Portland General Electric (POR) Upgraded at Zacks Investment Research

Portland General Electric Co: Jpmorgan Chase & Co Bought Stake

About 2,110 shares traded. Covington Capital Management has invested 1.1% in General Electric Company (NYSE:GE).

The stock increased 0.32% or $0.06 during the last trading session, reaching $18.55. Advisor Group Inc. bought a new position in Portland General Electric Company during the second quarter valued at approximately $140,000. HSBC Holdings plc (NYSE:HSBC) has risen 38.28% since January 12, 2017 and is uptrending. The institutional investor held 26,417 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $639,000, down from 57,296 at the end of the previous reported quarter. Cs Mckee Lp sold 15,200 shares as the company's stock declined 1.27% while stock markets rallied. Arrowstreet Cap Lp owns 3.56 million shares or 0.23% of their United States portfolio. JPMorgan Chase & Co. grew its holdings in Portland General Electric by 0.9% in the second quarter. The current trading volume of 1.23 sits 53.75% higher than the past 3 month's readings, indicating near-term traders have been more active toward POR than usual of late. The total number of shares traded in the last 12 months is 238,147. It has underperformed by 4.60% the S&P500. Royal Bank of Canada reissued a "buy" rating and issued a $31.00 price objective on shares of General Electric in a report on Friday, September 15th. The stock ended last trade at 18.93 a share and the price is up more than 8.48% so far this year. GE's profit will be $2.51B for 16.66 P/E if the $0.29 EPS becomes a reality. The utilities provider reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.06.

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock of The Bank of New York Mellon Corporation (NYSE:BK) has "Outperform" rating given on Wednesday, August 5 by Bernstein. General Electric Company (NYSE:GE) has a 20-Day average volume of 69.6 Million. Ishares Russell Midcap (IWR) was raised too.

Investors of record on Wednesday, December 27th will be paid a dividend of $0.12 per share. Its down 0.22, from 2.72 in 2017Q2. It turned negative, as 112 investors sold GE shares while 818 reduced holdings.

Several other hedge funds have also recently made changes to their positions in the company. The shares were bought at an average price of $18.27 per share, with a total value of $1,096,200.00. Forte Cap Ltd Liability Corp Adv has invested 0.47% in General Electric Company (NYSE:GE). Moreover, Strategic Advsr Ltd Liability Co has 0.1% invested in General Electric Company (NYSE:GE).

Among 12 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 9 have Buy rating, 0 Sell and 3 Hold. Godshalk Welsh Mgmt has 0.76% invested in CSX Corporation (NASDAQ:CSX) for 13,925 shares. Raymond James And Assoc reported 0.33% stake. Mastrapasqua Asset Mgmt holds 24,605 shares or 0.12% of its portfolio. 100.03 million shares or 3.68% less from 103.85 million shares in 2017Q2 were reported. Ruggie Grp owns 83 shares or 0% of their United States portfolio. Washington Trust Bancshares has invested 0.95% in General Electric Company (NYSE:GE).

Regions Financial Corp, which manages about $8.80 billion US Long portfolio, upped its stake in Powershares (QQQ) by 12,586 shares to 81,774 shares, valued at $11.89M in 2017Q3, according to the filing. Jfs Wealth Ltd invested in 13,446 shares or 0.08% of the stock. Portland General Electric Company has a 1-year low of $37.04 and a 1-year high of $45.21. Acropolis Management Llc holds 0.04% or 7,620 shares in its portfolio.

General Electric Company (NYSE:GE) received a Buy rating from 2 analysts. Therefore 50% are positive. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth. Also, the current price highlights a discount of 2252.94% to analysts' high consensus price target. RBC Capital Markets maintained the shares of GE in report on Monday, July 10 with "Buy" rating. Oppenheimer maintained General Electric Company (NYSE:GE) on Monday, July 24 with "Hold" rating. Pixelworks had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by IBC to "Sector Outperformer" on Friday, August 7. Bank of America maintained it with "Buy" rating and $23 target in Tuesday, November 14 report. Craig Hallum initiated the stock with "Buy" rating in Friday, December 4 report. Finally, Argus dropped their price objective on General Electric from $30.00 to $27.00 and set a "buy" rating on the stock in a research note on Monday, September 18th. The firm has "Outperform" rating given on Monday, January 25 by RBC Capital Markets. On Friday, September 1 the insider Herrman Ernie sold $1.45M. In terms of relative volume, these shares are trading at 1.54x their normal volume. Bryn Mawr Trust Commerce holds 0.01% or 1,428 shares. It fall, as 9 investors sold PXLW shares while 11 reduced holdings. Dana, Wisconsin-based fund reported 85,780 shares. Hendershot Investments Incorporated owns 65,060 shares. (NYSE:TJX). Fincl Advantage Inc has invested 2.6% in The TJX Companies, Inc. Cleararc Capital Inc holds 196,219 shares or 0.71% of its portfolio. (NYSE:TJX) for 90,037 shares. The Illinois-based Envestnet Asset Management Inc has invested 0% in Charter Financial Corporation (NASDAQ:CHFN). (NYSE:HD). Amer And Management Co holds 317 shares. Copeland Cap Mngmt Ltd reported 0.14% in The TJX Companies, Inc.

The company now has an insider ownership of 0.08 Percent and Institutional ownership of 57.4 Percent. (NYSE:TJX) for 30,344 shares. Mairs & holds 1.27% or 4.37M shares in its portfolio. Bridgeway Cap Mgmt invested 0.01% of its portfolio in Charter Financial Corporation (NASDAQ:CHFN). Cohen And Steers invested in 0.01% or 190,496 shares.

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