Northeast Utilities System VP Jay S. Buth Sells 6,150 Shares (NU)
Northeast Utilities System (NYSE:NU) VP Jay S. Buth sold 6,150 shares of Northeast Utilities System stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $45.71, for a total transaction of $281,116.50. Following the completion of the sale, the vice president now directly owns 7,554 shares in the company, valued at approximately $345,293. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Northeast Utilities System (NYSE:NU) traded up 0.22% on Thursday, hitting $45.86. The stock had a trading volume of 1,220,884 shares. Northeast Utilities System has a 52 week low of $40.01 and a 52 week high of $47.60. The stock has a 50-day moving average of $44.63 and a 200-day moving average of $45.22. The company has a market cap of $14.509 billion and a price-to-earnings ratio of 19.25.
Northeast Utilities System (NYSE:NU) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Analysts expect that Northeast Utilities System will post $2.69 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.3925 per share. This represents a $1.57 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Thursday, September 11th.
Northeast Utilities (NYSE:NU) is a public utility holding company.
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