Black Hills CorpBKH
Market Cap: $4.16B
About: Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities, Gas Utilities, Corporate and Other segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
Employees: 2,874
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 115
7% more call options, than puts
Call options by funds: $3.5M | Put options by funds: $3.26M
3% less capital invested
Capital invested by funds: $3.29B [Q1] → $3.2B (-$83.6M) [Q2]
2.67% less ownership
Funds ownership: 88.41% [Q1] → 85.74% (-2.67%) [Q2]
4% less funds holding
Funds holding: 389 [Q1] → 372 (-17) [Q2]
35% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 49
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Scotiabank Andrew Weisel 87% 1-year accuracy 20 / 23 met price target | 6%upside $63 | Sector Perform Maintained | 20 Aug 2024 |
Wells Fargo Sarah Akers 100% 1-year accuracy 8 / 8 met price target | 7%upside $64 | Equal-Weight Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 4 articles about BKH published over the past 30 days