New York Reit (NYRT) Holder Real Estate Management Services Increased Its Holding by $805,700; General Electric Company (GE) Shareholder American Money Management Decreased Stake by $305,136 as Stock Declined

January 14, 2018 - By Richard Conner

American Money Management Llc decreased its stake in General Electric Company (GE) by 11.91% based on its latest 2017Q3 regulatory filing with the SEC. American Money Management Llc sold 12,714 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 94,052 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $2.27M, down from 106,766 at the end of the previous reported quarter. American Money Management Llc who had been investing in General Electric Company for a number of months, seems to be less bullish one the $162.69 billion market cap company. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76. About 87.08 million shares traded or 6.24% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 14, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Real Estate Management Services Llc increased its stake in New York Reit (NYRT) by 4.28% based on its latest 2017Q3 regulatory filing with the SEC. Real Estate Management Services Llc bought 115,100 shares as the company’s stock declined 12.85% while stock markets rallied. The institutional investor held 2.81M shares of the consumer services company at the end of 2017Q3, valued at $22.03M, up from 2.69 million at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in New York Reit for a number of months, seems to be bullish on the $703.77 million market cap company. The stock decreased 0.48% or $0.02 during the last trading session, reaching $4.17. About 977,364 shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 9.21% since January 14, 2017 and is downtrending. It has underperformed by 25.91% the S&P500.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.29 earnings per share, down 36.96% or $0.17 from last year’s $0.46 per share. GE’s profit will be $2.51B for 16.17 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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. Morgan Stanley maintained the shares of GE in report on Monday, October 2 with “Equal-Weight” rating. The company was downgraded on Monday, September 21 by Oppenheimer. J.P. Morgan maintained General Electric Company (NYSE:GE) rating on Monday, October 9. J.P. Morgan has “Sell” rating and $20.0 target. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, June 13. The company was initiated on Thursday, January 21 by Citigroup. On Thursday, March 23 the stock rating was maintained by RBC Capital Markets with “Positive”. Cowen & Co maintained General Electric Company (NYSE:GE) on Monday, August 7 with “Hold” rating. The stock of General Electric Company (NYSE:GE) has “Sector Perform” rating given on Tuesday, November 14 by RBC Capital Markets. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Monday, October 19 by RBC Capital Markets. The firm has “Buy” rating by Bank of America given on Tuesday, November 14.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It dropped, 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. First Mercantile Trust holds 0.04% of its portfolio in General Electric Company (NYSE:GE) for 8,600 shares. Princeton Mgmt Inc has 0.19% invested in General Electric Company (NYSE:GE). Jane Street Grp Lc accumulated 5.99 million shares or 0.47% of the stock. Thompson Siegel Walmsley Limited Liability Com reported 336,142 shares or 0.1% of all its holdings. Ipswich Invest Inc reported 134,076 shares or 1.46% of all its holdings. Stonehearth Capital Mgmt Ltd Liability Co reported 76,507 shares. Inverness Counsel Ltd Co reported 0.49% stake. State Of Tennessee Treasury Department holds 3.73 million shares or 0.46% of its portfolio. The Illinois-based Citadel Advsr Limited Company has invested 0.03% in General Electric Company (NYSE:GE). Financial Bank Of America De holds 0.57% or 147.63M shares in its portfolio. Brighton Jones Ltd Liability reported 0.38% in General Electric Company (NYSE:GE). Investment Prtn Oh Adv has 0.84% invested in General Electric Company (NYSE:GE) for 40,445 shares. Merriman Wealth Management Limited Liability stated it has 186,900 shares. Sabal Company stated it has 72,802 shares or 0.18% of all its holdings. Vaughan David Invests Il accumulated 213,604 shares or 1% of the stock.

Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity. 24,693 General Electric Company (NYSE:GE) shares with value of $633,375 were sold by Comstock Elizabeth J. TISCH JAMES S had bought 100,000 shares worth $2.46M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>