Economy

General Electric Company (GE) Stake Decreased by World Asset Management Inc

Oppenheimer Holdings also issued estimates for General Electric's Q4 2017 earnings at $0.30 EPS, FY2017 earnings at $1.08 EPS, Q1 2018 earnings at $0.20 EPS, Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.28 EPS, Q4 2018 earnings at $0.42 EPS, FY2018 earnings at $1.15 EPS and FY2019 earnings at $1.40 EPS.

General Electric (NYSE GE) traded up $0.05 during mid-day trading on Tuesday, hitting $20.17. About 170,700 shares traded.

More notable recent General Electric Company (NYSE:GE) news were published by: "Seekingalpha.com which released: "GE's CEO, John Flannery, Faces Crucial "Vision" Day" on November 02, 2017, also Investorplace.com with their article: "General Electric Company â€" Should You Catch It at $20?" published on November 03, 2017, Seekingalpha.com published: "General Electric: "The End Must Be Near" on October 11, 2017. It has underperformed by 21.16% the S&P500.

Sabal Trust Co increased Bb&T Corp (BBT) stake by 4.13% reported in 2017Q2 SEC filing. The Wisconsin-based Jacobus Wealth Management Inc. has invested 0.67% in the stock. The firm owned 2,446,882 shares of the conglomerate's stock after selling 102,341 shares during the quarter. Penobscot Investment Management Company Inc who had been investing in Church & Dwight Co Inc for a number of months, seems to be bullish on the $10.83 billion market cap company. Afam Cap Incorporated accumulated 62,795 shares or 0.22% of the stock. It has outperformed by 8.25% the S&P500.

Blume Capital Management Inc, which manages about $302.15 million and $176.10 million US Long portfolio, decreased its stake in Vanguard St Corporate Bond Etf (VCSH) by 5,350 shares to 10,167 shares, valued at $814,000 in 2017Q2, according to the filing.

Since May 15, 2017, it had 3 insider purchases, and 0 sales for $3.37 million activity. On Wednesday, May 17 the insider Beattie William G bought $110,800. Its down 0.04, from 0.89 in 2017Q1. It dived, as 85 investors sold GE shares while 816 reduced holdings. The legal version of this report can be read at https://stocknewstimes.com/2017/11/07/texas-permanent-school-fund-has-66-09-million-stake-in-general-electric-company-ge.html. Strategic Fin Svcs invested in 1.02% or 215,350 shares. Natixis Asset Mngmt accumulated 7% or 2.96 million shares. TheStreet upgraded the shares of GE in report on Tuesday, July 21 to "Buy" rating. Daiwa Sb Investments Limited, Japan-based fund reported 670 shares.

General Electric (NYSE:GE) last posted its earnings results on Friday, October 20th. Northwest Wealth Management LLC increased its position in shares of General Electric by 0.8% during the second quarter. Penobscot Investment Management Company Inc bought 7,270 shares as the company's stock rose 0.08% with the market. New York-based Hap Trading Ltd Com has invested 0.06% in General Electric Company (NYSE:GE). Jpmorgan Chase & reported 0.05% of its portfolio in Portland General Electric Company (NYSE:POR). Mai Capital Management has invested 0.89% in General Electric Company (NYSE:GE). General Electric Company has a 12-month low of $19.63 and a 12-month high of $32.38. Alpha Cubed Investments Ltd Company has 470,552 shares for 2.18% of their portfolio. Citigroup Inc holds 0% of its portfolio in Portland General Electric Company (NYSE:POR) for 5,491 shares. During the same period past year, the firm earned $0.32 earnings per share. Asset Mgmt One Com Limited reported 13.69 million shares. Stifel Nicolaus reduced their price target on shares of General Electric from $33.00 to $28.00 and set a "buy" rating for the company in a report on Tuesday, July 25th. Therefore 14% are positive. Credit Suisse Group restated an "outperform" rating and set a $33.00 price objective on shares of General Electric in a research report on Saturday, July 22nd. The company now has an average rating of Hold and an average price target of $32.56. Private Capital Advisors Inc sold 211,862 shares as General Electric Co Com (GE)'s stock declined 7.64%. On Monday, October 23 the stock rating was downgraded by UBS to "Neutral". As per Tuesday, July 25, the company rating was maintained by Morgan Stanley. The firm earned "Neutral" rating on Wednesday, April 26 by Bank of America. Standpoint Research has "Hold" rating and $24 target. On Wednesday, October 18 the stock rating was maintained by Stifel Nicolaus with "Hold".

Among 29 analysts covering BB&T Corp (NYSE:BBT), 9 have Buy rating, 1 Sell and 19 Hold. Therefore 56% are positive. Church & Dwight had 49 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Buy" rating by Vetr on Wednesday, August 26. The rating was upgraded by Barclays Capital on Friday, March 24 to "Overweight". Jefferies maintained the shares of CHD in report on Thursday, August 3 with "Buy" rating. The ex-dividend date of this dividend is Friday, December 22nd. Oppenheimer downgraded the stock to "Perform" rating in Monday, September 21 report. On Tuesday, November 24 the stock rating was initiated by Piper Jaffray with "Neutral". The company's quarterly revenue was up 11.5% compared to the same quarter last year. sell-side analysts anticipate that General Electric Company will post 1.06 earnings per share for the current fiscal year. It also increased its holding in Zto Express Cayman Inc Adr by 92,084 shares in the quarter, for a total of 410,113 shares, and has risen its stake in Spirit Aerosystems Hldgs Inc (NYSE:SPR).



Like this

loading...
loading...

Latest


07 November 2017
Antonio Conte responds to AC Milan links
The Rossoneri are already 13 points behind Napoli in Serie A , while fourth-placed Lazio are nine ahead with a game in hand. But speaking after Chelsea's 1-0 win at home to Manchester United yesterday, Conte told Sky Italia: " Milan? ".

07 November 2017
Russell Crowe, Nicolas Hoult join 'True History of the Kelly Gang'
MacKay will portray notorious bushranger Ned Kelly , who died at the age of 25 in 1880 in a shootout with Australian police. Producing alongside Porchlight Film's Watts are Daybreak Pictures' Hal Vogel and Romulus Entertainment's Brad Feinstein.

07 November 2017
Experts Watch-list Companies: Bristol-Myers Squibb Company (BMY), HCP, Inc. (HCP)
Bristol-Myers Squibb accounts for 2.0% of Decatur Capital Management Inc.'s holdings, making the stock its 24th biggest position. The stock of Bristol-Myers Squibb Co (NYSE: BMY ) has "Hold" rating given on Thursday, October 26 by Piper Jaffray.

07 November 2017
Starbucks Has a New Way to Get More of Your Money
Salads, breakfast sandwiches, desserts, and a full bar serving Aperol spritz and more drinks completes the fancy upgrade. As these new Roastery locations open, Princi will be the exclusive food provider.

07 November 2017
Diana Containerships Inc. (DCIX) Recent Ownership Changes
This works out to a net decrease in ownership of 32 shares, and suggests that institutions are feeling bearish about the stock. Wells Fargo "Downgrades" Diana Containrshp (NASDAQ:DCIX) in a research note issued to investors on 11/20/15 to Underperform.

07 November 2017
Nokia Corporation (NOK) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS
Argus "Downgrades" Nokia Corp (NYSE:NOK) in a research note issued to investors on 10/30/17 to Hold with price target of $0. The business had revenue of $5.54 billion during the quarter, compared to analysts' expectations of $5.64 billion.

07 November 2017
Analysts Anticipate Netflix, Inc
The company holds a market cap of 86.3B with a P/E of 202.56 indicating whether its share price properly reflects its performance. Following the transaction, the chief executive officer now directly owns 93,380 shares in the company, valued at $15,507,616.60.

07 November 2017
Analysts' Activity: Sino-Global Shipping (SINO) and Marchex Inc (MCHX)
In current trading day Sino-Global Shipping America, Ltd. (SINO) stock confirmed the flow of 5.38% with the final price of $2.94. Stock's minimum price target estimates has been figured out at $3.1 while the maximum price target forecast is established at $4.

07 November 2017
Polo GTI to go rallying again!
The Dutchman was previously Sébastien Ogier's race engineer; Ogier won the drivers' title with Volkswagen four times in a row. And Gerard-Jan de Jongh also brings all his expertise as the senior project engineer.

07 November 2017
Incoming Liverpool signing Naby Keita appealing in forgery case
The fine is calculated based on an assumed rate of income, with the court of the belief that Keita earns €3m per year at Leipzig. Staff at Leipzig's licensing centre became suspicious and handed the documents to police.