Natixis Advisors LLC Has $14.86 Million Stock Holdings in NRG Energy, Inc. (NYSE:NRG)

Natixis Advisors LLC increased its holdings in shares of NRG Energy, Inc. (NYSE:NRG - Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 163,131 shares of the utilities provider's stock after purchasing an additional 7,492 shares during the quarter. Natixis Advisors LLC owned approximately 0.08% of NRG Energy worth $14,861,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NRG. O Shaughnessy Asset Management LLC lifted its stake in NRG Energy by 35.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 8,723 shares of the utilities provider's stock valued at $590,000 after buying an additional 2,304 shares during the last quarter. UniSuper Management Pty Ltd grew its holdings in NRG Energy by 492.6% during the first quarter. UniSuper Management Pty Ltd now owns 17,719 shares of the utilities provider's stock worth $1,199,000 after acquiring an additional 14,729 shares during the period. Bessemer Group Inc. grew its holdings in NRG Energy by 1.3% during the first quarter. Bessemer Group Inc. now owns 25,818 shares of the utilities provider's stock worth $1,747,000 after acquiring an additional 320 shares during the period. Crewe Advisors LLC purchased a new stake in NRG Energy during the first quarter worth $36,000. Finally, Quadrature Capital Ltd boosted its position in NRG Energy by 148.6% during the first quarter. Quadrature Capital Ltd now owns 21,814 shares of the utilities provider's stock worth $1,477,000 after purchasing an additional 13,040 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company's stock.

Insider Buying and Selling at NRG Energy

In other NRG Energy news, insider Rasesh M. Patel sold 102,603 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $80.35, for a total transaction of $8,244,151.05. Following the transaction, the insider now owns 163,680 shares of the company's stock, valued at $13,151,688. This trade represents a 38.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.86% of the stock is owned by insiders.

NRG Energy Stock Down 0.7 %

Shares of NRG stock traded down $0.71 during trading hours on Wednesday, reaching $94.15. The company had a trading volume of 963,978 shares, compared to its average volume of 3,259,120. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17. NRG Energy, Inc. has a twelve month low of $44.90 and a twelve month high of $102.84. The company has a market capitalization of $19.07 billion, a P/E ratio of 23.83, a price-to-earnings-growth ratio of 1.34 and a beta of 1.10. The stock's fifty day simple moving average is $89.14 and its 200 day simple moving average is $82.76.

NRG Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were paid a $0.4075 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 1.73%. NRG Energy's dividend payout ratio (DPR) is currently 40.95%.

Analyst Ratings Changes

Several brokerages have recently issued reports on NRG. BMO Capital Markets upped their price objective on NRG Energy from $94.00 to $100.00 and gave the company a "market perform" rating in a research report on Tuesday. Citigroup increased their target price on NRG Energy from $84.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Guggenheim increased their target price on NRG Energy from $77.00 to $118.00 and gave the stock a "buy" rating in a research report on Tuesday, October 8th. StockNews.com downgraded NRG Energy from a "buy" rating to a "hold" rating in a research report on Monday, September 2nd. Finally, Jefferies Financial Group assumed coverage on NRG Energy in a research report on Friday, September 13th. They set a "hold" rating and a $82.00 target price on the stock. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, NRG Energy presently has an average rating of "Hold" and a consensus target price of $98.29.

NRG Energy Company Profile

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.