Learn Why Jpmorgan Chase & Co Purchased Portland General Electric Co Stake?

Marco Green
January 14, 2018

Scholtz & Company Llc bought 10,140 shares as the company's stock rose 4.75% with the market. The stock was bought at an average cost of $17.94 per share, with a total value of $986,700.00. Park Circle Co who had been investing in General Electric Co for a number of months, seems to be bullish on the $163.69B market cap company.

General Electric (GE) traded down $0.15 during trading hours on Thursday, hitting $18.87. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The stock of Portland General Electric Company (NYSE:POR) earned "Underweight" rating by Barclays Capital on Monday, January 4. It has underperformed by 21.16% the S&P500.

Diversified Investment Strategies Llc, which manages about $103.53M US Long portfolio, decreased its stake in Abb Ltd (NYSE:ABB) by 137,200 shares to 9,775 shares, valued at $242,000 in 2017Q3, according to the filing.

Analysts await Bank of the Ozarks (NASDAQ:OZRK) to report earnings on January, 16. During the same period in the prior year, the company posted $0.32 earnings per share. BK's profit will be $931.85 million for 15.74 P/E if the $0.91 EPS becomes a reality. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth. (NASDAQ:CSIQ), 9 have Buy rating, 2 Sell and 6 Hold. Therefore 83% are positive. Canadian Solar Inc. had 40 analyst reports since August 19, 2015 according to SRatingsIntel. On Wednesday, January 3 the stock rating was maintained by Piper Jaffray with "Buy". The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, July 20. As per Monday, July 11, the company rating was maintained by Jefferies. The stock has "Outperform" rating by Merion Capital Group on Thursday, December 24. The firm earned "Outperform" rating on Monday, October 23 by Leerink Swann. The stock has "Overweight" rating by Morgan Stanley on Thursday, December 14. On Tuesday, July 28 the stock rating was downgraded by Goldman Sachs to "Neutral". Lee Danner And Bass reported 363,153 shares. As per Friday, December 16, the company rating was upgraded by Bernstein.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.20, from 1.38 in 2017Q2. It turned negative, as 11 investors sold MG shares while 23 reduced holdings. 46 funds opened positions while 109 raised stakes.

There are 294 institutional holders with active positions, accounting for 82.64 million shares in total. 96,283 are held by Comerica Comml Bank. Financial Bank Hapoalim Bm invested in 0.21% or 38,623 shares. The conglomerate reported $0.29 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by ($0.20). First Heartland Consultants invested 0.08% in CSX Corporation (NASDAQ:CSX). Villere St Denis J & Co Ltd Co has 10,738 shares for 0.02% of their portfolio. Private Harbour Management & Counsel Lc accumulated 84,036 shares. Victory Cap Mngmt Incorporated reported 0% of its portfolio in Mistras Group, Inc. American Century holds 112,370 shares or 0.01% of its portfolio. Investment Counsel stated it has 4,362 shares or 0.1% of all its holdings. (NYSE:MG). State Board Of Administration Of Florida Retirement, a Florida-based fund reported 11,259 shares. Northstar Asset Management Ltd Limited Liability Company stated it has 51,501 shares. Reinhart Partners Inc., a Wisconsin-based fund reported 144,905 shares.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2.

Large investors have recently bought and sold shares of the business.

The most recent open market insider trade was Disposition (Non Open Market) of 2,052 shares on a day where the closing price was 41.42. Beacon Capital Management, Ohio-based fund reported 286 shares. Westwood Mgmt Il stated it has 10,500 shares. Martingale Asset Mngmt Limited Partnership holds 197,740 shares. Blume Management has 217,238 shares. Ubs Oconnor Ltd reported 190,500 shares. Btim Corporation has 0.06% invested in General Electric Company (NYSE:GE) for 153,621 shares. 586,042 are held by Ing Groep Nv. It also increased its holding in Dollar General Corp Com (NYSE:DG) by 7,300 shares in the quarter, for a total of 58,805 shares, and has risen its stake in Visa Inc Com Cl A (NYSE:V). Cohen And Steers invested in 0.01% or 190,496 shares. Art Advisors Ltd has invested 0.01% of its portfolio in Portland General Electric Company (NYSE:POR). Phocas Fin Corporation holds 0.59% in Portland General Electric Company (NYSE:POR) or 162,611 shares. Greenwood Associate Lc holds 1.96% or 106,098 shares in its portfolio. Welch And Forbes Limited Liability Corp has invested 1.11% in General Electric Company (NYSE:GE). Therefore 13% are positive. Bank of America raised shares of General Electric from a "neutral" rating to a "buy" rating and set a $27.00 price objective on the stock in a report on Monday, October 23rd. The rating was maintained by Stifel Nicolaus with "Buy" on Friday, January 27. Cowen & Co initiated it with "Market Perform" rating and $29 target in Tuesday, June 7 report. Four investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. As per Wednesday, October 7, the company rating was maintained by Jefferies. The firm has a market capitalization of $3,810.00, a PE ratio of 18.50, a PEG ratio of 5.04 and a beta of 0.30. The rating was maintained by Citigroup with "Buy" on Monday, October 23. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Portland General Electric Company by 14.8% in the third quarter. Robert W. Baird maintained the stock with "Hold" rating in Friday, November 3 report.

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