As General Electric Co (GE) Stock Value Declined, Moon Capital Management Has Cut Its Holding; Tuttle Tactical Management Decreased Holding in Microsoft Corp. (MSFT) as Stock Rose

June 18, 2018 - By Louis Casey

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Tuttle Tactical Management Llc decreased its stake in Microsoft Corp. (MSFT) by 19.01% based on its latest 2018Q1 regulatory filing with the SEC. Tuttle Tactical Management Llc sold 3,309 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 14,096 shares of the prepackaged software company at the end of 2018Q1, valued at $1.29M, down from 17,405 at the end of the previous reported quarter. Tuttle Tactical Management Llc who had been investing in Microsoft Corp. for a number of months, seems to be less bullish one the $772.73B market cap company. The stock increased 0.44% or $0.44 during the last trading session, reaching $100.57. About 11.85M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 18, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 06/03/2018 – Quorum is a Proud Sponsor of Canada Night NAD’eh at NADA 2018; 06/03/2018 – Buildium and Tenant Turner Partner on Industry-Best Showings Coordinator Offering; 08/05/2018 – Sage Business Cloud Customers to Benefit from Faster Invoicing with Extended Microsoft Integration; 27/04/2018 – The “Mad Money” host says Microsoft and Intel could rule the world again; 12/04/2018 – BlackRock snags more assets in market rout, boosts profit; 21/05/2018 – Microsoft buys a start-up that wants A.I. to make conversation with humans; 26/04/2018 – MICROSOFT SAYS KEY DRIVERS OF BUSINESS INTACT FOR COMING FY19; 17/05/2018 – Microsoft has unveiled a new Xbox controller with customizable features for disabled gamers; 30/05/2018 – Mapbox to Bring Al-Powered Vision SDK to Microsoft Azure IoT Platform; 20/03/2018 – Wiwynn® Debuts High Density NVMe JBOF with Intel® SSD “Ruler” Form Factor Based on Microsoft’s Project Olympus

Moon Capital Management Llc decreased its stake in General Electric Co (GE) by 32.74% based on its latest 2018Q1 regulatory filing with the SEC. Moon Capital Management Llc sold 9,998 shares as the company’s stock declined 0.14% with the market. The institutional investor held 20,541 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $276.89 million, down from 30,539 at the end of the previous reported quarter. Moon Capital Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $114.43B market cap company. The stock decreased 0.94% or $0.12 during the last trading session, reaching $13.18. About 31.05 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 18, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 20/04/2018 – Hartford Bus: GE earnings major issue before Opening Bell; 20/04/2018 – General Electric is in discussions to sell its rail business to Wabtec, according to multiple reports Friday; 16/04/2018 – GENERAL ELECTRIC CO – DEAL VALUED AT MORE THAN $300 MILLION; 20/04/2018 – GE GE.N SAYS IT MAY ANNOUNCE SALE OF DISTRIBUTED POWER BUSINESS IN MID-2018, SEES STRONG INTEREST; 20/04/2018 – Is GE’s Bounceback for Real? — Barrons.com; 25/05/2018 – GE has a great mix of a whole bunch of portfolio companies,” says CalSTRS CIO Chris Ailman; 10/05/2018 – 4 Charts That Show GE May Have Finally Hit Bottom — Barron’s Blog; 20/04/2018 – GENERAL ELECTRIC CO – QTRLY BHGE ORDERS WERE $5.2 BILLION, UP 102% REPORTED AND DOWN 3% ORGANIC; 25/04/2018 – GE and the U.S. Army conduct T901 Preliminary Design Review for Improved Turbine Engine Program; 26/04/2018 – ENGINE MAKER CFM INTERNATIONAL IS JOINT PROJECT OF GE, SAFRAN

Since January 26, 2018, it had 1 insider buy, and 0 sales for $43,446 activity.

Moon Capital Management Llc, which manages about $166.36M and $85.16 billion US Long portfolio, upped its stake in Group 1 Automotive Inc (NYSE:GPI) by 33 shares to 34,737 shares, valued at $2.27 billion in 2018Q1, according to the filing. It also increased its holding in Liberty Global Plc (NASDAQ:LBTYK) by 1,706 shares in the quarter, for a total of 142,822 shares, and has risen its stake in Mcdonalds Corp (NYSE:MCD).

