Peak Asset Management LLC raised its position in shares of Atlantic Power Corporation (NYSE:AT) (TSE:ATP) by 34.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 77,400 shares of the utilities provider’s stock after buying an additional 20,000 shares during the period. Peak Asset Management LLC’s holdings in Atlantic Power Corporation were worth $186,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AT. Strs Ohio boosted its stake in shares of Atlantic Power Corporation by 5.7% in the second quarter. Strs Ohio now owns 261,000 shares of the utilities provider’s stock worth $626,000 after buying an additional 14,100 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in shares of Atlantic Power Corporation by 13.6% in the first quarter. Metropolitan Life Insurance Co. NY now owns 83,950 shares of the utilities provider’s stock worth $222,000 after buying an additional 10,041 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in shares of Atlantic Power Corporation during the first quarter worth approximately $130,000. KCG Holdings Inc. boosted its stake in shares of Atlantic Power Corporation by 44.0% in the first quarter. KCG Holdings Inc. now owns 55,999 shares of the utilities provider’s stock worth $148,000 after buying an additional 17,111 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Atlantic Power Corporation by 52.2% in the first quarter. Renaissance Technologies LLC now owns 208,403 shares of the utilities provider’s stock worth $552,000 after buying an additional 71,473 shares during the last quarter. 46.37% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Atlantic Power Corporation (NYSE:AT) opened at 2.35 on Monday. The company has a 50-day moving average of $2.39 and a 200-day moving average of $2.44. The firm’s market capitalization is $270.79 million. Atlantic Power Corporation has a 52 week low of $2.12 and a 52 week high of $2.75.

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A number of equities research analysts recently commented on the stock. BidaskClub cut shares of Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research cut shares of Atlantic Power Corporation from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. ValuEngine cut shares of Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. Finally, TD Securities reissued a “hold” rating on shares of Atlantic Power Corporation in a research note on Tuesday, May 9th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $2.67.

In other Atlantic Power Corporation news, CEO James J. Moore, Jr. purchased 35,000 shares of the company’s stock in a transaction on Wednesday, May 31st. The shares were purchased at an average cost of $2.38 per share, for a total transaction of $83,300.00. Following the completion of the transaction, the chief executive officer now owns 385,742 shares in the company, valued at $918,065.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gilbert Samuel Palter purchased 49,900 shares of the company’s stock in a transaction on Wednesday, May 31st. The stock was acquired at an average price of $2.39 per share, for a total transaction of $119,261.00. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 133,117 shares of company stock worth $317,925. 1.60% of the stock is owned by company insiders.

Atlantic Power Corporation Company Profile

Alltel Corporation provides telecommunication services such as wire line local, long-distance, network access and internet services, wireless communications and wide-area paging services. The Company also wholesales telecommunications equipment and publishes telephone directories.

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

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