Entergy Corp. (NYSE:ETR)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $81.95 and last traded at $81.55, with a volume of 496,300 shares traded. The stock had previously closed at $81.73.

A number of equities analysts have commented on ETR shares. JPMorgan Chase & Co. lifted their target price on shares of Entergy Corp. from $70.00 to $76.00 and gave the stock a “neutral” rating in a research note on Monday, March 14th. Barclays PLC lifted their price target on shares of Entergy Corp. from $76.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, March 18th. Goldman Sachs Group Inc. upgraded shares of Entergy Corp. from a “neutral” rating to a “buy” rating and lifted their price target for the company from $78.00 to $83.00 in a research report on Friday, April 1st. Jefferies Group reiterated a “hold” rating and set a $82.50 price target (up from $75.50) on shares of Entergy Corp. in a research report on Monday, April 11th. Finally, Zacks Investment Research upgraded shares of Entergy Corp. from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research report on Monday, April 11th. Eleven equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Entergy Corp. has a consensus rating of “Hold” and a consensus price target of $78.15.

The stock’s market capitalization is $14.39 billion. The company has a 50-day moving average of $77.92 and a 200-day moving average of $74.55.

Entergy Corp. (NYSE:ETR) last released its earnings results on Tuesday, April 26th. The company reported $1.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.23 by $0.12. During the same quarter in the previous year, the business earned $1.68 earnings per share. On average, equities analysts forecast that Entergy Corp. will post $5.10 earnings per share for the current fiscal year.

In other news, insider Haley Fisackerly sold 1,933 shares of the stock in a transaction dated Wednesday, May 4th. The shares were sold at an average price of $77.19, for a total transaction of $149,208.27. Following the transaction, the insider now directly owns 7,120 shares in the company, valued at approximately $549,592.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Alexis M. Herman sold 1,091 shares of the stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $76.24, for a total transaction of $83,177.84. Following the transaction, the director now owns 1,227 shares in the company, valued at $93,546.48. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently made changes to their positions in the company. Korea Investment CORP raised its position in shares of Entergy Corp. by 454.5% in the fourth quarter. Korea Investment CORP now owns 24,400 shares of the company’s stock valued at $1,667,000 after buying an additional 20,000 shares during the last quarter. Swiss National Bank raised its position in shares of Entergy Corp. by 1.8% in the fourth quarter. Swiss National Bank now owns 326,122 shares of the company’s stock valued at $22,294,000 after buying an additional 5,800 shares during the last quarter. Sei Investments Co. raised its position in shares of Entergy Corp. by 161.8% in the fourth quarter. Sei Investments Co. now owns 92,787 shares of the company’s stock valued at $6,343,000 after buying an additional 57,350 shares during the last quarter. Rhumbline Advisers raised its position in shares of Entergy Corp. by 2.2% in the fourth quarter. Rhumbline Advisers now owns 240,642 shares of the company’s stock valued at $16,450,000 after buying an additional 5,186 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Entergy Corp. by 0.7% in the fourth quarter. California Public Employees Retirement System now owns 646,236 shares of the company’s stock valued at $44,177,000 after buying an additional 4,400 shares during the last quarter.

Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. It operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business.

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