Jump Financial LLC Has $841,000 Stock Position in Eversource Energy (NYSE:ES)

Jump Financial LLC increased its holdings in Eversource Energy (NYSE:ES - Free Report) by 100.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,650 shares of the utilities provider's stock after buying an additional 7,336 shares during the period. Jump Financial LLC's holdings in Eversource Energy were worth $841,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ES. Barclays PLC grew its position in Eversource Energy by 15.9% in the 3rd quarter. Barclays PLC now owns 1,095,966 shares of the utilities provider's stock valued at $74,582,000 after buying an additional 150,535 shares in the last quarter. Bard Financial Services Inc. boosted its holdings in shares of Eversource Energy by 244.9% in the third quarter. Bard Financial Services Inc. now owns 21,715 shares of the utilities provider's stock valued at $1,478,000 after acquiring an additional 15,419 shares in the last quarter. World Investment Advisors LLC acquired a new stake in Eversource Energy in the third quarter worth approximately $277,000. Wilmington Savings Fund Society FSB bought a new position in Eversource Energy during the 3rd quarter valued at $270,000. Finally, Tidal Investments LLC raised its stake in shares of Eversource Energy by 5.2% in the 3rd quarter. Tidal Investments LLC now owns 13,849 shares of the utilities provider's stock worth $942,000 after buying an additional 689 shares in the last quarter. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy Stock Performance

Shares of NYSE:ES traded down $0.67 during trading on Friday, reaching $57.86. The stock had a trading volume of 2,992,213 shares, compared to its average volume of 2,345,697. The stock has a fifty day simple moving average of $59.86 and a two-hundred day simple moving average of $60.26. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.71. Eversource Energy has a 52 week low of $52.28 and a 52 week high of $69.01. The firm has a market capitalization of $21.24 billion, a price-to-earnings ratio of 25.05, a P/E/G ratio of 2.35 and a beta of 0.58.

Eversource Energy (NYSE:ES - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.01. Eversource Energy had a return on equity of 10.99% and a net margin of 6.82%. As a group, analysts anticipate that Eversource Energy will post 4.75 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 4th were paid a $0.7525 dividend. This represents a $3.01 dividend on an annualized basis and a dividend yield of 5.20%. This is a positive change from Eversource Energy's previous quarterly dividend of $0.72. The ex-dividend date was Tuesday, March 4th. Eversource Energy's dividend payout ratio is presently 130.30%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ES shares. Jefferies Financial Group dropped their price target 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. StockNews.com lowered shares of Eversource Energy from a "hold" rating to a "sell" rating in a research note on Friday. JPMorgan Chase & Co. restated an "underweight" rating and issued a $58.00 target price (down from $69.00) on shares of Eversource Energy in a report on Thursday, April 10th. Guggenheim restated a "buy" rating on shares of Eversource Energy in a research report on Monday, February 10th. Finally, Barclays lowered their price target on Eversource Energy from $72.00 to $69.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 22nd. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Eversource Energy has a consensus rating of "Hold" and a consensus price target of $65.78.

Insider Buying and Selling

In other Eversource Energy news, VP Jay S. Buth sold 980 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.99, for a total transaction of $61,730.20. Following the completion of the transaction, the vice president now directly owns 24,374 shares in the company, valued at $1,535,318.26. This represents a 3.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Frederica M. Williams sold 3,092 shares of the business's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $62.26, for a total transaction of $192,507.92. Following the completion of the sale, the insider now owns 22,671 shares in the company, valued at $1,411,496.46. This represents a 12.00 % decrease in their position. The disclosure for this sale can be found here. 0.41% of the stock is 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.