Quinn Opportunity Partners LLC maintained its position in Atlantic Power Corporation (NYSE:AT) (TSE:ATP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,100 shares of the utilities provider’s stock at the close of the 2nd quarter. Quinn Opportunity Partners LLC owned 0.06% of Atlantic Power Corporation worth $171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in shares of Atlantic Power Corporation during the first quarter valued at approximately $128,000. Two Sigma Securities LLC purchased a new stake in shares of Atlantic Power Corporation during the first quarter valued at approximately $130,000. Prudential Financial Inc. boosted its stake in shares of Atlantic Power Corporation by 87.3% during the second quarter. Prudential Financial Inc. now owns 55,782 shares of the utilities provider’s stock valued at $133,000 after purchasing an additional 26,000 shares during the period. KCG Holdings Inc. lifted its stake in Atlantic Power Corporation by 44.0% in the first quarter. KCG Holdings Inc. now owns 55,999 shares of the utilities provider’s stock worth $148,000 after acquiring an additional 17,111 shares during the period. Finally, American International Group Inc. lifted its stake in Atlantic Power Corporation by 6.7% in the first quarter. American International Group Inc. now owns 74,836 shares of the utilities provider’s stock worth $198,000 after acquiring an additional 4,703 shares during the period. 45.83% of the stock is owned by hedge funds and other institutional investors.
A number of analysts recently commented on AT shares. BidaskClub lowered Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research raised Atlantic Power Corporation from a “hold” rating to a “buy” rating and set a $2.75 price target for the company in a research note on Tuesday, June 6th. National Bank Financial dropped their price target on Atlantic Power Corporation from $2.60 to $2.45 and set a “sector perform” rating for the company in a research note on Wednesday, August 30th. Finally, ValuEngine lowered Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $2.65.
WARNING: “Quinn Opportunity Partners LLC Has $171,000 Position in Atlantic Power Corporation (AT)” was posted by BBNS and is owned by of BBNS. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at https://baseballnewssource.com/markets/quinn-opportunity-partners-llc-continues-to-hold-position-in-atlantic-power-corporation-at/1601937.html.
Atlantic Power Corporation (NYSE:AT) opened at 2.50 on Friday. The firm’s 50-day moving average price is $2.41 and its 200 day moving average price is $2.46. Atlantic Power Corporation has a 12 month low of $2.13 and a 12 month high of $2.75. The stock’s market cap is $288.20 million.
In other news, Director Gilbert Samuel Palter bought 30,300 shares of the stock in a transaction on Friday, September 1st. The stock was acquired at an average cost of $2.38 per share, for a total transaction of $72,114.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders acquired a total of 65,600 shares of company stock valued at $163,730 over the last quarter. Company insiders own 1.60% of the company’s stock.
Atlantic Power Corporation Company Profile
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers. Atlantic Power’s segments include East U.S., West U.S. and Canada. The Company’s East U.S.
Receive News & Ratings for Atlantic Power Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Power Corporation and related companies with our FREE daily email newsletter.