Dupont Capital Management Corp held its stake in shares of Calpine Corporation (NYSE:CPN) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 138,448 shares of the utilities provider’s stock at the end of the second quarter. Dupont Capital Management Corp’s holdings in Calpine Corporation were worth $1,873,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Calpine Corporation by 3,600.9% in the first quarter. BlackRock Inc. now owns 20,292,848 shares of the utilities provider’s stock valued at $224,236,000 after buying an additional 19,744,525 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Calpine Corporation by 10.0% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 46,778,625 shares of the utilities provider’s stock valued at $516,904,000 after buying an additional 4,260,215 shares during the last quarter. FMR LLC boosted its stake in shares of Calpine Corporation by 81.3% in the first quarter. FMR LLC now owns 9,346,866 shares of the utilities provider’s stock valued at $103,283,000 after buying an additional 4,192,693 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Calpine Corporation by 49.6% in the second quarter. First Trust Advisors LP now owns 4,962,179 shares of the utilities provider’s stock valued at $67,138,000 after buying an additional 1,644,994 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Calpine Corporation by 5.1% in the first quarter. Vanguard Group Inc. now owns 29,656,389 shares of the utilities provider’s stock valued at $327,703,000 after buying an additional 1,452,101 shares during the last quarter. 90.16% of the stock is owned by institutional investors.

Shares of Calpine Corporation (NYSE:CPN) opened at 14.92 on Friday. The firm has a market cap of $5.38 billion, a PE ratio of 112.18 and a beta of 1.02. The company’s 50-day moving average price is $13.90 and its 200 day moving average price is $12.26. Calpine Corporation has a 1-year low of $9.30 and a 1-year high of $14.93.

Calpine Corporation (NYSE:CPN) last posted its quarterly earnings results on Friday, July 28th. The utilities provider reported ($0.61) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.63. The company had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Calpine Corporation had a negative return on equity of 8.92% and a net margin of 0.57%. The business’s quarterly revenue was up 79.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.06 EPS. On average, analysts predict that Calpine Corporation will post $0.53 EPS for the current year.

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Several equities research analysts have recently weighed in on CPN shares. Royal Bank Of Canada reissued a “buy” rating and issued a $15.00 price target on shares of Calpine Corporation in a research note on Monday, July 24th. Morgan Stanley set a $11.00 price target on Calpine Corporation and gave the company a “hold” rating in a research note on Tuesday, July 11th. BidaskClub cut Calpine Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Zacks Investment Research cut Calpine Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Finally, Deutsche Bank AG set a $14.00 price target on Calpine Corporation and gave the company a “buy” rating in a research note on Thursday, May 11th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $14.80.

Calpine Corporation Company Profile

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.

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

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