Timber Creek Capital Management Boosted Its Holding in General Electric Co Com (GE) by $613,600; Archer Capital Management LP Trimmed Its Loral Space & Communicatns I (LORL) Stake as Share Price Declined

June 19, 2018 - By Kurt Siggers

Loral Space & Communications Inc. (NASDAQ:LORL) Logo

Eric Edidin decreased its stake in Loral Space & Communicatns I (LORL) by 5.92% based on its latest 2018Q1 regulatory filing with the SEC. Archer Capital Management Lp sold 12,888 shares as the company’s stock declined 16.63% with the market. The hedge fund run by Eric Edidin held 204,651 shares of the technology company at the end of 2018Q1, valued at $8.52M, down from 217,539 at the end of the previous reported quarter. Archer Capital Management Lp who had been investing in Loral Space & Communicatns I for a number of months, seems to be less bullish one the $1.19B market cap company. The stock decreased 0.77% or $0.3 during the last trading session, reaching $38.55. About 12,966 shares traded. Loral Space & Communications Inc. (NASDAQ:LORL) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical LORL News: 16/04/2018 – Telesat Canada Announces Preliminary Revenue and Adjusted EBITDA¹ for the Quarter Ending March 31, 2018; 16/04/2018 – TELESAT CANADA – FOR QTR ENDING MARCH 31, CO EXPECTS TO REPORT COMPARATIVE REVENUES OF $233 MLN TO $236 MLN VS REPORTED REVENUE OF $235 MLN LAST YR; 08/03/2018 Loral Space Closes Below 50-Day Moving Average: Technicals; 21/04/2018 – DJ Loral Space & Communications Inc, Inst Holders, 1Q 2018 (LORL); 26/03/2018 – SPACE COM ORDERS AMOS 8 SATELLITE FROM SPACE SYSTEMS/LORAL; 26/03/2018 – SPACE COM TO PAY LORAL $112M FOR AMOS 8; DELIVERY IN 27 MONTHS

Timber Creek Capital Management Llc increased its stake in General Electric Co Com (GE) by 49.3% based on its latest 2018Q1 regulatory filing with the SEC. Timber Creek Capital Management Llc bought 47,200 shares as the company’s stock declined 0.14% with the market. The institutional investor held 142,950 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $1.93 million, up from 95,750 at the end of the previous reported quarter. Timber Creek Capital Management Llc who had been investing in General Electric Co Com for a number of months, seems to be bullish on the $113.13B market cap company. The stock decreased 1.33% or $0.175 during the last trading session, reaching $13.025. About 37.51 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 19, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 24/04/2018 – SULZER AG SUN.S – SULZER INDIA HAS BEEN CONTRACTED TO SUPPLY 21 BARREL-TYPE BOILER FEED PUMP SETS FOR GE POWER INDIA LIMITED; 20/04/2018 – GE IS SAID IN TALKS TO UNLOAD RAIL BUSINESS IN DEAL WITH WABTEC; 27/04/2018 – U.S. State Dept approves possible sale to Bahrain of attack helicopters; 17/04/2018 – SOUTHWEST SAYS IN TOUCH WITH GE, BOEING ON THE ACCIDENT; 23/05/2018 – General Electric Won’t Make Any Promises About It’s Dividend — Barron’s Blog; 27/04/2018 – No read-across to Airbus from Rolls engine problems on Boeing 787s -Airbus CFO; 17/05/2018 – GE HEALTHCARE AND FITTRACE ANNOUNCE COLLABORATION TO OFFER BODY COMPOSITION ANALYSIS SOFTWARE FOR SPORTS AND FITNESS MARKETS; 23/04/2018 – CN RAIL BOSS EYES MORE TRACK, FREIGHT CARS, GE LOCOMOTIVES; 20/04/2018 – GE Is Said in Talks to Unload Rail Unit in Deal With Wabtec (Video); 07/03/2018 – GE ANNOUNCES INNOVATIVE ENERGY STORAGE PLATFORM CALLED THE RESERVOIR

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Warren: Your $20/Share GE Lunch Is Served” on June 13, 2018, also Fool.com with their article: “Rolls-Royce Jet Engine Flaws Spell Opportunity for GE” published on June 15, 2018, Seekingalpha.com published: “General Electric’s Digital Growth Is Impressive” on June 13, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE: Real Recovery But Bad Investment” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “The Market Needs A Glum Index – Cramer’s Mad Money (6/18/18)” with publication date: June 19, 2018.

