Pacific Gas & Electric Co. (NYSE:PCG)’s share price traded down 0.3% on Friday . The stock traded as low as $63.47 and last traded at $64.22, with a volume of 1,400,837 shares trading hands. The stock had previously closed at $64.40.

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued a “buy” rating on shares of Pacific Gas & Electric Co. in a report on Wednesday. Mizuho increased their price target on Pacific Gas & Electric Co. from $64.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, June 29th. Jefferies Group reissued a “buy” rating on shares of Pacific Gas & Electric Co. in a report on Tuesday, May 24th. Zacks Investment Research cut Pacific Gas & Electric Co. from a “buy” rating to a “hold” rating in a report on Monday, May 16th. Finally, Morgan Stanley reissued a “buy” rating on shares of Pacific Gas & Electric Co. in a report on Tuesday, May 10th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Pacific Gas & Electric Co. presently has an average rating of “Buy” and a consensus target price of $61.27.

The firm has a market capitalization of $32.16 billion and a price-to-earnings ratio of 33.42. The stock has a 50 day moving average price of $61.95 and a 200 day moving average price of $57.90.

Pacific Gas & Electric Co. (NYSE:PCG) last posted its earnings results on Wednesday, May 4th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.09. The firm earned $3.97 billion during the quarter, compared to analyst estimates of $4.15 billion. During the same quarter in the previous year, the firm earned $0.87 earnings per share. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. Equities research analysts expect that Pacific Gas & Electric Co. will post $3.72 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Thursday, June 30th will be issued a $0.49 dividend. This is a positive change from Pacific Gas & Electric Co.’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Tuesday, June 28th. This represents a $1.96 annualized dividend and a yield of 3.02%.

Other institutional investors have recently bought and sold shares of the company. Trexquant Investment LP raised its position in Pacific Gas & Electric Co. by 166.2% in the fourth quarter. Trexquant Investment LP now owns 18,900 shares of the company’s stock valued at $1,005,000 after buying an additional 11,800 shares during the last quarter. CAM Group Holding A S raised its position in Pacific Gas & Electric Co. by 144.1% in the fourth quarter. CAM Group Holding A S now owns 23,210 shares of the company’s stock valued at $1,234,000 after buying an additional 13,700 shares during the last quarter. Suntrust Banks Inc. raised its position in Pacific Gas & Electric Co. by 73.2% in the fourth quarter. Suntrust Banks Inc. now owns 23,403 shares of the company’s stock valued at $1,244,000 after buying an additional 9,894 shares during the last quarter. Quantitative Investment Management LLC purchased a new position in Pacific Gas & Electric Co. during the fourth quarter valued at $1,616,000. Finally, PNC Financial Services Group Inc. raised its position in Pacific Gas & Electric Co. by 3.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 31,938 shares of the company’s stock valued at $1,699,000 after buying an additional 962 shares during the last quarter.

PG&E Corporation is a holding company. The Company’s primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utility’s operations include electric utility operations and natural gas utility operations. It operates in northern and central California. 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.

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