Stock News

General Electric Co (GE) Shareholder Eubel Brady & Suttman Asset Management Has Raised Position; Home Depot (HD) Shares Declined While Adell Harriman & Carpenter Cut Stake

General Electric Company (NYSE:GE) Logo

Adell Harriman & Carpenter Inc decreased its stake in Home Depot (HD) by 5.17% based on its latest 2017Q4 regulatory filing with the SEC. Adell Harriman & Carpenter Inc sold 2,957 shares as the company’s stock declined 7.15% with the market. The institutional investor held 54,195 shares of the consumer services company at the end of 2017Q4, valued at $10.27B, down from 57,152 at the end of the previous reported quarter. Adell Harriman & Carpenter Inc who had been investing in Home Depot for a number of months, seems to be less bullish one the $216.04B market cap company. The stock increased 1.13% or $2.09 during the last trading session, reaching $187.42. About 4.70 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since May 20, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

Eubel Brady & Suttman Asset Management Inc increased its stake in General Electric Co (GE) by 2120.38% based on its latest 2017Q4 regulatory filing with the SEC. Eubel Brady & Suttman Asset Management Inc bought 386,758 shares as the company’s stock declined 23.20% with the market. The institutional investor held 404,998 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $7.07M, up from 18,240 at the end of the previous reported quarter. Eubel Brady & Suttman Asset Management Inc who had been investing in General Electric Co for a number of months, seems to be bullish on the $130.02 billion market cap company. The stock decreased 0.40% or $0.06 during the last trading session, reaching $14.97. About 34.36 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 20, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.21, from 1.14 in 2017Q3. It worsened, as 51 investors sold HD shares while 662 reduced holdings. 164 funds opened positions while 501 raised stakes. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported. Gm Advisory Group Inc holds 0.18% or 3,520 shares in its portfolio. 60,143 were accumulated by Amica Mutual Ins Com. Reliant Inv Mngmt Ltd has 3.19% invested in The Home Depot, Inc. (NYSE:HD). Greenwood Gearhart reported 2.3% of its portfolio in The Home Depot, Inc. (NYSE:HD). Private Wealth Limited Liability Corporation holds 0.66% or 18,829 shares. East Coast Asset Lc owns 2,051 shares or 0.11% of their US portfolio. Keating Inv Counselors reported 67,607 shares. Hanson Doremus Investment, Vermont-based fund reported 883 shares. 3,936 were reported by Fiera Capital. Nuveen Asset Limited Liability Company holds 454,850 shares. Partnervest Advisory Limited Liability accumulated 2,225 shares. 54,225 were reported by Dorsey And Whitney Trust Co Limited Co. Jump Trading Ltd Llc accumulated 10,824 shares. Bancshares holds 0.29% or 118,742 shares in its portfolio. Perritt Capital has invested 0.11% in The Home Depot, Inc. (NYSE:HD).

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Seekingalpha.com which released: “Wells Fargo high on home improvement retailers” on April 24, 2018, also Investorplace.com with their article: “How Home Depot Inc Is Winning With Millennials” published on May 09, 2018, Seekingalpha.com published: “Home Depot’s (HD) CEO Craig Menear on Q1 2018 Results – Earnings Call Transcript” on May 15, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Seekingalpha.com and their article: “Home Depot’s (HD) CEO Craig Menear Hosts 2018 Annual Shareholder Meeting (Transcript)” published on May 17, 2018 as well as Forbes.com‘s news article titled: “Can Online Sales Drive Growth For Home Depot In The First Quarter?” with publication date: May 11, 2018.

Since December 7, 2017, it had 2 insider buys, and 5 selling transactions for $36.57 million activity. 6,650 shares were bought by CODINA ARMANDO M, worth $1.19 million on Friday, March 2. On Thursday, February 22 Campbell Ann Marie sold $7.02 million worth of The Home Depot, Inc. (NYSE:HD) or 37,680 shares. $7.58 million worth of The Home Depot, Inc. (NYSE:HD) shares were sold by Carey Matt. $3.31 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Decker Edward P.. 10,916 shares valued at $1.97M were sold by Roseborough Teresa Wynn on Thursday, December 7. The insider BRENNEMAN GREGORY D bought $3.00 million.

