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UMB Bank n.a. has cut its stake in shares of Entergy Co. by 91.1% during the third quarter, selling 88,507 shares and leaving it with 8,620 shares valued at $797,000. Similar changes have also been made by other large investors. The company posted quarterly earnings of $3.27 per share, surpassing analysts’ estimates.

Entergy’s stock performance on NYSE:ETR shows that it opened at $101.21 on Friday. Overall, the company has a 50-day moving average price of $98.99 and a 200-day average price of $97.79. It achieved revenue of $3.60 billion in the last quarter.

Entergy has announced a 4.47% dividend yield, representing a boost from the previous quarterly dividend. The earnings-to-dividend ratio (DPR) is currently 64.94%. Insider Marcus V. Brown sold 38,417 shares of Entergy stock at an average price of $101.53. He now owns 9,380 shares valued at $952,351.40.

Several research reports on ETR have been released recently. Analysts have given varying price targets, with Morgan Stanley giving a target of $94.00 and JPMorgan Chase setting a target of $121.00. UBS Group upgraded their rating to “buy” and raised their price target to $118.00.

Entergy Corporation, involved in the production and retail distribution of electricity in the United States, has been explained in further detail in the article. Make sure to check out the latest 13F filings and insider trades on Entergy Co. (NYSE:ETR).



Read more: Entergy Co. (NYSE:ETR) Shares Sold by UMB Bank n.a.