Imprint Wealth LLC Has $252,000 Stock Holdings in Entergy Co. (NYSE:ETR)

Imprint Wealth LLC lifted its position in shares of Entergy Co. (NYSE:ETR) by 9.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,497 shares of the utilities provider’s stock after purchasing an additional 210 shares during the quarter. Imprint Wealth LLC’s holdings in Entergy were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of ETR. Fairfield Bush & CO. acquired a new stake in shares of Entergy during the 1st quarter worth approximately $29,000. Dimensional Fund Advisors LP raised its position in Entergy by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 637,493 shares of the utilities provider’s stock valued at $74,429,000 after purchasing an additional 11,568 shares during the last quarter. Blair William & Co. IL raised its position in Entergy by 20.0% in the 1st quarter. Blair William & Co. IL now owns 44,607 shares of the utilities provider’s stock valued at $5,208,000 after purchasing an additional 7,434 shares during the last quarter. Sei Investments Co. raised its position in shares of Entergy by 52.8% during the first quarter. Sei Investments Co. now owns 189,102 shares of the utilities provider’s stock worth $22,074,000 after acquiring an additional 65,376 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of Entergy by 37.7% during the first quarter. Allianz Asset Management GmbH now owns 288,794 shares of the utilities provider’s stock worth $33,717,000 after acquiring an additional 79,137 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.

Insider Buying and Selling

In related news, EVP Marcus V. Brown sold 8,500 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $102.84, for a total transaction of $874,140.00. Following the sale, the executive vice president now owns 9,911 shares in the company, valued at $1,019,247.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Entergy news, EVP Marcus V. Brown sold 8,500 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $102.84, for a total value of $874,140.00. Following the sale, the executive vice president now owns 9,911 shares in the company, valued at $1,019,247.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kimberly Cook-Nelson sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were 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 owns 16,037 shares in the company, valued at approximately $1,609,312.95. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,000 shares of company stock worth $1,226,685. Corporate insiders own 0.54% of the company’s stock.

Entergy Stock Performance

Shares of Entergy stock opened at $100.58 on Wednesday. The firm has a market cap of $21.45 billion, a price-to-earnings ratio of 9.07, a price-to-earnings-growth ratio of 2.02 and a beta of 0.71. The stock’s 50-day moving average is $102.23 and its 200-day moving average is $99.96. Entergy Co. has a one year low of $87.10 and a one year high of $109.85. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.57 and a quick ratio of 0.32.

Entergy (NYSE:ETR) last issued its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $0.52 EPS for the quarter, meeting analysts’ consensus estimates of $0.52. The company had revenue of $2.72 billion for the quarter, compared to analyst estimates of $3.27 billion. Entergy had a return on equity of 10.54% and a net margin of 19.41%. During the same period in the previous year, the company posted $0.51 earnings per share. Equities analysts predict that Entergy Co. will post 7.22 earnings per share for the current fiscal year.

Entergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, May 2nd will be issued a $1.13 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.49%. Entergy’s dividend payout ratio (DPR) is 40.76%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Royal Bank of Canada restated an “outperform” rating and set a $117.00 target price on shares of Entergy in a research report on Monday, February 26th. Barclays dropped their target price on Entergy from $108.00 to $107.00 and set an “equal weight” rating for the company in a research report on Monday. Finally, BMO Capital Markets boosted their target price on Entergy from $110.00 to $113.00 and gave the stock an “outperform” rating in a research report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $109.78.

About Entergy

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.