Timber Creek Capital Management Llc, which manages about $337.60 million and $158.34 million US Long portfolio, decreased its stake in Exxon Mobil Corp Com (NYSE:XOM) by 18,146 shares to 10,300 shares, valued at $768,000 in 2018Q1, according to the filing. It also reduced its holding in Ishares Ibonds Dec 2020 Term Corporate Etf by 17,843 shares in the quarter, leaving it with 59,960 shares, and cut its stake in Berkshire Hathaway Inc Del Cl B New (BRKB).

Investors sentiment increased to 0.55 in Q1 2018. 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. Fort Point Cap Prtn Ltd Limited Liability Company owns 10,184 shares. Arete Wealth Advsrs Ltd Liability Corp has invested 0.2% in General Electric Company (NYSE:GE). Security Savings Bank Of So Dak stated it has 0.19% of its portfolio in General Electric Company (NYSE:GE). Broderick Brian C reported 69,348 shares or 0.35% of all its holdings. Moreover, Mitsubishi Ufj Securities Limited has 0% invested in General Electric Company (NYSE:GE) for 30 shares. Moreover, Vanguard Grp Incorporated Inc has 0.37% invested in General Electric Company (NYSE:GE) for 619.40M shares. Douglass Winthrop Advsrs Limited Liability Company reported 265,761 shares or 0.17% of all its holdings. Horan Advsr Ltd Liability reported 15,794 shares. Rosenbaum Jay D has 24,100 shares for 0.66% of their portfolio. 3.24 million are owned by Jane Street Group Inc Ltd Liability Com. Washington Trust Financial Bank reported 0.09% in General Electric Company (NYSE:GE). Iberiabank Corp holds 0.05% or 20,413 shares in its portfolio. Davidson Advsr invested 0.63% in General Electric Company (NYSE:GE). Ferguson Wellman Cap Mngmt holds 0.13% or 263,862 shares in its portfolio. Bancorp Of New York Mellon Corporation holds 0.31% of its portfolio in General Electric Company (NYSE:GE) for 82.84 million shares.

Since January 26, 2018, it had 1 buying transaction, and 0 sales 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 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Cowen & Co on Wednesday, April 11. As per Tuesday, July 26, the company rating was maintained by Bernstein. The firm earned “Hold” rating on Friday, April 27 by Stifel Nicolaus. The firm earned “Outperform” rating on Monday, April 24 by RBC Capital Markets. The stock has “Hold” rating by Tigress Financial on Thursday, January 4. Standpoint Research upgraded it to “Hold” rating and $24 target in Thursday, June 29 report. On Monday, April 4 the stock rating was downgraded by Bernstein to “Market Perform”. The rating was maintained by Oppenheimer on Monday, July 17 with “Hold”. Deutsche Bank downgraded General Electric Company (NYSE:GE) on Friday, May 12 to “Sell” rating. Cowen & Co maintained it with “Hold” rating and $2400 target in Monday, August 7 report.

Investors sentiment decreased to 0.6 in 2018 Q1. Its down 0.40, from 1 in 2017Q4. It worsened, as 10 investors sold LORL shares while 33 reduced holdings. 5 funds opened positions while 21 raised stakes. 20.18 million shares or 2.97% less from 20.80 million shares in 2017Q4 were reported. Barclays Public Limited Company invested in 0% or 2,794 shares. 25,991 were accumulated by Millennium Management Ltd Co. Solus Alternative Asset Mngmt Ltd Partnership holds 1.81 million shares. Susquehanna International Gp Llp has invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Ancora Limited Liability Company reported 0.11% in Loral Space & Communications Inc. (NASDAQ:LORL). Walthausen Ltd Liability Company holds 0.56% or 135,430 shares in its portfolio. Manufacturers Life Insurance Communication The reported 9,811 shares. Altalis Capital Lc owns 124,482 shares. Commercial Bank Of New York Mellon Corporation invested in 0% or 109,760 shares. Great West Life Assurance Can reported 2,264 shares. Royal Fincl Bank Of Canada holds 103 shares. Vanguard Incorporated reported 0% of its portfolio in Loral Space & Communications Inc. (NASDAQ:LORL). Pnc Fincl Group Incorporated Inc holds 823 shares. Parallax Volatility Advisers Lp holds 1,265 shares. Rhumbline Advisers holds 0% or 13,335 shares in its portfolio.

General Electric Company (NYSE:GE) Institutional Positions Chart

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