Investors purchased shares of Pacific Gas & Electric Co. (NYSE:PCG) on weakness during trading on Monday. $59.58 million flowed into the stock on the tick-up and $30.47 million flowed out of the stock on the tick-down, for a money net flow of $29.11 million into the stock. Of all stocks tracked, Pacific Gas & Electric Co. had the 16th highest net in-flow for the day. Pacific Gas & Electric Co. traded down ($0.06) for the day and closed at $56.89

PCG has been the subject of a number of analyst reports. BidaskClub raised Pacific Gas & Electric Co. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Jefferies Group LLC reissued a “buy” rating and set a $76.00 price objective on shares of Pacific Gas & Electric Co. in a research report on Sunday, July 30th. Royal Bank Of Canada reissued a “buy” rating and set a $70.00 price objective on shares of Pacific Gas & Electric Co. in a research report on Tuesday, August 15th. ValuEngine raised Pacific Gas & Electric Co. from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Barclays PLC boosted their price objective on Pacific Gas & Electric Co. from $69.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, September 22nd. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $67.77.

The firm has a market cap of $29,296.38, a price-to-earnings ratio of 13.03, a price-to-earnings-growth ratio of 3.69 and a beta of 0.17. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 0.86.

Pacific Gas & Electric Co. (NYSE:PCG) last posted its quarterly earnings data on Thursday, November 2nd. The utilities provider reported $1.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.18. The business had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.82 billion. Pacific Gas & Electric Co. had a return on equity of 11.94% and a net margin of 12.59%. The company’s revenue was down 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.94 earnings per share. research analysts anticipate that Pacific Gas & Electric Co. will post 3.68 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, October 15th. Stockholders of record on Friday, September 29th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend was Thursday, September 28th. Pacific Gas & Electric Co.’s payout ratio is currently 48.74%.

In other news, VP David S. Thomason sold 700 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $69.62, for a total value of $48,734.00. Following the completion of the sale, the vice president now directly owns 7,357 shares of the company’s stock, valued at $512,194.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Roger H. Kimmel acquired 4,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The stock was purchased at an average cost of $69.68 per share, with a total value of $278,720.00. The disclosure for this purchase can be found here. Insiders sold 2,682 shares of company stock valued at $186,344 over the last three months. Corporate insiders own 0.15% of the company’s stock.

Several hedge funds have recently bought and sold shares of PCG. Canada Pension Plan Investment Board raised its stake in shares of Pacific Gas & Electric Co. by 48.0% during the third quarter. Canada Pension Plan Investment Board now owns 1,557,779 shares of the utilities provider’s stock worth $106,069,000 after purchasing an additional 504,900 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Pacific Gas & Electric Co. by 12.2% during the third quarter. Ameriprise Financial Inc. now owns 3,354,563 shares of the utilities provider’s stock worth $228,434,000 after purchasing an additional 365,937 shares during the last quarter. Cibc World Markets Corp raised its stake in shares of Pacific Gas & Electric Co. by 86.7% during the second quarter. Cibc World Markets Corp now owns 543,152 shares of the utilities provider’s stock worth $36,049,000 after purchasing an additional 252,198 shares during the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in shares of Pacific Gas & Electric Co. by 110.1% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 245,226 shares of the utilities provider’s stock worth $16,274,000 after purchasing an additional 128,504 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Pacific Gas & Electric Co. by 3.4% during the second quarter. Russell Investments Group Ltd. now owns 2,111,145 shares of the utilities provider’s stock worth $140,089,000 after purchasing an additional 69,556 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

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About Pacific Gas & Electric Co.

PG&E Corporation is a holding company. The Company’s primary operating subsidiary is Pacific Gas and Electric Company (the Utility), which operates in northern and central California. The Utility is engaged in the 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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