As General Elec Co (GE) Market Valuation Declined, Shareholder Lynch & Associates Has Decreased by $704,769 Its Holding; As Winnebago Inds (WGO) Stock Value Declined, Globeflex Capital LP Has Lifted Stake

May 24, 2018 - By Dolores Ford

Winnebago Industries, Inc. (NYSE:WGO) Logo

Lynch & Associates decreased its stake in General Elec Co (GE) by 20.88% based on its latest 2017Q4 regulatory filing with the SEC. Lynch & Associates sold 41,457 shares as the company’s stock declined 23.20% with the market. The institutional investor held 157,075 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.74 million, down from 198,532 at the end of the previous reported quarter. Lynch & Associates who had been investing in General Elec Co for a number of months, seems to be less bullish one the $125.68B market cap company. The stock increased 2.05% or $0.29 during the last trading session, reaching $14.47. About 84.74M shares traded or 16.72% 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.

Globeflex Capital LP increased its stake in Winnebago Inds Inc (WGO) by 555.53% based on its latest 2017Q4 regulatory filing with the SEC. Globeflex Capital LP bought 18,277 shares as the company’s stock declined 34.81% with the market. The institutional investor held 21,567 shares of the consumer non-durables company at the end of 2017Q4, valued at $1.20 million, up from 3,290 at the end of the previous reported quarter. Globeflex Capital LP who had been investing in Winnebago Inds Inc for a number of months, seems to be bullish on the $1.16 billion market cap company. The stock increased 1.45% or $0.52 during the last trading session, reaching $36.72. About 644,847 shares traded. Winnebago Industries, Inc. (NYSE:WGO) has risen 22.46% since May 24, 2017 and is uptrending. It has outperformed by 10.91% the S&P500.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It is 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. Cibc Bancshares Usa has 0.08% invested in General Electric Company (NYSE:GE) for 36,351 shares. Homrich & Berg holds 56,377 shares. Penobscot Invest Communication Inc invested in 81,460 shares or 0.39% of the stock. Segantii Limited invested in 230,000 shares. Mawer Invest Limited has invested 0% of its portfolio in General Electric Company (NYSE:GE). Markston Intll Ltd Liability has 15,685 shares for 0.03% of their portfolio. Adell Harriman And Carpenter reported 40,146 shares stake. Gould Asset Ltd Company Ca reported 0.1% in General Electric Company (NYSE:GE). Principal Fincl Grp holds 0.21% in General Electric Company (NYSE:GE) or 13.22M shares. Barrow Hanley Mewhinney Strauss Limited Liability Com holds 64.76 million shares or 1.69% of its portfolio. Checchi Capital Advisers Limited Liability holds 73,703 shares. Capital Investment Of America accumulated 10,475 shares. Forward Mgmt has invested 0.03% in General Electric Company (NYSE:GE). State Of New Jersey Common Pension Fund D reported 0.47% of its portfolio in General Electric Company (NYSE:GE). Family Firm Incorporated holds 19,900 shares or 0.14% of its portfolio.

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 $1.56 billion for 20.10 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.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Wabtec and GE Transportation to merge” on May 21, 2018, also Seekingalpha.com with their article: “General Electric’s Brilliant Move” published on May 23, 2018, Bizjournals.com published: “GE merges its locomotive business in $11B deal. What’s the Fort Worth impact?” on May 21, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Death Could Be Best For Shareholders” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “GE: The Real Problem” with publication date: May 21, 2018.

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

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. Vetr upgraded the shares of GE in report on Wednesday, August 26 to “Buy” rating. The stock has “Buy” rating by S&P Research on Monday, August 17. The firm earned “Market Perform” rating on Tuesday, June 7 by Cowen & Co. The rating was maintained by JP Morgan with “Underweight” on Tuesday, March 13. The stock has “Hold” rating by Tigress Financial on Thursday, December 28. UBS downgraded the stock to “Neutral” rating in Monday, October 23 report. The rating was upgraded by Bank of America to “Buy” on Monday, October 23. Oppenheimer maintained the shares of GE in report on Monday, July 17 with “Hold” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, June 13 report. The company was maintained on Monday, September 11 by Deutsche Bank.

Globeflex Capital L P, which manages about $3.98 billion and $358.77 million US Long portfolio, decreased its stake in Kmg Chemicals Inc (NYSE:KMG) by 6,768 shares to 47,261 shares, valued at $3.12M in 2017Q4, according to the filing. It also reduced its holding in Control4 Ord (NASDAQ:CTRL) by 17,210 shares in the quarter, leaving it with 43,893 shares, and cut its stake in Nrg Energy Inc (NYSE:NRG).

Another recent and important Winnebago Industries, Inc. (NYSE:WGO) news was published by Globenewswire.com which published an article titled: “Winnebago Industries Launches All-electric/Zero-emission Commercial Vehicle Platform” on May 01, 2018.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.57, from 1.7 in 2017Q3. It turned negative, as 16 investors sold WGO shares while 74 reduced holdings. 43 funds opened positions while 59 raised stakes. 25.23 million shares or 0.35% less from 25.32 million shares in 2017Q3 were reported. Paloma Prtn Mngmt Com reported 9,815 shares. Cap One National Association reported 0.04% stake. 27,169 are owned by Clarivest Asset Management Ltd Company. Amalgamated National Bank & Trust stated it has 0.01% in Winnebago Industries, Inc. (NYSE:WGO). 5,949 were accumulated by Piedmont Invest Advsr Ltd. Gotham Asset Management Llc owns 0.14% invested in Winnebago Industries, Inc. (NYSE:WGO) for 178,039 shares. Yorktown And Research Incorporated owns 7,200 shares or 0.12% of their US portfolio. Eqis Capital Mgmt reported 5,384 shares. Gendell Jeffrey L holds 0.11% or 28,043 shares in its portfolio. Susquehanna Int Ltd Liability Partnership holds 28,460 shares. Parkside National Bank & Trust & invested in 0% or 10 shares. Moreover, Rhumbline Advisers has 0.01% invested in Winnebago Industries, Inc. (NYSE:WGO). Whittier Of Nevada Inc reported 1,629 shares. Moreover, Teachers Retirement System Of The State Of Kentucky has 0.01% invested in Winnebago Industries, Inc. (NYSE:WGO) for 10,500 shares. Thrivent Fin For Lutherans holds 0% or 17,821 shares in its portfolio.

General Electric Company (NYSE:GE) Institutional Positions Chart

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