General Electric Co Big Money Sentiment Dropped in Q4 2017 touching 0.5

May 16, 2018 - By Matthew Richard

General Electric Company (NYSE:GE) Corporate Logo

General Electric Co’s Sentiment

In Q4 2017 General Electric Co (NYSE:GE) big money sentiment decreased to 0.5, according to SEC filings. So its down -0.19, from 2017Q3’s 0.69. 534 hedge funds increased or started new positions, while 1074 sold and reduced their holdings in General Electric Co so the sentiment dived. These funds own 4.69 billion shares, that’s down from 4.70 billion shares in 2017Q3. Funds holding General Electric Co in top 10 changed to 32 from 82 for a decrease of 50. 153 Investors Sold All; 921 Reduced Holdings; 383 increased stakes while 151 hedge funds bought stakes.

Largest General Electric Co Shareholders

As of Q4 2017 Trian Fund Management L.P. has 10.46% invested in General Electric Co. General Electric Co’s shareholder Shanda Asset Management Holdings Ltd owns 2.70 million shares as of Q4 2017. Furthermore, Community Bank Of Raymore reported 895,741 shares in General Electric Co equivalent to 6.33% of its US equity exposure. The New York-based fund Fny Managed Accounts Llc have invested about 6.27% of the investment professional’s stock portfolio in General Electric Co. The France-based fund Natixis Asset Management holds 2.99 million shares or 5.82% of their US equity exposure.

General Electric Company operates as an infrastructure and technology firm worldwide.The firm is worth $130.06 billion. The Company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services.Currently it has negative earnings. The companyÂ’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry.

The stock increased 1.80% or $0.265 during the last trading session, touching $14.975.Currently General Electric Company is downtrending after 54.35% change in last May 16, 2017. GE has 23.12 million shares volume. The stock underperformed the S&P500 by 65.90%.

General Electric Company (NYSE:GE)’s earnings report is expected on July, 20., Zacks reports. Analysts have expectation on stock’s EPS of $0.18. That’s down 35.71 % from last year’s $0.28 EPS. If EPS of $0.18 is reported the profit of GE could hit $1.56B giving it 20.80 P/E. After $0.16 EPS report previous quarter, Wall Street now predicts 12.50 % EPS growth of General Electric Company.

Profund Ltd Liability holds 293,068 shs or 0.2% of its capital. Curbstone Mngmt accumulated 46,174 shs or 0.45% of the stock. Maryland Capital Management has invested 0.14% in General Electric Company (NYSE:GE). Shine Advisory Services reported 20,223 shs. Stone Run Cap Ltd Liability Company has 26,555 shs for 0.24% of their capital. Bangor Bancorporation holds 0.31% of its capital in General Electric Company (NYSE:GE) for 61,698 shs. Gilman Hill Asset Management Ltd Co reported 0.17% in General Electric Company (NYSE:GE). New York-based Indexiq Advsrs Ltd has invested 0.02% in General Electric Company (NYSE:GE). Overbrook Mgmt Corporation holds 0.26% or 72,390 shs in its capital. Moon Capital Management Ltd Liability Corp holds 0.55% of its capital in General Electric Company (NYSE:GE) for 30,539 shs. Focused Wealth invested in 155,432 shs. Oppenheimer Inc owns 890,137 shs or 0.4% of their US capital. Pekin Singer Strauss Asset Mgmt Il reported 144,968 shs stake. First Fin In holds 66,331 shs or 0.75% of its capital. Moreover, Geode Mgmt Ltd Liability Corporation has 0.52% invested in General Electric Company (NYSE:GE) for 87.85M shs.

General Electric Company registered $43,446 net activity with 1 buy and 0 insider sales since January 26, 2018.

General Electric Company (NYSE:GE) Ratings Coverage

In total 16 analysts cover General Electric (NYSE:GE). “Buy” rating has 3, “Sell” are 4, while 9 are “Hold”. 19% are bullish. 25 are the (NYSE:GE)’s analyst reports since November 21, 2017 according to StockzIntelligence Inc. On Tuesday, March 13 the stock has “Underweight” rating by JP Morgan. On Wednesday, April 11 the rating was maintained by Cowen & Co with “Hold”. In Friday, January 26 report DZ Bank downgraded the stock to “Hold” rating. On Tuesday, January 23 the firm has “Hold” rating by UBS given. On Thursday, January 4 Tigress Financial maintained the shares of GE in report with “Hold” rating. In Tuesday, January 16 report Vertical Research maintained it with “Hold” rating and $18.0 target. On Wednesday, March 28 the stock has “Sell” rating by DZ Bank. On Thursday, January 25 the firm has “Buy” rating by Citigroup given. On Tuesday, January 30 the rating was maintained by Stifel Nicolaus with “Hold”. In Wednesday, January 24 report CFRA maintained the stock with “Hold” rating.

For more General Electric Company (NYSE:GE) news announced briefly go to: Marketwatch.com, Fool.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “GE’s stock survived the battle of the ‘breakaway gap,’ and that may have won bulls the war” announced on May 11, 2018, “How General Electric Has Changed in the Last 2 Years” on May 16, 2018, “General Electric’s Big Payout” with a publish date: May 15, 2018, “3 Ways The Boeing Company Is Making Money for Investors” and the last “GE: The Bottom Appears To Be In; Near-Term Upside Potential 35-50%” with publication date: May 15, 2018.

General Electric Company (NYSE:GE) Institutional Investors Chart

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