As Nrg Energy Inc (NYSE:NRG) Price Rose, Shareholder Md Sass Investors Services Inc Upped Its Position

May 17, 2018 - By Catherine Diaz

NRG Energy, Inc. (NYSE:NRG) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.34. That’s change of 0.50, from 2017Q3’s 0.84. 29 investors sold all, 109 reduced holdings as NRG ratio is positive. 114 rose stakes while 71 funds took stakes. Funds hold 305.48 million shares thus 10.25% more from 2017Q3’s 277.07 million shares. 360,723 are owned by Virtus Advisers. Moreover, Cypress Grp has 0.05% invested in NRG Energy, Inc. (NYSE:NRG) for 7,647 shs. Tower Research Cap Lc (Trc) holds 0.01% in NRG Energy, Inc. (NYSE:NRG) or 3,785 shs. Citigroup Inc accumulated 192,855 shs. Parametric Associates Llc reported 0.04% stake. Robeco Institutional Asset Bv holds 0% or 486 shs. Grantham Mayo Van Otterloo Communications Limited Company holds 33,600 shs. Earnest Prtnrs Ltd Llc has 0% invested in NRG Energy, Inc. (NYSE:NRG). Gilder Gagnon Howe And Limited Liability Corp invested in 8,810 shs or 0% of the stock. Putnam Limited Company holds 0.23% or 3.64 million shs. Atlantic Trust Gp Limited Company accumulated 1,018 shs. Northwestern Mutual Wealth Mngmt holds 0% in NRG Energy, Inc. (NYSE:NRG) or 15,585 shs. Susquehanna International Grp Inc Ltd Liability Partnership stated it has 0% of its capital in NRG Energy, Inc. (NYSE:NRG). Tudor Investment Corp Et Al holds 27,304 shs or 0.02% of its capital. Moreover, Prelude Management Ltd Liability Company has 0.02% invested in NRG Energy, Inc. (NYSE:NRG) for 7,693 shs.

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

It decreased Delta Air Lines Inc Del (NYSE:DAL) position by 669,437 shares to 37,400 shares, and cut its Spdr S&P 500 Etf Tr (Put) (SPY) stake.

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

In total 3 analysts cover NRG Energy (NYSE:NRG). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. (NYSE:NRG) has 67% bullish analysts. 5 are the (NYSE:NRG)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. In Thursday, March 1 report Guggenheim maintained it with “Buy” rating and $37.0 target. On Wednesday, March 28 UBS maintained the shares of NRG in report with “Buy” rating. The company rating was maintained by SunTrust on Monday, March 19. On Wednesday, March 28 the firm earned “Hold” rating by SunTrust.

NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company.The firm is worth $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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