Firstenergy Corp (FE) Holder Electron Capital Partners LLC Boosted Position

March 14, 2018 - By Darrin Black

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.08, from 1.21 in 2017Q2. It worsened, as 35 investors sold FE shares while 155 reduced holdings. 54 funds opened positions while 161 raised stakes. 360.52 million shares or 3.08% more from 349.76 million shares in 2017Q2 were reported. Oppenheimer And Com Inc, New York-based fund reported 38,942 shares. Us Bancorporation De stated it has 32,184 shares or 0% of all its holdings. National Bank Of New York Mellon Corp holds 11.39 million shares or 0.1% of its portfolio. Raymond James And Associate invested 0.01% in FirstEnergy Corp. (NYSE:FE). City Hldgs has 5,261 shares for 0.05% of their portfolio. Renaissance Technologies Ltd Llc has invested 0.23% in FirstEnergy Corp. (NYSE:FE). Point72 Asia (Hong Kong) Ltd invested in 77 shares. Tower Rech Ltd Com (Trc) accumulated 1,077 shares. Farmers & Merchants Invests stated it has 203 shares or 0% of all its holdings. Sun Life Finance Inc stated it has 0.06% of its portfolio in FirstEnergy Corp. (NYSE:FE). Blackrock Inc owns 0.08% invested in FirstEnergy Corp. (NYSE:FE) for 51.29 million shares. Oakbrook Invests Llc stated it has 19,275 shares or 0.04% of all its holdings. Goldentree Asset Mngmt LP reported 646,137 shares. Sumitomo Mitsui Asset Ltd holds 0.02% in FirstEnergy Corp. (NYSE:FE) or 33,674 shares. Kennedy Capital Mgmt Inc invested in 0.11% or 194,368 shares.

Jos Shaver increased its stake in Firstenergy Corp (FE) by 75.39% based on its latest 2017Q3 regulatory filing with the SEC. Electron Capital Partners Llc bought 878,732 shares as the company’s stock declined 8.93% while stock markets rallied. The hedge fund run by Jos Shaver held 2.04M shares of the central company at the end of 2017Q3, valued at $63.02M, up from 1.17M at the end of the previous reported quarter. Electron Capital Partners Llc who had been investing in Firstenergy Corp for a number of months, seems to be bullish on the $15.90 billion market cap company. The stock increased 1.36% or $0.45 during the last trading session, reaching $33.44. About 4.60M shares traded. FirstEnergy Corp. (NYSE:FE) has declined 12.70% since March 14, 2017 and is downtrending. It has underperformed by 29.40% the S&P500.

More notable recent FirstEnergy Corp. (NYSE:FE) news were published by: which released: “FirstEnergy Announces Senior Management Changes” on February 20, 2018, also with their article: “FirstEnergy: Steer Clear For Now” published on March 14, 2018, published: “FirstEnergy Confirms FES Bankruptcy” on March 01, 2018. More interesting news about FirstEnergy Corp. (NYSE:FE) were released by: and their article: “FirstEnergy plans minuscule rate cut” published on March 02, 2018 as well as‘s news article titled: “JCP&L Expects to Restore Customers from First Winter Storm by Late Tonight” with publication date: March 10, 2018.

FirstEnergy Corp. (NYSE:FE) Ratings Coverage

Among 20 analysts covering FirstEnergy (NYSE:FE), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. FirstEnergy had 75 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained FirstEnergy Corp. (NYSE:FE) rating on Friday, March 18. Barclays Capital has “Overweight” rating and $38 target. The stock of FirstEnergy Corp. (NYSE:FE) earned “Overweight” rating by Morgan Stanley on Monday, November 13. Goldman Sachs upgraded the shares of FE in report on Tuesday, January 17 to “Neutral” rating. The firm has “Overweight” rating given on Wednesday, December 2 by Barclays Capital. The firm earned “Overweight” rating on Thursday, August 10 by Morgan Stanley. Morgan Stanley maintained it with “Overweight” rating and $35 target in Tuesday, February 13 report. The stock of FirstEnergy Corp. (NYSE:FE) has “Hold” rating given on Thursday, February 1 by RBC Capital Markets. As per Sunday, September 10, the company rating was maintained by RBC Capital Markets. The stock has “Hold” rating by Jefferies on Tuesday, June 20. Evercore upgraded the stock to “Outperform” rating in Monday, August 14 report.

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