Visa (VGR) Shares Declined While South Street Advisors Has Raised Its Stake; General Electric Co (GE) Holder Brown Advisory Securities Has Trimmed Its Stake by $592,807

May 24, 2018 - By Adrian Mccoy

General Electric Company (NYSE:GE) Logo

Brown Advisory Securities Llc decreased its stake in General Electric Co (GE) by 17.27% based on its latest 2017Q4 regulatory filing with the SEC. Brown Advisory Securities Llc sold 34,871 shares as the company’s stock declined 23.20% with the market. The institutional investor held 167,103 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.91 million, down from 201,974 at the end of the previous reported quarter. Brown Advisory Securities Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $126.59 billion market cap company. The stock increased 2.79% or $0.395 during the last trading session, reaching $14.575. About 94.52M shares traded or 30.19% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since May 24, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

South Street Advisors Llc increased its stake in Visa Inc (VGR) by 7.75% based on its latest 2017Q4 regulatory filing with the SEC. South Street Advisors Llc bought 4,870 shares as the company’s stock declined 9.62% with the market. The institutional investor held 67,725 shares of the farming and seeds and milling company at the end of 2017Q4, valued at $7.72 million, up from 62,855 at the end of the previous reported quarter. South Street Advisors Llc who had been investing in Visa Inc for a number of months, seems to be bullish on the $2.59B market cap company. The stock increased 0.73% or $0.14 during the last trading session, reaching $19.29. About 327,921 shares traded. Vector Group Ltd. (NYSE:VGR) has risen 5.73% since May 24, 2017 and is uptrending. It has underperformed by 5.82% the S&P500.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 EPS, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56B for 20.24 P/E if the $0.18 EPS becomes a reality. After $0.16 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Brown Advisory Securities Llc, which manages about $869.60M and $518.58M US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 17,113 shares to 113,816 shares, valued at $5.25 million in 2017Q4, according to the filing. It also increased its holding in Accenture Plc Ireland (NYSE:ACN) by 5,437 shares in the quarter, for a total of 38,062 shares, and has risen its stake in Abbott Labs (NYSE:ABT).

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 103 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, April 23 by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, June 13 by Stifel Nicolaus. Morgan Stanley downgraded the stock to “Underweight” rating in Monday, October 23 report. Bank of America downgraded General Electric Company (NYSE:GE) on Wednesday, April 26 to “Neutral” rating. The rating was maintained by Argus Research on Wednesday, December 23 with “Buy”. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Monday, January 25 by RBC Capital Markets. The firm has “Outperform” rating given on Monday, November 30 by RBC Capital Markets. The firm earned “Hold” rating on Tuesday, April 3 by Stifel Nicolaus. The firm earned “Overweight” rating on Monday, October 5 by Barclays Capital. DZ Bank downgraded General Electric Company (NYSE:GE) on Wednesday, March 28 to “Sell” rating.

More notable recent General Electric Company (NYSE:GE) news were published by: Bizjournals.com which released: “GE merges its locomotive business in $11B deal. What’s the Fort Worth impact?” on May 21, 2018, also Seekingalpha.com with their article: “General Electric’s Brilliant Move” published on May 23, 2018, Bizjournals.com published: “GE loses $9B in value as CEO talks energy struggles, dividend” on May 24, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Finance.Yahoo.com and their article: “Tuesday’s Vital Data: General Electric Company (GE), Micron Technology, Inc. (MU) and Chesapeake Energy …” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “GE: Exhaustion In A Corporate Restructuring” with publication date: May 21, 2018.

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

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It dropped, 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. Kentucky Retirement System Ins Tru Fund has invested 0.67% in General Electric Company (NYSE:GE). Iberiabank holds 66,537 shares. Cohen & Steers invested 0.05% of its portfolio in General Electric Company (NYSE:GE). Hourglass Ltd Com has invested 2.02% in General Electric Company (NYSE:GE). Renaissance Ltd Liability stated it has 0.47% of its portfolio in General Electric Company (NYSE:GE). 1.24 million were accumulated by Creative Planning. Metropolitan Life Ins Communication New York holds 0.33% of its portfolio in General Electric Company (NYSE:GE) for 1.41M shares. Laurion Capital Limited Partnership accumulated 183,848 shares. 286 were reported by Beacon Capital Mngmt Inc. 1.00M are owned by Huntington Comml Bank. Apriem Advsrs invested 0.08% of its portfolio in General Electric Company (NYSE:GE). Strategic Fincl Service has invested 0.21% in General Electric Company (NYSE:GE). Pring Turner Gru Inc invested in 16,950 shares. Crawford Invest Counsel has 129,601 shares. Paw Capital Corp owns 0.88% invested in General Electric Company (NYSE:GE) for 40,000 shares.

Investors sentiment decreased to 1.23 in 2017 Q4. Its down 1.71, from 2.94 in 2017Q3. It fall, as 15 investors sold VGR shares while 58 reduced holdings. 30 funds opened positions while 60 raised stakes. 65.02 million shares or 3.66% more from 62.72 million shares in 2017Q3 were reported. Winfield Associate Inc invested in 578 shares or 0.01% of the stock. Engineers Gate Manager Ltd Partnership accumulated 0.13% or 81,537 shares. Assetmark stated it has 0% of its portfolio in Vector Group Ltd. (NYSE:VGR). Smithfield Tru accumulated 66 shares or 0% of the stock. Qvt Fincl Limited Partnership owns 0.01% invested in Vector Group Ltd. (NYSE:VGR) for 11,428 shares. Royal Comml Bank Of Canada reported 5.72M shares or 0.06% of all its holdings. Barclays Public Ltd Com holds 0% in Vector Group Ltd. (NYSE:VGR) or 36,895 shares. Cypress Group reported 0.04% stake. Telemus Cap Lc stated it has 79,004 shares or 0.14% of all its holdings. Numeric Investors Lc reported 73,812 shares or 0.01% of all its holdings. Aurora Inv Counsel holds 0.91% in Vector Group Ltd. (NYSE:VGR) or 81,924 shares. Hbk Sorce Advisory Limited Liability Corporation reported 14,774 shares. Sei Invs holds 0% or 34,029 shares. 24,385 were accumulated by Solaris Asset Mngmt Limited Liability Corporation. Archford Capital Strategies Ltd Limited Liability Company holds 81,866 shares.

Vector Group Ltd. (NYSE:VGR) Institutional Positions Chart

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