Portland General Electric Company (POR) At $40.33 Forms Bottom; Praesidium Investment Management Company Increased Its Accenture Plc Ireland (ACN) Stake

June 8, 2018 - By Nellie Frank

Portland General Electric Company (NYSE:POR) Logo

Portland General Electric Company (POR) formed multiple bottom with $37.91 target or 6.00% below today’s $40.33 share price. Portland General Electric Company (POR) has $3.60 billion valuation. The stock increased 0.37% or $0.15 during the last trading session, reaching $40.33. About 463,199 shares traded. Portland General Electric Company (NYSE:POR) has declined 10.93% since June 8, 2017 and is downtrending. It has underperformed by 23.50% the S&P500. Some Historical POR News: ; 26/03/2018 – Portland General Electric Schedules Earnings Release and Conference Call for Friday, April 27; 19/04/2018 – DJ Portland General Electric Company, Inst Holders, 1Q 2018 (POR); 27/04/2018 – Portland General Electric Sees 2018 EPS $2.10-EPS $2.25; 25/04/2018 – Portland General Electric Raises Dividend to 36.25c Vs. 34c; 25/04/2018 – PORTLAND GENERAL ELECTRIC CO POR.N SETS REGULAR QUARTERLY DIVIDEND OF $0.3625/SHR; 27/04/2018 – PORTLAND GENERAL ELECTRIC CO POR.N REAFFIRMS FY 2018 SHR VIEW $2.10 TO $2.25; 27/04/2018 – PORTLAND GENERAL ELECTRIC CO POR.N – QTRLY TOTAL RETAIL REVENUES $454 MLN VS. $506 MLN; 22/05/2018 – PGE Seeks 100 Average Megawatts of New Renewable Re; 10/04/2018 – PORTLAND GENERAL ELECTRIC CO POR.N : JP MORGAN RAISES TARGET PRICE TO $42 FROM $41; 27/04/2018 – Portland General Electric 1Q Rev $493M

Praesidium Investment Management Company Llc increased Accenture Plc Ireland (ACN) stake by 5.55% reported in 2018Q1 SEC filing. Praesidium Investment Management Company Llc acquired 43,569 shares as Accenture Plc Ireland (ACN)’s stock declined 5.31%. The Praesidium Investment Management Company Llc holds 828,711 shares with $127.21 million value, up from 785,142 last quarter. Accenture Plc Ireland now has $103.29 billion valuation. The stock decreased 1.29% or $2.1 during the last trading session, reaching $160.61. About 1.84 million shares traded. Accenture plc (NYSE:ACN) has risen 26.72% since June 8, 2017 and is uptrending. It has outperformed by 14.15% the S&P500. Some Historical ACN News: ; 06/03/2018 – Accenture Interactive Selected by The Walt Disney Studios as Innovation Partner of Disney StudioLAB; 07/05/2018 – Accenture Completes Acquisition of MXM, Bolsters Capabilities in Creative Services, Data-Led Marketing Execution, Content; 27/03/2018 – Four in Five North American Bank Operations Leaders Believe Their Bank’s Survival Depends on Updating Legacy Systems to lnnovate Faster, Accenture Study Finds; 29/03/2018 – ACCENTURE – ENTERED AGREEMENT TO ACQUIRE NEW YORK-BASED DIGITAL AGENCY, MEREDITH XCELERATED MARKETING; 11/04/2018 – Accenture Launches Intelligent Enterprise Platform to Help Companies Use Advanced Technologies that Fast-track Enterprise Transformation; 22/03/2018 – Accenture 2Q Net $863.7M; 11/04/2018 – Accenture Named a Leader in IDC MarketScape for Incident Response Services; 11/04/2018 – Accenture Positioned as a Leader in Gartner Magic Quadrant for Oracle Application Services, Worldwide; 06/03/2018 – Company Culture is Key to Unlocking Gender Equality and Narrowing Pay Gap, New Accenture Research Finds; 10/04/2018 – Former Accenture Director of Data Science Joins Data Firm Clarity Insights

