*General Electric Co (GE) Stake Held by Salient Trust Company Lta

April 17, 2018 - By Mark Mitchell

General Electric Company (NYSE:GE) Corporate LogoBig Money Sentiment decreased to 0.5 in 2017 Q4. It has change of 0.19, from 2017Q3’s 0.69. The ratio dropped due to GE positioning: 153 sold and 921 reduced. 151 funds bought stakes and 383 increased stakes. Investors holded 4.70 billion in 2017Q3 but now own 4.69 billion shares or 0.29% less. Comerica Inc holds 0.02% or 10,085 shs. Barrett Asset Ltd Liability Corp owns 363,946 shs. Guardian Life Ins Communication Of America has 28,040 shs. Crestpoint Mngmt Limited Liability Corp has 0.14% invested in General Electric Company (NYSE:GE). Macquarie Ltd has invested 0.01% in General Electric Company (NYSE:GE). New York-based Burns J W Communication has invested 0.19% in General Electric Company (NYSE:GE). Lau Limited Liability Corporation holds 65,410 shs. Moreover, Acropolis Investment Management Ltd Limited Liability Company has 0.04% invested in General Electric Company (NYSE:GE). Stuyvesant Capital Mgmt, a New York-based fund reported 151,600 shs. Fort Washington Investment Advsrs Oh holds 4.19M shs. Norinchukin Comml Bank The stated it has 0.53% of its capital in General Electric Company (NYSE:GE). Renaissance Technologies Ltd Limited Liability Company reported 0.47% stake. Penobscot Mngmt has invested 0.39% in General Electric Company (NYSE:GE). Mercer Cap Advisers Inc reported 18,848 shs. Advisor Prns Lc has 0.24% invested in General Electric Company (NYSE:GE).

GE had 0 selling transactions and 1 buy since January 26, 2018. This’s net activity of $43,446.

In 2017Q4 Securities and Exchange filling is reported Salient Trust Company Lta’s stake in General Electric Co (GE) which was decreased by 64.02%. 374,964 shares were sold by Salient Trust Company Lta as the company’s stock declined 23.20% with the market. At the end of 2017Q4, the 210,719 shares of the consumer electronics and appliances company held by the institutional investor were priced at $3.68 million, down from 585,683 at the end of the previous reported quarter. $115.75B is General Electric Co’s MC. GE reached $13.33 on during the last trading session after $0.16 change.Currently General Electric Company is downtrending after 54.35% change in last April 17, 2017. GE has also 58.28 million shares volume. GE underperformed the S&P 500 by 65.90%.

Salient Trust Company Lta has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. They expect $0.12 EPS, down 42.86 % or $0.09 from last year’s $0.21 per share. GE’s profit will be $1.04B for 27.77 P/E if the $0.12 EPS becomes a reality. After $0.27 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56 % negative EPS growth.

General Electric Company (NYSE:GE) Ratings Coverage

Total analysts of 18 have positions in General Electric (NYSE:GE) as follows: 3 rated it a “Buy”, 6 with “Sell” and 9 with “Hold”. The positive are 17%. The firm has $28 highest while $1100 is the lowest [Target]. The average target $17.31 is 29.86% above the last ($13.33) price. Since October 19, 2017 according to StockzIntelligence Inc General Electric has 35 analyst reports. In Tuesday, January 16 report Vertical Research maintained it with “Hold” rating and $18.0 target. On Tuesday, January 30 the firm earned “Hold” rating by Stifel Nicolaus. On Monday, January 22 the stock of General Electric Company (NYSE:GE) earned “Hold” rating by Bank of America. On Wednesday, November 1 the stock of General Electric Company (NYSE:GE) has “Underweight” rating given by JP Morgan. In Thursday, October 19 report Cowen & Co maintained the stock with “Hold” rating. On Tuesday, November 14 RBC Capital Markets downgraded General Electric Company (NYSE:GE) to “Sector Perform” rating. On Thursday, December 28 the firm has “Hold” rating by Tigress Financial given. On Thursday, January 4 the company was maintained by Tigress Financial. On Monday, November 13 Langenberg upgraded the shares of GE in report to “Buy” rating. On Monday, October 23 the stock of General Electric Company (NYSE:GE) has “Buy” rating given by RBC Capital Markets.

General Electric Company (NYSE:GE) Institutional Investors Chart

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