Bronson Point Management Position In Zebra Technologies (ZBRA) Was Upped; Electron Capital Partners Maintains Holding in Nrg Energy (NRG)

April 14, 2018 - By Migdalia James

Larry Foley increased its stake in Zebra Technologies Corp (ZBRA) by 133.33% based on its latest 2017Q4 regulatory filing with the SEC. Bronson Point Management Llc bought 50,000 shares as the company’s stock rose 28.83% while stock markets declined. The hedge fund run by Larry Foley held 87,500 shares of the industrial machinery and components company at the end of 2017Q4, valued at $9.08 million, up from 37,500 at the end of the previous reported quarter. Bronson Point Management Llc who had been investing in Zebra Technologies Corp for a number of months, seems to be bullish on the $7.52 billion market cap company. The stock decreased 0.04% or $0.06 during the last trading session, reaching $141.24. About 305,369 shares traded. Zebra Technologies Corporation (NASDAQ:ZBRA) has risen 56.60% since April 14, 2017 and is uptrending. It has outperformed by 45.05% the S&P500.

Jos Shaver increased its stake in Nrg Energy Inc (NRG) by 43.07% based on its latest 2017Q4 regulatory filing with the SEC. Electron Capital Partners Llc bought 388,637 shares as the company’s stock rose 6.53% while stock markets declined. The hedge fund run by Jos Shaver held 1.29 million shares of the public utilities company at the end of 2017Q4, valued at $36.77 million, up from 902,371 at the end of the previous reported quarter. Electron Capital Partners Llc who had been investing in Nrg Energy Inc for a number of months, seems to be bullish on the $9.57B market cap company. The stock increased 0.37% or $0.11 during the last trading session, reaching $30.13. About 3.78 million shares traded. NRG Energy, Inc. (NYSE:NRG) has risen 65.02% since April 14, 2017 and is uptrending. It has outperformed by 53.47% the S&P500.

Among 14 analysts covering NRG Yield (NYSE:NRG), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. NRG Yield had 36 analyst reports since August 10, 2015 according to SRatingsIntel. The company was initiated on Tuesday, December 1 by Citigroup. UBS upgraded the shares of NRG in report on Thursday, June 1 to “Buy” rating. Goldman Sachs upgraded NRG Energy, Inc. (NYSE:NRG) on Wednesday, March 29 to “Buy” rating. Barclays Capital maintained NRG Energy, Inc. (NYSE:NRG) rating on Monday, September 21. Barclays Capital has “Buy” rating and $31 target. The rating was maintained by SunTrust with “Neutral” on Monday, March 7. The company was initiated on Friday, October 16 by SunTrust. The rating was maintained by Guggenheim on Thursday, March 1 with “Buy”. Citigroup upgraded the shares of NRG in report on Monday, November 7 to “Neutral” rating. The rating was maintained by UBS with “Sell” on Wednesday, August 31. The stock of NRG Energy, Inc. (NYSE:NRG) earned “Hold” rating by SunTrust on Wednesday, October 18.

Electron Capital Partners Llc, which manages about $359.29M and $593.06 million US Long portfolio, decreased its stake in Exelon Corp (NYSE:EXC) by 18,990 shares to 1.60 million shares, valued at $63.08M in 2017Q4, according to the filing. It also reduced its holding in Firstenergy Corp (NYSE:FE) by 25,896 shares in the quarter, leaving it with 2.02M shares, and cut its stake in Aecom (NYSE:ACM).

Investors sentiment increased to 1.34 in Q4 2017. Its up 0.50, from 0.84 in 2017Q3. It improved, as 29 investors sold NRG shares while 109 reduced holdings. 71 funds opened positions while 114 raised stakes. 305.48 million shares or 10.25% more from 277.07 million shares in 2017Q3 were reported. Gradient Invests Lc, Minnesota-based fund reported 8 shares. State Board Of Administration Of Florida Retirement Systems holds 514,059 shares. Envestnet Asset Mgmt has invested 0.01% in NRG Energy, Inc. (NYSE:NRG). Victory Management holds 0% or 4,754 shares. Cadence Cap Mngmt Ltd Company accumulated 44,047 shares. Marshall Wace Llp holds 0.01% or 8,573 shares in its portfolio. Rhumbline Advisers holds 0.03% or 523,387 shares. Sei holds 97,670 shares. Valley Natl Advisers holds 0% or 61 shares in its portfolio. Moreover, Cibc Ww Mkts has 0.01% invested in NRG Energy, Inc. (NYSE:NRG). Hanson Mcclain invested 0% in NRG Energy, Inc. (NYSE:NRG). Geode Capital Management Limited has invested 0.03% in NRG Energy, Inc. (NYSE:NRG). The Michigan-based Ls Invest Lc has invested 0.02% in NRG Energy, Inc. (NYSE:NRG). Old Second Bancorp Of Aurora owns 7 shares or 0% of their US portfolio. Invesco Ltd stated it has 0.01% in NRG Energy, Inc. (NYSE:NRG).

Bronson Point Management Llc, which manages about $1.86B and $381.16M US Long portfolio, decreased its stake in Mgm Resorts International (NYSE:MGM) by 12,500 shares to 100,000 shares, valued at $3.34 million in 2017Q4, according to the filing. It also reduced its holding in C&J Energy Svcs Inc New by 27,573 shares in the quarter, leaving it with 397,500 shares, and cut its stake in Rexnord Corp New (NYSE:RXN).

Among 12 analysts covering Zebra Tech (NASDAQ:ZBRA), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Zebra Tech had 30 analyst reports since August 12, 2015 according to SRatingsIntel. As per Wednesday, June 8, the company rating was initiated by Goldman Sachs. Wellington Shields upgraded the stock to “Buy” rating in Wednesday, November 8 report. The rating was maintained by Wells Fargo with “Market Perform” on Tuesday, February 27. The rating was upgraded by Northcoast on Tuesday, October 31 to “Buy”. As per Monday, March 26, the company rating was upgraded by JP Morgan. The firm earned “Buy” rating on Tuesday, November 7 by J.P. Morgan. The company was downgraded on Wednesday, May 31 by Morgan Stanley. The stock has “Outperform” rating by Imperial Capital on Tuesday, September 1. The rating was downgraded by JP Morgan to “Neutral” on Monday, February 26. The firm earned “In-Line” rating on Wednesday, January 4 by Imperial Capital.

By1 Migdalia James