TerraForm Power (NASDAQ:TERP) Receives Media Impact Rating of 0.15

Brunilde Fioravanti
Ottobre 17, 2017

Presently, the 14-day ADX for Terraform Power Inc (TERP) is 23.90. (NASDAQ:TERP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. Alpine Woods Capital Investors LLC now owns 1,195,600 shares of the solar energy provider's stock valued at $14,347,000 after acquiring an additional 112,600 shares during the period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC grew its position in shares of TerraForm Power by 0.6% during the first quarter.

The share price of the company (NASDAQ:TERP) was down -3.67%, with a high of 11.80 during the day and the volume of TerraForm Power, Inc. shares traded was 735689. LMR Partners LLP bought a new position in shares of TerraForm Power in the 2nd quarter worth about $233,000. Finally, Russell Investments Group Ltd. acquired a new stake in TerraForm Power in the first quarter valued at $400,000. Institutional investors and hedge funds own 80.76% of the company's stock.

03/30/2016 - TerraForm Power, Inc. was downgraded to "neutral" by analysts at JP Morgan. "(TERP)" was posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright laws. UBS Asset Management Americas Inc. now owns 27,138 shares of the solar energy provider's stock worth $326,000 after buying an additional 323 shares in the last quarter. The stock now has a consensus rating of "Hold" and a consensus price target of $12.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 34.55% of the company's stock.

Over the past 50 days, TerraForm Power, Inc. stock's -6.77% off of the high and 9.49% removed from the low. After a recent check, the 200-day MA is resting at 12.47, and the 50-day is 13.23. The firm's market capitalization is $1.57 billion. The solar energy provider reported ($0.94) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.63). The firm had revenue of $135.22 million during the quarter. TerraForm Power had a negative net margin of 20.92% and a negative return on equity of 5.75%. Equities analysts expect that TerraForm Power, Inc. will post ($0.73) earnings per share for the current year. Zacks Investment Research upgraded shares of TerraForm Power from a "sell" rating to a "hold" rating in a research report on Wednesday, July 19th. BidaskClub raised TerraForm Power from a "hold" rating to a "buy" rating in a report on Monday, July 31st. TerraForm Power now has an average rating of "Hold" and a consensus target price of $12.88. Finally, TheStreet raised TerraForm Power from a "d" rating to a "c-" rating in a report on Monday.

In other TerraForm Power news, major shareholder Brookfield Asset Management In sold 625,000 shares of the stock in a transaction on Monday, October 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

TerraForm Power (NASDAQ TERP) opened at 12.61 on Thursday. Over the past twelve months, TerraForm Power, Inc. The Company's 2,967 megawatts renewable energy portfolio enables power production around the clock. This includes solar and wind assets located in the United States, Canada, the United Kingdom and Chile. Its clean power generation assets serve utility, commercial and residential customers.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE