United Advisor Group LLC Takes $325,000 Position in NRG Energy, Inc. (NYSE:NRG)

United Advisor Group LLC acquired a new stake in NRG Energy, Inc. (NYSE:NRG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,599 shares of the utilities provider's stock, valued at approximately $325,000.

Several other hedge funds have also recently bought and sold shares of NRG. SBI Securities Co. Ltd. acquired a new position in shares of NRG Energy during the 4th quarter valued at about $32,000. Mizuho Bank Ltd. acquired a new position in NRG Energy during the fourth quarter valued at approximately $41,000. Princeton Global Asset Management LLC raised its position in shares of NRG Energy by 414.9% in the fourth quarter. Princeton Global Asset Management LLC now owns 484 shares of the utilities provider's stock valued at $44,000 after purchasing an additional 390 shares during the period. Larson Financial Group LLC boosted its holdings in shares of NRG Energy by 221.0% during the 4th quarter. Larson Financial Group LLC now owns 504 shares of the utilities provider's stock worth $45,000 after buying an additional 347 shares during the period. Finally, CIBC Private Wealth Group LLC grew its stake in NRG Energy by 64.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 521 shares of the utilities provider's stock valued at $51,000 after buying an additional 205 shares during the last quarter. 97.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NRG has been the topic of several research analyst reports. Wells Fargo & Company raised their price target on NRG Energy from $165.00 to $200.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Guggenheim lifted their price target on NRG Energy from $138.00 to $173.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Morgan Stanley upped their price target on NRG Energy from $86.00 to $99.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 19th. Wall Street Zen lowered shares of NRG Energy from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $167.00 price target (up from $115.00) on shares of NRG Energy in a report on Wednesday, May 14th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $140.75.

NRG Energy Price Performance

Shares of NYSE:NRG traded down $1.73 during midday trading on Thursday, reaching $154.33. 3,948,596 shares of the company's stock were exchanged, compared to its average volume of 3,023,446. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17. The company's 50 day simple moving average is $115.75 and its two-hundred day simple moving average is $104.64. NRG Energy, Inc. has a 12 month low of $65.11 and a 12 month high of $161.78. The firm has a market capitalization of $30.17 billion, a PE ratio of 38.78, a price-to-earnings-growth ratio of 1.01 and a beta of 1.00.

NRG Energy (NYSE:NRG - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The utilities provider reported $2.62 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $1.90. NRG Energy had a net margin of 3.43% and a return on equity of 48.96%. The firm had revenue of $8.59 billion during the quarter, compared to analysts' expectations of $8.28 billion. During the same quarter last year, the company earned $2.31 earnings per share. The company's revenue for the quarter was up 15.6% compared to the same quarter last year. Equities research analysts expect that NRG Energy, Inc. will post 6.36 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st were given a $0.44 dividend. The ex-dividend date was Thursday, May 1st. This represents a $1.76 dividend on an annualized basis and a yield of 1.14%. NRG Energy's dividend payout ratio (DPR) is presently 28.39%.

NRG Energy 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.