Stifel Financial Corp grew its stake in Huaneng Power International, Inc. (NYSE:HNP) by 18.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,388 shares of the utilities provider’s stock after acquiring an additional 2,045 shares during the quarter. Stifel Financial Corp’s holdings in Huaneng Power International were worth $373,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of Huaneng Power International by 1.2% in the 1st quarter. Bank of America Corp DE now owns 8,944 shares of the utilities provider’s stock worth $238,000 after acquiring an additional 109 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Huaneng Power International by 1.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,133 shares of the utilities provider’s stock worth $263,000 after acquiring an additional 124 shares during the last quarter. Northern Trust Corp increased its stake in shares of Huaneng Power International by 8.8% in the 2nd quarter. Northern Trust Corp now owns 8,805 shares of the utilities provider’s stock worth $244,000 after acquiring an additional 710 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Huaneng Power International by 13.2% in the 2nd quarter. Wells Fargo & Company MN now owns 15,289 shares of the utilities provider’s stock worth $425,000 after acquiring an additional 1,786 shares during the last quarter. Finally, Profund Advisors LLC increased its stake in shares of Huaneng Power International by 26.1% in the 2nd quarter. Profund Advisors LLC now owns 9,752 shares of the utilities provider’s stock worth $271,000 after acquiring an additional 2,017 shares during the last quarter. 0.58% of the stock is owned by institutional investors and hedge funds.

HNP has been the subject of a number of recent analyst reports. ValuEngine downgraded Huaneng Power International from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. Zacks Investment Research raised Huaneng Power International from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Friday, October 27th. Finally, BidaskClub downgraded Huaneng Power International from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $30.00.

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Huaneng Power International Profile

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

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