Centerpoint Energy INC Com (CNP) Shareholder Green Square Capital LLC Has Lowered Its Stake by $6.77 Million as Share Price Declined

CenterPoint Energy, Inc. (NYSE:CNP) LogoInvestors sentiment increased to 1.13 in Q1 2019. Its up 0.08, from 1.05 in 2018Q4. It is positive, as 37 investors sold CNP shares while 161 reduced holdings. 67 funds opened positions while 157 raised stakes. 365.34 million shares or 3.39% less from 378.14 million shares in 2018Q4 were reported. Texas Permanent School Fund stated it has 0.05% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Lsv Asset holds 0% or 69,200 shares in its portfolio. Dana Investment Advisors invested in 0.69% or 475,563 shares. Duncker Streett And Company Inc holds 0.03% or 3,817 shares in its portfolio. Cibc Ww Mkts Incorporated holds 0.01% or 61,335 shares in its portfolio. Loomis Sayles & Limited Partnership reported 84,991 shares stake. Huntington National Bank has invested 0% in CenterPoint Energy, Inc. (NYSE:CNP). Exane Derivatives accumulated 1 shares or 0% of the stock. Victory Cap Management has invested 0.06% in CenterPoint Energy, Inc. (NYSE:CNP). South Texas Money Mngmt reported 0.08% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Cornercap Counsel Incorporated reported 0.36% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Of Vermont stated it has 110 shares. Piedmont Advisors holds 0.01% or 8,095 shares in its portfolio. Bnp Paribas Arbitrage reported 901,584 shares. Verition Fund Management Ltd Liability owns 36,691 shares.

Since January 2, 2019, it had 0 insider purchases, and 2 selling transactions for $234,360 activity.

Green Square Capital Llc decreased its stake in Centerpoint Energy Inc Com (CNP) by 83.23% based on its latest 2019Q1 regulatory filing with the SEC. Green Square Capital Llc sold 225,794 shares as the company’s stock declined 4.36% while stock markets rallied. The hedge fund held 45,502 shares of the public utilities company at the end of 2019Q1, valued at $1.40M, down from 271,296 at the end of the previous reported quarter. Green Square Capital Llc who had been investing in Centerpoint Energy Inc Com for a number of months, seems to be less bullish one the $14.39 billion market cap company. The stock decreased 0.90% or $0.26 during the last trading session, reaching $28.66. About 4.42 million shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has risen 11.06% since June 11, 2018 and is uptrending. It has outperformed by 6.63% the S&P500.

Green Square Capital Llc, which manages about $1.82 billion and $154.42M US Long portfolio, upped its stake in Vanguard S&P 500 Etf (VOO) by 12,165 shares to 32,771 shares, valued at $8.51 million in 2019Q1, according to the filing.

Analysts await CenterPoint Energy, Inc. (NYSE:CNP) to report earnings on August, 2. They expect $0.34 earnings per share, up 13.33 % or $0.04 from last year’s $0.3 per share. CNP’s profit will be $170.74 million for 21.07 P/E if the $0.34 EPS becomes a reality. After $0.46 actual earnings per share reported by CenterPoint Energy, Inc. for the previous quarter, Wall Street now forecasts -26.09 % negative EPS growth.

More notable recent CenterPoint Energy, Inc. (NYSE:CNP) news were published by: Prnewswire.com which released: “Injured Utility Worker Sues CenterPoint Energy Houston Electric for Negligence – PRNewswire” on May 21, 2019, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For June 3, 2019 – Benzinga” published on June 03, 2019, Finance.Yahoo.com published: “How Many CenterPoint Energy, Inc. (NYSE:CNP) Shares Have Insiders Sold, In The Last Year? – Yahoo Finance” on May 10, 2019. More interesting news about CenterPoint Energy, Inc. (NYSE:CNP) were released by: Finance.Yahoo.com and their article: “Carlson Capital’s Latest Moves – Yahoo Finance” published on May 17, 2019 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 5, 2019 – Benzinga” with publication date: June 05, 2019.

CenterPoint Energy, Inc. (NYSE:CNP) Ratings Coverage

Among 6 analysts covering CenterPoint Energy (NYSE:CNP), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. CenterPoint Energy had 10 analyst reports since December 14, 2018 according to SRatingsIntel. Goldman Sachs initiated CenterPoint Energy, Inc. (NYSE:CNP) rating on Monday, February 25. Goldman Sachs has “Buy” rating and $34 target. The firm has “Outperform” rating given on Friday, January 18 by RBC Capital Markets. As per Friday, December 14, the company rating was upgraded by UBS. Credit Suisse maintained the stock with “Buy” rating in Friday, March 1 report. Barclays Capital maintained the shares of CNP in report on Wednesday, March 20 with “Hold” rating. Guggenheim upgraded the shares of CNP in report on Monday, January 7 to “Buy” rating.

CenterPoint Energy, Inc. (NYSE:CNP) Institutional Positions Chart

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