Investors sentiment increased to 0.97 in Q1 2018. Its up 0.04, from 0.93 in 2017Q4. It is positive, as 50 investors sold ACN shares while 396 reduced holdings. 105 funds opened positions while 326 raised stakes. 449.75 million shares or 1.56% less from 456.89 million shares in 2017Q4 were reported. Modera Wealth Mgmt Limited Liability Company owns 0.11% invested in Accenture plc (NYSE:ACN) for 3,528 shares. Intll Limited Ca holds 5,800 shares or 0.16% of its portfolio. Pioneer Tru Bank N A Or has invested 2.88% in Accenture plc (NYSE:ACN). Mariner Wealth Advsr owns 4,879 shares. Hall Laurie J Trustee reported 0.11% of its portfolio in Accenture plc (NYSE:ACN). Illinois-based Advisory Research has invested 0.55% in Accenture plc (NYSE:ACN). Great West Life Assurance Can stated it has 0.26% of its portfolio in Accenture plc (NYSE:ACN). Eqis has invested 0.13% of its portfolio in Accenture plc (NYSE:ACN). Tiaa Cref Investment Management Lc stated it has 0.35% of its portfolio in Accenture plc (NYSE:ACN). Weybosset Research And Mgmt Lc has invested 0.18% in Accenture plc (NYSE:ACN). Hl Finance Svcs Limited Liability Corp stated it has 77,728 shares or 0.21% of all its holdings. Barclays Public Lc owns 0.15% invested in Accenture plc (NYSE:ACN) for 1.29M shares. Delta Asset Management Limited Liability Corp Tn stated it has 107 shares or 0% of all its holdings. Hanson Mcclain holds 0% or 238 shares. Fincl Bank reported 33,723 shares or 0.57% of all its holdings.

Among 26 analysts covering Accenture Plc (NYSE:ACN), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Accenture Plc had 97 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Accenture plc (NYSE:ACN) has “Overweight” rating given on Monday, November 20 by KeyBanc Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $156.0 target in Thursday, December 21 report. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, June 22. The stock of Accenture plc (NYSE:ACN) has “Outperform” rating given on Tuesday, March 20 by Wedbush. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, September 29. RBC Capital Markets maintained it with “Buy” rating and $14500 target in Monday, August 14 report. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, December 22. On Friday, February 19 the stock rating was initiated by Cowen & Co with “Outperform”. As per Thursday, September 28, the company rating was downgraded by Societe Generale. The stock of Accenture plc (NYSE:ACN) earned “Buy” rating by Stifel Nicolaus on Thursday, December 21.

More recent Accenture plc (NYSE:ACN) news were published by: Businesswire.com which released: “Accenture and Avanade Named Microsoft 2018 Alliance Partner of the Year” on June 07, 2018. Also Investorplace.com published the news titled: “8 Bitcoin Stocks That You Won’t Lose Your Shirt Over” on June 07, 2018. Seekingalpha.com‘s news article titled: “STMicroelectronics Is Inexpensive – Cramer’s Lightning Round (6/1/18)” with publication date: June 04, 2018 was also an interesting one.

Among 11 analysts covering Portland General Electric (NYSE:POR), 2 have Buy rating, 5 Sell and 4 Hold. Therefore 18% are positive. Portland General Electric had 24 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Wednesday, October 28 by JP Morgan. The stock of Portland General Electric Company (NYSE:POR) has “Underperform” rating given on Tuesday, March 6 by Bank of America. The rating was downgraded by Bank of America on Tuesday, November 22 to “Underperform”. The firm has “Neutral” rating given on Friday, December 16 by JP Morgan. The rating was maintained by JP Morgan with “Neutral” on Monday, October 30. The stock of Portland General Electric Company (NYSE:POR) earned “Neutral” rating by JP Morgan on Tuesday, April 10. Guggenheim maintained Portland General Electric Company (NYSE:POR) rating on Tuesday, January 2. Guggenheim has “Hold” rating and $48.0 target. The company was upgraded on Wednesday, August 5 by Zacks. The rating was maintained by Ladenburg with “Buy” on Tuesday, September 19. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, October 12.

Investors sentiment decreased to 1.06 in Q1 2018. Its down 0.47, from 1.53 in 2017Q4. It worsened, as 25 investors sold Portland General Electric Company shares while 95 reduced holdings. 42 funds opened positions while 85 raised stakes. 81.03 million shares or 0.46% more from 80.66 million shares in 2017Q4 were reported. Burney holds 6,781 shares or 0.02% of its portfolio. Miller Howard Investments Ny reported 0.03% stake. 8,983 are held by Great West Life Assurance Can. Walleye Trading Llc holds 61,845 shares or 0.01% of its portfolio. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma reported 0% stake. Arrowstreet Capital Partnership invested in 33,600 shares. Asset Mngmt Inc has 18,453 shares. Everett Harris Ca owns 6,065 shares or 0.01% of their US portfolio. 56,820 are held by Cortina Asset Limited Liability Corporation. Prudential Fincl Inc owns 0.01% invested in Portland General Electric Company (NYSE:POR) for 197,459 shares. Vident Advisory stated it has 79,366 shares or 0.13% of all its holdings. Verition Fund Management Llc reported 0.12% in Portland General Electric Company (NYSE:POR). Nuveen Asset Mgmt Limited Liability Company has invested 0.01% in Portland General Electric Company (NYSE:POR). Proshare Advsr Ltd Liability Corporation reported 180,674 shares. Franklin Res holds 0.01% or 570,928 shares.

Since February 21, 2018, it had 0 insider buys, and 1 sale for $25,008 activity. Jenkins Bradley Young sold $25,008 worth of stock.

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

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