56.4% Of General Electric Company (GE) Is Owned By Hedge Funds

56.4% Of General Electric Company (GE) Is Owned By Hedge Funds
Private Wealth Partners Has Lifted General Electric Co (GE) Position; Macquarie (MFD) Sentiment Is 0.5
Author

28 August, 2017

Private Na stated it has 1.74% in General Electric Company (NYSE:GE). The stock increased 0.78% or $0.19 during the last trading session, reaching $24.49. About 5,314 shares traded. Moreover, Woodmont Inv Counsel Limited Liability Company has 1.44% invested in General Electric Company (NYSE:GE) for 158,274 shares. It has underperformed by 21.16% the S&P500.

First Republic Investment Management Inc decreased its stake in General Electric Co (GE) by 4.1% based on its latest 2016Q4 regulatory filing with the SEC. Crow Point Partners Llc acquired 3,096 shares as Mastercard Incorporated Class A (MA)'s stock rose 7.46%. The Umb Bank N A holds 656,977 shares with $20.76M value, down from 760,403 last quarter. Sound Shore Management Inc who had been investing in General Electric Company for a number of months, seems to be less bullish one the $212.08B market cap company. The stock rose 0.11% or $0.08 reaching $75.91 per share.

About 4.35M shares traded. It has outperformed by 94.55% the S&P500.

Among 23 analysts covering Mastercard Incorporated (NYSE:MA), 17 have Buy rating, 0 Sell and 6 Hold. Therefore 48% are positive. General Electric Company has a 12-month low of $24.30 and a 12-month high of $32.38. The rating was initiated by JP Morgan with "Underweight" on Thursday, May 12. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, October 19. Standpoint Research initiated the shares of GE in report on Friday, July 22 with "Sell" rating. The rating was maintained by Cowen & Co on Monday, August 7 with "Hold". Deutsche Bank maintained it with "Hold" rating and $29 target in Tuesday, August 25 report. RBC Capital Markets has "Outperform" rating and $33 target. Stifel Nicolaus maintained it with "Buy" rating and $3300 target in Tuesday, June 13 report. The stock of General Electric Company (NYSE:GE) has "Buy" rating given on Wednesday, April 12 by Credit Suisse. Cowen & Co initiated General Electric Company (NYSE:GE) on Tuesday, June 7 with "Market Perform" rating.

Investors sentiment increased to 2.51 in 2016 Q4. Its down 0.07, from 1.01 in 2016Q3. It dived, as 68 investors sold GE shares while 818 reduced holdings. 106 funds opened positions while 394 raised stakes. Gw Henssler Limited owns 0.07% invested in General Electric Company (NYSE:GE) for 18,864 shares. Payden And Rygel stated it has 2.17% of its portfolio in General Electric Company (NYSE:GE). Robinson Capital Management Llc owns 19,413 shares or 0.12% of their USA portfolio. Dimensional Fund Advisors Ltd Partnership holds 0.12% or 2.26 million shares. Moreover, Valmark Advisers has 0.01% invested in General Electric Company (NYSE:GE) for 9,557 shares. Advsr Ltd Limited Liability Corp owns 6,645 shares or 0.09% of their U.S. portfolio. Ftb Advsr accumulated 0.65% or 172,775 shares. Harbour Mgmt Ltd Liability holds 52,353 shares. 60,545 are held by Ghp Advisors. Kwmg Ltd Limited Liability Company owns 12,289 shares. Moreover, Signaturefd Limited Company has 0.03% invested in Mastercard Inc (NYSE:MA) for 1,980 shares. 48,829 were reported by Opus Gru Limited Liability. Moon Capital Mngmt Ltd Liability Corporation, a Tennessee-based fund reported 21,065 shares. General Electric Company (NYSE:GE) has declined 4.46% since August 28, 2016 and is downtrending.

More notable recent General Electric Company (NYSE:GE) news were published by: Fool.com which released: "Where Will General Electric Be in 10 Years?" on August 27, 2017, also Seekingalpha.com with their article: "What Can We Expect From General Electric's New CEO?" published on August 24, 2017, Seekingalpha.com published: "GE shifts digital business strategy" on August 28, 2017.

Since May 15, 2017, it had 3 buys, and 0 sales for $3.37 million activity. Vetr downgraded General Electric from a "buy" rating to a "hold" rating and set a $29.97 price objective for the company.in a research report on Monday, June 19th.

Investors sentiment decreased to 0.94 in Q4 2016. Its up 1.06, from 1.45 in 2016Q3. It dropped, as 108 investors sold YUM shares while 286 reduced holdings. 95 funds opened positions while 279 raised stakes. The insider now directly owns 144,713 shares worth $3,544,021. In a transaction dated August 08, 2017, the shares were bought at an average price of $25.56, giving away a sum of $2,657,805. Wedgewood Pa owns 20,082 shares. Overbrook Mgmt accumulated 0.77% or 112,249 shares. 1,898 are owned by Provise Mngmt Grp Incorporated Llc. Brands, Inc. (NYSE:YUM) for 5,000 shares. Montecito Retail Bank And holds 0.69% or 62,584 shares. Harding Loevner LP reported 0.99% of its portfolio in Mastercard Inc (NYSE:MA). City Com Fl invested in 0.48% or 38,074 shares. The conglomerate reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03.

