First Republic Investment Management Inc. owned 1.19% of Portland General Electric worth $41,637,000 at the end of the most recent reporting period. General Electric Company makes up approx 0.58% of Capital Investment Advisors’s portfolio.Windward Capital Management Co Ca boosted its stake in GE in the latest quarter, The investment management firm added 95 additional shares and now holds a total of 7,873 shares of General Electric Company which is valued at $259,100.
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General Electric Company (NYSE:GE) now has mean rating of 2.3 while 4 analyst have recommended the shares as “BUY”, 5 commented as “OUTPERFORM” and 9 commented as “HOLD”. Norges Bank bought a new stake in Portland General Electric during the fourth quarter worth about $22,523,000. Technical Forecast While evaluating Portland General Electric Co Co on the technical side, it is seen that the firm’s shares price is at $1.32, which is +3.04% off 50-day MA of $43.28.
Other Hedge Funds, Including, Capital Investment Advisors boosted its stake in GE in the latest quarter, The investment management firm added 4,222 additional shares and now holds a total of 198,245 shares of General Electric Company which is valued at $6,355,735. The Company’s products and services range from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products. The company’s revenue was up 14.6% compared to the same quarter a year ago.
Shares in General Electric Company have risen as high as 33 in the past 52 weeks whilst the lowest price in the last 52 weeks has been 19.37. (NYSE:POR) traded down 0.38% on Wednesday, reaching $44.11. The company’s shares were sold on the day by 2% higher volume.
Despite the poor performance of General Electric throughout the year, the stock trades in green in terms of year-to-date (YTD) performance and is up by 1.26%.
Portland General Electric (NYSE:POR) last posted its quarterly earnings data on Friday, April 29th.
On the company’s financial health, General Electric Company reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 22, 2016.
For the next one year, EPS estimate is set at $1.74 by 18 analysts although a year ago the analysts recommended the company’s EPS at $1.51. The company had revenue of $33494.00 million for the quarter, compared to analysts expectations of $31573.67 million.
The business also recently declared a quarterly dividend, which was paid on Monday, July 25th. For now, Portland General Electric Company (NYSE:POR) P/E ratio is 21.28.
A number of other brokerages have also recently issued reports on GE. Stifel Nicolaus restated a “buy” rating and set a $34.00 target price on shares of General Electric in a report on Friday, April 1st. Credit Suisse Group AG reissued a “buy” rating on shares of General Electric in a research note on Saturday, July 9th.
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Vetr members have given General Electric a Hold rating and $30.96 price target. And roundups of analyst notes show that 4 are rating the stock a buy while 5 rate GE a strong buy. Its Chairman and CEO IMMELT JEFFREY R Purchased 67,600 company shares for $2000000.28, in a transaction on 2016-05-20. This price target highlights the recommendations of leading experts in the market. Catamount Wealth Management now owns 3,451 shares of the company’s stock worth $110,000 after buying an additional 901 shares during the period. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
