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As General Electric Co (GE) Share Price Declined, River & Mercantile Asset Management Llp Has Upped by $1.42 Million Its Holding; Group One Trading LP Lowered General Electric Co (GE) Stake by $7.89 Million; Share Value Declined

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River & Mercantile Asset Management Llp increased its stake in General Electric Co (GE) by 86.39% based on its latest 2018Q1 regulatory filing with the SEC. River & Mercantile Asset Management Llp bought 109,540 shares as the company’s stock declined 0.14% with the market. The institutional investor held 236,330 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $3.19 million, up from 126,790 at the end of the previous reported quarter. River & Mercantile Asset Management Llp who had been investing in General Electric Co for a number of months, seems to be bullish on the $114.43B market cap company. The stock decreased 0.94% or $0.125 during the last trading session, reaching $13.175. About 47.84 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 18, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 20/04/2018 – GE Poised For Best Day In Three Years After Results — MarketWatch; 23/04/2018 – HFMA Awards GE Healthcare Revenue Cycle Technology with Peer Review Designation for Superior Productivity, Data Accuracy and Va; 04/04/2018 – INDIA’S RAILWAY MINISTRY – LOCOMOTIVES TO BE MANUFACTURED AND SUPPLIED FROM FACTORY SET UP BY CO’S AT MADHEPURA AND MARHOWRA IN BIHAR OVER 11 YEARS; 07/03/2018 – Centerpiece of K.I.E.L. Coastal Power Plant Complete; 17/04/2018 – Abaco Wins Orders for Next Generation Radar Systems for Deployment on 4th Generation Fighter Aircraft; 11/04/2018 – GE SAYS AGREEMENT WITH GREENTECH ENERGY COMPANY IS FOR 21 JENBACHER GAS ENGINES WITH A TOTAL CAPACITY OF 26 MW TO BE DELIVERED BY YEAR-END 2018; 11/04/2018 – GE FRENCH UNIONS CALL FOR NEW EMPLOYMENT AGREEMENT W/ GOVT: AFP; 03/05/2018 – MapAnything and ServiceMax from GE Digital Collaborate to Improve Field Service Response and Delivery Times; 21/05/2018 – Main Street: GE Is Reportedly Looking Into Lowering Its Dividend Again; 27/04/2018 – U.S. State Dept approves possible sale to Bahrain of attack helicopters

Group One Trading Lp decreased its stake in General Electric Co (GE) by 27.14% based on its latest 2018Q1 regulatory filing with the SEC. Group One Trading Lp sold 606,574 shares as the company’s stock declined 0.14% with the market. The institutional investor held 1.63 million shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $21.95 million, down from 2.24M at the end of the previous reported quarter. Group One Trading Lp who had been investing in General Electric Co for a number of months, seems to be less bullish one the $114.43 billion market cap company. The stock decreased 0.94% or $0.125 during the last trading session, reaching $13.175. About 47.84 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 18, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 05/03/2018 – Deals of the day-Mergers and acquisitions; 20/04/2018 – General Electric: Had March Settlement Talks With DOJ on Mortgage Probe; 09/05/2018 – GE RENEWABLE ENERGY AWARDED FIRST WIND DEAL IN CHILE; 17/04/2018 – One dead after engine breaks apart on Southwest flight; 04/04/2018 – GE AND EDISON/EDF GROUP SIGN AGREEMENT TO OPTIMIZE POWER PLANT FLEET INFRASTRUCTURE AT ITALY’S CANDELA POWER PLANT; 20/04/2018 – Southwest challenged engine maker over speed of safety checks; 23/03/2018 – Asian oil, gas producers stepping up activity after long lull; 22/05/2018 – GE POWER INDIA LTD GEPO.NS – MARCH QTR REVENUE FROM OPS 3.66 BLN RUPEES VS 3.32 BLN RUPEES YR AGO; 20/04/2018 – GE’s transportation business is valued at about $7 billion; 20/04/2018 – GE CEO Says in Middle of Three-Year Strategic Planning Process

More notable recent General Electric Company (NYSE:GE) news were published by: Marketwatch.com which released: “GE’s stock falls 3-straight days to a 2-month low after Fitch downgrade” on June 15, 2018, also Seekingalpha.com with their article: “GE moves higher after keeping dividend unchanged” published on June 08, 2018, Thestreet.com published: “Why GE’s Stock Has Fallen 9% in the Last 30 Days” on June 17, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Livetradingnews.com and their article: “General Electric Company (NYSE:GE) Fallen 9% in the Last 30 Days” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “Warren: Your $20/Share GE Lunch Is Served” with publication date: June 13, 2018.

