2,920 Shares in Talen Energy Corporation (NASDAQ:TLN) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new position in Talen Energy Corporation (NASDAQ:TLN - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,920 shares of the utilities provider's stock, valued at approximately $520,000.

A number of other institutional investors have also made changes to their positions in the business. Roubaix Capital LLC acquired a new position in shares of Talen Energy in the 3rd quarter worth approximately $11,234,000. Monarch Alternative Capital LP acquired a new stake in shares of Talen Energy during the 3rd quarter worth about $258,448,000. M&G PLC bought a new position in shares of Talen Energy in the third quarter valued at approximately $14,797,000. River Road Asset Management LLC bought a new stake in shares of Talen Energy during the third quarter worth $277,653,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Talen Energy during the third quarter worth approximately $1,411,000. 0.38% of the stock is currently owned by institutional investors.

Talen Energy Stock Down 0.9 %

Shares of NASDAQ:TLN traded down $1.96 during midday trading on Friday, reaching $207.46. 371,938 shares of the company were exchanged, compared to its average volume of 670,646. The firm has a market cap of $10.55 billion and a PE ratio of 11.11. Talen Energy Corporation has a fifty-two week low of $58.28 and a fifty-two week high of $230.89. The stock has a fifty day simple moving average of $187.01 and a two-hundred day simple moving average of $132.47. The company has a quick ratio of 3.37, a current ratio of 4.10 and a debt-to-equity ratio of 1.07.

Analyst Ratings Changes

A number of research firms have issued reports on TLN. Guggenheim upped their target price on shares of Talen Energy from $219.00 to $246.00 and gave the company a "buy" rating in a research report on Tuesday, October 8th. Barclays increased their price target on Talen Energy from $202.00 to $245.00 and gave the company an "overweight" rating in a research note on Friday. Oppenheimer lifted their price objective on Talen Energy from $225.00 to $250.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. Daiwa Capital Markets began coverage on Talen Energy in a report on Wednesday, December 4th. They set a "buy" rating and a $248.00 target price on the stock. Finally, Jefferies Financial Group initiated coverage on Talen Energy in a research note on Friday, September 13th. They issued a "buy" rating and a $226.00 price target for the company. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Talen Energy presently has an average rating of "Buy" and a consensus price target of $222.40.

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.