BidaskClub raised shares of Portland General Electric from a hold rating to a buy rating in a research note on Wednesday, August 23rd. About 42.76 million shares traded. It has underperformed by 21.16% the S&P500. They expect $0.78 EPS, down 11.36% or $0.10 from last year's $0.88 per share.
GE said Monday that the dividend will be cut to 12 cents per share, from 24 cents, starting next month.
The company also pulled back on profit expectations Monday and shares slumped 7.2 percent, their biggest one-day loss since the financial crisis was roiling the stock market in early 2009.
About 707,831 shares traded. It is down 12.10% since November 13, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.
More notable recent BCE Inc. BPI's SI was 804,500 shares in November as released by FINRA.
Investors sentiment increased to 1.4 in Q2 2017. Six analysts have rated the stock with a sell rating, six have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Therefore 50% are positive. The firm has "Market Perform" rating by Bernstein given on Monday, April 4. The rating was upgraded by Canaccord Genuity to "Buy" on Friday, November 6. Wedbush maintained Diebold Nixdorf Inc (NYSE:DBD) on Thursday, February 4 with "Outperform" rating. The firm has "Neutral" rating by Citigroup given on Tuesday, July 19.
Barry Investment Advisors Llc holds 4.25% of its portfolio in Omega Healthcare Investors Inc for 341,536 shares. Wright Invsts Service has invested 0.44% in General Electric Company (NYSE:GE).
GE had previously said it would invest US$2.1 billion in its digital unit in 2017, but that tally included money not tied to Predix, GE's industrial-internet platform, GE said. Its up 0.10, from 1.28 in 2017Q1. It dived, as 85 investors sold GE shares while 816 reduced holdings. 35 funds opened positions while 96 raised stakes. Portland General Electric Company has a 12 month low of $40.71 and a 12 month high of $48.69. It represents the number of a stock's shares that are being shorted by investors. Richard C Young Ltd stated it has 290,053 shares or 1.53% of all its holdings.
Institutional owners hold 55.90% stake while Insiders ownership held at 0.10% in the company.
Meanwhiles, shares of Anheuser-Busch InBev closed 0.1 percent higher in Brussels after the world's largest brewer said it appointed a new head of its North America business, its key market, to boost sales. The giant is also cutting dividends at a time when many other US companies are pushing them up in a bid to lure in investors. It also upped Celgene Corporation (NASDAQ:CELG) stake by 2,538 shares and now owns 41,223 shares. Adage Capital Ptnrs Limited Liability owns 17.66M shares. 9,122 are held by West Coast Limited Company.
General Electric Co will radically shrink to focus on aviation, power and healthcare, betting on sectors it thinks it can make profits in, as the most famous USA conglomerate tries to revive its share price after a decade and a half of stagnation. Ssi Investment Incorporated has invested 0.07% in General Electric Company (NYSE:GE). Investors of record on Tuesday, December 26th will be paid a dividend of $0.34 per share. Lau Ltd Llc holds 1.42% or 65,629 shares. Argus Research has "Buy" rating and $36.0 target. Kessler Gp Lc has invested 2.87% of its portfolio in General Electric Company (NYSE:GE). General Electric Co.is expected to announce other plans, including a possible restructuring, later Monday. Morgan Stanley has "Equal-Weight" rating and $25 target. The firm has "Sell" rating by Deutsche Bank given on Monday, September 11. On Tuesday, June 13 the stock rating was maintained by Stifel Nicolaus with "Buy". The company was maintained on Thursday, March 23 by BMO Capital Markets.
Since May 15, 2017, it had 1 buying transaction, and 0 selling transactions for $110,800 activity. The company provided earnings per share guidance of $2.20-2.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.24.
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