GENERAL ELECTRIC CO COM (GE) : Community Bank Of Raymore reduced its stake in GENERAL ELECTRIC CO COM by 0.06% during the most recent quarter end. The investment management company now holds a total of 212,242 shares of GENERAL ELECTRIC CO COM which is valued at $6,528,564 after selling 120 shares in GENERAL ELECTRIC CO COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.GENERAL ELECTRIC CO COM makes up approximately 3.24% of Community Bank Of Raymore’s portfolio.
GENERAL ELECTRIC CO COM opened for trading at $30.94 and hit $31.01 on the upside on Wednesday, eventually ending the session at $30.93, with a gain of 0.10% or 0.03 points. The heightened volatility saw the trading volume jump to 2,29,43,908 shares. Company has a market cap of $288,596 M.
Other Hedge Funds, Including , Mercer Capital Advisers reduced its stake in GE by selling 32 shares or 0.14% in the most recent quarter. The Hedge Fund company now holds 23,434 shares of GE which is valued at $720,830. GENERAL ELECTRIC CO COM makes up approx 0.61% of Mercer Capital Advisers’s portfolio.Windsor Financial Group reduced its stake in GE by selling 250 shares or 0.95% in the most recent quarter. The Hedge Fund company now holds 26,179 shares of GE which is valued at $805,266. GENERAL ELECTRIC CO COM makes up approx 0.36% of Windsor Financial Group’s portfolio.Gulf International Bank (uk) Ltd boosted its stake in GE in the latest quarter, The investment management firm added 26,930 additional shares and now holds a total of 2,834,747 shares of GENERAL ELECTRIC CO COM which is valued at $87,196,818. GENERAL ELECTRIC CO COM makes up approx 1.47% of Gulf International Bank (uk) Ltd’s portfolio.Yhb Investment Advisors boosted its stake in GE in the latest quarter, The investment management firm added 142 additional shares and now holds a total of 151,150 shares of GENERAL ELECTRIC CO COM which is valued at $4,649,374. GENERAL ELECTRIC CO COM makes up approx 1.23% of Yhb Investment Advisors’s portfolio.Van Cleef Asset Managementinc reduced its stake in GE by selling 1,082 shares or 0.89% in the most recent quarter. The Hedge Fund company now holds 120,270 shares of GE which is valued at $3,699,505. GENERAL ELECTRIC CO COM makes up approx 1.29% of Van Cleef Asset Managementinc’s portfolio.
On the company’s financial health, GENERAL ELECTRIC CO COM reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 22, 2016. Analyst had a consensus of $0.19. The company had revenue of $27597.00 million for the quarter, compared to analysts expectations of $27966.34 million. The company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.
Many Wall Street Analysts have commented on GENERAL ELECTRIC CO COM. Shares were Reiterated by Stifel on Apr 26, 2016 to “Buy” and Lowered the Price Target to $ 34 from a previous price target of $36 .Company shares were Reiterated by RBC Capital Mkts on Apr 25, 2016 to “Outperform”, Firm has raised the Price Target to $ 35 from a previous price target of $33 .GENERAL ELECTRIC CO COM was Downgraded by Bernstein to ” Mkt Perform” on Apr 4, 2016.
General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines power generation oil and gas production equipment and household appliances to medical imaging business and consumer financing and industrial products. The Company operates its segments through its eight businesses -based on the markets they serve: Power & Water Oil & Gas Energy Management Aviation Healthcare Transportation Appliances and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing Consumer Real Estate Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.