First National Bank Of Mount Dora Trust Investment Services Lifted Its Amphenol New (APH) Holding; Nbt Bank N A Decreased By $958,932 Its General Electric (GE) Stake

June 24, 2018 - By John Hoffman

General Electric Company (NYSE:GE) Logo

Nbt Bank N A decreased General Electric Corp (GE) stake by 19.88% reported in 2018Q1 SEC filing. Nbt Bank N A sold 73,764 shares as General Electric Corp (GE)’s stock declined 0.14%. The Nbt Bank N A holds 297,319 shares with $4.01M value, down from 371,083 last quarter. General Electric Corp now has $113.34B valuation. The stock increased 2.27% or $0.29 during the last trading session, reaching $13.05. About 74.12M shares traded or 9.32% up from the average. General Electric Company (NYSE:GE) has declined 46.78% since June 24, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 16/03/2018 – For first time ever, top GE execs earn no cash bonuses; 22/05/2018 – CNBC Wires: REFILE-EXCLUSIVE-GE seeking to shed troubled insurance business; 16/05/2018 – LUV: GE USES ADDITIONAL INSPECTION STEP ON ENGINE FAN BLADES; 21/05/2018 – WABTEC – CEO RAYMOND T. BETLER WILL REMAIN PRESIDENT AND CEO OF THE MERGED COMPANY; 23/05/2018 – GE CEO: TRYING TO `MANAGE DOWN’ GE CAPITAL INSURANCE EXPOSURE; 12/03/2018 – GE Didn’t Pay Bonuses to CEO, Top Executives in 2017; 20/04/2018 – General Electric Backs 2018 Target of Adj EPS $1.00-Adj EPS $1.07; 25/04/2018 – GE CEO: BUSINESS UNITS `NEED TO BE THE CENTER OF GRAVITY’; 16/04/2018 – GE POWER TO SERVICE EQUIPMENT IN 11 PLANTS OWNED BY PETROBRAS; 13/03/2018 – GE Is Dow’s Laggard as JPMorgan Casts Doubt on Profit Forecast

First National Bank Of Mount Dora Trust Investment Services increased Amphenol Corp New (APH) stake by 16.92% reported in 2018Q1 SEC filing. First National Bank Of Mount Dora Trust Investment Services acquired 6,254 shares as Amphenol Corp New (APH)’s stock declined 5.56%. The First National Bank Of Mount Dora Trust Investment Services holds 43,214 shares with $3.72M value, up from 36,960 last quarter. Amphenol Corp New now has $26.89B valuation. The stock increased 0.84% or $0.74 during the last trading session, reaching $89.2. About 1.30 million shares traded or 3.34% up from the average. Amphenol Corporation (NYSE:APH) has risen 17.03% since June 24, 2017 and is uptrending. It has outperformed by 4.46% the S&P500. Some Historical APH News: 25/04/2018 – Amphenol Sees FY Sales $7.63B-$7.75B; 25/04/2018 – AMPHENOL CORP – ON APRIL 24, 2018, COMPANY’S BOARD OF DIRECTORS APPROVED A 21% INCREASE IN DIVIDEND; 25/04/2018 – Amphenol 1Q EPS 84c; 02/04/2018 – Anne Clarke Wolff Appointed to Board of Directors of Amphenol Corporation; 25/04/2018 – AMPHENOL 1Q ADJ EPS 83C, EST. 80C; 30/04/2018 – Voya MidCap Opportunities Adds NetApp, Exits Amphenol; 27/03/2018 – Amphenol Field Trip Scheduled By SunTrust for Apr. 3; 25/04/2018 – AMPHENOL CORP – OVERALL DEMAND ENVIRONMENT HAS IMPROVED; 16/05/2018 – Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Settled | 05/16/2018; 02/04/2018 – Amphenol Names BofA Merrill’s Anne Clarke Wolff to Board

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 earnings per share, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48 billion for 19.19 P/E if the $0.17 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

