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Top Guru Held Utilities Companies Led by Exelon

June 03, 2014 | About:
Monica Wolfe

Monica Wolfe

133 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 energy companies which are held by the most gurus. The following five utilities companies are held by the largest number of gurus during the past quarter.

Exelon (EXC)

As of the close of the first quarter there were 15 guru owners of Exelon Corp. During the past quarter there were five gurus buying shares of EXC and there were ten gurus making sells of their stake in the company. These gurus maintain a combined weighting of 6.30%.

The top three guru shareholders of Exelon:

1. Hotchkis & Wiley: 11,003,982 shares, representing 1.28% of the company’s shares outstanding and 1.4% of their total portfolio.

2. Brian Rogers: 7,006,400 shares, representing 0.82% of the company’s shares outstanding and 0.85% of his total portfolio.

3. Charles Brandes (Trades, Portfolio): 4,219,987 shares, representing 0.49% of the company’s shares outstanding and 1.8% 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:

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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:

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Exelon has a market cap of $31.94 billion. Its shares are currently trading at around $37.19 with a P/E ratio of 17.70, a P/S ratio of 1.20 and a P/B ratio of 1.20. The company’s dividend yield is at 3.40%. The company also had an average earnings growth of 0.70% over the past ten years.

Public Service Enterprise Group (PEG)

As of the close of the first quarter there were 12 guru owners of Public Service Enterprise Group. During the past quarter there were five gurus buying shares of PEG and there were seven gurus making sells of their stake in the company. These gurus maintain a combined weighting of 4.07%.

The top three guru shareholders of Public Service Enterprise Group:

1. Hotchkis & Wiley: 14,880,524 shares, representing 1.74% of the company’s shares outstanding and 1.7% of their total portfolio.

2. Brian Rogers: 7,006,400 shares, representing 0.82% of the company’s shares outstanding and 0.69% of his total portfolio.

3. Charles Brandes (Trades, Portfolio): 3,961,316 shares, representing 0.46% of the company’s shares outstanding and 1.3% of the fund’s assets managed.

Public Service Enterprise Group is an integrated generation and energy company. Its main subsidiaries are Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Energy Holdings.

Public Service Enterprise Group’s revenue and net income:

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The analysis on o PSEG reports that the company’s revenue has been in decline for the past five years, its operating margin is expanding and its price is near a 5-year high.

The Peter Lynch Chart shows that the company appears to be overvalued:

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Public Service Enterprise Group has a market cap of $19.82 billion. Its shares are currently trading at around $39.17 with a P/E ratio of 15.00, a P/S ratio of 1.90 and a P/E ratio of 1.50. The company had an annual average earnings growth of 2.6% over the past ten years.

NextEra Energy (NEE)

As of the close of the first quarter there were ten guru owners of NextEra Energy. During the past quarter there were two gurus buying shares of NEE and there were six gurus making sells of their stake in the company. These gurus maintain a combined weighting of 5.53%.

The top three guru shareholders of NextEra Energy:

1. Pioneer Investments (Trades, Portfolio): 736,546 shares, representing 0.17% of the company’s shares outstanding and 0.27% of their total portfolio.

2. Mario Gabelli: 312,332 shares, representing 0.07% of the company’s shares outstanding and 0.16% of his total portfolio.

3. Louis Moor Bacon 175,000 shares, representing 0.04% of the company’s shares outstanding and 0.34% of the fund’s assets managed.

NextEra is a clean energy company. The company’s principal subsidiaries are Florida Power & Light Company, which is one of the largest rate-regulated electric utilities in the U.S., and NextEra Energy Resources which is the largest generator in North America of renewable energy from the wind and sun.

NextEra’s historical revenue and net income:

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

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NextEra Energy has a market cap of $35.58 billion. Its shares are currently trading at around $83.78 with a P/E ratio of 20.60, a P/S ratio of 2.50 and a P/B ratio of 2.10. The company had an annual average earnings growth of 6.90% over the past ten years.

Entergy (ETR)

As of the close of the first quarter there were 10 guru owners of Entergy Corp. During the past quarter there were two gurus buying shares of ENR and there were six gurus making sells of his stake in the company. These gurus maintain a combined weighting of 4.54%.

The top three guru shareholders of Entergy:

1. James Barrow: 10,573,175 shares, representing 5.93% of the company’s shares outstanding and 1% of his total portfolio.

2. Brian Rogers: 3,954,700 shares, representing 2.22% of the company’s shares outstanding and 0.95% of his total portfolio.

3. Richard Pzena (Trades, Portfolio): 3,579,922 shares, representing 2.01% of the company’s shares outstanding and 1.4% 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:

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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:

1401833076397.png

Entergy has a market cap of $13.67 billion. Its shares are currently trading at around $76.22 with a P/E ratio of 14.30, a P/S ratio of 1.10 and a P/B ratio of 1.20. The dividend yield of Entergy stocks is 4.40%. The company had an annual average earnings growth of 5.50% over the past ten years.

Calpine (CPN)

As of the close of the first quarter there were nine guru owners of Calpine Corp. During the past quarter there were three gurus buying shares of CPN and there were eight gurus making sells of their stake in the company. These gurus maintain a combined weighting of 8.73%.

Top three guru shareholders of Calpine:

1. RS Investment Management: 21,028,938 shares, representing 4.79% of the company’s shares outstanding and 2.6% of the fund’s total portfolio.

2. Lee Ainslie (Trades, Portfolio): 11,225,032 shares, representing 2.56% of the company’s shares outstanding and 3.3% of his total portfolio

3. Jim Simons (Trades, Portfolio): 2,662,249 shares, representing 0.61% of the company’s shares outstanding and 0.13% 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:

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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 $9.98 billion. Its shares are currently trading at around $23.58 with a P/E ratio of 85.80, a P/S ratio of 1.50 and a P/B ratio of 2.40. Calpine had an annual average earnings growth of 2.60% over the past five years.

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

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