2 weeks Ago By ABMN Staff
Long Focus Capital Management LLC raised its holdings in Altus Power, Inc. ( NYSE:AMPS – Free Report ) by 427.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 549,081 shares of the company’s stock after buying an additional 445,000 shares during the period. Long Focus Capital Management LLC owned about 0.34% of Altus Power worth $2,152,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its stake in Altus Power by 7.
6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 44,257 shares of the company’s stock valued at $212,000 after acquiring an additional 3,116 shares in the last quarter.
ANTIPODES PARTNERS Ltd boosted its holdings in Altus Power by 17.0% during the first quarter. ANTIPODES PARTNERS Ltd now owns 35,198 shares of the company’s stock worth $168,000 after purchasing an additional 5,116 shares during the last quarter.
The Manufacturers Life Insurance Company grew its position in Altus Power by 24.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,771 shares of the company’s stock worth $125,000 after purchasing an additional 6,209 shares in the last quarter.
Bouvel Investment Partners LLC lifted its position in shares of Altus Power by 2.8% during the 1st quarter. Bouvel Investment Partners LLC now owns 305,673 shares of the company’s stock worth $1,461,000 after buying an additional 8,295 shares in the last quarter.
Finally, American Century Companies Inc. boosted its stake in shares of Altus Power by 14.3% in the 2nd quarter.
American Century Companies Inc. now owns 72,322 shares of the company’s stock worth $284,000 after buying an additional 9,062 shares during the last quarter. 46.
55% of the stock is owned by institutional investors. Altus Power Stock Performance Shares of AMPS stock opened at $3.25 on Friday.
The firm’s 50 day moving average is $3.40 and its 200 day moving average is $3.99.
The stock has a market capitalization of $521.76 million, a P/E ratio of -64.89 and a beta of 0.
96. Altus Power, Inc. has a 12 month low of $2.
80 and a 12 month high of $7.28. The company has a current ratio of 0.
91, a quick ratio of 0.91 and a debt-to-equity ratio of 2.18.
Analyst Upgrades and Downgrades AMPS has been the subject of a number of research analyst reports. Maxim Group decreased their price target on Altus Power from $5.50 to $4.
50 and set a “buy” rating for the company in a research report on Monday, August 12th. Roth Mkm cut their price target on shares of Altus Power from $5.00 to $4.
50 and set a “buy” rating on the stock in a report on Friday, August 9th. Seaport Res Ptn upgraded shares of Altus Power to a “strong-buy” rating in a report on Monday, June 3rd. B.
Riley raised shares of Altus Power to a “strong-buy” rating in a research report on Tuesday, June 25th. Finally, Morgan Stanley lowered shares of Altus Power from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $8.00 to $4.
00 in a research note on Wednesday, August 21st. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.
com, Altus Power currently has a consensus rating of “Buy” and an average price target of $6.00. Read Our Latest Stock Report on AMPS Altus Power Profile ( Free Report ) Altus Power, Inc, a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems.
It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc was founded in 2013 and is headquartered in Stamford, Connecticut. Further Reading Want to see what other hedge funds are holding AMPS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Altus Power, Inc. ( NYSE:AMPS – Free Report ). Receive News & Ratings for Altus Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altus Power and related companies with MarketBeat.
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