General Electric Co (GE) Stock Value Declined While Wetherby Asset Management Has Cut Stake by $538,824; Pfizer (PFE) Holder Wms Partners Upped Position

January 19, 2018 - By Kurt Siggers

Wetherby Asset Management Inc decreased its stake in General Electric Co (GE) by 11.24% based on its latest 2017Q3 regulatory filing with the SEC. Wetherby Asset Management Inc sold 22,451 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 177,360 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $4.29M, down from 199,811 at the end of the previous reported quarter. Wetherby Asset Management Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $141.36B market cap company. The stock decreased 2.80% or $0.47 during the last trading session, reaching $16.3. About 192.61 million shares traded or 117.05% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 19, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Wms Partners Llc increased its stake in Pfizer Inc (PFE) by 137.16% based on its latest 2017Q3 regulatory filing with the SEC. Wms Partners Llc bought 34,291 shares as the company’s stock declined 3.45% while stock markets rallied. The hedge fund held 59,291 shares of the health care company at the end of 2017Q3, valued at $2.12M, up from 25,000 at the end of the previous reported quarter. Wms Partners Llc who had been investing in Pfizer Inc for a number of months, seems to be bullish on the $219.95B market cap company. The stock decreased 0.24% or $0.09 during the last trading session, reaching $36.9. About 19.47 million shares traded or 23.56% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 19, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Among 27 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 12 Hold. Therefore 37% are positive. General Electric Company had 82 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by Deutsche Bank on Monday, October 30. Oppenheimer maintained the stock with “Hold” rating in Monday, July 17 report. The rating was downgraded by Oppenheimer on Monday, September 21 to “Perform”. Oppenheimer maintained the shares of GE in report on Monday, July 24 with “Hold” rating. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Friday, December 16 by Bernstein. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, October 2 report. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, October 11 report. William Blair upgraded it to “Outperform” rating and $32 target in Tuesday, October 13 report. Oppenheimer maintained the stock with “Hold” rating in Monday, June 12 report. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Citigroup on Monday, October 23.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It fall, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. 179,049 were reported by Wealthfront Inc. Hyman Charles D has 594,347 shares. Commonwealth Savings Bank Of Australia invested in 0.25% or 1.07 million shares. Inspirion Wealth Advsrs Ltd Liability Co invested in 52,148 shares. Cleararc Cap Incorporated owns 196,219 shares for 0.71% of their portfolio. Greatmark holds 1.08% in General Electric Company (NYSE:GE) or 116,838 shares. Palouse Inc reported 190,591 shares or 1.54% of all its holdings. Shelton Cap stated it has 0.37% of its portfolio in General Electric Company (NYSE:GE). Assetmark accumulated 38,663 shares or 0.01% of the stock. 94,544 were reported by Wendell David Associate Inc. 12,263 were reported by Cap Planning Limited Liability. Joel Isaacson And Com Lc accumulated 0.47% or 106,943 shares. Pettyjohn Wood White invested in 187,439 shares or 1.68% of the stock. Hbk Sorce Advisory Limited Liability Co has invested 0.64% of its portfolio in General Electric Company (NYSE:GE). Hanson Mcclain holds 0.05% of its portfolio in General Electric Company (NYSE:GE) for 25,871 shares.

Since August 8, 2017, it had 2 insider purchases, and 1 sale for $4.48 million activity. Another trade for 24,693 shares valued at $633,375 was made by Comstock Elizabeth J on Wednesday, August 9. TISCH JAMES S also bought $2.46M worth of General Electric Company (NYSE:GE) shares.

Among 21 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. Pfizer had 68 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, July 29 by Argus Research. Jefferies maintained Pfizer Inc. (NYSE:PFE) on Tuesday, January 16 with “Hold” rating. Cowen & Co upgraded Pfizer Inc. (NYSE:PFE) on Tuesday, October 20 to “Outperform” rating. The company was maintained on Thursday, October 26 by Jefferies. Berenberg initiated the shares of PFE in report on Thursday, May 12 with “Hold” rating. Jefferies maintained Pfizer Inc. (NYSE:PFE) on Tuesday, June 14 with “Buy” rating. The stock has “Buy” rating by Jefferies on Thursday, July 14. The rating was maintained by Cowen & Co with “Buy” on Monday, July 10. UBS maintained it with “Buy” rating and $38.0 target in Wednesday, November 1 report. Jefferies maintained Pfizer Inc. (NYSE:PFE) on Monday, June 20 with “Buy” rating.

Wms Partners Llc, which manages about $2.55B and $839.92M US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 2,610 shares to 195,461 shares, valued at $25.41M in 2017Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 4,231 shares in the quarter, leaving it with 511,049 shares, and cut its stake in Spdr S&P 500 Etf Tr (SPY).

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. Great West Life Assurance Co Can holds 0.65% in Pfizer Inc. (NYSE:PFE) or 7.40 million shares. Gofen And Glossberg Limited Liability Corporation Il holds 0.63% or 476,944 shares. Bruce And has invested 3.63% in Pfizer Inc. (NYSE:PFE). Paragon Mgmt Limited has invested 0.6% of its portfolio in Pfizer Inc. (NYSE:PFE). Chem State Bank reported 277,222 shares stake. Sonata Cap Gru accumulated 20,582 shares. Ameritas Prtnrs Inc accumulated 137,645 shares. Moreover, Riggs Asset Managment Company Inc has 0.04% invested in Pfizer Inc. (NYSE:PFE). Glob X Management Lc holds 255,239 shares. Boston Advsrs Limited Liability holds 451,522 shares. Clark Estates stated it has 1.64 million shares. Shelter Insurance Retirement Plan has 1.89% invested in Pfizer Inc. (NYSE:PFE) for 113,900 shares. Mount Vernon Assocs Incorporated Md has invested 1.98% in Pfizer Inc. (NYSE:PFE). 422,225 were accumulated by Heritage Invsts Management. 395,622 are owned by Thompson Siegel & Walmsley Limited Liability Co.

Since August 4, 2017, it had 0 insider purchases, and 10 sales for $16.36 million activity. 8,064 Pfizer Inc. (NYSE:PFE) shares with value of $263,693 were sold by OLSON LAURIE J. $3.30 million worth of Pfizer Inc. (NYSE:PFE) shares were sold by READ IAN C. On Thursday, August 31 DAMELIO FRANK A sold $3.21 million worth of Pfizer Inc. (NYSE:PFE) or 94,409 shares. 7,350 shares were sold by MACKENZIE ALEXANDER R, worth $249,900. $296,560 worth of stock was sold by JOHNSON RADY A on Friday, December 15.

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