Cohen & Steers Adds $18M in Entergy Corporation ($ETR)
Key Points
- Cohen & Steers changed its Entergy Corporation ($ETR) stake by 5.5% last quarter, boosting to 3,038,377 shares worth $336.65 million.
- Wall Street's consensus rating on $ETR is Buy and an average price target of $121.88.
- $ETR last traded around $110.80.
Cohen & Steers increased its position in Entergy Corporation ($ETR) by 5.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,038,377 shares of Entergy Corporation after buying 159,395 shares during the quarter. Cohen & Steers's holdings in Entergy Corporation were worth $336.65 million as of its most recent filing.
Entergy Corporation ($ETR) Stock
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About Entergy Corporation
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. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 25,000 megawatts of electric generating capacity. It delivers electricity to 3.1 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.
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