Walmart (Put) (WMT) Holder Freestone Capital Holdings Has Lowered Its Position by $62.19 Million as Stock Declined; Opus Investment Management Stake in Portland General Electric Co. (POR) Has Lowered by $336,000 as Shares Rose

August 10, 2018 - By Mark Williams

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Opus Investment Management Inc decreased its stake in Portland General Electric Co. (POR) by 8.11% based on its latest 2018Q1 regulatory filing with the SEC. Opus Investment Management Inc sold 8,400 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 95,200 shares of the central company at the end of 2018Q1, valued at $3.86M, down from 103,600 at the end of the previous reported quarter. Opus Investment Management Inc who had been investing in Portland General Electric Co. for a number of months, seems to be less bullish one the $4.10 billion market cap company. The stock decreased 0.74% or $0.34 during the last trading session, reaching $45.89. About 301,809 shares traded. Portland General Electric Company (NYSE:POR) has declined 10.93% since August 10, 2017 and is downtrending. It has underperformed by 23.50% the S&P500. Some Historical POR News: 27/04/2018 – PORTLAND GENERAL ELECTRIC CO POR.N – QTRLY TOTAL RETAIL REVENUES $454 MLN VS. $506 MLN; 14/05/2018 – Fuller & Thaler Adds Portland General, Exits G-III Apparel: 13F; 27/04/2018 – PORTLAND GENERAL ELECTRIC CO SAYS REAFFIRMS ITS 2018 GUIDANCE OF $2.10 – $2.25 PER DILUTED SHARE; 25/04/2018 – Portland General Electric Increases Dividend; 14/05/2018 – Fuller & Thaler Asset Buys 3.3% Position in Portland General; 27/04/2018 – PORTLAND GENERAL ELECTRIC CO POR.N REAFFIRMS FY 2018 SHR VIEW $2.10 TO $2.25; 25/04/2018 – Portland General Electric Raises Dividend to 36.25c Vs. 34c; 22/05/2018 – PGE Seeks 100 Average Megawatts of New Renewable Re; 19/04/2018 – DJ Portland General Electric Company, Inst Holders, 1Q 2018 (POR); 30/04/2018 – PGE to Host Summit Focused on Diversity, Inclusion and Equity on May 23

Freestone Capital Holdings Llc decreased its stake in Walmart Inc (Put) (WMT) by 77.75% based on its latest 2018Q1 regulatory filing with the SEC. Freestone Capital Holdings Llc sold 699 shares as the company’s stock declined 11.45% with the market. The institutional investor held 200 shares of the consumer services company at the end of 2018Q1, valued at $17.79 million, down from 899 at the end of the previous reported quarter. Freestone Capital Holdings Llc who had been investing in Walmart Inc (Put) for a number of months, seems to be less bullish one the $266.18 billion market cap company. The stock increased 1.34% or $1.195 during the last trading session, reaching $90.205. About 5.33 million shares traded. Walmart Inc. (NYSE:WMT) has risen 5.30% since August 10, 2017 and is uptrending. It has underperformed by 7.27% the S&P500. Some Historical WMT News: 26/04/2018 – MEDIA-Walmart may rope in Alphabet for India’s Flipkart’s acquisition plan – Economic Times; 09/05/2018 – IBT: Video Game Rumors: Walmart Website Lists ‘Rage 2,’ ‘Borderlands 3’ Ahead Of E3; 14/03/2018 – VC Circle: Walmart eyes majority stake in Flipkart; Blackstone’s bid for Anand Jain’s fund derails; 05/03/2018 – Wal-Mart de Mexico Same-Store Sales Rose 8.9% in Feb. (Table); 20/03/2018 – KFDM News: BREAKING:; Federal judge blocks TABC from prohibiting Walmart from selling liquor in Texas. The federal court; 21/04/2018 – Eyewitness News: Walmart could buy controlling stake in Flipkart as early as next week; 29/05/2018 – WALMART COMBINES REAL ESTATE AND CENTRAL OPERATIONS IN ONE ROLE; 28/03/2018 – New York Post: Hearst heiress thanks Jesus after Walmart pulls Cosmo from checkout lines; 29/04/2018 – Walmart Would Own 40% of U.K. Business After Deal; 24/04/2018 – E-Commerce: Global Markets to 2022 – Leading Players are Alibaba, Amazon.com, Apple, JD.com and Walmart – ResearchAndMarkets.com

