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As Delaware Enhanced Gbl Div & (DEX) Stock Price Declined, Rivernorth Capital Management Has Increased Its Stake by $2.84 Million; Glenview State Bank Trust Lowered General Electric Co (GE) Position by $1.17 Million; Market Value Declined

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Rivernorth Capital Management Llc increased its stake in Delaware Enhanced Gbl Div & (DEX) by 33.41% based on its latest 2017Q4 regulatory filing with the SEC. Rivernorth Capital Management Llc bought 236,475 shares as the company’s stock declined 5.91% with the market. The institutional investor held 944,346 shares of the company at the end of 2017Q4, valued at $11.46M, up from 707,871 at the end of the previous reported quarter. Rivernorth Capital Management Llc who had been investing in Delaware Enhanced Gbl Div & for a number of months, seems to be bullish on the $ market cap company. The stock increased 0.09% or $0.01 during the last trading session, reaching $11.73. About 11,684 shares traded. Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) has risen 6.01% since May 18, 2017 and is uptrending. It has underperformed by 5.54% the S&P500.

Glenview State Bank Trust decreased its stake in General Electric Co (GE) by 51.37% based on its latest 2017Q4 regulatory filing with the SEC. Glenview State Bank Trust sold 68,737 shares as the company’s stock declined 23.20% with the market. The institutional investor held 65,079 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.14M, down from 133,816 at the end of the previous reported quarter. Glenview State Bank Trust who had been investing in General Electric Co for a number of months, seems to be less bullish one the $130.54 billion market cap company. It closed at $15.03 lastly. It is down 54.35% since May 18, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Another recent and important Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) news was published by Businesswire.com which published an article titled: “Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX” on April 27, 2018.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.23, from 0.71 in 2017Q3. It improved, as 6 investors sold DEX shares while 10 reduced holdings. 6 funds opened positions while 9 raised stakes. 7.22 million shares or 4.96% more from 6.88 million shares in 2017Q3 were reported. 14 are owned by Pnc Financial Service Group Incorporated. 11,007 are owned by Susquehanna International Grp Limited Liability Partnership. 1607 Cap Partners Limited Liability Corp reported 121,701 shares. Royal Savings Bank Of Canada holds 234,385 shares or 0% of its portfolio. Sit Assoc accumulated 994,608 shares. Parametric Portfolio Associate Ltd Limited Liability Company holds 0% or 13,678 shares. Saba Capital Management Limited Partnership has invested 1.75% in Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX). Stratos Wealth Prtn stated it has 1,700 shares or 0% of all its holdings. Raymond James Associates stated it has 0.01% of its portfolio in Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX). Reilly Advsr Lc holds 0% or 284 shares in its portfolio. Ohio-based Advsrs Ltd Limited Liability Corporation has invested 0% in Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX). Sei Communication has 110 shares for 0% of their portfolio. Advsr Asset Management holds 0.15% in Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) or 744,755 shares. Fifth Third Bank holds 0% in Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) or 1,282 shares. Blue Bell Private Wealth Mngmt Ltd Llc has 68,836 shares for 0.37% of their portfolio.

Rivernorth Capital Management Llc, which manages about $2.15 billion and $1.44 billion US Long portfolio, decreased its stake in Clough Global Equity Fd (GLQ) by 1.32 million shares to 651,932 shares, valued at $8.72 million in 2017Q4, according to the filing. It also reduced its holding in Royce Micro (NYSE:RMT) by 102,352 shares in the quarter, leaving it with 647,033 shares, and cut its stake in Tri Contl Corp (NYSE:TY).

Glenview State Bank Trust, which manages about $216.84M US Long portfolio, upped its stake in Becton Dickinson Co (NYSE:BDX) by 3,958 shares to 10,898 shares, valued at $2.33 million in 2017Q4, according to the filing.

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 $1.56B 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: “GE Is No Bargain At $14” on May 02, 2018, also Businesswire.com with their article: “GE Unveils Cross-Fleet Gas Turbine Capabilities That Can Increase Performance and Reliability of Other OEM Fleets” published on May 16, 2018, Seekingalpha.com published: “Gabelli on GE: ‘There is a way out'” on May 14, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric: Finally, It’s Over” published on April 23, 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 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. Tompkins Corporation owns 66,860 shares or 0.27% of their US portfolio. Roundview Limited reported 0.4% of its portfolio in General Electric Company (NYSE:GE). Moreover, Kamunting Street Capital Management Lp has 0.5% invested in General Electric Company (NYSE:GE) for 40,000 shares. State Common Retirement Fund holds 0.49% of its portfolio in General Electric Company (NYSE:GE) for 23.22M shares. Ipg Investment Advsr Ltd Liability holds 0.27% of its portfolio in General Electric Company (NYSE:GE) for 37,360 shares. Buffington Mohr Mcneal accumulated 43,080 shares. General Elec reported 142,000 shares. Lincoln National Corporation has invested 0.17% in General Electric Company (NYSE:GE). Dsc Advisors Limited Partnership has 12,277 shares for 0.12% of their portfolio. Regal Investment Advsrs Llc accumulated 186,095 shares. Menta Capital Limited Company holds 0.1% or 28,274 shares in its portfolio. Equitec Specialists Limited Liability has 0.08% invested in General Electric Company (NYSE:GE) for 24,000 shares. First Personal Financial Services accumulated 111,692 shares. Savant Ltd Co accumulated 0.27% or 74,673 shares. Glob has 0.85% invested in General Electric Company (NYSE:GE).

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 firm earned “Outperform” rating on Tuesday, October 13 by William Blair. Stifel Nicolaus maintained General Electric Company (NYSE:GE) on Friday, July 7 with “Buy” rating. On Monday, June 12 the stock rating was maintained by Oppenheimer with “Hold”. The rating was maintained by RBC Capital Markets on Monday, October 19 with “Outperform”. The firm has “Hold” rating given on Tuesday, January 30 by Stifel Nicolaus. The rating was downgraded by DZ Bank to “Hold” on Friday, January 26. Bank of America downgraded it to “Neutral” rating and $31 target in Wednesday, April 26 report. The firm earned “Hold” rating on Tuesday, January 23 by UBS. Vetr downgraded the shares of GE in report on Tuesday, September 22 to “Hold” rating. As per Thursday, January 4, the company rating was maintained by Tigress Financial.

General Electric Company (NYSE:GE) Institutional Positions Chart

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