Since March 4, 2017, it had 0 insider buys, and 6 selling transactions for $14.12 million activity. 251.58 million shares or 3.43% less from 260.51 million shares in 2016Q3 were reported. Docter Jan L also sold $2.79 million worth of Priceline Group Inc (NASDAQ:PCLN) on Tuesday, May 30.

Among 30 analysts covering Priceline.com (NASDAQ:PCLN), 25 have Buy rating, 0 Sell and 5 Hold. Therefore 70% are positive. F.N.B. Priceline.com had 76 analyst reports since July 21, 2015 according to SRatingsIntel. Winslow Asset Mgmt invested 1.96% in General Electric Company (NYSE:GE). Piper Jaffray maintained Mastercard Inc (NYSE:MA) rating on Thursday, July 27. On Monday, September 19 the stock rating was downgraded by M Partners to "Neutral". The company was maintained on Wednesday, October 21 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus with "Buy" on Wednesday, October 14. As per Friday, July 22, the company rating was maintained by FBR Capital. Jefferies maintained the shares of PCLN in report on Wednesday, August 9 with "Buy" rating.


More news


  • Minotaur rocket roars from Cape Canaveral

    Minotaur rocket roars from Cape Canaveral

    That could include space junk that could cripple satellites, but also potential aggressive acts by Russian or Chinese spacecraft. And it will do this on the relative cheap: ORS-5 was developed and launched for less than $100 million, Col.

    Chico's FAS, Inc. (NYSE:CHS) Experiences Heavy Trading Volume

    Nomura Asset Mngmt Limited, Japan-based fund reported 2,100 shares. (NYSE:CHS) on Thursday, May 25 with "Outperform" rating. The business had revenue of $583.70 million during the quarter, compared to the consensus estimate of $624.75 million.

    JMP Securities Reaffirms "Outperform" Rating for Amazon.com, Inc

    It improved, as 126 investors sold AMZN shares while 478 reduced holdings. 157 funds opened positions while 606 raised stakes. National Asset Management Inc decreased Spdr Series Trust (SDY) stake by 9,638 shares to 4,562 valued at $391,000 in 2016Q4.
  • Energy Transfer Equity, LP (ETE) Receives Average Rating of

    Energy Transfer Equity, LP (ETE) Receives Average Rating of "Buy" from Brokerages

    The stock of Energy Transfer Partners LP (NYSE: ETP ) earned "Hold" rating by BMO Capital Markets on Friday, August 18. Cushing Asset Management Lp increased Energy Transfer Equity LP ( ETE ) stake by 85.74% reported in 2016Q4 SEC filing.

    Pictet Asset Management Ltd. Has $2400000 Stake in Navient Corporation (NAVI)

    The investment professionals in our partner's database now have: 269.82 million shares, down from 277.73 million shares in 2016Q3. ValuEngine upgraded Navient Corporation from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 16th.
    Germany: Nurse believed to have killed at least 84 patients

    Germany: Nurse believed to have killed at least 84 patients

    Police said Monday that investigators exhuming and analyzing more bodies had since found evidence of scores of additional murders. Investigators said their probe into the events at Oldenburg clinic are still ongoing.
  • France's Political and Economic Risk in Iran

    France's Political and Economic Risk in Iran

    A political logic, not just a commercial one, is at the origin of contracts signed by French companies with Iranian companies. Yet the latter has been deeply involved in recent years in money laundering and the financing of the IRGC's missile program.
    Joe Biden: President Trump has 'emboldened' white supremacists

    Joe Biden: President Trump has 'emboldened' white supremacists

    This spring, the 74-year-old Biden started a political action committee, or PAC, called American Possibilities. The president then updated his statement to condemn white supremacists the following Monday.
    Israel rules out prisoner swap deal with Hamas

    Israel rules out prisoner swap deal with Hamas

    Efforts to draft a deal through different brokers over the past years have yet to yield any results. Liberman said the return of Israeli citizens and bodies of soldiers continues to be a top priority.
  • Today Analysts Focus on Pure Storage, Inc. (PSTG), Mondelez International, Inc. (MDLZ)

    The company reported $0.48 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.46 by $0.02. (NASDAQ:SNPS). Therefore 74% are positive. 02/08/2017 - Mondelez International, Inc. was downgraded to "neutral" by analysts at Susquehanna.
    Kenya bans plastic bags, may fine violators up to $38000

    Kenya bans plastic bags, may fine violators up to $38000

    This means the ban declared in February by Environment Cabinet Secretary Judi Wakhungu will take effect on Monday, August 28. The move to ban plastic bags was also contested on grounds that livelihoods of many people will be affected negatively.
    Pune: Bus Crashes Into Tempo Killing Nine And Injuring Twelve

    Pune: Bus Crashes Into Tempo Killing Nine And Injuring Twelve

    A case was registered with Narayangoan police station, which falls under the jurisdiction of Pune Rural police. He had to crawl out of the bus that had toppled on its side, the Narayangaon police said.