Economy

Portland General Electric Company (POR) Shares Sold by Rhumbline Advisers

Portland General Electric Company (POR) Shares Sold by Rhumbline Advisers”

The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. KeyCorp restated a "hold" rating on shares of Portland General Electric in a report on Friday, September 1st. The firm owned 121,380 shares of the utilities provider's stock after selling 3,333 shares during the quarter.

In related news, Director Charles Yamarone sold 3,500 shares of the firm's stock in a transaction dated Thursday, June 22nd. General Electric Company had a return on equity of 15.99% and a net margin of 6.86%. BlackRock Inc. raised its position in Portland General Electric by 9,433.7% during the 1st quarter. The stock rose 0.12% or $0.03 reaching $24.14 per share. Following the transaction, the chief executive officer now owns 509,430 shares in the company, valued at approximately $13,021,030.80. The stock increased 0.62% or $0.15 during the last trading session, reaching $24.26. About 24.45M shares traded. Patten Group Inc.'s holdings in General Electric Company were worth $1,486,000 as of its most recent SEC filing. It has underperformed by 4.60% the S&P500. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Therefore 0 are positive. On average, equities research analysts anticipate that Portland General Electric will post $2.22 EPS for the current fiscal year. The rating was downgraded by JP Morgan on Wednesday, October 28 to "Underweight". The company has market cap of $209.74 billion. (NYSE:RAI) on Thursday, August 25 with "Neutral" rating. The rating was upgraded by S&P Research to "Strong Buy" on Wednesday, July 29. As per Tuesday, June 13, the company rating was maintained by Stifel Nicolaus. The firm has "Neutral" rating given on Friday, December 16 by JP Morgan. Its down 0.34, from 1.7 in 2016Q3. On Monday, May 1 the insider Conner Raymond L. sold $1.95M. State Street Corp boosted its stake in shares of El Paso Electric by 5.8% during the first quarter. 5,047 shares were sold by Hyslop Gregory L, worth $922,738. The stock's short float is around of 1.22% and short ratio is 2.78. FANCHER SCOTT W sold $499,603 worth of stock. (NYSE:RAI) for 72,194 shares.

Natixis Asset Management decreased Xcel Energy Inc. (NYSE:RAI) for 32.08M shares. It also reduced Lauder Estee Cos Inc. Factory Mutual Insurance Com stated it has 2.98M shares. Western Digital Corp. (NASDAQ:WDC) was reduced too. Portland General Electric earned a media sentiment score of 0.25 on Accern's scale. Its up 0.10, from 1.28 in 2016Q3. 137 funds opened positions while 378 raised stakes. 661.97 million shares or 2.94% more from 643.05 million shares in 2016Q3 were reported. Supplemental Annuity Collective Trust Of Nj invested 1.03% in Boeing Co (NYSE:BA). Dupont Mngmt Corporation accumulated 174,176 shares. Atwood & Palmer reported 481,838 shares. About 4,734 shares traded. 21,772 were accumulated by Weybosset Research & Ltd Liability Co. Johnson Inv Counsel Inc owns 7,005 shares. Nordea Invest Ab reported 0.01% stake. (NYSE:RAI). Opus Inv Mgmt stated it has 0.2% of its portfolio in Reynolds American, Inc. Daiwa Securities Gp Inc holds 0.04% of its portfolio in Expedia Inc (NASDAQ:EXPE) for 49,336 shares. Banque Pictet & Cie Sa accumulated 0.16% or 39,628 shares.

Investors sentiment decreased to 0.79 in 2016 Q4. It increased, as 21 investors sold Portland General Electric Company shares while 78 reduced holdings. Susquehanna International Grp Llp, a Pennsylvania-based fund reported 1.50 million shares. Campbell Newman Asset Mngmt Incorporated holds 0.62% or 102,746 shares. Mondrian Invest Prns Ltd reported 2,200 shares. Letko Brosseau Assocs owns 5.73 million shares for 1.66% of their portfolio. Point72 Asset Ltd Partnership stated it has 564,100 shares or 0.45% of all its holdings. Estabrook Capital holds 812,194 shares or 0% of its portfolio. Piedmont Investment Advsrs Limited Liability Company holds 1.94 million shares or 0% of its portfolio.

General Electric Company (GE) stock directed -18.32% toward a lower level throughout previous year and swapped -3.50% toward a weak spot during past one month. Federated Investors Pa holds 0.05% of its portfolio in Portland General Electric Company (NYSE:POR) for 347,846 shares. Noesis Capital Mangement Corporation has invested 0.94% in General Electric Company (NYSE:GE). Gam Hldg Ag holds 12,903 shares. At State Bank owns 115,743 shares for 0.49% of their portfolio. Chatham Cap Group Incorporated Inc reported 0.35% stake.

Greenleaf Trust, which manages about $3.81 billion US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 11,554 shares to 155,658 shares, valued at $18.03 million in 2016Q4, according to the filing. It also reduced Tyson Foods Inc (NYSE:TSN) stake by 20,575 shares and now owns 42,270 shares.

Among 23 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 3 Sell and 9 Hold. Therefore 48% are positive.

Portland General Electric Company (POR) formed multiple top with $48.50 target or 3.00% above today's $47.09 share price. Oppenheimer downgraded the shares of GE in report on Monday, September 21 to "Perform" rating.

07/21/2017 - General Electric Company had its "outperform" rating reiterated by analysts at Credit Suisse. On Thursday, September 3 the stock rating was maintained by Bernstein with "Outperform".

Portland General Electric (NYSE:POR) last released its earnings results on Friday, July 28th. The company was upgraded on Tuesday, July 21 by TheStreet. I.G. Investment Management LTD. boosted its stake in shares of General Electric Company by 168.7% in the second quarter. The firm has "Hold" rating by CFRA given on Friday, July 21. Goldman Sachs downgraded the stock to "Neutral" rating in Tuesday, July 28 report. Acadian Asset Management LLC now owns 7,870,526 shares of the company's stock valued at $233,124,000 after buying an additional 2,998,167 shares during the period. Beattie William G bought $448,800 worth of stock.

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