Macquarie Group Ltd. bought a new position in shares of Atlantic Power Corp (NYSE:AT) (TSE:ATP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 73,276 shares of the utilities provider’s stock, valued at approximately $180,000. Macquarie Group Ltd. owned approximately 0.06% of Atlantic Power as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its holdings in shares of Atlantic Power by 87.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 52,701 shares of the utilities provider’s stock worth $126,000 after purchasing an additional 24,655 shares during the period. Prudential Financial Inc. raised its holdings in shares of Atlantic Power by 87.3% in the 2nd quarter. Prudential Financial Inc. now owns 55,782 shares of the utilities provider’s stock worth $133,000 after purchasing an additional 26,000 shares during the period. Nationwide Fund Advisors raised its holdings in shares of Atlantic Power by 10.6% in the 2nd quarter. Nationwide Fund Advisors now owns 71,880 shares of the utilities provider’s stock worth $173,000 after purchasing an additional 6,867 shares during the period. Voya Investment Management LLC raised its holdings in shares of Atlantic Power by 14.7% in the 2nd quarter. Voya Investment Management LLC now owns 75,284 shares of the utilities provider’s stock worth $181,000 after purchasing an additional 9,647 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its holdings in shares of Atlantic Power by 13.6% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 83,950 shares of the utilities provider’s stock worth $222,000 after purchasing an additional 10,041 shares during the period. 47.68% of the stock is currently owned by hedge funds and other institutional investors.

In other Atlantic Power news, Director Gilbert Samuel Palter acquired 35,000 shares of Atlantic Power stock in a transaction that occurred on Thursday, November 16th. The stock was acquired at an average cost of $2.35 per share, for a total transaction of $82,250.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 1.60% of the stock is currently owned by insiders.

A number of equities research analysts recently commented on AT shares. Zacks Investment Research raised shares of Atlantic Power from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a report on Tuesday, October 10th. National Bank Financial lowered their price target on shares of Atlantic Power from $2.60 to $2.45 and set a “sector perform” rating on the stock in a report on Wednesday, August 30th. Finally, TD Securities reaffirmed a “hold” rating and issued a $2.50 price target on shares of Atlantic Power in a report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $2.57.

Atlantic Power Corp (NYSE AT) opened at $2.35 on Thursday. Atlantic Power Corp has a one year low of $2.25 and a one year high of $2.70. The firm has a market cap of $270.75, a P/E ratio of 21.36 and a beta of 1.73. The company has a quick ratio of 0.97, a current ratio of 1.07 and a debt-to-equity ratio of 30.07.

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Atlantic Power 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.

Institutional Ownership by Quarter for Atlantic Power (NYSE:AT)

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