Trading volume for NRG Yield, Inc. Class C was 840K by the end of trading on Friday. Volume was up 83.23% over the stocks average daily volume.
Here are a few additional firms who have increased or decreased their stake in (NYLD). Bank Of Montreal /can/ divested its investment by shedding 2,525 shares a decrease of 18.8% as of 06/30/2017. Bank Of Montreal /can/ currently owns 10,905 shares valued at $192,000. The total value of its holdings decreased 19.3%. As of the end of the quarter Baird Financial Group, Inc. had bought 41,269 shares growing its stake by 30.1%. The value of the investment in NYLD increased from $2,170,000 to $3,161,000 a change of 45.7% quarter over quarter.
Morgan Stanley trimmed its holdings by selling 34,580 shares a decrease of 11.8% from 12/31/2016 to 03/31/2017. Morgan Stanley controls 259,004 shares with a value of $4,584,000. The value of the position overall is down by 1.2%. Nomura Holdings Inc added to its ownership by buying 279,800 shares an increase of 6,661.9%. Nomura Holdings Inc now holds 284,000 shares worth $5,018,000. The total value of its holdings increased 6,869.4%.
On November 8, 2016 the stock rating was set at “Outperform” according to a Avondale Partners report up from the previous “Outperform” rating. Equity analyst Oppenheimer started coverage setting a rating of “Perform”.
On March 2 Barclays held the company rating at “Overweight” but lowered the price target to $19.00 from $20.00. On January 29, 2016 Guggenheim Securities starting coverage on the stock with an initial rating of “Neutral”.
January 4 investment analysts at Barclays made no change to the stock rating of “Overweight” but moved up the price target from $18.00 to $20.00. On December 1 analysts at Citigroup began coverage giving it an initial rating of “Buy”.
The company is trading up by 2.58% since yesterday’s close of $17.45. Additionally NRG Yield, Inc. Class C recently declared a dividend for shareholders that was paid on Thu Jun 15, 2017. The dividend payment was $0.270 per share for the quarter or $1.08 on an annualized basis. The dividend yield was $6.03. The ex-dividend date was Tuesday the 30th of May 2017.
Company chares are trading at $17.90 just a bit higher than $17.63, the stock’s 50 day moving average and which is slightly above the 200 day moving average of $17.08. The 50 day moving average was up by +1.53% and the 200 day average moved up $0.82.
The most current P/E ratio is 35.80 and the market cap is 1.75B.
NRG Yield, Inc., launched on December 20, 2012, is a holding company. The Business’s segments include Conventional Generation, Renewables, Thermal and Corporate. The Business’s businesses are segregated based on conventional power generation, renewable businesses, which consist of solar and wind, and the thermal and chilled water business. The Company holds interest in Alta Wind Asset Management Holdings, LLC, Alta Wind Company, LLC, Alta Wind X Holding Company, LLC and Alta Wind XI Holding Company, LLC. As of December 31, 2016, these collectively owned seven wind facilities that totaled 947 megawatts (MW) located in Tehachapi, California, and a portfolio of associated land leases (the Alta Wind Portfolio)..