General Electric (GE) Shareholder Gofen & Glossberg Decreased Its Stake by $1.19 Million; Prologis (PLD) Stock Declined While Teachers Insurance & Annuity Association Of America Has Boosted Stake

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Gofen & Glossberg Llc decreased its stake in General Electric (GE) by 12.57% based on its latest 2018Q3 regulatory filing with the SEC. Gofen & Glossberg Llc sold 107,856 shares as the company’s stock declined 44.60% with the market. The institutional investor held 750,359 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $8.47M, down from 858,215 at the end of the previous reported quarter. Gofen & Glossberg Llc who had been investing in General Electric for a number of months, seems to be less bullish one the $58.80B market cap company. The stock decreased 2.45% or $0.17 during the last trading session, reaching $6.76. About 123.80 million shares traded or 0.37% up from the average. General Electric Company (NYSE:GE) has declined 60.87% since December 11, 2017 and is downtrending. It has underperformed by 60.87% the S&P500. Some Historical GE News: 07/05/2018 – ALTAIR ENGINEERING – CO, GE SIGNED MULTI-YEAR SOFTWARE AGREEMENT MAKING CO EXCLUSIVE DISTRIBUTOR FOR GE’S FLOW SIMULATOR SOFTWARE; 20/05/2018 – GE SAID TO NEAR DEAL TO MERGE TRANSPORTATION UNIT W/WABTEC:RTRS; 22/03/2018 – GENERAL ELECTRIC CO GE.N – SOLUTION WILL ENABLE ALMOST DOUBLE TRAFFIC IN CHANNEL TUNNEL; 13/04/2018 – Aaj TV: More delays in GE power plants a worry for Pakistan’s ruling party; 23/05/2018 – GE CEO SEES PROFIT AT BAKER HUGHES OIL AND GAS UNIT RISING 50 PERCENT OR MORE THIS YEAR; SEES AVIATION PROFIT UP 15 PERCENT; 02/04/2018 – Don Seiffert: BREAKING from @BOSBIZJess: $GE sells off part of health care division for $1B; 23/03/2018 – BOEING BA.N 787S FOR AMERICAN AIRLINES WOULD BE POWERED BY GENERAL ELECTRIC GE.N , BEATING ROLLS-ROYCE RR.L; 25/04/2018 – PRELIMINARY GE SHAREHOLDER VOTE TOTALS ANNOUNCED AT MEETING; 21/05/2018 – WABTEC – CEO RAYMOND T. BETLER WILL REMAIN PRESIDENT AND CEO OF THE MERGED COMPANY; 28/03/2018 – Investors Plot a GE Rescue, Starring Warren Buffett — Barrons.com

Teachers Insurance & Annuity Association Of America increased its stake in Prologis Inc (PLD) by 17.21% based on its latest 2018Q3 regulatory filing with the SEC. Teachers Insurance & Annuity Association Of America bought 117,771 shares as the company’s stock declined 0.90% with the market. The institutional investor held 802,086 shares of the consumer services company at the end of 2018Q3, valued at $54.37M, up from 684,315 at the end of the previous reported quarter. Teachers Insurance & Annuity Association Of America who had been investing in Prologis Inc for a number of months, seems to be bullish on the $43.88B market cap company. The stock increased 0.80% or $0.53 during the last trading session, reaching $66.47. About 3.21M shares traded or 20.20% up from the average. Prologis, Inc. (NYSE:PLD) has risen 0.18% since December 11, 2017 and is uptrending. It has outperformed by 0.18% the S&P500. Some Historical PLD News: 17/04/2018 – Prologis 1Q Net $367.4M; 30/04/2018 – PROLOGIS, DCT ACQUISITION CALL ENDS; 29/04/2018 – DCT Deal Could Be Announced Sun; 29/04/2018 – Prologis: Annual Stabilized Core Funds From Operations Expected to Increase 6c-8c Per Shr; 30/04/2018 – PROLOGIS CEO HAMID MOGHADAM SPEAKS ON DCT ACQUISITION CALL; 17/04/2018 – PROLOGIS INC PLD.N FY2018 SHR VIEW $1.43 — THOMSON REUTERS l/B/E/S; 29/04/2018 – Prologis To Acquire DCT Industrial Trust For $8.4 Billion; 17/04/2018 – Prologis 1Q Core FFO 80c/Share; 07/05/2018 – The Law Offices of Vincent Wong Notifies Investors of an Investigation into DCT Industrial Trust Inc. in Connection with the Sale of the Company to Prologis, Inc; 06/04/2018 – Fitch Affirms Prologis at ‘BBB+’; Outlook Revised to Positive

