Sunday, 1 April 2018

As General Electric Co (GE) Stock Value Declined, Hayek Kallen Investment Management Trimmed Its Holding by $478,397; General Electric Co (GE) Shareholder Whitnell & Co Has Lowered Position

General Electric Company (NYSE:GE) Logo

Whitnell & Co decreased its stake in General Electric Co (GE) by 40.03% based on its latest 2017Q4 regulatory filing with the SEC. Whitnell & Co sold 27,365 shares as the company’s stock declined 23.20% with the market. The institutional investor held 40,994 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $715,000, down from 68,359 at the end of the previous reported quarter. Whitnell & Co who had been investing in General Electric Co for a number of months, seems to be less bullish one the $117.05B market cap company. The stock decreased 1.46% or $0.2 during the last trading session, reaching $13.48. About 74.51M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since March 31, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Hayek Kallen Investment Management decreased its stake in General Electric Co (GE) by 19.24% based on its latest 2017Q4 regulatory filing with the SEC. Hayek Kallen Investment Management sold 28,141 shares as the company’s stock declined 23.20% with the market. The institutional investor held 118,158 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.06 million, down from 146,299 at the end of the previous reported quarter. Hayek Kallen Investment Management who had been investing in General Electric Co for a number of months, seems to be less bullish one the $117.05 billion market cap company. The stock decreased 1.46% or $0.2 during the last trading session, reaching $13.48. About 74.51M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since March 31, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Hayek Kallen Investment Management, which manages about $249.50M and $152.41M US Long portfolio, upped its stake in Dominion Energy Inc (NYSE:D) by 26,111 shares to 33,286 shares, valued at $2.70 million in 2017Q4, according to the filing.

Since January 26, 2018, it had 1 insider buy, and 0 sales for $43,446 activity.

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 $1.04 billion for 28.08 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.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It turned negative, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 480,093 shares for 0.32% of their portfolio. Peapack Gladstone has invested 0.68% in General Electric Company (NYSE:GE). Assets Inv Mngmt Ltd has 1.51% invested in General Electric Company (NYSE:GE) for 450,000 shares. Zacks Inv Mgmt has invested 0.01% of its portfolio in General Electric Company (NYSE:GE). First City Capital Incorporated has 95,763 shares. First Midwest Retail Bank Tru Division accumulated 190,722 shares. Verition Fund Ltd Limited Liability Company holds 0.19% or 117,584 shares in its portfolio. Adage Capital Grp Ltd reported 4.61 million shares. Prudential stated it has 0.3% in General Electric Company (NYSE:GE). De Burlo Grp Inc Incorporated invested 0.04% in General Electric Company (NYSE:GE). Staley Capital Advisers reported 0.08% stake. 23,325 were reported by Private Wealth Prns Ltd Liability Co. 49,036 were reported by Mgmt Lc. Lvw Advisors Limited Liability Company, New York-based fund reported 50,721 shares. Sol Mgmt Company invested in 0.71% or 141,605 shares.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 96 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Sell” on Monday, September 11. The firm has “Outperform” rating given on Monday, November 23 by Credit Suisse. The company was maintained on Wednesday, January 24 by CFRA. The firm has “Neutral” rating given on Wednesday, April 26 by Bank of America. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Monday, October 10 by . The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, October 11 by RBC Capital Markets. The stock has “Buy” rating by Bank of America on Monday, October 23. Stifel Nicolaus maintained General Electric Company (NYSE:GE) on Friday, July 7 with “Buy” rating. The firm has “Underweight” rating given on Thursday, May 12 by JP Morgan. The rating was maintained by RBC Capital Markets on Monday, April 24 with “Outperform”.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dropped, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Moreover, Newman Dignan & Sheerar has 0.73% invested in General Electric Company (NYSE:GE). Drw Securities Limited Liability Corp invested in 121,560 shares or 0.22% of the stock. Investment House Ltd Co stated it has 0.03% in General Electric Company (NYSE:GE). National Inv Ser Incorporated Wi invested in 0.71% or 42,189 shares. 91,344 were reported by Schnieders Capital Mngmt Llc. Karpas Strategies Ltd Limited Liability Company holds 121,155 shares or 0.91% of its portfolio. Hudock Cap Group Ltd Liability Company invested in 43,543 shares. Fukoku Mutual Life Insurance holds 0.09% or 34,000 shares in its portfolio. Wealthcare Capital Management Limited holds 0% in General Electric Company (NYSE:GE) or 922 shares. Moreover, Rathbone Brothers Public Limited has 0.73% invested in General Electric Company (NYSE:GE) for 1.03M shares. 105,033 were accumulated by Lipe & Dalton. 133,302 are held by Van Strum And Towne. Timber Creek Cap Ltd Llc invested in 95,750 shares or 1.04% of the stock. Glob X Mngmt Limited reported 21,898 shares stake. State Of Tennessee Treasury Department, Tennessee-based fund reported 4.20 million 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 28.08 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.

Since January 26, 2018, it had 1 insider purchase, and 0 selling transactions for $43,446 activity.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 96 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, October 24. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Stifel Nicolaus on Wednesday, October 14. The firm has “Underweight” rating given on Tuesday, March 13 by JP Morgan. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by UBS on Tuesday, January 23. The rating was maintained by Stifel Nicolaus on Monday, October 19 with “Buy”. S&P Research maintained the shares of GE in report on Wednesday, October 14 with “Buy” rating. Credit Suisse maintained General Electric Company (NYSE:GE) rating on Thursday, October 5. Credit Suisse has “Outperform” rating and $30 target. Cowen & Co maintained General Electric Company (NYSE:GE) on Thursday, October 19 with “Hold” rating. CFRA downgraded General Electric Company (NYSE:GE) on Friday, July 21 to “Hold” rating. The stock has “Buy” rating by Vetr on Wednesday, August 26.

General Electric Company (NYSE:GE) Institutional Positions Chart

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