Entergy Corp. (NYSE:ETR) shares traded down 1.4% during mid-day trading on Thursday . The company traded as low as $79.55 and last traded at $79.78, with a volume of 460,385 shares traded. The stock had previously closed at $80.92.

A number of research analysts have recently issued reports on the stock. Goldman Sachs Group Inc. upgraded shares of Entergy Corp. from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $78.00 to $83.00 in a research report on Friday, April 1st. Barclays PLC boosted their price target on shares of Entergy Corp. from $76.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Friday, March 18th. JPMorgan Chase & Co. restated a “hold” rating and issued a $81.00 price target on shares of Entergy Corp. in a research report on Friday, June 10th. Jefferies Group boosted their target price on shares of Entergy Corp. from $79.00 to $84.00 and gave the company a “hold” rating in a research report on Friday, June 10th. Finally, Morgan Stanley reiterated a “hold” rating on shares of Entergy Corp. in a research report on Friday, June 10th. Eleven research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $78.15.

The stock has a 50 day moving average of $78.89 and a 200-day moving average of $74.97. The stock’s market capitalization is $14.26 billion.

Entergy Corp. (NYSE:ETR) last issued its earnings results on Tuesday, April 26th. The company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.12. During the same quarter in the prior year, the firm posted $1.68 earnings per share. Equities research analysts expect that Entergy Corp. will post $5.10 earnings per share for the current year.

In other news, Director Alexis M. Herman sold 1,091 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $76.24, for a total value of $83,177.84. Following the transaction, the director now owns 1,227 shares in the company, valued at $93,546.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Charles L. Rice, Jr. sold 3,466 shares of the firm’s stock in a transaction that occurred on Wednesday, May 11th. The stock was sold at an average price of $75.69, for a total transaction of $262,341.54. Following the completion of the transaction, the insider now owns 7,645 shares in the company, valued at approximately $578,650.05. The disclosure for this sale can be found here.

A number of institutional investors have recently made changes to their positions in ETR. BHF Kleinwort Benson Group S.A. raised its position in shares of Entergy Corp. by 92.1% in the fourth quarter. BHF Kleinwort Benson Group S.A. now owns 25,167 shares of the company’s stock valued at $1,720,000 after buying an additional 12,067 shares in the last quarter. Twin Capital Management Inc. raised its position in shares of Entergy Corp. by 0.3% in the fourth quarter. Twin Capital Management Inc. now owns 23,520 shares of the company’s stock valued at $1,608,000 after buying an additional 60 shares in the last quarter. Gulf International Bank UK Ltd raised its position in shares of Entergy Corp. by 0.7% in the fourth quarter. Gulf International Bank UK Ltd now owns 52,522 shares of the company’s stock valued at $3,590,000 after buying an additional 350 shares in the last quarter. Afam Capital Inc. raised its position in shares of Entergy Corp. by 1.4% in the fourth quarter. Afam Capital Inc. now owns 58,880 shares of the company’s stock valued at $4,025,000 after buying an additional 834 shares in the last quarter. Finally, BOKF NA raised its position in shares of Entergy Corp. by 3.8% in the fourth quarter. BOKF NA now owns 26,426 shares of the company’s stock valued at $1,806,000 after buying an additional 957 shares in 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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