As Pbf Energy (PBF) Stock Declined, Nordea Investment Management Ab Lifted Position by $2.54 Million; General Electric Company (GE) Holder Sol Capital Management Co Increased Position

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Sol Capital Management Co increased its stake in General Electric Company (GE) by 29.76% based on its latest 2018Q3 regulatory filing with the SEC. Sol Capital Management Co bought 64,967 shares as the company’s stock declined 44.60% with the market. The hedge fund held 283,306 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $3.20 million, up from 218,339 at the end of the previous reported quarter. Sol Capital Management Co who had been investing in General Electric Company for a number of months, seems to be bullish on the $74.35B market cap company. The stock increased 0.56% or $0.05 during the last trading session, reaching $8.55. About 4.16M shares traded. General Electric Company (NYSE:GE) has declined 60.87% since January 10, 2018 and is downtrending. It has underperformed by 60.87% the S&P500. Some Historical GE News: 20/04/2018 – GE Power Revenue Falls Less Than Expected, But ‘challenging’ Conditions Continue — MarketWatch; 25/05/2018 – Liz Claman: GE has `multiple bidders’ for its lighting company: sources; 19/04/2018 – Indy Biz Journal: Cummins considering $3B deal for GE engine business; 11/04/2018 – GE CAPITAL AVIATION SERVICES LEASES TWELVE 737 MAX8S TO JET AIRWAYS; 02/04/2018 – VERITAS CAPITAL – DEAL FOR $1.05 BLN IN CASH; 17/04/2018 – ITALY’S GOVERNMENT SAYS HAS DECIDED TO USE SPECIAL POWERS ON LICENCE GIVEN BY AVIO SPA AND GE AVIO TO ARIANEGROUP FOR THE DEVELOPMENT OF AEROSPACE MATERIAL; 12/03/2018 – GE Awarded New Equity Awards to CEO, CFO in February – Proxy; 04/04/2018 – GE’s Advanced Gas Path Upgrades Generate $775 M in Total Customer Value Annually; 20/04/2018 – Markets Now: Dow Drops 23 Points as GE Jump Not Enough — Barron’s Blog; 21/05/2018 – WABTECH CLIMBS MOST INTRADAY IN A MONTH, AFTER DEAL WITH GE

Nordea Investment Management Ab increased its stake in Pbf Energy (PBF) by 41.85% based on its latest 2018Q3 regulatory filing with the SEC. Nordea Investment Management Ab bought 51,936 shares as the company’s stock declined 35.95% with the market. The institutional investor held 176,036 shares of the integrated oil company at the end of 2018Q3, valued at $8.79 million, up from 124,100 at the end of the previous reported quarter. Nordea Investment Management Ab who had been investing in Pbf Energy for a number of months, seems to be bullish on the $4.15B market cap company. The stock decreased 0.17% or $0.06 during the last trading session, reaching $34.29. About 34,273 shares traded. PBF Energy Inc. (NYSE:PBF) has declined 0.70% since January 10, 2018 and is downtrending. It has underperformed by 0.70% the S&P500. Some Historical PBF News: 03/05/2018 – DELAWARE CITY REFINERY REFORMER WORK SET FOR NOVEMBER: PBF; 07/03/2018 – U.S. refinery workers head to Washington to urge biofuels reform; 06/03/2018 – MASSIVE INCENTIVE TO EXPORT GASOLINE TO AVOID RIN COST: PBF; 13/04/2018 – PBF Chalmette refinery restarts gasoline unit; 19/04/2018 – PBF ENERGY PARTIALLY SHUTS SULFUR PLANT AT ITS DELAWARE CITY, DELAWARE, REFINERY AFTER LEAK; MINIMAL IMPACT ON PRODUCTION; 03/04/2018 – PBF CHALMETTE REFINERY TO RESTART GASOLINE UNIT BY MID-APRIL; 08/05/2018 – PBF ENERGY: REVOLVING LOAN HAS A MAXIMUM COMMITMENT OF $3.4B; 08/05/2018 – PBF HOLDING COMPANY LLC – 2018 REVOLVING LOAN HAS A MAXIMUM COMMITMENT OF $3.4 BLN & A MATURITY DATE OF MAY 2023; 14/05/2018 – VALERO ENERGY – THROUGH UNITS, ACQUIRED PURE BIOFUELS DEL PERU S.A.C. FROM PEGASUS CAPITAL ADVISORS, PBF MANAGEMENT EFFECTIVE MAY 14; 09/04/2018 – PBF Chalmette gasoline unit expected back by Thursday

Investors sentiment decreased to 0.56 in 2018 Q3. Its down 0.03, from 0.59 in 2018Q2. It worsened, 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. 1.37 million were reported by Teacher Retirement Of Texas. Stuyvesant Cap Mngmt invested in 186,725 shares. Boston Family Office stated it has 160,064 shares. Blume Cap accumulated 202,913 shares. Fcg Ltd Liability reported 0.13% stake. Dodge Cox invested in 685,824 shares. Numerixs Tech has invested 0.6% in General Electric Company (NYSE:GE). Balasa Dinverno & Foltz Llc invested in 16,340 shares. Rothschild Investment Corp Il stated it has 0.27% of its portfolio in General Electric Company (NYSE:GE). Bragg Advisors reported 0.3% in General Electric Company (NYSE:GE). Mawer Invest Ltd has 0% invested in General Electric Company (NYSE:GE). Halbert Hargrove Russell Lc stated it has 0.04% in General Electric Company (NYSE:GE). Sg Americas Secs owns 7.20 million shares for 0.6% of their portfolio. Tci Wealth has invested 0.27% in General Electric Company (NYSE:GE). Moreover, American Century has 0.15% invested in General Electric Company (NYSE:GE).

