Aperio Group LLC cut its position in Calpine Corporation (NYSE:CPN) by 12.7% during the second quarter, according to its most recent filing with the SEC. The fund owned 112,899 shares of the utilities provider’s stock after selling 16,422 shares during the period. Aperio Group LLC’s holdings in Calpine Corporation were worth $1,528,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of CPN. Nomura Asset Management Co. Ltd. boosted its position in Calpine Corporation by 3.8% in the first quarter. Nomura Asset Management Co. Ltd. now owns 52,400 shares of the utilities provider’s stock worth $579,000 after buying an additional 1,900 shares during the last quarter. Nuveen Asset Management LLC bought a new position in Calpine Corporation during the first quarter worth approximately $3,868,000. Clearbridge Investments LLC boosted its position in Calpine Corporation by 17.2% in the first quarter. Clearbridge Investments LLC now owns 4,584,178 shares of the utilities provider’s stock worth $50,655,000 after buying an additional 671,396 shares during the last quarter. Janus Capital Management LLC boosted its position in Calpine Corporation by 1,858.5% in the first quarter. Janus Capital Management LLC now owns 682,532 shares of the utilities provider’s stock worth $7,542,000 after buying an additional 647,683 shares during the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. boosted its position in Calpine Corporation by 83.7% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 15,800 shares of the utilities provider’s stock worth $175,000 after buying an additional 7,200 shares during the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Calpine Corporation (CPN) traded up 1.10% during mid-day trading on Friday, hitting $13.81. 2,512,716 shares of the stock were exchanged. Calpine Corporation has a 12-month low of $9.30 and a 12-month high of $14.76. The company has a 50 day moving average of $13.86 and a 200 day moving average of $12.18. The firm has a market cap of $4.98 billion, a P/E ratio of 103.83 and a beta of 1.02.

Calpine Corporation (NYSE:CPN) last announced its quarterly earnings data on Friday, July 28th. The utilities provider reported ($0.61) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.63. Calpine Corporation had a negative return on equity of 8.92% and a net margin of 0.57%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the firm posted $0.06 earnings per share. The business’s quarterly revenue was up 79.0% compared to the same quarter last year. On average, equities analysts anticipate that Calpine Corporation will post $0.53 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Calpine Corporation (CPN) Shares Sold by Aperio Group LLC” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The correct version of this news story can be read at https://www.dailypolitical.com/2017/08/12/calpine-corporation-cpn-shares-sold-by-aperio-group-llc.html.

CPN has been the topic of several recent research reports. BidaskClub cut shares of Calpine Corporation from a “buy” rating to a “hold” rating in a report on Thursday. BMO Capital Markets increased their target price on shares of Calpine Corporation from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Monday, July 31st. ValuEngine upgraded shares of Calpine Corporation from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Royal Bank Of Canada reiterated a “buy” rating and set a $15.00 target price on shares of Calpine Corporation in a report on Monday, July 24th. Finally, Zacks Investment Research cut shares of Calpine Corporation from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $14.80.

About Calpine Corporation

Calpine Corporation is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. The Company’s segments include West (including geothermal), Texas and East (including Canada). In the Northeast and Mid-Atlantic regions, the Company has generating units capable of burning either natural gas or fuel oil.

Want to see what other hedge funds are holding CPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Calpine Corporation (NYSE:CPN).

Institutional Ownership by Quarter for Calpine Corporation (NYSE:CPN)

Receive News & Ratings for Calpine Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calpine Corporation and related companies with MarketBeat.com's FREE daily email newsletter.