Atlantic Power Corp. (NYSE:AT) – Stock analysts at National Bank Financial upped their Q3 2016 earnings per share estimates for Atlantic Power Corp. in a research note issued to investors on Wednesday. National Bank Financial analyst R. Merer now forecasts that the firm will post earnings of ($0.01) per share for the quarter, up from their previous forecast of ($0.13).

Separately, TD Securities reissued a “hold” rating and set a $2.75 price objective on shares of Atlantic Power Corp. in a report on Saturday, August 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $2.67.

Earnings History and Estimates for Atlantic Power Corp. (NYSE:AT)

Atlantic Power Corp. (NYSE:AT) opened at 2.46 on Monday. The stock’s market capitalization is $296.45 million. Atlantic Power Corp. has a 12 month low of $1.57 and a 12 month high of $2.75. The company’s 50-day moving average is $2.51 and its 200-day moving average is $2.47.

Several hedge funds and other institutional investors have recently modified their holdings of AT. Renaissance Technologies LLC acquired a new position in shares of Atlantic Power Corp. during the first quarter valued at about $121,000. Peak Asset Management LLC raised its position in shares of Atlantic Power Corp. by 13.9% in the second quarter. Peak Asset Management LLC now owns 65,400 shares of the company’s stock valued at $162,000 after buying an additional 8,000 shares during the period. Metropolitan Life Insurance Co. NY raised its position in shares of Atlantic Power Corp. by 0.7% in the first quarter. Metropolitan Life Insurance Co. NY now owns 87,055 shares of the company’s stock valued at $215,000 after buying an additional 609 shares during the period. O Shaughnessy Asset Management LLC raised its position in shares of Atlantic Power Corp. by 11.8% in the second quarter. O Shaughnessy Asset Management LLC now owns 87,218 shares of the company’s stock valued at $216,000 after buying an additional 9,200 shares during the period. Finally, Numeric Investors LLC raised its position in shares of Atlantic Power Corp. by 303.6% in the second quarter. Numeric Investors LLC now owns 123,500 shares of the company’s stock valued at $306,000 after buying an additional 92,900 shares during the period. 43.84% of the stock is currently owned by institutional investors.

Atlantic Power Corp. Company 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 primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate.

5 Day Chart for NYSE:AT

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