Economy

(GE) Given a $31.00 Price Target by Stifel Nicolaus Analysts

Fishman Jay A Ltd decreased General Electric Co (GE) stake by 64.94% reported in 2017Q2 SEC filing.

Turning to General Electric Company (NYSE:GE), its shares were trading at $20.16 a retreat of $-0.25, on the trading floor.

Wellington Shields Capital Management Llc, which manages about $901.02 million and $612.90 million US Long portfolio, upped its stake in Viacom Inc Cl B (NASDAQ:VIAB) by 18,904 shares to 33,335 shares, valued at $1.12 million in 2017Q2, according to the filing.

General Electric Company (NYSE:GE) that has shown a discernible change in trend levels over the path of recent market activity. The lowest price the stock reached in the last trading day was $20.05 and compares with the $20.05 52-week low. 9,715,892 shares of the company traded hands.

General Electric Company (NYSE:GE) belongs to Industrial Goods sector, the firm standing on a contradictory position. It has underperformed by 21.16% the S&P500. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. Therefore 32% are positive. F&M Bank has $119 highest and $10 lowest target. F&M Bank had 54 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Monday, November 30 by RBC Capital Markets. As per Friday, October 14, the company rating was maintained by UBS. Cowen & Co has "Market Perform" rating and $29 target. The company was maintained on Friday, September 15 by RBC Capital Markets. The stock has "Buy" rating by Barclays Capital on Friday, July 21. The stock of Microsoft Corporation (NASDAQ:MSFT) earned "Buy" rating by Goldman Sachs on Tuesday, July 18. The company was downgraded on Tuesday, October 24 by Oppenheimer. Insiders own 0.23% of the company's stock. FARLEY JR JAMES D sold $279,068 worth of Ford Motor Company (NYSE:F) on Monday, June 12. James Investment Research Inc. now owns 5,850 shares of the company's stock valued at $184,000 after buying an additional 150 shares during the last quarter. Aegean Marine Petroleum Netw (NYSE:ANW) was reduced too.

Investors sentiment decreased to 0.79 in Q2 2017. Its up 0.50, from 0.5 in 2017Q1. 132 funds opened positions while 703 raised stakes. Magellan Asset Mgmt reported 509 shares. Caisse De Depot Et Placement Du Quebec reported 2.33M shares stake. Meeder Asset Mgmt Inc has 4,209 shares. Mastrapasqua Asset Management stated it has 21,830 shares. Brown Advisory Ltd Liability Co owns 51,297 shares. Price T Rowe Assocs Md stated it has 0.04% in Ford Motor Company (NYSE:F). The stock was purchased at an average cost of $31.45 per share, with a total value of $1,572,500.00. Weatherly Asset Lp accumulated 57,066 shares. 24 are owned by Private Ocean Lc. Estabrook Mngmt holds 0% or 786,482 shares. (NYSE:VZ). Savant Ltd Liability Com holds 23,757 shares. Ferguson Wellman Management owns 122,798 shares or 0.21% of their USA portfolio.

Since May 23, 2017, it had 1 insider buy, and 0 selling transactions for $3,572 activity.

General Electric (NYSE:GE) last posted its quarterly earnings data on Friday, July 22nd. The insider PITTMAN DONALD S bought 233 shares worth $3,572.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.12, from 1 in 2017Q1. It dropped, as 85 investors sold GE shares while 816 reduced holdings.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Visionary Asset stated it has 0.79% of its portfolio in General Electric Company (NYSE:GE). 90,390 were accumulated by Hartline. High Pointe Limited Co invested in 41,050 shares or 1.72% of the stock. Baxter Bros owns 364,906 shares for 2.97% of their portfolio. Vaughan Nelson Inv Mngmt Ltd Partnership owns 31,825 shares. About shares traded. Verizon Communications Inc. Kinsight Limited Liability Co has invested 0.27% of its portfolio in General Electric Company (NYSE:GE). Richard Bernstein Advisors Limited Liability Corporation, a New York-based fund reported 66,728 shares. Mcmillion Cap Mngmt Incorporated, a North Carolina-based fund reported 113,344 shares. S&T National Bank & Trust Pa reported 302,999 shares. First Citizens Bancorporation And Tru invested in 0.98% or 283,326 shares.

Among 24 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 9 Hold. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -12.24% from last close price of 20.16 and act as support or resistance of price limit. Finally, Zacks Investment Research raised shares of General Electric from a sell rating to a hold rating in a report on Thursday, June 30th. Crestwood Advsr Group Ltd Liability has invested 0.09% in General Electric Company (NYSE:GE). The stock of General Electric Company (NYSE:GE) has "Buy" rating given on Wednesday, October 14 by Stifel Nicolaus. The stock has "Buy" rating by on Monday, October 10. Morgan Stanley has "Equal-Weight" rating and $26 target. The firm has "Buy" rating given on Monday, October 23 by Citigroup.



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