XTX Topco Ltd Has $365,000 Stock Holdings in Eversource Energy (NYSE:ES)

XTX Topco Ltd lowered its holdings in Eversource Energy (NYSE:ES) by 86.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,370 shares of the utilities provider’s stock after selling 33,040 shares during the quarter. XTX Topco Ltd’s holdings in Eversource Energy were worth $365,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ES. Brooklyn Investment Group bought a new position in shares of Eversource Energy during the 3rd quarter worth about $31,000. Ashton Thomas Securities LLC bought a new position in Eversource Energy during the third quarter valued at about $32,000. UMB Bank n.a. raised its holdings in Eversource Energy by 62.9% in the 3rd quarter. UMB Bank n.a. now owns 513 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 198 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Eversource Energy by 162.0% in the 3rd quarter. Larson Financial Group LLC now owns 566 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 350 shares during the period. Finally, MFA Wealth Advisors LLC acquired a new stake in shares of Eversource Energy during the 3rd quarter worth approximately $48,000. 79.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ES shares. Bank of America lifted their price target on shares of Eversource Energy from $67.00 to $68.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. BMO Capital Markets decreased their target price on shares of Eversource Energy from $74.00 to $72.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 15th. StockNews.com lowered shares of Eversource Energy from a “hold” rating to a “sell” rating in a research report on Friday. Jefferies Financial Group initiated coverage on Eversource Energy in a report on Tuesday, December 3rd. They set an “underperform” rating and a $52.00 price objective on the stock. Finally, Barclays increased their target price on Eversource Energy from $69.00 to $72.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $68.38.

Eversource Energy Stock Down 2.3 %

Eversource Energy stock opened at $58.13 on Tuesday. The stock has a 50-day simple moving average of $63.05 and a 200 day simple moving average of $63.16. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 1.73. Eversource Energy has a 12-month low of $52.09 and a 12-month high of $69.01.

Eversource Energy (NYSE:ES) last announced its earnings results on Monday, November 4th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Eversource Energy had a negative net margin of 4.73% and a positive return on equity of 10.90%. The company had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same period in the prior year, the business earned $0.97 earnings per share. Eversource Energy’s quarterly revenue was up 9.7% on a year-over-year basis. On average, equities research analysts predict that Eversource Energy will post 4.56 earnings per share for the current fiscal year.

Eversource Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Wednesday, December 18th will be given a $0.715 dividend. The ex-dividend date is Wednesday, December 18th. This represents a $2.86 dividend on an annualized basis and a yield of 4.92%. Eversource Energy’s payout ratio is -182.17%.

Eversource Energy Company Profile

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas.