Canada Pension Plan Investment Board trimmed its holdings in Baker Hughes A GE Co (NYSE:BHI) by 55.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,810 shares of the oilfield services provider’s stock after selling 22,200 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Baker Hughes A GE were worth $652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of BHI. State of Alaska Department of Revenue lifted its holdings in Baker Hughes A GE by 27.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,354 shares of the oilfield services provider’s stock valued at $455,000 after acquiring an additional 1,800 shares during the last quarter. James Investment Research Inc. acquired a new stake in Baker Hughes A GE in the 2nd quarter valued at about $132,000. Aperio Group LLC lifted its holdings in Baker Hughes A GE by 4.0% in the 2nd quarter. Aperio Group LLC now owns 211,193 shares of the oilfield services provider’s stock valued at $11,512,000 after acquiring an additional 8,209 shares during the last quarter. Huntington National Bank lifted its holdings in Baker Hughes A GE by 22.3% in the 2nd quarter. Huntington National Bank now owns 8,441 shares of the oilfield services provider’s stock valued at $461,000 after acquiring an additional 1,538 shares during the last quarter. Finally, Benson Investment Management Company Inc. lifted its holdings in Baker Hughes A GE by 3.4% in the 2nd quarter. Benson Investment Management Company Inc. now owns 28,025 shares of the oilfield services provider’s stock valued at $1,528,000 after acquiring an additional 920 shares during the last quarter. 91.32% of the stock is owned by institutional investors.

Baker Hughes A GE Co (NYSE:BHI) opened at $57.68 on Tuesday. Baker Hughes A GE Co has a twelve month low of $43.09 and a twelve month high of $68.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.21 and a quick ratio of 3.31.

BHI has been the subject of a number of analyst reports. Barclays PLC initiated coverage on shares of Baker Hughes A GE in a research note on Thursday, August 31st. They set a “buy” rating and a $41.00 price objective for the company. UBS AG initiated 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 objective for the company. Loop Capital reaffirmed a “hold” rating and set a $37.00 price objective on shares of Baker Hughes A GE in a research note on Monday, October 23rd. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $38.00 price objective on shares of Baker Hughes A GE in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $59.00.

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About Baker Hughes A GE

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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