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Capital Research Global Investors Sells 623,221 Shares of CenterPoint Energy, Inc. $CNP
Capital Research Global Investors reduced its stake in CenterPoint Energy, Inc. (NYSE:CNP) by 2.9% during the third quarter, selling 623,221 shares and now owning over 20.7 million shares valued at $803.4 million. Other institutional investors also adjusted their positions in the utilities provider. The article also covers CenterPoint Energy’s recent financial performance, dividend increase, and analyst ratings, with the stock maintaining an average “Hold” rating.