Brookfield Adds $7M in FirstEnergy Corp. ($FE)
Key Points
- Brookfield changed its FirstEnergy Corp. ($FE) stake by 6.4% last quarter, boosting to 2,621,338 shares worth $122.34 million.
- Wall Street's consensus rating on $FE is Buy and an average price target of $52.15.
- $FE last traded around $46.67.
Brookfield increased its position in FirstEnergy Corp. ($FE) by 6.4% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,621,338 shares of FirstEnergy Corp. after buying 156,920 shares during the quarter. Brookfield's holdings in FirstEnergy Corp. were worth $122.34 million as of its most recent filing.
FirstEnergy Corp. ($FE) Stock
FirstEnergy Corp. Earnings
FirstEnergy Corp. Dividend
Analysts Set New Price Targets
About FirstEnergy Corp.
FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. It operates through Distribution, Integrated, and Stand-Alone Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. The company operates 252,959 distribution line miles and 24,157 transmission line miles, including overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
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