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As General Electric Co (GE) Stock Price Declined, Holder Mcrae Capital Management Cut Its Stake by $3.86 Million; As New Home Co Common (NWHM) Stock Declined, Stonehill Capital Management Has Lowered Its Position by $2.51 Million

The New Home Company Inc. (NYSE:NWHM) Logo

Mcrae Capital Management Inc decreased its stake in General Electric Co (GE) by 88.01% based on its latest 2017Q4 regulatory filing with the SEC. Mcrae Capital Management Inc sold 227,166 shares as the company’s stock declined 23.20% with the market. The institutional investor held 30,948 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $540,000, down from 258,114 at the end of the previous reported quarter. Mcrae Capital Management Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $130.54B market cap company. The stock increased 2.18% or $0.32 during the last trading session, reaching $15.03. About 54.62M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 17, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Stonehill Capital Management Llc decreased its stake in New Home Co Inc Common (NWHM) by 78.5% based on its latest 2017Q4 regulatory filing with the SEC. Stonehill Capital Management Llc sold 208,999 shares as the company’s stock declined 9.67% with the market. The hedge fund held 57,241 shares of the homebuilding company at the end of 2017Q4, valued at $717,000, down from 266,240 at the end of the previous reported quarter. Stonehill Capital Management Llc who had been investing in New Home Co Inc Common for a number of months, seems to be less bullish one the $212.39 million market cap company. The stock increased 4.01% or $0.39 during the last trading session, reaching $10.11. About 90,135 shares traded or 9.56% up from the average. The New Home Company Inc. (NYSE:NWHM) has risen 6.97% since May 17, 2017 and is uptrending. It has underperformed by 4.58% the S&P500.

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

Investors sentiment decreased to 0.5 in 2017 Q4. 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. Moreover, Chatham Group Incorporated has 0.14% invested in General Electric Company (NYSE:GE). Spc Financial accumulated 47,804 shares. Alpha Windward Lc stated it has 0.1% of its portfolio in General Electric Company (NYSE:GE). Lafayette Inc accumulated 15,488 shares. Atlantic Trust Group Incorporated Ltd Liability owns 1.92 million shares. 183,918 are held by Hawkins L P. Kessler Invest Limited Liability Company holds 0.13% or 5,712 shares in its portfolio. M Kraus And owns 108,237 shares. Boyd Watterson Asset Mgmt Lc Oh reported 0.5% in General Electric Company (NYSE:GE). Endurance Wealth Mngmt Inc holds 152,158 shares or 0.43% of its portfolio. 1St Source Bancorp holds 193,261 shares. Exxonmobil Inv Mngmt Tx owns 0.66% invested in General Electric Company (NYSE:GE) for 1.38M shares. Barclays Public Limited Company invested in 20.70 million shares. Capital Ltd Ca owns 49,222 shares. Jp Marvel Investment Advsrs Limited Liability Com holds 1.01% or 190,348 shares in its portfolio.

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 102 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, November 30 with “Outperform”. The company was maintained on Sunday, December 10 by Stifel Nicolaus. On Monday, June 12 the stock rating was maintained by Cowen & Co with “Hold”. The rating was maintained by Stifel Nicolaus on Tuesday, June 13 with “Buy”. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Bank of America on Monday, January 22. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Oppenheimer on Monday, July 24. As per Tuesday, August 25, the company rating was maintained by Deutsche Bank. The company was maintained on Monday, November 23 by Credit Suisse. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, July 25. As per Friday, April 27, the company rating was maintained by Stifel Nicolaus.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 EPS, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56 billion for 20.88 P/E if the $0.18 EPS becomes a reality. After $0.16 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE: The Turnaround Strengthens” on April 23, 2018, also Seekingalpha.com with their article: “General Electric: Selling Low?” published on May 17, 2018, Seekingalpha.com published: “GE Stock: Situation Simplified” on April 26, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Marketwatch.com and their article: “GE’s stock survived the battle of the ‘breakaway gap,’ and that may have won bulls the war” published on May 11, 2018 as well as Benzinga.com‘s news article titled: “Analyst: Wabtec A Buy On Potential GE Synergies” with publication date: April 23, 2018.

