Artemis Investment Management LLP grew its stake in shares of Baker Hughes A GE Co (NYSE:BHI) by 33.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 292,678 shares of the oilfield services provider’s stock after acquiring an additional 73,765 shares during the period. Artemis Investment Management LLP’s holdings in Baker Hughes A GE were worth $10,721,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BHI. Capital World Investors raised its stake in shares of Baker Hughes A GE by 44.3% during the second quarter. Capital World Investors now owns 33,800,016 shares of the oilfield services provider’s stock valued at $1,842,439,000 after acquiring an additional 10,370,000 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Baker Hughes A GE by 89.1% during the second quarter. Capital Research Global Investors now owns 4,847,202 shares of the oilfield services provider’s stock valued at $264,221,000 after acquiring an additional 2,284,092 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Baker Hughes A GE by 37.5% during the second quarter. Ameriprise Financial Inc. now owns 6,491,326 shares of the oilfield services provider’s stock valued at $353,840,000 after acquiring an additional 1,770,840 shares in the last quarter. Eaton Vance Management bought a new stake in shares of Baker Hughes A GE during the second quarter valued at approximately $63,949,000. Finally, Franklin Resources Inc. raised its stake in shares of Baker Hughes A GE by 4.7% during the second quarter. Franklin Resources Inc. now owns 24,960,495 shares of the oilfield services provider’s stock valued at $1,360,540,000 after acquiring an additional 1,114,027 shares in the last quarter. 91.32% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on BHI. Royal Bank Of Canada reaffirmed a “buy” rating and set a $38.00 price target on shares of Baker Hughes A GE in a research note on Wednesday, October 25th. Loop Capital reaffirmed a “hold” rating and set a $37.00 price target on shares of Baker Hughes A GE in a research note on Monday, October 23rd. UBS AG assumed coverage on shares of Baker Hughes A GE in a research note on Thursday, October 19th. They set a “hold” rating and a $36.00 price target for the company. FBR & Co assumed coverage on shares of Baker Hughes A GE in a report on Monday, July 17th. They set a “mkt perform” rating and a $42.00 price objective on the stock. Finally, Jefferies Group LLC reissued a “hold” rating and set a $67.00 price objective on shares of Baker Hughes A GE in a report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and eight have issued a buy rating to the stock. Baker Hughes A GE has an average rating of “Hold” and an average target price of $59.00.

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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.

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

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