Discussion stirs around Pattern Energy Group Inc. (NASDAQ:PEGI) this week; here is what analysts are saying.

Investors sentiment increased to 1.4 in Q1 2019. Its up 0.35, from 1.05 in 2018Q4. It improved, as 23 investors sold Pattern Energy Group Inc. shares while 39 reduced holdings. 31 funds opened positions while 56 raised stakes. 77.28 million shares or 1.55% less from 78.49 million shares in 2018Q4 were reported.
Moreover, Reilly Fin Advsr Llc has 0% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 1,500 shares. Argi Invest Serv Ltd stated it has 0.05% in Pattern Energy Group Inc. (NASDAQ:PEGI). Royal Financial Bank Of Canada reported 360,475 shares. Wells Fargo Com Mn owns 216,289 shares or 0% of their US portfolio. Bnp Paribas Arbitrage Sa has 0% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 19,058 shares. Avenir holds 94,038 shares or 0.22% of its portfolio. Vanguard reported 0.01% in Pattern Energy Group Inc. (NASDAQ:PEGI). Tradewinds Capital Lc holds 0% or 22 shares. Moreover, Amalgamated Fincl Bank has 0.01% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 11,160 shares. Brookfield Asset Mgmt Inc reported 0.15% in Pattern Energy Group Inc. (NASDAQ:PEGI). Rhumbline Advisers holds 0% of its portfolio in Pattern Energy Group Inc. (NASDAQ:PEGI) for 116,630 shares. 33,115 were accumulated by Voya Invest Mngmt Ltd Liability Corporation. Blackrock Inc has invested 0.01% in Pattern Energy Group Inc. (NASDAQ:PEGI). State Common Retirement Fund holds 0% or 79,400 shares. Aperio Group Ltd Liability Corp holds 136,542 shares.

Since February 1, 2019, it had 0 insider buys, and 1 sale for $25,340 activity.

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

Among 3 analysts covering Pattern Energy Group (NASDAQ:PEGI), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Pattern Energy Group had 4 analyst reports since February 1, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Sunday, March 3 by Oppenheimer. The firm has “Underperform” rating by Macquarie Research given on Monday, February 4. BMO Capital Markets downgraded the stock to “Market Perform” rating in Friday, February 1 report. Below is a list of Pattern Energy Group Inc. (NASDAQ:PEGI) latest ratings and price target changes.

29/03/2019 Broker: BidaskScore Rating: Buy Upgrade
03/03/2019 Broker: Oppenheimer Rating: Buy New Target: $28 Maintain
04/02/2019 Broker: Macquarie Research Old Rating: Neutral New Rating: Underperform Downgrade
01/02/2019 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform Downgrade

The stock decreased 1.74% or $0.41 during the last trading session, reaching $23.09. About 439,607 shares traded. Pattern Energy Group Inc. (NASDAQ:PEGI) has risen 19.08% since July 14, 2018 and is uptrending. It has outperformed by 14.65% the S&P500.

Pattern Energy Group Inc. operates as an independent power firm that owns and operates power projects in the United States, Canada, and Chile. The company has market cap of $2.27 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. It currently has negative earnings. It sells electricity and renewable energy credits primarily to local utilities and local liquid independent system organizations markets.

More notable recent Pattern Energy Group Inc. (NASDAQ:PEGI) news were published by: Fool.com which released: “Forget Pattern Energy; Brookfield Renewable Partners LP Is a Better Dividend Stock – The Motley Fool” on September 29, 2018, also Nasdaq.com with their article: “Pattern Energy (PEGI) Expected to Beat Earnings Estimates: Should You Buy? – Nasdaq” published on May 03, 2019, Finance.Yahoo.com published: “Do Hedge Funds Love Pattern Energy Group Inc (PEGI)? – Yahoo Finance” on June 29, 2019. More interesting news about Pattern Energy Group Inc. (NASDAQ:PEGI) were released by: Nasdaq.com and their article: “Pattern Energy (PEGI) Earnings Expected to Grow: Should You Buy? – Nasdaq” published on February 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Pattern Energy Group Inc. (NASDAQ:PEGI) Excessively Paying Its CEO? – Yahoo Finance” with publication date: June 24, 2019.

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

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