More notable recent General Electric Company (NYSE:GE) news were published by: Fool.com which released: “Rolls-Royce Jet Engine Flaws Spell Opportunity for GE” on June 15, 2018, also Seekingalpha.com with their article: “GE moves higher after keeping dividend unchanged” published on June 08, 2018, Thestreet.com published: “Why GE’s Stock Has Fallen 9% in the Last 30 Days” on June 17, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Marketwatch.com and their article: “GE’s stock falls 3-straight days to a 2-month low after Fitch downgrade” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric’s Wild Ride” with publication date: May 29, 2018.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It improved, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Financial Bank Of Nova Scotia holds 0.05% or 29,753 shares. Amica Mutual Insur Comm holds 0.34% of its portfolio in General Electric Company (NYSE:GE) for 202,857 shares. Quebec – Canada-based Letko Brosseau & has invested 0.64% in General Electric Company (NYSE:GE). Coastline Trust reported 62,278 shares. Wellington Shields And Company Limited Company owns 99,381 shares. Pinnacle Prtn holds 0.23% or 167,738 shares. Calamos Wealth Mngmt Limited Liability has invested 0.39% in General Electric Company (NYSE:GE). Mariner Limited Liability Corporation has 267,233 shares. 95,571 are held by Duncker Streett Co. Penbrook Mgmt Lc owns 17,890 shares or 0.24% of their US portfolio. Panagora Asset Inc reported 0.02% of its portfolio in General Electric Company (NYSE:GE). Meiji Yasuda Life Insurance invested in 0.23% or 110,481 shares. Timber Creek Capital Mgmt Limited Liability Com invested in 142,950 shares or 1.22% of the stock. Moreover, Wilkins Invest Counsel has 0.42% invested in General Electric Company (NYSE:GE) for 97,428 shares. Wellington Shields Cap holds 237,002 shares.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Monday, October 23 by RBC Capital Markets. The firm earned “Buy” rating on Monday, August 17 by S&P Research. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, June 7. As per Monday, October 5, the company rating was maintained by Barclays Capital. On Tuesday, April 3 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Hold” rating by CFRA given on Monday, May 21. As per Monday, October 23, the company rating was downgraded by UBS. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Monday, April 9 by J.P. Morgan. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by RBC Capital Markets on Monday, January 25. The firm earned “Underweight” rating on Wednesday, November 1 by JP Morgan.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 earnings per share, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48 billion for 19.38 P/E if the $0.17 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Since February 16, 2018, it had 1 insider buy, and 4 selling transactions for $1.39 million activity. On Tuesday, June 5 the insider PETERSON SANDRA E bought $550,606.

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It turned negative, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Axiom Int Invsts Limited Company De invested in 906,133 shares. Regent Investment Ltd Liability Com owns 32,168 shares for 0.99% of their portfolio. Mackenzie invested 0.89% in Microsoft Corporation (NASDAQ:MSFT). Broderick Brian C invested in 52,874 shares. Advsrs Asset has invested 1.38% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Thomaspartners invested 2.92% in Microsoft Corporation (NASDAQ:MSFT). Portland Glob Ltd Co owns 1.69% invested in Microsoft Corporation (NASDAQ:MSFT) for 48,354 shares. Northern Tru stated it has 2.21% in Microsoft Corporation (NASDAQ:MSFT). 1.04M are held by Cannell Peter B Communication. Gw Henssler Assocs holds 142,486 shares or 1.31% of its portfolio. Moreover, Riggs Asset Managment Company has 0.14% invested in Microsoft Corporation (NASDAQ:MSFT) for 3,618 shares. Wagner Bowman Mgmt Corp reported 1.15% in Microsoft Corporation (NASDAQ:MSFT). Connecticut-based Point72 Asset Limited Partnership has invested 0.22% in Microsoft Corporation (NASDAQ:MSFT). Moreover, Grisanti Mgmt Limited Liability Corp has 0.04% invested in Microsoft Corporation (NASDAQ:MSFT) for 953 shares. Amer Money Mgmt Ltd Limited Liability Company has invested 3.81% in Microsoft Corporation (NASDAQ:MSFT).

Tuttle Tactical Management Llc, which manages about $198.63M and $124.01M US Long portfolio, upped its stake in Visa Inc. Class A (NYSE:V) by 8,006 shares to 14,651 shares, valued at $1.75M in 2018Q1, according to the filing. It also increased its holding in Morgan Stanley (NYSE:MS) by 8,705 shares in the quarter, for a total of 22,697 shares, and has risen its stake in Broadcom Ltd.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 EPS, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30 billion for 23.28 P/E if the $1.08 EPS becomes a reality. After $0.95 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

General Electric Company (NYSE:GE) Institutional Positions Chart

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