General Electric Company (GE) Short Interest Update


General Electric Company (GE) Short Interest Update

General Electric Co. The firm has a market capitalization of $275.79 billion, a PE ratio of 26.806 and a beta of 1.20. The Firm operates through five divisions: Commercial, Live Events, High School Park and Recreation, Transportation, and global. The P/E ratio is now 25.12 and the market value is 2.44B. The Firm offers a range of products, from small scoreboards and electronic displays to video display systems, as well as related control, timing and sound systems.

Mackenzie Financial Corp decreased Portland Gen Elec Co (POR) stake by 37.41% reported in 2017Q2 SEC filing. Guardian Life Insurance Company Of America sold 14,002 shares as General Electric Co (GE)'s stock declined 7.64%. Among active positions in the latest quarter, 796 holders increased their positions by a total of 367.69 million shares, 1,209 holders decreased the positions by a total of 270.68 million shares, and 159 holders held their positions. General Electric Co now has $158.27B valuation. Investors of record on Monday, September 18th were paid a dividend of $0.24 per share.

Among new and sold out positions, 82 holders initiated new positions by a total of 24.11 million shares and 121 holders exited their positions by a total of 24.98 million shares. Bank Of Montreal Can has 0.26% invested in General Electric Company (NYSE:GE) for 10.16 million shares. It has underperformed by 38.95% the S&P500. This represents a decrease of -15% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. Its up 0.10, from 0.81 in 2017Q1.

Several other hedge funds and other institutional investors also recently made changes to their positions in GE. The price index is calculated by dividing the current share price by the share price ten months ago. Peddock Advisors Ltd Liability Com holds 16,141 shares. Vanguard Group Inc. lifted its holdings in shares of General Electric by 0.6% in the second quarter. Boston Advsrs Limited Co holds 0.14% or 129,759 shares in its portfolio. Currently, 1.4% of the company's shares are sold short.

As of the end of the quarter Geode Capital Management, LLC had acquired 7,103 shares growing its holdings by 2.1%. 118,458 were reported by Next Inc. The stock of General Electric Company (NYSE:GE) earned "Hold" rating by Oppenheimer on Monday, June 12. Country Club Co Na holds 2.21% of its portfolio in General Electric Company (NYSE:GE) for 560,075 shares.

General Electric Company (NYSE:GE) gross margin percentage stands at 25% while its operating margin for the past trailing twelve month is 6.8 percent and its overall profit margin (ttm) is 5.7 Percent. General Electric makes up approximately 5.5% of Baker Chad R's portfolio, making the stock its 2nd largest position. Moreover, Magellan Asset Mgmt has 0.01% invested in Portland General Electric Company (NYSE:POR). Culbertson A N & Co Inc has invested 1.43% of its portfolio in General Electric Company (NYSE:GE). This is calculated by taking the earnings per share and dividing it by the last closing share price.

Recent insider trends for General Electric Company (NYSE:GE) have caught the attention of investors. Therefore 40% are positive. More interesting news about General Electric Company (NYSE:GE) were released by: Usnews.com and their article: "General Electric Has a Long Road Ahead" published on November 15, 2017 as well as Seekingalpha.com's news article titled: "General Electric In Capitulation: Time To Buy" with publication date: November 15, 2017. Also, the Hold rating count is 4 as of 11/16/17.

Among 35 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 1 Sell and 17 Hold. General Electric Company (NYSE:GE) has a 20-Day average volume of 117.38 Million. The rating was maintained by JP Morgan on Wednesday, November 1 with "Underweight". On Tuesday, November 14 the stock rating was downgraded by RBC Capital Markets to "Sector Perform". Deutsche Bank maintained Macy's Inc (NYSE:M) on Friday, August 12 with "Hold" rating. Sasco Capital Inc Ct, a Connecticut-based fund reported 3.63 million shares. Cable Hill Partners LLC now owns 4,447 shares of the company's stock valued at $141,000 after buying an additional 19 shares during the last quarter. Fortive Corp was raised too. Godsey & Gibb Associate reported 500,798 shares or 2.37% of all its holdings. Northwestern Mutual Wealth Mgmt Com owns 830,338 shares or 0.18% of their United States portfolio. Schulhoff And Company Incorporated invested in 116,943 shares or 1.93% of the stock. The New York-based Blue Ridge Capital L.L.C. has invested 3.69% in the stock.

Analysts await Daktronics, Inc. They expect $2.00 EPS, up 6.38% or $0.12 from last year's $1.88 per share. After $-0.40 actual EPS reported by Merrimack Pharmaceuticals Inc for the previous quarter, Wall Street now forecasts 25.00% negative EPS growth.

About 75,357 shares traded. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since November 16, 2016 and is uptrending. It has outperformed by 8.11% the S&P500.

Since May 19, 2017, it had 0 buys, and 23 insider sales for $4.06 billion activity.