Cheviot Value Management Has Trimmed Its General Electric Company (GE) Holding; ZELTIQ Aesthetics, Inc. (ZLTQ) Had 3 Bullish Analysts

June 23, 2018 - By Adrian Erickson

General Electric Company (NYSE:GE) Logo

Cheviot Value Management Llc decreased General Electric Company (GE) stake by 17.6% reported in 2018Q1 SEC filing. Cheviot Value Management Llc sold 25,341 shares as General Electric Company (GE)’s stock declined 0.14%. The Cheviot Value Management Llc holds 118,651 shares with $1.60M value, down from 143,992 last quarter. General Electric Company now has $113.34B valuation. The stock increased 2.27% or $0.29 during the last trading session, reaching $13.05. About 74.12M shares traded or 8.91% up from the average. General Electric Company (NYSE:GE) has declined 46.78% since June 23, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 30/05/2018 – General Electric Company Reports 10.9 % Stake In Wabtec; 12/03/2018 – GE RENEWABLE ENERGY – THE POTENTIAL 8 WIND FARMS TO BE SET UP IN TURKEY WITH FINA ENERJI ARE INTENDED TO START COMMERCIAL OPS IN 2019 /2020; 04/04/2018 – GENERAL ELECTRIC: GE & EDISON/EDF GROUP SIGN MILESTONE PACT TO; 20/04/2018 – GE reported first-quarter earnings which exceeded expectations, while revenue fell short; 22/03/2018 – 91SL: GE CAPITAL EUROPEAN FUNDING: FRN Variable Rate Fix; 20/04/2018 – FEDERAL AVIATION ADMINISTRATION ANNOUNCES EMERGENCY DIRECTIVE MANDATING NEW INSPECTIONS FOR SOME 350 U.S. CFM56-7B ENGINES WITHIN 20 DAYS — STATEMENT; 20/04/2018 – GE’s transportation business is valued at about $7 billion; 13/04/2018 – Global Gas Analyzer Market Forecast to 2023 with ABB Group, Emerson Electric, General Electric, Figaro Engineering, and Thermo Fishers Scientific Dominating – ResearchAndMarkets.com; 22/03/2018 – GE Selects UnitedLex to Optimize the Delivery of Global Legal Services; 14/05/2018 – RENAISSANCE TECHNOLOGIES REDUCED XOM, GE, WMT, NTES, BDX IN 1Q

Among 9 analysts covering Zeltiq Aesthetics (NASDAQ:ZLTQ), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Zeltiq Aesthetics had 20 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Thursday, November 10 by Canaccord Genuity. The company was downgraded on Monday, February 13 by Piper Jaffray. Canaccord Genuity downgraded the stock to “Hold” rating in Tuesday, February 14 report. On Wednesday, October 28 the stock rating was maintained by Maxim Group with “Buy”. The stock of ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) has “Hold” rating given on Tuesday, February 14 by Aegis Capital. The stock of ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) earned “Buy” rating by Stifel Nicolaus on Wednesday, September 21. The rating was maintained by JP Morgan with “Neutral” on Tuesday, August 9. The rating was upgraded by Griffin Securities on Friday, January 22 to “Buy”. The stock of ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) earned “Buy” rating by Brean Capital on Wednesday, April 13. Aegis Capital initiated it with “Buy” rating and $51 target in Wednesday, December 7 report. See ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) latest ratings:

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. Bath Savings has invested 0.14% in General Electric Company (NYSE:GE). Berson & Corrado Invest Limited Liability Com invested 0.15% in General Electric Company (NYSE:GE). Hollencrest Management has invested 0.25% in General Electric Company (NYSE:GE). Aviance Mngmt Limited Company invested in 14,075 shares. Weik Capital Mgmt stated it has 22,775 shares or 0.15% of all its holdings. Farmers Tru Company stated it has 207,834 shares or 0.85% of all its holdings. Taurus Asset Management Lc owns 218,108 shares. Gm Advisory Grp Inc Inc Inc stated it has 19,223 shares. Moreover, Hanson Doremus Inv Mgmt has 0.92% invested in General Electric Company (NYSE:GE). Tru Com Of Oklahoma holds 80,894 shares or 0% of its portfolio. Plante Moran Fincl Ltd Liability reported 0.19% in General Electric Company (NYSE:GE). Research Mgmt reported 68,029 shares stake. Noesis Mangement holds 0.17% or 33,777 shares in its portfolio. Caxton Limited Partnership reported 0.04% in General Electric Company (NYSE:GE). Edge Wealth Lc holds 4,055 shares.

Since January 26, 2018, it had 1 insider purchase, and 0 selling transactions for $43,446 activity. DIMITRIEF ALEXANDER also bought $43,446 worth of General Electric Company (NYSE:GE) shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 EPS, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48B for 19.19 P/E if the $0.17 EPS becomes a reality. After $0.16 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Goldman: GE should suspend dividend for 18 months” on June 22, 2018, also Benzinga.com with their article: “What DJIA Changes Mean For GE, Walgreens Investors” published on June 22, 2018, Finance.Yahoo.com published: “General Electric (GE) Secures Order for 50 New Locomotives” on June 23, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE sticks to plan despite Dow boot” published on June 20, 2018 as well as Thestreet.com‘s news article titled: “Why GE’s Stock Has Fallen 15% in the Last 30 Days” with publication date: June 17, 2018.

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 company was downgraded on Tuesday, October 24 by Oppenheimer. The rating was upgraded by William Blair to “Outperform” on Tuesday, October 13. The firm has “Buy” rating given on Monday, October 23 by Bank of America. The stock of General Electric Company (NYSE:GE) has “Equal-Weight” rating given on Thursday, October 6 by Morgan Stanley. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 23. On Monday, November 13 the stock rating was upgraded by Langenberg to “Buy”. The firm has “Buy” rating by Bank of America given on Tuesday, November 14. J.P. Morgan maintained the stock with “Sell” rating in Monday, October 9 report. The firm has “Hold” rating by Vetr given on Tuesday, September 22. The rating was maintained by J.P. Morgan with “Sell” on Wednesday, May 30.

General Electric Company (NYSE:GE) Institutional Positions Chart

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