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Nokota Management LP Has Increased Bank Amer (Call) (BAC) Position By $64.40 Million; Entergy (ETR) Has 1.2 Sentiment

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Nokota Management Lp increased Bank Amer Corp (Call) (BAC) stake by 115% reported in 2018Q2 SEC filing. Nokota Management Lp acquired 2.30 million shares as Bank Amer Corp (Call) (BAC)’s stock rose 1.98%. The Nokota Management Lp holds 4.30 million shares with $121.22 million value, up from 2.00 million last quarter. Bank Amer Corp (Call) now has $257.92 billion valuation. The stock decreased 2.09% or $0.56 during the last trading session, reaching $26.28. About 133.07M shares traded or 110.57% up from the average. Bank of America Corporation (NYSE:BAC) has risen 27.06% since December 6, 2017 and is uptrending. It has outperformed by 11.44% the S&P500. Some Historical BAC News: 10/05/2018 – The use of bitcoin and other cryptocurrencies as a payments system is “troubling,” Bank of America’s Cathy Bessant says; 03/05/2018 – West Pharma Presenting at Bank of America Conference May 15; 21/03/2018 – The Paypers: Bank of America expands mobile wallet options; 24/05/2018 – Yelp Presenting at Bank of America Conference Jun 6; 27/04/2018 – S&PGR Afrms Bank Of America N.A. Srvcr Rnkngs, Outlooks Stable; 10/05/2018 – Rhythm Pharmaceuticals at Bank of America Conference May 17; 11/05/2018 – Weekly fund flows data exposes emerging market ‘cracks’ -BAML; 01/05/2018 – Hawaiian Holdings at Bank of America Conference May 15; 14/05/2018 – Icon Presenting at Bank of America Conference Tomorrow; 08/03/2018 – SEC: Merrill Lynch Charged With Gatekeeping Failures in the Unregistered Sales of Securities

Entergy Corp (ETR) investors sentiment increased to 1.2 in Q2 2018. It’s up 0.24, from 0.96 in 2018Q1. The ratio is better, as 221 hedge funds increased or started new holdings, while 184 sold and trimmed stock positions in Entergy Corp. The hedge funds in our database now hold: 157.30 million shares, up from 146.60 million shares in 2018Q1. Also, the number of hedge funds holding Entergy Corp in top ten holdings increased from 2 to 5 for an increase of 3. Sold All: 35 Reduced: 149 Increased: 168 New Position: 53.

Analysts await Entergy Corporation (NYSE:ETR) to report earnings on February, 22. They expect $0.55 EPS, down 27.63% or $0.21 from last year’s $0.76 per share. ETR’s profit will be $99.63 million for 40.00 P/E if the $0.55 EPS becomes a reality. After $3.77 actual EPS reported by Entergy Corporation for the previous quarter, Wall Street now forecasts -85.41% negative EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 9 sales for $10.83 million activity.

Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States. The company has market cap of $15.94 billion. It operates through two divisions, Utility and Entergy Wholesale Commodities. It has a 36.74 P/E ratio. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and distributes natural gas.

Luminus Management Llc holds 2.53% of its portfolio in Entergy Corporation for 1.37 million shares. Hgk Asset Management Inc owns 129,287 shares or 1.95% of their US portfolio. Moreover, Gideon Capital Advisors Inc. has 1.82% invested in the company for 45,104 shares. The Massachusetts-based Crow Point Partners Llc has invested 1.74% in the stock. Rench Wealth Management Inc., a Texas-based fund reported 29,344 shares.

More recent Entergy Corporation (NYSE:ETR) news were published by: Investorplace.com which released: “4 Utility Stocks to Protect Against the Market Fallout – Investorplace.com” on December 05, 2018. Also Investorplace.com published the news titled: “7 High-Yield Safety Stocks to Buy for 2019 – Investorplace.com” on November 20, 2018. Nasdaq.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind Entergy, BLACKLINE INC, HollyFrontier, Hill-Rom, Apache, and Halozyme Therapeutics — New Horizons, Emerging Trends, and Upcoming Developments – Nasdaq” with publication date: November 08, 2018 was also an interesting one.

The stock decreased 1.11% or $0.99 during the last trading session, reaching $87.99. About 1.73 million shares traded or 23.56% up from the average. Entergy Corporation (ETR) has risen 6.33% since December 6, 2017 and is uptrending. It has underperformed by 9.29% the S&P500. Some Historical ETR News: 26/03/2018 – ENTERGY PALISADES NUCLEAR PLANT IN MICHIGAN CLOSED FOR REPAIRS; 25/04/2018 – Entergy 1Q Net $133M; 03/05/2018 – S&P REVISES ENTERGY LOUISIANA CAPITAL l OUTLOOK TO ‘STABLE’ FROM ‘POSITIVE’; RATING ‘BBB+’; 16/05/2018 – DEEP ECO: Entergy May Face Pressure, Industry Falls in April; 04/05/2018 – ENTERGY RAISES PILGRIM 1 REACTOR TO 76% POWER FROM 1%: NRC; 03/05/2018 – S&P REVISES ENTERGY NEW ORLEANS LLC OUTLOOK TO ‘STABLE’ FROM ‘POSITIVE’; RATING ‘BBB+’; 15/05/2018 – S&PGR Afrms Entergy New Orleans Storm Recovery Fndg I LLC Rtg; 29/05/2018 – ENTERGY RAISES ARKANSAS NUCLEAR 1 TO 69% FROM 37% FRIDAY: NRC; 25/04/2018 – ENTERGY CORP – COMPANY AFFIRMS 2018 GUIDANCE; 05/04/2018 – Federal Register: In the Matter of Entergy Nuclear Operations, Inc. and Entergy Operations, Inc.; Arkansas Nuclear One, Grand

Nokota Management Lp decreased Micron Technology Inc (NASDAQ:MU) stake by 774,227 shares to 1.73M valued at $90.50M in 2018Q2. It also reduced Spdr Series Trust (KRE) stake by 4.46M shares and now owns 438,285 shares. Williams Cos Inc Del (NYSE:WMB) was reduced too.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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