Fisher Asset Management LLC maintained its stake in PG&E Co. (NYSE:PCG) during the first quarter, according to its most recent filing with the SEC. The fund owned 3,351 shares of the utilities provider’s stock at the end of the first quarter. Fisher Asset Management LLC’s holdings in PG&E Co. were worth $222,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Cleararc Capital Inc. increased its stake in shares of PG&E Co. by 0.6% in the fourth quarter. Cleararc Capital Inc. now owns 12,302 shares of the utilities provider’s stock valued at $748,000 after buying an additional 75 shares during the period. Rehmann Capital Advisory Group increased its stake in shares of PG&E Co. by 2.6% in the first quarter. Rehmann Capital Advisory Group now owns 4,160 shares of the utilities provider’s stock valued at $276,000 after buying an additional 104 shares during the period. Mn Services Vermogensbeheer B.V. increased its stake in shares of PG&E Co. by 3.4% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 13,486 shares of the utilities provider’s stock valued at $837,000 after buying an additional 439 shares during the period. Raymond James Trust N.A. increased its stake in shares of PG&E Co. by 2.5% in the first quarter. Raymond James Trust N.A. now owns 18,260 shares of the utilities provider’s stock valued at $1,212,000 after buying an additional 445 shares during the period. Finally, Bank of The West increased its stake in shares of PG&E Co. by 3.2% in the first quarter. Bank of The West now owns 15,003 shares of the utilities provider’s stock valued at $996,000 after buying an additional 470 shares during the period. Hedge funds and other institutional investors own 82.01% of the company’s stock.

Institutional Ownership by Quarter for PG&E Co. (NYSE:PCG)

Shares of PG&E Co. (NYSE:PCG) traded up 0.08% during trading on Friday, hitting $65.68. The stock had a trading volume of 683,216 shares. The company has a market cap of $33.56 billion, a PE ratio of 17.82 and a beta of 0.21. PG&E Co. has a 12 month low of $57.24 and a 12 month high of $68.29. The stock has a 50 day moving average of $66.86 and a 200 day moving average of $63.28.

PG&E Co. (NYSE:PCG) last posted its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported $1.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.23. The company had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.15 billion. PG&E Co. had a net margin of 4.94% and a return on equity of 8.52%. During the same quarter last year, the firm posted $0.82 earnings per share. Equities analysts forecast that PG&E Co. will post $3.67 EPS for the current fiscal year.

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A number of brokerages have issued reports on PCG. Jefferies Group LLC restated a “buy” rating and issued a $71.00 price objective on shares of PG&E Co. in a research note on Thursday, April 20th. Mizuho restated a “buy” rating and issued a $74.00 price objective on shares of PG&E Co. in a research note on Wednesday, April 19th. Deutsche Bank AG upped their price objective on PG&E Co. from $67.00 to $69.00 and gave the company a “buy” rating in a research note on Tuesday, April 11th. Royal Bank of Canada reaffirmed a “buy” rating and set a $70.00 price target on shares of PG&E Co. in a research report on Thursday, February 23rd. Finally, Zacks Investment Research raised PG&E Co. from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Wednesday, April 26th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. PG&E Co. has a consensus rating of “Buy” and a consensus target price of $71.00.

About PG&E Co.

PG&E Corporation is a holding company. The Company’s primary operating subsidiary is Pacific Gas and Electric Company (the Utility), which operates in northern and central California. The Utility is engaged in the sale and delivery of electricity and natural gas to customers. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial, and agricultural customers.

5 Day Chart for NYSE:PCG

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