The stock of General Electric Company (NYSE:GE) earned "Hold" rating by Stifel Nicolaus on Sunday, December 10. These analysts have also projected a Low Estimate of $0.16/share and a High Estimate of $0.22/share.
The performance of General Electric Company (NYSE:GE), so far this year is at -2.85%. The company had revenue of $28.66 billion during the quarter, compared to analysts' expectations of $27.26 billion.
Shifting gears to the Relative Strength Index, the 14-day RSI is now sitting at 48.69, the 7-day is 40.85, and the 3-day is now at 29.08 for Portland General Electric Company (POR). The company reported the earnings of $0.16/Share in the last quarter where the estimated EPS by analysts was $0.11/share. GE is raking in trailing 12 months revenue which is around 28.66 billion. Cowen & Co maintained the shares of GE in report on Thursday, October 19 with "Hold" rating. JPMorgan Chase reaffirmed a "sell" rating and set a target price on shares of General Electric in a research note on Monday, January 15th. Credit Suisse analysts Reiterated the shares of eBay Inc.to Outperform in a research note they presented on April 20th, 2018 but they now have set a price target of $60, which is an increase from the previous $51. The shares were sold at an average price of $15.00, for a total transaction of $58,245,000.00. TheStreet downgraded General Electric from a "c" rating to a "d+" rating in a research note on Wednesday, January 24th. Vetr raised General Electric from a "buy" rating to a "strong-buy" rating and set a $22.05 price objective for the company in a report on Monday, January 15th. Investors may keep an eye out for when the stock price crosses a particular moving average and then closes on the other side.
The stock price volatility remained at 2.67% in recent month and reaches at 2.06% for the week. A stock with a beta less than 1 is considered less volatile than the market; more than 1 means more volatile. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Hedge funds and other institutional investors own 55.96% of the company's stock. Glovista Investments Llc acquired 31,866 shares as General Electric Co (GE)'s stock declined 23.20%. Raab & Moskowitz Asset Management Llc sold 41,031 shares as the company's stock declined 23.20% with the market. Vantage Invest Advisors Limited Liability Company holds 0.52% in General Electric Company (NYSE:GE) or 129,996 shares. The institutional investor held 45,322 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $791,000, down from 247,680 at the end of the previous reported quarter. 383 grew positions while 151 funds took positions. Papp L Roy And Associates accumulated 0.12% or 34,914 shs.
The Virtu Financial Llc's stake in Direxion Shs Etf Tr was decreased by 153,713 shares to 9,594 shares valued at $492,000 in 2017Q4, according to the filing. Finally, River Road Asset Management LLC bought a new position in General Electric during the 3rd quarter valued at about $56,422,000. Swiss National Bank now owns 32,049,061 shares of the conglomerate's stock worth $774,946,000 after purchasing an additional 171,200 shares during the period. News about a company's financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. The company has a current ratio of 1.87, a quick ratio of 1.59 and a debt-to-equity ratio of 1.72. Since May 14, 2017 GE has declined 54.35% and is downtrending. Also Businesswire.com published the news titled: "Portland General Electric Increases Dividend" on April 25, 2018. Shareholders of record on Monday, February 26th will be issued a $0.12 dividend. After a recent spot-check, the stock has touched $40.78 which represents a change from the recent open of -0.54%. The ex-dividend date of this dividend was Friday, February 23rd.
ILLEGAL ACTIVITY NOTICE: This report was first published by StockNewsTimes and is the property of of StockNewsTimes. CFRA maintained General Electric Company (NYSE:GE) on Wednesday, January 24 with "Hold" rating. It operates through Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Lighting, and Capital segments. The Company's Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services.