Reviewing the Insider Trends for General Electric Company (GE)

Gladys Abbott
November 15, 2017

Its up 0.10, from 1.28 in 2017Q1.

Several equities research analysts have commented on GE shares. 35 funds opened positions while 96 raised stakes. Arrowgrass Cap Ptnrs (Us) Limited Partnership owns 429,365 shares.

For only the second time since the Great Depression, General Electric is cutting its coveted dividend, with officials saying it will be cut in half. Northern Tru, a Illinois-based fund reported 457,809 shares. Banced holds 1.9% or 37,975 shares in its portfolio. Tci Wealth Advsr reported 44 shares. Kessler Gp Lc has invested 2.87% of its portfolio in General Electric Company (NYSE:GE). Staff levels have already fallen by 11 percent to 295,000 globally as of the end of a year ago. Barber Financial Group Inc. boosted its position in General Electric by 3.1% during the 1st quarter. Malaga Cove Capital Llc, a California-based fund reported 78,087 shares. Nottingham holds 34,215 shares. Gw Henssler Associate Ltd stated it has 12,773 shares or 0.04% of all its holdings. Amg Tru Retail Bank accumulated 0.2% or 101,238 shares. Beach Invest Counsel Pa has invested 0.56% of its portfolio in General Electric Company (NYSE:GE).

Iconic American industrial behemoth General Electric, which has lost investor confidence amid bad investment decisions, is preparing to slice up its empire again, selling major business segments and laying off thousands. The losses come after shares tumbled more than 7% on Monday in response to the company's turnaround plan. The institutional investor held 309,431 shares of the technology company at the end of 2017Q2, valued at $16.68M, up from 299,064 at the end of the previous reported quarter.

In the market the company is trading up since yesterday's close of 48.28.

In related news, Director James S. Tisch acquired 100,000 shares of General Electric stock in a transaction dated Tuesday, August 22nd. About shares traded. Brink's Company (BCO) has risen 110.61% since November 14, 2016 and is uptrending. It has underperformed by 21.16% the S&P500.

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As CNN reports, "GE is one of America's most widely held stocks, and countless shareholders, including retirees, rely on the dividend payments".

GE said Monday it will cut its quarterly dividend to 12 cents from the prior 24 cent payout due to weaker-than-expected cash flows in its power business, pension costs and hefty insurance claims that have hampered dividends from its financial operations.

More notable recent General Electric Company (NYSE:GE) news were published by: Cnbc.com which released: "GE's energy business could soon look very different" on November 13, 2017, also Investorplace.com with their article: "3 Big Stock Charts for Monday: General Electric Company, Advanced Micro ..." published on November 13, 2017, Seekingalpha.com published: "Here Is Your Chance To Play The GE Situation Correctly" on November 14, 2017.

General Electric Company (NYSE:GE) has been given a $22.00 price objective by investment analysts at Stifel Nicolaus in a research report issued to clients and investors on Tuesday. Therefore 44% are positive.

Deutsche Bank believes credit analysts will downgrade General Electric's debt after the investor day's developments. $29.51's average target is 46.67% above currents $20.12 stock price. Portland General Electric had 14 analyst reports since July 28, 2015 according to SRatingsIntel. Wellington Mgmt Grp Inc Ltd Liability Partnership holds 0.33% in General Electric Company (NYSE:GE) or 51.36 million shares. Craig Hallum maintained it with "Buy" rating and $87.0 target in Thursday, November 9 report. The rating was maintained by Barclays Capital on Monday, October 5 with "Overweight". The stock has "Buy" rating by Citigroup on Thursday, January 21.

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