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Advisors Capital Management LLC Trims Holdings in General Electric (NYSE:GE)

14 January 2018

Robertson Opportunity Capital Llc bought 4,190 shares as the company's stock rose 10.08% with the market. The institutional investor held 81,790 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $5.11M, down from 91,490 at the end of the previous reported quarter. Bar Harbor Trust Services who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $691.23 billion market cap company. In the last three months, insiders bought 120,500 shares of company stock valued at $2,183,220. With 62.96 million shares average volume, it will take short sellers 2 days to cover their GE's short positions. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 13, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.

Wagner Bowman Management Corp decreased its stake in General Electric (GE) by 16.16% based on its latest 2017Q3 regulatory filing with the SEC. Bar Harbor Trust Services bought 231,339 shares as the company's stock declined 7.64% while stock markets rallied. The institutional investor held 688,158 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $16.64 million, down from 737,143 at the end of the previous reported quarter. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76. The firm owned 136,259 shares of the conglomerate's stock after selling 7,372 shares during the period.

General Electric (NYSE:GE) last announced its quarterly earnings data on Friday, October 20th. It has underperformed by 21.16% the S&P500.

Since August 8, 2017, it had 2 insider purchases, and 1 insider sale for $4.48 million activity. Wetherby Asset Management owns 13,664 shares or 0.08% of their USA portfolio. $686,759 worth of Equinix, Inc. $92,486 worth of Equinix, Inc. Comstock Elizabeth J sold 24,693 shares worth $633,375.

Jane Street Group Llc, which manages about $30.93B US Long portfolio, decreased its stake in Workday Inc (Call) (NYSE:WDAY) by 9,400 shares to 13,800 shares, valued at $1.45M in 2017Q3, according to the filing. Finally, Tuttle Tactical Management LLC bought a new stake in shares of General Electric during the 2nd quarter valued at about $209,000.

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Investors sentiment increased to 1.02 in Q3 2017. Its down 0.20, from 1.38 in 2017Q2. Kanawha Lc invested in 397,888 shares. Proffitt Goodson, a Tennessee-based fund reported 43,529 shares. Anson Funds Management LP holds 159,787 shares. Wealthfront Inc has invested 0.03% in The Allstate Corporation (NYSE:ALL). (NASDAQ:REIT) or 4,784 shares. Hsbc Public Llc has invested 0% in SeaWorld Entertainment, Inc. Cleararc has invested 0.1% in Rockwell Automation Inc. (NASDAQ:REIT) for 18,031 shares. Korea Investment reported 0.61% stake. New England Private Wealth Advisors Ltd Liability Company has invested 0.39% in General Electric Company (NYSE:GE). Wealthtrust holds 0.72% or 7,962 shares. They expect $1.63 earnings per share, down 24.88% or $0.54 from last year's $2.17 per share. (NASDAQ:REIT). New Mexico Educational Retirement Board invested 0.38% in Equinix, Inc. Grandfield And Dodd Ltd Llc accumulated 163,006 shares. 55 are held by Rockefeller Finance Svcs. The conglomerate reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.20). Cutter Brokerage invested 0.18% in CRH plc (LON:CRH).

Among 40 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 11 have Buy rating, 6 Sell and 23 Hold. Therefore 71% are positive. Whiting Petroleum Corporation had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, May 11 by Janney Capital. The rating was upgraded by Morgan Stanley to "Overweight" on Wednesday, November 2. Credit Suisse maintained Rockwell Automation Inc. The rating was maintained by Deutsche Bank on Monday, October 30 with "Sell". The company was maintained on Thursday, October 19 by Cowen & Co. Arrowstreet Capital Limited Partnership now owns 14,632,325 shares of the conglomerate's stock worth $395,219,000 after buying an additional 13,315,605 shares during the last quarter. The firm has "Underperform" rating given on Wednesday, September 9 by Sterne Agee CRT. The rating was maintained by KeyBanc Capital Markets on Thursday, December 14 with "Buy". The firm earned "Market Perform" rating on Tuesday, August 25 by Cowen & Co.

Investors of record on Tuesday, December 27th will be paid a $0.24 dividend. Its down 0.10, from 0.79 in 2017Q2. It worsened, as 112 investors sold GE shares while 818 reduced holdings. 10 funds opened positions while 35 raised stakes.

General Electric (NYSE:GE) last issued its earnings results on Friday, October 20th. Westwood Hldgs Group invested 0% of its portfolio in General Electric Company (NYSE:GE). Park Oh holds 0.08% or 15,274 shares in its portfolio. The New Jersey-based Bessemer Group Inc has invested 0.01% in Portland General Electric Company (NYSE:POR). Charter Trust holds 1.08 million shares. Ancora Advsrs Lc invested in 194,147 shares. Trian Fund Mngmt Limited Partnership has invested 13.19% in General Electric Company (NYSE:GE). Avalon Advisors Ltd Limited Liability Company invested in 0.02% or 15,900 shares. Financial Management Professionals Inc. now owns 8,721 shares of the company's stock worth $274,000 after buying an additional 46 shares in the last quarter. Liberty Cap Inc invested in 27,173 shares. Trust Of Toledo Na Oh holds 0.8% in General Electric Company (NYSE:GE) or 130,523 shares. Mechanics Bancorporation Tru Department invested 0.75% in General Electric Company (NYSE:GE). GE's profit will be $2.51 billion for 16.17 P/E if the $0.29 EPS becomes a reality. Boltwood Cap stated it has 1.08% of its portfolio in General Electric Company (NYSE:GE). Another trade for 103,983 shares valued at $2.66M was made by Flannery John Leonard on Tuesday, August 8. Therefore 44% are positive. Altria Group Inc. had 55 analyst reports since July 31, 2015 according to SRatingsIntel. Bank of America downgraded the stock to "Hold" rating in Tuesday, October 24 report. The stock has "Neutral" rating by Wedbush on Monday, June 27. The stock of Whiting Petroleum Corporation (NYSE:WLL) has "Outperform" rating given on Friday, March 11 by Iberia Capital Partners. As per Friday, April 21, the company rating was maintained by Barclays Capital. The firm has "Hold" rating by Standpoint Research given on Thursday, June 29. The stock of General Electric Company (NYSE:GE) earned "Overweight" rating by Barclays Capital on Monday, October 5. Deutsche Bank set a $21.00 price target on General Electric and gave the stock a "sell" rating in a research report on Monday, October 23rd.