Duff & Phelps Boosts Stake in CenterPoint Energy

Duff & Phelps Investment Management Co. has increased its stake in CenterPoint Energy (NYSE:CNP) by 3.7% in Q3, now owning 3,728,380 shares. This move signals the firm’s confidence in CenterPoint Energy’s future growth potential as a utility provider. Duff & Phelps is now the 14th largest institutional investor in CenterPoint Energy, which serves the Houston area and several other states.