Portland General Electric Company (POR) Stock Price Hits 52-Week High Today

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Investors sentiment increased to 1.42 in 2018 Q4. Its up 0.33, from 1.09 in 2018Q3. It is positive, as 9 investors sold Portland General Electric Company shares while 92 reduced holdings. 45 funds opened positions while 98 raised stakes. 81.04 million shares or 0.02% more from 81.03 million shares in 2018Q3 were reported.
Psagot Investment House Ltd holds 11,000 shares. Keybank Association Oh stated it has 0% in Portland General Electric Company (NYSE:POR). Copper Rock Cap Ptnrs Limited Liability invested 1.18% of its portfolio in Portland General Electric Company (NYSE:POR). The Illinois-based Oberweis Asset Management Inc has invested 0.25% in Portland General Electric Company (NYSE:POR). Morgan Stanley owns 547,994 shares. Hightower reported 21,182 shares stake. Moreover, Federated Investors Pa has 0.02% invested in Portland General Electric Company (NYSE:POR). Cubist Systematic Strategies accumulated 67,543 shares. Moreover, Whittier Trust has 0.07% invested in Portland General Electric Company (NYSE:POR) for 46,287 shares. Becker Capital Incorporated holds 427,188 shares. 3,141 are held by Captrust Fin. Great West Life Assurance Can invested in 10,576 shares or 0% of the stock. Hartford Invest has 0.01% invested in Portland General Electric Company (NYSE:POR). 119,700 were accumulated by Clarivest Asset Mgmt Limited Liability Com. 210 were reported by Ipswich Invest Mgmt Company Inc.

The stock of Portland General Electric Company (NYSE:POR) hit a new 52-week high and has $57.63 target or 8.00 % above today’s $53.36 share price. The 6 months bullish chart indicates low risk for the $4.77 billion company. The 1-year high was reported on May, 17 by Barchart.com. If the $57.63 price target is reached, the company will be worth $381.44M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.15% or $0.08 during the last trading session, reaching $53.36. About 292,085 shares traded. Portland General Electric Company (NYSE:POR) has risen 27.20% since May 17, 2018 and is uptrending. It has outperformed by 22.83% the S&P500.

Analysts await Portland General Electric Company (NYSE:POR) to report earnings on July, 26. They expect $0.52 EPS, up 1.96 % or $0.01 from last year’s $0.51 per share. POR’s profit will be $46.46M for 25.65 P/E if the $0.52 EPS becomes a reality. After $0.82 actual EPS reported by Portland General Electric Company for the previous quarter, Wall Street now forecasts -36.59 % negative EPS growth.

Portland General Electric Company (NYSE:POR) Ratings Coverage

Among 2 analysts covering Portland General Electric (NYSE:POR), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Portland General Electric had 9 analyst reports since November 19, 2018 according to SRatingsIntel. On Friday, April 5 the stock rating was downgraded by Mizuho to “Neutral”. The stock of Portland General Electric Company (NYSE:POR) earned “Underweight” rating by Barclays Capital on Monday, November 19. Mizuho maintained the stock with “Buy” rating in Thursday, February 14 report. As per Wednesday, March 20, the company rating was maintained by Barclays Capital.

More notable recent Portland General Electric Company (NYSE:POR) news were published by: Globenewswire.com which released: “Opus One Solutions seeks to help utilities modernize the grid – GlobeNewswire” on April 30, 2019, also Finance.Yahoo.com with their article: “Did Hedge Funds Drop The Ball On Medidata Solutions Inc (MDSO)? – Yahoo Finance” published on April 25, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Compania de Minas Buenaventura SA (BVN) – Yahoo Finance” on April 25, 2019. More interesting news about Portland General Electric Company (NYSE:POR) were released by: Benzinga.com and their article: “Earnings Scheduled For April 26, 2019 – Benzinga” published on April 26, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 15, 2019 – Benzinga” with publication date: February 15, 2019.

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company has market cap of $4.77 billion. The firm operates seven thermal plants; seven hydroelectric plants; and two wind farms. It has a 21.6 P/E ratio. As of December 31, 2016, it owned an electric transmission system consisting of 1,248 circuit miles, including 287 circuit miles of 500 kilovolt line, 402 circuit miles of 230 kilovolt line, and 551 miles of 115 kilovolt line.

Portland General Electric Company (NYSE:POR) Institutional Positions Chart

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