Entergy Co. (NYSE:ETR) EVP Donald W. Vinci sold 10,033 shares of the firm’s stock in a transaction that occurred on Monday, November 12th. The stock was sold at an average price of $87.00, for a total transaction of $872,871.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ETR traded up $0.21 during midday trading on Friday, reaching $88.46. 1,790,293 shares of the company were exchanged, compared to its average volume of 1,322,181. Entergy Co. has a one year low of $71.95 and a one year high of $89.43. The stock has a market cap of $15.99 billion, a P/E ratio of 12.29, a price-to-earnings-growth ratio of 1.81 and a beta of 0.42. The company has a current ratio of 0.64, a quick ratio of 0.49 and a debt-to-equity ratio of 1.88.

Entergy (NYSE:ETR) last posted its quarterly earnings results on Wednesday, October 31st. The utilities provider reported $3.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.83 by $0.94. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $2.85 billion. Entergy had a return on equity of 16.94% and a net margin of 4.01%. During the same quarter in the previous year, the firm earned $2.35 EPS. As a group, equities analysts forecast that Entergy Co. will post 6.98 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 3rd. Stockholders of record on Thursday, November 8th were given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 4.11%. This is an increase from Entergy’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend was Wednesday, November 7th. Entergy’s dividend payout ratio is presently 50.56%.

A number of research analysts have recently commented on the stock. Zacks Investment Research reissued a “strong-buy” rating and set a $97.00 target price on shares of Entergy in a research report on Tuesday, November 13th. Morgan Stanley set a $86.00 target price on shares of Entergy and gave the company a “hold” rating in a research note on Thursday, October 11th. Bank of America boosted their price target on shares of Entergy from $91.00 to $93.00 and gave the company a “buy” rating in a report on Thursday, November 1st. Citigroup upped their price objective on shares of Entergy from $88.00 to $89.00 and gave the stock a “buy” rating in a report on Wednesday, October 17th. Finally, JPMorgan Chase & Co. upped their price target on shares of Entergy from $82.00 to $85.00 and gave the company a “neutral” rating in a report on Wednesday, August 29th. Five investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $89.63.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Entergy by 1.0% in the third quarter. Vanguard Group Inc. now owns 21,656,660 shares of the utilities provider’s stock valued at $1,757,006,000 after buying an additional 218,066 shares during the period. Morgan Stanley boosted its holdings in Entergy by 86.7% in the third quarter. Morgan Stanley now owns 339,249 shares of the utilities provider’s stock worth $27,523,000 after acquiring an additional 157,537 shares in the last quarter. Legal & General Group Plc boosted its holdings in Entergy by 8.7% in the third quarter. Legal & General Group Plc now owns 1,347,336 shares of the utilities provider’s stock worth $109,268,000 after acquiring an additional 108,230 shares in the last quarter. Standard Life Aberdeen plc raised its stake in shares of Entergy by 6.3% in the third quarter. Standard Life Aberdeen plc now owns 84,479 shares of the utilities provider’s stock worth $6,854,000 after purchasing an additional 4,988 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC raised its stake in shares of Entergy by 110.4% in the third quarter. Paradigm Asset Management Co. LLC now owns 35,540 shares of the utilities provider’s stock worth $2,883,000 after purchasing an additional 18,650 shares during the last quarter. 91.31% of the stock is owned by institutional investors.

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About Entergy

Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States. It generates electricity through gas/oil, nuclear, coal, hydro, and solar power sources. The company's Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and distributes natural gas.

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