Portland General Electric Co (POR) Holder Commonwealth Bank Of Australia Lowered Its Position as Share Price Rose

Portland General Electric Company (NYSE:POR) LogoInvestors sentiment decreased to 1.22 in 2019 Q1. Its down 0.20, from 1.42 in 2018Q4. It fall, as 24 investors sold POR shares while 92 reduced holdings. 41 funds opened positions while 100 raised stakes. 80.64 million shares or 0.50% less from 81.04 million shares in 2018Q4 were reported. Burney Com has 0.02% invested in Portland General Electric Company (NYSE:POR). Cetera Advsrs Limited Liability Co reported 0.01% stake. Fuller & Thaler Asset Inc holds 704,686 shares or 0.46% of its portfolio. United Kingdom-based Merian Glob Investors (Uk) Ltd has invested 0.05% in Portland General Electric Company (NYSE:POR). Boston Common Asset Mgmt Limited Liability has 36,942 shares for 0.25% of their portfolio. Mutual Of America Cap Mngmt Ltd Llc accumulated 122,301 shares. Anchor Capital invested 0.05% of its portfolio in Portland General Electric Company (NYSE:POR). Ameriprise Incorporated accumulated 1.45 million shares. Huntington Commercial Bank holds 1,000 shares. Murphy Cap Mgmt owns 5,850 shares. Voya Invest Mgmt Limited Liability Corporation reported 415,184 shares. Suntrust Banks accumulated 56,288 shares. Parametric Port Associates Ltd Limited Liability Company, Washington-based fund reported 388,876 shares. Nj State Employees Deferred Compensation Plan has invested 0.09% in Portland General Electric Company (NYSE:POR). Northern Trust Corporation owns 1.87M shares.

Commonwealth Bank Of Australia decreased its stake in Portland General Electric Co (POR) by 33.19% based on its latest 2019Q1 regulatory filing with the SEC. Commonwealth Bank Of Australia sold 536,744 shares as the company’s stock rose 5.26% . The institutional investor held 1.08M shares of the central company at the end of 2019Q1, valued at $55.99M, down from 1.62 million at the end of the previous reported quarter. Commonwealth Bank Of Australia who had been investing in Portland General Electric Co for a number of months, seems to be less bullish one the $5.00B market cap company. The stock increased 1.43% or $0.79 during the last trading session, reaching $55.98. About 322,864 shares traded. Portland General Electric Company (NYSE:POR) has risen 21.97% since August 15, 2018 and is uptrending. It has outperformed by 21.97% the S&P500.

Commonwealth Bank Of Australia, which manages about $10.45 billion US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 264,288 shares to 1.89 million shares, valued at $59.38M in 2019Q1, according to the filing. It also increased its holding in Jpmorgan Chase & Co (NYSE:JPM) by 73,077 shares in the quarter, for a total of 536,937 shares, and has risen its stake in Baidu Inc (NASDAQ:BIDU).

More notable recent Portland General Electric Company (NYSE:POR) news were published by: Bizjournals.com which released: “Who will pay more, or less, on their PGE bill in 2019 – Portland Business Journal” on December 17, 2018, also Fool.com with their article: “NextEra Energy Continues to Bet Big on Battery Storage – The Motley Fool” published on March 30, 2019, Prnewswire.com published: “Portland General Electric: New law will boost zero-emission vehicles in Oregon, reducing state’s impact on climate change – PRNewswire” on June 19, 2019. More interesting news about Portland General Electric Company (NYSE:POR) were released by: Finance.Yahoo.com and their article: “Here’s What Portland General Electric Company’s (NYSE:POR) P/E Ratio Is Telling Us – Yahoo Finance” published on July 01, 2019 as well as Bizjournals.com‘s news article titled: “PGE — and ratepayers — off the hook for $130M cost overruns on Boardman plant – Portland Business Journal” with publication date: July 18, 2018.

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 has $52 highest and $48 lowest target. $50’s average target is -10.68% below currents $55.98 stock price. Portland General Electric had 8 analyst reports since March 9, 2019 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, April 5 by Mizuho. The rating was maintained by Barclays Capital with “Sell” on Wednesday, March 20.

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

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