Investors Sell Shares of General Electric (GE) on Strength (GE)

It has underperformed by 26.91% the S&P500. Meridian Investment Counsel Inc bought 49,150 shares as the company's stock declined 7.64% while stock markets rallied. The institutional investor held 5,192 shares of the specialty insurers company at the end of 2017Q3, valued at $759,000, up from 1,747 at the end of the previous reported quarter. Catawba Capital Management who had been investing in General Electric Co for a number of months, seems to be less bullish one the $166.55B market cap company. Among active positions in the latest quarter, 781 holders increased their positions by a total of 365.15 million shares, 1,205 holders decreased the positions by a total of 268.87 million shares, and 157 holders held their positions. About 606,069 shares traded.

Tigress Financial reaffirmed their hold rating on shares of General Electric (NYSE:GE) in a research note released on Thursday, December 28th. The company has a market capitalization of $163,690.00, a PE ratio of 21.94, a price-to-earnings-growth ratio of 2.05 and a beta of 1.07.

Brave Asset Management Inc decreased Intel Corp (NASDAQ:INTC) stake by 9,145 shares to 42,293 valued at $1.61M in 2017Q3.

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 is 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. Butensky And Cohen Finance Security accumulated 0.9% or 18,652 shares. Mckinley Carter Wealth holds 0.19% or 20,837 shares. BlackRock Inc. boosted its holdings in shares of General Electric by 3.9% in the 2nd quarter. Sg Americas Limited Liability Company invested in 140,735 shares. General Electric makes up about 2.6% of Meyer Handelman Co.'s holdings, making the stock its 6th biggest holding. Reinhart Partners Inc., a Wisconsin-based fund reported 144,905 shares. Finally, Tuttle Tactical Management LLC purchased a new stake in shares of General Electric in the 2nd quarter worth about $209,000.

General Electric (NYSE:GE) last issued its quarterly earnings results on Friday, October 20th. Avalon Ltd Limited Liability Company owns 1.46 million shares. Mastrapasqua Asset Mgmt holds 24,605 shares or 0.12% of its portfolio. Essex Investment Mgmt Limited Company, Massachusetts-based fund reported 38,490 shares. (NYSE:TJX). Samlyn Capital Ltd Liability Corporation holds 0.17% of its portfolio in The TJX Companies, Inc.

Since August 8, 2017, it had 2 buys, and 1 insider sale for $4.48 million activity. The data from the past twelve months tells a similar story: insiders executed 17 buys and 28 sells, and ownership increased by a net of 2.72 million shares.

General Electric Company (NYSE:GE) closed its last session at $19.02. Therefore 50% are positive. As per Wednesday, October 14, the company rating was maintained by S&P Research. As per Wednesday, October 7, the company rating was maintained by Jefferies. As per Thursday, October 5, the company rating was maintained by Credit Suisse. The firm earned "Buy" rating on Tuesday, June 13 by Stifel Nicolaus. The stock has "Underweight" rating by JP Morgan on Thursday, May 12. Trading volume for General Electric Company was 99.73 Million in its previous trading session. The firm has "Buy" rating by RBC Capital Markets given on Monday, July 10. Therefore 21% are positive. Bank of the Ozarks had 31 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with "Hold" on Friday, November 10. On Tuesday, July 28 the stock rating was downgraded by Goldman Sachs to "Neutral". RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, July 10. The New York-based Trustco Bank Corp N Y has invested 7.5% in the stock. The company presently has a consensus rating of "Hold" and a consensus target price of $42.67. The rating was upgraded by Atlantic Securities on Wednesday, March 15 to "Overweight". The company now has a consensus rating of Hold and an average price target of $46.33. The firm earned "Outperform" rating on Monday, October 23 by Leerink Swann. The stock has "Buy" rating by Standpoint Research on Monday, August 24.

This represents a decrease of -6% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. 78 funds opened positions while 211 raised stakes. Capital World Investors now owns 141,322,676 shares of the conglomerate's stock worth $3,817,125,000 after acquiring an additional 11,194,678 shares in the last quarter. (NYSE:MG). Citigroup holds 0% in Mistras Group, Inc. (NYSE:AIG). Keybank National Association Oh invested in 0.01% or 15,565 shares. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Following the transaction, the director now directly owns 5,500 shares of the company's stock, valued at approximately $100,320. Numeric Ltd Liability Co reported 311,800 shares. Caxton Associate Ltd Partnership accumulated 0.02% or 8,300 shares. Moreover, Windward Capital Communications Ca has 1.6% invested in American International Group, Inc. (NYSE:TJX) for 280,659 shares. Cubist Systematic Strategies Ltd Llc invested in 0.02% or 14,077 shares. Raymond James And Assoc reported 0.33% stake. California State Teachers Retirement holds 197,867 shares or 0.02% of its portfolio. Victory Cap Mngmt Incorporated reported 0% of its portfolio in Mistras Group, Inc. (NYSE:TJX) for 30,344 shares.

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