Ancora Advisors LLC grew its holdings in Capstone Turbine Co. (NASDAQ:CPST) by 150.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 200,000 shares of the industrial products company’s stock after buying an additional 120,000 shares during the period. Ancora Advisors LLC owned 0.29% of Capstone Turbine worth $200,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HPM Partners LLC acquired a new stake in shares of Capstone Turbine during the 2nd quarter worth about $100,000. EAM Investors LLC acquired a new stake in shares of Capstone Turbine during the second quarter worth approximately $671,000. BlackRock Inc. grew its position in shares of Capstone Turbine by 43.1% during the second quarter. BlackRock Inc. now owns 493,758 shares of the industrial products company’s stock worth $706,000 after buying an additional 148,753 shares in the last quarter. Bridgeway Capital Management Inc. boosted its holdings in Capstone Turbine by 9.3% in the third quarter. Bridgeway Capital Management Inc. now owns 750,159 shares of the industrial products company’s stock worth $750,000 after purchasing an additional 63,800 shares during the period. Finally, Perkins Capital Management Inc. boosted its holdings in Capstone Turbine by 26.5% in the third quarter. Perkins Capital Management Inc. now owns 1,457,143 shares of the industrial products company’s stock worth $1,457,000 after purchasing an additional 305,000 shares during the period. 13.07% of the stock is owned by institutional investors.

CPST opened at $0.67 on Friday. Capstone Turbine Co. has a 12-month low of $0.67 and a 12-month high of $1.90. The company has a market capitalization of $47.89 million, a PE ratio of -3.35 and a beta of -0.13.

Capstone Turbine (NASDAQ:CPST) last announced its quarterly earnings data on Tuesday, November 6th. The industrial products company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.02). The company had revenue of $22.17 million during the quarter, compared to analyst estimates of $21.80 million. Capstone Turbine had a negative net margin of 13.21% and a negative return on equity of 46.55%. Sell-side analysts anticipate that Capstone Turbine Co. will post -0.24 EPS for the current year.

CPST has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Capstone Turbine from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 9th. ValuEngine raised Capstone Turbine from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. Finally, HC Wainwright set a $2.00 target price on Capstone Turbine and gave the stock a “buy” rating in a report on Friday, October 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $2.25.

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Capstone Turbine Profile

Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.

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Institutional Ownership by Quarter for Capstone Turbine (NASDAQ:CPST)

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