IFM Investors Pty Ltd boosted its stake in shares of NRG Energy, Inc. (NYSE:NRG – Get Rating) by 29.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,387 shares of the utilities provider's stock after acquiring an additional 8,838 shares during the quarter. IFM Investors Pty Ltd's holdings in NRG Energy were worth $1,473,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NRG. Commonwealth Equity Services LLC increased its stake in NRG Energy by 12.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 25,135 shares of the utilities provider's stock worth $1,082,000 after acquiring an additional 2,711 shares during the last quarter. Xponance Inc. increased its stake in NRG Energy by 11.6% during the fourth quarter. Xponance Inc. now owns 27,028 shares of the utilities provider's stock worth $1,164,000 after acquiring an additional 2,809 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in NRG Energy by 13.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 53,005 shares of the utilities provider's stock worth $2,283,000 after acquiring an additional 6,200 shares during the last quarter. Fifth Third Bancorp increased its stake in NRG Energy by 13.0% during the fourth quarter. Fifth Third Bancorp now owns 3,991 shares of the utilities provider's stock worth $172,000 after acquiring an additional 460 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in NRG Energy by 16.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 19,146 shares of the utilities provider's stock worth $825,000 after acquiring an additional 2,728 shares during the last quarter. 97.43% of the stock is owned by institutional investors.

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Analyst Ratings Changes

NRG has been the topic of several analyst reports. Bank of America cut NRG Energy from a "neutral" rating to an "underperform" rating and reduced their price objective for the stock from $43.00 to $42.00 in a research note on Tuesday, June 7th. Morgan Stanley upped their target price on NRG Energy from $44.00 to $46.00 and gave the company an "overweight" rating in a research note on Thursday, July 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, NRG Energy has a consensus rating of "Hold" and a consensus price target of $43.00.

NRG Energy Trading Down 1.7 %

NRG opened at $38.46 on Friday. NRG Energy, Inc. has a one year low of $34.70 and a one year high of $47.82. The stock has a market cap of $9.13 billion, a price-to-earnings ratio of 2.71, a P/E/G ratio of 0.46 and a beta of 0.88. The stock's 50 day moving average price is $39.06 and its 200-day moving average price is $39.31. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.35 and a current ratio of 1.29.

NRG Energy (NYSE:NRG – Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The utilities provider reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $1.36. NRG Energy had a return on equity of 33.75% and a net margin of 11.93%. The company had revenue of $7.28 billion for the quarter, compared to analysts' expectations of $5.27 billion. During the same quarter in the prior year, the firm earned $1.20 earnings per share. NRG Energy's revenue was up 38.9% compared to the same quarter last year. On average, equities analysts forecast that NRG Energy, Inc. will post 6.17 EPS for the current year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, August 1st will be paid a $0.35 dividend. The ex-dividend date is Friday, July 29th. This represents a $1.40 annualized dividend and a yield of 3.64%. NRG Energy's dividend payout ratio (DPR) is currently 9.87%.

About NRG Energy

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NRG Energy, Inc, together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the producing, selling, and delivering electricity and related products and services to approximately 6 million residential, commercial, industrial, and wholesale customers.

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