Investors sentiment decreased to 1.06 in 2018 Q1. Its down 0.47, from 1.53 in 2017Q4. It fall, as 25 investors sold POR shares while 95 reduced holdings. 42 funds opened positions while 85 raised stakes. 81.03 million shares or 0.46% more from 80.66 million shares in 2017Q4 were reported. 48,087 are held by Bnp Paribas Arbitrage Sa. Ledyard Savings Bank, a New Hampshire-based fund reported 3,750 shares. Cubist Systematic Strategies Ltd owns 0.15% invested in Portland General Electric Company (NYSE:POR) for 64,703 shares. Northern Tru owns 1.90 million shares. James Inv accumulated 8,710 shares or 0.01% of the stock. Burney, a Virginia-based fund reported 6,781 shares. State Teachers Retirement holds 8,000 shares. Massachusetts Financial Ma invested in 0.01% or 552,639 shares. 78 were reported by Advisory Service Ltd Liability Company. Ferguson Wellman Cap invested 0.01% in Portland General Electric Company (NYSE:POR). Lazard Asset Mgmt Limited Liability invested in 0% or 26,475 shares. Pittenger & Anderson invested in 175 shares. Los Angeles Mgmt & Equity stated it has 0% of its portfolio in Portland General Electric Company (NYSE:POR). Axa holds 0% or 18,601 shares. Northwestern Mutual Wealth Mngmt Company accumulated 2,000 shares.

Since February 21, 2018, it had 0 insider purchases, and 1 insider sale for $25,008 activity.

Opus Investment Management Inc, which manages about $8.16B and $544.83M US Long portfolio, upped its stake in Cms Energy Corp. (NYSE:CMS) by 9,300 shares to 34,300 shares, valued at $1.55 million in 2018Q1, according to the filing. It also increased its holding in Kimberly (NYSE:KMB) by 5,000 shares in the quarter, for a total of 50,000 shares, and has risen its stake in Ford Motor Co. (NYSE:F).

Among 11 analysts covering Portland General Electric (NYSE:POR), 2 have Buy rating, 4 Sell and 5 Hold. Therefore 18% are positive. Portland General Electric had 27 analyst reports since July 28, 2015 according to SRatingsIntel. JP Morgan maintained Portland General Electric Company (NYSE:POR) rating on Monday, October 30. JP Morgan has “Neutral” rating and $48 target. The company was maintained on Tuesday, February 13 by Wells Fargo. The firm earned “Sell” rating on Wednesday, August 5 by Zacks. As per Thursday, January 25, the company rating was maintained by JP Morgan. The firm earned “Neutral” rating on Tuesday, March 27 by JP Morgan. JP Morgan downgraded the shares of POR in report on Wednesday, October 28 to “Underweight” rating. The firm has “Sell” rating by Goldman Sachs given on Monday, June 6. The firm earned “Buy” rating on Monday, April 2 by Mizuho. The firm has “Underperform” rating by Bank of America given on Tuesday, November 22. The firm has “Neutral” rating given on Friday, December 16 by JP Morgan.

More notable recent Portland General Electric Company (NYSE:POR) news were published by: Streetinsider.com which released: “Williams Capital Upgrades Portland General Electric Company (POR) to Hold Citing Strong Q2 2018 Earnings and …” on July 30, 2018, also Benzinga.com with their article: “Earnings Scheduled For July 27, 2018” published on July 27, 2018, Fool.com published: “Portland General Electric (POR) Q2 2018 Earnings Conference Call Transcript” on July 30, 2018. More interesting news about Portland General Electric Company (NYSE:POR) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For July 30, 2018” published on July 30, 2018 as well as Bizjournals.com‘s news article titled: “PGE — and ratepayers — off the hook for $130M cost overruns on Boardman plant” with publication date: July 18, 2018.

