US Geothermal (NYSEAMERICAN:HTM) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d” rating in a research report issued to clients and investors on Wednesday.

HTM has been the topic of several other research reports. Roth Capital set a $5.00 price target on shares of US Geothermal and gave the stock a “buy” rating in a research report on Thursday, November 16th. Zacks Investment Research cut shares of US Geothermal from a “hold” rating to a “sell” rating in a research note on Monday, November 20th. ValuEngine raised shares of US Geothermal from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Cowen set a $6.00 price objective on shares of US Geothermal and gave the stock a “buy” rating in a report on Friday, August 18th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $5.67.

Shares of US Geothermal (NYSEAMERICAN:HTM) traded down $0.03 on Wednesday, reaching $3.37. 44,500 shares of the company’s stock were exchanged, compared to its average volume of 39,518. US Geothermal has a 1 year low of $3.24 and a 1 year high of $4.94.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in US Geothermal by 72.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,871 shares of the energy company’s stock valued at $119,000 after purchasing an additional 10,864 shares in the last quarter. Northern Trust Corp increased its position in US Geothermal by 1.2% during the second quarter. Northern Trust Corp now owns 33,281 shares of the energy company’s stock worth $153,000 after buying an additional 392 shares during the period. Bank of New York Mellon Corp increased its position in US Geothermal by 69.4% during the second quarter. Bank of New York Mellon Corp now owns 35,186 shares of the energy company’s stock worth $161,000 after buying an additional 14,411 shares during the period. Finally, Private Management Group Inc. grew its stake in shares of US Geothermal by 10.8% in the 2nd quarter. Private Management Group Inc. now owns 1,812,458 shares of the energy company’s stock valued at $8,319,000 after purchasing an additional 177,176 shares during the last quarter.

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US Geothermal Company Profile

U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.

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