150 institutional investors are raising stakes in Calpine Corporation (CPN)

Calpine Corporation (NYSE:CPN) enjoyed a 62.04% run-up in share price since hitting record low of $9.30. The stock managed 0.27% rise and now stands at $15.07 as of 12/04/2017. At recent session, the prices were hovering between $15.02 and $15.08. This company shares are -3.78% up from its target price of $14.5 and the current market capitalization stands at $5.44B. The recent change has given its price a 1.09% lead over SMA 50 and -0.26% deficit over its 52-week high. The stock witnessed 0.67% gains, 3.08% gains and 15.04% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CPN’s volatility during a week at 0.26% and during a month it has been found around 0.33%.

Calpine Corporation (CPN) Top Holders

Institutional investors currently hold around $5.01 billion or 93.9% in CPN stock. Look at its top three institutional owners. Vanguard Group Inc owns $459.54 million in Calpine Corporation, which represents roughly 8.45% of the company’s market cap and approximately 9.17% of the institutional ownership. Similar statistics are true for the second largest owner, Hotchkis & Wiley Capital Management Llc, which owns 19,323,810 shares of the stock are valued at $290.44 million. The third largest holder is Ecp Controlco, Llc, which currently holds $263.03 million worth of this stock and that ownership represents nearly 4.84% of its market capitalization.

Calpine Corporation 13F Filings

At the end of 09/30/2017 reporting period, 150 institutional holders increased their position in Calpine Corporation (NYSE:CPN) by some 137,327,085 shares, 154 decreased positions by 159,176,564 and 34 held positions by 36,860,852. That puts total institutional holdings at 333,364,501 shares, according to SEC filings. The stock grabbed 85 new institutional investments totaling 95,894,993 shares while 61 institutional investors sold out their entire positions totaling 74,359,415 shares.

Calpine Corporation (CPN) Analyst Guide

Several analysts have released their opinion on Calpine Corporation (NYSE:CPN), with 1 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation.

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