Adell Harriman & Carpenter Inc, which manages about $528.39M and $472.55B US Long portfolio, upped its stake in Ishares Trust Msci India Index (INDA) by 13,750 shares to 43,997 shares, valued at $1.59B in 2017Q4, according to the filing. It also increased its holding in China Index Ishares (FXI) by 300 shares in the quarter, for a total of 11,800 shares, and has risen its stake in Micron Technology (NASDAQ:MU).

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. The Home Depot Inc. had 120 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Wednesday, September 13 by Jefferies. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Friday, November 10 by Jefferies. The stock has “Buy” rating by Jefferies on Friday, July 21. The stock has “Hold” rating by Cantor Fitzgerald on Wednesday, November 18. Bernstein maintained The Home Depot, Inc. (NYSE:HD) rating on Thursday, December 7. Bernstein has “Hold” rating and $170.0 target. The firm earned “Outperform” rating on Wednesday, November 18 by RBC Capital Markets. The stock of The Home Depot, Inc. (NYSE:HD) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 16. The stock has “Outperform” rating by Raymond James on Wednesday, August 16. Robert W. Baird maintained it with “Buy” rating and $210.0 target in Tuesday, January 2 report. The rating was maintained by RBC Capital Markets on Thursday, December 7 with “Buy”.

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. Cowen & Co maintained General Electric Company (NYSE:GE) rating on Wednesday, April 11. Cowen & Co has “Hold” rating and $1200 target. The company was maintained on Thursday, January 4 by Tigress Financial. The rating was maintained by RBC Capital Markets on Monday, April 23 with “Hold”. The rating was maintained by Cowen & Co on Monday, June 12 with “Hold”. Vetr upgraded it to “Buy” rating and $26.28 target in Wednesday, August 26 report. As per Monday, October 19, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Thursday, February 15. Stifel Nicolaus has “Hold” rating and $15.0 target. The firm has “Hold” rating by Oppenheimer given on Monday, July 17. RBC Capital Markets maintained General Electric Company (NYSE:GE) on Monday, October 23 with “Buy” rating. The firm has “Buy” rating given on Friday, September 15 by RBC Capital Markets.

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

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: Selling Low?” on May 17, 2018, also Seekingalpha.com with their article: “GE Is No Bargain At $14” published on May 02, 2018, Seekingalpha.com published: “General Electric At The Annual Meeting: Getting Control?” on April 26, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Fool.com and their article: “How General Electric Has Changed in the Last 2 Years” published on May 16, 2018 as well as Benzinga.com‘s news article titled: “Analyst: Wabtec A Buy On Potential GE Synergies” with publication date: April 23, 2018.

Eubel Brady & Suttman Asset Management Inc, which manages about $789.30 million and $336.13 million US Long portfolio, decreased its stake in Thermo Fisher Scientific Inc (NYSE:TMO) by 10,799 shares to 44,823 shares, valued at $8.51M in 2017Q4, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 10,138 shares in the quarter, leaving it with 152,504 shares, and cut its stake in Cl C Non.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It turned negative, 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. Pacad Invest holds 394,900 shares. Westwood Gp Incorporated invested in 10,641 shares or 0% of the stock. River Road Asset Ltd has invested 0.73% of its portfolio in General Electric Company (NYSE:GE). Boyar Asset Mngmt Incorporated holds 0.27% or 21,869 shares in its portfolio. Bsw Wealth Partners has invested 0.22% in General Electric Company (NYSE:GE). Wolverine Asset Mgmt Ltd Liability Company accumulated 307,549 shares or 0.05% of the stock. 294,200 are owned by Uss Mgmt Ltd. 207,438 are held by Bowen Hanes Commerce Inc. Retail Bank Of Stockton has 0.16% invested in General Electric Company (NYSE:GE). S&Co invested 0.87% of its portfolio in General Electric Company (NYSE:GE). Cape Cod Five Cents National Bank holds 256,033 shares or 0.67% of its portfolio. Raab And Moskowitz Asset Management Ltd Liability Corporation has invested 0.92% in General Electric Company (NYSE:GE). Intact Invest Mgmt holds 0.02% or 34,600 shares in its portfolio. King Luther has 0.2% invested in General Electric Company (NYSE:GE). Rech & Mngmt holds 0.44% or 80,927 shares in its portfolio.

General Electric Company (NYSE:GE) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *