Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp trimmed its position in NRG Energy Inc (NYSE:NRG) by 59.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,700 shares of the utilities provider’s stock after selling 43,000 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in NRG Energy were worth $1,176,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. TrimTabs Asset Management LLC acquired a new stake in shares of NRG Energy in the 4th quarter valued at approximately $1,100,000. Polianta Ltd acquired a new stake in shares of NRG Energy in the 4th quarter valued at approximately $1,602,000. PFG Advisors acquired a new stake in shares of NRG Energy in the 4th quarter valued at approximately $1,148,000. Federated Investors Inc. PA raised its position in shares of NRG Energy by 35.6% in the 3rd quarter. Federated Investors Inc. PA now owns 47,369 shares of the utilities provider’s stock valued at $1,772,000 after acquiring an additional 12,438 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in NRG Energy during the 4th quarter worth approximately $1,901,000. Institutional investors and hedge funds own 97.24% of the company’s stock.

Shares of NRG stock opened at $42.49 on Monday. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.33 and a current ratio of 1.50. The company has a market cap of $11.85 billion, a price-to-earnings ratio of 17.63, a P/E/G ratio of 0.20 and a beta of 0.78. NRG Energy Inc has a 52 week low of $29.74 and a 52 week high of $43.66.

In other news, EVP Christopher Moser sold 34,296 shares of NRG Energy stock in a transaction that occurred on Friday, January 4th. The shares were sold at an average price of $38.23, for a total value of $1,311,136.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Robert J. Gaudette sold 18,571 shares of NRG Energy stock in a transaction that occurred on Thursday, January 10th. The shares were sold at an average price of $39.42, for a total transaction of $732,068.82. The disclosure for this sale can be found here. Insiders have sold a total of 93,878 shares of company stock worth $3,758,695 over the last 90 days. Corporate insiders own 0.56% of the company’s stock.

Several analysts have commented on NRG shares. Macquarie set a $48.00 target price on shares of NRG Energy and gave the stock a “buy” rating in a report on Friday, March 1st. Deutsche Bank set a $43.00 target price on shares of NRG Energy and gave the stock a “hold” rating in a report on Friday, March 1st. ValuEngine upgraded shares of NRG Energy from a “hold” rating to a “buy” rating in a report on Thursday, March 7th. Morgan Stanley started coverage on shares of NRG Energy in a report on Monday. They set an “equal weight” rating and a $46.00 target price on the stock. Finally, Zacks Investment Research upgraded shares of NRG Energy from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a report on Friday, January 4th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $43.00.

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NRG Energy Profile

NRG Energy, Inc, together with its subsidiaries, operates as an energy company in the United States. The company is involved in the producing, selling, and delivering electricity and related products and services to 3.1 million residential, industrial, and commercial consumers. It generates electricity using natural gas, coal, oil, solar, nuclear, wind, fossil fuel, and nuclear sources.

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Institutional Ownership by Quarter for NRG Energy (NYSE:NRG)

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