Pacific Gas & Electric Co. stock is trading -13.51% below its average target price of $19.5 after marking a 1.0% during today's morning session. Analysts are giving the large-cap Utilities—Independent Power Producers company an average rating of buy and target prices ranging from $14.0 to $21.0 per share.
Pacific Gas & Electric Co.'s short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.5%. The stock's short ratio is 1.78. The company's insiders own 2.84% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 74.2%. In conclusion, we believe there is positive market sentiment regarding Pacific Gas & Electric Co..
Institutions Invested in Pacific Gas & Electric Co.
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-06-30 | Vanguard Group Inc | 10% | 246,675,783 | $4,160,187,023 |
2023-06-30 | FMR, LLC | 7% | 171,985,300 | $2,900,532,045 |
2023-06-30 | Blackrock Inc. | 6% | 144,035,914 | $2,429,165,656 |
2023-06-30 | Capital Research Global Investors | 5% | 129,917,458 | $2,191,057,899 |
2023-06-30 | Capital International Investors | 4% | 101,021,577 | $1,703,728,872 |
2023-06-30 | JP Morgan Chase & Company | 4% | 93,897,501 | $1,583,581,332 |
2023-06-30 | State Street Corporation | 3% | 88,758,535 | $1,496,912,672 |
2023-06-30 | Massachusetts Financial Services Co. | 3% | 65,341,888 | $1,101,990,926 |
2023-06-30 | Third Point, LLC | 2% | 54,000,000 | $910,709,987 |
2023-06-30 | Blackstone Inc | 2% | 48,078,945 | $810,851,396 |