Huaneng Power International, Inc. (NYSE:HNP) – Analysts at Jefferies Group issued their FY2017 earnings per share estimates for Huaneng Power International in a report released on Tuesday. Jefferies Group analyst E. Lee expects that the utilities provider will earn $0.90 per share for the year. Jefferies Group also issued estimates for Huaneng Power International’s FY2018 earnings at $5.65 EPS.

A number of other analysts have also recently issued reports on the stock. Zacks Investment Research raised shares of Huaneng Power International from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Friday, October 27th. ValuEngine raised shares of Huaneng Power International from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, BidaskClub cut shares of Huaneng Power International from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $30.00.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Paloma Partners Management Co purchased a new position in Huaneng Power International during the first quarter valued at $299,000. Morgan Stanley grew its stake in Huaneng Power International by 17.9% during the first quarter. Morgan Stanley now owns 63,246 shares of the utilities provider’s stock valued at $1,684,000 after acquiring an additional 9,605 shares in the last quarter. Stifel Financial Corp purchased a new position in Huaneng Power International during the first quarter valued at $291,000. Bank of Montreal Can grew its stake in Huaneng Power International by 228.9% during the second quarter. Bank of Montreal Can now owns 34,296 shares of the utilities provider’s stock valued at $953,000 after acquiring an additional 23,868 shares in the last quarter. Finally, UBS Group AG grew its stake in Huaneng Power International by 90.2% during the first quarter. UBS Group AG now owns 19,145 shares of the utilities provider’s stock valued at $509,000 after acquiring an additional 9,080 shares in the last quarter. 0.58% of the stock is owned by institutional investors.

Huaneng Power International Company Profile

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