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Bank of Hawaii and Renaissance Technologies LLC boosted holdings in FirstEnergy, despite its earnings falling short.
Bank of Hawaii and Renaissance Technologies LLC increased their holdings in FirstEnergy Corp., a utility company that generates and distributes electricity.
FirstEnergy's recent earnings report missed analyst expectations, with earnings per share of $0.67, lower than the expected $0.70.
The company's market cap is $22.76 billion, with a P/E ratio of 25.46.
Despite the earnings miss, FirstEnergy announced a quarterly dividend increase to $0.445 per share.
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Bank of Hawaii y Renaissance Technologies LLC impulsaron las participaciones en FirstEnergy, a pesar de que sus ganancias fueron insuficientes.