12,067 Shares in Eversource Energy (NYSE:ES) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new position in shares of Eversource Energy (NYSE:ES - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,067 shares of the utilities provider's stock, valued at approximately $693,000.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Eversource Energy by 3.2% in the 4th quarter. Vanguard Group Inc. now owns 44,609,716 shares of the utilities provider's stock valued at $2,561,936,000 after purchasing an additional 1,387,072 shares in the last quarter. Wellington Management Group LLP boosted its position in Eversource Energy by 38.6% during the 4th quarter. Wellington Management Group LLP now owns 16,470,356 shares of the utilities provider's stock worth $945,893,000 after buying an additional 4,585,232 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Eversource Energy by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,933,838 shares of the utilities provider's stock worth $570,500,000 after buying an additional 226,972 shares during the period. Geode Capital Management LLC boosted its position in Eversource Energy by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 9,557,213 shares of the utilities provider's stock worth $547,550,000 after buying an additional 517,042 shares during the period. Finally, FMR LLC boosted its position in Eversource Energy by 4.8% during the 4th quarter. FMR LLC now owns 7,352,593 shares of the utilities provider's stock worth $422,259,000 after buying an additional 333,529 shares during the period. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy Trading Up 0.6%

Shares of NYSE:ES traded up $0.39 during mid-day trading on Friday, hitting $63.45. The company had a trading volume of 1,587,252 shares, compared to its average volume of 2,429,382. The firm has a fifty day moving average price of $59.85 and a 200 day moving average price of $59.83. The company has a market capitalization of $23.31 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 2.35 and a beta of 0.61. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.76 and a quick ratio of 0.76. Eversource Energy has a one year low of $52.28 and a one year high of $69.01.

Eversource Energy (NYSE:ES - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The utilities provider reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. The company had revenue of $4.12 billion during the quarter, compared to analyst estimates of $3.65 billion. Eversource Energy had a net margin of 6.82% and a return on equity of 10.99%. Eversource Energy's revenue for the quarter was up 23.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.49 EPS. As a group, research analysts forecast that Eversource Energy will post 4.75 EPS for the current year.

Eversource Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.7525 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.01 dividend on an annualized basis and a yield of 4.74%. Eversource Energy's dividend payout ratio (DPR) is presently 129.74%.

Analysts Set New Price Targets

Several equities research analysts recently commented on ES shares. Jefferies Financial Group cut their target price on shares of Eversource Energy from $52.00 to $47.00 and set an "underperform" rating on the stock in a research report on Tuesday, January 28th. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $58.00 target price (down from $69.00) on shares of Eversource Energy in a research report on Thursday, April 10th. Wells Fargo & Company cut their target price on shares of Eversource Energy from $79.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, February 13th. BMO Capital Markets raised their price target on shares of Eversource Energy from $71.00 to $72.00 and gave the stock a "market perform" rating in a report on Monday, April 28th. Finally, Scotiabank lowered their price target on shares of Eversource Energy from $56.00 to $55.00 and set a "sector underperform" rating for the company in a report on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Eversource Energy presently has an average rating of "Hold" and an average price target of $65.78.

Insider Buying and Selling at Eversource Energy

In other Eversource Energy news, EVP Penelope M. Conner sold 2,600 shares of Eversource Energy stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $64.00, for a total transaction of $166,400.00. Following the transaction, the executive vice president now directly owns 10,988 shares of the company's stock, valued at $703,232. The trade was a 19.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by company insiders.

Eversource Energy 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.