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Kempner Capital Management Stake in Gm General Motors Co (GM) Decreased as Valuation Declined; Longer Investments Lifted General Electric (GE) Position

Kempner Capital Management Inc decreased its stake in Gm General Motors Co (GM) by 12.66% based on its latest 2017Q3 regulatory filing with the SEC. Kempner Capital Management Inc sold 27,117 shares as the company’s stock declined 12.09% while stock markets rallied. The institutional investor held 186,993 shares of the auto manufacturing company at the end of 2017Q3, valued at $7.55 million, down from 214,110 at the end of the previous reported quarter. Kempner Capital Management Inc who had been investing in Gm General Motors Co for a number of months, seems to be less bullish one the $57.43B market cap company. The stock increased 0.95% or $0.385 during the last trading session, reaching $40.945. About 2.12M shares traded. General Motors Company (NYSE:GM) has risen 7.92% since February 22, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Longer Investments Inc increased its stake in General Electric (GE) by 23% based on its latest 2017Q3 regulatory filing with the SEC. Longer Investments Inc bought 19,856 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 106,176 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $2.57 million, up from 86,320 at the end of the previous reported quarter. Longer Investments Inc who had been investing in General Electric for a number of months, seems to be bullish on the $129.99B market cap company. The stock increased 3.45% or $0.5 during the last trading session, reaching $14.99. About 24.15 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 22, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 91 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, October 19, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of GE in report on Sunday, December 10 with “Hold” rating. The company was maintained on Monday, July 17 by Oppenheimer. The company was maintained on Monday, October 2 by Morgan Stanley. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Vertical Research on Tuesday, January 16. The company was initiated on Tuesday, June 7 by Cowen & Co. The firm has “Hold” rating given on Tuesday, January 30 by Stifel Nicolaus. The stock of General Electric Company (NYSE:GE) earned “Overweight” rating by Barclays Capital on Monday, October 5. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Friday, July 7 by Stifel Nicolaus. Stifel Nicolaus maintained General Electric Company (NYSE:GE) on Monday, October 19 with “Buy” rating.

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

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It fall, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Villere St Denis J And Llc owns 10,738 shares. Hanson Mcclain has invested 0.05% in General Electric Company (NYSE:GE). Univest Corp Of Pennsylvania owns 41,312 shares for 0.42% of their portfolio. Supplemental Annuity Collective Trust Of Nj holds 1.27% of its portfolio in General Electric Company (NYSE:GE) for 120,000 shares. The New York-based Rmsincerbeaux Cap Management has invested 2.64% in General Electric Company (NYSE:GE). Brinker Capital has 0.26% invested in General Electric Company (NYSE:GE) for 261,307 shares. 124,545 were accumulated by Bkd Wealth Limited Liability Company. Utd Bank has 43,685 shares. New Mexico-based Thornburg Invest Management Incorporated has invested 1.29% in General Electric Company (NYSE:GE). Livingston Asset Company (Operating As Southport Management) holds 98,263 shares. Hutchinson Capital Mgmt Ca has 0.18% invested in General Electric Company (NYSE:GE) for 26,925 shares. Messner And Smith Theme Value Mgmt Ca holds 0.41% or 10,930 shares. Nordea Invest Mgmt owns 3.19M shares. Ancora Advsr Limited Liability Corporation invested in 0.16% or 113,425 shares. The California-based Capital has invested 0.22% in General Electric Company (NYSE:GE).

Longer Investments Inc, which manages about $167.11 million and $112.17 million US Long portfolio, decreased its stake in Apple Inc. (NASDAQ:AAPL) by 5,174 shares to 17,543 shares, valued at $2.70 million in 2017Q3, according to the filing. It also reduced its holding in Oracle Corp. (NYSE:ORCL) by 9,330 shares in the quarter, leaving it with 40,850 shares, and cut its stake in Ishares Russell 2000 Index (IWM).

Among 29 analysts covering General Motors Company (NYSE:GM), 16 have Buy rating, 3 Sell and 10 Hold. Therefore 55% are positive. General Motors Company had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Monday, October 16. The stock has “Buy” rating by Citigroup on Wednesday, October 25. The firm has “Equal-Weight” rating given on Friday, May 6 by Morgan Stanley. The company was upgraded on Monday, January 11 by Credit Suisse. Citigroup maintained the stock with “Buy” rating in Monday, October 2 report. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, September 21 report. As per Tuesday, November 22, the company rating was initiated by Berenberg. The firm earned “Overweight” rating on Friday, October 13 by Barclays Capital. The rating was maintained by UBS on Friday, October 2 with “Buy”. The company was maintained on Wednesday, October 25 by RBC Capital Markets.

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