Economy

The Guggenheim Begins Coverage on Portland General Electric Co. (POR)

The company had revenue of $449.00 million during the quarter, compared to analyst estimates of $465.70 million. Its down 3.36% from 3.72 million shares previously. It has outperformed by 23.50% the S&P500.

Sound Shore Management Inc increased General Electric Company (GE) stake by 0.86% reported in 2017Q2 SEC filing. BlueMountain Capital Management LLC now owns 5,489 shares of the utilities provider's stock valued at $251,000 after purchasing an additional 17 shares during the period. General Electric Co now has $176.71B valuation. The stock decreased 2.53% or $0.54 during the last trading session, reaching $20.79. About 66,379 shares traded. SandRidge Energy, Inc. (NYSE:SD) has 0.00% since October 30, 2016 and is. It has underperformed by 21.16% the S&P500. Moore Capital Management Lp bought 275,000 shares as the company's stock declined 3.78% while stock markets rallied. It also reduced Ishares Tr (IVV) stake by 8,223 shares and now owns 152,680 shares. Smith A O (NYSE:AOS) was raised too.

Investors sentiment increased to 1.02 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1. 111 funds opened positions while 598 raised stakes. Moreover, Semper Augustus Invs Group Inc Lc has 2.48% invested in General Electric Company (NYSE:GE) for 119,415 shares. North Amer has 902,754 shares for 3.94% of their portfolio. Somerville Kurt F has 0.66% invested in General Electric Company (NYSE:GE). Barbara Oil invested in 40,000 shares. Blair William And Communications Il holds 2.98 million shares or 0.6% of its portfolio. Nadler Financial Grp accumulated 0.36% or 38,871 shares. Hl Fin Ltd Limited Liability Company has invested 1.75% in General Electric Company (NYSE:GE). Savings Bank invested in 3.40M shares. The conglomerate reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.20). Bp Public Limited has invested 0.68% of its portfolio in General Electric Company (NYSE:GE).

General Electric Company is a global digital industrial company. Shareholders of record on Monday, September 18th were issued a dividend of $0.24 per share. Rowland Inv Counsel Adv holds 0% in General Electric Company (NYSE:GE) or 191,865 shares. RBC Capital Markets maintained it with "Buy" rating and $27.0 target in Wednesday, October 11 report. Therefore 42% are positive. Morgan Stanley reissued an "equal weight" rating and issued a $27.00 price target on shares of General Electric in a research report on Monday, July 17th. Cowen & Co maintained General Electric Company (NYSE:GE) rating on Monday, August 7. The stock has "Buy" rating by Vetr on Wednesday, August 26. BMO Capital Markets maintained the shares of GE in report on Thursday, March 23 with "Hold" rating. maintained General Electric Company (NYSE:GE) on Monday, October 10 with "Buy" rating. TheStreet upgraded the stock to "Buy" rating in Tuesday, July 21 report.

Since May 15, 2017, it had 3 insider purchases, and 0 selling transactions for $3.37 million activity.

Investors sentiment decreased to 0.98 in 2017 Q2. Its up 0.60, from 0.9 in 2017Q1. It dived, as 75 investors sold GM shares while 286 reduced holdings. Greenleaf, a Michigan-based fund reported 23,172 shares.

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. now owns 3,495,138 shares of the company's stock valued at $148,857,000 after buying an additional 383,895 shares in the last quarter. The stock decreased 1.70% or $1.2 during the last trading session, reaching $69.35. Deutsche Retail Bank Ag invested in 0.01% or 451,175 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.1% in TJX Companies Inc (NYSE:TJX). Marathon Asset Mgmt Limited Liability Partnership holds 389,753 shares. Mckinley Llc Delaware has invested 0.04% in Gladstone Capital Corporation (NASDAQ:GLAD).

Bryn Mawr Trust Company decreased Hershey Co (HSY) stake by 24.7% reported in 2017Q2 SEC filing. Guyasuta Advsrs holds 2,510 shares. Clearbridge Limited Liability has invested 0.21% in Tristate Capital Holdings Inc (NASDAQ:TSC). 797 are held by Hudock Capital Group Ltd Liability Corp. Marshwinds Advisory has invested 0.64% of its portfolio in Hershey Co (NYSE:HSY).

Among 24 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 9 Hold. Therefore 0 are positive. Alphamark Advsr Limited Co reported 0.01% in Hershey Co (NYSE:HSY). Argus Research has "Buy" rating and $36.0 target. The stock has "Outperform" rating by Credit Suisse on Thursday, October 5. The rating was maintained by Bernstein on Tuesday, July 26 with "Market Perform". The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, August 31. The firm earned "Underperform" rating on Tuesday, October 24 by Oppenheimer. Analysts set a 12-month price target of $20.29 a share. On Tuesday, May 30 the insider Casey Helen Hanna bought $236,627.

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