GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Top 5 Guru-Held Utilities Companies

September 20, 2013 | About:
Monica Wolfe

Monica Wolfe

121 followers
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which utilities companies are held by the most gurus. As of the second quarter, the following five utilities companies are held by the largest number of gurus.

NRG Energy (NRG)

As of the close of the second quarter there were 12 guru owners of NRG Energy. During the past quarter there were six gurus buying shares of NRG and there were seven gurus making sells of their stake in the company. These gurus maintain a combined weighting of 11.78%.

The top three guru shareholders of NRG Energy:

1. Hotchkis & Wiley: 14,246,987 shares, representing 4.41% of the company’s shares outstanding and 1.9% of the fund’s total portfolio.

2. Richard Perry: 6,696,138 shares, representing 2.07% of the company’s shares outstanding and 4.6% of his total portfolio.

3. NWQ Managers: 4,587,242 shares, representing 1.42% of the company’s shares outstanding and 1.1% of the fund’s total assets managed.

The company is a wholesale power generation and retail electricity company which produces and delivers energy and energy services in major competitive power markets in the U.S.

NRG Energy’s historical revenue and net income:

The company recently announced that it had launched new retail business called NRG Residential Solutions. It is a new retail energy business that allows customers to customize their electricity plan based on their own personal needs.

The Peter Lynch Chart suggests that the company is currently overvalued:

1379704777712.png

NRG Energy has a market cap of $8.91 billion. Its shares are currently trading at around $27.60 with a P/E ratio of 25.20, a P/S ratio of 0.80 and a P/B ratio of 0.90.

Exelon Corp. (EXC)

As of the close of the second quarter there were 12 guru owners of Exelon Corp. During the past quarter there were five gurus buying shares of EXC and there were six gurus making sells of their stake in the company. These gurus maintain a combined weighting of 6.06%.

The top three guru shareholders of Exelon:

1. Hotchkis & Wiley: 14,208,753 shares, representing 1.66% of the company’s shares outstanding and 2.2% of their total portfolio.

2. Brian Rogers: 7,006,400 shares, representing 0.82% of the company’s shares outstanding and 0.86% of his total portfolio.

3. Manning & Napier: 4,594,270 shares, representing 0.54% of the company’s shares outstanding and 0.75% of the fund’s assets managed.

Exelon Corporation, a public utility holding company, operates through its principal subsidiaries: ComEd, PECO and Generation. The company is the nation’s leading competitive energy, with 2012 revenues of about $23.5 billion.

Exelon’s historical revenue and net income:

1379705332433.png

The analysis on Exelon reports that the company’s dividend yield is at a 1-year low, they have issued $1.2 billion of debt over the past three years, its price is nearing a 10-year low and its P/B and P/S ratios are also nearing 10-year lows.

The Peter Lynch Chart suggests that Exelon is currently overvalued:

1379705433396.png

Exelon has a market cap of $25.93 billion. Its shares are currently trading at around $30.27 with a P/E ratio of 22.50, a P/S ratio of 1.00 and a P/B ratio of 1.20. The company’s dividend yield is at 5.50%. The company also had an average earnings growth of 4.8% over the past ten years.

American Electric Power (AEP)

As of the close of the second quarter there were 10 guru owners of American Electric Power. During the past quarter there were six gurus buying shares of AEP and there were two gurus making sells of their stake in the company. These gurus maintain a combined weighting of 0.97%.

The top three guru shareholders of American Electric Power:

1. Pioneer Investments: 2,290,247 shares, representing 0.47% of the company’s shares outstanding and 0.43% of his total portfolio.

2. Jim Simons: 1,033,300 shares, representing 0.21% of the company’s shares outstanding and 0.12% of his total portfolio.

3. John Hussman: 100,000 shares, representing 0.02% of the company’s shares outstanding and 0.2% of Hussman’s assets managed.

