Portland General Electric Co (POR) Shareholder Commonwealth Bank Of Australia Has Cut Its Holding by $27.37 Million as Market Value 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 turned negative, 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. Qs Invsts Llc invested in 0.11% or 195,834 shares. Bailard holds 21,230 shares or 0.07% of its portfolio. Great West Life Assurance Can reported 142,806 shares stake. Silvercrest Asset Mgmt Gru Ltd Liability Company reported 0.02% stake. Ny State Teachers Retirement System reported 7,900 shares stake. Moreover, Parallax Volatility Advisers LP has 0% invested in Portland General Electric Company (NYSE:POR). Wellington Management Gp Llp holds 0% or 55,409 shares in its portfolio. 7,939 are held by Zeke Capital Advsrs Lc. Moody Retail Bank Division invested in 0% or 50 shares. Massachusetts Com Ma invested 0.02% in Portland General Electric Company (NYSE:POR). First Manhattan holds 0.05% or 180,149 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 9,634 shares. The Ontario – Canada-based Toronto Dominion Comml Bank has invested 0% in Portland General Electric Company (NYSE:POR). 843,549 were reported by Invesco Limited. Natixis Advisors Lp reported 12,787 shares or 0.01% of all its holdings.

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 1.08 million shares of the central company at the end of 2019Q1, valued at $55.99 million, down from 1.62M 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 $5.00 billion 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 Pepsico Inc (NYSE:PEP) by 40,444 shares to 210,444 shares, valued at $25.78 million in 2019Q1, according to the filing. It also increased its holding in Markel Corp (NYSE:MKL) by 4,142 shares in the quarter, for a total of 12,491 shares, and has risen its stake in Liberty Property Trust (NYSE:LPT).

More notable recent Portland General Electric Company (NYSE:POR) news were published by: Seekingalpha.com which released: “Portland General Electric (POR) Investor Presentation – Slideshow – Seeking Alpha” on October 03, 2018, also Prnewswire.com with their article: “Portland General Electric announces ambitious Smart Grid Test Bed – PR Newswire” published on October 11, 2018, Bizjournals.com published: “PGE bringing an ‘Electric Avenue’ to Hillsboro shopping center – Portland Business Journal” on October 17, 2018. More interesting news about Portland General Electric Company (NYSE:POR) were released by: Fool.com and their article: “Portland General Electric Co (POR) Q4 2018 Earnings Conference Call Transcript – Motley Fool” published on February 15, 2019 as well as Seekingalpha.com‘s news article titled: “Portland General Electric (POR) Presents At Fleet Management 2018 – Slideshow – Seeking Alpha” with publication date: March 01, 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 rating was maintained by Barclays Capital with “Sell” on Wednesday, March 20. The rating was downgraded by Mizuho on Friday, April 5 to “Neutral”.

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

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