HPM Partners LLC raised its position in Huaneng Power International, Inc. (NYSE:HNP) by 206.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,512 shares of the utilities provider’s stock after purchasing an additional 18,526 shares during the quarter. HPM Partners LLC’s holdings in Huaneng Power International were worth $1,109,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Credit Suisse AG boosted its holdings in Huaneng Power International by 155.9% in the 1st quarter. Credit Suisse AG now owns 89,319 shares of the utilities provider’s stock valued at $2,379,000 after purchasing an additional 54,410 shares during the last quarter. Morgan Stanley boosted its holdings in Huaneng Power International by 17.9% in the 1st quarter. Morgan Stanley now owns 63,246 shares of the utilities provider’s stock valued at $1,684,000 after purchasing an additional 9,605 shares during the last quarter. Aperio Group LLC boosted its holdings in Huaneng Power International by 9.4% in the 2nd quarter. Aperio Group LLC now owns 58,094 shares of the utilities provider’s stock valued at $1,614,000 after purchasing an additional 4,988 shares during the last quarter. First Trust Advisors LP boosted its holdings in Huaneng Power International by 12.3% in the 2nd quarter. First Trust Advisors LP now owns 56,787 shares of the utilities provider’s stock valued at $1,578,000 after purchasing an additional 6,241 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its holdings in Huaneng Power International by 45.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 55,673 shares of the utilities provider’s stock valued at $1,483,000 after purchasing an additional 17,323 shares during the last quarter. Institutional investors own 0.58% of the company’s stock.

Several equities analysts have weighed in on HNP shares. TheStreet lowered shares of Huaneng Power International from a “c” rating to a “d+” rating in a report on Tuesday, May 16th. Zacks Investment Research lowered shares of Huaneng Power International from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub lowered shares of Huaneng Power International from a “hold” rating to a “sell” rating in a report on Friday, June 30th. Citigroup Inc. upgraded shares of Huaneng Power International from a “sell” rating to a “buy” rating in a report on Friday, May 26th. Finally, ValuEngine lowered shares of Huaneng Power International from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.00.

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Shares of Huaneng Power International, Inc. (HNP) opened at 26.05 on Friday. Huaneng Power International, Inc. has a 1-year low of $23.70 and a 1-year high of $31.85. The stock has a market capitalization of $9.90 billion, a P/E ratio of 36.18 and a beta of 0.75. The stock has a 50 day moving average of $26.43 and a 200-day moving average of $27.86.

The company also recently declared a None dividend, which was paid on Friday, September 8th. Shareholders of record on Thursday, June 22nd were paid a dividend of $1.494 per share. The ex-dividend date of this dividend was Tuesday, June 20th. Huaneng Power International’s dividend payout ratio is currently 171.26%.

About Huaneng Power International

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

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