CenterPoint Energy Shares Rise on Increased HSBC Stake and Analyst Views
HSBC Holdings PLC increased its CenterPoint Energy stake by 11.4% in the second quarter, adding 113,888 shares. Empowered Funds LLC also opened a position worth about $1.56M. CenterPoint’s annualized dividend is $0.96, implying a 2.4% yield, alongside bullish analyst outlooks and an EPS forecast of 1.91 for the year.