Marble Harbor Investment Counsel Lowered General Electric Co (GE) Holding; Last Week The Sage Group plc (LON:SGE) Coverage

The Sage Group plc (LON:SGE) Logo

Marble Harbor Investment Counsel Llc decreased General Electric Co (GE) stake by 8.6% reported in 2018Q3 SEC filing. Marble Harbor Investment Counsel Llc sold 38,555 shares as General Electric Co (GE)’s stock declined 44.60%. The Marble Harbor Investment Counsel Llc holds 409,700 shares with $4.63M value, down from 448,255 last quarter. General Electric Co now has $77.54 billion valuation. The stock decreased 0.28% or $0.02 during the last trading session, reaching $8.91. About 41.39M shares traded. General Electric Company (NYSE:GE) has declined 60.87% since January 11, 2018 and is downtrending. It has underperformed by 60.87% the S&P500. Some Historical GE News: 17/04/2018 – MEDIA-GE’s Jenbacher is attracting interest from Cummins, CVC – Bloomberg; 22/05/2018 – CNBC Wires: EXCLUSIVE-GE seeking to shed troubled insurance business; 21/05/2018 – U.S. natgas futures ease as LNG exports decline; 04/05/2018 – Warren Buffett says he is not looking to buy General Electric; 20/04/2018 – GE – GE CAPITAL RESULTS FOR QTR INCLUDE $45 MLN CHARGE RELATED TO UPDATES TO U.S. TAX REFORM IMPACT ON ENERGY INVESTMENTS; 09/04/2018 – GE’S NASON: ENERGY STORAGE IS ONE RISK FOR INVESTING IN GAS; 25/04/2018 – Global LED Industrial Lighting Market 2018-2022 with CREE, Dialight, Eaton & General Electric Dominating – ResearchAndMarkets.com; 24/05/2018 – Flannery resists pressure for quick fixes at GE; 20/04/2018 – General Electric 1Q Transportation Rev $872M; 05/04/2018 – GLASS LEWIS RECOMMENDS GE HOLDERS VOTE AGAINST AUDITOR

Among 9 analysts covering Sage Group The PLC (LON:SGE), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Sage Group The PLC had 22 analyst reports since August 2, 2018 according to SRatingsIntel. The stock has “Buy” rating by Shore Capital on Thursday, August 2. The stock of The Sage Group plc (LON:SGE) earned “Hold” rating by Numis Securities on Friday, August 3. The rating was maintained by Shore Capital with “Buy” on Wednesday, November 21. On Monday, August 20 the stock rating was downgraded by Deutsche Bank to “Sell”. The firm earned “Underweight” rating on Thursday, November 22 by Barclays Capital. UBS maintained it with “Neutral” rating and GBX 700 target in Friday, August 3 report. The firm has “Neutral” rating given on Tuesday, September 25 by UBS. The stock of The Sage Group plc (LON:SGE) has “Hold” rating given on Tuesday, October 30 by Canaccord Genuity. On Tuesday, October 9 the stock rating was downgraded by Barclays Capital to “Underweight”. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, September 12. See The Sage Group plc (LON:SGE) latest ratings:

10/01/2019 Broker: JP Morgan Rating: Neutral Old Target: GBX 560.00 New Target: GBX 620.00 Maintain
09/01/2019 Broker: Barclays Capital Rating: Underweight Old Target: GBX 495.00 Maintain
06/12/2018 Broker: Barclays Capital Rating: Underweight Maintain
26/11/2018 Broker: UBS Rating: Neutral Old Target: GBX 700.00 New Target: GBX 590.00 Unchanged
22/11/2018 Broker: JP Morgan Rating: Neutral New Target: GBX 560.00 Maintain
22/11/2018 Broker: Barclays Capital Rating: Underweight Old Target: GBX 495.00 Maintain
22/11/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 540.00 New Target: GBX 505.00 Maintain
21/11/2018 Broker: Shore Capital Rating: Buy Old Target: GBX 540.00 Maintain
06/11/2018 Broker: UBS Rating: Neutral Old Target: GBX 700.00 Maintain
02/11/2018 Broker: Shore Capital Rating: Buy Maintain

