General Electric (GE) Given a $16.00 Price Target at UBS

Daniel Fowler
April 2, 2018

Jpmorgan Chase & accumulated 35.67 million shares. T-Mobile US, Inc. (NYSE:TMUS) has declined 6.04% since April 1, 2017 and is downtrending. It has underperformed by 5.08% the S&P500. (GE) by 39.56% based on its latest 2017Q4 regulatory filing with the SEC. Passport Capital Llc sold 132,817 shares as the company's stock declined 3.51% with the market. The hedge fund held 47,946 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $837,000, up from 29,745 at the end of the previous reported quarter. Altavista Wealth Management Inc who had been investing in General Electric Co. for a number of months, seems to be less bullish one the $117.05B market cap company. The stock decreased 1.46% or $0.2 during the last trading session, reaching $13.48. The company had a trading volume of 74,514,308 shares, compared to its average volume of 84,586,248. Beach Investment Management LLC. acquired a new stake in General Electric in the second quarter valued at approximately $5,487,000. It has underperformed by 65.90% the S&P500.

WENDEL INVESTISSEMENT ACT FRANCE EUR (OTCMKTS:WNDLF) had a decrease of 0.42% in short interest. It's down -0.18, from 1.16 in 2017Q3. 81 funds opened positions while 154 raised stakes. Rfg Advisory Gp Ltd Liability holds 19,044 shares. Liberty Mutual Grp Incorporated Asset Management Incorporated reported 61,902 shares. Eastern Natl Bank invested in 210,237 shares or 0.25% of the stock. Northside Cap Mgmt Lc invested in 38,321 shares. (NYSE:MRK). Andra Ap has invested 0.55% in Merck & Co., Inc. Utd Financial Advisers Lc invested in 0.07% or 80,187 shares.

Whitebox Advisors Llc, which manages about $8.40B and $3.55B US Long portfolio, upped its stake in Dell Technologies Inc by 279,886 shares to 941,026 shares, valued at $76.49 million in 2017Q4, according to the filing. 73,109 are held by Bridges Invest Mgmt. Point72 Asia (Hong Kong) has invested 0% of its portfolio in T-Mobile US, Inc.

Bank Of The West increased Ishares Tr (FLOT) stake by 10,359 shares to 235,316 valued at $11.96M in 2017Q4. 1,353 were accumulated by Private Ocean Limited Liability. Btc Cap Mngmt invested in 130,756 shares. (NYSE:MRK). North Star Asset stated it has 0.06% in Merck & Co., Inc.

Among 19 analysts covering Philip Morris International (NYSE:PM), 14 have Buy rating, 0 Sell and 5 Hold. (NYSE:GE) by 7.7% during the second quarter, Holdings Channel reports. They expect $0.75 EPS, up 63.04% or $0.29 from last year's $0.46 per share. After $0.47 actual earnings per share reported by Brown & Brown, Inc. for the previous quarter, Wall Street now forecasts 21.28% EPS growth. Honeywell International Inc. (NYSE:HON) has risen 15.94% since April 1, 2017 and is uptrending. Therefore 82% are positive. Drexel Hamilton maintained the stock with "Buy" rating in Friday, July 14 report. The firm earned "Underweight" rating on Wednesday, November 1 by JP Morgan. The company was maintained on Friday, October 14 by UBS. The stock of Visa Inc. The firm has "Outperform" rating given on Thursday, August 13 by BMO Capital Markets. The stock has "Neutral" rating by Credit Suisse on Monday, April 25. (NYSE:V) rating on Monday, June 6. The rating was downgraded by TheStreet to "Buy" on Wednesday, August 26. The stock presently has a consensus rating of "Hold" and an average target price of $18.27. (NASDAQ:JD) has "Buy" rating given on Thursday, August 6 by TH Capital. Its up 0.10, from 0.96 in 2017Q3. The legal version of this story can be accessed at https://www.thelincolnianonline.com/2018/04/01/general-electric-ge-holdings-reduced-by-gateway-investment-advisers-llc.html.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Stephens Ar invested in 0.32% or 493,153 shares. Ally Finance holds 2.38% or 705,000 shares. Ssi stated it has 19,545 shares.

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Since January 31, 2018, it had 1 buy, and 2 sales for $2.69 million activity. Moreover, Alps Advsrs has 0.33% invested in General Electric Company (NYSE:GE) for 2.71M shares. During the same period in the prior year, the company posted $0.46 EPS. research analysts anticipate that General Electric will post 0.99 earnings per share for the current fiscal year. Inspirion Wealth Ltd Limited Liability Company reported 36,291 shares or 0.31% of all its holdings. Boyd Watterson Asset Management LLC OH lifted its position in shares of General Electric by 7.5% during the fourth quarter. First United State Bank Trust holds 11,596 shares or 0.13% of its portfolio. 10 holds 1.61% or 384,482 shares in its portfolio.

General Electric (NYSE:GE) last posted its earnings results on Wednesday, January 24th. Whitnell And accumulated 40,994 shares.

Glenview State Bank Trust decreased its stake in General Electric Co (GE) by 51.37% based on its latest 2017Q4 regulatory filing with the SEC. They expect $0.12 EPS, down 42.86% or $0.09 from last year's $0.21 per share. After $0.27 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth. (NYSE:MRK). Old Point Financial N A owns 33,749 shares. It also increased its holding in Chevrontexaco Corp. (NYSE:PM) on Tuesday, September 13 with "Neutral" rating.

Since January 26, 2018, it had 1 buy, and 0 insider sales for $43,446 activity. Moreover, Cliftonlarsonallen Wealth Ltd Liability Company has 0.13% invested in General Electric Company (NYSE:GE) for 71,144 shares. Therefore 67% are positive. General Electric has $30 highest and $1100 lowest target. Vertical Research maintained General Electric Company (NYSE:GE) on Tuesday, January 16 with "Hold" rating. On Wednesday, April 20 the stock rating was maintained by Goldman Sachs with "Neutral". Finally, CFO4Life Group LLC grew its holdings in shares of General Electric by 0.9% in the second quarter. On Friday, January 26 the stock rating was downgraded by DZ Bank to "Hold".

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Citigroup has "Buy" rating and $28 target. Credit Suisse maintained it with "Outperform" rating and $34 target in Monday, November 23 report. The stock of General Electric Company (NYSE:GE) earned "Sell" rating by Deutsche Bank on Monday, September 11.

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