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General Electric Co (GE) Shares Declined While Stearns Financial Services Group Has Boosted Holding by $1.91 Million; As Blackstone Group LP (BX) Stock Price Declined, Shareholder Hmi Capital Has Boosted Its Position

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Mick Hellman increased its stake in Blackstone Group LP (BX) by 23.78% based on its latest 2017Q4 regulatory filing with the SEC. Hmi Capital Llc bought 509,707 shares as the company’s stock declined 3.02% with the market. The hedge fund run by Mick Hellman held 2.65M shares of the investment managers company at the end of 2017Q4, valued at $84.94 million, up from 2.14 million at the end of the previous reported quarter. Hmi Capital Llc who had been investing in Blackstone Group LP for a number of months, seems to be bullish on the $37.72B market cap company. The stock increased 1.25% or $0.39 during the last trading session, reaching $31.68. About 3.35M shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 7.37% since May 21, 2017 and is uptrending. It has underperformed by 4.18% the S&P500.

Stearns Financial Services Group increased its stake in General Electric Co (GE) by 59.31% based on its latest 2017Q4 regulatory filing with the SEC. Stearns Financial Services Group bought 112,518 shares as the company’s stock declined 23.20% with the market. The institutional investor held 302,236 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $5.27M, up from 189,718 at the end of the previous reported quarter. Stearns Financial Services Group who had been investing in General Electric Co for a number of months, seems to be bullish on the $132.54B market cap company. The stock increased 1.94% or $0.29 during the last trading session, reaching $15.26. About 76.67M shares traded or 7.05% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since May 21, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.24, from 1.24 in 2017Q3. It dived, as 59 investors sold BX shares while 154 reduced holdings. 49 funds opened positions while 165 raised stakes. 298.48 million shares or 9.36% more from 272.94 million shares in 2017Q3 were reported. 903,921 were reported by Riverpark Ltd. Gilman Hill Asset Mngmt Lc stated it has 23,575 shares. Stratos Wealth Prns Limited holds 0.33% of its portfolio in The Blackstone Group L.P. (NYSE:BX) for 226,325 shares. Riverpark Ltd Company has invested 1.35% in The Blackstone Group L.P. (NYSE:BX). Aviance Ltd Llc reported 0.35% in The Blackstone Group L.P. (NYSE:BX). New Jersey Better Educational Savings Trust, New Jersey-based fund reported 12,000 shares. Balyasny Asset Mngmt Ltd Limited Liability Company holds 366,884 shares. Silvercrest Asset Mgmt Ltd Liability Corp holds 0% of its portfolio in The Blackstone Group L.P. (NYSE:BX) for 13,000 shares. Camarda Fincl Advsr Limited Liability Corp holds 0.2% of its portfolio in The Blackstone Group L.P. (NYSE:BX) for 5,268 shares. Massachusetts Svcs Ma holds 12.64M shares or 0.17% of its portfolio. Jrm Inv Counsel Lc owns 217,956 shares or 5.37% of their US portfolio. 289,168 are owned by Northern Trust. Ubs Asset Americas accumulated 690 shares. The Kentucky-based Field And Main Retail Bank has invested 0.77% in The Blackstone Group L.P. (NYSE:BX). Polar Cap Limited Liability Partnership has 0.11% invested in The Blackstone Group L.P. (NYSE:BX).

Among 19 analysts covering The Blackstone Group L.P. (NYSE:BX), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. The Blackstone Group L.P. had 65 analyst reports since August 9, 2015 according to SRatingsIntel. Oppenheimer maintained The Blackstone Group L.P. (NYSE:BX) rating on Friday, July 14. Oppenheimer has “Outperform” rating and $38 target. Oppenheimer maintained The Blackstone Group L.P. (NYSE:BX) on Sunday, April 15 with “Buy” rating. The firm has “Buy” rating given on Tuesday, February 9 by Deutsche Bank. As per Tuesday, February 6, the company rating was downgraded by JP Morgan. The firm earned “Buy” rating on Friday, January 8 by Deutsche Bank. The rating was maintained by Keefe Bruyette & Woods on Wednesday, April 11 with “Buy”. JP Morgan upgraded The Blackstone Group L.P. (NYSE:BX) on Friday, January 12 to “Overweight” rating. The stock of The Blackstone Group L.P. (NYSE:BX) has “Buy” rating given on Wednesday, January 10 by Keefe Bruyette & Woods. The company was maintained on Friday, October 6 by Jefferies. The stock has “Overweight” rating by Morgan Stanley on Monday, April 23.