Investors sentiment increased to 0.55 in Q1 2018. Its up 0.05, from 0.5 in 2017Q4. It increased, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Riggs Asset Managment Incorporated has invested 0.03% in General Electric Company (NYSE:GE). 83,100 are held by Point72 Asset Mngmt Ltd Partnership. Finemark Comml Bank And invested in 98,529 shares or 0.08% of the stock. Litman Gregory Asset Mngmt Ltd has 16,545 shares for 0.09% of their portfolio. Bontempo Ohly Capital Limited Liability holds 177,009 shares or 1.9% of its portfolio. Umb Bank N A Mo stated it has 0.07% in General Electric Company (NYSE:GE). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt holds 130,000 shares. Sigma Planning Corporation has 0.22% invested in General Electric Company (NYSE:GE) for 223,666 shares. Renaissance Technologies Lc holds 1.12 million shares or 0.02% of its portfolio. Lucas Management has invested 0.87% in General Electric Company (NYSE:GE). Adams Asset Advsr Llc owns 1.01% invested in General Electric Company (NYSE:GE) for 549,405 shares. Spears Abacus Advsr Ltd reported 867,895 shares or 1.52% of all its holdings. Invest Prtnrs Limited Oh Adv reported 14,874 shares. Sandy Spring Bancorp reported 0.16% of its portfolio in General Electric Company (NYSE:GE). Lincoln Natl reported 156,695 shares or 0.08% of all its holdings.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 earnings per share, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48B for 19.38 P/E if the $0.17 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

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

Group One Trading Lp, which manages about $10.54B US Long portfolio, upped its stake in Franco Nevada Corp (Call) by 12,600 shares to 57,600 shares, valued at $3.94 million in 2018Q1, according to the filing. It also increased its holding in Chesapeake Energy Corp (NYSE:CHK) by 148,356 shares in the quarter, for a total of 378,984 shares, and has risen its stake in Cars Com Inc.

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 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Stifel Nicolaus on Thursday, February 15. On Tuesday, November 14 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. JP Morgan initiated the stock with “Underweight” rating in Thursday, May 12 report. RBC Capital Markets maintained it with “Buy” rating and $31.0 target in Friday, September 15 report. The firm earned “Hold” rating on Tuesday, September 22 by Vetr. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, August 7 by Cowen & Co. J.P. Morgan maintained the stock with “Sell” rating in Thursday, March 29 report. The stock of General Electric Company (NYSE:GE) has “Market Perform” rating given on Monday, April 4 by Bernstein. The rating was maintained by CFRA on Wednesday, January 24 with “Hold”. The company was maintained on Monday, July 17 by Oppenheimer.

River & Mercantile Asset Management Llp, which manages about $4.01B and $856.57M US Long portfolio, decreased its stake in Fang Holdings Ltd by 551,165 shares to 2.63M shares, valued at $13.52M in 2018Q1, according to the filing. It also reduced its holding in Paypal Holdings Inc by 8,097 shares in the quarter, leaving it with 131,473 shares, and cut its stake in Veon Ltd.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It increased, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Toth Fincl Advisory Corp has 0.67% invested in General Electric Company (NYSE:GE). Trian Fund Management Lp holds 9.63% or 70.85M shares. Northstar Advsrs Ltd Liability Co holds 0.07% of its portfolio in General Electric Company (NYSE:GE) for 24,590 shares. Coho Ptnrs Limited reported 18,572 shares stake. Meridian holds 0.24% of its portfolio in General Electric Company (NYSE:GE) for 38,400 shares. Cypress Capital Grp holds 0.33% of its portfolio in General Electric Company (NYSE:GE) for 115,322 shares. Patten Inc invested 0.06% in General Electric Company (NYSE:GE). Mcrae Mngmt holds 0.18% of its portfolio in General Electric Company (NYSE:GE) for 29,148 shares. Meristem Llp has invested 0.44% in General Electric Company (NYSE:GE). Mckinley Carter Wealth Svcs Inc invested 0.04% of its portfolio in General Electric Company (NYSE:GE). Advisor Partners Limited stated it has 0.24% in General Electric Company (NYSE:GE). Gemmer Asset Mngmt accumulated 12,972 shares. Hexavest invested in 4.35M shares or 0.73% of the stock. Aviance Cap Partners Limited Liability holds 0.09% or 21,829 shares. Earnest Prtnrs Ltd Co holds 4,149 shares or 0% of its portfolio.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Either GE Or Its Dividend, And Possibly Both, Are Set To Shrink” on June 12, 2018, also Thestreet.com with their article: “Why GE’s Stock Has Fallen 9% in the Last 30 Days” published on June 17, 2018, Seekingalpha.com published: “JPMorgan: GE needs major capital raise” on June 04, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Businesswire.com and their article: “Mayor Ted Wheeler, City Officials and Intel, AT&T, Current by GE, and PGE celebrate Traffic Safety Sensor Project” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric’s Wild Ride” with publication date: May 29, 2018.

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

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 104 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, July 17. As per Wednesday, December 23, the company rating was maintained by Argus Research. The stock has “Hold” rating by Cowen & Co on Wednesday, April 11. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Citigroup on Thursday, January 25. The firm earned “Buy” rating on Friday, October 14 by UBS. The firm has “Overweight” rating by Barclays Capital given on Monday, October 5. TheStreet downgraded General Electric Company (NYSE:GE) on Wednesday, August 26 to “Buy” rating. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by S&P Research on Monday, August 17. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, April 23. RBC Capital Markets has “Hold” rating and $1500 target. The rating was maintained by Tigress Financial on Thursday, December 28 with “Hold”.

General Electric Company (NYSE:GE) Institutional Positions Chart

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