Among 30 analysts covering General Electric Company (NYSE:GE), 12 have Buy rating, 4 Sell and 14 Hold. Therefore 40% are positive. General Electric Company has $67 highest and $11 lowest target. $23.69’s average target is 250.44% above currents $6.76 stock price. General Electric Company had 120 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Oppenheimer to “Perform” on Monday, September 21. The rating was downgraded by UBS to “Neutral” on Monday, October 23. Standpoint Research upgraded General Electric Company (NYSE:GE) on Thursday, June 29 to “Hold” rating. The rating was maintained by Deutsche Bank with “Hold” on Thursday, July 12. The rating was maintained by Bank of America with “Neutral” on Friday, July 27. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by William Blair on Tuesday, October 13. The rating was maintained by CFRA on Monday, May 21 with “Hold”. The stock has “Underperform” rating by Oppenheimer on Tuesday, October 24. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, July 25 report. The rating was upgraded by Credit Suisse on Wednesday, September 16 to “Focus List”.

Since July 24, 2018, it had 4 buys, and 0 selling transactions for $5.27 million activity. 225,000 shares were bought by CULP H LAWRENCE JR, worth $2.19M. DIMITRIEF ALEXANDER also bought $94,800 worth of General Electric Company (NYSE:GE) shares.

Investors sentiment decreased to 0.56 in 2018 Q3. Its down 0.03, from 0.59 in 2018Q2. It dived, as 83 investors sold GE shares while 743 reduced holdings. 114 funds opened positions while 346 raised stakes. 4.54 billion shares or 0.56% more from 4.51 billion shares in 2018Q2 were reported. Suntrust Banks Inc reported 2.66 million shares stake. Korea Inv, a Korea-based fund reported 5.56 million shares. Stearns Fincl Group Inc owns 282,226 shares or 0.72% of their US portfolio. Woodley Farra Manion Mgmt Inc holds 0.02% or 13,580 shares. Employees Retirement System Of Ohio reported 0.32% stake. Fil Ltd holds 0.07% in General Electric Company (NYSE:GE) or 3.94 million shares. Mount Vernon Assoc Md stated it has 1.18% in General Electric Company (NYSE:GE). Cetera Advsr Limited Liability has invested 0.1% in General Electric Company (NYSE:GE). Graybill Bartz Associates Limited accumulated 1.68% or 205,458 shares. 27,542 are held by Excalibur Mngmt Corp. Stewart & Patten Com, California-based fund reported 735,552 shares. Adell Harriman And Carpenter stated it has 33,450 shares or 0% of all its holdings. Bp Public Ltd Liability Corporation holds 0.37% of its portfolio in General Electric Company (NYSE:GE) for 1.08M shares. Choate Investment invested 0.09% in General Electric Company (NYSE:GE). Nelson Van Denburg And Campbell Wealth Mgmt Group Ltd holds 17,935 shares or 0.04% of its portfolio.

Gofen & Glossberg Llc, which manages about $3.51 billion and $2.91B US Long portfolio, upped its stake in S&P Mid (MDY) by 1,517 shares to 55,771 shares, valued at $20.49 million in 2018Q3, according to the filing. It also increased its holding in Red Hat (NYSE:RHT) by 5,285 shares in the quarter, for a total of 45,763 shares, and has risen its stake in Charles Schwab (NYSE:SCHW).

