Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Talen Energy Corporation (NASDAQ:TLN – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 9,044 shares of the utilities provider’s stock, valued at approximately $1,822,000.
Several other large investors have also recently made changes to their positions in the company. Rubric Capital Management LP acquired a new position in Talen Energy during the third quarter worth $2,026,342,000. Monarch Alternative Capital LP acquired a new position in Talen Energy during the third quarter worth $258,448,000. Mirabella Financial Services LLP acquired a new position in Talen Energy during the third quarter worth $168,108,000. Sachem Head Capital Management LP acquired a new position in Talen Energy during the third quarter worth $167,724,000. Finally, FMR LLC acquired a new position in Talen Energy during the third quarter worth $141,363,000. 0.38% of the stock is currently owned by institutional investors and hedge funds.
Talen Energy Trading Up 1.0 %
Shares of TLN opened at $207.00 on Tuesday. The company has a current ratio of 4.10, a quick ratio of 3.37 and a debt-to-equity ratio of 1.07. Talen Energy Corporation has a 12-month low of $98.50 and a 12-month high of $258.03. The firm has a 50-day moving average price of $219.57 and a 200 day moving average price of $186.06. The firm has a market capitalization of $9.51 billion, a P/E ratio of 11.08, a P/E/G ratio of 2.70 and a beta of 2.00.
Analyst Ratings Changes
View Our Latest Stock Analysis on TLN
Talen Energy Company Profile
Talen Energy Corporation is a U.S.-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.
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