Economy

OxFORD Asset Management LLP Grows Holdings in Portland General Electric Company (POR)

It closed at $42.65 lastly. It is down 28.79% since October 19, 2016 and is uptrending. It has outperformed by 3.70% the S&P500. The correct version of this news story can be read at https://stocknewstimes.com/2017/10/19/j-p-morgan-chase-co-reaffirms-sell-rating-for-general-electric-company-ge.html. The stock decreased 0.70% or $0.32 during the last trading session, reaching $45.18. On average, equities analysts expect that Portland General Electric Company will post $2.23 earnings per share for the current fiscal year. It has underperformed by 21.16% the S&P500. Gagnon Secs Lc has 24,601 shares for 0.18% of their portfolio. 12,010 are owned by Suntrust Banks Inc. The insider Browne L Daniel sold 32,000 shares worth $649,250. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Therefore 14% are positive. As per Wednesday, August 5, the company rating was upgraded by Zacks. RBC Capital Markets maintained the shares of STBA in report on Wednesday, July 22 with "Sector Perform" rating. On Friday, August 18 the stock rating was maintained by Roth Capital with "Buy". The company was maintained on Friday, July 7 by Stifel Nicolaus. The firm earned "Buy" rating on Wednesday, October 14 by S&P Research. The company now has an average rating of "Hold" and an average price target of $44.60. As per Monday, July 17, the company rating was maintained by Cowen & Co.

Investors of record on Monday, September 25th were paid a $0.34 dividend. Its up 0.10, from 1.28 in 2017Q1. It increased, as 20 investors sold Portland General Electric Company shares while 75 reduced holdings.

Several hedge funds have recently added to or reduced their stakes in GE. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of General Electric by 1,011.3% during the 2nd quarter. Capital Glob Investors has 91.21M shares for 0.77% of their portfolio. Carnegie Cap Asset Mngmt Lc owns 151,000 shares for 0.47% of their portfolio. Raymond James Services Advisors Inc accumulated 0% or 26,279 shares. Rhumbline Advisers reported 25,333 shares. Legal & General Grp Public Ltd Llc owns 68,365 shares for 0% of their portfolio.

Fpr Partners Llc holds 6.74% of its portfolio in WABCO Holdings Inc. for 2.46 million shares. JPMorgan Chase & Co. boosted its holdings in Portland General Electric by 0.9% in the second quarter. Alps Advsrs reported 0.01% in Revance Therapeutics Inc (NASDAQ:RVNC). Koshinski Asset Management accumulated 7,645 shares. Conning Inc owns 13,014 shares or 0.01% of their United States portfolio. Rothschild Asset Incorporated holds 0.27% or 531,674 shares.

Analysts await Revance Therapeutics Inc (NASDAQ:RVNC) to report earnings on November, 2. During the same period in the previous year, the company posted $0.42 EPS.

Banque Pictet & Cie Sa increased Spdr Series Trust (XRT) stake by 13,630 shares to 119,740 valued at $4.88 million in 2017Q2. It also upped Inphi Corp. Tiger Mngmt Lc owns 732,081 shares or 3.81% of their U.S. portfolio. Aecom (NYSE:ACM) was raised too.

Shares of General Electric (NYSE GE) opened at 23.12 on Thursday. They expect $0.34 EPS, down 33.33% or $0.17 from last year's $0.51 per share. The stock has a market cap of $4.02 billion, a P/E ratio of 20.17 and a beta of 0.28. After $0.36 actual earnings per share reported by Portland General Electric Company for the previous quarter, Wall Street now forecasts 5.56% EPS growth.

