General Electric Company (NYSE:GE) Receives An Update From Brokers

Posted March 05, 2017

Want to see what other hedge funds are holding POR? UBS Group AG increased its position in shares of Portland General Electric Company by 820.3% in the third quarter. To measure price-variation, we found EMR's volatility during a week at 1.24% and during a month it has been found around 1.45%.

The Company now has Insider ownership of 0.1 Percent and Institutional Ownership of 75.3 Percent. Mascoma Wealth Management LLC bought a new position in shares of Emerson Electric Company during the fourth quarter worth approximately $228,000. Following the purchase, the insider now directly owns 68,757 shares of the company's stock, valued at approximately $2,037,269.91.

General Motors Company is now showing -1.1% EPS growth this year. General Motors Company P/E (price to earnings) ratio is 6.3 and Forward P/E ratio of 6.19.

Bank of New York Mellon Corp increased its stake in shares of Empire District Electric Company (The) (NYSE:EDE) by 3.6% during the third quarter, according to its most recent 13F filing with the SEC. FTB Advisors Inc. now owns 6,178 shares of the company's stock valued at $262,000 after buying an additional 43 shares during the period.

Emerson Electric Co. has a 52 week low of $48.45 and a 52 week high of $64.36 with a P/E ratio of 24.47 The company's market cap is now $0.

Wall Street renowned brokerages following General Electric Company (NYSE:GE) have now given a mean price target of $33.7 on its stock. The company's 50-day moving average is $60.37 and its 200-day moving average is $55.31.

General Electric Company (NYSE:GE) last issued its quarterly earnings data on Friday, January 20th. General Electric Company had a net margin of 6.86% and a return on equity of 15.99%.

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According to 5 analysts, the Average Revenue Estimate for the current Fiscal quarter is $3.38 Billion and the Low Revenue estimate is $3.3 Billion, while the High Revenue estimate is $3.52 Billion. (NYSE:EMR) traded -0.94% lower at $60.41.

General Motors Company Gross Margin percentage stands at 12.8% while its Operating Margin for trailing twelve month is 5.7 percent and Profit margin (ttm) is 5.7 Percent.

07/22/2016 - Standpoint Research began new coverage on General Electric Company giving the company a " rating.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Stockholders of record on Monday, February 27th will be paid a dividend of $0.24 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date was Tuesday, November 29th. General Electric Company's dividend payout ratio (DPR) is 106.67%. Advisors Asset Management Inc. acquired a new position in Portland General Electric Company during the third quarter valued at $215,000. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of USA & worldwide trademark and copyright legislation.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Portland General Electric Company from a "hold" rating to a "sell" rating in a report on Saturday, December 31st. Finally, Sanford C. Bernstein set a $38.00 price target on General Electric Company and gave the company a "buy" rating in a research report on Friday, February 24th. Finally, TheStreet lowered Emerson Electric Company from a "buy" rating to a "hold" rating in a research report on Tuesday, November 1st.

In addition to this price estimate, the leading brokerages have announced the earnings estimates for General Electric Company (NYSE:GE). Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. These price targets are a consensus analysis of 21 brokers. Holderness Investments Co.'s holdings in General Electric Company were worth $2,568,000 as of its most recent filing with the SEC. The Company is engaged in the generation, wholesale purchase, transmission, distribution and retail sale of electricity in the state of Oregon.