UBS Asset Management Americas Inc. lowered its stake in shares of Baker Hughes A GE Co (NYSE:BHI) by 3.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,263,132 shares of the oilfield services provider’s stock after selling 42,108 shares during the period. UBS Asset Management Americas Inc.’s holdings in Baker Hughes A GE were worth $68,853,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of BHI. Winslow Evans & Crocker Inc. boosted its holdings in Baker Hughes A GE by 7.9% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,880 shares of the oilfield services provider’s stock worth $103,000 after buying an additional 138 shares during the last quarter. Partners Capital Investment Group Holdings LLC boosted its holdings in Baker Hughes A GE by 0.3% during the first quarter. Partners Capital Investment Group Holdings LLC now owns 1,944 shares of the oilfield services provider’s stock worth $116,000 after buying an additional 5 shares during the last quarter. TrimTabs Asset Management LLC boosted its holdings in Baker Hughes A GE by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 2,121 shares of the oilfield services provider’s stock worth $127,000 after buying an additional 1,000 shares during the last quarter. James Investment Research Inc. bought a new position in Baker Hughes A GE during the second quarter worth about $132,000. Finally, Bronfman E.L. Rothschild L.P. boosted its holdings in Baker Hughes A GE by 22.6% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,989 shares of the oilfield services provider’s stock worth $179,000 after buying an additional 551 shares during the last quarter. Hedge funds and other institutional investors own 91.32% of the company’s stock.

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BHI has been the topic of a number of recent analyst reports. Barclays PLC restated a “buy” rating on shares of Baker Hughes A GE in a report on Thursday, June 22nd. Royal Bank Of Canada restated a “buy” rating and set a $72.00 target price on shares of Baker Hughes A GE in a report on Friday, May 26th. Tudor Pickering cut Baker Hughes A GE from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. ValuEngine upgraded Baker Hughes A GE from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Jefferies Group LLC set a $67.00 price target on Baker Hughes A GE and gave the stock a “hold” rating in a research report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and thirteen have issued a buy rating to the company. Baker Hughes A GE currently has an average rating of “Hold” and a consensus price target of $62.27.

Baker Hughes A GE Co (NYSE:BHI) opened at 57.68 on Friday. Baker Hughes A GE Co has a 1-year low of $43.09 and a 1-year high of $68.59. The firm has a 50-day moving average price of $55.90 and a 200-day moving average price of $59.83.

Baker Hughes A GE 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.

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

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