Economy

What Analysts Say? CenterPoint Energy, Inc. (CNP) stock closes Yesterday with 0.37%

The company has a market capitalization of $12.75 billion, a price-to-earnings ratio of 21.14 and a beta of 0.62. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers. The Company's portfolio of software products and software-enabled services allows its clients to automate and integrate front-office functions, such as trading and modeling, middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing. CenterPoint Energy's revenue was up 36.1% on a year-over-year basis. CenterPoint Energy's dividend payout ratio is presently 76.98%. Teachers Advisors LLC now owns 1,754,782 shares of the utilities provider's stock valued at $48,379,000 after buying an additional 28,247 shares during the last quarter.

CenterPoint Energy Inc. has a 12 month low of $16.05 and a 12 month high of $24.71. The stock decreased 1.18% or $0.39 during the last trading session, reaching $32.56.

About 1.49 million shares traded. (NYSE:CNP). Valley National Advisers Inc has invested 0% in CenterPoint Energy, Inc. It has outperformed by 8.84% the S&P500. The average investment rating for CNP on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.20 or a Hold. Therefore 8% are positive. In the most recent quarter, institutional ownership increased by a net of 9.83 million shares, or 2.84%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for CNP overall.253 holders increased their positions, 233 decreased their positions, and 106 holders held their positions. Captrust Fincl Advsrs invested 0.13% in CenterPoint Energy, Inc. "(NYSE:CNP)" was published by TrueBlueTribune and is the sole property of of TrueBlueTribune. The company was upgraded on Monday, May 9 by Goldman Sachs. The stock has "Neutral" rating by JP Morgan on Thursday, June 29. They set a "neutral" rating and a $30.00 price target on the stock. Robert W. Baird maintained the stock with "Buy" rating in Thursday, October 12 report. On Tuesday, October 13 the stock rating was upgraded by Credit Suisse to "Neutral". Argus Research has "Buy" rating and $22.0 target.

Analysts await CenterPoint Energy, Inc. It is down 0.00% since November 1, 2016 and is. Macquarie Research has "Neutral" rating and $20 target. The firm has "Neutral" rating by Credit Suisse given on Monday, August 14.

Investors sentiment decreased to 1.08 in Q2 2017. Its down 0.09, from 1.3 in 2017Q1. It dropped, as 37 investors sold CNP shares while 160 reduced holdings. 324.57 million shares or 1.35% less from 329.00 million shares in 2017Q1 were reported. It is 0.00% or $0 reaching $0.00695 per share. (NYSE:CNP). Tiedemann Wealth Management Limited Com stated it has 12,775 shares. Linscomb Williams holds 0.02% in Antero Resources Corp (NYSE:AR) or 10,163 shares. Tower Capital Lc (Trc) owns 730 shares for 0% of their portfolio. Caisse De Depot Et Placement Du Quebec invested 0.02% in CenterPoint Energy, Inc. (NYSE:CNP) for 774,769 shares. Magnetar Llc invested in 0.02% or 31,436 shares.

WARNING: "Viking Fund Management LLC Sells 30,000 Shares of CenterPoint Energy, Inc". North Star Mngmt Corporation holds 0.03% or 8,090 shares. Los Angeles Mgmt Equity Research Incorporated stated it has 0.36% of its portfolio in CenterPoint Energy, Inc. Guggenheim Ltd Company reported 1.71M shares stake. Warren Glen C Jr had bought 250,000 shares worth $5.25 million. Voya Inv Mgmt Limited Com owns 733,151 shares or 0.04% of their United States portfolio.

Shares of CenterPoint Energy, Inc.

Since June 1, 2017, it had 0 insider buys, and 1 insider sale for $28,670 activity.

Recent trading patterns in the stock of CenterPoint Energy, Inc. (NYSE:CNP). State Of New Jersey Common Pension Fund D has 200,000 shares. Victory Cap holds 0.14% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP) earned "Neutral" rating by JP Morgan on Thursday, October 12. The utilities provider reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.07. CNP's profit will be $176.74M for 18.09 P/E if the $0.41 EPS becomes a reality. On average, equities analysts anticipate that CenterPoint Energy, Inc. will post $1.33 earnings per share for the current fiscal year.

Malaga Cove Capital Llc increased Antero Res Corp (AR) stake by 79.77% reported in 2017Q2 SEC filing. It also reduced Abercrombie & Fitch Cla (NYSE:ANF) stake by 182,432 shares and now owns 255,195 shares. Red Hat Inc (NYSE:RHT) was raised too.

Among 26 analysts covering Antero Resources (NYSE:AR), 15 have Buy rating, 1 Sell and 10 Hold. SSNC was included in 4 notes of analysts from July 30, 2015. The firm has " rating by Stephens given on Tuesday, February 23. The stock of SS&C Technologies Holdings, Inc. The firm earned "Buy" rating on Tuesday, October 18 by Evercore. The firm has "Buy" rating by Citigroup given on Friday, July 21. Paradigm Asset Management Co. CenterPoint Energy makes up approximately 1.6% of Viking Fund Management LLC's portfolio, making the stock its 20th biggest position. The California-based Park Presidio Capital Llc has invested 4.33% in the stock.



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