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Duff & Phelps Investment Management Co. Raises Position in CenterPoint Energy, Inc. $CNP
Duff & Phelps Investment Management Co. increased its stake in CenterPoint Energy, Inc. (NYSE:CNP) by 3.7% in the third quarter, bringing its total holdings to 3,728,380 shares. Several other institutional investors also adjusted their positions in the utilities provider, with Vanguard Group Inc. holding the largest stake. CenterPoint Energy recently announced an increased quarterly dividend of $0.23 per share, and analysts have a “Hold” rating on the stock with an average target price of $42.55.