13 May, 2017
General Electric Company (GE) shares saw a recent bid of $28.83 and 19.62M shares have exchanged hands in the recent trading session, yielding a -1.81% decline over the past week. Another trade for 159,662 shares valued at $4.72M was sold by Joyce David Leon.
Hedge funds have recently added to or reduced their stakes in the company.
Portland General Electric Company (NYSE:POR) had a decrease of 12.58% in short interest. The company's current price-earnings ratio amounts to 26.52 times earnings, above the average P/E ratio of 24.29 times earnings.
In other news, Director Marijn E. Dekkers bought 20,000 shares of General Electric Company stock in a transaction on Monday, April 24th. Finally, Signature Financial Management Inc. boosted its stake in General Electric Company by 7.8% in the third quarter. Over the past 2 quarters, the stock is down -0.56%, compared with a fall of almost -1.70% for 3 months and about -4.37% for the past 30 days. Share performance for the month is now at -3.89%.
The Stock has Weekly volatility of 2.69% and monthly volatility of 2.59%. The 52 week high shares of General Electric Company have reached is 33 whilst the 52 week low for the company's shares is 28.03. The company's 50-day moving average is $29.62 and its 200-day moving average is $30.22. The company was maintained on Friday, November 6 by RBC Capital Markets. Princeton Alpha Mngmt Lp holds 0.05% of its portfolio in Portland General Electric Company (NYSE:POR) for 5,959 shares.
The company is expected to report earnings of $0.25 a share for the next quarter. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.25. General Electric Company (NYSE:GE) has a Return on Investment (ROI) of 5.10%. The high and low revenue estimates for the current quarter are $29.56 Billion and $28.76 Billion, respectively. Analysts are expecting EPS growth rates to be at 630.10% this quarter and EPS estimate for next year reflect a 16.13% growth rate. The business's revenue for the quarter was down.7% on a year-over-year basis. Analysts predict that Portland General Electric Company will post $2.26 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 25th. Stockholders of record on Monday, June 26th will be issued a $0.34 dividend. This represents a $0.96 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend was Thursday, February 23rd. American Century reported 0% of its portfolio in Portland General Electric Company (NYSE:POR).
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03/04/2016 - Portland General Electric Company had its " rating reiterated by analysts at Wellington Shields. Stifel Nicolaus set a $34.00 price objective on General Electric Company and gave the company a buy rating in a research report on Tuesday, January 17th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the stock. General Electric Company had 39 analyst reports since July 21, 2015 according to SRatingsIntel.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. "The company appears to be operating relatively "close to the line" in terms of sufficient cash generation to continue to fund such a robust dividend and share repurchase program", analyst John Inch wrote in a note to clients Friday.