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 31 before the open. They expect $0.18 earnings per share, down 33.33% or $0.09 from last year’s $0.27 per share. GE’s profit will be $1.57 billion for 12.38 P/E if the $0.18 EPS becomes a reality. After $0.14 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Among 9 analysts covering General Electric (NYSE:GE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. General Electric had 15 analyst reports since July 12, 2018 according to SRatingsIntel. Citigroup maintained General Electric Company (NYSE:GE) on Tuesday, October 30 with “Buy” rating. Barclays Capital upgraded General Electric Company (NYSE:GE) on Monday, October 8 to “Overweight” rating. The stock of General Electric Company (NYSE:GE) has “Neutral” rating given on Thursday, December 13 by JP Morgan. On Wednesday, October 31 the stock rating was upgraded by UBS to “Buy”. Deutsche Bank maintained General Electric Company (NYSE:GE) on Wednesday, October 31 with “Hold” rating. The rating was upgraded by RBC Capital Markets to “Outperform” on Tuesday, October 2. Argus Research downgraded General Electric Company (NYSE:GE) on Monday, July 23 to “Hold” rating. Deutsche Bank maintained it with “Hold” rating and $13 target in Friday, September 28 report. As per Friday, July 27, the company rating was maintained by Bank of America. Deutsche Bank maintained the shares of GE in report on Thursday, July 12 with “Hold” rating.

Since July 24, 2018, it had 4 buys, and 0 selling transactions for $5.27 million activity. DSOUZA FRANCISCO had bought 60,000 shares worth $499,200 on Wednesday, November 14. CULP H LAWRENCE JR bought $2.49 million worth of stock. $94,800 worth of General Electric Company (NYSE:GE) was bought by DIMITRIEF ALEXANDER.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric Will Be A Penny Stock In 2019 – Seeking Alpha” on January 09, 2019, also Investorplace.com with their article: “The Outlook on GE Stock Has Greatly Improved – Investorplace.com” published on January 10, 2019, Finance.Yahoo.com published: “5 Top Stock Trades for Thursday: Trading GE, MU and SWKS – Yahoo Finance” on January 09, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: 247Wallst.com and their article: “The 5 Most Shorted NYSE Stocks – 24/7 Wall St.” published on January 11, 2019 as well as Seekingalpha.com‘s news article titled: “3 Reasons Why I Just Tripled My GE Position – Seeking Alpha” with publication date: January 07, 2019.

Investors sentiment decreased to 0.56 in Q3 2018. Its down 0.03, from 0.59 in 2018Q2. It fall, 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. Adage Prtn Grp Lc holds 0.12% or 4.62M shares. Southeast Asset Advisors, Georgia-based fund reported 11,722 shares. First Fiduciary Inv Counsel invested 1.69% in General Electric Company (NYSE:GE). Engines Advisors Ltd Limited Liability Company, a California-based fund reported 573 shares. Ithaka Gp Ltd Company holds 0.02% or 11,500 shares in its portfolio. Landscape Cap Mgmt Limited Liability accumulated 151,048 shares or 0.13% of the stock. Marble Harbor Invest Counsel Ltd, Massachusetts-based fund reported 409,700 shares. Jpmorgan Chase Communications holds 0.03% or 11.99M shares in its portfolio. Guardian Inv Mgmt reported 1.24% of its portfolio in General Electric Company (NYSE:GE). Lombard Odier Asset Mgmt (Switzerland) Sa has invested 0.05% in General Electric Company (NYSE:GE). Brookstone invested 0.37% of its portfolio in General Electric Company (NYSE:GE). Sterneck Capital Llc owns 35,247 shares for 0.29% of their portfolio. First Quadrant Lp Ca stated it has 0% of its portfolio in General Electric Company (NYSE:GE). 167,994 were accumulated by Amica Mutual Ins. United Fire Gru stated it has 275,000 shares or 1.13% of all its holdings.

General Electric Company (NYSE:GE) Institutional Positions Chart