General Electric Co (GE) Market Value Declined While Bellecapital International LTD Lifted Holding by $1.38 Million; As General Mills (GIS) Stock Price Declined, Birmingham Capital Management Co Has Raised Holding

April 16, 2018 - By Hazel Jackson

General Mills, Inc. (NYSE:GIS) Logo

Birmingham Capital Management Co Inc increased its stake in General Mills (GIS) by 148.57% based on its latest 2017Q4 regulatory filing with the SEC. Birmingham Capital Management Co Inc bought 10,400 shares as the company’s stock declined 24.65% with the market. The institutional investor held 17,400 shares of the consumer non-durables company at the end of 2017Q4, valued at $1.03 million, up from 7,000 at the end of the previous reported quarter. Birmingham Capital Management Co Inc who had been investing in General Mills for a number of months, seems to be bullish on the $26.95B market cap company. The stock increased 1.47% or $0.6602 during the last trading session, reaching $45.4602. About 1.71 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 22.93% since April 16, 2017 and is downtrending. It has underperformed by 34.48% the S&P500.

Bellecapital International Ltd increased its stake in General Electric Co (GE) by 105.02% based on its latest 2017Q4 regulatory filing with the SEC. Bellecapital International Ltd bought 80,959 shares as the company’s stock declined 23.20% with the market. The institutional investor held 158,048 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.76 million, up from 77,089 at the end of the previous reported quarter. Bellecapital International Ltd who had been investing in General Electric Co for a number of months, seems to be bullish on the $115.84 billion market cap company. The stock decreased 1.11% or $0.15 during the last trading session, reaching $13.34. About 33.48 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 16, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Bellecapital International Ltd, which manages about $508.69M and $123.71 million US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 9,785 shares to 25,910 shares, valued at $1.75M in 2017Q4, according to the filing.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Monday, October 5. As per Tuesday, November 14, the company rating was maintained by Bank of America. On Monday, November 13 the stock rating was upgraded by Langenberg to “Buy”. The firm has “Hold” rating given on Monday, June 12 by Cowen & Co. On Monday, January 22 the stock rating was downgraded by Bank of America to “Hold”. The firm has “Buy” rating given on Thursday, January 21 by Citigroup. Cowen & Co maintained General Electric Company (NYSE:GE) on Monday, August 7 with “Hold” rating. The company was maintained on Monday, July 17 by Morgan Stanley. On Thursday, October 6 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm earned “Buy” rating on Wednesday, October 14 by S&P Research.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It turned negative, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Of Virginia Va owns 350,566 shares. Evercore Wealth Mgmt Ltd Liability Corp invested in 0.23% or 354,867 shares. Lenox Wealth Mgmt holds 16,774 shares or 0.09% of its portfolio. Seabridge Investment Advsrs invested in 341,855 shares or 1.3% of the stock. Frontier Investment holds 0.06% in General Electric Company (NYSE:GE) or 38,147 shares. Moreover, Sol Capital Mgmt Com has 0.71% invested in General Electric Company (NYSE:GE). Benjamin F Edwards Incorporated holds 0.31% or 169,617 shares. Moreover, Sigma Invest Counselors has 0.04% invested in General Electric Company (NYSE:GE) for 16,404 shares. Massachusetts-based Highfields Cap Mgmt LP has invested 0.31% in General Electric Company (NYSE:GE). Highland Capital Mgmt Ltd Com invested in 574,797 shares. Stoneridge Invest Ptnrs Limited Liability Co has invested 1.29% of its portfolio in General Electric Company (NYSE:GE). Atria Investments Llc owns 240,123 shares. Godshalk Welsh Mgmt has 0.94% invested in General Electric Company (NYSE:GE) for 53,350 shares. Advisor Partners Ltd Co invested in 0.24% or 81,517 shares. Flossbach Von Storch Ag holds 0% in General Electric Company (NYSE:GE) or 14,560 shares.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.05, from 0.84 in 2017Q3. It is positive, as 56 investors sold GIS shares while 388 reduced holdings. 107 funds opened positions while 288 raised stakes. 405.24 million shares or 0.97% more from 401.33 million shares in 2017Q3 were reported. Advantus Inc reported 57,669 shares. Boltwood Capital Mngmt invested in 0.66% or 18,084 shares. Sigma Planning Corporation invested 0.2% in General Mills, Inc. (NYSE:GIS). Leavell Inv Inc invested in 4,620 shares. Advisor Prns Lc reported 11,705 shares stake. Buckingham Asset Mngmt Limited Com has invested 0.07% in General Mills, Inc. (NYSE:GIS). 28,298 were reported by Canandaigua Savings Bank And Tru. Pettyjohn Wood White, Virginia-based fund reported 18,126 shares. Kentucky Retirement Sys Ins Fund holds 0.15% of its portfolio in General Mills, Inc. (NYSE:GIS) for 15,093 shares. Evercore Wealth Mngmt Ltd reported 27,937 shares. Moreover, Chemical Natl Bank has 0.37% invested in General Mills, Inc. (NYSE:GIS). Patten Patten Tn stated it has 9,209 shares or 0.05% of all its holdings. Cooke & Bieler LP has 0.01% invested in General Mills, Inc. (NYSE:GIS) for 5,000 shares. Carret Asset Management Limited Liability Company stated it has 0.07% in General Mills, Inc. (NYSE:GIS). The New Jersey-based Princeton Strategies Grp Inc Ltd Com has invested 0.1% in General Mills, Inc. (NYSE:GIS).

General Electric Company (NYSE:GE) Institutional Positions Chart

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