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 23. They expect $0.18 EPS, down 33.33% or $0.09 from last year’s $0.27 per share. GE’s profit will be $1.57B for 9.39 P/E if the $0.18 EPS becomes a reality. After $0.14 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

More notable recent General Electric Company (NYSE:GE) news were published by: Businesswire.com which released: “GE Board of Directors Authorizes Regular Quarterly Dividend – Business Wire” on December 07, 2018, also Seekingalpha.com with their article: “General Electric Is Fit For Speculation, Not Investment – Seeking Alpha” published on November 28, 2018, Seekingalpha.com published: “GE Will Split Up: Here Is A Sum Of The Parts – Seeking Alpha” on November 13, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Fool.com and their article: “Why Alphabet, Netflix, and General Electric Stocks Fell Tuesday – The Motley Fool” published on December 05, 2018 as well as Seekingalpha.com‘s news article titled: “Cisco Is The Cheapest Large-Cap Tech Stock – Cramer’s Lightning Round (12/10/18) – Seeking Alpha” with publication date: December 11, 2018.

Among 26 analysts covering Prologis (NYSE:PLD), 18 have Buy rating, 1 Sell and 7 Hold. Therefore 69% are positive. Prologis had 80 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, April 25 report. The stock of Prologis, Inc. (NYSE:PLD) earned “Buy” rating by Evercore on Tuesday, September 8. On Friday, November 17 the stock rating was maintained by SunTrust with “Buy”. The rating was maintained by Citigroup on Thursday, October 19 with “Neutral”. The firm has “Neutral” rating given on Friday, July 1 by UBS. The stock of Prologis, Inc. (NYSE:PLD) earned “Buy” rating by RBC Capital Markets on Thursday, June 8. The company was downgraded on Monday, December 14 by Goldman Sachs. KeyBanc Capital Markets maintained Prologis, Inc. (NYSE:PLD) rating on Sunday, August 27. KeyBanc Capital Markets has “Buy” rating and $65.0 target. The rating was maintained by BMO Capital Markets on Friday, May 18 with “Buy”. The firm earned “Overweight” rating on Thursday, August 2 by Barclays Capital.

Investors sentiment increased to 2.4 in Q3 2018. Its up 1.14, from 1.26 in 2018Q2. It improved, as 40 investors sold PLD shares while 100 reduced holdings. 81 funds opened positions while 255 raised stakes. 569.42 million shares or 16.65% more from 488.14 million shares in 2018Q2 were reported. Bb&T Securities Ltd Com has 0.01% invested in Prologis, Inc. (NYSE:PLD). State Street, Massachusetts-based fund reported 35.25M shares. Signaturefd Limited Co reported 2,296 shares. Moreover, Cannell Peter B Inc has 0.03% invested in Prologis, Inc. (NYSE:PLD). Envestnet Asset Management Inc reported 40,144 shares. Invesco Limited has invested 0.25% of its portfolio in Prologis, Inc. (NYSE:PLD). Retail Bank Of Nova Scotia holds 17,054 shares. Great Lakes Advsr Ltd Company owns 36,774 shares. Winslow Evans Crocker holds 112 shares or 0% of its portfolio. Nordea Inv Ab stated it has 0.14% in Prologis, Inc. (NYSE:PLD). Gradient Ltd Limited Liability Company accumulated 0% or 671 shares. And Buildings Investment Mgmt Ltd Com reported 2.52% stake. Commonwealth Of Pennsylvania Pub School Empls Retrmt System stated it has 51,658 shares. The Illinois-based Ubs Asset Management Americas has invested 0% in Prologis, Inc. (NYSE:PLD). Oakbrook Limited Liability Company has invested 0.08% of its portfolio in Prologis, Inc. (NYSE:PLD).

General Electric Company (NYSE:GE) Institutional Positions Chart

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