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Capital Research and Geode Increase CenterPoint Energy Stake

CenterPoint Energy logoCenterPoint Energy
Sig1.57Sen+1.62Env0.00Soc0.00Gov0.00

Capital Research Global Investors raised its stake in CenterPoint Energy by 1.1% in the 4th quarter, adding 235,346 shares to 20,941,909. Geode Capital Management also increased holdings by 166,305 shares to 17,023,720. CenterPoint reported $0.40 EPS for the quarter, above the $0.37 consensus. Analyst targets were adjusted to $47 and $49 with outperform ratings.

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