Trust Co. of Vermont Has $83,000 Holdings in NRG Energy, Inc. (NYSE:NRG)

Trust Co. of Vermont grew its stake in NRG Energy, Inc. (NYSE:NRG) by 17.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 915 shares of the utilities provider’s stock after purchasing an additional 139 shares during the period. Trust Co. of Vermont’s holdings in NRG Energy were worth $83,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in NRG. Ashton Thomas Securities LLC acquired a new stake in NRG Energy during the third quarter worth about $26,000. Covestor Ltd grew its holdings in shares of NRG Energy by 74.7% during the 3rd quarter. Covestor Ltd now owns 325 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 139 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of NRG Energy in the third quarter valued at $35,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in NRG Energy in the third quarter worth $36,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in NRG Energy during the third quarter worth $43,000. Institutional investors own 97.72% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on NRG. Jefferies Financial Group raised shares of NRG Energy from a “hold” rating to a “buy” rating and raised their price objective for the stock from $93.00 to $113.00 in a report on Tuesday, November 26th. Citigroup lifted their price objective on NRG Energy from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Wells Fargo & Company increased their target price on NRG Energy from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. BMO Capital Markets boosted their price target on NRG Energy from $94.00 to $100.00 and gave the company a “market perform” rating in a research note on Tuesday, November 19th. Finally, Guggenheim increased their price objective on NRG Energy from $77.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $102.71.

Insiders Place Their Bets

In other NRG Energy news, VP Robert J. Gaudette sold 60,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $91.41, for a total value of $5,484,600.00. Following the transaction, the vice president now directly owns 64,448 shares in the company, valued at approximately $5,891,191.68. This trade represents a 48.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bruce Chung sold 20,000 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $97.63, for a total value of $1,952,600.00. Following the sale, the chief financial officer now owns 69,454 shares of the company’s stock, valued at approximately $6,780,794.02. The trade was a 22.36 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

NRG Energy Price Performance

Shares of NRG stock opened at $104.50 on Monday. NRG Energy, Inc. has a 52 week low of $50.43 and a 52 week high of $106.65. The stock has a market capitalization of $21.17 billion, a PE ratio of 26.26, a PEG ratio of 1.17 and a beta of 1.15. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17. The stock’s fifty day moving average is $95.81 and its 200-day moving average is $87.50.

NRG Energy Company Profile

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.