Centurylink Investment Management Company Increased By $1.55 Million Its General Elec Co (GE) Stake; WENDEL INVESTISSEMENT ACT FRANCE EUR (WNDLF) Shorts Decreased By 0.42%

March 31, 2018 - By Annabelle Johnson

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Centurylink Investment Management Company increased General Elec Co (GE) stake by 111.91% reported in 2017Q4 SEC filing. Centurylink Investment Management Company acquired 91,442 shares as General Elec Co (GE)’s stock declined 23.20%. The Centurylink Investment Management Company holds 173,149 shares with $3.02M value, up from 81,707 last quarter. General Elec Co now has $117.05 billion valuation. The stock decreased 1.46% or $0.2 during the last trading session, reaching $13.48. About 74.51M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since March 31, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

WENDEL INVESTISSEMENT ACT FRANCE EUR (OTCMKTS:WNDLF) had a decrease of 0.42% in short interest. WNDLF’s SI was 239,600 shares in March as released by FINRA. Its down 0.42% from 240,600 shares previously. With 100 avg volume, 2396 days are for WENDEL INVESTISSEMENT ACT FRANCE EUR (OTCMKTS:WNDLF)’s short sellers to cover WNDLF’s short positions. The SI to WENDEL INVESTISSEMENT ACT FRANCE EUR’s float is 0.88%. It closed at $176.75 lastly. It is down 0.00% since March 31, 2017 and is . It has underperformed by 11.55% the S&P500.

Centurylink Investment Management Company decreased Pnc Finl Svcs Group Inc (NYSE:PNC) stake by 2,830 shares to 15,281 valued at $2.21M in 2017Q4. It also reduced Norfolk Southn Corp (NYSE:NSC) stake by 2,873 shares and now owns 13,098 shares. Amazon Com Inc (NASDAQ:AMZN) was reduced too.

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 has $67 highest and $1100 lowest target. $25.43’s average target is 88.65% above currents $13.48 stock price. General Electric Company had 96 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, July 17 by Oppenheimer. TheStreet upgraded General Electric Company (NYSE:GE) on Tuesday, July 21 to “Buy” rating. The firm has “Equal-Weight” rating given on Tuesday, July 25 by Morgan Stanley. As per Friday, July 7, the company rating was maintained by Stifel Nicolaus. Bank of America downgraded it to “Neutral” rating and $31 target in Wednesday, April 26 report. The firm earned “Hold” rating on Thursday, October 19 by Cowen & Co. On Thursday, May 12 the stock rating was initiated by JP Morgan with “Underweight”. The firm earned “Equal-Weight” rating on Monday, July 17 by Morgan Stanley. BMO Capital Markets maintained the shares of GE in report on Thursday, March 23 with “Hold” rating. The firm earned “Outperform” rating on Thursday, October 5 by Credit Suisse.

Investors sentiment decreased to 0.5 in 2017 Q4. 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. Weybosset Mngmt Ltd Com accumulated 15,570 shares or 0.17% of the stock. Engineers Gate Manager LP reported 84,360 shares. Mawer Investment Management Limited owns 0% invested in General Electric Company (NYSE:GE) for 10,000 shares. 15,514 are held by Gemmer Asset Management Ltd Limited Liability Company. Evergreen Cap Mgmt Ltd Limited Liability Company stated it has 79,038 shares or 0.14% of all its holdings. Amer Natl Insur Tx owns 835,375 shares for 0.73% of their portfolio. Earnest Prtnrs Ltd Liability Com reported 4,149 shares or 0% of all its holdings. Moreover, Veritable Ltd Partnership has 0.1% invested in General Electric Company (NYSE:GE) for 296,459 shares. Usca Ria Limited Liability has invested 0.23% of its portfolio in General Electric Company (NYSE:GE). Canandaigua National Bank And Trust accumulated 296,002 shares. Park National Corp Oh invested in 949,512 shares. Jpmorgan Chase & accumulated 35.67 million shares. Bancorp Of The Ozarks owns 0.61% invested in General Electric Company (NYSE:GE) for 92,817 shares. Guyasuta Investment Advisors has invested 0.42% in General Electric Company (NYSE:GE). Gofen And Glossberg Lc Il reported 1.56M shares or 0.98% of all its holdings.

Since January 26, 2018, it had 1 buy, and 0 selling transactions for $43,446 activity. DIMITRIEF ALEXANDER also bought $43,446 worth of General Electric Company (NYSE:GE) shares.

Wendel is a private equity firm specializing in equity financing in middle markets and later stages through leveraged buy-out transactions. The company has market cap of $7.31 billion. The firm invests in companies operating in firm services, certification, chemicals, building materials, telecommunications, and utilities. It has a 84.05 P/E ratio. It invests in both listed and non-listed companies.

General Electric Company (NYSE:GE) Institutional Positions Chart