Castleton Investment Management LLC acquired a new position in shares of Calpine Co. (NYSE:CPN) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 20,000 shares of the utilities provider’s stock, valued at approximately $295,000.

Several other large investors have also added to or reduced their stakes in CPN. Aviva PLC boosted its position in shares of Calpine by 18.9% in the 2nd quarter. Aviva PLC now owns 227,447 shares of the utilities provider’s stock valued at $3,077,000 after purchasing an additional 36,120 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Calpine in the 2nd quarter valued at about $9,242,000. IndexIQ Advisors LLC acquired a new stake in shares of Calpine in the 3rd quarter valued at about $14,516,000. Gamco Investors INC. ET AL acquired a new stake in shares of Calpine in the 3rd quarter valued at about $3,022,000. Finally, Commonwealth Bank of Australia boosted its position in shares of Calpine by 20.0% in the 2nd quarter. Commonwealth Bank of Australia now owns 110,622 shares of the utilities provider’s stock valued at $1,496,000 after purchasing an additional 18,400 shares during the period. 85.98% of the stock is owned by institutional investors and hedge funds.

Calpine Co. (CPN) traded up $0.03 during trading on Thursday, reaching $15.08. The company’s stock had a trading volume of 4,753,300 shares, compared to its average volume of 6,019,362. Calpine Co. has a 52 week low of $9.30 and a 52 week high of $15.11. The company has a quick ratio of 1.10, a current ratio of 1.33 and a debt-to-equity ratio of 3.39.

A number of analysts recently issued reports on the company. SunTrust Banks reissued a “hold” rating and issued a $15.00 target price on shares of Calpine in a research report on Friday, November 17th. Royal Bank Of Canada reissued a “hold” rating and issued a $15.25 target price on shares of Calpine in a research report on Monday, October 30th. Zacks Investment Research cut Calpine from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. Citigroup cut Calpine from a “buy” rating to a “neutral” rating and upped their target price for the company from $15.00 to $15.25 in a research report on Friday, September 8th. Finally, Macquarie cut Calpine from an “outperform” rating to a “neutral” rating in a research report on Thursday, August 31st. Ten analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Calpine has an average rating of “Hold” and a consensus target price of $15.08.

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Calpine 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 (NYSE:CPN)

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