Pg&E Corp (PCG) Shareholder First Wilshire Securities Management INC Lifted Its Stake

August 9, 2018 - By Vernon Prom

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.21, from 0.93 in 2017Q4. It improved, as 60 investors sold PCG shares while 161 reduced holdings. 75 funds opened positions while 176 raised stakes. 403.55 million shares or 0.71% more from 400.70 million shares in 2017Q4 were reported. Sandy Spring National Bank & Trust accumulated 553 shares. 131 were reported by Ledyard Retail Bank. Fuller Thaler Asset holds 2,200 shares. Axa holds 0.21% or 1.18 million shares. Ellington Gp Limited Liability Company holds 0.01% in PG&E Corporation (NYSE:PCG) or 4,700 shares. 253,540 were accumulated by Mackay Shields Limited Liability Company. Prudential Fincl holds 0.07% or 972,552 shares in its portfolio. Aqr Capital Lc stated it has 604,997 shares or 0.03% of all its holdings. Alpha Windward Ltd Llc holds 0% of its portfolio in PG&E Corporation (NYSE:PCG) for 131 shares. 5,841 are held by Envestnet Asset Management. National Pension Service invested in 524,568 shares. Kentucky Retirement invested in 26,875 shares. Indiana Investment Co reported 21,091 shares. Regentatlantic Limited Liability Com stated it has 0.27% in PG&E Corporation (NYSE:PCG). Dumont & Blake Advsrs Lc accumulated 0.26% or 13,627 shares.

First Wilshire Securities Management Inc increased its stake in Pg&E Corp (PCG) by 69.78% based on its latest 2018Q1 regulatory filing with the SEC. First Wilshire Securities Management Inc bought 95,542 shares as the company’s stock rose 8.77% while stock markets declined. The hedge fund held 232,454 shares of the power generation company at the end of 2018Q1, valued at $10.21 million, up from 136,912 at the end of the previous reported quarter. First Wilshire Securities Management Inc who had been investing in Pg&E Corp for a number of months, seems to be bullish on the $22.58 billion market cap company. The stock decreased 0.98% or $0.43 during the last trading session, reaching $43.66. About 253,017 shares traded. PG&E Corporation (NYSE:PCG) has declined 33.63% since August 9, 2017 and is downtrending. It has underperformed by 46.20% the S&P500.

More important recent PG&E Corporation (NYSE:PCG) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: HAIR TAL UNM ORA NWL PCG FLKS ACAD: The Law Offices of Vincent Wong Reminds …” on August 08, 2018, also Seekingalpha.com published article titled: “PG&E (PCG) Q2 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “SHAREHOLDER ALERT: TAL UNM FIZZ SBGL PCG GOGO RMTI HMNY GDS: The Law Offices of Vincent Wong …” on August 07, 2018. More interesting news about PG&E Corporation (NYSE:PCG) was released by: Businesswire.com and their article: “Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of PG&E Corporation …” with publication date: August 08, 2018.

PG&E Corporation (NYSE:PCG) Ratings Coverage

Among 9 analysts covering PG&E Corp (NYSE:PCG), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. PG&E Corp has $63 highest and $45 lowest target. $50.50’s average target is 15.67% above currents $43.66 stock price. PG&E Corp had 18 analyst reports since February 12, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, June 13. Wells Fargo maintained it with “Market Perform” rating and $46 target in Monday, June 11 report. The firm has “Overweight” rating by JP Morgan given on Tuesday, April 10. The company was maintained on Wednesday, February 21 by JP Morgan. The stock of PG&E Corporation (NYSE:PCG) earned “Overweight” rating by Morgan Stanley on Monday, April 16. Bank of America maintained PG&E Corporation (NYSE:PCG) rating on Tuesday, May 29. Bank of America has “Hold” rating and $4600 target. The firm has “Outperform” rating by Wells Fargo given on Monday, August 6. The stock has “Neutral” rating by Citigroup on Monday, July 9. Wells Fargo maintained the stock with “Market Perform” rating in Friday, July 27 report. The company was maintained on Monday, July 16 by Morgan Stanley.

PG&E Corporation (NYSE:PCG) Institutional Positions Chart

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