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General Electric (GE) Receives "Underweight" Rating from JPMorgan Chase

06 April 2018

Alphaone Investment Services Llc who had been investing in Flushing Finl Corp for a number of months, seems to be bullish on the $776.22 million market cap company. Horizon Investments LLC now owns 7,832 shares of the company's stock valued at $247,000 after buying an additional 36 shares in the last quarter. Palouse Capital Management Inc. grew its holdings in General Electric by 5.4% during the third quarter. The stock decreased 0.34% or $0.15 during the last trading session, reaching $45.22. 57,156,389 shares of the company traded hands, compared to its average volume of 92,413,086. General Mills, Inc. (NYSE:GIS) has declined 22.93% since April 5, 2017 and is downtrending. It has underperformed by 3.76% the S&P500.

Diversified Investment Strategies Llc increased its stake in General Electric Co (GE) by 34.66% based on its latest 2017Q4 regulatory filing with the SEC. Callahan Advisors Llc sold 131,822 shares as the company's stock declined 23.20% with the market. Howland Cap Limited Liability Company reported 1.08M shares. Whitnell & Co who had been investing in General Electric Co for a number of months, seems to be less bullish one the $116.39B market cap company. BlackRock Inc. now owns 517,315,514 shares of the conglomerate's stock worth $13,972,691,000 after acquiring an additional 19,422,516 shares during the last quarter.

Gateway Advisory Llc, which manages about $271.34M and $361.18M US Long portfolio, upped its stake in Schwab Strategic Tr (SCHB) by 5,078 shares to 99,510 shares, valued at $6.42M in 2017Q4, according to the filing.

General Electric (NYSE:GE) last announced its quarterly earnings data on Wednesday, January 24th. It has underperformed by 65.90% the S&P500. Sold All: 3 Reduced: 1 Increased: 6 New Position: 0. Therefore 29% are positive. The stock of General Electric Company (NYSE:GE) has "Buy" rating given on Monday, August 17 by S&P Research. As per Monday, January 25, the company rating was maintained by RBC Capital Markets. The stock of Flushing Financial Corporation (NASDAQ:FFIC) earned "Neutral" rating by Piper Jaffray on Thursday, October 29. On Wednesday, October 11 RBC Capital Markets maintained the shares of GE in report with "Buy" rating. The rating was maintained by JP Morgan on Monday, February 12 with "Underweight". RBC Capital Markets downgraded General Electric Company (NYSE:GE) on Tuesday, November 14 to "Sector Perform" rating. Citigroup set a $23.00 target price on General Electric and gave the stock a "buy" rating in a research note on Monday, February 26th. On Friday, January 26 the firm earned "Hold" rating by DZ Bank.

Glovista Investments Llc, which manages about $940.85 million and $501.89M US Long portfolio, decreased its stake in Ishares Inc by 409,831 shares to 786,410 shares, valued at $28.48M in 2017Q4, according to the filing.

Investors sentiment increased to 0.89 in Q4 2017. It's up 0.93, from 0.57 in 2017Q3. It improved, as 74 investors sold PM shares while 467 reduced holdings. Barrow Hanley Mewhinney & Strauss LLC raised its stake in General Electric by 4,215.4% during the 3rd quarter. Moreover, Hengehold Capital Lc has 0.13% invested in General Electric Company (NYSE:GE) for 27,292 shares. Corporate insiders own 1.12% of the company's stock.

On 12/8/2017 GE - General Electric announced a quarterly dividend of $0.12 2.72% with an ex dividend date of 12/26/2017 which will be payable on 1/25/2018. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth. Cramer Rosenthal Mcglynn Ltd Liability holds 8,246 shares. First Quadrant Ltd Partnership Ca invested in 3,265 shares. The institutional investor held 42,483 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $741,000, up from 10,617 at the end of the previous reported quarter. 194,728 were reported by Jacobs And Company Ca. Credit Suisse Ag accumulated 20.53M shares or 0.32% of the stock. (NYSE:PM). Baystate Wealth Mngmt Lc holds 0.03% or 1,683 shares in its portfolio.

Since October 3, 2017, it had 0 insider buys, and 39 insider sales for $1.17 billion activity. About 5.15 million shares traded. On Thursday, March 15 Sandberg Sheryl sold $10.07 million worth of Facebook, Inc. FIRESTONE MARC S had sold 13,650 shares worth $1.43M. 35 are the (NYSE:GE)'s ratings reports on April 6, 2018 according to StockzIntelligence Inc.

Investors sentiment increased to 0.75 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It is positive, as 63 investors sold WFC shares while 746 reduced holdings. 11 funds opened positions while 29 raised stakes. Seaward Mngmt Partnership reported 0.65% stake. At State Bank stated it has 96,385 shares. Pillar Pacific Capital Management Ltd Liability, California-based fund reported 26,268 shares. Cutter & CO Brokerage Inc. now owns 20,620 shares of the conglomerate's stock worth $557,000 after buying an additional 67 shares during the period. Ameritas Inv Ptnrs Inc invested in 2,270 shares or 0% of the stock. Invesco owns 0% invested in Flushing Financial Corporation (NASDAQ:FFIC) for 43,231 shares. (NASDAQ:FB) for 184,861 shares. Investors of record on Monday, February 26th will be issued a $0.12 dividend. Tnb Fincl stated it has 360,077 shares or 1.18% of all its holdings. Moreover, Hilltop Hldgs has 0.18% invested in General Mills, Inc. (NASDAQ:FB). Bbva Compass Savings Bank Inc holds 1.53% or 136,633 shares in its portfolio. Rosenbaum Jay D accumulated 13,075 shares.