Jane Street Group LLC grew its holdings in shares of Atlantic Power Corp (NYSE:AT) (TSE:ATP) by 141.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,795 shares of the utilities provider’s stock after acquiring an additional 24,467 shares during the quarter. Jane Street Group LLC’s holdings in Atlantic Power were worth $102,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Mangrove Partners raised its stake in shares of Atlantic Power by 0.7% during the second quarter. Mangrove Partners now owns 8,680,740 shares of the utilities provider’s stock worth $20,834,000 after acquiring an additional 60,100 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Atlantic Power by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 6,813,864 shares of the utilities provider’s stock worth $17,034,000 after purchasing an additional 1,082,104 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Atlantic Power by 1.5% in the second quarter. Neuberger Berman Group LLC now owns 3,815,596 shares of the utilities provider’s stock worth $9,157,000 after purchasing an additional 55,914 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Atlantic Power by 4.7% in the second quarter. Vanguard Group Inc. now owns 3,163,689 shares of the utilities provider’s stock worth $7,593,000 after purchasing an additional 142,274 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Atlantic Power by 1.6% in the second quarter. State Street Corp now owns 2,143,668 shares of the utilities provider’s stock worth $5,147,000 after purchasing an additional 33,047 shares during the last quarter. 47.68% of the stock is currently owned by hedge funds and other institutional investors.

AT has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Atlantic Power from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a report on Tuesday, October 10th. National Bank Financial cut their target price 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 restated a “hold” rating and issued a $2.50 target price on shares of Atlantic Power in a report on Tuesday, October 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $2.57.

In related news, Director Gilbert Samuel Palter purchased 35,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were acquired at an average price of $2.35 per share, for a total transaction of $82,250.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Shares of Atlantic Power Corp (AT) opened at $2.35 on Tuesday. The firm has a market cap of $270.75, a price-to-earnings ratio of -4.27 and a beta of 1.73. Atlantic Power Corp has a fifty-two week low of $2.25 and a fifty-two week high of $2.70. 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 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.

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

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