As General Electric Co (GE) Stock Price Declined, Shareholder American Asset Management Lowered Stake by $323,884; Nacco Industries (NC) Holder Zuckerman Investment Group Lowered Position by $11.29 Million as Share Price Declined

Tuesday, 1 May 2018

As General Electric Co (GE) Stock Price Declined, Shareholder American Asset Management Lowered Stake by $323,884; Nacco Industries (NC) Holder Zuckerman Investment Group Lowered Position by $11.29 Million as Share Price Declined

NACCO Industries, Inc. (NYSE:NC) Logo

Zuckerman Investment Group Llc decreased its stake in Nacco Industries Inc. (NC) by 81.98% based on its latest 2017Q4 regulatory filing with the SEC. Zuckerman Investment Group Llc sold 305,184 shares as the company’s stock declined 7.59% with the market. The institutional investor held 67,090 shares of the consumer durables company at the end of 2017Q4, valued at $2.53M, down from 372,274 at the end of the previous reported quarter. Zuckerman Investment Group Llc who had been investing in Nacco Industries Inc. for a number of months, seems to be less bullish one the $255.48M market cap company. The stock increased 0.55% or $0.2 during the last trading session, reaching $36.85. About 19,465 shares traded. NACCO Industries, Inc. (NYSE:NC) has risen 117.24% since April 30, 2017 and is uptrending. It has outperformed by 105.69% the S&P500.

American Asset Management Inc decreased its stake in General Electric Co (GE) by 54.22% based on its latest 2017Q4 regulatory filing with the SEC. American Asset Management Inc sold 19,052 shares as the company’s stock declined 23.20% with the market. The institutional investor held 16,087 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $281,000, down from 35,139 at the end of the previous reported quarter. American Asset Management Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $122.18 billion market cap company. The stock decreased 2.16% or $0.31 during the last trading session, reaching $14.07. About 48.36M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 30, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

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 maintained it with “Sell” rating and $21.0 target in Monday, September 11 report. Cowen & Co maintained the shares of GE in report on Monday, June 12 with “Hold” rating. The company was downgraded on Friday, July 21 by CFRA. The company was maintained on Thursday, October 19 by Cowen & Co. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, August 26 by TheStreet. The rating was downgraded by Vetr on Tuesday, September 22 to “Hold”. The stock has “Hold” rating by Cowen & Co on Friday, April 21. RBC Capital Markets downgraded the shares of GE in report on Tuesday, November 14 to “Sector Perform” rating. As per Friday, October 14, the company rating was maintained by UBS. The firm has “Outperform” rating by William Blair given on Tuesday, October 13.

Investors sentiment decreased to 0.5 in Q4 2017. 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. Segantii Limited, Hong Kong-based fund reported 230,000 shares. Capital Planning Advsrs Ltd Co reported 0.06% in General Electric Company (NYSE:GE). Windward Mngmt Ca has invested 0.06% of its portfolio in General Electric Company (NYSE:GE). Laurel Grove Cap Limited has 11,000 shares. 35,275 are held by Harbour Investment Mngmt Ltd Liability Company. New Mexico Educational Retirement Board stated it has 832,172 shares. Bb&T Secs Llc, a Virginia-based fund reported 1.45M shares. 122,600 were accumulated by Pecaut And. Moreover, Texas Permanent School Fund has 0.52% invested in General Electric Company (NYSE:GE). Spark Invest Lc invested in 0.09% or 98,800 shares. Renaissance Technologies Lc invested in 0.47% or 24.45 million shares. Signature Financial Mngmt reported 32,629 shares or 0.15% of all its holdings. Bartlett Llc owns 202,422 shares or 0.14% of their US portfolio. 15,408 were accumulated by Stelac Advisory Limited Liability. 1.56M are owned by Gofen And Glossberg Ltd Llc Il.

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

NACCO Industries, Inc. (NYSE:NC) Institutional Positions Chart