Exxonmobil Investment Management Inc. TX lowered its position in NRG Energy Inc (NYSE:NRG) by 12.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,830 shares of the utilities provider’s stock after selling 7,071 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in NRG Energy were worth $1,362,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Sentry Investment Management LLC lifted its position in NRG Energy by 1.1% in the second quarter. Sentry Investment Management LLC now owns 21,736 shares of the utilities provider’s stock valued at $374,000 after purchasing an additional 243 shares during the period. Thrivent Financial For Lutherans lifted its position in NRG Energy by 4.4% in the second quarter. Thrivent Financial For Lutherans now owns 12,070 shares of the utilities provider’s stock valued at $208,000 after purchasing an additional 510 shares during the period. PNC Financial Services Group Inc. lifted its position in NRG Energy by 6.1% in the second quarter. PNC Financial Services Group Inc. now owns 21,991 shares of the utilities provider’s stock valued at $379,000 after purchasing an additional 1,267 shares during the period. Norinchukin Bank The lifted its position in NRG Energy by 6.8% in the second quarter. Norinchukin Bank The now owns 21,935 shares of the utilities provider’s stock valued at $378,000 after purchasing an additional 1,403 shares during the period. Finally, Fieldpoint Private Securities LLC lifted its position in NRG Energy by 29.3% in the third quarter. Fieldpoint Private Securities LLC now owns 8,407 shares of the utilities provider’s stock valued at $215,000 after purchasing an additional 1,907 shares during the period. Hedge funds and other institutional investors own 97.25% of the company’s stock.

In related news, Director Barry T. Smitherman purchased 2,541 shares of NRG Energy stock in a transaction dated Monday, November 6th. The stock was bought at an average cost of $28.38 per share, for a total transaction of $72,113.58. Following the transaction, the director now owns 49,000 shares in the company, valued at $1,390,620. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.31% of the stock is currently owned by company insiders.

Shares of NRG Energy Inc (NYSE NRG) opened at $27.43 on Thursday. NRG Energy Inc has a 12-month low of $14.52 and a 12-month high of $29.78. The company has a debt-to-equity ratio of 4.24, a quick ratio of 1.11 and a current ratio of 1.28. The stock has a market cap of $8,834.31, a P/E ratio of 20.67 and a beta of 1.28.

NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.51). NRG Energy had a negative net margin of 13.48% and a positive return on equity of 8.82%. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the business posted $1.27 earnings per share. NRG Energy’s revenue was down 10.9% on a year-over-year basis. sell-side analysts anticipate that NRG Energy Inc will post 0.56 earnings per share for the current year.

A number of equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of NRG Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. ValuEngine downgraded shares of NRG Energy from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Bank of America assumed coverage on shares of NRG Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $31.00 price objective for the company. Finally, SunTrust Banks restated a “hold” rating and issued a $25.00 price objective on shares of NRG Energy in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $24.67.

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NRG Energy Company Profile

NRG Energy, Inc (NRG) is an integrated power company. The Company is engaged in producing, selling and delivering electricity and related products and services in various markets in the United States. The Company’s segments include Generation, Retail, Renewables, NRG Yield, Inc (NRG Yield) and Corporate activities.

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Institutional Ownership by Quarter for NRG Energy (NYSE:NRG)

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