U.S. Geothermal (NYSEAMERICAN:HTM) has earned an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $6.00.
HTM has been the topic of several analyst reports. Zacks Investment Research lowered U.S. Geothermal from a “hold” rating to a “sell” rating in a report on Friday, March 9th. Roth Capital reissued a “buy” rating on shares of U.S. Geothermal in a report on Friday, April 6th. Finally, TheStreet raised U.S. Geothermal from a “d” rating to a “c” rating in a report on Wednesday, February 14th.
A number of large investors have recently added to or reduced their stakes in HTM. Dimensional Fund Advisors LP raised its position in U.S. Geothermal by 175.1% in the third quarter. Dimensional Fund Advisors LP now owns 71,160 shares of the energy company’s stock valued at $284,000 after purchasing an additional 45,289 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of U.S. Geothermal during the first quarter worth about $303,000. Municipal Employees Retirement System of Michigan bought a new position in shares of U.S. Geothermal during the fourth quarter worth about $309,000. B. Riley Financial Inc. bought a new position in shares of U.S. Geothermal during the fourth quarter worth about $345,000. Finally, Kennedy Capital Management Inc. raised its position in shares of U.S. Geothermal by 53.9% during the fourth quarter. Kennedy Capital Management Inc. now owns 115,534 shares of the energy company’s stock worth $399,000 after acquiring an additional 40,475 shares during the last quarter.
U.S. Geothermal Company Profile
U.S. Geothermal Inc, a renewable energy company, focuses on the development, production, and sale of electricity from geothermal energy resources in the Western United States and the Republic of Guatemala. The company owns and operates geothermal power projects with a total power generation capacity of approximately 39 megawatts located at Neal Hot Springs, Oregon; San Emidio, Nevada; and Raft River, Idaho.
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