NWQ Investment Management Company LLC Acquires Shares of 2284829 FirstEnergy Corporation (FE)

The institutional investor owned 71,237 shares of the utilities provider's stock after selling 39,061 shares during the period. Ffcm LLC's holdings in FirstEnergy Corp. were worth $509,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the stock. Patriot Financial Group Insurance Agency LLC lifted its stake in FirstEnergy by 22.1% in the second quarter. The hedge fund run by Jonathan Barrett held 8.82M shares of the central company at the end of 2017Q2, valued at $257.25 million, up from 212,500 at the end of the previous reported quarter. Strs Ohio grew its stake in shares of FirstEnergy by 11.3% during the second quarter. Sandy Spring Bank now owns 5,141 shares of the utilities provider's stock worth $150,000 after purchasing an additional 66 shares during the last quarter. US Bancorp DE grew its stake in shares of FirstEnergy by 15.1% during the second quarter. United Services Automobile Association now owns 139,956 shares of the utilities provider's stock valued at $4,630,000 after buying an additional 8,584 shares during the period. The Bluecrest Capital Management Ltd holds 65,255 shares with $1.90M value, down from 148,362 last quarter. Accurate Investment Solutions Inc. now owns 5,493 shares of the utilities provider's stock worth $170,000 after purchasing an additional 4,860 shares during the last quarter. Finally, Deutsche Bank raised shares of FirstEnergy from a "hold" rating to a "buy" rating in a report on Tuesday, October 17th. Thompson Siegel & Walmsley LLC now owns 6,071,635 shares of the utilities provider's stock worth $177,049,000 after buying an additional 1,148,955 shares in the last quarter.

Jefferies Group Boosts Copart (NASDAQ:CPRT) Price Target to $40.00
The total amount of shares outstanding is 225.78 million, giving the company a market capitalization of about 9.83 billion. Shares of Copart ( NASDAQ CPRT ) traded down $0.13 during mid-day trading on Wednesday, reaching $43.39.

Shares of FirstEnergy Corporation (NYSE:FE) traded down $0.23 during trading hours on Wednesday, reaching $32.35. 5,046,000 shares of the stock traded hands, compared to its average volume of 4,266,064. The company has a current ratio of 0.69, a quick ratio of 0.56 and a debt-to-equity ratio of 3.29. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $14.29B. Regions Fincl Corporation has invested 0% in FirstEnergy Corp.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Thursday, October 26th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.86 by $0.11. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.72 billion. FirstEnergy had a positive return on equity of 19.29% and a negative net margin of 35.99%. The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Tuesday, November 7th were issued a $0.36 dividend. Blackrock Inc. owns $1.73 billion in FirstEnergy Corp., which represents roughly 12.12% of the company's market cap and approximately 13.95% of the institutional ownership. (NYSE:FE) were released by: Post-Gazette.com and their article: "Injured workers, widows sue FirstEnergy over fatal power plant incident" published on November 17, 2017 as well as Prnewswire.com's news article titled: "FirstEnergy's Ohio Utilities File Proposal to Modernize Electric System and ..." with publication date: December 01, 2017. FirstEnergy's dividend payout ratio (DPR) is presently -12.31%.

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A number of analysts have weighed in on FE shares. Morgan Stanley boosted their price objective on FirstEnergy from $39.00 to $40.00 and gave the stock an "overweight" rating in a research note on Friday, September 8th. They issued a "neutral" rating and a $34.00 price objective on the stock. Zacks Investment Research cut FirstEnergy from a "buy" rating to a "hold" rating in a research note on Tuesday, September 26th. Mizuho restated a "hold" rating and set a $30.50 price target on shares of FirstEnergy in a research note on Tuesday, October 24th.

Institutional investors now hold around $12.41 billion or 84.2% in FE stock. The company has an average rating of "Hold" and an average price target of $34.39.

BBC announces 'fake news scheme' at Children's Media Summit
Those sessions will be led by BBC journalists including Kamal Ahmed, Tina Daheley, Amol Rajan, and Huw Edwards, taking place in classrooms and online.

WARNING: This piece was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another website, it was copied illegally and reposted in violation of USA and global copyright and trademark legislation. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2017/12/06/firstenergy-corporation-fe-holdings-trimmed-by-financial-counselors-inc.html. Advisory Svcs Network Limited holds 0.01% of its portfolio in FirstEnergy Corp.

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