Dimensional Fund Advisors LP raised its position in Atlantic Power Corp (NYSE:AT) (TSE:ATP) by 6.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 421,456 shares of the utilities provider’s stock after purchasing an additional 23,742 shares during the quarter. Dimensional Fund Advisors LP owned about 0.37% of Atlantic Power worth $1,033,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Parametric Portfolio Associates LLC increased its stake in shares of Atlantic Power by 2.1% in the second quarter. Parametric Portfolio Associates LLC now owns 265,535 shares of the utilities provider’s stock valued at $637,000 after purchasing an additional 5,416 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Atlantic Power by 5.9% in the second quarter. The Manufacturers Life Insurance Company now owns 110,425 shares of the utilities provider’s stock valued at $260,000 after purchasing an additional 6,201 shares during the period. Nationwide Fund Advisors increased its stake in shares of Atlantic Power by 10.6% in the second quarter. Nationwide Fund Advisors now owns 71,880 shares of the utilities provider’s stock valued at $173,000 after purchasing an additional 6,867 shares during the period. Voya Investment Management LLC increased its stake in shares of Atlantic Power by 14.7% in the second quarter. Voya Investment Management LLC now owns 75,284 shares of the utilities provider’s stock valued at $181,000 after purchasing an additional 9,647 shares during the period. Finally, Prudential Financial Inc. increased its stake in shares of Atlantic Power by 87.3% in 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. Institutional investors own 47.84% of the company’s stock.

Atlantic Power Corp (NYSE:AT) opened at $1.95 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.07 and a debt-to-equity ratio of 30.07. The stock has a market cap of $224.66, a P/E ratio of 17.73 and a beta of 1.53. Atlantic Power Corp has a 1-year low of $1.90 and a 1-year high of $2.70.

Atlantic Power (NYSE:AT) (TSE:ATP) last posted its quarterly earnings data on Thursday, November 9th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The business had revenue of $108.60 million during the quarter, compared to analysts’ expectations of $124.10 million. Atlantic Power had a negative net margin of 14.09% and a positive return on equity of 34.66%. analysts anticipate that Atlantic Power Corp will post -0.22 EPS for the current fiscal year.

Several brokerages have commented on AT. TD Securities restated a “hold” rating and issued a $2.50 price target on shares of Atlantic Power in a research note on Tuesday, October 17th. Zacks Investment Research upgraded shares of Atlantic Power from a “hold” rating to a “buy” rating and set a $2.75 price objective for the company in a report on Wednesday, November 15th. Finally, National Bank Financial set a $2.50 price objective on shares of Atlantic Power and gave the company a “sector perform” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock has a consensus rating of “Hold” and an average price target of $2.58.

In related news, Director Gilbert Samuel Palter acquired 35,000 shares of the firm’s stock in a transaction dated 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.60% of the company’s stock.

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About Atlantic Power

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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