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 has $67 highest and $1100 lowest target. $24.91’s average target is 90.88% above currents $13.05 stock price. 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 Stifel Nicolaus on Friday, April 27. As per Wednesday, September 16, the company rating was upgraded by Credit Suisse. On Tuesday, March 13 the stock rating was maintained by JP Morgan with “Underweight”. The company was upgraded on Monday, October 23 by Bank of America. Citigroup initiated the shares of GE in report on Thursday, January 21 with “Buy” rating. Stifel Nicolaus maintained the shares of GE in report on Tuesday, June 13 with “Buy” rating. The company was maintained on Sunday, December 10 by Stifel Nicolaus. The rating was maintained by JP Morgan on Monday, February 12 with “Underweight”. The firm has “Sell” rating by J.P. Morgan given on Wednesday, May 30. The firm has “Hold” rating given on Monday, June 12 by Cowen & Co.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It increased, 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. Spark Investment Mngmt Ltd Liability Company reported 0.03% of its portfolio in General Electric Company (NYSE:GE). Hourglass Ltd Liability, Texas-based fund reported 13,500 shares. Merriman Wealth Mgmt Limited Liability Company owns 64,068 shares. Doheny Asset Management Ca holds 0.32% or 45,325 shares in its portfolio. Brown Cap Ltd Liability Company holds 51,884 shares. Highlander Capital Mngmt Ltd owns 203,031 shares or 1.58% of their US portfolio. 304,451 were reported by Winslow Asset Management Inc. Foster & Motley Inc reported 18,016 shares. Berson Corrado Invest Limited Liability Company owns 0.15% invested in General Electric Company (NYSE:GE) for 18,590 shares. Kornitzer Mngmt Ks owns 2.07 million shares. 52,750 are held by Advisors Capital Limited Company. Lombard Odier Asset Management (Switzerland) Sa has invested 0.04% in General Electric Company (NYSE:GE). Nj State Employees Deferred Compensation Plan reported 41,228 shares stake. Pekin Singer Strauss Asset Il has 0.94% invested in General Electric Company (NYSE:GE) for 379,741 shares. Pictet Asset, a United Kingdom-based fund reported 4.63M shares.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Goldman: GE should suspend dividend for 18 months” on June 22, 2018, also Benzinga.com with their article: “What DJIA Changes Mean For GE, Walgreens Investors” published on June 22, 2018, Finance.Yahoo.com published: “General Electric (GE) Secures Order for 50 New Locomotives” on June 23, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE sticks to plan despite Dow boot” published on June 20, 2018 as well as Thestreet.com‘s news article titled: “Why GE’s Stock Has Fallen 15% in the Last 30 Days” with publication date: June 17, 2018.

Since January 26, 2018, it had 1 buy, and 0 insider sales for $43,446 activity. The insider DIMITRIEF ALEXANDER bought 2,689 shares worth $43,446.

Since February 2, 2018, it had 0 insider purchases, and 1 insider sale for $920,699 activity. $920,699 worth of Amphenol Corporation (NYSE:APH) was sold by D’AMICO LANCE E on Friday, February 2.

Among 11 analysts covering Amphenol (NYSE:APH), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Amphenol has $105.0 highest and $52 lowest target. $84’s average target is -5.83% below currents $89.2 stock price. Amphenol had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus on Friday, March 2 to “Hold”. The firm earned “Neutral” rating on Thursday, October 26 by SunTrust. On Thursday, January 21 the stock rating was maintained by Suntrust Robinson with “Neutral”. Morgan Stanley maintained Amphenol Corporation (NYSE:APH) rating on Wednesday, December 13. Morgan Stanley has “Equal-Weight” rating and $85 target. The firm has “Buy” rating given on Tuesday, January 9 by Cowen & Co. The firm has “Top Pick” rating given on Thursday, October 20 by RBC Capital Markets. The firm earned “Top Pick” rating on Friday, January 15 by RBC Capital Markets. The stock has “Buy” rating by Deutsche Bank on Thursday, October 26. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, October 4. The firm earned “Top Pick” rating on Tuesday, June 27 by RBC Capital Markets.

First National Bank Of Mount Dora Trust Investment Services decreased Intel Corp (NASDAQ:INTC) stake by 6,800 shares to 129,645 valued at $6.75 million in 2018Q1. It also reduced Public Svc Enterprise Group (NYSE:PEG) stake by 9,700 shares and now owns 86,727 shares. Microsoft Corp (NASDAQ:MSFT) was reduced too.

General Electric Company (NYSE:GE) Institutional Positions Chart