Traders bought shares of Pacific Gas & Electric Co. (NYSE:PCG) on weakness during trading on Friday. $44.97 million flowed into the stock on the tick-up and $26.79 million flowed out of the stock on the tick-down, for a money net flow of $18.18 million into the stock. Of all stocks tracked, Pacific Gas & Electric Co. had the 23rd highest net in-flow for the day. Pacific Gas & Electric Co. traded down ($0.38) for the day and closed at $64.79

Several equities analysts have recently commented on the company. Zacks Investment Research downgraded Pacific Gas & Electric Co. from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. Jefferies Group increased their price target on Pacific Gas & Electric Co. from $66.50 to $71.50 and gave the stock a “buy” rating in a research report on Friday, July 29th. Deutsche Bank AG reduced their price target on Pacific Gas & Electric Co. from $68.00 to $67.00 and set a “buy” rating on the stock in a research report on Friday, July 29th. Argus reissued a “buy” rating and set a $79.00 price target (up previously from $74.00) on shares of Pacific Gas & Electric Co. in a research report on Monday, July 25th. Finally, Citigroup Inc. reissued a “hold” rating and set a $64.00 price target (up previously from $54.00) on shares of Pacific Gas & Electric Co. in a research report on Wednesday, July 20th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $66.21.

The company’s 50-day moving average price is $64.24 and its 200 day moving average price is $60.19. The stock has a market capitalization of $32.30 billion and a P/E ratio of 42.65.

Pacific Gas & Electric Co. (NYSE:PCG) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by $0.26. During the same quarter in the previous year, the business earned $0.91 earnings per share. The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.59 billion. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. On average, equities analysts predict that Pacific Gas & Electric Co. will post $3.72 earnings per share for the current fiscal year.

Other large investors have modified their holdings of the company. State of Tennessee Treasury Department boosted its stake in shares of Pacific Gas & Electric Co. by 0.6% in the fourth quarter. State of Tennessee Treasury Department now owns 377,937 shares of the company’s stock worth $20,102,000 after buying an additional 2,305 shares during the last quarter. Suntrust Banks Inc. boosted its stake in shares of Pacific Gas & Electric Co. by 73.2% in the fourth quarter. Suntrust Banks Inc. now owns 23,403 shares of the company’s stock worth $1,244,000 after buying an additional 9,894 shares during the last quarter. Trexquant Investment LP boosted its stake in shares of Pacific Gas & Electric Co. by 166.2% in the fourth quarter. Trexquant Investment LP now owns 18,900 shares of the company’s stock worth $1,005,000 after buying an additional 11,800 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Pacific Gas & Electric Co. by 37.0% in the fourth quarter. Victory Capital Management Inc. now owns 53,463 shares of the company’s stock worth $2,844,000 after buying an additional 14,432 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Pacific Gas & Electric Co. by 2.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,370,658 shares of the company’s stock worth $72,906,000 after buying an additional 35,759 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 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.

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