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Renaissance Technologies Has Lowered Its Holding in Servicenow (NOW) by $77.81 Million; Mcmillion Capital Management Has Decreased Its General Elec Co (GE) Position by $865,776; Market Value Declined

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Mcmillion Capital Management Inc decreased its stake in General Elec Co (GE) by 46.21% based on its latest 2017Q4 regulatory filing with the SEC. Mcmillion Capital Management Inc sold 50,928 shares as the company’s stock declined 23.20% with the market. The institutional investor held 59,279 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.03 million, down from 110,207 at the end of the previous reported quarter. Mcmillion Capital Management Inc who had been investing in General Elec Co for a number of months, seems to be less bullish one the $126.26B market cap company. The stock increased 3.93% or $0.55 during the last trading session, reaching $14.54. About 188.69M shares traded or 121.66% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since April 22, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Jim Simons decreased its stake in Servicenow Inc (NOW) by 30.5% based on its latest 2017Q4 regulatory filing with the SEC. Renaissance Technologies Llc sold 598,500 shares as the company’s stock rose 26.03% while stock markets declined. The hedge fund run by Jim Simons held 1.36 million shares of the technology company at the end of 2017Q4, valued at $177.83M, down from 1.96M at the end of the previous reported quarter. Renaissance Technologies Llc who had been investing in Servicenow Inc for a number of months, seems to be less bullish one the $29.51 billion market cap company. The stock decreased 2.36% or $4.09 during the last trading session, reaching $168.9. About 1.86M shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 91.85% since April 22, 2017 and is uptrending. It has outperformed by 80.30% the S&P500.

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

Mcmillion Capital Management Inc, which manages about $226.22 million and $166.48M US Long portfolio, upped its stake in Ishares Nasdaq Biotechnology E (IBB) by 14,782 shares to 21,612 shares, valued at $2.31 million in 2017Q4, according to the filing.

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 has $67 highest and $1100 lowest target. $24.87’s average target is 71.05% above currents $14.54 stock price. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Tuesday, January 30. Stifel Nicolaus has “Hold” rating and $17 target. As per Monday, October 30, the company rating was maintained by Deutsche Bank. The company was initiated on Tuesday, January 23 by UBS. Deutsche Bank maintained General Electric Company (NYSE:GE) rating on Monday, September 11. Deutsche Bank has “Sell” rating and $21.0 target. The firm has “Buy” rating by Bank of America given on Tuesday, November 14. The firm has “Sell” rating by J.P. Morgan given on Monday, October 9. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by TheStreet on Wednesday, August 26. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Stifel Nicolaus on Sunday, December 10. maintained the stock with “Buy” rating in Monday, October 10 report. As per Tuesday, November 14, the company rating was downgraded by RBC Capital Markets.

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. Invest Serv has 109,939 shares for 0.7% of their portfolio. The Ohio-based Park National Oh has invested 0.93% in General Electric Company (NYSE:GE). Spc Inc stated it has 47,804 shares. 371,083 were accumulated by Nbt Bank & Trust N A Ny. Schulhoff & Com accumulated 116,169 shares. Voloridge Ltd stated it has 4.23% of its portfolio in General Electric Company (NYSE:GE). Fidelity owns 338,900 shares. Cardinal Cap Management has invested 0% in General Electric Company (NYSE:GE). Ls Limited Liability Company has 0.34% invested in General Electric Company (NYSE:GE) for 339,493 shares. Ferguson Wellman Cap Mngmt Inc reported 314,921 shares. Putnam Fl Comm reported 55,977 shares or 0.09% of all its holdings. Moreover, Rampart Inv Mgmt Co Ltd Co has 0.71% invested in General Electric Company (NYSE:GE). Birinyi Inc has 0.25% invested in General Electric Company (NYSE:GE) for 31,910 shares. Rhumbline Advisers has invested 0.5% in General Electric Company (NYSE:GE). Lathrop Invest holds 2.21% in General Electric Company (NYSE:GE) or 460,191 shares.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.33, from 1.38 in 2017Q3. It is negative, as 42 investors sold NOW shares while 132 reduced holdings. 67 funds opened positions while 116 raised stakes. 167.59 million shares or 1.79% less from 170.65 million shares in 2017Q3 were reported. Bnp Paribas Asset Mgmt Holdg Sa accumulated 118,087 shares. Zevenbergen Cap Investments Ltd Company invested 2.3% in ServiceNow, Inc. (NYSE:NOW). Td Asset Management Inc stated it has 0.06% of its portfolio in ServiceNow, Inc. (NYSE:NOW). M&T Fincl Bank stated it has 0.01% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Old Mutual Customised Solutions (Proprietary) holds 2,006 shares. California State Teachers Retirement Systems invested 0.07% in ServiceNow, Inc. (NYSE:NOW). Qs Investors Limited Company owns 2,105 shares or 0% of their US portfolio. Toth Advisory invested in 0% or 100 shares. Lincoln National invested 0.01% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Pictet Asset Mgmt Ltd owns 682,166 shares. Quantitative Management Lc stated it has 22,400 shares. Bamco Ny holds 0.03% or 57,333 shares in its portfolio. Citigroup has 423,834 shares for 0.04% of their portfolio. Marshall Wace Ltd Liability Partnership has 0.13% invested in ServiceNow, Inc. (NYSE:NOW) for 23,278 shares. Benjamin F Edwards And holds 0% or 131 shares.

Analysts await ServiceNow, Inc. (NYSE:NOW) to report earnings on April, 25 after the close. They expect $-0.07 earnings per share, up 61.11% or $0.11 from last year’s $-0.18 per share. After $-0.23 actual earnings per share reported by ServiceNow, Inc. for the previous quarter, Wall Street now forecasts -69.57% EPS growth.

Since January 9, 2018, it had 0 insider purchases, and 14 insider sales for $71.93 million activity. LUDDY FREDERIC B had sold 100,000 shares worth $13.54M. $374,412 worth of ServiceNow, Inc. (NYSE:NOW) was sold by Schneider David on Thursday, February 22. Sands Anita M sold 1,636 shares worth $246,234. 19,673 ServiceNow, Inc. (NYSE:NOW) shares with value of $2.80 million were sold by BOSTROM SUSAN L. On Tuesday, February 27 the insider MILLER JEFFREY A sold $2.08M. $3.68M worth of stock was sold by Scarpelli Michael on Wednesday, February 14.

ServiceNow, Inc. (NYSE:NOW) Institutional Positions Chart

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