Talen Energy Corporation (NASDAQ:TLN) Stock Holdings Decreased by Virtu Financial LLC

Virtu Financial LLC lessened its position in shares of Talen Energy Corporation (NASDAQ:TLN - Free Report) by 94.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,018 shares of the utilities provider's stock after selling 17,211 shares during the period. Virtu Financial LLC's holdings in Talen Energy were worth $205,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Monarch Alternative Capital LP bought a new position in shares of Talen Energy during the third quarter worth about $258,448,000. William Blair Investment Management LLC bought a new position in Talen Energy in the 4th quarter worth about $239,984,000. Sachem Head Capital Management LP acquired a new stake in shares of Talen Energy in the third quarter valued at approximately $167,724,000. FMR LLC acquired a new stake in shares of Talen Energy in the third quarter valued at approximately $141,363,000. Finally, Atalan Capital Partners LP bought a new stake in shares of Talen Energy during the third quarter valued at approximately $126,016,000. Institutional investors own 0.38% of the company's stock.

Talen Energy Price Performance

Shares of NASDAQ:TLN traded up $7.29 on Wednesday, reaching $214.73. 1,098,119 shares of the company traded hands, compared to its average volume of 1,120,197. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.10 and a quick ratio of 3.37. The stock has a market capitalization of $9.77 billion, a PE ratio of 11.50, a P/E/G ratio of 2.70 and a beta of 2.00. The company's 50 day moving average is $215.18 and its 200-day moving average is $193.13. Talen Energy Corporation has a fifty-two week low of $98.50 and a fifty-two week high of $258.03.

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Analyst Upgrades and Downgrades

Several research firms recently commented on TLN. JPMorgan Chase & Co. lowered their target price on Talen Energy from $295.00 to $265.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Daiwa Capital Markets set a $200.00 price objective on shares of Talen Energy in a research note on Wednesday, March 5th. Bank of America started coverage on shares of Talen Energy in a report on Monday, February 3rd. They issued a "buy" rating and a $253.00 price objective for the company. Oppenheimer boosted their price target on shares of Talen Energy from $225.00 to $250.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Finally, Morgan Stanley started coverage on shares of Talen Energy in a report on Wednesday, March 12th. They issued an "overweight" rating and a $243.00 price objective for the company. Twelve equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $241.09.

About Talen Energy

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.