The shares were bought at an average cost of $17.94 per share, for a total transaction of $986,700.00. General Electric Company (NYSE:GE) has declined 4.46% since January 12, 2017 and is downtrending. It has underperformed by 4.60% the S&P500.
Scotia Capital Inc decreased its stake in Hsbc Hldgs Plc (HSBC) by 34.87% based on its latest 2017Q3 regulatory filing with the SEC. Northwest Wealth Management LLC now owns 9,392 shares of the conglomerate's stock worth $254,000 after acquiring an additional 75 shares during the last quarter. The hedge fund held 2.76M shares of the semiconductors company at the end of 2017Q3, valued at $46.41 million, up from 2.70M at the end of the previous reported quarter. Park Circle Co who had been investing in General Electric Co for a number of months, seems to be bullish on the $163.69B market cap company. The stock increased 0.81% or $0.47 during the last trading session, reaching $59.16. Flannery John Leonard bought $2.66M worth of stock or 103,983 shares. Portland General Electric Company (NYSE:POR) has risen 12.10% since January 11, 2017 and is uptrending. It has underperformed by 18.72% the S&P500. Magellan Asset Mgmt Limited, Australia-based fund reported 60,626 shares. Therefore 65% are positive. Goldman Sachs Group set a $19.00 target price on General Electric and gave the company a neutral rating in a report on Thursday, November 30th.
Panagora Asset Management Inc. cut its position in Portland General Electric Company (NYSE:POR) by 32.2% during the third quarter, Holdings Channel reports. On Tuesday, October 24 the stock rating was downgraded by Stifel Nicolaus to "Hold". (NASDAQ:CSIQ) earned "Equal-Weight" rating by Barclays Capital on Wednesday, August 24. On Monday, April 24 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm has "Buy" rating given on Wednesday, October 14 by S&P Research. The rating was maintained by Deutsche Bank with "Sell" on Tuesday, November 21. The rating was maintained by JP Morgan with "Overweight" on Monday, September 21. Nelson Roberts Inv Advsrs Llc accumulated 0.09% or 11,265 shares. GE's profit will be $2.51 billion for 16.29 P/E if the $0.29 EPS becomes a reality. The conglomerate reported $0.29 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.20).
Since August 8, 2017, it had 2 insider buys, and 1 insider sale for $4.48 million activity. Investors of record on Wednesday, December 27th will be paid a dividend of $0.12 per share. Its down 0.10, from 0.79 in 2017Q2. It turned negative, as 112 investors sold GE shares while 818 reduced holdings.
Other institutional investors and hedge funds have also recently made changes to their positions in the company.
Shares of General Electric (NYSE:GE) traded up $0.37 during trading on Wednesday, hitting $18.93. Logan Cap invested in 1.49% or 859,866 shares. 356,255 are owned by Fulton Breakefield Broenniman Ltd Com. Segment Wealth Ltd Limited Liability Company reported 0.16% of its portfolio in General Electric Company (NYSE:GE). Citadel Advisors Ltd Llc invested 0.03% in Bank of the Ozarks (NASDAQ:OZRK). Further, Lmcg Investments Llc reported stake worth 1.05% of its portfolio. The insider now holds 20,416 shares of Portland General Electric Company (POR).
United States oil output to surpass record earlier than expected
That has changed in the last several years due to the shale revolution, but these projections surpass earlier expectations. US output will continue to rise in 2019, surpassing 11 million bpd by the end of that year, the EIA report said.
Markel Corp raised its position in shares of General Electric (NYSE:GE) by 137.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. Cincinnati Financial Corporation reported 2.60 million shares. General Electric's dividend payout ratio (DPR) is now 55.81%. Pennsylvania Co invested 1.21% in General Electric Company (NYSE:GE). This represents a $0.48 annualized dividend and a dividend yield of 2.54%. Lynch Thomas J. Jr. sold $335,172 worth of stock or 5,300 shares.
Investors sentiment increased to 0.97 in 2017 Q3. Its down 0.02, from 1.02 in 2017Q2. It dived, as 56 investors sold CSX shares while 351 reduced holdings. 78 funds opened positions while 211 raised stakes. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. Strategic Limited Liability Company stated it has 125,750 shares. Cohen Klingenstein Ltd Liability Corporation holds 156,881 shares or 0.57% of its portfolio. Sg Americas Limited Liability Company invested in 140,735 shares. Moreover, Matarin Cap Mngmt Ltd has 0.02% invested in Charter Financial Corporation (NASDAQ:CHFN) for 11,819 shares. Panagora Asset Mgmt holds 0.27% or 2.85 million shares.
Citigroup Inc. (NYSE:C) has seen its price went down by -2.89% over the course of one week. Provident Investment holds 0.08% of its portfolio in Philip Morris International Inc. Neumann Lc owns 129,120 shares. Public Sector Pension Board holds 207,677 shares. Essex Services Incorporated invested in 3% or 505,076 shares. Westwood Mgmt Il stated it has 10,500 shares. 96,283 are held by Comerica Comml Bank.
Among 19 analysts covering Bristol-Myers Squibb Company (NYSE:BMY), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 48% are positive. Inc. had 71 analyst reports since August 13, 2015 according to SRatingsIntel. (NYSE:MRK) on Thursday, November 16 with "Hold" rating. On Friday, July 22 the stock rating was initiated by Standpoint Research with "Sell". The stock has "Buy" rating by Keefe Bruyette & Woods on Thursday, December 21. (NASDAQ:CSIQ) earned "Mixed" rating by OTR Global on Wednesday, January 27. The rating was upgraded by Bernstein to "Market Perform" on Monday, November 21. On Monday, July 17 the stock rating was maintained by Cowen & Co with "Hold". It seems that Citigroup Inc. The rating was downgraded by Goldman Sachs to "Neutral" on Tuesday, July 28. (NYSE:AIG). 1.46 million are owned by New York State Teachers Retirement Sys. They expect $1.36 EPS, up 23.64% or $0.26 from last year's $1.1 per share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.2/share which shows an Earnings Surprise of -40.8 Percent.
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