ValuEngine upgraded shares of Huaneng Power International, Inc. (NYSE:HNP) from a hold rating to a buy rating in a research report report published on Monday morning.

Other equities research analysts have also issued reports about the company. HSBC Holdings plc raised Huaneng Power International from a reduce rating to a hold rating in a research note on Wednesday, June 14th. BidaskClub cut Huaneng Power International from a buy rating to a hold rating in a research report on Tuesday, June 13th. Finally, Zacks Investment Research cut Huaneng Power International from a buy rating to a hold rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold.

Huaneng Power International (HNP) traded up 1.30% during trading on Monday, reaching $25.00. The company had a trading volume of 25,018 shares. The company has a 50-day moving average price of $25.51 and a 200 day moving average price of $27.52. The stock has a market cap of $9.50 billion, a PE ratio of 34.72 and a beta of 0.72. Huaneng Power International has a 52-week low of $23.70 and a 52-week high of $31.85.

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The firm also recently announced a None dividend, which was paid on Friday, September 8th. Stockholders of record on Thursday, June 22nd were given a $1.494 dividend. The ex-dividend date of this dividend was Tuesday, June 20th. Huaneng Power International’s dividend payout ratio (DPR) is presently 171.26%.

Institutional investors have recently modified their holdings of the company. Paloma Partners Management Co acquired a new stake in shares of Huaneng Power International in the first quarter worth $299,000. Morgan Stanley boosted its position in shares of Huaneng Power International by 17.9% in the first quarter. Morgan Stanley now owns 63,246 shares of the utilities provider’s stock worth $1,684,000 after buying an additional 9,605 shares during the period. Stifel Financial Corp acquired a new stake in shares of Huaneng Power International in the first quarter worth $291,000. Bank of Montreal Can boosted its position in shares of Huaneng Power International by 228.9% in the second quarter. Bank of Montreal Can now owns 34,296 shares of the utilities provider’s stock worth $953,000 after buying an additional 23,868 shares during the period. Finally, UBS Group AG boosted its position in shares of Huaneng Power International by 90.2% in the first quarter. UBS Group AG now owns 19,145 shares of the utilities provider’s stock worth $509,000 after buying an additional 9,080 shares during the period. 0.58% of the stock is owned by institutional investors and hedge funds.

Huaneng Power International Company Profile

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