Huaneng Power International Inc. (NYSE:HNP) shares gapped down prior to trading on Tuesday . The stock had previously closed at $25.25, but opened at $25.27. Huaneng Power International shares last traded at $25.44, with a volume of 27,188 shares changing hands.

Several research analysts have recently commented on HNP shares. Macquarie lowered shares of Huaneng Power International from an “outperform” rating to a “neutral” rating in a report on Tuesday, May 31st. Zacks Investment Research raised shares of Huaneng Power International from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 29th. Morgan Stanley lowered shares of Huaneng Power International from an “overweight” rating to an “equal weight” rating in a report on Monday, July 25th. TheStreet lowered shares of Huaneng Power International from a “hold” rating to a “sell” rating in a report on Monday, August 29th. Finally, BNP Paribas lowered shares of Huaneng Power International from a “hold” rating to a “reduce” rating in a report on Tuesday, September 6th. Five investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company currently has an average rating of “Sell” and a consensus target price of $36.00.

The stock’s 50-day moving average price is $24.96 and its 200-day moving average price is $28.03. The stock has a market capitalization of $9.64 billion, a PE ratio of 5.77 and a beta of 0.72.

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Hedge funds have recently modified their holdings of the company. Aperio Group LLC boosted its stake in shares of Huaneng Power International by 2.4% in the first quarter. Aperio Group LLC now owns 36,015 shares of the company’s stock worth $1,281,000 after buying an additional 831 shares during the last quarter. BlackRock Group LTD boosted its position in Huaneng Power International by 20.3% in the first quarter. BlackRock Group LTD now owns 58,592 shares of the company’s stock valued at $2,084,000 after buying an additional 9,878 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in Huaneng Power International by 40.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 173,173 shares of the company’s stock valued at $6,158,000 after buying an additional 50,045 shares during the last quarter. State Street Corp boosted its position in Huaneng Power International by 57.6% in the first quarter. State Street Corp now owns 28,606 shares of the company’s stock valued at $1,018,000 after buying an additional 10,454 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its position in Huaneng Power International by 200.6% in the first quarter. OLD Mission Capital LLC now owns 35,693 shares of the company’s stock valued at $1,269,000 after buying an additional 23,820 shares during the last quarter. Institutional investors and hedge funds own 0.57% of the company’s stock.

About Huaneng Power International

Huaneng Power International, Inc (Huaneng Power) is an independent power producer. The Company and its subsidiaries are engaged in the generation and sale of electric power to the respective regional or provincial grid companies in the People’s Republic of China (PRC) and in the Republic of Singapore (Singapore).

5 Day Chart for NYSE:HNP

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