Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Shares Down 0.3% – Time to Sell?

Posted by Michael Walen on Dec 28th, 2024

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE – Get Free Report)’s share price traded down 0.3% on Friday . The stock traded as low as $22.22 and last traded at $22.25. 19,773 shares traded hands during trading, an increase of 15% from the average session volume of 17,257 shares. The stock had previously closed at $22.31.

Tennessee Valley Authority PARRS A 2029 Stock Down 0.3 %

The stock’s fifty day moving average price is $22.44 and its 200-day moving average price is $22.38.

Tennessee Valley Authority PARRS A 2029 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 31st will be paid a dividend of $0.1385 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.55 annualized dividend and a dividend yield of 2.49%.

Institutional Investors Weigh In On Tennessee Valley Authority PARRS A 2029

An institutional investor recently raised its position in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC grew its stake in shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE – Free Report) by 30.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,791 shares of the company’s stock after acquiring an additional 9,550 shares during the period. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $899,000 at the end of the most recent quarter.

Tennessee Valley Authority PARRS A 2029 Company Profile

(Get Free Report)

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system.