Yingli Green Energy Holding Company Limited (NYSE:YGE) announced its quarterly earnings data on Tuesday. The solar energy provider reported ($2.40) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.05) by ($0.35), MarketWatch Earnings reports. The company had revenue of $468.00 million for the quarter, compared to analysts’ expectations of $415.00 million. During the same period last year, the business earned $0.09 EPS.

Yingli Green Energy Holding Company Limited (YGE) opened at 2.45 on Wednesday. The firm’s 50-day moving average is $2.41 and its 200-day moving average is $2.36. Yingli Green Energy Holding Company Limited has a 12 month low of $1.79 and a 12 month high of $4.17. The firm’s market cap is $44.53 million.

Several brokerages recently commented on YGE. Roth Capital set a $2.00 price objective on shares of Yingli Green Energy Holding Company Limited and gave the company a “sell” rating in a research note on Saturday, June 17th. Axiom Securities reiterated a “sell” rating on shares of Yingli Green Energy Holding Company Limited in a research note on Friday, June 9th. Zacks Investment Research cut shares of Yingli Green Energy Holding Company Limited from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Finally, ValuEngine cut shares of Yingli Green Energy Holding Company Limited from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd. Four equities research analysts have rated the stock with a sell rating and one has given a hold rating to the company. Yingli Green Energy Holding Company Limited presently has an average rating of “Sell” and a consensus target price of $3.60.

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A number of hedge funds and other institutional investors have recently modified their holdings of the business. Profund Advisors LLC lifted its holdings in Yingli Green Energy Holding Company Limited by 5.2% in the 2nd quarter. Profund Advisors LLC now owns 52,326 shares of the solar energy provider’s stock valued at $119,000 after acquiring an additional 2,565 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its holdings in Yingli Green Energy Holding Company Limited by 8.6% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 157,500 shares of the solar energy provider’s stock valued at $358,000 after acquiring an additional 12,500 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in Yingli Green Energy Holding Company Limited by 34.4% in the 1st quarter. California Public Employees Retirement System now owns 208,349 shares of the solar energy provider’s stock valued at $519,000 after acquiring an additional 53,330 shares during the last quarter. 2.34% of the stock is owned by institutional investors.

About Yingli Green Energy Holding Company Limited

Yingli Green Energy Holding Company Limited is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. The Company’s end products include photovoltaic (PV) modules and PV systems of different sizes and power outputs.

Earnings History for Yingli Green Energy Holding Company Limited (NYSE:YGE)

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