Vista Capital Partners buys $637,114 stake in Portland General Electric Company (POR)

Portland General Electric Company (POR) : Vista Capital Partners scooped up 2,164 additional shares in Portland General Electric Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 12, 2016. The investment management firm now holds a total of 16,105 shares of Portland General Electric Company which is valued at $637,114.Portland General Electric Company makes up approximately 0.08% of Vista Capital Partners’s portfolio.

Portland General Electric Company opened for trading at $39.29 and hit $39.59 on the upside on Friday, eventually ending the session at $39.56, with a gain of 0.97% or 0.38 points. The heightened volatility saw the trading volume jump to 3,37,571 shares. Company has a market cap of $3,513 M.

Other Hedge Funds, Including , Banced Corp sold out all of its stake in POR during the most recent quarter. The investment firm sold 22,783 shares of POR which is valued $901,295. Creative Planning sold out all of its stake in POR during the most recent quarter. The investment firm sold 221 shares of POR which is valued $8,648. Mai Capital Management added POR to its portfolio by purchasing 6,069 company shares during the most recent quarter which is valued at $237,480. Portland General Electric Company makes up approx 0.02% of Mai Capital Management’s portfolio.Foundry Partners reduced its stake in POR by selling 175 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 14,668 shares of POR which is valued at $573,959. Portland General Electric Company makes up approx 0.06% of Foundry Partners’s portfolio.

On the company’s financial health, Portland General Electric Company reported $0.57 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Feb 12, 2016. Analyst had a consensus of $0.63.Analysts expectations of $ 529.07.During the same quarter in the previous year, the company posted $0.55 EPS.

Many Wall Street Analysts have commented on Portland General Electric Company. Portland General Electric Company was Downgraded by Wellington Shields to ” Hold” on Mar 4, 2016. Portland General Electric Company was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Feb 16, 2016. Company shares were Downgraded by Williams Capital Group on Feb 1, 2016 to ” Hold”, Firm has raised the Price Target to $ 41 from a previous price target of $27 .

Portland General Electric Company (PGE) is a vertically integrated electric utility company engaged in the generation wholesale purchase transmission distribution and retail sale of electricity in the state of Oregon. The Company also sells electricity and natural gas in the wholesale market to utilities brokers and power marketers. The Company’s resources consist of six thermal plants which include natural gas- and coal-fired turbines two wind farms and seven hydroelectric plants. The Company has a resource capacity of approximately 1389 megawatts (MW) of natural gas 814 MW of coal 717 MW of wind and 494 MW of hydro. The Company has contractual rights for transmission lines that deliver electricity from its generation facilities to its distribution system in its service territory and to the Western Interconnection. The Company has four natural gas-fired generating facilities: Port Westward Unit 1 Port Westward Unit 2 Beaver and Coyote Springs Unit 1 (Coyote Springs).

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