Crow Point Partners LLC Holds Stake in Firstenergy Corp (FE)

FirstEnergy Corp. (NYSE:FE) LogoInvestors sentiment increased to 1.26 in 2018 Q2. Its up 0.13, from 1.13 in 2018Q1. It increased, as 34 investors sold FE shares while 146 reduced holdings. 64 funds opened positions while 163 raised stakes. 444.29 million shares or 0.47% more from 442.23 million shares in 2018Q1 were reported. Becker Cap Inc accumulated 1.3% or 1.09M shares. Moneta Group Invest Advsrs Ltd Company owns 33 shares or 0% of their US portfolio. Jet Cap Ltd Partnership reported 1.40 million shares. Two Sigma Limited Liability holds 13,971 shares. Thompson Siegel And Walmsley Ltd Liability Corp stated it has 3.33 million shares or 1.55% of all its holdings. Brookstone Cap Management invested in 0.46% or 148,608 shares. Pggm stated it has 0.24% of its portfolio in FirstEnergy Corp. (NYSE:FE). Louisiana State Employees Retirement Sys holds 26,400 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 0.06% or 15,400 shares in its portfolio. Bowling Port Management Ltd has 0.1% invested in FirstEnergy Corp. (NYSE:FE). British Columbia Mgmt invested 0.09% of its portfolio in FirstEnergy Corp. (NYSE:FE). Sequoia Advsrs Ltd Company accumulated 8,581 shares. Lord Abbett And Ltd Liability Corp reported 1.18M shares. Moreover, Qci Asset Management Incorporated has 0% invested in FirstEnergy Corp. (NYSE:FE) for 216 shares. Hartford Fin Mgmt invested 0% in FirstEnergy Corp. (NYSE:FE).

Crow Point Partners Llc increased its stake in Firstenergy Corp (FE) by 114.29% based on its latest 2018Q2 regulatory filing with the SEC. Crow Point Partners Llc bought 200,000 shares as the company’s stock rose 12.25% with the market. The institutional investor held 375,000 shares of the central company at the end of 2018Q2, valued at $13.57 million, up from 175,000 at the end of the previous reported quarter. Crow Point Partners Llc who had been investing in Firstenergy Corp for a number of months, seems to be bullish on the $20.06 billion market cap company. The stock increased 0.38% or $0.15 during the last trading session, reaching $39.23. About 3.54M shares traded. FirstEnergy Corp. (NYSE:FE) has risen 18.86% since December 8, 2017 and is uptrending. It has outperformed by 3.24% the S&P500.

More notable recent FirstEnergy Corp. (NYSE:FE) news were published by: Seekingalpha.com which released: “Exelon sues FirstEnergy Solutions over delays on $140M asset sale – Seeking Alpha” on November 27, 2018, also Seekingalpha.com with their article: “FirstEnergy Generation to sell Ohio power plant for $144M – Seeking Alpha” published on November 21, 2018, Seekingalpha.com published: “Now That FirstEnergy Increased Their Dividend, Are They An Undervalued Dividend Growth Stock? – Seeking Alpha” on November 15, 2018. More interesting news about FirstEnergy Corp. (NYSE:FE) were released by: Seekingalpha.com and their article: “FirstEnergy declares $0.38 dividend – Seeking Alpha” published on November 09, 2018 as well as Investorplace.com‘s news article titled: “4 Utility Stocks to Protect Against the Market Fallout – Investorplace.com” with publication date: December 05, 2018.

FirstEnergy Corp. (NYSE:FE) Ratings Coverage

Among 6 analysts covering FirstEnergy (NYSE:FE), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. FirstEnergy had 10 analyst reports since June 13, 2018 according to SRatingsIntel. Citigroup maintained FirstEnergy Corp. (NYSE:FE) rating on Wednesday, October 3. Citigroup has “Neutral” rating and $37 target. Morgan Stanley maintained FirstEnergy Corp. (NYSE:FE) on Wednesday, June 13 with “Overweight” rating. The stock of FirstEnergy Corp. (NYSE:FE) has “Overweight” rating given on Monday, July 16 by Morgan Stanley. The firm has “Outperform” rating by Wells Fargo given on Monday, September 17. The firm has “Buy” rating given on Wednesday, August 1 by Bank of America. The stock has “Overweight” rating by Morgan Stanley on Tuesday, September 11. The stock has “Equal-Weight” rating by Barclays Capital on Monday, November 19. Morgan Stanley maintained FirstEnergy Corp. (NYSE:FE) rating on Friday, September 21. Morgan Stanley has “Overweight” rating and $40 target.

FirstEnergy Corp. (NYSE:FE) Institutional Positions Chart

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