Investors sentiment increased to 1.38 in Q2 2017. Its up 0.10, from 1.28 in 2017Q1. Lpl Fincl Ltd Company has 0.01% invested in Apollo Global Management LLC (NYSE:APO). Franklin Resources Inc. boosted its stake in shares of General Electric by 43.8% during the 2nd quarter. Hbk Investments LP sold 1.28M shares as General Electric Co (GE)'s stock declined 7.64%. Apriem has 0.19% invested in Apollo Global Management LLC (NYSE:APO) for 27,725 shares. Confluence Wealth Limited Liability Company holds 0.17% or 11,584 shares in its portfolio. State Board Of Administration Of Florida Retirement Systems accumulated 34,010 shares. Psagot Invest House reported 0% stake. Park Natl Oh holds 1.41% in General Electric Company (NYSE:GE) or 876,913 shares. (The) set a $29.00 price objective on shares of General Electric and gave the company a "neutral" rating in a research report on Friday, July 7th. Eaton Vance Mgmt reported 210,942 shares stake. Buckhead Cap Lc has 416,870 shares for 2.05% of their portfolio. Aperio Ltd Company holds 65,333 shares. Becker Cap Management reported 0.01% stake. Finally, Williams Capital lowered shares of Portland General Electric from a "hold" rating to a "sell" rating and reduced their price target for the company from $44.00 to $41.00 in a research report on Monday, July 24th. Therefore 14% are positive. The stock of Portland General Electric Company (NYSE:POR) earned "Hold" rating by KeyBanc Capital Markets on Thursday, October 12. The rating was maintained by Citigroup with "Neutral" on Friday, July 21. Credit Suisse maintained General Electric Company (NYSE:GE) rating on Thursday, October 5. The stock has "Equal-Weight" rating by Morgan Stanley on Monday, October 2. The stock of S & T Bancorp Inc (NASDAQ:STBA) has "Neutral" rating given on Wednesday, November 16 by PiperJaffray. The firm has "Hold" rating given on Monday, July 17 by Oppenheimer. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: "General Electric: Death Spiral Opens Door For Unthinkable" published on October 18, 2017 as well as Fool.com's news article titled: "General Electric Company's CFO Is Leaving". BMO Capital Markets maintained it with "Hold" rating and $45.0 target in Tuesday, September 5 report.

Since May 15, 2017, it had 3 insider buys, and 0 insider sales for $3.37 million activity. $270,600 worth of stock was sold by Nicholson William O on Tuesday, May 16. Beattie William G bought 16,000 shares worth $448,800.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


19 October 2017
Reps Ask Ports Authority To Reinstate Intels' Contract
Also in support of the motion, Ekpo Attah (Akwa-Ibom-PDP) said the motion is important and "status quo" should be maintained. The committee is to ascertain if due process was followed in the termination of the agreement and other related matters.

19 October 2017
Amanda Staveley set to make quick bid for Newcastle United
Amanda Staveley has launched a £300million bid to buy Newcastle United, just days after Mike Ashley put the club up for sale. Mike Ashley's lawyer Andrew Henderson has issued a statement in relation to the proposed takeover of Newcastle United .

19 October 2017
Algeria Will Defend Honour Vs Super Eagles — Madjer
Madjer became a legend as he helped the Algerian side win their first and last African Cup at home in 1990. The fresh decision comes days after Algeria sacked their Spanish manager Lucas Alcaraz on Wednesday.

19 October 2017
Verition Fund Management LLC Invests $665000 in Archer-Daniels-Midland Company (ADM)
After having $0.57 EPS previously, Archer Daniels Midland Company's analysts see 12.28% EPS growth. (NYSE:TYG) for 167,667 shares. Also, it has an estimated price-earnings (P/E) multiple of 15.27 and a trailing 12-month price-earnings (P/E) multiple of 18.43.

19 October 2017
Influential Analyst Rating Changes: Compass Minerals International, Inc. (CMP), MarineMax, Inc. (HZO)
Therefore 50% are positive. 02/12/2014 - Compass Minerals International, Inc. was upgraded to "buy" by analysts at TheStreet. The firm has "Buy" rating by Stifel Nicolaus given on Thursday, July 13. (NASDAQ:BLKB) to report earnings on November, 7.

19 October 2017
CBI to look into private investigator's revelations on Bofors case
For too long the Congress has kept conveniently quiet. "Indians have always been asking for accountability on the Bofors scam". "Facts and circumstances as mentioned in the interview will be looked into as per due process by the CBI", he said.

19 October 2017
Xavier Rolet to leave LSEG
The wider LSE Group was formed in October 2007 when the London Stock Exchange merged with Milan stock exchange Borsa Italiana. He nonetheless added that he was confident the LSE would appoint a qualified, capable successor in due course.

19 October 2017
Baxter International Inc. (NYSE:BAX) Analysts See 5.3%
Navellier & Associates Inc, which manages about $2.37 billion and $669.30M US Long portfolio, upped its stake in Boeing Co. Of the analysts who provided ratings, 9 rated the company a Hold, 1 rated it a Strong Sell, and 5 rated it a Strong Buy.

19 October 2017
English FA bosses face calls to quit over Sampson affair
A report of Newton's reopened investigation was released as FA bosses and Aluko faced a parliamentary inquiry on Wednesday. Clarke and Glenn are heavily involved in England's World Cup preparations for Russian Federation next summer.

19 October 2017
Xiaomi Redmi Note 5 with Snapdragon 617 spotted on Geekbench
Interestingly, the latest mid-end chipset is created to support the new 18:9 aspect ratio displays that are now becoming common. Xiaomi has done this before when bringing its handsets from China to India, so it's not completely out of the question.



Recommended