Pacific Gas & Electric Co. (NYSE:PCG)’s share price was down 1% during trading on Tuesday . The stock traded as low as $64.06 and last traded at $64.06, with a volume of 1,292,625 shares trading hands. The stock had previously closed at $64.69.

Several equities analysts have commented on PCG shares. Jefferies Group reiterated a “buy” rating and issued a $66.50 target price (up from $64.50) on shares of Pacific Gas & Electric Co. in a research report on Thursday, May 5th. Morgan Stanley reiterated a “buy” rating on shares of Pacific Gas & Electric Co. in a research report on Tuesday, May 10th. Zacks Investment Research upgraded Pacific Gas & Electric Co. from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Wednesday, May 11th. Mizuho reiterated a “buy” rating and issued a $64.00 target price (up from $56.00) on shares of Pacific Gas & Electric Co. in a research report on Tuesday, May 24th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Pacific Gas & Electric Co. in a research report on Wednesday, July 6th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $66.21.

The firm has a market capitalization of $31.83 billion and a price-to-earnings ratio of 42.03. The company has a 50 day moving average of $64.25 and a 200-day moving average of $60.35.

Pacific Gas & Electric Co. (NYSE:PCG) last posted its earnings results on Thursday, July 28th. The company reported $0.66 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by $0.26. During the same period last year, the firm posted $0.91 EPS. The company earned $4.17 billion during the quarter, compared to analyst estimates of $4.59 billion. The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. Equities analysts forecast that Pacific Gas & Electric Co. will post $3.72 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of PCG. Schwab Charles Investment Management Inc. boosted its position in 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. BlackRock Advisors LLC boosted its position in Pacific Gas & Electric Co. by 30.8% in the fourth quarter. BlackRock Advisors LLC now owns 367,892 shares of the company’s stock worth $19,568,000 after buying an additional 86,687 shares during the last quarter. State of Tennessee Treasury Department boosted its position in 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. I.G. Investment Management LTD. purchased a new position in Pacific Gas & Electric Co. during the fourth quarter worth about $3,195,000. Finally, Trexquant Investment LP boosted 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 worth $1,005,000 after buying an additional 11,800 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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