General Electric Company (NYSE:GE) Stake Boosted by Shell Asset Management Co

Lloyd Doyle
October 23, 2017

Microsoft Corporation had 121 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with "Buy" on Thursday, September 7. Needham maintained the shares of OCLR in report on Wednesday, February 3 with "Buy" rating. The rating was maintained by Morgan Stanley on Monday, October 2 with "Equal-Weight". The firm earned "Buy" rating on Friday, October 14 by UBS. The firm has "Buy" rating by given on Monday, October 10. The rating was maintained by Cowen & Co with "Outperform" on Thursday, April 7.

Community Bank Of Raymore increased its stake in General Electric Co (GE) by 40.33% based on its latest 2017Q2 regulatory filing with the SEC. Weiss Asset Management Lp bought 166,000 shares as the company's stock declined 8.47% while stock markets rallied. UBS Oconnor LLC now owns 2,025,000 shares of the conglomerate's stock valued at $60,345,000 after buying an additional 1,798,877 shares during the last quarter. J P Morgan Chase & Co increased their price objective on shares of Portland General Electric from $46.00 to $47.00 and gave the company a "neutral" rating in a research report on Thursday, October 12th. The stock increased 1.06% or $0.25 on October 20, reaching $23.83. About 192.40 million shares traded or 277.48% up from the average.

General Electric (NYSE:GE) last released its quarterly earnings data on Friday, October 20th. It has underperformed by 21.16% the S&P500.

Balasa Dinverno & Foltz Llc decreased Ishares S&P 500 (IVV) stake by 2,204 shares to 267,784 valued at $65.18 million in 2017Q2. It also reduced Lions Gate Entertainment Corp. IL now owns 5,737 shares of the utilities provider's stock valued at $259,000 after buying an additional 950 shares in the last quarter. Fedex (NYSE:FDX) was reduced too. Hgk Asset Mgmt Inc holds 0.1% of its portfolio in General Electric Company (NYSE:GE) for 26,143 shares. Therefore 80% are positive. J P Morgan Chase & Co set a $22.00 price target on General Electric and gave the company a "sell" rating in a research report on Monday, July 24th. Credit Suisse maintained Mondelez International Inc (NASDAQ:MDLZ) on Tuesday, January 19 with "Outperform" rating. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Tuesday, September 22 by Vetr. Northland Capital maintained the shares of OCLR in report on Thursday, November 19 with "Outperform" rating. The rating was downgraded by TheStreet on Wednesday, August 26 to "Buy". The rating was maintained by Bernstein on Tuesday, July 26 with "Market Perform". The original version of this piece can be viewed at https://stocknewstimes.com/2017/10/22/general-electric-company-ge-shares-sold-by-klingenstein-fields-co-llc.html. Deutsche Bank has "Hold" rating and $29 target. The rating was maintained by Cowen & Co on Friday, July 29 with "Market Perform".


Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.08, from 1.59 in 2017Q1. It fall, as 85 investors sold GE shares while 816 reduced holdings. Nationwide Fund Advisors raised its position in General Electric by 41.6% in the 1st quarter. Essex Invest Mngmt Limited Liability Com owns 350,236 shares. 1,046,181 shares of the company's stock were exchanged. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Tuesday, August 25 by Deutsche Bank. Noesis Mangement owns 0.68% invested in General Electric Company (NYSE:GE) for 66,058 shares. Welch Limited Liability Corp stated it has 0.11% of its portfolio in General Electric Company (NYSE:GE). Eagleclaw Capital Managment Limited Com reported 25,950 shares. Finally, BidaskClub cut General Electric from a "sell" rating to a "strong sell" rating in a research report on Wednesday, June 28th. Of Vermont holds 1.44% or 521,141 shares. About 7.61M shares traded. Tiaa Cref Investment Mngmt Llc holds 0.01% or 1.13 million shares. Independent Invsts invested in 115,719 shares or 1.35% of the stock. Peconic Ptnrs Limited Liability Com has 40,000 shares. Sit Associates reported 19,152 shares. During the same quarter in the prior year, the company earned $0.32 earnings per share. Saturna Capital Corporation accumulated 13,654 shares.

Since May 15, 2017, it had 3 insider buys, and 0 insider sales for $3.37 million activity. $110,800 worth of General Electric Company (NYSE:GE) was bought by Beattie William G. Shares for $2.81 million were bought by IMMELT JEFFREY R on Monday, May 15.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.11, from 1.75 in 2017Q1.

Several other institutional investors and hedge funds also recently made changes to their positions in GE. 91 funds opened positions while 359 raised stakes. 114.12 million shares or 4.08% more from 109.65 million shares in 2017Q1 were reported. Sawgrass Asset Mgmt Ltd reported 44,360 shares. New York-based Jennison Llc has invested 0.27% in Global Payments Inc (NYSE:GPN). Synovus Fincl invested in 1.00M shares or 0.54% of the stock. Mu Invs Limited has 430 shares. Insiders acquired a total of 233,253 shares of company stock valued at $5,860,264 in the last quarter. 424,631 were reported by Sumitomo Mitsui Tru Holdg. Parthenon Lc invested 2.92% in General Electric Company (NYSE:GE). Roffman Miller Pa has 548,774 shares for 2.03% of their portfolio. Tower Research Capital Ltd Com (Trc) accumulated 100 shares. Moreover, Pub Sector Pension Inv Board has 0.01% invested in Global Payments Inc (NYSE:GPN) for 17,200 shares. Front Barnett Assoc Lc holds 8,637 shares. Apg Asset Management Nv reported 0.01% of its portfolio in Global Payments Inc (NYSE:GPN). Sva Plumb Wealth Limited Liability stated it has 1.23% of its portfolio in General Electric Company (NYSE:GE). The company was maintained on Thursday, March 23 by RBC Capital Markets. The Firm provides payment and digital commerce solutions. It has a 16.17 P/E ratio. The Firm operates through three divisions: North America, Europe and Asia-Pacific. The shares were sold at an average price of $25.65, for a total value of $633,375.45. $52,854 worth of Global Payments Inc (NYSE:GPN) was sold by SILBERSTEIN ALAN M. BALDWIN ROBERT H B JR also sold $4.25 million worth of Global Payments Inc (NYSE:GPN) shares.

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