Traders bought shares of Pacific Gas & Electric Co. (NYSE:PCG) on weakness during trading hours on Tuesday. $41.74 million flowed into the stock on the tick-up and $16.57 million flowed out of the stock on the tick-down, for a money net flow of $25.17 million into the stock. Of all stocks tracked, Pacific Gas & Electric Co. had the 11th highest net in-flow for the day. Pacific Gas & Electric Co. traded down ($0.84) for the day and closed at $63.85

A number of analysts have weighed in on PCG shares. Mizuho reiterated a “buy” rating and issued a $64.00 price target (up from $56.00) on shares of Pacific Gas & Electric Co. in a research report on Tuesday, May 24th. Argus reiterated a “buy” rating and issued a $79.00 price target (up from $74.00) on shares of Pacific Gas & Electric Co. in a research report on Monday, July 25th. Zacks Investment Research upgraded Pacific Gas & Electric Co. from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research report on Tuesday, July 12th. Jefferies Group reiterated a “buy” rating and issued a $66.50 price target (up from $64.50) on shares of Pacific Gas & Electric Co. in a research report on Thursday, May 5th. Finally, Citigroup Inc. reiterated a “hold” rating and issued a $64.00 price target (up from $54.00) on shares of Pacific Gas & Electric Co. in a research report on Wednesday, July 20th. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Pacific Gas & Electric Co. has a consensus rating of “Buy” and a consensus target price of $66.21.

The firm’s 50-day moving average is $64.25 and its 200-day moving average is $60.35. The company has a market cap of $31.83 billion and a PE ratio of 42.03.

Pacific Gas & Electric Co. (NYSE:PCG) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.66 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by $0.26. The business earned $4.17 billion during the quarter, compared to analysts’ expectations of $4.59 billion. Pacific Gas & Electric Co.’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 earnings per share. On average, equities research analysts expect that Pacific Gas & Electric Co. will post $3.72 EPS for the current fiscal year.

Several institutional investors have modified their holdings of the stock. Victory Capital Management Inc. raised its position 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 valued at $2,844,000 after buying an additional 14,432 shares during the last quarter. Suntrust Banks Inc. raised its position 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 valued at $1,244,000 after buying an additional 9,894 shares during the last quarter. Trexquant Investment LP raised its position 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 valued at $1,005,000 after buying an additional 11,800 shares during the last quarter. I.G. Investment Management LTD. acquired a new position in shares of Pacific Gas & Electric Co. during the fourth quarter valued at about $3,195,000. Finally, State of Tennessee Treasury Department raised its position 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 valued at $20,102,000 after buying an additional 2,305 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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