Aperio Group LLC increased its position in shares of Huaneng Power International, Inc. (NYSE:HNP) by 9.4% during the second quarter, Holdings Channel reports. The firm owned 58,094 shares of the utilities provider’s stock after buying an additional 4,988 shares during the period. Aperio Group LLC’s holdings in Huaneng Power International were worth $1,614,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Profund Advisors LLC bought a new stake in Huaneng Power International during the first quarter worth about $206,000. Bank of America Corp DE increased its stake in Huaneng Power International by 1.2% in the first quarter. Bank of America Corp DE now owns 8,944 shares of the utilities provider’s stock worth $238,000 after buying an additional 109 shares during the period. HPM Partners LLC bought a new stake in Huaneng Power International during the first quarter worth about $239,000. Ameriprise Financial Inc. bought a new stake in Huaneng Power International during the first quarter worth about $240,000. Finally, Stifel Financial Corp bought a new stake in Huaneng Power International during the first quarter worth about $291,000. 0.62% of the stock is currently owned by institutional investors and hedge funds.

Shares of Huaneng Power International, Inc. (HNP) traded down 0.83% on Friday, hitting $25.24. 31,271 shares of the company were exchanged. Huaneng Power International, Inc. has a 52-week low of $23.70 and a 52-week high of $31.85. The firm has a market cap of $9.59 billion, a P/E ratio of 35.06 and a beta of 0.73. The company has a 50-day moving average price of $27.79 and a 200 day moving average price of $27.96.

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A number of research firms have recently issued reports on HNP. ValuEngine downgraded shares of Huaneng Power International from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of Huaneng Power International from a “sell” rating to a “hold” rating in a research note on Tuesday, May 23rd. BidaskClub downgraded shares of Huaneng Power International from a “sell” rating to a “strong sell” rating in a research note on Wednesday. HSBC Holdings plc raised shares of Huaneng Power International from a “reduce” rating to a “hold” rating in a research note on Wednesday, June 14th. Finally, TheStreet downgraded shares of Huaneng Power International from a “c” rating to a “d+” rating in a research note on Tuesday, May 16th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Huaneng Power International has an average rating of “Hold” and an average target price of $33.00.

Huaneng Power International Company Profile

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Institutional Ownership by Quarter for Huaneng Power International (NYSE:HNP)

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