General Electric Co (GE) Shareholder Woodstock Trimmed Its Position by $686,035; Armistice Capital Has Upped Holding in Penske Automotive Grp (PAG) as Market Valuation Declined

Penske Automotive Group, Inc. (NYSE:PAG) Logo

Armistice Capital Llc increased its stake in Penske Automotive Grp Inc (PAG) by 70.97% based on its latest 2017Q4 regulatory filing with the SEC. Armistice Capital Llc bought 88,000 shares as the company’s stock declined 11.64% with the market. The institutional investor held 212,000 shares of the consumer durables company at the end of 2017Q4, valued at $10.14 million, up from 124,000 at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Penske Automotive Grp Inc for a number of months, seems to be bullish on the $3.90 billion market cap company. The stock increased 0.50% or $0.23 during the last trading session, reaching $45.9. About 512,193 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has declined 7.69% since April 30, 2017 and is downtrending. It has underperformed by 19.24% the S&P500.

Woodstock Corp decreased its stake in General Electric Co (GE) by 10.06% based on its latest 2017Q4 regulatory filing with the SEC. Woodstock Corp sold 40,355 shares as the company’s stock declined 23.20% with the market. The institutional investor held 360,835 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $6.30 million, down from 401,190 at the end of the previous reported quarter. Woodstock Corp who had been investing in General Electric Co for a number of months, seems to be less bullish one the $124.87B market cap company. It closed at $14.38 lastly. It is down 54.35% since April 30, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Woodstock Corp, which manages about $699.55M and $542.22M US Long portfolio, upped its stake in Fortinet Inc (NASDAQ:FTNT) by 19,968 shares to 85,021 shares, valued at $3.72 million in 2017Q4, according to the filing. It also increased its holding in Ubiquiti Networks Inc (NASDAQ:UBNT) by 4,790 shares in the quarter, for a total of 65,517 shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

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

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It worsened, 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. Monroe National Bank And Tru Mi accumulated 13,244 shares. Ingalls And Snyder Limited Liability has 679,506 shares for 0.55% of their portfolio. Maryland-based Chevy Chase Trust has invested 0.62% in General Electric Company (NYSE:GE). Parsons Capital Ri accumulated 314,130 shares or 0.61% of the stock. 66,860 were reported by Tompkins Financial Corp. Cypress Cap Mgmt Limited Company (Wy) holds 0.14% in General Electric Company (NYSE:GE) or 7,270 shares. Clear Harbor Asset Management Limited Co, a New York-based fund reported 16,154 shares. Apriem reported 18,163 shares stake. 23,325 are owned by Private Wealth Prns Ltd Com. Bancorp Of New York Mellon holds 82.04M shares or 0.38% of its portfolio. Cambridge holds 0.25% or 223,185 shares. Moreover, Dnb Asset Mgmt As has 0.25% invested in General Electric Company (NYSE:GE). Modera Wealth Mngmt Lc, Massachusetts-based fund reported 58,991 shares. Tudor Inv Et Al holds 0.09% or 208,700 shares in its portfolio. Moreover, Hirtle Callaghan & Ltd Liability has 0% invested in General Electric Company (NYSE:GE) for 138 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 101 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank downgraded General Electric Company (NYSE:GE) on Friday, May 12 to “Sell” rating. The firm has “Hold” rating given on Monday, April 23 by RBC Capital Markets. The rating was maintained by Oppenheimer on Monday, July 24 with “Hold”. TheStreet downgraded the shares of GE in report on Wednesday, August 26 to “Buy” rating. DZ Bank downgraded the shares of GE in report on Wednesday, March 28 to “Sell” rating. Deutsche Bank maintained the shares of GE in report on Tuesday, November 21 with “Sell” rating. The firm earned “Hold” rating on Monday, January 22 by Bank of America. The firm has “Buy” rating given on Friday, July 7 by Stifel Nicolaus. Morgan Stanley maintained it with “Equal-Weight” rating and $27 target in Monday, July 17 report. The rating was maintained by S&P Research on Tuesday, October 20 with “Buy”.

Among 10 analysts covering Penske Automotive Group (NYSE:PAG), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Penske Automotive Group had 15 analyst reports since October 14, 2015 according to SRatingsIntel. The rating was upgraded by Gabelli on Friday, April 28 to “Buy”. The company was initiated on Tuesday, August 9 by Seaport Global. The firm earned “Buy” rating on Monday, April 16 by Guggenheim. The firm has “Buy” rating by Northcoast given on Thursday, September 28. The stock of Penske Automotive Group, Inc. (NYSE:PAG) has “Sell” rating given on Thursday, October 13 by Evercore. The company was maintained on Monday, November 13 by KeyBanc Capital Markets. The stock of Penske Automotive Group, Inc. (NYSE:PAG) earned “Hold” rating by Gabelli on Thursday, September 15. Morgan Stanley maintained the shares of PAG in report on Wednesday, March 14 with “Overweight” rating. KeyBanc Capital Markets maintained the shares of PAG in report on Thursday, August 31 with “Hold” rating. The firm has “Sector Perform” rating given on Tuesday, June 28 by KeyBanc Capital Markets.

Since March 27, 2018, it had 0 buys, and 1 insider sale for $50.00 million activity.

Armistice Capital Llc, which manages about $1.00B US Long portfolio, decreased its stake in Tailored Brands Inc by 152,000 shares to 780,000 shares, valued at $17.03 million in 2017Q4, according to the filing. It also reduced its holding in Eyegate Pharmaceuticals Inc by 332,000 shares in the quarter, leaving it with 1.28M shares, and cut its stake in Enanta Pharmaceuticals Inc (NASDAQ:ENTA).

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.20, from 1.28 in 2017Q3. It dived, as 27 investors sold PAG shares while 65 reduced holdings. 32 funds opened positions while 67 raised stakes. 34.38 million shares or 0.09% more from 34.35 million shares in 2017Q3 were reported. Amalgamated National Bank & Trust owns 6,816 shares. Lord Abbett And Llc holds 0.02% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG) for 125,400 shares. 24,893 are held by Royal Commercial Bank Of Canada. Blackrock reported 0.01% stake. Moreover, First Republic Investment has 0% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 5,566 shares. Moreover, Logan has 0.04% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 12,650 shares. Qs Investors Lc stated it has 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). Macquarie holds 0% or 21,300 shares. Goldman Sachs Group invested in 0% or 320,889 shares. London Of Virginia holds 0.93% in Penske Automotive Group, Inc. (NYSE:PAG) or 2.69M shares. Moreover, Ubs Asset Mgmt Americas has 0% invested in Penske Automotive Group, Inc. (NYSE:PAG). Captrust Fin Advisors invested 0% in Penske Automotive Group, Inc. (NYSE:PAG). Trexquant Invest LP holds 0.02% or 4,680 shares. Bancshares Of Montreal Can reported 2,978 shares. Moreover, Cutter Brokerage has 0.09% invested in Penske Automotive Group, Inc. (NYSE:PAG).

General Electric Company (NYSE:GE) Institutional Positions Chart