The net profit margin for American Electric Power Co., Inc. stands at 12.50%. FMR LLC raised its position in shares of American Electric Power by 72.8% in the second quarter. The Hedge Fund company now holds 1,084,928 shares of GE which is valued at $31,441,213.
General Electric Company (NYSE:GE) announced that it has changed the terms of its tender offer for all of the outstanding shares of Arcam AB of Sweden, and has extended the acceptance period through 5 p.m. CET on November 10. (NYSE:AEP) traded up 2.468% on Monday, hitting $64.975. FTB Advisors Inc. boosted its stake in shares of Portland General Electric by 0.7% in the third quarter. First Call has EPS estimation of $0.87 for next quarter and $2.13 for this year.
Hedge funds and other institutional investors own 68.66% of the company's stock. (NYSE:POR) by 3.0% during the second quarter, Holdings Channel reports.
General Electric Company (NYSE:GE) Price to Earnings (P/E) ratio is 28.73. Pacer Advisors Inc. purchased a new stake in shares of Portland General Electric during the second quarter valued at about $337,000. Sell-side analysts are now looking for American Electric Power Company, Inc. Finally, Bank of America Corp. cut Portland General Electric from a "buy" rating to a "neutral" rating and set a $45.00 target price on the stock.in a report on Tuesday, August 2nd. Hsbc Holdings PLC now owns 9,549 shares of the company's stock valued at $420,000 after buying an additional 351 shares in the last quarter.
The simple 20 day moving average for American Electric Power Co., Inc.is -1.46% and the simple 200-day moving average is at -1.39%. Whittier Trust Co. now owns 36,240 shares of the company's stock valued at $1,599,000 after buying an additional 435 shares during the last quarter. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. The company earned $3.90 billion during the quarter, compared to analysts' expectations of $4.01 billion.
Many analysts are providing their Estimated Earnings analysis for General Electric Company and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.46/share. The company posted EPS of $1.06 for the same quarter past year.
A number of key analysts, polled by FactSet, shared their views about the current stock momentum.
Portland General Electric Company (PGE) is an electric utility company.
FT reports, The 15 analysts offering 12 month price targets for General Electric Company have a median target of 32.00, with a high estimate of 37.00 and a low estimate of 27.00. For the next 5 years, General Electric Company is expecting Growth of 12.09% per annum, whereas in the past 5 years the growth was 0.55% per annum. The business's revenue was up 2.6% on a year-over-year basis.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Stockholders of record on Tuesday, December 27th will be issued a dividend of $0.32 per share. APG Asset Management N.V. now owns 2,811,038 shares of the company's stock valued at $197,026,000 after buying an additional 398,824 shares during the last quarter. The ex-dividend date is Thursday, December 22nd. NY boosted its stake in shares of Portland General Electric by 0.6% in the third quarter. This represents a $1.28 annualized dividend and a yield of 2.98%. General Electric Company makes up approx 1.23% of Hartford Financial Management's portfolio.Delta Asset Managementtn reduced its stake in GE by selling 500 shares or 0.79% in the most recent quarter. The Company's segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing.