What the Insider Data Suggests About General Electric Company (GE)

Andrew Cummings
October 14, 2017

The Donaldson Capital Management Llc holds 524,872 shares with $20.90M value, up from 404,567 last quarter.

Analysts believe that the company has the potential to earn average revenue of $2.08 Billion for the current quarter. The stock rose 0.39% or $0.09 reaching $23.14 per share. $28.07 was the targeted price for General Electric Company having a 28748867 volume of shares. It has underperformed by 16.70% the S&P500. The company trades on average around 55871000 shares per market session. It has underperformed by 4.60% the S&P500. Adirondack Tru Com reported 70,976 shares. We have $76.69 PT which if reached, will make NASDAQ:SRCL worth $428.40 million more.

Investors sentiment increased to 1.38 in Q2 2017. Its down 0.03, from 0.82 in 2017Q1. It is negative, as 85 investors sold GE shares while 816 reduced holdings.

A number of hedge funds have recently made changes to their positions in GE. Bangor National Bank & Trust has 59,596 shares. Alexandria Ltd Liability Co stated it has 35,092 shares or 0.24% of all its holdings. Looking out over the past year, company shares have been recorded -28.81% off the 52 week high and 0.97% away from the low over the same period. Smith Shellnut Wilson LLC ADV now owns 22,582 shares of the conglomerate's stock valued at $711,000 after buying an additional 160 shares during the last quarter. Brant Point Investment Management Llc bought 17,924 shares as the company's stock 0.00%.

COPYRIGHT VIOLATION WARNING: This news story was first reported by TrueBlueTribune and is owned by of TrueBlueTribune. Fin Professionals holds 0.1% or 8,558 shares. Woodmont Investment Counsel Ltd Liability Co has 175,175 shares for 1.33% of their portfolio. The rating was downgraded by Bank of America on Tuesday, November 22 to "Underperform". Brown Mngmt Ltd Company reported 62,123 shares. Moreover, Windsor Mngmt Limited Liability Corp has 0.51% invested in General Electric Company (NYSE:GE).

3 number of analysts have estimated the sales of the company for the quarter ending Oct 20, 2017, analysts estimated mean sale target of 30900.7 million while high and low sale targets are estimated at 31122 million and 30525 million respectively. Fincl Bank, Missouri-based fund reported 3.40 million shares. It also upped Fortive Corporation stake by 5,470 shares and now owns 71,300 shares. Ishares Tr (IAI) was reduced too. General Electric Company (NYSE:GE) has declined 4.46% since October 12, 2016 and is downtrending. Hartline Inv has 90,390 shares for 0.78% of their portfolio. Analysts forecast EPS of $0.38, exactly $0.00 or 0.00 % from 2014's $0.38 EPS. The conglomerate reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.03. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company.

According to General Electric Company's latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 55.86%. RBC Capital Markets maintained it with "Outperform" rating and $34 target in Monday, November 30 report. RBC Capital Markets maintained the stock with "Buy" rating in Friday, September 15 report. On Monday, July 17 the stock rating was maintained by Cowen & Co with "Hold". The firm has "Buy" rating given on Tuesday, September 19 by Ladenburg. The Company's clients span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure. JP Morgan maintained Portland General Electric Company (NYSE:POR) rating on Thursday, October 12.

Analysts await A Schulman Inc (NASDAQ:SHLM) to report earnings on October, 25. In the latest earnings report the EPS was $0.82 and is projected to be $1.53 for the current year with 8,657,946,000 shares now outstanding. EXK's profit would be $5.08M giving it 15.69 P/E if the $0.04 EPS is correct. After having $0.62 EPS previously, Integer Holdings Corporation's analysts see 32.26% EPS growth. The consensus recommendation provided by covering sell-side analysts is now 2.40. Therefore 33% are positive. El Paso Electric Company has a 12-month low of $42.49 and a 12-month high of $53.95. J P Morgan Chase & Co now has a $20.00 price target on the conglomerate's stock, down from their previous price target of $22.00. XO Group had 5 analyst reports since December 6, 2016 according to SRatingsIntel. The firm has "Underweight" rating given on Monday, January 4 by Barclays Capital. The firm has "Buy" rating by Northcoast given on Friday, August 26. As per Monday, June 6, the company rating was downgraded by Goldman Sachs. The rating was maintained by Stifel Nicolaus on Monday, October 19 with "Buy". The stock now has a consensus rating of "Hold" and an average target price of $28.16. 100,000 shares were bought by IMMELT JEFFREY R, worth $2.81M on Monday, May 15. The Stock has YTD (year to date) performance of -45.16 percent. Oppenheimer maintained General Electric Company (NYSE:GE) on Monday, July 24 with "Hold" rating.

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