TCI Wealth Advisors Inc. maintained its position in Baker Hughes A GE Co (NYSE:BHI) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,056 shares of the oilfield services provider’s stock at the close of the 2nd quarter. TCI Wealth Advisors Inc.’s holdings in Baker Hughes A GE were worth $112,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of Baker Hughes A GE by 1,858.5% during the 1st quarter. BlackRock Inc. now owns 32,833,178 shares of the oilfield services provider’s stock worth $1,964,079,000 after buying an additional 31,156,767 shares during the last quarter. ValueAct Holdings L.P. lifted its stake in shares of Baker Hughes A GE by 14.6% during the 1st quarter. ValueAct Holdings L.P. now owns 31,407,820 shares of the oilfield services provider’s stock worth $1,878,816,000 after buying an additional 4,000,000 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Baker Hughes A GE by 3.5% during the 1st quarter. Vanguard Group Inc. now owns 29,075,548 shares of the oilfield services provider’s stock worth $1,739,299,000 after buying an additional 991,070 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Baker Hughes A GE by 4.7% during the 2nd quarter. Franklin Resources Inc. now owns 24,960,495 shares of the oilfield services provider’s stock worth $1,360,540,000 after buying an additional 1,114,027 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Baker Hughes A GE by 37.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,491,326 shares of the oilfield services provider’s stock worth $353,840,000 after buying an additional 1,770,840 shares during the last quarter. Institutional investors own 91.32% of the company’s stock.

Several analysts have weighed in on BHI shares. Royal Bank Of Canada set a $72.00 price objective on shares of Baker Hughes A GE and gave the stock a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research cut shares of Baker Hughes A GE from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. Guggenheim cut shares of Baker Hughes A GE from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 27th. ValuEngine upgraded shares of Baker Hughes A GE from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, HSBC Holdings plc reiterated a “hold” rating and issued a $58.00 price objective (down previously from $60.00) on shares of Baker Hughes A GE in a research note on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $62.27.

Baker Hughes A GE Co (NYSE BHI) traded up 5.82% during midday trading on Friday, reaching $57.68. 4,124,512 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $55.90 and a 200-day moving average of $59.83. Baker Hughes A GE Co has a 12 month low of $43.09 and a 12 month high of $68.59.

TRADEMARK VIOLATION NOTICE: “Baker Hughes A GE Co (BHI) Position Maintained by TCI Wealth Advisors Inc.” was reported by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2017/09/15/baker-hughes-a-ge-co-bhi-position-maintained-by-tci-wealth-advisors-inc.html.

Baker Hughes A GE Company Profile

Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.

Want to see what other hedge funds are holding BHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Baker Hughes A GE Co (NYSE:BHI).

Institutional Ownership by Quarter for Baker Hughes A GE (NYSE:BHI)

Receive News & Ratings for Baker Hughes A GE Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes A GE Co and related companies with MarketBeat.com's FREE daily email newsletter.