The week was crucial for Pattern Energy Group Inc. (NASDAQ: PEGI); Here's what analysts have to say.



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July 8, 2018 – By Hugh Holland

Investor sentiment declined to 1.34 in 2018 Q1. Its down 0.21 from 1.55 in 2017Q4. It turned negative as 17 investors sold shares in Pattern Energy Group Inc. while 47 reduced their holdings. 24 funds opened positions while 62 raised issues. 90.43 million shares, or 10.86% more than 81.57 million shares in the fourth quarter of 2017.
LLP Fincl Limited Liability Company said 0% of its portfolio in Pattern Energy Group Inc. (NASDAQ: PEGI). Perella Partners Weinberg Mngmt Limited Partnership invested 0.05% in Pattern Energy Group Inc. (NASDAQ: PEGI) for 67,571 shares. Sentry Investments Corp has 207,345 shares. 13,421 were accumulated by Peak6 Invs L P. Commercial Bank Of America reported 88,298 shares of stock. Northern Corporation holds 960,793 shares. Future has declared 103,798 shares. Tiaa Cref Investment Limited Liability Com invested in 486,576 shares. Sg Americas Lc holds 0% of its portfolio in Pattern Energy Group Inc. (NASDAQ: PEGI) for 15,437 shares. Cbre Clarion holds 0.02% or 97,928 shares. Atria Investments Lc holds 0.01% of its portfolio in Pattern Energy Group Inc. (NASDAQ: PEGI) for 13,878 shares. Nuveen Asset Limited Com reported 242,668 shares. Qs Investors Llc, a New York-based fund, reported 127,023 shares. Smithfield Trust invested 0% in Pattern Energy Group Inc. (NASDAQ: PEGI). Ardsley Advisory Ptnrs holds 492,500 shares, representing 1.28% of its portfolio.

Since February 1, 2018, there have been 2 insider purchases and 1 sale for $ 208,097 activity. Another exchange of 5,000 shares valued at $ 85,402 was made by Hall Douglas G. on Tuesday, March 6th. Pedersen Esben W. sold another fund of 2,400 shares valued at $ 49,231.

Pattern Energy Group Inc. (NASDAQ: PEGI) Coverage of ratings

Of the 8 badysts covering Pattern Energy (NASDAQ: PEGI), 5 have Buy, 0 Sell and 3 Hold ratings. As a result, 63% are positive. Pattern Energy has recorded 11 badyst reports since February 6, 2018 according to SRatingsIntel. The action of Pattern Energy Group Inc. (NASDAQ: PEGI) has a "hold" rating given on Friday, March 2 by Bank of America. The action of Pattern Energy Group Inc. (NASDAQ: PEGI) received the note "Buy" given Thursday, March 15 by Goldman Sachs. The firm received the "Purchase" rating from Desjardins Securities on Tuesday, February 27. On Friday, March 2, Raymond James lowered the rating of his shares to "Market Perform". The firm earned an "outperformance" rating on Friday, March 2, from BMO Capital Markets. The company was awarded the "Buy" rating on Tuesday, February 6 by BMO Capital Markets. The stock is quoted "Hold" by Williams Capital Group on Monday, March 5th. The company was awarded a "Buy" rating by Desjardins Securities on Tuesday, March 20th. RBC Capital Markets has maintained the PEGI shares in its report of Friday, March 2 with "Buy" valuation. The action of Pattern Energy Group Inc. (NASDAQ: PEGI) received the note "Buy" given Friday, March 2 by Guggenheim. Below is a list of the latest quotes and price target changes from Pattern Energy Group Inc. (NASDAQ: PEGI)

23/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $ 21,0000 Manage
20/03/2014 Broker: Desjardins Securities Rating: Buy New Target: $ 23.0 Maintain
15/03/2018 Broker: Goldman Sachs Evaluation: Buy New Target: $ 22.0 Maintain
05 / 03/2018 Broker: Williams Capital Group Seniority: Buy New Note: Staying Away
02/03/2018 Broker: Guggenheim Rating: Buy New Target: $ 25.0 Maintain
02/03/2018 Broker: RBC Capital Markets Rating: Buy New Target: $ 23.0 Maintain
02 / 03/2018 Broker: Bank of America Rating: Maintain New Target: $ 17.0 Upgrade
02/03/2018 Broker: BMO Capital Markets Old note: Outstanding New note: Outstanding Old target: $ 26 New she targets: $ 24 Maintain
02 / 03/2018 Broker: Raymond James Former Rating: Outperform New Rating: Mark Market Down
27/02/2018 Broker: Desjardins Securities Market Value: Buy New Target: $ 26.5 Gain

The stock rose 0.79% or $ 0.15 during the last trading session, to reach $ 19.1. Approximately 483,856 shares were traded. Pattern Energy Group Inc. (NASDAQ: PEGI) has fallen 19.62% since July 8, 2017 and is trending downward. It underperformed the S & P500 by 32.19%.

Pattern Energy Group Inc. is an independent power company that owns and operates energy projects in the United States, Canada and Chile. The company has a market capitalization of $ 1.87 billion. As of March 1, 2017, the company had a portfolio of 18 wind projects with a total capacity of 2,644 MW. It has a P / E ratio of 15.63. It sells electricity and renewable energy credits primarily to local businesses and local independent liquids systems organizations.

More recent news from Pattern Energy Group Inc. (NASDAQ: PEGI) was published: Fool.com Buy Now "on June 14, 2018. Also Nasdaq.com published the news headlines:" 3 stocks to buy and to keep for the next 50 years "June 29, 2018. Benzinga.com news article titled:" Raymond James Updates Clean Tech Outlook: M & A, Yield In Focus "with release date: July 05, 2018 was also an interesting.

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

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By Hugh Holland

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