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Martin Capital Partners LLC Lowers Position in Entergy Corporation $ETR
Martin Capital Partners LLC significantly reduced its stake in Entergy Corporation by 30.6% in the fourth quarter, selling over 21,000 shares. Despite this, institutional investors collectively own 88.07% of Entergy, and analysts maintain a “Moderate Buy” rating for the stock with a consensus target price of $107.17, while the company reported Q4 EPS of $0.51 and declared a quarterly dividend of $0.64.