Fred Alger Management Reduces $223M in Talen Energy Corporation ($TLN)
Key Points
- Fred Alger Management changed its Talen Energy Corporation ($TLN) stake by 34.3% last quarter, cutting to 1,185,953 shares worth $427.58 million.
- Wall Street's consensus rating on $TLN is Buy and an average price target of $472.18.
- $TLN last traded around $360.54.
Fred Alger Management reduced its position in Talen Energy Corporation ($TLN) by 34.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,185,953 shares of Talen Energy Corporation after selling 618,141 shares during the quarter. Fred Alger Management's holdings in Talen Energy Corporation were worth $427.58 million as of its most recent filing.
Talen Energy Corporation ($TLN) Stock
Talen Energy Corporation Earnings
Analysts Set New Price Targets
About Talen Energy Corporation
Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company's plants generate power using a variety of fuels, such as nuclear, fossil, oil, natural gas, and coal power plants. It owns and operates approximately 13.1 GW of power infrastructure. Talen Energy Corporation was incorporated in 2014 and is headquartered in Houston, Texas.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.