was bought at an average price of $91.39 per share, for a total transaction of $91,390.00. Following the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $91,390. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Glen E. Tellock bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 8th. The stock was bought at an average price of $91.39 per share, for a total transaction of $91,390.00. Following the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $91,390. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ulice Payne, Jr. sold 950 shares of the business’s stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $97.59, for a total value of $92,710.50. Following the completion of the sale, the director now owns 21,375 shares of the company’s stock, valued at approximately $2,085,986.25. The disclosure for this sale can be found here. Corporate insiders own 0.34% of the company’s stock.

    Analyst Ratings Changes

    Several brokerages recently weighed in on WEC. Guggenheim decreased their price objective on WEC Energy Group from $104.00 to $95.00 in a report on Monday, October 24th. Credit Suisse Group lifted their price objective on WEC Energy Group from $89.00 to $93.00 and gave the stock an “underperform” rating in a report on Thursday, November 3rd. TheStreet lowered WEC Energy Group from a “b” rating to a “c+” rating in a report on Tuesday, November 1st. UBS Group lifted their target price on WEC Energy Group to $103.00 in a report on Monday, November 21st. Finally, Mizuho reduced their target price on WEC Energy Group from $93.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, October 17th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $98.09.

    WEC Energy Group Company Profile

    (Get Rating)

    WEC Energy Group, Inc, through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other.

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    Institutional Ownership by Quarter for WEC Energy Group (NYSE:WEC)

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