Hotchkis & Wiley Capital Management Decreased Nrg Energy (NRG) Position; Alpine Total Dynamic Dividend Fund (AOD)’s Sentiment Is 1.1

January 16, 2018 - By Winifred Garcia

Hotchkis & Wiley Capital Management Llc decreased Nrg Energy Inc (NRG) stake by 20.09% reported in 2017Q3 SEC filing. Hotchkis & Wiley Capital Management Llc sold 832,546 shares as Nrg Energy Inc (NRG)’s stock declined 8.13%. The Hotchkis & Wiley Capital Management Llc holds 3.31M shares with $84.72 million value, down from 4.14 million last quarter. Nrg Energy Inc now has $8.88B valuation. The stock decreased 2.33% or $0.67 during the last trading session, reaching $28.03. About 2.26 million shares traded. NRG Energy, Inc. (NYSE:NRG) has risen 1.42% since January 16, 2017 and is uptrending. It has underperformed by 15.28% the S&P500.

The stock increased 0.36% or $0.035 during the last trading session, reaching $9.765. About 172,457 shares traded. Alpine Total Dynamic Dividend Fund (AOD) has risen 16.83% since January 16, 2017 and is uptrending. It has outperformed by 0.13% the S&P500.

Saba Capital Management L.P. holds 7.71% of its portfolio in Alpine Total Dynamic Dividend Fund for 8.46 million shares. 1607 Capital Partners Llc owns 8.37 million shares or 4.29% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 2.85% invested in the company for 717,254 shares. The Illinois-based Rivernorth Capital Management Llc has invested 1.44% in the stock. Zuckerman Investment Group Llc, a Illinois-based fund reported 431,810 shares.

Hotchkis & Wiley Capital Management Llc increased Sanofi (NYSE:SNY) stake by 38,597 shares to 5.86M valued at $291.97M in 2017Q3. It also upped Glaxosmithkline Plc (NYSE:GSK) stake by 569,600 shares and now owns 8.42 million shares. Ericsson (NASDAQ:ERIC) was raised too.

Analysts await NRG Energy, Inc. (NYSE:NRG) to report earnings on February, 27. They expect $0.04 EPS, down 95.56% or $0.86 from last year’s $0.9 per share. NRG’s profit will be $12.67M for 175.19 P/E if the $0.04 EPS becomes a reality. After $0.61 actual EPS reported by NRG Energy, Inc. for the previous quarter, Wall Street now forecasts -93.44% negative EPS growth.

Among 14 analysts covering NRG Yield (NYSE:NRG), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. NRG Yield had 31 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by UBS on Thursday, June 1. The rating was downgraded by UBS to “Sell” on Thursday, June 9. The firm has “Overweight” rating given on Friday, March 18 by Barclays Capital. The firm has “Hold” rating by SunTrust given on Friday, November 3. The firm has “Neutral” rating given on Tuesday, November 22 by Bank of America. The stock of NRG Energy, Inc. (NYSE:NRG) earned “Neutral” rating by Suntrust Robinson on Friday, October 16. The stock has “Buy” rating by Citigroup on Friday, February 24. The firm has “Outperform” rating given on Monday, August 10 by RBC Capital Markets. The stock of NRG Energy, Inc. (NYSE:NRG) has “Sell” rating given on Wednesday, August 31 by UBS. The firm has “Neutral” rating given on Monday, November 14 by UBS.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.19, from 1.03 in 2017Q2. It worsened, as 52 investors sold NRG shares while 121 reduced holdings. 61 funds opened positions while 84 raised stakes. 277.07 million shares or 5.12% more from 263.57 million shares in 2017Q2 were reported. Prudential Financial Inc accumulated 3.36 million shares. Art Ltd Liability has 277,000 shares for 0.36% of their portfolio. Amalgamated Bancorp stated it has 0.05% in NRG Energy, Inc. (NYSE:NRG). 25,340 are held by Jane Street Group Ltd Liability Corp. Metropolitan Life Communications holds 0.03% in NRG Energy, Inc. (NYSE:NRG) or 207,185 shares. Ballentine Partners Limited Liability invested 0.01% of its portfolio in NRG Energy, Inc. (NYSE:NRG). Wetherby Asset Mgmt owns 9,721 shares or 0.04% of their US portfolio. Baystate Wealth Mgmt Ltd has 100 shares. Virginia Retirement Et Al stated it has 0.02% of its portfolio in NRG Energy, Inc. (NYSE:NRG). Sun Life reported 2,211 shares. North Carolina-based Bank & Trust Of America De has invested 0.02% in NRG Energy, Inc. (NYSE:NRG). Winslow Evans & Crocker reported 50 shares. Huntington Bancorp holds 60 shares. Global X Mngmt Lc holds 1,543 shares. Gemmer Asset Mgmt Ltd Limited Liability Company reported 609 shares.

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