The average 12-month price objective among brokerages that have updated their coverage on the stock in the previous year is $42.00.
Shares of General Electric Company (NYSE:GE) opened at $23.96, and ended 2.21% higher at $24.46. It has underperformed by 4.60% the S&P500. Insight 2811 Inc. now owns 37,789 shares of the conglomerate's stock valued at $1,126,000 after acquiring an additional 118 shares during the last quarter. Eagleclaw Managment Ltd holds 0.58% of its portfolio in General Electric Company (NYSE:GE) for 29,150 shares. Altria Group Inc. had 39 analyst reports since July 31, 2015 according to SRatingsIntel. Deutsche Bank AG set a $24.00 price objective on General Electric and gave the stock a "sell" rating in a research note on Monday, May 29th. On Wednesday, April 26 the stock rating was downgraded by Bank of America to "Neutral". American Financial Group Inc bought 20,000 shares as the company's stock rose 3.81% with the market. Peel Hunt maintained it with "Buy" rating and GBX 675 target in Tuesday, December 1 report. 19,191 are held by Cubist Systematic Strategies Limited Company. The Firm is engaged in the design, development, marketing and sale of business communication solutions. Its service area allocation of approximately 4,000 square miles is located entirely within OR and includes approximately 51 incorporated cities, of which Portland and Salem. About 125,396 shares traded or 26.03% up from the average.
It is down 1.14% since September 18, 2016 and is downtrending. Finally, Huntington Steele LLC increased its position in General Electric by 1.0% in the first quarter. Its down 0.03, from 0.82 in 2016Q3. 22 funds opened positions while 30 raised stakes. Credit Suisse upgraded the shares of GE in report on Wednesday, September 16 to "Focus List" rating. Raymond James & Assoc accumulated 0.02% or 175,780 shares. 14,000 were accumulated by Timucuan Asset Mngmt Fl. Oppenheimer & holds 0.2% of its portfolio in Northgate plc (LON:NTG) for 355,670 shares. Mirae Asset Glob Invs owns 586,803 shares. 43,851 are held by Commonwealth Equity. Studying company financials and paying attention to pertinent economic data can help the investor make more educated decisions when it comes to the stock market. The Williams %R oscillates in a range from 0 to -100. Greenwood Ltd holds 187,662 shares. The conglomerate reported $0.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.03. They expect $0.50 earnings per share, up 56.25% or $0.18 from last year's $0.32 per share. During the same quarter in the prior year, the firm earned $0.51 EPS.
General Electric Company (GE) reported earning per shares for the quarter ending Oct 20 BMO at 0.28, whereas, 13 number of analysts estimated the mean EPS at 0.5.
Among 23 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 3 Sell and 9 Hold. Therefore 0 are positive.
Bremer Trust National Association decreased its position in General Electric Company (NYSE:GE) by 15.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The rating was maintained by Morgan Stanley on Monday, July 17 with "Equal-Weight". The firm has "Buy" rating given on Wednesday, October 14 by Stifel Nicolaus. The stock has "Buy" rating by Citigroup on Thursday, January 21. Stifel Nicolaus maintained General Electric Company (NYSE:GE) on Monday, October 19 with "Buy" rating. General Electric accounts for 2.9% of Parthenon LLC's portfolio, making the stock its 8th biggest holding. The stock of General Electric Company (NYSE:GE) earned "Buy" rating by on Monday, October 10. General Electric Company has a one year low of $23.58 and a one year high of $32.38.
Since May 15, 2017, it had 3 insider purchases, and 0 insider sales for $3.37 million activity.
Investors of record on Monday, September 18th will be given a dividend of $0.24 per share. It is negative, as 68 investors sold GE shares while 818 reduced holdings.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Amp reported 0.54% in General Electric Company (NYSE:GE). Godsey Gibb reported 2.83% stake.
The company P/E (price to earnings) ratio is 27.44 and Forward P/E ratio is 14.19. Moon Mgmt invested 0% in General Electric Company (NYSE:GE). Ipg Inv Advisors Llc reported 19,104 shares. Factory Mutual Ins holds 1.11% of its portfolio in General Electric Company (NYSE:GE) for 2.98M shares.
Cornerstone Capital Management Holdings Llc decreased General Electric Co (GE) stake by 2.75% reported in 2016Q4 SEC filing. Vaughan Nelson Investment Management Limited Partnership, Texas-based fund reported 31,825 shares. Pecaut And holds 0.28% or 9,100 shares.
The company's diluted EPS for trailing twelve months was 0.87. Norris Perne & French Llp sold 16,390 shares as General Electric Co Com (GE)'s stock declined 7.64%. Portland General Electric Company's payout ratio is now 62.44%. Presently, Portland General Electric Co (POR) has a 14-day Commodity Channel Index (CCI) of -174.58.
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