XTX Topco Ltd Sells 35,614 Shares of NRG Energy, Inc. (NYSE:NRG)

XTX Topco Ltd decreased its position in shares of NRG Energy, Inc. (NYSE:NRG - Free Report) by 84.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,680 shares of the utilities provider's stock after selling 35,614 shares during the period. XTX Topco Ltd's holdings in NRG Energy were worth $609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in NRG Energy during the third quarter worth approximately $26,000. Covestor Ltd raised its holdings in NRG Energy by 74.7% during the third quarter. Covestor Ltd now owns 325 shares of the utilities provider's stock worth $30,000 after purchasing an additional 139 shares in the last quarter. Rothschild Investment LLC bought a new stake in NRG Energy during the second quarter worth approximately $32,000. First Horizon Advisors Inc. raised its holdings in NRG Energy by 76.1% during the second quarter. First Horizon Advisors Inc. now owns 442 shares of the utilities provider's stock worth $34,000 after purchasing an additional 191 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new stake in NRG Energy during the third quarter worth approximately $35,000. Institutional investors own 97.72% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Guggenheim boosted their target price on NRG Energy from $77.00 to $118.00 and gave the stock a "buy" rating in a report on Tuesday, October 8th. Citigroup lifted their price target on shares of NRG Energy from $84.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Wells Fargo & Company lifted their price target on shares of NRG Energy from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. Jefferies Financial Group upgraded shares of NRG Energy from a "hold" rating to a "buy" rating and lifted their price target for the stock from $93.00 to $113.00 in a research report on Tuesday, November 26th. Finally, BMO Capital Markets lifted their price target on shares of NRG Energy from $94.00 to $100.00 and gave the stock a "market perform" rating in a research report on Tuesday, November 19th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $102.71.

NRG Energy Stock Down 0.2 %

Shares of NRG stock traded down $0.16 on Friday, hitting $94.98. The company's stock had a trading volume of 1,431,984 shares, compared to its average volume of 3,196,734. The stock has a market capitalization of $19.24 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 1.30 and a beta of 1.12. The company has a debt-to-equity ratio of 5.57, a current ratio of 1.17 and a quick ratio of 1.10. NRG Energy, Inc. has a fifty-two week low of $47.88 and a fifty-two week high of $103.14. The firm's fifty day moving average price is $92.92 and its 200-day moving average price is $84.67.

NRG Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a dividend of $0.4075 per share. This represents a $1.63 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Friday, November 1st. NRG Energy's dividend payout ratio is currently 40.95%.

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.