OGE Energy Corp. (OGE) Is At $35.21 Formed Wedge; Stratus Properties (STRS) Sentiment Is 0.93

July 1, 2018 - By Shannon Black

OGE Energy Corp. (NYSE:OGE) Logo

OGE Energy Corp. (OGE) formed wedge up with $36.62 target or 4.00% above today’s $35.21 share price. OGE Energy Corp. (OGE) has $7.03B valuation. The stock increased 0.26% or $0.09 during the last trading session, reaching $35.21. About 1.44 million shares traded. OGE Energy Corp. (NYSE:OGE) has declined 2.52% since July 1, 2017 and is downtrending. It has underperformed by 15.09% the S&P500. Some Historical OGE News: 03/05/2018 – OGE Energy Corp. 1Q Net $55M; 04/04/2018 – OG&E completes Mustang Energy Center; 22/04/2018 – DJ OGE Energy Corp, Inst Holders, 1Q 2018 (OGE); 05/03/2018 – S&PGR Rev. OGE Energy And Sub Otlks To Negative; Rtgs Afrmd; 05/03/2018 S&P REVISES OGE ENERGY CORP. OUTLOOK TO ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘A-‘; 03/05/2018 – OGE Energy 1Q Rev $492.7M; 03/05/2018 – OGE Energy Corp. Backs 2018 EPS $1.90-EPS $2.05; 03/05/2018 – OGE ENERGY CORP – COMPANY REAFFIRMS 2018 EARNINGS GUIDANCE BETWEEN $1.90 TO $2.05 PER AVERAGE DILUTED SHARE; 08/03/2018 – New 10-Megawatt SunPower® Solar Plant Generating Power for OG&E; 09/04/2018 – OGE Energy Corp. 1st Quarter 2018 Earnings Webcast

Stratus Properties Inc (STRS) investors sentiment decreased to 0.93 in Q1 2018. It’s down -2.20, from 3.13 in 2017Q4. The ratio fall, as 14 funds opened new or increased equity positions, while 15 cut down and sold their holdings in Stratus Properties Inc. The funds in our database reported: 3.22 million shares, down from 6.17 million shares in 2017Q4. Also, the number of funds holding Stratus Properties Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 13 Increased: 12 New Position: 2.

The stock decreased 3.17% or $1 during the last trading session, reaching $30.55. About 6,526 shares traded or 16.77% up from the average. Stratus Properties Inc. (STRS) has risen 14.65% since July 1, 2017 and is uptrending. It has outperformed by 2.08% the S&P500. Some Historical STRS News: 16/03/2018 – Stratus Properties Yr EPS 47c; 16/03/2018 – Stratus Properties Estimates That Its Federal Tax Rate for 2018 Will Be 21 % as a Result of U.S. Tax Reform; 16/03/2018 – Stratus Properties Inc. Reports Year Ended December 31, 2017 Results; 12/03/2018 New Stratus Energy Announces Amendment of Warrants; 16/03/2018 – Stratus Properties Latest Yr EPS Includes $2.01 for Asset-Sale Gain, 93c Charger for Tax Reform; 16/03/2018 – Stratus Properties Yr Rev $80.3M; 23/05/2018 – Stratus Named AVEVA’s 2017 Technology Partner Product of the Year; 22/04/2018 – DJ Stratus Properties Inc, Inst Holders, 1Q 2018 (STRS); 16/04/2018 – STARMALLS INC STR.PS – FY GROSS REV 5.30 BLN PESOS VS 4.48 BLN PESOS; 05/04/2018 – iLOOKABOUT and Stratus Data Systems Enter Into Non-Binding Letter of Intent

Ingalls & Snyder Llc holds 1.94% of its portfolio in Stratus Properties Inc. for 1.32 million shares. Rbf Capital Llc owns 133,131 shares or 0.48% of their US portfolio. Moreover, Oakmont Corp has 0.32% invested in the company for 81,402 shares. The Missouri-based Kennedy Capital Management Inc. has invested 0.09% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 40,950 shares.

Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company has market cap of $249.09 million. The firm operates through four divisions: Hotel, Entertainment, Real Estate Operations, and Commercial Leasing. It has a 65 P/E ratio. It primarily operates The W Austin Hotel & Residences project located on a two-acre city block in downtown Austin that comprises a 251-room luxury hotel; and 159 residential condominium units, as well as office, retail, and entertainment space.

Since February 26, 2018, it had 2 buys, and 0 sales for $63,162 activity. 1,850 OGE Energy Corp. (NYSE:OGE) shares with value of $59,934 were bought by Clarke Peter D.. 100 shares valued at $3,228 were bought by WALWORTH CHARLES B on Monday, February 26.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.08, from 1.09 in 2017Q4. It dropped, as 31 investors sold OGE Energy Corp. shares while 113 reduced holdings. 47 funds opened positions while 98 raised stakes. 123.38 million shares or 1.56% more from 121.48 million shares in 2017Q4 were reported. Commonwealth Of Pennsylvania School Empls Retrmt holds 76,800 shares. Bank & Trust Of America Corp De owns 0% invested in OGE Energy Corp. (NYSE:OGE) for 591,830 shares. British Columbia Mgmt accumulated 0.02% or 74,860 shares. Woodmont Invest Counsel holds 26,823 shares or 0.24% of its portfolio. Vanguard Group Inc Inc stated it has 0.03% in OGE Energy Corp. (NYSE:OGE). Panagora Asset Management, a Massachusetts-based fund reported 22,315 shares. First Midwest Commercial Bank Tru Division holds 0.1% or 21,402 shares in its portfolio. Luminus Limited Co invested in 643,870 shares. California State Teachers Retirement Sys reported 0.03% in OGE Energy Corp. (NYSE:OGE). Gradient Invs Limited Com reported 367 shares. Lifeplan Fincl Grp invested in 0.06% or 3,027 shares. Parametric Port Associates Limited Liability Co holds 370,507 shares or 0.01% of its portfolio. Great West Life Assurance Can reported 0.01% of its portfolio in OGE Energy Corp. (NYSE:OGE). Utd Automobile Association has invested 0% in OGE Energy Corp. (NYSE:OGE). Fjarde Ap invested in 42,953 shares.

Analysts await OGE Energy Corp. (NYSE:OGE) to report earnings on August, 2. They expect $0.52 EPS, 0.00% or $0.00 from last year’s $0.52 per share. OGE’s profit will be $103.87M for 16.93 P/E if the $0.52 EPS becomes a reality. After $0.27 actual EPS reported by OGE Energy Corp. for the previous quarter, Wall Street now forecasts 92.59% EPS growth.

Among 3 analysts covering OGE Energy (NYSE:OGE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. OGE Energy has $38.0 highest and $33 lowest target. $35.67’s average target is 1.31% above currents $35.21 stock price. OGE Energy had 6 analyst reports since January 10, 2018 according to SRatingsIntel. The stock of OGE Energy Corp. (NYSE:OGE) earned “Hold” rating by Goldman Sachs on Monday, June 25. The rating was maintained by Bank of America on Tuesday, June 19 with “Buy”. On Thursday, January 18 the stock rating was upgraded by Bank of America to “Hold”. On Wednesday, January 10 the stock rating was upgraded by Goldman Sachs to “Buy”. The rating was upgraded by Bank of America on Friday, February 23 to “Buy”.

Stratus Properties Inc. (NASDAQ:STRS) Institutional Positions Chart