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Yhb Investment Advisors Has Lowered General Electric Co (GE) Stake By $1.37 Million; Phocas Financial Increased Its Ring Energy (REI) Holding

Ring Energy, Inc. (NYSEAMERICAN:REI) Logo

Phocas Financial Corp increased Ring Energy Inc (REI) stake by 4.28% reported in 2017Q4 SEC filing. Phocas Financial Corp acquired 57,388 shares as Ring Energy Inc (REI)’s stock declined 3.07%. The Phocas Financial Corp holds 1.40 million shares with $19.44M value, up from 1.34 million last quarter. Ring Energy Inc now has $966.21 million valuation. The stock decreased 3.56% or $0.59 during the last trading session, reaching $16. About 607,792 shares traded. Ring Energy, Inc. (NYSEMKT:REI) has risen 45.39% since May 21, 2017 and is uptrending. It has outperformed by 33.84% the S&P500.

Yhb Investment Advisors Inc decreased General Electric Co (GE) stake by 53.28% reported in 2017Q4 SEC filing. Yhb Investment Advisors Inc sold 80,460 shares as General Electric Co (GE)’s stock declined 23.20%. The Yhb Investment Advisors Inc holds 70,546 shares with $1.23M value, down from 151,006 last quarter. General Electric Co now has $130.02B valuation. 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 21, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Phocas Financial Corp decreased Verint Sys Inc (NASDAQ:VRNT) stake by 8,190 shares to 193,058 valued at $8.08 million in 2017Q4. It also reduced American Eagle Outfitters Inc (NYSE:AEO) stake by 124,577 shares and now owns 344,482 shares. Kaiser Aluminum Corp (NASDAQ:KALU) was reduced too.

Among 8 analysts covering Ring Energy Inc (NYSEMKT:REI), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Ring Energy Inc had 10 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Ring Energy, Inc. (NYSEAMERICAN:REI) has “Buy” rating given on Thursday, December 21 by KLR Group. The company was downgraded on Wednesday, January 6 by FBR Capital. The stock has “Buy” rating by Wunderlich on Thursday, May 12. The firm has “Buy” rating by Wunderlich given on Wednesday, November 11. Rodman & Renshaw initiated the stock with “Buy” rating in Monday, August 29 report. As per Tuesday, October 20, the company rating was initiated by Canaccord Genuity. The firm has “Outperform” rating by Northland Capital given on Tuesday, July 28.

Another recent and important Ring Energy, Inc. (NYSEAMERICAN:REI) news was published by Seekingalpha.com which published an article titled: “Ring Energy’s (REI) CEO Kelly Hoffman on Q1 2018 Results – Earnings Call Transcript” on May 09, 2018.

Since January 26, 2018, it had 1 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.

More notable recent General Electric Company (NYSE:GE) news were published by: Bizjournals.com which released: “Reports: GE in talks to sell transportation unit to rail-parts supplier” on May 20, 2018, also Seekingalpha.com with their article: “General Electric: Selling Low?” published on May 17, 2018, Marketwatch.com published: “GE nears $20 billion deal to sell transportation unit to Wabtec: report” on May 21, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Death Could Be Best For Shareholders” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: Finally, It’s Over” with publication date: April 23, 2018.

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 “Neutral” rating given on Wednesday, April 26 by Bank of America. On Wednesday, April 12 the stock rating was maintained by Credit Suisse with “Buy”. The stock has “Hold” rating by DZ Bank on Friday, January 26. The firm has “Hold” rating given on Monday, February 26 by RBC Capital Markets. The rating was maintained by S&P Research with “Buy” on Monday, August 17. The firm earned “Underperform” rating on Tuesday, October 24 by Oppenheimer. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, October 6 report. The firm has “Buy” rating given on Tuesday, June 13 by Stifel Nicolaus. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by S&P Research on Tuesday, October 20. The firm has “Buy” rating given on Monday, October 23 by Citigroup.

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 20.79 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.

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. Fcg Limited Liability Co invested 0.21% in General Electric Company (NYSE:GE). Truenorth Incorporated reported 0.86% in General Electric Company (NYSE:GE). North Star Inv holds 0.5% or 235,726 shares in its portfolio. Hbk Sorce Advisory Ltd reported 158,980 shares. Pecaut & Co accumulated 122,600 shares. Indiana & Investment Management holds 0.62% or 76,904 shares in its portfolio. Colonial Tru Advisors invested in 209,118 shares. Ronna Sue Cohen reported 1.59% of its portfolio in General Electric Company (NYSE:GE). The Connecticut-based Kamunting Street Cap Limited Partnership has invested 0.5% in General Electric Company (NYSE:GE). Broderick Brian C owns 0.52% invested in General Electric Company (NYSE:GE) for 82,177 shares. Strategic Glob Advisors Limited Liability Company reported 0.06% in General Electric Company (NYSE:GE). Cap Intl stated it has 0.15% of its portfolio in General Electric Company (NYSE:GE). 137,422 are held by Cypress Capital. Northside Capital Management has 38,321 shares. Oxbow Ltd Co invested in 0.1% or 30,686 shares.

General Electric Company (NYSE:GE) Institutional Positions Chart

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