Raymond James Financial Services Advisors Inc. lessened its position in shares of Baker Hughes A GE Co (NYSE:BHI) by 27.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,737 shares of the oilfield services provider’s stock after selling 23,221 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Baker Hughes A GE were worth $3,365,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Winslow Evans & Crocker Inc. raised its stake in shares of Baker Hughes A GE by 7.9% during the 2nd 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 raised its stake in Baker Hughes A GE by 0.3% in the 1st quarter. Partners Capital Investment Group Holdings LLC now owns 1,944 shares of the oilfield services provider’s stock valued at $116,000 after purchasing an additional 5 shares during the last quarter. James Investment Research Inc. acquired a new position in Baker Hughes A GE in the 2nd quarter valued at about $132,000. D.A. Davidson & CO. raised its stake in Baker Hughes A GE by 4.0% in the 2nd quarter. D.A. Davidson & CO. now owns 3,011 shares of the oilfield services provider’s stock valued at $164,000 after purchasing an additional 117 shares during the last quarter. Finally, Harfst & Associates Inc. acquired a new position in Baker Hughes A GE in the 1st quarter valued at about $187,000. 91.32% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently weighed in on BHI. Barclays PLC began coverage on shares of Baker Hughes A GE in a research note on Thursday, August 31st. They issued a “buy” rating and a $41.00 target price for the company. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Baker Hughes A GE in a research note on Tuesday, July 18th. Morgan Stanley began coverage on shares of Baker Hughes A GE in a research note on Monday, July 17th. They issued an “overweight” rating and a $60.00 target price for the company. FBR & Co began coverage on shares of Baker Hughes A GE in a research note on Monday, July 17th. They issued a “mkt perform” rating and a $42.00 target price for the company. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $67.00 target price on shares of Baker Hughes A GE in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $62.61.

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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.

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

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