5 Dividend Stocks to Buy According to Christian Leone’s Luxor Capital

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

Luxor Capital’s Stake Value: $86.14 million

Percentage of Luxor Capital’s 13F Portfolio: 3.18%

Number of Hedge Fund Holders: 32

Div. Yield: 3.64%

NRG Energy, Inc. (NYSE:NRG) is a Texas-based energy company that focuses on energy generation in the form of coal, oil, nuclear, wind, natural gas, and solar energy. NRG Energy, Inc. (NYSE:NRG) used to be the wholesale wing of Xcel Energy Inc.(NASDAQ:XEL) and became independent in 2000. The company has eleven subsidiaries and generates more than 23000 MW from 40 powerplants around the United States and serves 2.9 million customers in North-East United States and Texas.

According to Luxor Capital’s third-quarter filings, the fund owned 2.1 million shares of NRG Energy, Inc. (NYSE:NRG) worth $86.14 million, representing 0.77% of Luxor Capital’s portfolio.