Atlantic Power Corporation (AT) Shares Bought by Neuberger Berman Group LLC

Neuberger Berman Group LLC lifted its stake in Atlantic Power Corporation (NYSE:AT) (TSE:ATP) by 1.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,815,596 shares of the utilities provider’s stock after acquiring an additional 55,914 shares during the period. Neuberger Berman Group LLC owned 3.31% of Atlantic Power Corporation worth $9,157,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new stake in Atlantic Power Corporation during the first quarter valued at approximately $128,000. Two Sigma Securities LLC acquired a new stake in Atlantic Power Corporation during the first quarter valued at approximately $130,000. Prudential Financial Inc. lifted its stake in Atlantic Power Corporation by 87.3% during 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 last quarter. KCG Holdings Inc. lifted its stake in Atlantic Power Corporation by 44.0% during the first quarter. KCG Holdings Inc. now owns 55,999 shares of the utilities provider’s stock valued at $148,000 after purchasing an additional 17,111 shares during the last quarter. Finally, Peak Asset Management LLC lifted its stake in Atlantic Power Corporation by 34.8% during the second quarter. Peak Asset Management LLC now owns 77,400 shares of the utilities provider’s stock valued at $186,000 after purchasing an additional 20,000 shares during the last quarter. 45.87% of the stock is owned by institutional investors.

Several research firms recently commented on AT. BidaskClub raised shares of Atlantic Power Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. National Bank Financial cut their target price on shares of Atlantic Power Corporation from $2.60 to $2.45 and set a “sector perform” rating for the company in a research note on Wednesday, August 30th. Zacks Investment Research raised shares of Atlantic Power Corporation from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research note on Tuesday, June 6th. Finally, ValuEngine lowered shares of Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $2.65.

Shares of Atlantic Power Corporation (NYSE AT) opened at 2.45 on Monday. Atlantic Power Corporation has a 1-year low of $2.12 and a 1-year high of $2.75. The company’s 50-day moving average is $2.39 and its 200 day moving average is $2.46. The firm’s market capitalization is $282.44 million.

In other Atlantic Power Corporation news, Director Gilbert Samuel Palter purchased 34,700 shares of the stock in a transaction dated Wednesday, September 6th. The stock was bought at an average price of $2.38 per share, for a total transaction of $82,586.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last quarter, insiders have bought 75,600 shares of company stock valued at $187,730. 1.60% of the stock is owned by corporate insiders.

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Atlantic Power Corporation 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 Corporation (NYSE:AT)

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