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General Electric Co (GE) Holding Held by Meridian Investment Counsel Inc; First Financial Bank – Trust Division Has Decreased Conocophillips (COP) Position by $381,996; Shares Rose

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First Financial Bank – Trust Division decreased its stake in Conocophillips (COP) by 40.35% based on its latest 2017Q4 regulatory filing with the SEC. First Financial Bank – Trust Division sold 7,074 shares as the company’s stock rose 6.56% while stock markets declined. The institutional investor held 10,459 shares of the integrated oil company at the end of 2017Q4, valued at $574,000, down from 17,533 at the end of the previous reported quarter. First Financial Bank – Trust Division who had been investing in Conocophillips for a number of months, seems to be less bullish one the $76.41 billion market cap company. The stock decreased 0.84% or $0.55 during the last trading session, reaching $65.24. About 2.93 million shares traded. ConocoPhillips (NYSE:COP) has risen 33.53% since April 23, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Meridian Investment Counsel Inc increased its stake in General Electric Co (GE) by 73.3% based on its latest 2017Q4 regulatory filing with the SEC. Meridian Investment Counsel Inc bought 48,597 shares as the company’s stock declined 23.20% with the market. The institutional investor held 114,897 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.01M, up from 66,300 at the end of the previous reported quarter. Meridian Investment Counsel Inc who had been investing in General Electric Co for a number of months, seems to be bullish on the $126.78 billion market cap company. The stock increased 0.41% or $0.06 during the last trading session, reaching $14.6. About 29.70 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 23, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Among 25 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. ConocoPhillips had 97 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Bernstein to “Market Perform” on Thursday, July 6. The company was downgraded on Monday, August 31 by Vetr. UBS maintained ConocoPhillips (NYSE:COP) on Friday, February 5 with “Neutral” rating. The stock of ConocoPhillips (NYSE:COP) has “Underperform” rating given on Thursday, April 21 by Jefferies. The company was maintained on Wednesday, December 20 by RBC Capital Markets. The rating was downgraded by Jefferies to “Hold” on Thursday, April 19. The firm has “Buy” rating given on Tuesday, November 21 by Piper Jaffray. Bernstein initiated the stock with “Outperform” rating in Friday, August 7 report. The firm earned “Buy” rating on Wednesday, December 13 by Goldman Sachs. As per Tuesday, June 13, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 0.72 in Q4 2017. Its up 0.09, from 0.63 in 2017Q3. It is positive, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Raymond James Fincl Svcs Advsr Inc owns 265,066 shares or 0.09% of their US portfolio. Tirschwell & Loewy holds 11,400 shares or 0.09% of its portfolio. Lakeview Cap Prtn Lc holds 4,889 shares or 0.2% of its portfolio. Moreover, Nelson Van Denburg Campbell Wealth Group Inc has 0.09% invested in ConocoPhillips (NYSE:COP) for 7,590 shares. Vaughan David Invests Il invested in 1.08% or 422,604 shares. Private Na owns 15,945 shares for 0.19% of their portfolio. Sit Inv Assoc has invested 0% in ConocoPhillips (NYSE:COP). 386,524 were accumulated by Royal State Bank Of Scotland Gru Public Limited Co. Adirondack Company holds 0.43% of its portfolio in ConocoPhillips (NYSE:COP) for 10,772 shares. Banced, Illinois-based fund reported 16,224 shares. Legacy Prtn holds 0.82% or 30,251 shares. Verity Asset Mngmt holds 1.4% or 31,701 shares. Farmers National Bank holds 0.31% or 3,526 shares. Adell Harriman Carpenter Inc has 12,256 shares. Commonwealth Bancshares Of Australia reported 0.18% in ConocoPhillips (NYSE:COP).

Since March 29, 2018, it had 0 insider purchases, and 1 sale for $1.47 million activity.

First Financial Bank – Trust Division, which manages about $606.39 million US Long portfolio, upped its stake in Ishares (IWM) by 13,857 shares to 274,265 shares, valued at $41.81 million in 2017Q4, according to the filing. It also increased its holding in Vanguard (VNQ) by 4,110 shares in the quarter, for a total of 204,668 shares, and has risen its stake in Ishares (QUAL).

Analysts await ConocoPhillips (NYSE:COP) to report earnings on April, 26 before the open. They expect $0.70 EPS, up 3,600.00% or $0.72 from last year’s $-0.02 per share. COP’s profit will be $819.80 million for 23.30 P/E if the $0.70 EPS becomes a reality. After $0.45 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts 55.56% EPS growth.

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 99 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 26 by Vetr. RBC Capital Markets maintained it with “Outperform” rating and $35 target in Monday, April 24 report. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Cowen & Co on Monday, August 7. The rating was maintained by Cowen & Co with “Hold” on Thursday, October 19. Bank of America downgraded the shares of GE in report on Wednesday, April 26 to “Neutral” rating. Bank of America downgraded the stock to “Hold” rating in Monday, January 22 report. As per Wednesday, April 11, the company rating was maintained by Cowen & Co. The company was upgraded on Tuesday, October 13 by William Blair. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Citigroup on Thursday, January 25. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by Credit Suisse on Thursday, October 5.

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. Hartford Invest Mngmt Company holds 1.82M shares. Lbmc Invest Ltd Liability Company, Tennessee-based fund reported 16,670 shares. Metropolitan Life Ins Ny invested in 1.41 million shares or 0.33% of the stock. Tokio Marine Asset Mngmt invested in 0.15% or 56,265 shares. Associated Banc holds 532,807 shares. 127,469 were accumulated by Livingston Group Inc Asset Mgmt Com (Operating As Southport Management). Guyasuta Advisors Inc holds 0.42% of its portfolio in General Electric Company (NYSE:GE) for 211,329 shares. Stock Yards Bancorp And Com, a Kentucky-based fund reported 181,081 shares. Cap Wealth Planning accumulated 13,500 shares. New Jersey Better Educational Savings Tru has 38,000 shares. Alps Advsr reported 2.71M shares. Rosenbaum Jay D holds 0.77% or 24,100 shares. 430,135 are owned by Patten Patten Tn. Pinnacle Limited Liability Com has invested 0.23% in General Electric Company (NYSE:GE). Pathstone Family Office Limited Liability Company holds 5,104 shares or 0.05% of its portfolio.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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