D’orazio Associates buys $182,061 stake in Talen Energy Corp (TLN)

Talen Energy Corp (TLN) : D’orazio Associates scooped up 1,470 additional shares in Talen Energy Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 13,051 shares of Talen Energy Corp which is valued at $182,061.Talen Energy Corp makes up approximately 0.07% of D’orazio Associates’s portfolio.

Other Hedge Funds, Including , Two Sigma Investments Lp reduced its stake in TLN by selling 37,855 shares or 43.25% in the most recent quarter. The Hedge Fund company now holds 49,661 shares of TLN which is valued at $692,771. Matarin Capital Management sold out all of its stake in TLN during the most recent quarter. The investment firm sold 22,123 shares of TLN which is valued $308,837.California State Teachers Retirement System boosted its stake in TLN in the latest quarter, The investment management firm added 1,700 additional shares and now holds a total of 178,516 shares of Talen Energy Corp which is valued at $2,492,083. Talen Energy Corp makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Blackrock Fund Advisors boosted its stake in TLN in the latest quarter, The investment management firm added 733,642 additional shares and now holds a total of 4,469,587 shares of Talen Energy Corp which is valued at $62,395,435. Talen Energy Corp makes up approx 0.01% of Blackrock Fund Advisors’s portfolio.

Talen Energy Corp closed down -0.02 points or -0.14% at $13.93 with 20,70,725 shares getting traded on Monday. Post opening the session at $13.95, the shares hit an intraday low of $13.92 and an intraday high of $13.98 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Talen Energy Corp reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Nov 10, 2016. Analyst had a consensus of $0.49. The company had revenue of $1238.00 million for the quarter, compared to analysts expectations of $926.30 million. The company’s revenue was down -6.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-3.12 EPS.

Talen Energy Corporation (Talen) is an energy and power generation company in the United States. The Company generates and sells electricity capacity and related products from a fleet of power plants that uses various fuel sources such as carbon-free nuclear natural gas and coal. Its plants are located in PJM (Mid-Atlantic) and ERCOT (Texas) two of the power markets in the United States. The Company also operates approximately three combined-cycle natural gas-fired power plants with over 2500 megawatts of generating capacity to its fleet which are located in New York western Massachusetts and western Arizona. The Company provides energy and power for homes and small and large businesses. Talen sells the output of its power plants to regional transmission organizations independent system operators utilities cooperatives municipalities and power marketers as well as commercial and industrial small business and residential customers.

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