Shares of Huaneng Power International, Inc. (NYSE:HNP) have earned an average recommendation of “Hold” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

A number of research analysts have weighed in on the company. ValuEngine lowered Huaneng Power International from a “strong-buy” rating to a “buy” rating in a report on Thursday. BidaskClub lowered Huaneng Power International from a “sell” rating to a “strong sell” rating in a report on Wednesday. Zacks Investment Research lowered Huaneng Power International from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. HSBC Holdings plc upgraded Huaneng Power International from a “reduce” rating to a “hold” rating in a report on Wednesday, June 14th. Finally, Citigroup Inc. upgraded Huaneng Power International from a “sell” rating to a “buy” rating in a report on Friday, May 26th.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northern Trust Corp raised its position in shares of Huaneng Power International by 8.8% in the second quarter. Northern Trust Corp now owns 8,805 shares of the utilities provider’s stock worth $244,000 after buying an additional 710 shares during the last quarter. Profund Advisors LLC raised its position in shares of Huaneng Power International by 26.1% in the second quarter. Profund Advisors LLC now owns 9,752 shares of the utilities provider’s stock worth $271,000 after buying an additional 2,017 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Huaneng Power International by 1.4% in the second quarter. Ameriprise Financial Inc. now owns 9,133 shares of the utilities provider’s stock worth $263,000 after buying an additional 124 shares during the last quarter. HPM Partners LLC raised its position in shares of Huaneng Power International by 206.2% in the second quarter. HPM Partners LLC now owns 27,512 shares of the utilities provider’s stock worth $1,109,000 after buying an additional 18,526 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Huaneng Power International by 13.2% in the second quarter. Wells Fargo & Company MN now owns 15,289 shares of the utilities provider’s stock worth $425,000 after buying an additional 1,786 shares during the last quarter. Institutional investors own 0.62% of the company’s stock.

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Huaneng Power International (HNP) traded down 0.6774% during trading on Friday, hitting $25.2776. 44,642 shares of the stock traded hands. The stock has a 50 day moving average price of $27.79 and a 200-day moving average price of $27.96. The stock has a market cap of $9.61 billion, a P/E ratio of 35.1078 and a beta of 0.73. Huaneng Power International has a 52-week low of $23.70 and a 52-week high of $31.85.

Huaneng Power International Company Profile

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