Citigroup Reports Next PLC (LON:NXT) Downgrade; Alps Advisors Has Cut Its Entergy (ETR) Stake

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Alps Advisors Inc decreased Entergy Corp (ETR) stake by 98.83% reported in 2017Q4 SEC filing. Alps Advisors Inc sold 566,482 shares as Entergy Corp (ETR)’s stock declined 1.27%. The Alps Advisors Inc holds 6,720 shares with $547,000 value, down from 573,202 last quarter. Entergy Corp now has $14.48 billion valuation. The stock increased 0.66% or $0.52 during the last trading session, reaching $79.76. About 1.31M shares traded. Entergy Corporation (NYSE:ETR) has risen 3.67% since April 6, 2017 and is uptrending. It has underperformed by 7.88% the S&P500.

Trading of Next PLC (LON:NXT)‘s shares is going to be interesting today as Citigroup downgraded the stock to a Sell.

Among 16 analysts covering Entergy Corporation (NYSE:ETR), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Entergy Corporation has $101.0 highest and $59 lowest target. $82.68’s average target is 3.66% above currents $79.76 stock price. Entergy Corporation had 62 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, April 13 by Jefferies. The company was upgraded on Monday, August 22 by Guggenheim. The firm earned “Underperform” rating on Tuesday, November 22 by Bank of America. Barclays Capital maintained Entergy Corporation (NYSE:ETR) rating on Friday, March 18. Barclays Capital has “Equal-Weight” rating and $80 target. The company was maintained on Friday, June 2 by Jefferies. The rating was downgraded by Zacks to “Sell” on Monday, September 7. RBC Capital Markets maintained Entergy Corporation (NYSE:ETR) rating on Sunday, September 24. RBC Capital Markets has “Hold” rating and $80.0 target. The stock has “Hold” rating by Mizuho on Friday, October 27. The stock has “Underweight” rating by Morgan Stanley on Thursday, August 10. The rating was maintained by Guggenheim with “Buy” on Tuesday, January 2.

Alps Advisors Inc increased International Paper Co (NYSE:IP) stake by 15,116 shares to 842,049 valued at $48.79M in 2017Q4. It also upped Spectra Energy Partners Lp (NYSE:SEP) stake by 203,631 shares and now owns 6.67M shares. Merck & Co Inc (NYSE:MRK) was raised too.

Analysts await Entergy Corporation (NYSE:ETR) to report earnings on April, 25. They expect $1.24 EPS, up 25.25% or $0.25 from last year’s $0.99 per share. ETR’s profit will be $225.04 million for 16.08 P/E if the $1.24 EPS becomes a reality. After $0.76 actual EPS reported by Entergy Corporation for the previous quarter, Wall Street now forecasts 63.16% EPS growth.

Investors sentiment increased to 1.14 in Q4 2017. Its up 0.06, from 1.08 in 2017Q3. It improved, as 43 investors sold ETR shares while 153 reduced holdings. 62 funds opened positions while 162 raised stakes. 144.68 million shares or 0.92% less from 146.03 million shares in 2017Q3 were reported. National Bank owns 4,581 shares. Segment Wealth Mgmt Limited Liability Corp owns 2,472 shares. Moreover, Gateway Advisers Ltd Liability Company has 0.01% invested in Entergy Corporation (NYSE:ETR) for 10,949 shares. North Star Mgmt has 500 shares. Covington Management stated it has 0% in Entergy Corporation (NYSE:ETR). Pittenger & Anderson owns 0% invested in Entergy Corporation (NYSE:ETR) for 100 shares. Texas Permanent School Fund has invested 0.05% in Entergy Corporation (NYSE:ETR). Moreover, Mitsubishi Ufj & has 0.05% invested in Entergy Corporation (NYSE:ETR). Stephens Ar has invested 0.04% in Entergy Corporation (NYSE:ETR). Retirement System Of Alabama holds 0.05% or 126,364 shares. Nomura Asset Management Limited invested in 29,453 shares. Rodgers Brothers holds 3,129 shares. Susquehanna Grp Llp holds 0% or 69,100 shares in its portfolio. Hm Payson has invested 0.02% of its portfolio in Entergy Corporation (NYSE:ETR). Kentucky Retirement Systems Fund holds 0.07% or 4,787 shares in its portfolio.

Since October 13, 2017, it had 0 insider buys, and 15 insider sales for $4.38 million activity. VINCI DONALD W also sold $449,528 worth of Entergy Corporation (NYSE:ETR) shares. 10,396 shares were sold by Mount Alyson M, worth $816,086. $193,200 worth of Entergy Corporation (NYSE:ETR) was sold by HINNENKAMP PAUL D. FISACKERLY HALEY sold $324,522 worth of stock. On Thursday, October 19 Rainer Sallie T sold $340,000 worth of Entergy Corporation (NYSE:ETR) or 4,000 shares. Another trade for 2,500 shares valued at $205,000 was sold by Riley Richard C. Brown Marcus V sold 1,500 shares worth $123,000.

Among 28 analysts covering Next PLC (LON:NXT), 6 have Buy rating, 10 Sell and 12 Hold. Therefore 21% are positive. Next PLC has GBX 9000 highest and GBX 3360 lowest target. GBX 4691.32’s average target is 0.11% above currents GBX 4686 stock price. Next PLC had 304 analyst reports since July 24, 2015 according to SRatingsIntel. Whitman Howard maintained it with “Sell” rating and GBX 3700 target in Tuesday, January 2 report. The stock of Next Plc (LON:NXT) has “Underperform” rating given on Monday, April 11 by BNP Paribas. The company was maintained on Monday, September 14 by Charles Stanley. Numis Securities maintained Next Plc (LON:NXT) on Thursday, January 4 with “Hold” rating. HSBC reinitiated the shares of NXT in report on Monday, January 9 with “Buy” rating. The firm has “Neutral” rating by JP Morgan given on Thursday, November 2. The stock of Next Plc (LON:NXT) has “Hold” rating given on Wednesday, May 4 by Cantor Fitzgerald. The firm has “Hold” rating by HSBC given on Tuesday, January 3. The stock has “Sell” rating by Haitong Securities on Wednesday, January 20. Haitong Securities maintained the shares of NXT in report on Tuesday, January 3 with “Buy” rating.

The stock decreased 2.78% or GBX 134 during the last trading session, reaching GBX 4686. About 157,907 shares traded. Next Plc (LON:NXT) has 0.00% since April 6, 2017 and is . It has underperformed by 11.55% the S&P500.

Entergy Corporation (NYSE:ETR) Institutional Positions Chart