Investors sentiment decreased to 1.54 in Q4 2017. Its down 0.36, from 1.9 in 2017Q3. It worsened, as 9 investors sold NWHM shares while 15 reduced holdings. 12 funds opened positions while 25 raised stakes. 11.75 million shares or 1.61% more from 11.57 million shares in 2017Q3 were reported. 11,436 were accumulated by Stone Ridge Asset Mngmt Ltd. The Germany-based Deutsche Commercial Bank Ag has invested 0% in The New Home Company Inc. (NYSE:NWHM). Northern holds 140,169 shares or 0% of its portfolio. Manufacturers Life Insur The has invested 0% in The New Home Company Inc. (NYSE:NWHM). National Bank Of Mellon accumulated 117,953 shares. Kennedy Capital Management accumulated 791,111 shares or 0.18% of the stock. First Tru Advisors LP holds 0% or 12,326 shares in its portfolio. Moreover, Millennium Management Ltd Co has 0% invested in The New Home Company Inc. (NYSE:NWHM) for 59,868 shares. D E Shaw And reported 43,088 shares. California Public Employees Retirement Systems holds 0% of its portfolio in The New Home Company Inc. (NYSE:NWHM) for 174,800 shares. Parallax Volatility Advisers Limited Partnership holds 1,932 shares or 0% of its portfolio. Amer Gp reported 8,319 shares stake. Thompson Davis stated it has 0% of its portfolio in The New Home Company Inc. (NYSE:NWHM). Stonehill Cap Ltd Liability accumulated 57,241 shares or 0.29% of the stock. Tiaa Cref Management Limited Liability Corporation holds 92,710 shares.

Analysts await The New Home Company Inc. (NYSE:NWHM) to report earnings on July, 26. They expect $0.02 earnings per share, down 81.82% or $0.09 from last year’s $0.11 per share. NWHM’s profit will be $420,158 for 126.38 P/E if the $0.02 EPS becomes a reality. After $-0.03 actual earnings per share reported by The New Home Company Inc. for the previous quarter, Wall Street now forecasts -166.67% EPS growth.

More recent The New Home Company Inc. (NYSE:NWHM) news were published by: Streetinsider.com which released: “The New Home Co. (NWHM) Reports $15M Share Buyback Authorization” on May 14, 2018. Also Ocbj.com published the news titled: “Midday Stock Roundup” on April 19, 2018. Seekingalpha.com‘s news article titled: “The New Home’s (NWHM) CEO Larry Webb on Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018 was also an interesting one.

Among 3 analysts covering New Home Company (NYSE:NWHM), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. New Home Company had 8 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained The New Home Company Inc. (NYSE:NWHM) on Wednesday, June 15 with “Neutral” rating. The firm earned “Overweight” rating on Friday, August 7 by JP Morgan. The stock of The New Home Company Inc. (NYSE:NWHM) earned “Overweight” rating by JP Morgan on Monday, August 10. JMP Securities downgraded The New Home Company Inc. (NYSE:NWHM) on Thursday, February 15 to “Market Perform” rating. JP Morgan maintained The New Home Company Inc. (NYSE:NWHM) rating on Tuesday, February 20. JP Morgan has “Neutral” rating and $13 target.

Since December 12, 2017, it had 0 insider buys, and 6 selling transactions for $2.32 million activity. Another trade for 70,000 shares valued at $884,661 was sold by TCN/TNHC LP.

Stonehill Capital Management Llc, which manages about $3.24 billion and $245.49 million US Long portfolio, upped its stake in Northern Oil & Gas Inc Common (NYSEMKT:NOG) by 1.25M shares to 2.03 million shares, valued at $4.15 million in 2017Q4, according to the filing.

The New Home Company Inc. (NYSE:NWHM) Institutional Positions Chart

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