Prescott Group Capital Management Cut By $336,600 Its Unit (UNT) Stake; Portland General Electric Co (POR)’s Sentiment Is 1.38

December 7, 2017 - By Winifred Garcia

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company has market cap of $4.32 billion. The firm operates seven thermal plants; seven hydroelectric plants; and two wind farms. It has a 21.19 P/E ratio. As of December 31, 2016, it owned an electric transmission system consisting of 1,248 circuit miles, including 287 circuit miles of 500 kilovolt line, 402 circuit miles of 230 kilovolt line, and 551 miles of 115 kilovolt line.

Prescott Group Capital Management Llc decreased Unit Corp (UNT) stake by 23.46% reported in 2017Q2 SEC filing. Prescott Group Capital Management Llc sold 18,700 shares as Unit Corp (UNT)’s stock declined 20.81%. The Prescott Group Capital Management Llc holds 60,999 shares with $1.14M value, down from 79,699 last quarter. Unit Corp now has $1.04B valuation. The stock decreased 7.15% or $1.52 during the last trading session, reaching $19.74. About 366,265 shares traded. Unit Corporation (NYSE:UNT) has risen 62.42% since December 7, 2016 and is uptrending. It has outperformed by 45.72% the S&P500.

Ratings analysis reveals 0 of Portland Gen Elec’s analysts are positive. Out of 2 Wall Street analysts rating Portland Gen Elec, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. POR was included in 2 notes of analysts from November 22, 2016. The rating was upgraded by JP Morgan on Friday, December 16 to “Neutral”. The firm has “Underperform” rating by Bank of America given on Tuesday, November 22.

West Coast Financial Llc holds 1.21% of its portfolio in Portland General Electric Company for 82,668 shares. Americafirst Capital Management Llc owns 19,358 shares or 1.11% of their US portfolio. Moreover, Vaughan David Investments Inc Il has 1.08% invested in the company for 470,917 shares. The Massachusetts-based Howland Capital Management Llc has invested 0.85% in the stock. Barnett & Company Inc., a Tennessee-based fund reported 38,857 shares.

The stock increased 0.23% or $0.11 during the last trading session, reaching $48.53. About 379,037 shares traded. Portland General Electric Company (POR) has risen 12.10% since December 7, 2016 and is uptrending. It has underperformed by 4.60% the S&P500.

Analysts await Portland General Electric Company (NYSE:POR) to report earnings on February, 16. They expect $0.65 EPS, down 4.41% or $0.03 from last year’s $0.68 per share. POR’s profit will be $57.91 million for 18.67 P/E if the $0.65 EPS becomes a reality. After $0.44 actual EPS reported by Portland General Electric Company for the previous quarter, Wall Street now forecasts 47.73% EPS growth.

Prescott Group Capital Management Llc increased Thor Inds Inc (NYSE:THO) stake by 8,000 shares to 31,710 valued at $3.31 million in 2017Q2. It also upped Net 1 Ueps Technologies Inc (NASDAQ:UEPS) stake by 76,425 shares and now owns 965,918 shares. Blueknight Energy Partners L (NASDAQ:BKEP) was raised too.

Analysts await Unit Corporation (NYSE:UNT) to report earnings on February, 22. They expect $0.19 EPS, down 17.39% or $0.04 from last year’s $0.23 per share. UNT’s profit will be $10.05 million for 25.97 P/E if the $0.19 EPS becomes a reality. After $0.10 actual EPS reported by Unit Corporation for the previous quarter, Wall Street now forecasts 90.00% EPS growth.

Investors sentiment decreased to 1.04 in Q2 2017. Its down 0.31, from 1.35 in 2017Q1. It turned negative, as 34 investors sold UNT shares while 45 reduced holdings. 24 funds opened positions while 58 raised stakes. 47.97 million shares or 0.56% more from 47.70 million shares in 2017Q1 were reported. Tiaa Cref Invest Limited Liability Com reported 480,015 shares stake. Blackrock has 0.01% invested in Unit Corporation (NYSE:UNT) for 6.52 million shares. Mariner Wealth Ltd invested in 0.01% or 14,674 shares. Kbc Group Nv has 37,533 shares for 0.01% of their portfolio. D E Shaw And Co invested in 13,197 shares. Meeder Asset holds 4,803 shares or 0.01% of its portfolio. State Common Retirement Fund reported 55,500 shares. Parkside Bancorporation And Tru owns 37 shares. Avalon Advisors Lc, a Texas-based fund reported 87,929 shares. Swiss Bank holds 84,800 shares or 0% of its portfolio. Deutsche State Bank Ag owns 106,943 shares or 0% of their US portfolio. Tygh Cap Mngmt owns 57,412 shares. Nordea Investment Mngmt stated it has 102,955 shares or 0% of all its holdings. Bridgeway Capital Mgmt reported 251,650 shares stake. Goldman Sachs Grp holds 0% of its portfolio in Unit Corporation (NYSE:UNT) for 205,623 shares.

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