Since July 24, 2018, it had 4 buys, and 0 selling transactions for $5.27 million activity. Another trade for 10,000 shares valued at $94,800 was bought by DIMITRIEF ALEXANDER. 60,000 General Electric Company (NYSE:GE) shares with value of $499,200 were bought by DSOUZA FRANCISCO.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: It Ain’t Goin’ Be Easy – Seeking Alpha” on December 14, 2018, also Finance.Yahoo.com with their article: “Jim Cramer Weighs In On Cisco, General Electric And More – Yahoo Finance” published on December 11, 2018, Fool.com published: “It’s Time to Stop Beating Up General Electric Stock Because of Free Cash Flow – The Motley Fool” on December 23, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Investorplace.com and their article: “4 Top Stock Trades for Monday: GE, TSLA, Gold, JNJ – Investorplace.com” published on December 28, 2018 as well as Seekingalpha.com‘s news article titled: “Wells Fargo warns on containerboard prices – Seeking Alpha” with publication date: January 09, 2019.

Among 30 analysts covering General Electric Company (NYSE:GE), 12 have Buy rating, 3 Sell and 15 Hold. Therefore 40% are positive. General Electric Company had 122 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Friday, May 12 by Deutsche Bank. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, April 24. RBC Capital Markets has “Outperform” rating and $35 target. The rating was maintained by Deutsche Bank on Wednesday, October 31 with “Hold”. The rating was upgraded by Wolfe Research to “Outperform” on Tuesday, October 2. The firm has “Outperform” rating by RBC Capital Markets given on Monday, October 19. UBS maintained General Electric Company (NYSE:GE) on Wednesday, September 5 with “Neutral” rating. JP Morgan maintained General Electric Company (NYSE:GE) rating on Tuesday, March 13. JP Morgan has “Underweight” rating and $11 target. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, August 7 by Cowen & Co. The stock of General Electric Company (NYSE:GE) earned “Neutral” rating by Bank of America on Friday, July 27. The rating was maintained by Citigroup with “Buy” on Thursday, January 25.

Investors sentiment increased to 1.43 in Q3 2018. Its up 0.10, from 1.33 in 2018Q2. It increased, as 28 investors sold PBF shares while 96 reduced holdings. 63 funds opened positions while 114 raised stakes. 107.22 million shares or 5.12% more from 102.00 million shares in 2018Q2 were reported. Parallax Volatility Advisers Limited Partnership reported 174 shares. Citigroup Inc has invested 0% in PBF Energy Inc. (NYSE:PBF). Hartford Incorporated reported 40 shares or 0% of all its holdings. State Street Corporation reported 4.60 million shares or 0.02% of all its holdings. Qs Investors Limited Company holds 0.02% or 34,723 shares. Shelton Cap Management holds 0.02% or 7,881 shares in its portfolio. Ny State Teachers Retirement System owns 80,817 shares for 0.01% of their portfolio. Asset Mgmt owns 0.2% invested in PBF Energy Inc. (NYSE:PBF) for 242,829 shares. Convergence Invest Partners Limited Liability Corp has invested 0.54% in PBF Energy Inc. (NYSE:PBF). Jacobs Levy Equity Management holds 0.24% or 343,707 shares. Globeflex Lp accumulated 59,627 shares. Federated Invsts Pa has 0.05% invested in PBF Energy Inc. (NYSE:PBF). Barclays Public Ltd Liability Com holds 115,706 shares. Stevens Mgmt LP holds 6,957 shares or 0.01% of its portfolio. Green Square Capital Limited Liability Co reported 35,343 shares.

Another recent and important PBF Energy Inc. (NYSE:PBF) news was published by Benzinga.com which published an article titled: “5 Biggest Price Target Changes For Monday – Benzinga” on December 31, 2018.

Among 19 analysts covering PBF Energy Inc (NYSE:PBF), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. PBF Energy Inc had 80 analyst reports since July 24, 2015 according to SRatingsIntel. The company was upgraded on Monday, November 14 by Wolfe Research. The stock of PBF Energy Inc. (NYSE:PBF) earned “Buy” rating by Citigroup on Monday, August 7. The company was upgraded on Monday, October 12 by Barclays Capital. The rating was upgraded by Goldman Sachs to “Neutral” on Friday, September 7. The stock of PBF Energy Inc. (NYSE:PBF) has “Hold” rating given on Thursday, July 6 by RBC Capital Markets. The stock of PBF Energy Inc. (NYSE:PBF) has “Underweight” rating given on Monday, October 10 by Barclays Capital. Barclays Capital maintained it with “Underweight” rating and $26 target in Tuesday, October 10 report. The rating was maintained by Credit Suisse with “Neutral” on Monday, January 7. The firm earned “Buy” rating on Wednesday, January 10 by Scotia Capital. The firm has “Neutral” rating by JP Morgan given on Monday, July 11.

Nordea Investment Management Ab, which manages about $48.52B US Long portfolio, decreased its stake in F5 Networks (NASDAQ:FFIV) by 32,876 shares to 273,302 shares, valued at $54.50M in 2018Q3, according to the filing. It also reduced its holding in Signature Bank/New York Ny (NASDAQ:SBNY) by 38,313 shares in the quarter, leaving it with 1.18M shares, and cut its stake in Ppg Industries (NYSE:PPG).

PBF Energy Inc. (NYSE:PBF) Institutional Positions Chart