Brahman Capital Increases Stake in Nrg Energy (NRG); Bernzott Capital Advisors Has Cut Its Catalent (CTLT) Holding by $398,725 as Stock Value Declined

June 14, 2018 - By wolcottdaily

NRG Energy, Inc. (NYSE:NRG) Logo

Bernzott Capital Advisors decreased its stake in Catalent (CTLT) by 1.19% based on its latest 2018Q1 regulatory filing with the SEC. Bernzott Capital Advisors sold 9,725 shares as the company’s stock declined 9.46% with the market. The institutional investor held 808,565 shares of the health care company at the end of 2018Q1, valued at $33.20 million, down from 818,290 at the end of the previous reported quarter. Bernzott Capital Advisors who had been investing in Catalent for a number of months, seems to be less bullish one the $5.51 billion market cap company. The stock increased 2.58% or $1.04 during the last trading session, reaching $41.3. About 455,029 shares traded. Catalent, Inc. (NYSE:CTLT) has risen 9.81% since June 14, 2017 and is uptrending. It has underperformed by 2.76% the S&P500. Some Historical CTLT News: 01/05/2018 – CATALENT 3Q NET REV. $627.9M, EST. $610.6M; 01/05/2018 – Catalent Sees FY18 Capex $152M-$165M; 01/05/2018 – Catalent 3Q Rev $627.9M; 15/05/2018 – Viking Global Investors Buys New 1.1% Position in Catalent; 01/05/2018 – Catalent Sees FY18 Adj Net $212M-$232M; 01/05/2018 – Catalent 3Q EPS 14c; 01/05/2018 – Catalent Sees FY18 Rev $2.42B-$2.48B; 10/05/2018 – Catalent Presenting at Bank of America Conference May 15; 23/04/2018 – BLACKMORES LTD – ACQUIRED CATALENT AUSTRALIA TABLET AND SOFT-GEL CAPSULE MANUFACTURING FACILITY IN VICTORIA FOR $43.2 MLN; 01/05/2018 – CATALENT REAFFIRMS FY ’18 GUIDANCE

Peter Adam Hochfelder increased its stake in Nrg Energy Inc (NRG) by 29.29% based on its latest 2018Q1 regulatory filing with the SEC. Brahman Capital Corp bought 3.60M shares as the company’s stock rose 29.25% while stock markets declined. The hedge fund run by Peter Adam Hochfelder held 15.88M shares of the public utilities company at the end of 2018Q1, valued at $484.78M, up from 12.28M at the end of the previous reported quarter. Brahman Capital Corp who had been investing in Nrg Energy Inc for a number of months, seems to be bullish on the $10.57B market cap company. The stock decreased 1.21% or $0.41 during the last trading session, reaching $33.57. About 3.05 million shares traded. NRG Energy, Inc. (NYSE:NRG) has risen 106.57% since June 14, 2017 and is uptrending. It has outperformed by 94.00% the S&P500. Some Historical NRG News: 04/05/2018 – NRG ENERGY INC NRG.N : DEUTSCHE BANK RAISES TARGET PRICE TO $45 FROM $44; 05/04/2018 – NRG ENERGY BOARD TO REDUCE NUMBER OF DIRECTORS TO ELEVEN; 21/05/2018 – NRG Energy Expects to Grant Initial Purchasers 30-Day Option to Buy Up to Additional $75M of Notes; 21/03/2018 – NRG Lenders Agree to Reprice Its Term Loan B; 19/04/2018 – NRG Energy, Inc. Announces Quarterly Dividend; 07/03/2018 – NRG Energy: Board Size to Be Reduced to 12 Directors After Changes; 07/03/2018 – NRG Energy Announces Appointment of Two New Independent Directors; 07/03/2018 – NRG ENERGY NAMES NEW DIRECTORS MATTHEW CARTER & HEATHER COX; 03/05/2018 – NRG Energy 1Q EPS 87c; 23/03/2018 – GENON ENERGY – ON MARCH 22, ENTERED AMENDMENT TO AGREEMENT WITH NRG, PROVIDING FOR DIRECT NEGOTIATION BY NRG WITH THIRD-PARTY PURCHASER OF CANAL 3

Since March 8, 2018, it had 0 buys, and 1 insider sale for $379,628 activity.

Analysts await Catalent, Inc. (NYSE:CTLT) to report earnings on August, 27. They expect $0.58 earnings per share, down 9.38% or $0.06 from last year’s $0.64 per share. CTLT’s profit will be $77.35M for 17.80 P/E if the $0.58 EPS becomes a reality. After $0.38 actual earnings per share reported by Catalent, Inc. for the previous quarter, Wall Street now forecasts 52.63% EPS growth.

Investors sentiment decreased to 1.16 in Q1 2018. Its down 0.28, from 1.44 in 2017Q4. It fall, as 23 investors sold CTLT shares while 85 reduced holdings. 37 funds opened positions while 88 raised stakes. 127.42 million shares or 2.50% less from 130.69 million shares in 2017Q4 were reported. Glenmede Communication Na accumulated 72 shares. D E Shaw And Incorporated accumulated 76,178 shares. Advisory Ser Net Ltd Liability Com has 0% invested in Catalent, Inc. (NYSE:CTLT). Mackay Shields Ltd Liability Co owns 139,644 shares or 0.04% of their US portfolio. Blackrock reported 0.03% stake. 148,400 were reported by Fuller Thaler Asset Management Inc. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems, a Pennsylvania-based fund reported 35,946 shares. Pub Employees Retirement System Of Ohio holds 48,295 shares. The Louisiana-based Price Capital Management has invested 7.62% in Catalent, Inc. (NYSE:CTLT). Bancorporation Of New York Mellon invested 0.02% of its portfolio in Catalent, Inc. (NYSE:CTLT). Cwm Limited Liability holds 0.14% of its portfolio in Catalent, Inc. (NYSE:CTLT) for 84,892 shares. Blair William & Il reported 15,993 shares. Moreover, Massachusetts Financial Services Co Ma has 0% invested in Catalent, Inc. (NYSE:CTLT) for 13,077 shares. Smith Asset Grp LP has invested 0.04% in Catalent, Inc. (NYSE:CTLT). First Quadrant LP Ca reported 39,207 shares or 0.03% of all its holdings.

Among 15 analysts covering Catalent (NYSE:CTLT), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Catalent had 37 analyst reports since September 3, 2015 according to SRatingsIntel. As per Monday, August 21, the company rating was maintained by Jefferies. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, October 20. KeyBanc Capital Markets upgraded the shares of CTLT in report on Wednesday, March 28 to “Overweight” rating. The rating was upgraded by Wells Fargo on Tuesday, June 21 to “Outperform”. The rating was maintained by Wells Fargo with “Outperform” on Wednesday, September 20. The stock of Catalent, Inc. (NYSE:CTLT) earned “Buy” rating by Bank of America on Tuesday, February 6. Jefferies downgraded the stock to “Hold” rating in Thursday, September 10 report. The firm has “Buy” rating given on Thursday, September 3 by Bank of America. Bank of America maintained Catalent, Inc. (NYSE:CTLT) on Wednesday, September 20 with “Buy” rating. The rating was downgraded by Stephens to “Hold” on Tuesday, February 6.

Bernzott Capital Advisors, which manages about $528.67 million and $770.02 million US Long portfolio, upped its stake in Compass Minerals (NYSE:CMP) by 92,725 shares to 480,968 shares, valued at $29.00 million in 2018Q1, according to the filing. It also increased its holding in Mistras (NYSE:MG) by 36,794 shares in the quarter, for a total of 845,875 shares, and has risen its stake in Artisan Partners (NYSE:APAM).

More news for NRG Energy, Inc. (NYSE:NRG) were recently published by: Businesswire.com, which released: “Cypress Creek Renewables and NRG Innovate the Future of Solar Power for Texas Commercial and Industrial …” on June 12, 2018. Schaeffersresearch.com‘s article titled: “NRG Stock Could Reclaim Multi-Year Highs This Summer” and published on June 14, 2018 is yet another important article.

Among 14 analysts covering NRG Yield (NYSE:NRG), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. NRG Yield had 37 analyst reports since August 10, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Buy” rating in Monday, September 21 report. The rating was upgraded by Goldman Sachs on Wednesday, March 29 to “Buy”. The firm earned “Neutral” rating on Friday, October 16 by Suntrust Robinson. Deutsche Bank maintained it with “Buy” rating and $31 target in Monday, September 21 report. Wolfe Research downgraded the stock to “Outperform” rating in Monday, August 10 report. As per Friday, January 29, the company rating was initiated by Guggenheim. The rating was downgraded by UBS on Thursday, June 9 to “Sell”. The stock has “Neutral” rating by SunTrust on Monday, March 7. The rating was initiated by SunTrust on Friday, October 16 with “Neutral”. The stock of NRG Energy, Inc. (NYSE:NRG) earned “Buy” rating by UBS on Thursday, June 1.

Brahman Capital Corp, which manages about $4.97B and $2.23B US Long portfolio, decreased its stake in Spectrum Brands Hldgs Inc (NYSE:SPB) by 93,615 shares to 666,055 shares, valued at $69.07M in 2018Q1, according to the filing. It also reduced its holding in Mattel Inc (NASDAQ:MAT) by 145,775 shares in the quarter, leaving it with 1.95 million shares, and cut its stake in Hilton Worldwide Hldgs Inc.

Catalent, Inc. (NYSE:CTLT) Institutional Positions Chart

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