Published: Tue, October 10, 2017
Finance | By Loren Pratt

Trian's GE Board Member: "Disappointed" in Stock


After having $0.77 EPS previously, Equity Residential's analysts see 2.60% EPS growth. It has underperformed by 26.01% the S&P500.

Steinberg Global Asset Management decreased General Electric Co (GE) stake by 15.23% reported in 2017Q2 SEC filing. The Burns J W & Co Inc holds 247,549 shares with $6.69M value, down from 302,026 last quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,906 shares of the utilities provider's stock valued at $178,000 after acquiring an additional 1,352 shares in the last quarter. The shares price has positioned -11.18% down over the past quarter while it has directed -21.93% toward a falling position throughout past six months. General Electric Company (NYSE:GE) has declined 4.46% since October 9, 2016 and is downtrending. It has underperformed by 13.93% the S&P500.

The Massachusetts-based Howland Capital Management Llc has invested 0.85% in the stock. Its up 0.10, from 1.28 in 2017Q1. It dived, as 85 investors sold GE shares while 816 reduced holdings. 35 funds opened positions while 96 raised stakes. $2.81 million worth of General Electric Company (NYSE:GE) was bought by IMMELT JEFFREY R.

USA industrial conglomerate General Electric Co said on Monday it had elected Ed Garden, the founding partner and chief investment officer of activist investment firm Trian Fund Management, to its board of directors. Grimes & holds 130,285 shares. As per Monday, July 17, the company rating was maintained by Morgan Stanley.

More notable recent General Electric Company (NYSE:GE) news were published by: Money.Cnn.com which released: "First company jets, now General Electric is taking away executives' cars" on October 05, 2017, also Benzinga.com with their article: "General Electric Revisits Low Of Move And Attempts To Rebound" published on October 09, 2017, Seekingalpha.com published: "General Electric's Struggle Quantified" on October 08, 2017. Family Management owns 190,140 shares or 3.53% of their USA portfolio.

West Coast Financial Llc holds 1.21% of its portfolio in Portland General Electric Company for 82,668 shares. (NYSE:TXT). Cranbrook Wealth Llc accumulated 800 shares or 0.02% of the stock. Intll Investors owns 21.42 million shares. Regentatlantic Ltd Limited Liability Company has 0.41% invested in General Electric Company (NYSE:GE). Cornerstone Cap Mngmt Ltd Liability Company holds 0.02% of its portfolio in Textron Inc. General Electric Company (GE) maintained activity of 38.97 million shares that trade hands on average basis while its relative volume is 3.60. The rating was maintained by S&P Research on Wednesday, October 14 with "Buy".


Analysts expect profit this year of $1.54 a share, according to the average of estimates compiled by Bloomberg, less than GE's forecast of at least $1.60. GE's profit will be $4.33 billion for 11.72 P/E if the $0.50 EPS becomes a reality.

Since May 16, 2017, it had 0 buys, and 2 sales for $405,630 activity. Shares for $448,800 were bought by Beattie William G on Monday, May 15. Advisory Serv Networks Ltd holds 0.52% of its portfolio in General Electric Company (NYSE:GE) for 149,057 shares.

General Electric Company (GE) stock was most active stock of Wall Street Market on Monday. Portland General Electric Company has a 1-year low of $40.28 and a 1-year high of $48.22. The rating was maintained by BMO Capital Markets on Thursday, March 23 with "Hold". The firm has "Outperform" rating by Bernstein given on Friday, December 16. The company now has an average rating of "Hold" and a consensus price target of $44.00. The rating was maintained by Deutsche Bank with "Sell" on Monday, September 11. The rating was maintained by SunTrust with "Buy" on Thursday, August 4. As per Thursday, November 10, the company rating was maintained by RBC Capital Markets. The firm has "Overweight" rating by Barclays Capital given on Monday, October 5.

Hub Group, Inc.is an asset-light freight transportation management company. The company has market cap of $10.69 billion. The Firm offers intermodal, truck brokerage and logistics services. It has a 36.92 P/E ratio. It operates through four divisions: Branded Direct, Branded Distributed, OEM and Bulk Materials.

Investors sentiment decreased to 0.84 in 2017 Q2. Scopus Asset Mgmt Limited Partnership owns 200,000 shares. Stuyvesant Cap reported 95,911 shares. Metropolitan Life Insurance Co New York invested in 22,654 shares. Weatherly Asset Mgmt LP stated it has 179,901 shares. Union Bancorp Corp reported 152,694 shares. Redmond Asset Limited Co holds 103,091 shares. Sabal Tru Company reported 1.08 million shares. South Dakota Invest Council invested 0.04% in Textron Inc. Odey Asset Management Group Ltd owns 8.12 million shares or 7.35% of their U.S. portfolio. Louisiana State Employees Retirement stated it has 13,600 shares. Therefore 92% are positive. Peyto Exploration & Development had 46 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Friday, April 1 by Citigroup. (QRVO). The consensus rating is 2.6, suggesting the market has given up on the stock. The rating was maintained by FinnCap with "Hold" on Wednesday, September 9. The rating was maintained by RBC Capital Markets with "Outperform" on Monday, October 19. The company was upgraded on Tuesday, May 30 by Stifel Nicolaus. Global Equities Research maintained Facebook Inc (NASDAQ:FB) rating on Friday, August 28.

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