5 52-Week Low Dividend Stocks To Consider

In this article, we will take a look at the 5 52-week low dividend stocks to consider. You can skip this part and go to 12 52-Week Low Dividend Stocks To Consider.

5. NRG Energy, Inc. (NYSE:NRG)

Number of Hedge Fund Holders: 27

NRG Energy, Inc. (NYSE:NRG) is a high-yield divided stock that is trading in its 52-week low window. NRG Energy, Inc. (NYSE:NRG) has a dividend yield of over 4% as of January 17.

In December, Bank of America upgraded NRG Energy (NYSE:NRG) to Neutral from Underperform. The bank said that the decline in NRG Energy, Inc. (NYSE:NRG) price after the company said it would buy Vivint Smart Home (NYSE:VVNT) for $5.2 billion improved its valuation.

The bank also cited some insider buying activity, according to which NRG Energy, Inc. (NYSE:NRG)’s chief executive and five directors bought about 46,000 shares at roughly $32 each. The bank said that the buying activity shows “managerial confidence.”

As of the end of the third quarter, 27 hedge funds tracked by Insider Monkey had stakes in NRG Energy. The total value of these stakes was $1.2 billion.