More notable recent The Blackstone Group L.P. (NYSE:BX) news were published by: Streetinsider.com which released: “UPDATE: Blackstone (BX) is said to Agree to $4.8 Billion Lasalle Hotel (LHO) Deal – Bloomberg” on May 21, 2018, also Seekingalpha.com with their article: “What A Good Deal Looks Like” published on May 11, 2018, Benzinga.com published: “BTIG: Despite Blackstone Deal, Pebblebrook Still Has Options With LaSalle Hotel Properties” on May 21, 2018. More interesting news about The Blackstone Group L.P. (NYSE:BX) were released by: Seekingalpha.com and their article: “Gramercy: Higher Bid Coming?” published on May 14, 2018 as well as Benzinga.com‘s news article titled: “Jon Bortz” with publication date: May 21, 2018.

Since December 13, 2017, it had 0 insider buys, and 5 selling transactions for $18.59 million activity. 53,037 shares were sold by HILL J TOMILSON, worth $1.80M.

Hmi Capital Llc, which manages about $266.04 million and $864.91 million US Long portfolio, decreased its stake in Nice Ltd (NASDAQ:NICE) by 135,000 shares to 860,562 shares, valued at $79.09M in 2017Q4, according to the filing.

Stearns Financial Services Group, which manages about $686.86 million and $418.65M US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLV) by 4,266 shares to 12,324 shares, valued at $1.02 million in 2017Q4, according to the filing.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It is 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. 15,850 are owned by Cutter Brokerage. Gould Asset Management Limited Liability Co Ca stated it has 0.1% in General Electric Company (NYSE:GE). First Midwest Financial Bank Division holds 0.42% of its portfolio in General Electric Company (NYSE:GE) for 190,722 shares. Cohen Lawrence B stated it has 22,260 shares or 0.25% of all its holdings. Guardian Life Ins Of America owns 28,040 shares for 0.11% of their portfolio. State Farm Mutual Automobile Ins Com holds 41.15 million shares. Lazard Asset Management Ltd Com holds 0.18% of its portfolio in General Electric Company (NYSE:GE) for 5.36 million shares. Shamrock Asset Mgmt Ltd Liability Corp holds 0.07% of its portfolio in General Electric Company (NYSE:GE) for 6,841 shares. Smith Chas P & Assocs Pa Cpas owns 12,105 shares. Estabrook Capital Mgmt owns 1.73% invested in General Electric Company (NYSE:GE) for 655,963 shares. D Scott Neal stated it has 6,296 shares or 0.07% of all its holdings. Eaton Vance Mngmt has invested 0.38% in General Electric Company (NYSE:GE). Moreover, Fiera Capital Corp has 0.01% invested in General Electric Company (NYSE:GE). Inc Ok reported 0.08% in General Electric Company (NYSE:GE). Poplar Forest Capital Ltd Liability has invested 0.02% 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 stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, September 22 by Vetr. As per Monday, July 24, the company rating was maintained by Oppenheimer. Bernstein upgraded the shares of GE in report on Friday, December 16 to “Outperform” rating. On Friday, April 21 the stock rating was maintained by Cowen & Co with “Hold”. The stock has “Sell” rating by J.P. Morgan on Monday, April 9. The firm has “Buy” rating given on Monday, August 17 by S&P Research. The rating was maintained by RBC Capital Markets on Monday, October 19 with “Outperform”. The rating was maintained by Stifel Nicolaus with “Hold” on Sunday, December 10. The firm has “Hold” rating given on Thursday, February 15 by Stifel Nicolaus. The company was maintained on Thursday, October 19 by Cowen & Co.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity.

General Electric Company (NYSE:GE) Institutional Positions Chart

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