General Electric Co (GE) Shareholder Regent Investment Management Trimmed Position; Strategic Wealth Advisors Groupinc Has Lifted Its Lockheed Martin (LMT) Position

April 25, 2018 - By Dolores Ford

General Electric Company (NYSE:GE) Logo

Regent Investment Management Llc decreased its stake in General Electric Co (GE) by 50.57% based on its latest 2017Q4 regulatory filing with the SEC. Regent Investment Management Llc sold 51,997 shares as the company’s stock declined 23.20% with the market. The hedge fund held 50,819 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $887,000, down from 102,816 at the end of the previous reported quarter. Regent Investment Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $121.61 billion market cap company. The stock decreased 4.60% or $0.675 during the last trading session, reaching $14.005. About 69.42M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 25, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Strategic Wealth Advisors Groupinc increased its stake in Lockheed Martin Corp (LMT) by 29.38% based on its latest 2017Q4 regulatory filing with the SEC. Strategic Wealth Advisors Groupinc bought 3,000 shares as the company’s stock rose 6.55% while stock markets declined. The institutional investor held 13,210 shares of the military and government and technical company at the end of 2017Q4, valued at $4.24 million, up from 10,210 at the end of the previous reported quarter. Strategic Wealth Advisors Groupinc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $93.81 billion market cap company. The stock decreased 2.46% or $8.29 during the last trading session, reaching $328.2. About 2.24M shares traded or 35.65% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 26.83% since April 25, 2017 and is uptrending. It has outperformed by 15.28% the S&P500.

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

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 100 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Monday, October 5. The firm has “Neutral” rating by UBS given on Monday, October 23. On Monday, April 24 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock has “Hold” rating by RBC Capital Markets on Monday, February 26. The firm earned “Equal-Weight” rating on Tuesday, July 25 by Morgan Stanley. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Friday, July 22 by Standpoint Research. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, November 30. RBC Capital Markets has “Outperform” rating and $34 target. The company was upgraded on Friday, December 16 by Bernstein. The stock of General Electric Company (NYSE:GE) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 14. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, October 6 report.

Regent Investment Management Llc, which manages about $294.77 million and $304.82 million US Long portfolio, upped its stake in Dowdupont Inc by 5,863 shares to 38,078 shares, valued at $2.71 million in 2017Q4, according to the filing. It also increased its holding in Ishares Russell 2000 Growth Et (IWO) by 3,970 shares in the quarter, for a total of 5,645 shares, and has risen its stake in Unilever Plc F Sponsored Adr 1 (NYSE:UL).

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. Argyle Capital Mngmt Incorporated reported 170,177 shares. 10,087 were accumulated by Alpha Windward Ltd Liability Company. Budros Ruhlin & Roe Inc, a Ohio-based fund reported 43,303 shares. Moreover, Gamble Jones Inv Counsel has 0.18% invested in General Electric Company (NYSE:GE) for 105,719 shares. Fragasso Group reported 14,736 shares or 0.06% of all its holdings. Tiemann Advsr Ltd Liability Corporation holds 0.3% in General Electric Company (NYSE:GE) or 21,556 shares. 459,572 are owned by Parallax Volatility Advisers L P. Loomis Sayles And LP invested 0% of its portfolio in General Electric Company (NYSE:GE). Palouse Capital Inc owns 160,423 shares. Everett Harris & Ca has invested 0.69% in General Electric Company (NYSE:GE). Poplar Forest Capital Ltd Liability Corporation has 0.02% invested in General Electric Company (NYSE:GE). Trillium Asset Lc holds 0.01% of its portfolio in General Electric Company (NYSE:GE) for 15,103 shares. Blue Edge Cap Ltd Liability Corp owns 57,723 shares or 0.4% of their US portfolio. Vident Inv Advisory Ltd Liability Co has invested 0.02% in General Electric Company (NYSE:GE). Valmark Advisers, a Ohio-based fund reported 41,079 shares.

Among 23 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Lockheed Martin Corporation had 85 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, October 27 by Bank of America. On Tuesday, January 16 the stock rating was downgraded by Wells Fargo to “Market Perform”. As per Friday, June 9, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating given on Friday, May 13 by Stifel Nicolaus. On Monday, December 5 the stock rating was maintained by Deutsche Bank with “Buy”. As per Friday, April 6, the company rating was maintained by RBC Capital Markets. The company was maintained on Tuesday, July 21 by Argus Research. On Monday, January 29 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Buy” rating by Buckingham Research on Thursday, October 5. The firm has “Underweight” rating given on Tuesday, February 16 by Barclays Capital.

Since January 29, 2018, it had 0 insider purchases, and 2 selling transactions for $9.28 million activity. Another trade for 7,517 shares valued at $2.69M was made by Ambrose Richard F on Thursday, February 1.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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