Calpine Corporation (CPN) : Signpost Capital Advisors Lp scooped up 85,889 additional shares in Calpine Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 1,698,090 shares of Calpine Corporation which is valued at $21,616,686.Calpine Corporation makes up approximately 22.14% of Signpost Capital Advisors Lp’s portfolio.
Other Hedge Funds, Including , Norges Bank reduced its stake in CPN by selling 529,666 shares or 21.27% in the most recent quarter. The Hedge Fund company now holds 1,960,776 shares of CPN which is valued at $24,960,678. Calpine Corporation makes up approx 0.01% of Norges Bank’s portfolio.Blackrock Advisors reduced its stake in CPN by selling 85,365 shares or 3.52% in the most recent quarter. The Hedge Fund company now holds 2,338,511 shares of CPN which is valued at $29,769,245. Calpine Corporation makes up approx 0.03% of Blackrock Advisors’s portfolio.California Public Employees Retirement System reduced its stake in CPN by selling 71,700 shares or 6.4% in the most recent quarter. The Hedge Fund company now holds 1,048,140 shares of CPN which is valued at $14,170,853. Calpine Corporation makes up approx 0.02% of California Public Employees Retirement System’s portfolio. Fox Run Management L.l.c. added CPN to its portfolio by purchasing 10,900 company shares during the most recent quarter which is valued at $157,287. Calpine Corporation makes up approx 0.07% of Fox Run Management L.l.c.’s portfolio.
Calpine Corporation opened for trading at $12.49 and hit $12.73 on the upside on Monday, eventually ending the session at $12.59, with a gain of 1.04% or 0.13 points. The heightened volatility saw the trading volume jump to 28,84,936 shares. Company has a market cap of $4,522 M.
On the company’s financial health, Calpine Corporation reported $-0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.11 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $0.03. The company had revenue of $1164.00 million for the quarter, compared to analysts expectations of $1274.90 million. The company’s revenue was down -19.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.09 EPS.
Calpine Corporation (Calpine) is a wholesale power generator. The Company owns and operates natural gas-fired and geothermal power plants in North America. It sells wholesale power steam capacity renewable energy credits and ancillary services to its customers which include utilities independent electric system operators industrial and agricultural companies retail power providers municipalities power marketers and others. Its segments are West (including geothermal) Texas and East (including Canada). The Company’s portfolio consists of two types of power generation technologies: natural gas-fired combustion turbines which are primarily combined-cycle plants and renewable geothermal conventional steam turbines. It is also an owner and operator of industrial gas turbines as well as cogeneration power plants. It owns 88 power plants including one under construction plant with an aggregate generation capacity of 26548 megawatt (MW) and 309 MW under construction.