Huaneng Power International Inc ADR Class N (HNP) Position Trimmed by Jane Street Group LLC

Jane Street Group LLC reduced its holdings in Huaneng Power International Inc ADR Class N (NYSE:HNP) by 21.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,148 shares of the utilities provider’s stock after selling 16,714 shares during the quarter. Jane Street Group LLC’s holdings in Huaneng Power International Inc ADR Class N were worth $1,554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC acquired a new stake in shares of Huaneng Power International Inc ADR Class N during the fourth quarter valued at approximately $64,000. Two Sigma Advisers LP acquired a new stake in shares of Huaneng Power International Inc ADR Class N during the fourth quarter valued at approximately $235,000. Renaissance Technologies LLC raised its holdings in shares of Huaneng Power International Inc ADR Class N by 92.3% during the third quarter. Renaissance Technologies LLC now owns 15,000 shares of the utilities provider’s stock valued at $389,000 after acquiring an additional 7,200 shares during the period. Investors Research Corp increased its stake in Huaneng Power International Inc ADR Class N by 3.6% in the 4th quarter. Investors Research Corp now owns 27,640 shares of the utilities provider’s stock valued at $691,000 after buying an additional 950 shares during the period. Finally, Credit Suisse AG increased its stake in Huaneng Power International Inc ADR Class N by 21.6% in the 3rd quarter. Credit Suisse AG now owns 52,402 shares of the utilities provider’s stock valued at $1,357,000 after buying an additional 9,314 shares during the period. Institutional investors and hedge funds own 0.31% of the company’s stock.

HNP stock traded up $0.15 during trading hours on Friday, hitting $24.27. The company’s stock had a trading volume of 11,729 shares, compared to its average volume of 37,636. The company has a quick ratio of 0.38, a current ratio of 0.45 and a debt-to-equity ratio of 1.34. The company has a market capitalization of $9.22 billion, a price-to-earnings ratio of 151.69, a P/E/G ratio of 0.94 and a beta of 0.72. Huaneng Power International Inc ADR Class N has a 12 month low of $20.51 and a 12 month high of $31.03.

Huaneng Power International Inc ADR Class N (NYSE:HNP) last posted its quarterly earnings data on Tuesday, March 19th. The utilities provider reported ($0.52) earnings per share (EPS) for the quarter. The firm had revenue of $6.30 billion for the quarter. Huaneng Power International Inc ADR Class N had a return on equity of 0.75% and a net margin of 0.62%. On average, research analysts expect that Huaneng Power International Inc ADR Class N will post 1.97 EPS for the current fiscal year.

HNP has been the topic of several research reports. UBS Group lowered shares of Huaneng Power International Inc ADR Class N from a “neutral” rating to a “sell” rating in a research note on Tuesday, March 19th. ValuEngine downgraded shares of Huaneng Power International Inc ADR Class N from a “buy” rating to a “hold” rating in a research report on Thursday, February 7th. Finally, Zacks Investment Research raised shares of Huaneng Power International Inc ADR Class N from a “sell” rating to a “hold” rating in a research report on Wednesday, December 26th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $30.00.

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Huaneng Power International Inc ADR Class N Profile

Huaneng Power International, Inc, through its subsidiaries, generates and sells electricity and heat to the regional or provincial grid companies in the People's Republic of China and Singapore. It is involved in the development, investment, construction, operation, and management of power plants and related projects; and generation, wholesale, and retail of power and other relating utilities.

Further Reading: Stock Symbol

Institutional Ownership by Quarter for Huaneng Power International Inc ADR Class N (NYSE:HNP)

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