American Electric Power is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The service areas of the Company's public utility subsidiaries cover portions of eleven states.

American Electric Power’s historical revenue and net income:

1379706012296.png

The company recently announced that it would be retiring its entire Tanners Creek Plant in Indiana. They also announced that their CFO would be addressing their investors at the Barclays Capital Conference. You can read about more recent happenings at American Electric Power here.

The Peter Lynch Chart suggests that the company is currently overvalued:

1379707327730.png

American Electric Power has a market cap of $21.29 billion. Its shares are currently trading at around $43.73 with a P/E ratio of 17.50, a P/S ratio of 1.40 and a P/B ratio of 1.40. The dividend yield of American Electric Power stocks is 4.30%. The company had an annual average earnings growth of 1.9% over the past ten years.

Calpine Corp. (CPN)

As of the close of the second quarter there were 9 guru owners of Calpine Corp. During the past quarter there were four gurus buying shares of CPN and there were five gurus making sells of their stake in the company. These gurus maintain a combined weighting of 10.52%.

Top three guru shareholders of Calpine:

1. RS Investment Management: 21,154,942 shares, representing 4.82% of the company’s shares outstanding and 3.3% of the fund’s total portfolio.

2. Larry Robbins: 6,145,659 shares, representing 1.4% of the company’s shares outstanding and 1.2% of his total portfolio.

3. Richard Perry: 3,386,423 shares, representing 0.77% of the company’s shares outstanding and 1.8% of his total portfolio.

Calpine is an independent wholesale power generation company which owns and operates natural gas-fired and geothermal power plants in North America. The Company sells wholesale power, renewable energy credits and ancillary services to its customers, including industrial companies, retail power providers, independent electric system operators, marketers and others.

Calpine’s historical revenue and net income:

1379707769963.png

The company recently announced that they have begun commercial operations in two new Calpine power plants in California.

The analysis on Calpine reports that the company’s revenue has been in decline for the past five years, its operating margin is expanding and its P/S ratio is nearing a 1-year low.

Calpine has a market cap of $8.56 billion. Its shares are currently trading at around $19.51 with a P/E ratio of 26.20, a P/S ratio of 1.40 and a P/B ratio of 2.40.

Entergy Corp. (ETR)

As of the close of the second quarter there were nine guru owners of Entergy Corp. During the past quarter there were two gurus buying shares of ENR and there were five gurus making sells of their stake in the company. These gurus maintain a combined weighting of 5.97%.

The top three guru shareholders of Entergy:

1. James Barrow: 10,302,465 shares, representing 5.78% of the company’s shares outstanding and 1.2% of his total portfolio.

2. Richard Pzena: 4,027,053 shares, representing 2.26% of the company’s shares outstanding and 1.9% of his total portfolio.

3. Brian Rogers: 3,854,700 shares, representing 2.16% of the company’s shares outstanding and 1.1% of his total portfolio.

Entergy Corporation is an integrated energy Company engaged primarily in electric power production and retail electric distribution operations. Entergy delivers electricity to 2.6 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The Company operates primarily through two business segments: U.S. Utility and Non-Utility Nuclear. U.S.

Entergy’s historical revenue and net income:

1379708781307.png

The company was recently named to the Dow Jones World and North America Sustainability Indices.

The analysis on Entergy reports that the company has issued $1.8 billion of debt over the past three years, the dividend yield is near a 10-year high and the company’s operating income has been at a loss for the past three years.

The Peter Lynch Chart suggests that the company is currently undervalued:

1379709113367.png

Entergy has a market cap of $11.34 billion. Its shares are currently trading at around $63.59 with a P/E ratio of 11.80, a P/S ratio of 1.10 and a P/B ratio of 1.20. The dividend yield of Entergy stocks is 5.20%. The company had an annual average earnings growth of 7.8%over the past ten years.

You can check out other top held sectors of the market by using the Aggregated Screener here.

Try a free 7-day premium membership.


Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide