The Bear Case for General Electric Company (GE)

The Bear Case for General Electric Company (GE)”

Ally Financial Inc who had been investing in Comcast Corp for a number of months, seems to be bullish on the $191.24B market cap company. The stock increased 0.34% or $0.1381 during the last trading session, reaching $40.9181. It is down 10.59% since December 26, 2016 and is uptrending.

Peter S. Park increased its stake in General Electric Co (GE) by 16.41% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 133,816 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $3.24 million, down from 149,866 at the end of the previous reported quarter. Financial Counselors Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $152.05B market cap company. The stock increased 1.01% or $0.1753 during the last trading session, reaching $17.5553. About 1.57 million shares traded or 4.82% up from the average.

Portland General Electric Company (POR) price traded at a gap of -5.28% from an average price of last twenty days and stands at a distance of -4.37% away from it's an average price of recent fifty days. It has underperformed by 21.16% the S&P500. Therefore 53% are positive.

Portland General Electric Company (POR) stock has current RSI value of 30.93. Bernstein maintained the stock with "Market Perform" rating in Tuesday, July 26 report. Bank of America started coverage on shares of El Paso Electric in a research note on Tuesday, October 24th. The company was maintained on Thursday, March 23 by RBC Capital Markets. The firm has "Hold" rating given on Monday, August 7 by Cowen & Co.

Since August 8, 2017, it had 2 insider buys, and 1 insider sale for $4.48 million activity. Also, Chairman John Leonard Flannery purchased 60,000 shares of General Electric stock in a transaction that occurred on Wednesday, November 15th.

Cohen & Steers Inc, which manages about $36.65 billion US Long portfolio, upped its stake in Nuveen Dividend Advan Muni Inc (NVG) by 28,798 shares to 219,263 shares, valued at $3.37M in 2017Q3, according to the filing.

More news: CSX Corporation (CSX) Analysts See $0.56 EPS

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2.

Teachers Retirement System of The State of Kentucky cut its position in shares of General Electric Company (NYSE:GE) by 10.3% during the fourth quarter, Holdings Channel reports.

Several hedge funds have recently made changes to their positions in EE. Thompson Rubinstein Invest Mngmt Or invested in 0.65% or 77,302 shares. (NYSE:XEL) by 345,390 shares in the quarter, for a total of 3.61 million shares, and has risen its stake in Wi. General Electric Company had 79 analyst reports since July 21, 2015 according to SRatingsIntel.

General Electric Company (NYSE:GE) last issued its earnings results on Friday, April 21st. RBC Capital Markets maintained General Electric Company (NYSE:GE) on Monday, January 25 with "Outperform" rating. Moreover, Ironwood Mngmt Ltd Limited Liability Company has 0.54% invested in General Electric Company (NYSE:GE). Stifel Nicolaus downgraded The Mosaic Company (NYSE:MOS) on Tuesday, May 31 to "Hold" rating. Northeast Invest Management has invested 1.53% in General Electric Company (NYSE:GE). Teachers Retirement System of The State of Kentucky's holdings in General Electric Company were worth $34,803,000 at the end of the most recent quarter. Exane Derivatives holds 0.17% or 38,507 shares in its portfolio. The utilities provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.70 by ($0.23).

El Paso Electric Company is a public utility company. Chemung Canal Tru holds 1.29% or 233,937 shares in its portfolio. Tiaa Cref Investment Mgmt Ltd Llc has invested 0.01% of its portfolio in DDR Corp. (NYSE:KMT) to report earnings on February, 7. The conglomerate reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.04. The firm has a market capitalization of $2,238.64, a PE ratio of 22.98, a P/E/G ratio of 4.24 and a beta of 0.47. Budros Ruhlin & Roe reported 0.59% of its portfolio in General Electric Company (NYSE:GE). Old Second National Bank & Trust Of Aurora has 126,462 shares for 1.27% of their portfolio. Comcast Corporation had 67 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of EQT Corporation (NYSE:EQT) earned "Overweight" rating by JP Morgan on Thursday, October 12. The company was maintained on Monday, July 3 by Stifel Nicolaus. The firm has "Equal-Weight" rating by Morgan Stanley given on Thursday, October 6. The firm earned "Sell" rating on Wednesday, July 26 by Citigroup. As per Wednesday, November 22, the company rating was maintained by Cowen & Co.

Investors sentiment increased to 1.34 in 2017 Q3. Its up 0.18, from 0.9 in 2017Q2. It is positive, as 18 investors sold DDR shares while 74 reduced holdings. 184.83 million shares or 6.77% more from 173.11 million shares in 2017Q2 were reported. Oakworth Cap reported 0% in International Speedway Corporation (NASDAQ:ISCA). Principal Group Inc Incorporated has 265,853 shares. Public Employees Retirement System of OH now owns 9,237 shares of the utilities provider's stock valued at $478,000 after purchasing an additional 90 shares in the last quarter. Canada Pension Plan Invest Board holds 0.1% or 1.93M shares in its portfolio. (NYSE:DDR). 15,570 are held by Profund Advsr Ltd Liability Company. Johnson Fincl Grp Inc accumulated 107,328 shares. Swiss Bancorp, a Switzerland-based fund reported 42,700 shares. Engineers Gate Manager LP holds 91,622 shares or 0.19% of its portfolio. Hence the difference between Predicted EPS and Actual EPS reported is $-0.2/share which shows an Earnings Surprise of -40.8 Percent. Telsey Advisory Group maintained the shares of CMCSA in report on Tuesday, January 24 with "Outperform" rating. (NYSE:KMT). Sg Americas Securities owns 21,214 shares. Jpmorgan Chase & Com stated it has 281,878 shares or 0% of all its holdings.

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