Adams Asset Advisors Raised By $6.68 Million Its General Electric (GE) Position; EXCELSIOR MINING ORDINARY SHARES C (EXMGF) Sellers Increased By 10.13% Their Shorts

June 20, 2018 - By Dolores Ford

Excelsior Mining Corp. (OTCMKTS:EXMGF) Logo

Adams Asset Advisors Llc increased General Electric (GE) stake by 1434.27% reported in 2018Q1 SEC filing. Adams Asset Advisors Llc acquired 513,596 shares as General Electric (GE)’s stock declined 0.14%. The Adams Asset Advisors Llc holds 549,405 shares with $7.41M value, up from 35,809 last quarter. General Electric now has $112.78 billion valuation. The stock increased 0.27% or $0.035 during the last trading session, reaching $12.985. About 28.27 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 20, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: ; 16/05/2018 – GENERAL ELECTRIC CO – HAS MORE THAN $200 MLN IN ORDERS BACKLOG WITH POWER PRODUCERS IN MEXICO, RUSSIA AND GERMANY; 09/03/2018 – Channel NewsAsia: Exclusive: GE explores divesting electrical engineering business; 10/04/2018 – Uganda signs agreement with investors to build oil refinery; 04/04/2018 – GE AND EDISON/EDF GROUP SIGN AGREEMENT TO OPTIMIZE POWER PLANT FLEET INFRASTRUCTURE AT ITALY’S CANDELA POWER PLANT; 22/05/2018 – G.E. Spins Off Rail Unit in $11 Billion Deal as Part of Slimming Strategy; 17/04/2018 – Abaco Wins Orders for Next Generation Radar Systems for Deployment on 4th Generation Fighter Aircraft; 17/04/2018 – GE’S JENBACHER UNIT SAID TO ALSO ATTRACT EQT AND KKR; 22/03/2018 – REG-GROUPE EUROTUNNEL SE Eurotunnel and GE Partner to Increase Traffic in Channel Tunnel; 24/05/2018 – RT @CNBCnow: NEW: General Electric doesn’t plan to cut dividend again, sources tell CNBC; 17/04/2018 – NTSB REGULATOR FOCUSING ON A MISSING ENGINE FAN BLADE IN SOUTHWEST FLIGHT TUESDAY – CHAIRMAN

EXCELSIOR MINING CORP ORDINARY SHARES C (OTCMKTS:EXMGF) had an increase of 10.13% in short interest. EXMGF’s SI was 148,900 shares in June as released by FINRA. Its up 10.13% from 135,200 shares previously. With 69,100 avg volume, 2 days are for EXCELSIOR MINING CORP ORDINARY SHARES C (OTCMKTS:EXMGF)’s short sellers to cover EXMGF’s short positions. The SI to EXCELSIOR MINING CORP ORDINARY SHARES C’s float is 0.17%. The stock decreased 0.27% or $0.00268 during the last trading session, reaching $0.98022. About 10,000 shares traded. Excelsior Mining Corp. (OTCMKTS:EXMGF) has 0.00% since June 20, 2017 and is . It has underperformed by 12.57% the S&P500.

Another recent and important Excelsior Mining Corp. (OTCMKTS:EXMGF) news was published by Seekingalpha.com which published an article titled: “Excelsior Mining Is A Rare Commodity” on June 18, 2018.

Excelsior Mining Corp. engages in the acquisition, exploration, and development of mineral properties. The company has market cap of $205.07 million. The firm has interests in the Gunnison Copper Project covering approximately an area of 9,560 acres located in Arizona within the copper porphyry belt; and the Johnson Camp Mine, which consists of 59 patented lode mining claims, 117 unpatented lode mining claims, and fee simple lands. It currently has negative earnings.

Adams Asset Advisors Llc decreased Buckeye Partners LP Unitltd Partnership I (NYSE:BPL) stake by 11,065 shares to 49,534 valued at $1.85 million in 2018Q1. It also reduced Apple Inc (NASDAQ:AAPL) stake by 3,296 shares and now owns 65,014 shares. Enbridge Energy Partnerslp (NYSE:EEP) was reduced too.

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. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Thursday, February 15. Stifel Nicolaus has “Hold” rating and $15.0 target. The firm earned “Hold” rating on Tuesday, January 16 by Vertical Research. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by RBC Capital Markets on Monday, November 30. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 23. The stock has “Focus List” rating by Credit Suisse on Wednesday, September 16. S&P Research maintained General Electric Company (NYSE:GE) on Monday, August 17 with “Buy” rating. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Langenberg on Monday, November 13. The firm has “Sell” rating by Deutsche Bank given on Friday, May 12. The rating was maintained by Stifel Nicolaus on Friday, April 27 with “Hold”. The rating was maintained by CFRA on Wednesday, January 24 with “Hold”.

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: “GE: Dow Removal Not Surprising” published on June 20, 2018, Thestreet.com published: “Why GE’s Stock Has Fallen 15% in the Last 30 Days” on June 17, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Streetinsider.com and their article: “After-Hours Movers 6/19: (SYNA) (WBA) (FDX) Higher; (LZB) (ORL) (GE) Lower (more…)” published on June 19, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric’s Digital Growth Is Impressive” with publication date: June 13, 2018.

Since January 26, 2018, it had 1 buying transaction, and 0 insider sales for $43,446 activity. DIMITRIEF ALEXANDER bought 2,689 shares worth $43,446.

General Electric Company (NYSE:GE) Institutional Positions Chart

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