Md Sass Investors Services Inc Upped Its Position in Nrg Energy Inc (NYSE:NRG) by $38.69 Million as Price Rose

May 17, 2018 - By Laura Small

NRG Energy, Inc. (NYSE:NRG) Corporate LogoBig Money Sentiment increased to 1.34 in Q4 2017. It has change of 0.50, from 2017Q3’s 0.84. The ratio increased due to NRG positioning: 29 sold and 109 reduced. 71 funds took positions and 114 increased positions. Investors holded 277.07 million in 2017Q3 but now own 305.48 million shares or 10.25% more. Panagora Asset Mgmt holds 0% of its capital in NRG Energy, Inc. (NYSE:NRG) for 41,696 shs. Savings Bank Of New York Mellon Corporation reported 2.15 million shs. Toronto Dominion Savings Bank holds 0.01% or 111,848 shs in its capital. 35,343 were reported by Cibc Asset Management. Virginia Retirement Et Al has invested 0.03% in NRG Energy, Inc. (NYSE:NRG). Sun Life invested in 657 shs. 580,275 were accumulated by Locust Wood Advisers Ltd Liability Corp. Atlantic Trust Grp Limited Liability Company holds 1,018 shs. Mutual Of America Cap Mngmt Ltd Liability Com owns 45,938 shs. New Mexico Educational Retirement Board, New Mexico-based fund reported 30,462 shs. Liberty Mutual Grp Inc Asset Mngmt Inc has 12,057 shs. Meeder Asset Mngmt has invested 0.16% of its capital in NRG Energy, Inc. (NYSE:NRG). Wealth Enhancement Advisory Service Llc has invested 0.06% of its capital in NRG Energy, Inc. (NYSE:NRG). Teacher Retirement Of Texas invested 0.02% of its capital in NRG Energy, Inc. (NYSE:NRG). Smithfield Trust Com stated it has 0% of its capital in NRG Energy, Inc. (NYSE:NRG).

Md Sass Investors Services Inc increased its stake by 1028.44% in Nrg Energy Inc (NYSE:NRG), according to 2018Q1 SEC regulatory report. 1.29 million shares were bought by Md Sass Investors Services Inc as Nrg Energy Inc (NYSE:NRG) stock rose 6.53% while stock markets declined. Md Sass Investors Services Inc announced $43.20 million position in Md Sass Investors Services Inc for 2018Q1. Now it holds 1.42M shares, compared to 125,400 last quarter. $10.63B is the market cap of Nrg Energy Inc. $33.75 was the last price.Since May 17, 2017 it’s 65.02% down thus uptrending. The stock outperformed the S&P500 by 53.47%.

Md Sass Investors Services Inc cut its stake in Spdr S&P 500 Etf Tr (Put) (SPY) and reduced Shire Plc (NASDAQ:SHPG) position by 252,238 shares for a total of 6,600 shares.

Martin D. Sass founded MD Sass, a hedge fund value-oriented. From 2002 until 2011, Martin Sass was able to obtain a return of about 7.2%, a better performance than the benchmark on an annual basis of 1.9 percentage points. Md Sass Investors Services Inc is a New York-based hedge fund that was founded by Martin D. Sass. It had more than $1.91 billion assets under management in April, 2014. Taken from Md Sass Investors Services latest Adv, the fund reported to have 40 full and part-time employees. Among which 16 performing investment advisory and research functions. The hedge fund had more than 100 clients.

NRG Energy, Inc. (NYSE:NRG) Ratings Coverage

A total of 3 analysts rate NRG Energy (NYSE:NRG) as follows: 2 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NYSE:NRG) has 5 ratings reports on 17 May 2018 according to StockzIntelligence. On Thursday, March 1 the firm earned “Buy” rating by Guggenheim. On Wednesday, March 28 SunTrust maintained the shares of NRG in report with “Hold” rating. On Wednesday, March 28 the company was maintained by UBS. On Monday, March 19 the firm has “Hold” rating given by SunTrust.

NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company.The firm is valued at $10.63 billion. The firm provides electricity to residential, commercial, and industrial consumers; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; carbon management and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset management services.Last it reported negative earnings. It owns and operates approximately 47,000 megawatts of generation.

NRG Energy, Inc. (NYSE:NRG) Institutional Investors Chart

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