GE's quarterly revenue falls by 1%

Reuters

The institutional investor owned 2,269,224 shares of the conglomerate's stock after buying an additional 66,243 shares during the period. Wg Shaheen & Dba Whitney & stated it has 1.93% in General Electric Company (NYSE:GE). It dropped, as 64 investors sold PPG shares while 263 reduced holdings.

Loeb Partners Corporation increased General Electric Co (GE) stake by 88.53% reported in 2016Q4 SEC filing. New England Research & Management Inc. raised its position in shares of General Electric Company by 9.9% in the third quarter. Ancora Advisors Limited Company owns 900 shares for 0.01% of their portfolio. Finally, Northwest Quadrant Wealth Management LLC purchased a new stake in General Electric Company during the fourth quarter worth $177,000.

About shares traded. General Electric Company (NYSE:GE) has risen 0.50% since September 13, 2016 and is uptrending. The stock's price moved up its 200-day moving average of $41.12. General Electric Company has a 1-year low of $28.19 and a 1-year high of $33.00. The company has market cap of $1.04 billion.

General Electric Company (NYSE:GE) last posted its quarterly earnings results on Friday, January 20th. The conglomerate reported $0.46 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.46. General Electric Company had a net margin of 6.86% and a return on equity of 15.99%. During the same quarter in the prior year, the business earned $0.52 EPS. For the 2017 fiscal year, the current consensus calls for EPS of $1.63 on revenues of $133.43 billion.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 25th. This represents a $0.96 annualized dividend and a yield of 3.20%.

Some US companies that have left or scaled back in Venezuela
Protesters accuse Maduro of eroding democracy and mismanaging the country's increasingly cash-strapped economy. It's not the first time the Venezuelan government has seized a foreign corporation's facilities.

On 2/12/2016 General Electric Company announced a quarterly dividend of $0.23 3.19% with an ex dividend date of 2/25/2016 which will be payable on 4/25/2016. General Electric Company's payout ratio is presently 106.67%. RBC Capital Markets maintained the shares of GE in report on Thursday, March 23 with "Positive" rating. If you are accessing this report on another domain, it was copied illegally and republished in violation of US & worldwide trademark & copyright laws. The original version of this piece can be accessed at https://transcriptdaily.com/2017/04/20/general-electric-company-ge-stake-raised-by-nwq-investment-management-company-llc.html.

EDE has been the topic of a number of research analyst reports. The stock of General Electric Company (NYSE:GE) earned "Equal-Weight" rating by Morgan Stanley on Thursday, October 6.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Portland General Electric Company (NYSE:POR). S&P Research maintained the shares of GE in report on Monday, August 17 with "Buy" rating. Finally, TD Securities reiterated a "reduce" rating and issued a $18.00 price target on shares of Empire District Electric in a report on Wednesday, December 7th.

Among 20 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 2 Sell and 7 Hold.

08/05/2016 - Portland General Electric Company had its "hold" rating reiterated by analysts at Williams Capital. Curbstone Financial Management Corp now owns 97,360 shares of the conglomerate's stock worth $2,884,000 after buying an additional 750 shares in the last quarter. GE stock has largely trended higher over the years, but over the past 12 months, it looks to have traced out a potentially bearish-looking pattern on the charts. Following the sale, the insider now owns 738,907 shares in the company, valued at approximately $21,842,090.92.

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