Investors sold shares of General Electric Company (NYSE:GE) on strength during trading on Monday. $198.42 million flowed into the stock on the tick-up and $320.72 million flowed out of the stock on the tick-down, for a money net flow of $122.30 million out of the stock. Of all stocks tracked, General Electric had the 3rd highest net out-flow for the day. General Electric traded up $0.59 for the day and closed at $25.14

Several analysts have issued reports on GE shares. UBS Group AG restated a “buy” rating and set a $31.00 price objective (down previously from $35.00) on shares of General Electric in a report on Tuesday, July 25th. Deutsche Bank AG set a $24.00 price objective on General Electric and gave the stock a “sell” rating in a report on Monday, May 29th. Citigroup Inc restated a “buy” rating and set a $34.00 price objective (down previously from $36.00) on shares of General Electric in a report on Monday, July 10th. Vetr downgraded General Electric from a “buy” rating to a “hold” rating and set a $28.47 price objective on the stock. in a report on Thursday, May 11th. Finally, Goldman Sachs Group, Inc. (The) set a $29.00 price objective on General Electric and gave the stock a “neutral” rating in a report on Friday, July 7th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. General Electric presently has a consensus rating of “Hold” and an average price target of $30.08.

The stock has a market capitalization of $217.66 billion, a price-to-earnings ratio of 30.62 and a beta of 1.22. The company’s 50 day moving average is $25.37 and its 200 day moving average is $27.97.

General Electric (NYSE:GE) last announced its earnings results on Friday, July 21st. The conglomerate reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.03. General Electric had a return on equity of 14.59% and a net margin of 6.45%. The business had revenue of $29.56 billion for the quarter, compared to analyst estimates of $29.07 billion. During the same quarter last year, the firm earned $0.51 EPS. General Electric’s revenue for the quarter was down 11.8% compared to the same quarter last year. Equities analysts expect that General Electric Company will post $1.57 earnings per share for the current year.

In related news, Director James E. Rohr purchased 27,425 shares of the stock in a transaction on Monday, July 24th. The shares were purchased at an average price of $25.50 per share, with a total value of $699,337.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James S. Tisch purchased 100,000 shares of the stock in a transaction on Tuesday, August 22nd. The shares were bought at an average cost of $24.56 per share, for a total transaction of $2,456,000.00. The disclosure for this purchase can be found here. In the last three months, insiders purchased 233,253 shares of company stock worth $5,860,264. 0.36% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the business. Ullmann Financial Group Inc. acquired a new position in shares of General Electric during the 1st quarter worth approximately $106,000. Feltz Wealth PLAN Inc. bought a new position in shares of General Electric during the 1st quarter worth approximately $114,000. Ffcm LLC bought a new position in shares of General Electric during the 2nd quarter worth approximately $114,000. PHH Investments Ltd. boosted its stake in shares of General Electric by 105.0% during the 1st quarter. PHH Investments Ltd. now owns 3,905 shares of the conglomerate’s stock worth $116,000 after acquiring an additional 2,000 shares during the period. Finally, Corbenic Partners LLC boosted its stake in shares of General Electric by 15.7% during the 2nd quarter. Corbenic Partners LLC now owns 5,340 shares of the conglomerate’s stock worth $144,000 after acquiring an additional 725 shares during the period. 54.78% of the stock is currently owned by hedge funds and other institutional investors.

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General Electric Company Profile

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