Meritage Group Lp increased its stake in Ellie Mae Inc (ELLI) by 83.42% based on its latest 2018Q1 regulatory filing with the SEC. Meritage Group Lp bought 398,640 shares as the company’s stock rose 12.46% while stock markets declined. The hedge fund held 876,494 shares of the technology company at the end of 2018Q1, valued at $80.59 million, up from 477,854 at the end of the previous reported quarter. Meritage Group Lp who had been investing in Ellie Mae Inc for a number of months, seems to be bullish on the $3.77 billion market cap company. The stock decreased 0.82% or $0.91 during the last trading session, reaching $109.68. About 136,711 shares traded. Ellie Mae, Inc. (NYSE:ELLI) has declined 4.44% since June 22, 2017 and is downtrending. It has underperformed by 17.01% the S&P500. Some Historical ELLI News: 26/04/2018 – ELLIE MAE 1Q REV. $117.9M, EST. $108.8M; 19/04/2018 – Cathleen Schreiner Gates Named One of `20 Women Leaders in Business’ by the Sales Lead Management Association; 16/04/2018 – Ellie Mae Announces New Major Releases of Encompass Digital Mortgage Solution; 19/04/2018 – Cathleen Schreiner Gates Named One of ‘20 Women Leaders in Business’ by the Sales Lead Management Association; 22/03/2018 – J.G. Wentworth Home Lending™ Inducted into 2018 Ellie Mae® Hall of Fame; 19/03/2018 – Ellie Mae Forms Golden Cross: Technicals; 03/05/2018 – Ellie Mae Announces Second Quarter 2018 Investor Conference Participation; 14/03/2018 – Silverline Joins Ellie Mae Pro Consulting Partner Program; 26/04/2018 – ELLIE MAE INC ELLI.N SEES FY 2018 REVENUE $495 MLN TO $505 MLN; 12/03/2018 – Cre8tech Labs, Inc. And Lender Price Announce Integration With Ellie Mae’s Encompass Mortgage Management Solution
Hudock Moyer Wealth Resources Llc increased its stake in General Electric Co Com (GE) by 138.29% based on its latest 2018Q1 regulatory filing with the SEC. Hudock Moyer Wealth Resources Llc bought 60,214 shares as the company’s stock declined 0.14% with the market. The institutional investor held 103,757 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $1.40 million, up from 43,543 at the end of the previous reported quarter. Hudock Moyer Wealth Resources Llc who had been investing in General Electric Co Com for a number of months, seems to be bullish on the $111.87B market cap company. The stock increased 0.94% or $0.12 during the last trading session, reaching $12.88. About 20.29M shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 22, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 24/04/2018 – GE and Wells Fargo face shareholder calls to end KPMG audits; 24/05/2018 – General Electric’s power unit fights for growth as wind, solar gain; 12/03/2018 – GE TO SUPPLY 425MW WIND POWER EQUIPMENT TO TURKEY’S FINA ENERJI; 23/03/2018 – Asian oil, gas producers stepping up activity after long lull; 09/04/2018 – HPE: HEWLETT PACKARD ENTERPRISE SIGNS MOU WITH SAUDI ARABIAN GE; 06/03/2018 – REG-General Electric Capital Corporation FRN Variable Rate Fix; 24/05/2018 – GE chief warns against quick-fix expectations; 23/05/2018 – GE CEO SEES `ROBUST’ EARNINGS GROWTH AT BAKER HUGHES; 22/05/2018 – CNBC Wires: REFILE-EXCLUSIVE-GE seeking to shed troubled insurance business; 20/04/2018 – GE – EXPECT TO SELL THE REMAINDER OF CURRENT & LIGHTING BUSINESS BY THE END OF 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 104 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, July 10. RBC Capital Markets has “Buy” rating and $3500 target. The firm earned “Buy” rating on Wednesday, December 23 by Argus Research. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Standpoint Research on Thursday, June 29. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, July 17 report. The rating was downgraded by Bank of America on Monday, January 22 to “Hold”. Bernstein downgraded the stock to “Market Perform” rating in Monday, April 4 report. Morgan Stanley maintained the shares of GE in report on Tuesday, July 25 with “Equal-Weight” rating. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Tuesday, June 13. Stifel Nicolaus has “Buy” rating and $3300 target. RBC Capital Markets downgraded General Electric Company (NYSE:GE) on Tuesday, November 14 to “Sector Perform” rating. J.P. Morgan maintained the stock with “Sell” rating in Thursday, March 29 report.
Hudock Moyer Wealth Resources Llc, which manages about $480.07 million and $240.85M US Long portfolio, decreased its stake in Vanguard Tax (VEA) by 24,194 shares to 191,708 shares, valued at $8.48M in 2018Q1, according to the filing. It also reduced its holding in Cisco Systems Inc (NASDAQ:CSCO) by 9,585 shares in the quarter, leaving it with 47,589 shares, and cut its stake in Vanguard Index Fds Real Estate Index Fd Etf (VNQ).
