Two Sigma Securities LLC purchased a new stake in shares of Calpine Co. (NYSE:CPN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 27,330 shares of the utilities provider’s stock, valued at approximately $414,000.
Other institutional investors have also bought and sold shares of the company. Cerebellum GP LLC acquired a new position in shares of Calpine in the 4th quarter worth approximately $128,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Calpine in the 4th quarter worth approximately $172,000. GSA Capital Partners LLP acquired a new position in shares of Calpine in the 3rd quarter worth approximately $236,000. Green Square Capital LLC purchased a new position in shares of Calpine in the third quarter worth approximately $283,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Calpine by 47.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,738 shares of the utilities provider’s stock worth $284,000 after acquiring an additional 6,051 shares in the last quarter. Institutional investors own 78.35% of the company’s stock.
Shares of Calpine stock opened at $15.25 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.96 and a debt-to-equity ratio of 3.65. Calpine Co. has a 52-week low of $9.30 and a 52-week high of $15.25.
CPN has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Calpine from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. SunTrust Banks restated a “hold” rating on shares of Calpine in a report on Wednesday, March 7th. Finally, ValuEngine upgraded shares of Calpine from a “sell” rating to a “hold” rating in a research note on Wednesday, March 7th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.75.
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Calpine Company Profile
Calpine Corporation is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. The Company’s segments include West (including geothermal), Texas and East (including Canada). In the Northeast and Mid-Atlantic regions, the Company has generating units capable of burning either natural gas or fuel oil.
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