Jones Financial Companies Lllp Upped Its General Elec Co (GE) Holding; ZOOM TELEPHONICS (ZMTP) Sellers Decreased By 35.29% Their Shorts

January 13, 2018 - By Adrian Mccoy

Jones Financial Companies Lllp increased General Elec Co (GE) stake by 16.43% reported in 2017Q3 SEC filing. Jones Financial Companies Lllp acquired 18,841 shares as General Elec Co (GE)’s stock declined 7.64%. The Jones Financial Companies Lllp holds 133,505 shares with $3.23 million value, up from 114,664 last quarter. General Elec Co now has $162.69B valuation. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76. About 87.08 million shares traded or 7.11% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 13, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

ZOOM TELEPHONICS INCORPORATED (OTCMKTS:ZMTP) had a decrease of 35.29% in short interest. ZMTP’s SI was 2,200 shares in January as released by FINRA. Its down 35.29% from 3,400 shares previously. With 36,400 avg volume, 0 days are for ZOOM TELEPHONICS INCORPORATED (OTCMKTS:ZMTP)’s short sellers to cover ZMTP’s short positions. The stock increased 1.86% or $0.04 during the last trading session, reaching $2.19. About 42,289 shares traded or 168.84% up from the average. Zoom Telephonics, Inc. (OTCMKTS:ZMTP) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Zoom Telephonics, Inc. designs, produces, markets, sells, and supports Internet access and other communications-related products in the United States and internationally. The company has market cap of $33.00 million. It provides mobile broadband modems and routers, asymmetrical digital subscriber line modems, dial-up modems, dial-up modems, DSL modems, cable modems, embedded modems, ISDN modems, telephone dialers, wireless and wired networking equipment, phone jacks and AC power adapters, and language-related specifics. It currently has negative earnings. The firm sells its products through retailers and distributors, Internet and telephone service providers, value-added resellers, PC system integrators, and original equipment manufacturers, as well as through a direct sales force and independent sales agents.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. General Electric Company had 81 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, January 25 report. Bank of America upgraded General Electric Company (NYSE:GE) rating on Monday, October 23. Bank of America has “Buy” rating and $27.0 target. The stock has “Perform” rating by Oppenheimer on Monday, September 21. The stock has “Sell” rating by Deutsche Bank on Tuesday, November 21. Morgan Stanley maintained the shares of GE in report on Monday, July 17 with “Equal-Weight” rating. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, November 30. RBC Capital Markets has “Outperform” rating and $34 target. TheStreet upgraded the shares of GE in report on Tuesday, July 21 to “Buy” rating. On Monday, April 4 the stock rating was downgraded by Bernstein to “Market Perform”. The rating was upgraded by Vetr to “Buy” on Wednesday, August 26. The firm has “Neutral” rating by UBS given on Monday, October 23.

Since August 8, 2017, it had 2 buys, and 1 insider sale for $4.48 million activity. TISCH JAMES S also bought $2.46M worth of General Electric Company (NYSE:GE) on Tuesday, August 22. Comstock Elizabeth J sold $633,375 worth of stock. Flannery John Leonard had bought 103,983 shares worth $2.66 million on Tuesday, August 8.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It worsened, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Forte Limited Liability Corp Adv holds 60,110 shares. Moreover, First Bancorp has 0.77% invested in General Electric Company (NYSE:GE) for 188,811 shares. S&Co has invested 1.28% in General Electric Company (NYSE:GE). Meristem Ltd Liability Partnership, Minnesota-based fund reported 88,668 shares. Plante Moran Ltd Liability Company owns 40,194 shares. Amalgamated Commercial Bank has invested 0.76% of its portfolio in General Electric Company (NYSE:GE). Blue Fin Capital Inc reported 0.64% of its portfolio in General Electric Company (NYSE:GE). Edgar Lomax Company Va has invested 0.45% of its portfolio in General Electric Company (NYSE:GE). 77,831 were accumulated by Stadion Money Limited Liability. Amer Ins Communications Tx stated it has 835,375 shares. Evercore Wealth Mgmt Limited Liability Corporation, New York-based fund reported 381,852 shares. Century Companies stated it has 15.38 million shares. Michigan-based Regal Investment Advisors Limited Liability Com has invested 1.06% in General Electric Company (NYSE:GE). Cibc Retail Bank Usa reported 105,233 shares or 0.33% of all its holdings. Obermeyer Wood Investment Counsel Lllp reported 19,978 shares.

Jones Financial Companies Lllp decreased Merck & Co Inc (NYSE:MRK) stake by 17,200 shares to 152,303 valued at $9.75 million in 2017Q3. It also reduced Dominion Energy Inc (NYSE:D) stake by 7,315 shares and now owns 27,859 shares. Spdr S&P Dividend (SDY) was reduced too.

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