As of May, 8 Pattern Energy Group Inc. (PEGI) EPS Estimated At $0.12

April 16, 2018 - By Russell Jones

Big Money Sentiment increased to 1.55 in Q4 2017. It has change of 0.51, from 2017Q3’s 1.04. The ratio is positive due to Pattern Energy Group Inc. positioning: 24 sold and 42 reduced. 34 funds took positions and 68 increased positions. Investors holded 71.15 million in 2017Q3 but now own 81.57 million shares or 14.64% more.
Citadel Limited Company has invested 0% in Pattern Energy Group Inc. (NASDAQ:PEGI). Scotia Incorporated has invested 0.01% in Pattern Energy Group Inc. (NASDAQ:PEGI). Aperio Group Incorporated Ltd owns 112,062 shs. Wells Fargo & Co Mn has 393,175 shs. Kbc Gp Nv, a Belgium-based fund reported 15,074 shs. 58,057 were reported by Walleye Trading Ltd. Orinda Asset Mgmt Lc reported 2.54% of its capital in Pattern Energy Group Inc. (NASDAQ:PEGI). Advsr Cap Lc holds 354,630 shs. Tradewinds Management Ltd Liability Co reported 20 shs. The Iowa-based Principal Fincl Inc has invested 0% in Pattern Energy Group Inc. (NASDAQ:PEGI). Amalgamated Bancorporation holds 0.01% of its capital in Pattern Energy Group Inc. (NASDAQ:PEGI) for 10,546 shs. First Mercantile Tru accumulated 31,238 shs or 0.13% of the stock. Ecofin Limited reported 967,898 shs. 27,684 are held by Teacher Retirement Systems Of Texas. Tph Asset Ltd reported 86,920 shs stake.

Pattern Energy Group Inc. registered $208,097 net activity with 2 insider buys and 1 insider sale since February 1, 2018. 2,400 Pattern Energy Group Inc. (NASDAQ:PEGI) shs with value of $49,231 were sold by Pedersen Esben W.. Another trade for 10,000 shs valued at $171,926 was made by BATKIN ALAN R on Wednesday, March 7.

On May, 8 Pattern Energy Group Inc. (NASDAQ:PEGI)’s earnings report is awaited by WallStreet, according to Zacks. Analysts have expectation on stock’s EPS of $0.12. That’s up 100.00 % from last year’s $0.06 EPS. If $0.12 is reported, PEGI’s profit will reach $11.76M for 36.65 P/E. Last quarter $0.11 EPS was reported. Analysts sees 9.09 % EPS growth this quarter. Its shares touched $17.59 on during the last trading session after 1.03% change.Currently Pattern Energy Group Inc. is downtrending after 11.28% change in last April 17, 2017. PEGI has 987,383 shares volume. PEGI underperformed the S&P 500 by 22.83%.

Pattern Energy Group Inc. (NASDAQ:PEGI) Ratings Coverage

Total analysts of 10 have positions in Pattern Energy (NASDAQ:PEGI) as follows: 6 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 60%. Since October 27, 2017 according to StockzIntelligence Inc Pattern Energy has 16 analyst reports. On Monday, March 5 Williams Capital Group downgraded the shares of PEGI in report to “Hold” rating. On Friday, March 2 Raymond James downgraded the shares of PEGI in report to “Market Perform” rating. The stock rating was maintained by RBC Capital Markets with “Buy” on Friday, October 27. The company rating was maintained by Wells Fargo on Friday, November 10. On Friday, November 10 Bank of America maintained Pattern Energy Group Inc. (NASDAQ:PEGI) with “Underperform” rating. On Friday, March 2 BMO Capital Markets maintained Pattern Energy Group Inc. (NASDAQ:PEGI) with “Outperform” rating. The company rating was maintained by BMO Capital Markets on Friday, November 10. On Wednesday, December 6 the firm has “Buy” rating by Goldman Sachs given. On Tuesday, March 20 the firm earned “Buy” rating by Desjardins Securities. On Friday, March 2 the company was upgraded by Bank of America.

Pattern Energy Group Inc. operates as an independent power firm that owns and operates power projects in the United States, Canada, and Chile.The firm is valued at $1.72 billion. As of March 1, 2017, the firm had a portfolio of 18 wind power projects with a total owned capacity of 2,644 MW.Currently it has negative earnings. It sells electricity and renewable energy credits primarily to local utilities and local liquid independent system organizations markets.

Pattern Energy Group Inc. (NASDAQ:PEGI) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.