Analysts await Portland General Electric Company (NYSE:POR) to report earnings on October, 26. They expect $0.50 earnings per share, up 13.64% or $0.06 from last year’s $0.44 per share. POR’s profit will be $44.62 million for 22.95 P/E if the $0.50 EPS becomes a reality. After $0.51 actual earnings per share reported by Portland General Electric Company for the previous quarter, Wall Street now forecasts -1.96% negative EPS growth.

More recent Walmart Inc. (NYSE:WMT) news were published by: Fool.com which released: “Walmart Earnings: What to Watch” on August 10, 2018. Also Seekingalpha.com published the news titled: “Walmart Investors’ Patience Is About To Be Rewarded” on July 22, 2018. Seekingalpha.com‘s news article titled: “Walmart: Streaming Is A Smart Move” with publication date: August 07, 2018 was also an interesting one.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.11, from 0.99 in 2017Q4. It fall, as 100 investors sold WMT shares while 555 reduced holdings. 128 funds opened positions while 451 raised stakes. 856.22 million shares or 1.10% less from 865.70 million shares in 2017Q4 were reported. Family Mngmt accumulated 28,100 shares. Meridian Inv Counsel Inc stated it has 22,330 shares. Blume Cap Management accumulated 900 shares or 0.04% of the stock. Denali Lc owns 197,151 shares or 2.81% of their US portfolio. Mitsubishi Ufj reported 80 shares. Beacon Financial has invested 0.87% in Walmart Inc. (NYSE:WMT). 23,777 were accumulated by Pinnacle Financial Partners Inc. Timber Hill Ltd Limited Liability Company has 10,181 shares. Redwood Invs Ltd Llc reported 0.86% in Walmart Inc. (NYSE:WMT). Moreover, Edge Wealth Mgmt Limited Liability Corporation has 0.02% invested in Walmart Inc. (NYSE:WMT) for 905 shares. Becker Capital Inc holds 1.94% or 656,180 shares in its portfolio. Envestnet Asset Mngmt accumulated 0.03% or 132,646 shares. Mackenzie Finance Corp, Ontario – Canada-based fund reported 638,360 shares. Kcm Invest Advsr Limited Liability Com holds 0.11% of its portfolio in Walmart Inc. (NYSE:WMT) for 20,650 shares. Moreover, Pathstone Family Office Limited Com has 0% invested in Walmart Inc. (NYSE:WMT) for 16 shares.

Freestone Capital Holdings Llc, which manages about $1.71B US Long portfolio, upped its stake in Deluxe Corp (NYSE:DLX) by 18,507 shares to 281,075 shares, valued at $20.80 million in 2018Q1, according to the filing. It also increased its holding in Vanguard Tax Managed Intl Fd (VEA) by 55,168 shares in the quarter, for a total of 964,192 shares, and has risen its stake in United Technologies Corp (NYSE:UTX).

Since June 5, 2018, it had 0 buys, and 20 selling transactions for $1.50 billion activity. Chojnowski David also sold $464,176 worth of Walmart Inc. (NYSE:WMT) shares. 1.11M shares valued at $92.97M were sold by WALTON S ROBSON on Monday, June 11. $1.57 million worth of Walmart Inc. (NYSE:WMT) was sold by Furner John R.. WALTON ALICE L had sold 1.11M shares worth $92.97M on Monday, June 11. Canney Jacqueline P sold 8,005 shares worth $676,503.

Among 38 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 21 Hold. Therefore 45% are positive. Wal-Mart Stores Inc had 159 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co on Thursday, February 8 with “Buy”. Jefferies maintained the stock with “Buy” rating in Friday, February 16 report. On Wednesday, April 6 the stock rating was maintained by Goldman Sachs with “Neutral”. The rating was maintained by UBS on Wednesday, August 19 with “Neutral”. The company was upgraded on Tuesday, December 19 by Citigroup. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, August 9. The firm has “Neutral” rating given on Friday, February 19 by M Partners. The stock has “Hold” rating by Stifel Nicolaus on Monday, September 18. Deutsche Bank downgraded Walmart Inc. (NYSE:WMT) on Monday, September 11 to “Hold” rating. The rating was initiated by Gordon Haskett with “Buy” on Tuesday, May 9.

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