Investors sentiment increased to 0.55 in Q1 2018. Its up 0.05, from 0.5 in 2017Q4. It is positive, 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. Sg Americas Securities Limited Liability Corporation has 0.61% invested in General Electric Company (NYSE:GE). First Retail Bank Sioux Falls accumulated 1.6% or 33,653 shares. Patten & Patten Tn owns 364,334 shares or 0.5% of their US portfolio. Pennsylvania Tru Communications, Pennsylvania-based fund reported 615,888 shares. 276,098 are held by Rothschild Invest Il. Commonwealth Financial Bank Of holds 1.14 million shares. Prudential Finance Incorporated reported 10.18 million shares. Burney owns 42,034 shares. First United National Bank & Trust Tru invested 0.1% of its portfolio in General Electric Company (NYSE:GE). Bancorporation Of The Ozarks has invested 0.47% in General Electric Company (NYSE:GE). Highstreet Asset Mngmt owns 142,164 shares. Janney Capital Management Limited, a Pennsylvania-based fund reported 106,529 shares. Numerixs reported 209,628 shares or 0.71% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0.23% of its portfolio in General Electric Company (NYSE:GE). Inv Services Incorporated Wi stated it has 0.7% of its portfolio in General Electric Company (NYSE:GE).
Since January 26, 2018, it had 1 buying transaction, and 0 sales for $43,446 activity.
More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE sticks to plan despite Dow boot” on June 20, 2018, also Seekingalpha.com with their article: “General Electric Vs. Walgreen Outlooks: Why Replaced In The Dow Jones Index?” published on June 21, 2018, Benzinga.com published: “Has General Electric Hit Bottom? Cramer Says No” on June 21, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Digital Growth Is Impressive” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “GE: A Lesson In How Not To Run A Company – Do Not Buy” with publication date: June 21, 2018.
Meritage Group Lp, which manages about $11.61B and $5.74 billion US Long portfolio, decreased its stake in S&P Global Inc by 133,558 shares to 1.00M shares, valued at $191.25 million in 2018Q1, according to the filing. It also reduced its holding in Spdr S&P 500 Etf Tr (Put) (SPY) by 500,000 shares in the quarter, leaving it with 5.80M shares, and cut its stake in Visa Inc (NYSE:V).
Among 19 analysts covering Elli Mae (NYSE:ELLI), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Elli Mae had 60 analyst reports since July 23, 2015 according to SRatingsIntel. TH Capital maintained the shares of ELLI in report on Friday, July 31 with “Buy” rating. On Friday, February 12 the stock rating was maintained by FBR Capital with “Mkt Perform”. The stock of Ellie Mae, Inc. (NYSE:ELLI) has “Outperform” rating given on Friday, April 29 by RBC Capital Markets. Needham maintained Ellie Mae, Inc. (NYSE:ELLI) rating on Friday, October 27. Needham has “Buy” rating and $105.0 target. The firm has “Sell” rating by Compass Point given on Friday, April 27. KeyBanc Capital Markets maintained the shares of ELLI in report on Monday, June 12 with “Buy” rating. As per Friday, July 31, the company rating was maintained by Oppenheimer. Pacific Crest initiated the stock with “Overweight” rating in Tuesday, September 6 report. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 23. The rating was downgraded by J.P. Morgan to “Hold” on Thursday, June 21.
Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.14, from 0.99 in 2017Q4. It fall, as 23 investors sold ELLI shares while 66 reduced holdings. 25 funds opened positions while 51 raised stakes. 37.21 million shares or 1.96% less from 37.95 million shares in 2017Q4 were reported. Harris Assoc LP accumulated 31,675 shares. Kayne Anderson Rudnick Mngmt Limited Liability Corp reported 703,931 shares. M&T Bancshares reported 2,240 shares. Eventide Asset Management Ltd Co invested in 242,000 shares or 1.04% of the stock. 3,812 were reported by Whetstone Capital Advsrs Ltd Limited Liability Company. Pub Employees Retirement Association Of Colorado reported 0% in Ellie Mae, Inc. (NYSE:ELLI). Carroll Finance Assoc accumulated 0% or 66 shares. Northern Tru, a Illinois-based fund reported 466,314 shares. Us State Bank De, Minnesota-based fund reported 23,302 shares. Citigroup Inc holds 0% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI) for 2,558 shares. Moreover, Bancorporation Of Montreal Can has 0% invested in Ellie Mae, Inc. (NYSE:ELLI). Stratos Wealth Partners Ltd stated it has 36 shares. State Board Of Administration Of Florida Retirement Sys has invested 0% in Ellie Mae, Inc. (NYSE:ELLI). Parametric Assocs Ltd Liability Corporation accumulated 26,232 shares. Sg Americas Securities Limited Co owns 2,515 shares.