Aperio Group LLC Cuts Stake in Huaneng Power International, Inc. (HNP)

Aperio Group LLC lessened its holdings in Huaneng Power International, Inc. (NYSE:HNP) by 28.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,469 shares of the utilities provider’s stock after selling 16,625 shares during the quarter. Aperio Group LLC’s holdings in Huaneng Power International were worth $1,013,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of HNP. Advisory Services Network LLC purchased a new position in shares of Huaneng Power International in the second quarter valued at about $102,000. Northern Trust Corp increased its position in shares of Huaneng Power International by 8.8% in the second quarter. Northern Trust Corp now owns 8,805 shares of the utilities provider’s stock valued at $244,000 after acquiring an additional 710 shares during the period. Bank of America Corp DE increased its position in shares of Huaneng Power International by 1.2% in the first quarter. Bank of America Corp DE now owns 8,944 shares of the utilities provider’s stock valued at $238,000 after acquiring an additional 109 shares during the period. Sheaff Brock Investment Advisors LLC purchased a new position in shares of Huaneng Power International in the second quarter valued at about $250,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of Huaneng Power International in the first quarter valued at about $240,000. Institutional investors own 0.55% of the company’s stock.

A number of equities analysts have issued reports on the stock. CLSA upgraded shares of Huaneng Power International from a “sell” rating to an “outperform” rating in a research report on Monday, November 6th. ValuEngine cut shares of Huaneng Power International from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. Daiwa Capital Markets lowered shares of Huaneng Power International from a “hold” rating to a “sell” rating in a research note on Monday, November 27th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Huaneng Power International in a research note on Tuesday, November 7th. Finally, BidaskClub lowered shares of Huaneng Power International from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $30.00.

Shares of Huaneng Power International, Inc. (NYSE HNP) remained flat at $$25.50 on Monday. 78,560 shares of the stock traded hands, compared to its average volume of 73,127. The stock has a market cap of $9,690.25, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 2.24 and a beta of 0.78. The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 1.29. Huaneng Power International, Inc. has a 12 month low of $24.40 and a 12 month high of $31.85.

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Huaneng Power International Company Profile

Institutional Ownership by Quarter for Huaneng Power International (NYSE:HNP)

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