Just Energy Group, Inc. (JE) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can decreased its position in shares of Just Energy Group, Inc. (NYSE:JE) (TSE:JE) by 0.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 19,973 shares of the utilities provider’s stock after selling 94 shares during the period. Great West Life Assurance Co. Can’s holdings in Just Energy Group were worth $104,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of JE. Wells Fargo & Company MN grew its holdings in shares of Just Energy Group by 86.2% during the 1st quarter. Wells Fargo & Company MN now owns 32,982 shares of the utilities provider’s stock worth $206,000 after acquiring an additional 15,273 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Just Energy Group by 289.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,748 shares of the utilities provider’s stock worth $136,000 after acquiring an additional 16,166 shares during the period. Parametric Portfolio Associates LLC purchased a new position in shares of Just Energy Group during the 1st quarter worth approximately $166,000. JPMorgan Chase & Co. purchased a new position in shares of Just Energy Group during the 1st quarter worth approximately $174,000. Finally, Mckinley Capital Management LLC Delaware grew its holdings in shares of Just Energy Group by 221.8% during the 1st quarter. Mckinley Capital Management LLC Delaware now owns 306,859 shares of the utilities provider’s stock worth $2,562,000 after acquiring an additional 211,489 shares during the period. Hedge funds and other institutional investors own 29.19% of the company’s stock.

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A number of research firms have weighed in on JE. BidaskClub upgraded Just Energy Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Zacks Investment Research upgraded Just Energy Group from a “hold” rating to a “buy” rating and set a $5.75 price target on the stock in a research note on Tuesday, August 15th. HC Wainwright set a $10.00 price target on Just Energy Group and gave the stock a “buy” rating in a research note on Friday, August 11th. ValuEngine upgraded Just Energy Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Finally, FBR & Co restated a “buy” rating and issued a $7.50 price target on shares of Just Energy Group in a research note on Wednesday, June 14th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $8.29.

Shares of Just Energy Group, Inc. (JE) opened at 5.60 on Wednesday. The company has a 50 day moving average price of $5.57 and a 200 day moving average price of $5.65. The stock has a market cap of $822.04 million, a P/E ratio of 15.05 and a beta of 1.04. Just Energy Group, Inc. has a 1-year low of $4.83 and a 1-year high of $6.35.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a $0.0999 dividend. This is an increase from Just Energy Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.40 dividend on an annualized basis and a yield of 7.14%. Just Energy Group’s payout ratio is 800.00%.

Just Energy Group Profile

Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

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Institutional Ownership by Quarter for Just Energy Group (NYSE:JE)

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