General Electric Company (GE) Shares Bought by Warren Averett Asset Management LLC

Marco Green
Октября 23, 2017

The Ascend Capital Llc holds 75,000 shares with $2.03 million value, down from 477,681 last quarter. General Electric comprises approximately 1.9% of Farmers & Merchants Trust Co of Chambersburg PA's investment portfolio, making the stock its 11th largest holding. The stock increased 0.04% or $0.02 on October 20, reaching $45.37.

On average, analysts expect that General Electric will report full-year earnings of $1.53 per share for the current year, with EPS estimates ranging from $1.40 to $1.60.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: "General Electric: Can You Handle Another Dividend Cut?" on October 20, 2017, also Seekingalpha.com with their article: "General Electric: How To Play The Dividend Cut Fear" published on October 18, 2017, Seekingalpha.com published: "GE Pummeled After Q3 Earnings Miss" on October 20, 2017. It has underperformed by 7.39% the S&P500. The stock increased 2.51% or $0.36 on October 20, reaching $14.72. About 7.61M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since October 22, 2016 and is uptrending. It has underperformed by 0.03% the S&P500. It also upped Abb Ltd (NYSE:ABB) stake by 98,300 shares and now owns 454,700 shares.

Since May 15, 2017, it had 3 insider purchases, and 0 sales for $3.37 million activity. Another trade for 100,000 shares valued at $2.81 million was bought by IMMELT JEFFREY R. Vetr cut shares of General Electric from a buy rating to a hold rating and set a $32.62 price target for the company.in a research report on Thursday, December 1st. Therefore 84% are positive. The legal version of this report can be read at https://stocknewstimes.com/2017/10/22/zacks-analysts-anticipate-general-electric-company-ge-will-announce-earnings-of-0-54-per-share.html. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company. JP Morgan initiated the shares of GE in report on Thursday, May 12 with "Underweight" rating. Stelac Advisory Limited Liability Com holds 0.23% of its portfolio in General Electric Company (NYSE:GE) for 26,259 shares. The stock has "Buy" rating by Stifel Nicolaus on Friday, July 21. The company has a market capitalization of $1.62 billion, a P/E ratio of 22.06 and a beta of 1.19. General Electric presently has an average rating of "Hold" and a consensus price target of $27.93. On Monday, June 12 the stock rating was maintained by Cowen & Co with "Hold". The rating was maintained by Morgan Stanley with "Equal-Weight" on Thursday, October 6. The stock has "Sell" rating by Williams Capital Group on Monday, July 24.

Investors of record on Monday, September 18th will be given a dividend of $0.24 per share. Its down 0.02, from 0.84 in 2017Q1. It turned negative, as 43 investors sold RTN shares while 348 reduced holdings. 111 funds opened positions while 598 raised stakes. The New York-based Brave Warrior Advisors Llc has invested 5.49% in the stock. Davidson Invest Advsr invested in 596,480 shares or 2.27% of the stock. Brighton Jones Ltd Llc stated it has 0.41% in General Electric Company (NYSE:GE). Manchester Mgmt Ltd Co accumulated 0.29% or 68,453 shares. Feltz Wealth PLAN Inc. acquired a new position in General Electric in the first quarter worth about $114,000. 22,251 QUALCOMM, Inc. (NASDAQ:QCOM) shares with value of $1.28 million were sold by ABERLE DEREK K. United Automobile Association owns 0.53% invested in General Electric Company (NYSE:GE) for 6.40M shares. Morgan Stanley holds 0.17% or 9.96 million shares in its portfolio. Howe Rusling Inc has 0.94% invested in General Electric Company (NYSE:GE). Wellington Mngmt Group Inc Limited Liability Partnership holds 51.36M shares. Fjarde Ap owns 2.03 million shares for 1.11% of their portfolio.

Analysts await Atwood Oceanics, Inc. Therefore 82% are positive. Sterling Construction had 11 analyst reports since August 12, 2015 according to SRatingsIntel. RBC Capital Markets maintained QUALCOMM, Inc. The firm has "Hold" rating given on Wednesday, July 19 by Bernstein. The firm earned "Hold" rating on Tuesday, August 25 by Deutsche Bank. On Friday, October 14 the stock rating was maintained by UBS with "Buy". Credit Suisse maintained Mondelez International Inc (NASDAQ:MDLZ) on Tuesday, January 19 with "Outperform" rating. The stock of PPL Corp (NYSE:PPL) has "Neutral" rating given on Monday, June 26 by Goldman Sachs. Charter Equity downgraded the shares of QCOM in report on Tuesday, January 24 to "Mkt Perform" rating. RBC Capital Markets maintained Mondelez International Inc (NASDAQ:MDLZ) on Tuesday, October 3 with "Buy" rating.

Investors sentiment decreased to 0.79 in 2017 Q2. Its up 0.09, from 0.9 in 2017Q1. It increased, as 20 investors sold LZB shares while 61 reduced holdings. 91 funds opened positions while 359 raised stakes. Stellar Management Ltd Company, Arizona-based fund reported 50,900 shares. Bridges Invest Counsel Incorporated holds 1.17% or 191,149 shares. Suntrust Banks Incorporated holds 4.70 million shares. The conglomerate reported $0.29 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.49 by ($0.20). State of Wisconsin Investment Board now owns 8,450,202 shares of the conglomerate's stock worth $251,816,000 after acquiring an additional 1,067,235 shares during the last quarter. Stoneridge Inv Prns Ltd Liability Co invested in 146,185 shares. Telos Mgmt reported 4,898 shares stake.

Xcel Energy Inc.is a public utility holding company. Northwestern Mutual Wealth Communications stated it has 830,338 shares. Bank of Montreal Can increased its stake in shares of General Electric by 11.0% in the 2nd quarter. Insiders have bought 233,253 shares of company stock valued at $5,860,264 over the last ninety days. Finally, National Pension Service increased its stake in shares of General Electric by 9.3% in the 2nd quarter. Central Valley Cmnty Bancorp (NASDAQ:CVCY) was reduced too.

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