Investors sold shares of Eversource Energy (NYSE:ES) on strength during trading on Monday. $12.41 million flowed into the stock on the tick-up and $35.59 million flowed out of the stock on the tick-down, for a money net flow of $23.18 million out of the stock. Of all companies tracked, Eversource Energy had the 0th highest net out-flow for the day. Eversource Energy traded up $0.54 for the day and closed at $59.03

A number of equities analysts recently commented on the stock. Janney Montgomery Scott upgraded shares of Eversource Energy from a “neutral” rating to a “buy” rating and set a $67.00 target price on the stock in a research report on Monday. Zacks Investment Research cut shares of Eversource Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, June 15th. Mizuho lifted their target price on shares of Eversource Energy from $54.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 3rd. Deutsche Bank AG reiterated a “hold” rating and issued a $58.00 target price (down previously from $59.00) on shares of Eversource Energy in a research report on Monday, June 27th. Finally, Barclays PLC lifted their target price on shares of Eversource Energy from $62.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 7th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $60.26.

The company has a market cap of $18.76 billion and a PE ratio of 21.70. The firm’s 50 day moving average price is $58.16 and its 200 day moving average price is $56.34.

Eversource Energy (NYSE:ES) last issued its earnings results on Thursday, July 28th. The company reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.65 by $0.01. The company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the company posted $0.65 EPS. The business’s revenue was down 2.7% compared to the same quarter last year. On average, equities research analysts forecast that Eversource Energy will post $2.98 earnings per share for the current fiscal year.

Several institutional investors recently modified their holdings of ES. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Eversource Energy by 1.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,724 shares of the company’s stock worth $1,058,000 after buying an additional 346 shares in the last quarter. Suntrust Banks Inc. raised its position in shares of Eversource Energy by 80.6% in the fourth quarter. Suntrust Banks Inc. now owns 22,985 shares of the company’s stock worth $1,173,000 after buying an additional 10,258 shares in the last quarter. Advantus Capital Management Inc raised its position in shares of Eversource Energy by 2.2% in the fourth quarter. Advantus Capital Management Inc now owns 30,283 shares of the company’s stock worth $1,547,000 after buying an additional 651 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Eversource Energy by 30.3% in the fourth quarter. Victory Capital Management Inc. now owns 53,697 shares of the company’s stock worth $2,742,000 after buying an additional 12,501 shares in the last quarter. Finally, Cambridge Trust Co. raised its position in shares of Eversource Energy by 2.2% in the fourth quarter. Cambridge Trust Co. now owns 73,602 shares of the company’s stock worth $3,759,000 after buying an additional 1,592 shares in the last quarter.

Eversource Energy, formerly Northeast Utilities, is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company’s electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, eastern Massachusetts, New Hampshire and western Massachusetts, and the regulated electric generation businesses.

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