Portland General Electric Company (NYSE:POR) Analyst Coverage

Mar 03, 2017, 00:16
Portland General Electric Company (NYSE:POR) Analyst Coverage

General Electric Company (NYSE:GE) 's clean energy startup, Current, is partnering with AT&T to sell internet-connected sensors to cities in the USA and Mexico. Farmers & Merchants Investments Inc. now owns 350,485 shares of the company's stock valued at $10,381,000 after buying an additional 9,113 shares during the period. First Pacific Advisors LLC increased its position in General Electric Company by 2.4% in the second quarter.

A number of other research firms also recently weighed in on EMR. General Electric Company (GE) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.24. BlackRock Fund Advisors now owns 2,605,353 shares of the company's stock worth $110,962,000 after buying an additional 277,820 shares in the last quarter. The company's outstanding shares are 242.42 Million. General Electric Company comprises approximately 2.3% of Holderness Investments Co.'s portfolio, making the stock its 8th largest position. Global X Management Co. Finally, Barnett & Company Inc. increased its position in General Electric Company by 12.6% in the third quarter. Following the sale, the insider now directly owns 738,907 shares of the company's stock, valued at approximately $21,842,090.92. Welch Group LLC increased its stake in Emerson Electric Company by 2.7% in the third quarter. The volume of the company in the last trading session was 6.06 Million. Stockman Asset Management increased its stake in Emerson Electric Company by 1.7% in the third quarter. The firm owned 81,276 shares of the company's stock after buying an additional 1,708 shares during the period.

Hedge funds have recently bought and sold shares of the stock. Following the completion of the transaction, the insider now directly owns 68,757 shares in the company, valued at $2,037,269.91.

The company's ATR (Average True Range) is 0.69. The current share price indicate that stock is -7.54% away from its one year high and is moving 7.39% ahead of its 52-week low. The company has a market capitalization of $277.42 billion, a P/E ratio of 26.96 and a beta of 1.20. The correct version of this piece can be accessed at https://www.com-unik.info/2017/03/01/fort-pitt-capital-group-llc-lowers-position-in-general-electric-company-ge.html. The company reported $0.32 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.32. According to their predictions High & Low revenue estimates are 3.6 Billion and 3.38 Billion respectively.

11/22/2016 - Portland General Electric Company was downgraded to "underperform" by analysts at Bank of America Merrill Lynch.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 25th. On average, equities research analysts predict that General Electric Company will post $1.49 earnings per share for the current fiscal year. Shareholders of record on Monday, February 27th will be given a dividend of $0.24 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.86%. General Electric Company's quarterly revenue was down 2.4% compared to the same quarter past year. The ex-dividend date is Thursday, March 23rd. General Electric Company's payout ratio is presently 106.67%.

GE has been the topic of several analyst reports. The 52-week range of the share price is from $48.45 - $64.36. RBC Capital Markets set a $37.00 target price on shares of General Electric Company and gave the company a buy rating in a research note on Thursday, December 15th. Vetr raised shares of General Electric Company from a "hold" rating to a "buy" rating and set a $32.04 price target for the company in a research report on Monday, September 26th.

11/04/2016 - Guggenheim began new coverage on Portland General Electric Company giving the company a "neutral" rating.

20 analysts projected Price Targets for Emerson Electric Co. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The company has an average rating of "Hold" and a consensus target price of $55.12.

In other news, Vice Chairman David Leon Joyce sold 159,662 shares of the stock in a transaction that occurred on Friday, February 3rd.

For the ongoing Fiscal Quarter, 6 analysts have an average earnings forecast of $0.55 per share. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock's prospects going forward.

YOU MIGHT ALSO LIKE
  • Tourists will go to the moon with SpaceX

    Tourists will go to the moon with SpaceX

    Musk calls this planned expedition an "important milestone as we work towards our ultimate goal of transporting humans to Mars". NASA's Commercial Crew Program, which provided most of the funding for Dragon 2 development, is a key enabler for this mission.

    Severe storm chances linger into evening hours

    The storms are moving in from the west, this evening, some of which will be capable of damaging winds and isolated tornadoes. Along with tornadoes, damaging winds in excess of 60 miles per hour will be a threat, along with large hail and heavy rain.
    Anti-Netanyahu protesters march through Sydney

    Anti-Netanyahu protesters march through Sydney

    These are the words that come to mind when I think of my life as a Palestinian. "But then you're just not going to have a deal". He also visited the Moriah College Jewish day school in Sydney, where he sat in on a Hebrew class and spoke to the students.
  • Suspect who cops say shot at pipeline killed after chase

    Suspect who cops say shot at pipeline killed after chase

    The suspect then opened fire at the trooper and deputies before he was fatally shot, the Florida Highway Patrol said . A man died in a shootout with deputies from the Citrus County Sheriff's Office and Florida State Troopers on Sunday.

    Buffett's Berkshire says quarterly profit rises 15 percent

    The index fund is up 85.4 percent, Buffett said, while the hedge fund groups are up between 2.9 percent and 62.8 percent. Berkshire generated $58.3 billion revenue in the quarter, up from $51.7 billion a year earlier.
    Jets pick up draft pick; Giants fall 10 spots as punishment

    Jets pick up draft pick; Giants fall 10 spots as punishment

    Compensatory draft picks can be confusing to some, so here's a quick explanation of how they are awarded. Today the league announced which teams will be receiving compensatory picks for the upcoming NFL draft.
  • Elina Svitolina beats Caroline Wozniacki to win Dubai Championships

    Elina Svitolina beats Caroline Wozniacki to win Dubai Championships

    Bellis surprised No. 27-ranked Yulia Putintseva 6-1, 7-5 in Dubai's first round, rallying from 5-1 down in the second set. The youngest American to defeat a top-10 opponent since Wimbledon 2009, when Melanie Oudin eliminated Jankovic.

    Bulls nearing trade sending Doug McDermott, Taj Gibson to Thunder

    Chicago Bulls forward/center Bobby Portis will start at power forward Friday night versus the Phoenix Suns. Payne was picked 14th in the 2015 draft and has struggled in his first two years in the league.
    Bomb threat phoned into Jewish Community Center, center was

    Bomb threat phoned into Jewish Community Center, center was "safely evacuated"

    The Jewish Community Center in Albuquerque was evacuated Monday morning after it received a bomb threat via telephone. The facility was last evacuated January 31, following a "non-credible" threat, and then reopened later the same day.
  • Telstra to launch LTE-Broadcast this year

    Telstra to launch LTE-Broadcast this year

    Telstra and Ericsson have announced they will be deploying a Cat M1 Internet of Things (IoT) network throughout Australia, with trials now taking place in Melbourne and Tasmania.
    Paul: Stop 'hysteria' on Trump, Russia probe

    Paul: Stop 'hysteria' on Trump, Russia probe

    He said it would be inappropriate for someone connected to President Trump's campaign to lead an investigation. But at this point, we don't have that".
    'People's Court' Judge Joseph Wapner Dead at 97

    'People's Court' Judge Joseph Wapner Dead at 97

    Wapner leaves behind two other children and a wife, Mickey, whom he married in 1946 at the age of 27. Wapner died at home in his sleep Sunday, Feb. 26, 2017, according to his son, David Wapner.
popular