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Gofen & Glossberg Cut General Electric (GE) Position; Trimble Navigation LTD (TRMB)’s Sentiment Is 1.18

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Trimble Navigation LTD (TRMB) investors sentiment is 1.18 in Q4 2017. It’s the same as in 2017Q3. The ratio is neither negative nor positive, as only 176 investment managers increased and opened new stock positions, while 149 sold and decreased stakes in Trimble Navigation LTD. The investment managers in our database now own: 216.30 million shares, down from 221.33 million shares in 2017Q3. Also, the number of investment managers holding Trimble Navigation LTD in top ten stock positions increased from 7 to 9 for an increase of 2. Sold All: 20 Reduced: 129 Increased: 131 New Position: 45.

Gofen & Glossberg Llc decreased General Electric (GE) stake by 18.34% reported in 2017Q4 SEC filing. Gofen & Glossberg Llc sold 351,367 shares as General Electric (GE)’s stock declined 23.20%. The Gofen & Glossberg Llc holds 1.56 million shares with $27.30M value, down from 1.92M last quarter. General Electric now has $130.54B valuation. The stock increased 2.18% or $0.32 during the last trading session, reaching $15.03. About 54.62 million 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.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 earnings per share, 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 earnings per share 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: “General Electric’s Big Payout” on May 15, 2018, also Fool.com with their article: “How General Electric Has Changed in the Last 2 Years” published on May 16, 2018, Seekingalpha.com published: “General Electric’s Death Could Be Best For Shareholders” on April 25, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Businesswire.com and their article: “GE Expands Its Innovative Advanced Gas Path Technology to Fifth Gas Turbine Fleet and Announces First Adoption in …” published on May 16, 2018 as well as Bizjournals.com‘s news article titled: “GE, Teradyne urge Trump administration to ditch Chinese tariffs” with publication date: May 16, 2018.

Gofen & Glossberg Llc increased Becton Dickinson (NYSE:BDX) stake by 1,571 shares to 34,325 valued at $7.35 million in 2017Q4. It also upped Ford Motor (NYSE:F) stake by 25,250 shares and now owns 40,283 shares. Vanguard Ltd Term T/E Fd (VMLUX) was raised too.

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 has $67 highest and $1100 lowest target. $24.91’s average target is 65.74% above currents $15.03 stock price. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 25 by Deutsche Bank. The rating was initiated by Cowen & Co on Tuesday, June 7 with “Market Perform”. The firm earned “Buy” rating on Tuesday, November 14 by Bank of America. The stock of General Electric Company (NYSE:GE) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, July 25. maintained the stock with “Buy” rating in Monday, October 10 report. RBC Capital Markets maintained it with “Hold” rating and $1500 target in Monday, April 23 report. The rating was initiated by Standpoint Research on Friday, July 22 with “Sell”. Bernstein upgraded the stock to “Outperform” rating in Friday, December 16 report. The company was maintained on Wednesday, November 1 by JP Morgan. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by Deutsche Bank on Tuesday, November 21.

Since January 26, 2018, it had 1 insider buy, and 0 sales for $43,446 activity. $43,446 worth of General Electric Company (NYSE:GE) was bought by DIMITRIEF ALEXANDER on Friday, January 26.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It fall, 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. Oakworth Cap has 54,401 shares. British Columbia Invest Mgmt Corporation invested in 0.65% or 5.28 million shares. Fulton Bank Na invested in 130,286 shares or 0.16% of the stock. 826,729 were reported by Waters Parkerson And Limited Com. Teacher Retirement System Of Texas has invested 0.34% of its portfolio in General Electric Company (NYSE:GE). Numeric Investors Lc has invested 0% in General Electric Company (NYSE:GE). 32,481 were accumulated by Spirit Of America Mngmt Corporation New York. Beck Mack And Oliver Llc holds 0.1% of its portfolio in General Electric Company (NYSE:GE) for 181,440 shares. Phocas Fincl Corporation has 0.04% invested in General Electric Company (NYSE:GE) for 24,179 shares. 25.51 million were reported by Susquehanna Interest Group Llp. 459,572 were accumulated by Parallax Volatility Advisers Limited Partnership. Moreover, Cetera Advisor Netwr has 0.24% invested in General Electric Company (NYSE:GE) for 323,652 shares. Washington Trust Financial Bank stated it has 45,322 shares. Anderson Hoagland & stated it has 0.53% of its portfolio in General Electric Company (NYSE:GE). Whalerock Point Partners Ltd Co reported 0.29% in General Electric Company (NYSE:GE).

More notable recent Trimble Inc. (NASDAQ:TRMB) news were published by: Seekingalpha.com which released: “Trimble reports Q1 beats, in-line guidance” on May 07, 2018, also Bizjournals.com with their article: “Portland construction software firm Viewpoint acquired in $1.2B deal” published on April 24, 2018, Investorplace.com published: “3 Stocks to Watch on Tuesday: Citigroup Inc (C), Snap Inc (SNAP) and Trimble Inc (TRMB)” on May 08, 2018. More interesting news about Trimble Inc. (NASDAQ:TRMB) were released by: Seekingalpha.com and their article: “Trimble To Acquire Viewpoint For Construction Software Buildout” published on April 24, 2018 as well as Prnewswire.com‘s news article titled: “Trimble to Host 2018 Investor Day” with publication date: May 15, 2018.

Ratings analysis reveals 50% of Trimble’s analysts are positive. Out of 4 Wall Street analysts rating Trimble, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $24.0 while the high is $33.0. The stock’s average target of $28 is -19.49% below today’s ($34.78) share price. TRMB was included in 4 notes of analysts from November 4, 2016. The firm earned “Buy” rating on Friday, November 4 by Dougherty & Company. The firm has “Buy” rating given on Thursday, February 9 by Needham. As per Friday, January 13, the company rating was initiated by Northcoast. As per Thursday, February 9, the company rating was maintained by Craig Hallum.

Trimble Inc. provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company has market cap of $8.67 billion. The companyÂ’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software. It has a 68.33 P/E ratio. The Company’s Field Solutions segment provides guidance and positioning, and automated application systems; and information management solutions, as well as systems to collect authoritative field data.

Analysts await Trimble Inc. (NASDAQ:TRMB) to report earnings on August, 1. They expect $0.40 earnings per share, up 21.21% or $0.07 from last year’s $0.33 per share. TRMB’s profit will be $99.69 million for 21.74 P/E if the $0.40 EPS becomes a reality. After $0.39 actual earnings per share reported by Trimble Inc. for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 7 sales for $11.06 million activity.

Trimble Inc. (NASDAQ:TRMB) Institutional Positions Chart

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