General Elec Co (GE) Shares Declined While Family Capital Trust Co Has Cut by $2.75 Million Its Holding; Dumont & Blake Investment Advisors Cut Its Intel (Put) (INTC) Position by $1.90 Million as Market Valuation Rose

May 25, 2018 - By reb123z

General Electric Company (NYSE:GE) Logo

Dumont & Blake Investment Advisors Llc decreased its stake in Intel Corp (Put) (INTC) by 99.53% based on its latest 2017Q4 regulatory filing with the SEC. Dumont & Blake Investment Advisors Llc sold 42,289 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 200 shares of the semiconductors company at the end of 2017Q4, valued at $9,000, down from 42,489 at the end of the previous reported quarter. Dumont & Blake Investment Advisors Llc who had been investing in Intel Corp (Put) for a number of months, seems to be less bullish one the $257.09 billion market cap company. The stock increased 0.77% or $0.42 during the last trading session, reaching $55.17. About 10.63M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 25, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Family Capital Trust Co decreased its stake in General Elec Co (GE) by 95.8% based on its latest 2017Q4 regulatory filing with the SEC. Family Capital Trust Co sold 161,750 shares as the company’s stock declined 23.20% with the market. The institutional investor held 7,100 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $124,000, down from 168,850 at the end of the previous reported quarter. Family Capital Trust Co 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 decreased 0.89% or $0.13 during the last trading session, reaching $14.47. About 32.00 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 25, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Dumont & Blake Investment Advisors Llc, which manages about $295.66M and $246.36 million US Long portfolio, upped its stake in Metlife Inc (NYSE:MET) by 39,334 shares to 43,234 shares, valued at $2.19M in 2017Q4, according to the filing. It also increased its holding in Schlumberger Ltd (NYSE:SLB) by 18,020 shares in the quarter, for a total of 19,520 shares, and has risen its stake in International Business Machine (NYSE:IBM).

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 26. They expect $0.86 earnings per share, up 19.44% or $0.14 from last year’s $0.72 per share. INTC’s profit will be $4.01 billion for 16.04 P/E if the $0.86 EPS becomes a reality. After $0.87 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts -1.15% negative EPS growth.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.01, from 1.03 in 2017Q3. It turned negative, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Motco holds 0.51% or 110,535 shares in its portfolio. 3.84M are held by Guggenheim Cap Ltd Co. Old Republic Intl Corp accumulated 1.78% or 1.21 million shares. Axa stated it has 4.43 million shares. Bailard reported 74,239 shares stake. Wade G W And Inc has 1.75% invested in Intel Corporation (NASDAQ:INTC). Northwest Investment Counselors Lc invested 0.99% in Intel Corporation (NASDAQ:INTC). Capwealth Advsr Llc owns 8,576 shares or 0.07% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.87% or 2.11M shares in its portfolio. Baker Boyer Bankshares, Washington-based fund reported 8,456 shares. The Massachusetts-based Rech & Management Commerce has invested 0.09% in Intel Corporation (NASDAQ:INTC). Cognios Cap Limited Liability Corporation has invested 0.12% of its portfolio in Intel Corporation (NASDAQ:INTC). Oakwood Mngmt Ltd Ca holds 1.51% or 148,113 shares in its portfolio. Hayek Kallen Inv Mngmt reported 3.95% in Intel Corporation (NASDAQ:INTC). Vermont-based Hanson Doremus Mngmt has invested 0.2% in Intel Corporation (NASDAQ:INTC).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Forbes.com which released: “Data Center Group Will Likely Drive Intel’s Near Term Growth” on May 23, 2018, also Seekingalpha.com with their article: “Big self-driving car deal for Mobileye” published on May 17, 2018, Nasdaq.com published: “3 Ways You Can Win The US-China Trade War” on May 24, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: 247Wallst.com and their article: “Short Sellers Hike Bets in Major Semiconductors” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “Intel Is Positioned For Outperformance” with publication date: May 22, 2018.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 264 analyst reports since August 7, 2015 according to SRatingsIntel. M Partners maintained Intel Corporation (NASDAQ:INTC) rating on Wednesday, July 19. M Partners has “Buy” rating and $4200 target. B. Riley & Co maintained it with “Buy” rating and $65 target in Friday, April 27 report. Wells Fargo maintained Intel Corporation (NASDAQ:INTC) on Wednesday, July 12 with “Buy” rating. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Monday, April 30 by Citigroup. The firm has “Neutral” rating by Citigroup given on Monday, September 19. The firm has “Buy” rating given on Wednesday, October 19 by Brean Capital. Needham maintained the shares of INTC in report on Friday, January 27 with “Buy” rating. As per Thursday, April 7, the company rating was initiated by Brean Capital. Canaccord Genuity downgraded Intel Corporation (NASDAQ:INTC) on Friday, February 10 to “Hold” rating. Needham maintained Intel Corporation (NASDAQ:INTC) rating on Wednesday, July 12. Needham has “Buy” rating and $4300 target.

Since January 22, 2018, it had 0 insider purchases, and 21 selling transactions for $11.14 million activity. Shenoy Navin sold $26,052 worth of Intel Corporation (NASDAQ:INTC) on Monday, April 23. McBride Kevin Thomas sold $31,943 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, February 21. YOFFIE DAVID B sold $1.33 million worth of Intel Corporation (NASDAQ:INTC) on Tuesday, May 8. Krzanich Brian M sold $162,134 worth of stock. On Wednesday, February 7 the insider RENDUCHINTALA VENKATA S M sold $66,959. $1.89M worth of Intel Corporation (NASDAQ:INTC) was sold by BRYANT ANDY D.

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. On Wednesday, December 23 the stock rating was maintained by Argus Research with “Buy”. Deutsche Bank maintained the shares of GE in report on Monday, September 11 with “Sell” rating. Oppenheimer downgraded the shares of GE in report on Monday, September 21 to “Perform” rating. The company was maintained on Thursday, March 23 by RBC Capital Markets. Bank of America downgraded the shares of GE in report on Wednesday, April 26 to “Neutral” rating. Oppenheimer downgraded the shares of GE in report on Tuesday, October 24 to “Underperform” rating. The firm has “Outperform” rating by Bernstein given on Friday, December 16. S&P Research maintained the stock with “Buy” rating in Monday, August 17 report. Cowen & Co maintained the stock with “Hold” rating in Friday, April 21 report. The company was upgraded on Monday, October 23 by Bank of America.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: Market Gyrations Continue” on May 24, 2018, also Seekingalpha.com with their article: “GE’s Share Slide – A Buying Opportunity” published on May 24, 2018, Seekingalpha.com published: “GE: The Real Problem” on May 21, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE: Exhaustion In A Corporate Restructuring” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: Selling Low?” with publication date: May 17, 2018.

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

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts

>