Acadian Asset Management Has Cut Nrg Energy Com (NRG) Position By $3.49 Million; Alcoa (AA) Covered By 17 Bullish Analysts Last Week

February 18, 2018 - By Michael Collier

Acadian Asset Management Llc decreased Nrg Energy Inc Com (NRG) stake by 99.81% reported in 2017Q3 SEC filing. Acadian Asset Management Llc sold 139,787 shares as Nrg Energy Inc Com (NRG)’s stock declined 8.13%. The Acadian Asset Management Llc holds 270 shares with $7,000 value, down from 140,057 last quarter. Nrg Energy Inc Com now has $7.99B valuation. The stock decreased 0.16% or $0.04 during the last trading session, reaching $25.22. About 2.94 million shares traded. NRG Energy, Inc. (NYSE:NRG) has risen 1.42% since February 18, 2017 and is uptrending. It has underperformed by 15.28% the S&P500.

Among 26 analysts covering Alcoa Inc. (NYSE:AA), 17 have Buy rating, 0 Sell and 9 Hold. Therefore 65% are positive. Alcoa Inc. had 80 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 12 by UBS. The stock of Alcoa Corporation (NYSE:AA) earned “Market Perform” rating by Cowen & Co on Thursday, October 13. The rating was maintained by BMO Capital Markets on Tuesday, September 5 with “Buy”. Seaport Global initiated Alcoa Corporation (NYSE:AA) on Friday, September 9 with “Neutral” rating. As per Thursday, January 18, the company rating was maintained by Credit Suisse. RBC Capital Markets maintained Alcoa Corporation (NYSE:AA) rating on Wednesday, October 12. RBC Capital Markets has “Sector Perform” rating and $31 target. As per Friday, August 4, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating given on Tuesday, January 12 by Deutsche Bank. The rating was initiated by Goldman Sachs with “Neutral” on Wednesday, November 2. The rating was upgraded by JP Morgan to “Overweight” on Thursday, February 2. See Alcoa Corporation (NYSE:AA) latest ratings:

05/02/2018 Broker: J.P. Morgan Rating: Buy New Target: $71.0 Maintain
18/01/2018 Broker: Tigress Financial Rating: Buy
18/01/2018 Broker: Credit Suisse Rating: Buy New Target: $61.0 Maintain
18/01/2018 Broker: CFRA Rating: Buy New Target: $68.0 Maintain
17/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $63.0 Maintain
18/01/2018 Broker: Bank of America Rating: Buy New Target: $63.0 Maintain
17/01/2018 Broker: Cowen & Co Rating: Hold New Target: $59.0 Maintain
20/12/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Old Target: $42 Upgrade
19/12/2017 Broker: Morgan Stanley Rating: Buy New Target: $55.0 Maintain
14/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $60.0 Maintain

Investors sentiment increased to 1.5 in Q3 2017. Its up 1.50, from 0 in 2017Q2. It improved, as 2 investors sold Alcoa Corporation shares while 0 reduced holdings. 2 funds opened positions while 1 raised stakes. 381,871 shares or 21.21% less from 484,644 shares in 2017Q2 were reported. Vantage Investment Advisors Limited Company reported 0% of its portfolio in Alcoa Corporation (NYSE:AA). Focused Wealth Mgmt has invested 0% in Alcoa Corporation (NYSE:AA). Thrivent Financial For Lutherans owns 0% invested in Alcoa Corporation (NYSE:AA) for 743 shares. Cypress Cap Management Ltd (Wy) accumulated 710 shares or 0.04% of the stock. Carmignac Gestion, a France-based fund reported 380,000 shares. Gemmer Asset Mgmt Ltd has 42 shares.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products. The company has market cap of $8.77 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products. It has a 40.83 P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

Since February 8, 2018, it had 1 insider purchase, and 0 insider sales for $999,557 activity. Another trade for 40,300 shares valued at $999,557 was made by Hess David P on Thursday, February 8.

The stock decreased 0.44% or $0.21 during the last trading session, reaching $47.36. About 8.40 million shares traded or 89.85% up from the average. Alcoa Corporation (NYSE:AA) has 0.00% since February 18, 2017 and is . It has underperformed by 16.70% the S&P500.

Acadian Asset Management Llc increased Trinet Group Inc (NYSE:TNET) stake by 18,162 shares to 124,521 valued at $4.19M in 2017Q3. It also upped Corcept Therapeutics Inc (NASDAQ:CORT) stake by 596,423 shares and now owns 2.30M shares. Prudential Finl (NYSE:PRU) was raised too.

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. As per Tuesday, November 22, the company rating was downgraded by Bank of America. The company was upgraded on Wednesday, March 29 by Goldman Sachs. The stock of NRG Energy, Inc. (NYSE:NRG) has “Buy” rating given on Monday, September 21 by Barclays Capital. Citigroup initiated the shares of NRG in report on Tuesday, December 1 with “Sell” rating. On Thursday, June 9 the stock rating was downgraded by UBS to “Sell”. UBS maintained NRG Energy, Inc. (NYSE:NRG) rating on Wednesday, August 31. UBS has “Sell” rating and $12 target. The stock of NRG Energy, Inc. (NYSE:NRG) earned “Neutral” rating by Citigroup on Monday, November 7. SunTrust initiated NRG Energy, Inc. (NYSE:NRG) on Friday, October 16 with “Neutral” rating. The stock of NRG Energy, Inc. (NYSE:NRG) earned “Neutral” rating by Suntrust Robinson on Friday, October 16. The stock has “Overweight” rating by Barclays Capital on Friday, March 18.

Analysts await NRG Energy, Inc. (NYSE:NRG) to report earnings on February, 27. They expect $0.04 earnings per share, down 95.56% or $0.86 from last year’s $0.9 per share. NRG’s profit will be $12.67 million for 157.63 P/E if the $0.04 EPS becomes a reality. After $0.61 actual earnings per share reported by NRG Energy, Inc. for the previous quarter, Wall Street now forecasts -93.44% negative EPS growth.

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