Country Club Trust Company Lowered General Electric Co (GE) Stake; Encore Wire (WIRE) Sentiment Is 1.63

General Electric Company (NYSE:GE) Logo

Encore Wire Corp (WIRE) investors sentiment increased to 1.63 in Q1 2018. It’s up 0.30, from 1.33 in 2017Q4. The ratio is better, as 78 investment managers started new and increased positions, while 48 sold and decreased their stakes in Encore Wire Corp. The investment managers in our database now possess: 18.13 million shares, down from 18.15 million shares in 2017Q4. Also, the number of investment managers holding Encore Wire Corp in top ten positions increased from 1 to 2 for an increase of 1. Sold All: 5 Reduced: 43 Increased: 49 New Position: 29.

Country Club Trust Company decreased General Electric Co (GE) stake by 21.39% reported in 2018Q1 SEC filing. Country Club Trust Company sold 63,436 shares as General Electric Co (GE)’s stock declined 0.14%. The Country Club Trust Company holds 233,069 shares with $3.14 million value, down from 296,505 last quarter. General Electric Co now has $123.16 billion valuation. The stock decreased 3.08% or $0.45 during the last trading session, reaching $14.18. About 76.04M shares traded or 6.61% up from the average. General Electric Company (NYSE:GE) has declined 46.78% since May 30, 2017 and is downtrending. It has underperformed by 59.35% the S&P500.

The stock increased 0.20% or $0.1 during the last trading session, reaching $49.3. About 41,959 shares traded. Encore Wire Corporation (WIRE) has risen 20.29% since May 30, 2017 and is uptrending. It has outperformed by 7.72% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 5 insider sales for $2.27 million activity.

Hodges Capital Management Inc. holds 3.66% of its portfolio in Encore Wire Corporation for 817,262 shares. Forest Hill Capital Llc owns 92,707 shares or 1.43% of their US portfolio. Moreover, Dean Capital Management has 1.42% invested in the company for 50,800 shares. The California-based Lyon Street Capital Llc has invested 1.36% in the stock. Granite Investment Partners Llc, a California-based fund reported 330,617 shares.

Encore Wire Corporation manufactures and sells electrical building wire and cable products for interior electrical wiring in the United States. The company has market cap of $1.03 billion. The companyÂ’s products include NM-B cable, a non-metallic sheathed cable for use as interior wiring in homes, apartments, and manufactured housing; UF-B cable, an underground feeder cable for conduct power underground to outside lighting and other applications remote from buildings; and SE Style cable, a service entrance cable. It has a 15.36 P/E ratio. It also offers THHN/THWN-2 and XHHW-2 cables for use as branch circuit, feeder, and service entrance conductors in commercial and industrial buildings and structures; USE-2 cables for use in aboveground or underground applications in listed raceways for branch circuit, feeder, and service entrance conductors; and tray cables for use as branch circuit or feeders for power, lighting, control, and signal circuits for direct installations in raceways and outdoor locations.

More recent Encore Wire Corporation (NASDAQ:WIRE) news were published by: Nasdaq.com which released: “Report: Developing Opportunities within Encore Wire, Wildhorse Resource Development, CTS, Del Taco Restaurants …” on May 04, 2018. Also Seekingalpha.com published the news titled: “Encore Wire’s (WIRE) CEO Daniel Jones on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018. Businesswire.com‘s news article titled: “Encore Wire Reports First Quarter Results” with publication date: May 01, 2018 was also an interesting one.

Analysts await Encore Wire Corporation (NASDAQ:WIRE) to report earnings on August, 7. They expect $0.75 earnings per share, up 44.23% or $0.23 from last year’s $0.52 per share. WIRE’s profit will be $15.64M for 16.43 P/E if the $0.75 EPS becomes a reality. After $0.54 actual earnings per share reported by Encore Wire Corporation for the previous quarter, Wall Street now forecasts 38.89% EPS growth.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Vetr on Wednesday, August 26. The company was maintained on Monday, October 19 by Stifel Nicolaus. Credit Suisse maintained General Electric Company (NYSE:GE) on Thursday, October 5 with “Outperform” rating. The firm earned “Hold” rating on Wednesday, April 11 by Cowen & Co. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, April 24. Credit Suisse upgraded General Electric Company (NYSE:GE) on Wednesday, September 16 to “Focus List” rating. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Tigress Financial on Thursday, December 28. On Tuesday, June 7 the stock rating was initiated by Cowen & Co with “Market Perform”. The rating was upgraded by Standpoint Research to “Hold” on Thursday, June 29. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, May 21 by CFRA.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It improved, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Liberty Mutual Group Asset stated it has 0.14% in General Electric Company (NYSE:GE). Ubs Asset Mgmt Americas holds 0% or 29.06 million shares. 18,016 were accumulated by Foster And Motley. Fmr Ltd Co accumulated 0.13% or 79.53M shares. Bridgewater Limited Partnership owns 1.47M shares or 0.19% of their US portfolio. London Of Virginia reported 0% of its portfolio in General Electric Company (NYSE:GE). Coastline Tru holds 0.13% of its portfolio in General Electric Company (NYSE:GE) for 62,278 shares. M&T Financial Bank has invested 0.34% of its portfolio in General Electric Company (NYSE:GE). Virginia Retirement Et Al reported 1.70 million shares or 0.28% of all its holdings. Markel owns 95,000 shares. Intrust Financial Bank Na holds 93,318 shares. Asset Mngmt reported 0.36% in General Electric Company (NYSE:GE). Moreover, Tru Department Mb Bankshares N A has 0.15% invested in General Electric Company (NYSE:GE) for 94,966 shares. Gateway Investment Advisers Limited Liability Corp reported 4.59M shares. Koshinski Asset Mngmt has invested 0.25% of its portfolio in General Electric Company (NYSE:GE).

Since January 26, 2018, it had 1 insider buy, and 0 sales for $43,446 activity. DIMITRIEF ALEXANDER had bought 2,689 shares worth $43,446.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric’s Wild Ride” on May 29, 2018, also Seekingalpha.com with their article: “General Electric: Recent Asset Sales Dramatically Increase Risks” published on May 29, 2018, Fool.com published: “What General Electric’s Latest Update Really Means for Investors” on May 29, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Investorplace.com and their article: “Three Reasons You Should Not Buy General Electric Company Stock” published on May 29, 2018 as well as Seekingalpha.com‘s news article titled: “GE’s Share Slide – A Buying Opportunity” with publication date: May 24, 2018.

Encore Wire Corporation (NASDAQ:WIRE) Institutional Positions Chart