Citadel Advisors LLC purchased a new stake in TransAlta Co. (NYSE:TAC) (TSE:TA) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 19,100 shares of the utilities provider’s stock, valued at approximately $112,000.

Other institutional investors also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its position in shares of TransAlta by 25.3% in the second quarter. Advisors Asset Management Inc. now owns 110,563 shares of the utilities provider’s stock worth $708,000 after purchasing an additional 22,353 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of TransAlta by 21.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,818 shares of the utilities provider’s stock worth $146,000 after purchasing an additional 4,088 shares in the last quarter. Sentry Investments Corp. bought a new stake in shares of TransAlta in the second quarter worth $8,986,000. Vanguard Group Inc. lifted its position in shares of TransAlta by 5.4% in the second quarter. Vanguard Group Inc. now owns 5,855,411 shares of the utilities provider’s stock worth $37,475,000 after purchasing an additional 298,315 shares in the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in shares of TransAlta by 2.5% in the second quarter. Parametric Portfolio Associates LLC now owns 31,629 shares of the utilities provider’s stock worth $202,000 after purchasing an additional 775 shares in the last quarter. Institutional investors own 50.84% of the company’s stock.

Shares of TransAlta Co. (TAC) opened at $5.75 on Monday. The company has a quick ratio of 0.92, a current ratio of 1.07 and a debt-to-equity ratio of 0.81. The company has a market cap of $1,655.42, a price-to-earnings ratio of 143.75 and a beta of 0.76. TransAlta Co. has a 1 year low of $5.00 and a 1 year high of $6.60.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Friday, December 1st will be given a $0.031 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, November 30th. TransAlta’s dividend payout ratio is presently 240.05%.

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TransAlta Profile

TransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,720 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. It focuses on generating and marketing electricity in Canada, the United States and Western Australia through its diversified portfolio of facilities fuelled by coal, natural gas, diesel, hydro, wind and solar.

Institutional Ownership by Quarter for TransAlta (NYSE:TAC)

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