Caxton Associates LP acquired a new stake in NRG Energy Inc (NYSE:NRG) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 10,739 shares of the utilities provider’s stock, valued at approximately $425,000.

Other large investors have also made changes to their positions in the company. Contravisory Investment Management Inc. grew its stake in shares of NRG Energy by 3.4% during the 4th quarter. Contravisory Investment Management Inc. now owns 15,232 shares of the utilities provider’s stock worth $603,000 after acquiring an additional 506 shares during the period. Bessemer Group Inc. lifted its holdings in NRG Energy by 30.1% during the 4th quarter. Bessemer Group Inc. now owns 3,695 shares of the utilities provider’s stock worth $146,000 after purchasing an additional 855 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in NRG Energy by 49.8% during the 4th quarter. Advisors Asset Management Inc. now owns 2,985 shares of the utilities provider’s stock worth $118,000 after purchasing an additional 992 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its holdings in NRG Energy by 202.8% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 1,493 shares of the utilities provider’s stock worth $59,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Private Capital Group LLC lifted its holdings in NRG Energy by 67.9% during the 4th quarter. Private Capital Group LLC now owns 2,498 shares of the utilities provider’s stock worth $99,000 after purchasing an additional 1,010 shares in the last quarter. Hedge funds and other institutional investors own 97.23% of the company’s stock.

NRG has been the topic of several recent analyst reports. Zacks Investment Research raised NRG Energy from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Wednesday, January 23rd. Citigroup raised their price target on NRG Energy from $38.00 to $47.00 and gave the company a “buy” rating in a report on Monday, December 10th. Macquarie set a $48.00 price target on NRG Energy and gave the company a “buy” rating in a report on Friday, March 1st. ValuEngine raised NRG Energy from a “hold” rating to a “buy” rating in a report on Thursday, March 7th. Finally, Deutsche Bank set a $43.00 price target on NRG Energy and gave the company a “hold” rating in a report on Friday, March 1st. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. NRG Energy has a consensus rating of “Buy” and a consensus price target of $42.57.

Shares of NYSE NRG opened at $41.97 on Friday. The stock has a market cap of $12.10 billion, a P/E ratio of 17.41 and a beta of 0.78. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.33 and a current ratio of 1.50. NRG Energy Inc has a 1-year low of $29.74 and a 1-year high of $43.48.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 15th. Investors of record on Friday, February 1st were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Thursday, January 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.29%. NRG Energy’s dividend payout ratio is 4.98%.

In related news, SVP David Callen sold 41,011 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $41.83, for a total transaction of $1,715,490.13. Following the transaction, the senior vice president now directly owns 58,130 shares of the company’s stock, valued at approximately $2,431,577.90. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher Moser sold 34,296 shares of the firm’s stock in a transaction dated Friday, January 4th. The shares were sold at an average price of $38.23, for a total value of $1,311,136.08. The disclosure for this sale can be found here. Over the last three months, insiders have sold 93,878 shares of company stock worth $3,758,695. 0.38% of the stock is currently owned by insiders.

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About NRG Energy

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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