Traders bought shares of Pacific Gas & Electric Co. (NYSE:PCG) on weakness during trading on Tuesday. $34.76 million flowed into the stock on the tick-up and $22.62 million flowed out of the stock on the tick-down, for a money net flow of $12.14 million into the stock. Of all equities tracked, Pacific Gas & Electric Co. had the 25th highest net in-flow for the day. Pacific Gas & Electric Co. traded down ($1.03) for the day and closed at $63.70

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. reissued a “buy” rating on shares of Pacific Gas & Electric Co. in a research note on Wednesday, July 6th. Zacks Investment Research raised Pacific Gas & Electric Co. from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a research note on Tuesday. Mizuho boosted their price target on Pacific Gas & Electric Co. from $64.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, June 29th. Deutsche Bank AG raised Pacific Gas & Electric Co. from a “hold” rating to a “buy” rating and decreased their target price for the stock from $62.00 to $58.50 in a research report on Monday, April 18th. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of Pacific Gas & Electric Co. in a research report on Tuesday, May 10th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $61.82.

The company’s 50-day moving average price is $62.34 and its 200 day moving average price is $58.08. The stock has a market capitalization of $31.60 billion and a price-to-earnings ratio of 32.84.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Investors of record on Thursday, June 30th will be given a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 3.03%. This is a boost from Pacific Gas & Electric Co.’s previous quarterly dividend of $0.46. The ex-dividend date is Tuesday, June 28th.

A number of large investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its stake in shares of 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 worth $1,699,000 after buying an additional 962 shares in the last quarter. Engineers Gate Manager LP raised its stake in shares of Pacific Gas & Electric Co. by 218.4% in the fourth quarter. Engineers Gate Manager LP now owns 73,451 shares of the company’s stock worth $3,907,000 after buying an additional 50,381 shares in the last quarter. Symons Capital Management Inc. raised its stake in shares of Pacific Gas & Electric Co. by 0.6% in the fourth quarter. Symons Capital Management Inc. now owns 197,915 shares of the company’s stock worth $10,528,000 after buying an additional 1,205 shares in the last quarter. CAM Group Holding A S raised its stake in shares of 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 worth $1,234,000 after buying an additional 13,700 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Pacific Gas & Electric Co. by 8.7% in the fourth quarter. Boston Partners now owns 1,608,227 shares of the company’s stock worth $85,542,000 after buying an additional 128,205 shares in 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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