Economy

Portland General Electric (POR) Announces Quarterly Earnings Results

Portland General Electric (POR) Announces Quarterly Earnings Results

The stock decreased 4.00% or $0.24 during the last trading session, reaching $5.76.

For the year, the company reported profit of $187 million, or $2.10 per share. General Electric Company (NYSE:GE) has declined 4.46% since February 15, 2017 and is downtrending. It has underperformed by 39.00% the S&P500.The move comes after 6 months negative chart setup for the $941.62 million company.

Quinn Opportunity Partners Llc decreased its stake in Velocityshares Inv Vix Sh (XIV) by 34.62% based on its latest 2017Q3 regulatory filing with the SEC. Mathes Company Inc sold 73,650 shares as the company's stock declined 7.64% while stock markets rallied. About 26,352 shares traded. United American Securities Inc who had been investing in Microsoft Corp Com for a number of months, seems to be less bullish one the $714.31 billion market cap company. The stock has a market capitalization of $2,029.59, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 3.69 and a beta of 0.37. About 154,148 shares traded. Shineco, Inc. (NASDAQ:TYHT) has 0.00% since February 16, 2017 and is. It has underperformed by 16.70% the S&P500. It improved, as 37 investors sold EQT shares while 145 reduced holdings.

Investors sentiment increased to 1.08 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. Bbva Compass National Bank owns 236,829 shares. OxFORD Asset Management LLP increased its position in shares of Portland General Electric by 66.7% in the 2nd quarter. Garland Mgmt invested in 91,213 shares. Savings Bank Of Montreal Can reported 10.89M shares. The utilities provider reported $0.48 EPS for the quarter, missing the Zacks' consensus estimate of $0.65 by ($0.17), RTT News reports. (NYSE:TWX). Laurel Grove Cap Llc has invested 1.85% in Time Warner Inc. Pinebridge Ltd Partnership accumulated 1.33M shares. Condor Cap Mngmt owns 28,983 shares. Aviva Public Limited Liability Corporation has 109,455 shares. Brick Kyle Associates invested in 77,662 shares or 1.52% of the stock. 184 were reported by Qs Invsts. Prudential Pcl owns 0.38% invested in Time Warner Inc. (NYSE:KBR) for 316,850 shares. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.14. Thrivent Financial For Lutherans invested in 0.16% or 695,471 shares. (NYSE:TWX) for 47,190 shares. (NYSE:C), 19 have Buy rating, 3 Sell and 18 Hold. Therefore 60% are positive. BMO Capital Markets maintained the stock with "Market Perform" rating in Friday, August 21 report. The company was upgraded on Monday, February 12 by RBC Capital Markets. The firm has "Buy" rating by Keefe Bruyette & Woods given on Wednesday, June 7. The firm has "Sell" rating by Goldman Sachs given on Monday, December 7. On Thursday, October 6 the stock rating was maintained by Morgan Stanley with "Equal-Weight".

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Investors sentiment increased to 1.35 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It dropped, as 112 investors sold GE shares while 818 reduced holdings. 125 funds opened positions while 492 raised stakes. 174,549 are held by Hbk Sorce Advisory. William Blair upgraded General Electric Company (NYSE:GE) on Tuesday, October 13 to "Outperform" rating. Moreover, Johnson Counsel has 0.47% invested in General Electric Company (NYSE:GE). Rothschild Corp Il has 400,742 shares. TISCH JAMES S had bought 100,000 shares worth $2.46 million on Tuesday, August 22. Pinnacle Holdg Ltd Liability Corp has invested 0.31% in General Electric Company (NYSE:GE). Arete Wealth Advsrs Ltd Com holds 0.25% of its portfolio in General Electric Company (NYSE:GE) for 26,417 shares. Hawkins Lp owns 483,918 shares. Stevens Cap Mngmt Limited Partnership owns 946,334 shares for 0.85% of their portfolio. Beacon Fincl Group accumulated 80,743 shares or 0.35% of the stock. Moreover, Massachusetts Financial Svcs Com Ma has 0% invested in General Electric Company (NYSE:GE). One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. Therefore 29% are positive. Mizuho began coverage on Portland General Electric in a report on Wednesday. Portland General Electric has $48.0 highest and $36 lowest target. The firm has "Hold" rating given on Friday, December 8 by SunTrust. JP Morgan maintained the stock with "Underweight" rating in Monday, February 12 report. The rating was maintained by Barclays Capital with "Overweight" on Tuesday, January 3. On Wednesday, August 26 the stock rating was upgraded by Vetr to "Buy". The firm earned "Buy" rating on Monday, October 23 by RBC Capital Markets. The company was maintained on Monday, October 30 by Deutsche Bank. S&P Research maintained the shares of GE in report on Monday, August 17 with "Buy" rating. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Friday, April 21 by Cowen & Co. The stock has "Buy" rating by Stifel Nicolaus on Monday, October 19. Raab & Moskowitz Asset Mngmt Ltd Liability Corporation stated it has 1.46% in General Electric Company (NYSE:GE). 1 analysts gave its stock an Outperform rating.

For the quarter ending Jun-18, 3 analysts have a mean sales target of 463.11 million whilst for the year ending Dec-18, 8 analysts have a mean target of 2,028.90 million.

Since September 21, 2017, it had 0 insider purchases, and 2 selling transactions for $2.95 million activity.