General Electric Company (NYSE:GE) Analytical Analysis

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"GE is under intense pressure to cut costs and end a stock price decline that has erased almost $80B in value; on the other hand, some of the restructuring moves could suggest to some that the company is in worse shape than previously thought". As of the end of the quarter Nisa Investment Advisors, LLC had disposed of a total of 3,400 shares trimming its stake by 26.6%. Dynamic Capital Mngmt Limited has 70,977 shares for 0.43% of their portfolio.

Portland General Electric Company (PGE), launched on July 25, 1930, is an electric utility that is involved in the wholesale purchase, transmission, distribution and retail sale of electricity in the State of Oregon.

Several other hedge funds and other institutional investors also recently made changes to their positions in POR. Alpha Cubed Investments LLC increased its holdings in shares of General Electric by 8.5% in the second quarter. Over the past month the firm's stock is 36.22%, 33.08% for the last quarter, 21.83% for the past six-months and -66.08% for the previous year. Texas Capital Bancshares Inc. Cullinan Associates Inc. increased its stake in shares of General Electric by 0.8% in the 1st quarter. Boston Advisors LLC now owns 12,755 shares of the company's stock worth $563,000 after buying an additional 5,010 shares during the period. The Florida-based Daniel Devine has invested 1.75% in General Electric Company (NYSE:GE).

COPYRIGHT VIOLATION WARNING: This article was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this story on another publication, it was stolen and reposted in violation of worldwide copyright & trademark laws. Independence Trust CO boosted its position in General Electric by 12.3% during the first quarter.

In other General Electric news, Director James S. Tisch acquired 100,000 shares of the company's stock in a transaction dated Tuesday, August 22nd. Following the acquisition, the chief executive officer now owns 509,430 shares of the company's stock, valued at $13,021,030.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman Elizabeth J. Comstock sold 24,693 shares of the company's stock in a transaction that occurred on Wednesday, August 9th. About 142.07 million shares traded or 178.73% up from the average. Atalanta Sosnoff Capital Ltd Llc has 0.05% invested in General Electric Company (NYSE:GE). The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 21.14 and a beta of 0.28. General Electric Company has a one year low of $22.10 and a one year high of $32.38. The firm has a 50 day moving average price of $24.11 and a 200 day moving average price of $26.55. The value of the company's investment in Portland General Electric Co went from $593,000 to $429,000 decreasing 27.7% since the last quarter. The conglomerate reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.20). More interesting news about General Electric Company (NYSE:GE) were released by: Cnbc.com and their article: "General Electric turns positive, rebounding after huge earnings miss" published on October 20, 2017 as well as Seekingalpha.com's news article titled: "General Electric: How To Play The Dividend Cut Fear" with publication date: October 18, 2017. The business's revenue for the quarter was up 11.5% on a year-over-year basis. A month ago, they told us to expect earnings of US$0.64 per share while three months ago their EPS consensus estimate was US$0.57. Equities analysts forecast that General Electric Company will post $1.53 EPS for the current year.

Portland General Electric Co recently announced a dividend that was paid on Monday the 16th of October 2017. Shareholders of record on Monday, September 18th will be given a dividend of $0.24 per share. The dividend yield was $2.99. The rating was maintained by RBC Capital Markets with "Buy" on Friday, September 15.

Mairs & Power Inc increased General Electric (GE) stake by 1.43% reported in 2017Q2 SEC filing. It fall, as 85 investors sold GE shares while 816 reduced holdings. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Thursday, June 29 by Standpoint Research. Four analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company's stock. Finally, Goldman Sachs Group, Inc. General Electric Company (GE) now trades with a market capitalization of $204.78 Billion. Credit Suisse upgraded the stock to "Outperform" rating in Friday, January 13 report.

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