Oregon Public Employees Retirement Fund Has Trimmed Its Centerpoint Energy (CNP) Position; Lincluden Management LTD Raised By $46.18 Million Its Enbridge (ENB) Holding

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Oregon Public Employees Retirement Fund decreased Centerpoint Energy Inc (CNP) stake by 62.6% reported in 2017Q4 SEC filing. Oregon Public Employees Retirement Fund sold 77,393 shares as Centerpoint Energy Inc (CNP)’s stock declined 3.49%. The Oregon Public Employees Retirement Fund holds 46,237 shares with $1.31M value, down from 123,630 last quarter. Centerpoint Energy Inc now has $11.68 billion valuation. The stock increased 1.50% or $0.4 during the last trading session, reaching $27.07. About 3.12 million shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has declined 2.17% since April 17, 2017 and is downtrending. It has underperformed by 13.72% the S&P500.

Lincluden Management Ltd increased Enbridge Inc. (ENB) stake by 735.32% reported in 2017Q4 SEC filing. Lincluden Management Ltd acquired 982,455 shares as Enbridge Inc. (ENB)’s stock declined 21.20%. The Lincluden Management Ltd holds 1.12 million shares with $52.87M value, up from 133,610 last quarter. Enbridge Inc. now has $53.41 billion valuation. The stock increased 1.65% or $0.53 during the last trading session, reaching $32.59. About 2.07M shares traded. Enbridge Inc. (NYSE:ENB) has declined 26.13% since April 17, 2017 and is downtrending. It has underperformed by 37.68% the S&P500.

Since January 2, 2018, it had 0 insider buys, and 5 selling transactions for $1.37 million activity. Prochazka Scott M sold $27,910 worth of CenterPoint Energy, Inc. (NYSE:CNP) on Thursday, February 1. Shares for $1.18 million were sold by CARROLL MILTON.

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.08, from 1.12 in 2017Q3. It turned negative, as 24 investors sold CNP shares while 166 reduced holdings. 48 funds opened positions while 149 raised stakes. 316.82 million shares or 2.20% less from 323.95 million shares in 2017Q3 were reported. Eagle Asset Management reported 118,271 shares. Koch Indus has 0.06% invested in CenterPoint Energy, Inc. (NYSE:CNP) for 13,424 shares. Comm Bankshares invested in 0.01% or 13,988 shares. Carroll Assocs reported 0% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Meiji Yasuda Asset Management Limited holds 0.16% or 59,388 shares. Nomura Asset Communications holds 65,897 shares or 0.02% of its portfolio. Delaware-based Tiverton Asset Management Ltd Liability Co has invested 0.01% in CenterPoint Energy, Inc. (NYSE:CNP). 83,884 are owned by Pub Employees Retirement Association Of Colorado. Moreover, Stephens Ar has 0.01% invested in CenterPoint Energy, Inc. (NYSE:CNP) for 8,085 shares. Laurion Cap Management Limited Partnership owns 73,000 shares. Teachers Retirement Of The State Of Kentucky has 50,562 shares. Wells Fargo & Mn holds 4.24 million shares or 0.03% of its portfolio. Moreover, Tower Rech Capital Ltd (Trc) has 0.01% invested in CenterPoint Energy, Inc. (NYSE:CNP) for 3,453 shares. Commerzbank Aktiengesellschaft Fi accumulated 18,504 shares. Crow Point Prtnrs Ltd Limited Liability Company stated it has 1.34% in CenterPoint Energy, Inc. (NYSE:CNP).

Analysts await CenterPoint Energy, Inc. (NYSE:CNP) to report earnings on May, 4 before the open. They expect $0.42 earnings per share, up 13.51% or $0.05 from last year’s $0.37 per share. CNP’s profit will be $181.22 million for 16.11 P/E if the $0.42 EPS becomes a reality. After $0.33 actual earnings per share reported by CenterPoint Energy, Inc. for the previous quarter, Wall Street now forecasts 27.27% EPS growth.

Oregon Public Employees Retirement Fund increased Garmin Ltd (NASDAQ:GRMN) stake by 16,742 shares to 28,875 valued at $1.72 million in 2017Q4. It also upped Fedex Corp (NYSE:FDX) stake by 21,678 shares and now owns 82,292 shares. International Paper Co (NYSE:IP) was raised too.

Among 14 analysts covering CenterPoint (NYSE:CNP), 1 have Buy rating, 1 Sell and 12 Hold. Therefore 7% are positive. CenterPoint has $30 highest and $17 lowest target. $25.50’s average target is -5.80% below currents $27.07 stock price. CenterPoint had 38 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Goldman Sachs on Monday, May 9. On Thursday, June 29 the stock rating was reinitiated by JP Morgan with “Neutral”. The firm has “Neutral” rating by SunTrust given on Monday, September 26. The company was maintained on Monday, March 19 by SunTrust. SunTrust maintained the shares of CNP in report on Monday, April 16 with “Hold” rating. The stock of CenterPoint Energy, Inc. (NYSE:CNP) has “Hold” rating given on Friday, February 23 by SunTrust. The firm earned “Neutral” rating on Monday, December 4 by Guggenheim. As per Tuesday, August 11, the company rating was maintained by Deutsche Bank. On Monday, April 2 the stock rating was maintained by SunTrust with “Hold”. As per Thursday, March 16, the company rating was downgraded by RBC Capital Markets.

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