Cypress Capital Management Has Decreased Its Holding in General Electric Co (GE) by $387,260 as Market Valuation Declined; Motley Fool Wealth Management Has Trimmed Middleby (MIDD) Position by $310,880 as Stock Value Declined

April 20, 2018 - By Marguerite Chambers

The Middleby Corporation (NASDAQ:MIDD) Logo

Cypress Capital Management Llc decreased its stake in General Electric Co (GE) by 14.56% based on its latest 2017Q4 regulatory filing with the SEC. Cypress Capital Management Llc sold 22,780 shares as the company’s stock declined 23.20% with the market. The institutional investor held 133,709 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.33M, down from 156,489 at the end of the previous reported quarter. Cypress Capital Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $127.08 billion market cap company. The stock increased 4.61% or $0.645 during the last trading session, reaching $14.635. About 167.81 million shares traded or 101.18% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since April 20, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Motley Fool Wealth Management Llc decreased its stake in Middleby Corp (MIDD) by 3.39% based on its latest 2017Q4 regulatory filing with the SEC. Motley Fool Wealth Management Llc sold 2,320 shares as the company’s stock declined 7.05% with the market. The institutional investor held 66,204 shares of the industrial machinery and components company at the end of 2017Q4, valued at $8.93 million, down from 68,524 at the end of the previous reported quarter. Motley Fool Wealth Management Llc who had been investing in Middleby Corp for a number of months, seems to be less bullish one the $7.12 billion market cap company. The stock increased 1.30% or $1.64 during the last trading session, reaching $127.85. About 231,936 shares traded. The Middleby Corporation (NASDAQ:MIDD) has declined 9.95% since April 20, 2017 and is downtrending. It has underperformed by 21.50% the S&P500.

Among 9 analysts covering Middleby (NASDAQ:MIDD), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Middleby had 21 analyst reports since November 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by TH Capital on Thursday, November 12. Macquarie Research upgraded the shares of MIDD in report on Wednesday, January 13 to “Outperform” rating. BMO Capital Markets maintained The Middleby Corporation (NASDAQ:MIDD) on Wednesday, November 8 with “Buy” rating. BMO Capital Markets maintained The Middleby Corporation (NASDAQ:MIDD) on Thursday, August 10 with “Buy” rating. On Monday, March 5 the stock rating was maintained by Citigroup with “Neutral”. The stock has “Hold” rating by Deutsche Bank on Friday, November 17. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Buy” rating by BMO Capital Markets on Tuesday, March 6. The firm has “Buy” rating by Roth Capital given on Thursday, November 12. The firm earned “Outperform” rating on Friday, August 11 by Robert W. Baird. The rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Monday, October 16.

Since November 16, 2017, it had 1 buy, and 1 insider sale for $1.06 million activity. Another trade for 2,000 shares valued at $237,000 was made by Ziyad Nassem on Thursday, November 16.

Investors sentiment increased to 0.92 in Q4 2017. Its up 0.12, from 0.8 in 2017Q3. It improved, as 32 investors sold MIDD shares while 114 reduced holdings. 51 funds opened positions while 83 raised stakes. 53.23 million shares or 3.09% more from 51.63 million shares in 2017Q3 were reported. Benjamin F Edwards & reported 100 shares. Bancorp Of America De reported 374,276 shares. Westwood Group holds 0.35% or 343,785 shares. Asset Mgmt One Company, a Japan-based fund reported 86,330 shares. First Personal Fincl reported 0.01% stake. Laurel Grove Capital Ltd owns 27,687 shares. Advsr Asset Mngmt Inc owns 6,246 shares. Mirae Asset Investments reported 2,398 shares. Vantage Ltd holds 0.01% or 250 shares. Weiss Multi accumulated 9,700 shares. Advisory Rech reported 0.01% in The Middleby Corporation (NASDAQ:MIDD). Amundi Pioneer Asset Management has 110,182 shares for 0.02% of their portfolio. Plante Moran Fin Advisors Ltd Com stated it has 264 shares. Eaton Vance Mgmt has invested 0.01% in The Middleby Corporation (NASDAQ:MIDD). Morgan Stanley holds 0% or 40,041 shares in its portfolio.

Motley Fool Wealth Management Llc, which manages about $130.00M and $1.30B US Long portfolio, upped its stake in Genomic Health Inc (NASDAQ:GHDX) by 8,972 shares to 156,919 shares, valued at $5.37 million in 2017Q4, according to the filing. It also increased its holding in Wisdomtree Australia Dividend Fund (AUSE) by 8,662 shares in the quarter, for a total of 167,504 shares, and has risen its stake in Church & Dwight Co Inc (NYSE:CHD).

Analysts await The Middleby Corporation (NASDAQ:MIDD) to report earnings on May, 8. They expect $1.38 EPS, up 9.52% or $0.12 from last year’s $1.26 per share. MIDD’s profit will be $76.88 million for 23.16 P/E if the $1.38 EPS becomes a reality. After $1.48 actual EPS reported by The Middleby Corporation for the previous quarter, Wall Street now forecasts -6.76% negative EPS growth.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It turned negative, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Northwestern Mutual Wealth Mngmt Co accumulated 863,558 shares. Mason Street Advsrs Limited Liability Co owns 1.21M shares. Tirschwell Loewy stated it has 66,317 shares or 0.16% of all its holdings. Clearbridge stated it has 557,070 shares or 0.01% of all its holdings. Sand Hill Advsr Ltd Liability Co has 12,442 shares for 0.02% of their portfolio. Moreover, River Mercantile Asset Llp has 0.25% invested in General Electric Company (NYSE:GE) for 126,790 shares. Argi Inv Serv Limited Liability Co has invested 0.65% in General Electric Company (NYSE:GE). 47,825 were accumulated by Vaughan Nelson Invest Mgmt L P. Portland Glob Advisors Limited Liability Company accumulated 89,788 shares or 0.58% of the stock. Arrowmark Colorado Hldg accumulated 0% or 10,000 shares. Great West Life Assurance Co Can has 0.31% invested in General Electric Company (NYSE:GE). Dearborn Ltd Liability invested in 0.02% or 15,978 shares. 8,133 were accumulated by Mngmt Pro. 115,114 were reported by Pettee Invsts Incorporated. Secor Ltd Partnership invested in 0.18% or 255,644 shares.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by J.P. Morgan on Monday, April 9 with “Sell”. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Tuesday, January 30. Stifel Nicolaus has “Hold” rating and $17 target. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 15 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, February 15. The rating was maintained by Cowen & Co with “Hold” on Wednesday, April 11. The company was maintained on Monday, July 17 by Cowen & Co. The rating was maintained by Bernstein with “Market Perform” on Tuesday, July 26. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, April 3 by Stifel Nicolaus. On Monday, November 13 the stock rating was upgraded by Langenberg to “Buy”. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Citigroup on Thursday, January 25.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity.

Cypress Capital Management Llc, which manages about $611.62M and $520.75 million US Long portfolio, upped its stake in Exxon Mobil Corporation (NYSE:XOM) by 23,025 shares to 127,775 shares, valued at $10.69 million in 2017Q4, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 13,025 shares in the quarter, for a total of 186,354 shares, and has risen its stake in Union Pacific Corp (NYSE:UNP).

General Electric Company (NYSE:GE) Institutional Positions Chart

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