Global Financial Private Capital LLC Has $576,000 Holdings in Eversource Energy (ES)

Global Financial Private Capital LLC raised its position in Eversource Energy (NYSE:ES) by 60.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,122 shares of the utilities provider’s stock after buying an additional 3,429 shares during the period. Global Financial Private Capital LLC’s holdings in Eversource Energy were worth $576,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of ES. Janus Henderson Group PLC increased its stake in shares of Eversource Energy by 142.0% during the 3rd quarter. Janus Henderson Group PLC now owns 1,854,043 shares of the utilities provider’s stock worth $112,057,000 after purchasing an additional 1,087,774 shares during the last quarter. APG Asset Management N.V. increased its stake in shares of Eversource Energy by 72.3% during the 3rd quarter. APG Asset Management N.V. now owns 2,556,503 shares of the utilities provider’s stock worth $154,515,000 after purchasing an additional 1,072,700 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Eversource Energy by 3.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 15,936,793 shares of the utilities provider’s stock worth $963,220,000 after purchasing an additional 516,965 shares during the last quarter. Old Mutual Global Investors UK Ltd. increased its stake in shares of Eversource Energy by 119.2% during the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 865,074 shares of the utilities provider’s stock worth $52,285,000 after purchasing an additional 470,491 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of Eversource Energy by 33.5% during the 4th quarter. Swiss National Bank now owns 1,557,757 shares of the utilities provider’s stock worth $98,419,000 after purchasing an additional 390,600 shares during the last quarter. Hedge funds and other institutional investors own 70.67% of the company’s stock.

Several equities research analysts have recently issued reports on the stock. Morgan Stanley lowered shares of Eversource Energy from an “overweight” rating to an “equal weight” rating and set a $63.00 price target for the company. in a research note on Tuesday, February 13th. Bank of America decreased their price target on shares of Eversource Energy from $64.00 to $59.00 and set an “underperform” rating for the company in a research note on Friday, February 2nd. Citigroup lowered shares of Eversource Energy from a “neutral” rating to a “sell” rating in a research note on Friday, February 2nd. Janney Montgomery Scott lowered shares of Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Friday, February 2nd. Finally, UBS Group assumed coverage on shares of Eversource Energy in a research note on Friday, February 2nd. They set a “neutral” rating and a $66.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. Eversource Energy has a consensus rating of “Hold” and an average target price of $63.63.

Eversource Energy (NYSE:ES) opened at $59.12 on Monday. The company has a market cap of $18,734.29, a P/E ratio of 19.19, a P/E/G ratio of 2.97 and a beta of 0.27. Eversource Energy has a fifty-two week low of $55.85 and a fifty-two week high of $66.15. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 0.95.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Tuesday, March 6th will be issued a $0.505 dividend. The ex-dividend date is Monday, March 5th. This is an increase from Eversource Energy’s previous quarterly dividend of $0.48. This represents a $2.02 annualized dividend and a yield of 3.42%. Eversource Energy’s dividend payout ratio (DPR) is 61.69%.

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About Eversource Energy

Eversource Energy 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, Massachusetts, and New Hampshire and the regulated electric generation businesses.

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Institutional Ownership by Quarter for Eversource Energy (NYSE:ES)

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