General Electric Co (GE) Holder Bonness Enterprises Trimmed Its Stake by $838,600; Burgundy Asset Management LTD Cut Its Ritchie Bros. Auctioneers (RBA) Stake by $31.25 Million; Share Price Rose

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Bonness Enterprises Inc decreased its stake in General Electric Co (GE) by 52% based on its latest 2018Q4 regulatory filing with the SEC. Bonness Enterprises Inc sold 119,800 shares as the company’s stock rose 39.52% with the market. The institutional investor held 110,578 shares of the consumer electronics and appliances company at the end of 2018Q4, valued at $837,000, down from 230,378 at the end of the previous reported quarter. Bonness Enterprises Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $86.70B market cap company. The stock decreased 3.30% or $0.34 during the last trading session, reaching $9.96. About 189.19 million shares traded or 55.67% up from the average. General Electric Company (NYSE:GE) has declined 22.98% since March 17, 2018 and is downtrending. It has underperformed by 27.35% the S&P500. Some Historical GE News: 16/05/2018 – GE ANNOUNCES NEW AGP ORDER W/ OHGISHMA POWER; 09/03/2018 – General Electric is exploring a sale of the electrical engineering business which it acquired for $3.2 billion in 2011; 22/03/2018 – GENERAL ELECTRIC CO GE.N – SOLUTION WILL ENABLE ALMOST DOUBLE TRAFFIC IN CHANNEL TUNNEL; 03/05/2018 – GE Warns It Might Put Subprime Lending Unit Into Bankruptcy Filing; 14/03/2018 – GE AVIATION PRESENTATION AT JPMORGAN CONFERENCE CONCLUDES; 06/03/2018 – REG-General Electric Capital Corporation FRN Variable Rate Fix; 23/03/2018 – Boeing set to win wide-body jet order from American; 13/04/2018 – GE: 2016 EPS Reduced by 13c, In Line With Estimate in 10-K; 02/04/2018 – TIAN GE INTERACTIVE HOLDINGS LTD 1980.HK – FY ADJUSTED REVENUE RMB1.0 BLN, UP 20.4 PCT; 23/05/2018 – GERMAN SOLAR BATTERY MAKER SONNEN SAYS SECURES 60 MLN EUROS IN FUNDING FROM SHELL VENTURES, OTHER INVESTORS

Burgundy Asset Management Ltd decreased its stake in Ritchie Bros. Auctioneers Inc. (RBA) by 41.52% based on its latest 2018Q4 regulatory filing with the SEC. Burgundy Asset Management Ltd sold 976,540 shares as the company’s stock rose 0.11% with the market. The institutional investor held 1.38M shares of the business services company at the end of 2018Q4, valued at $45.01 million, down from 2.35M at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Ritchie Bros. Auctioneers Inc. for a number of months, seems to be less bullish one the $3.68 billion market cap company. The stock decreased 0.44% or $0.15 during the last trading session, reaching $33.86. About 356,136 shares traded. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has risen 8.80% since March 17, 2018 and is uptrending. It has outperformed by 4.43% the S&P500. Some Historical RBA News: 08/04/2018 – RPT-DEUTSCHE BANK DBKGn.DE DEPUTY CO-CEO SCHENCK CLOSE TO LEAVING BANK, INVESTMENT BANK TO BE LED BY GARTH RITCHIE; 08/04/2018 – DB SPVY BOARD IS SAID TO CONSIDER VON ROHR, RITCHIE AS DEPUTIES; 10/05/2018 – RITCHIE BROS 1Q ADJ EPS 16C, EST. 17C; 07/05/2018 – Ritchie Bros. Publishes Monthly Auction Metrics; 20/03/2018 – New York City Councilman Ritchie Torres launched an investigation Monday; 10/05/2018 – Ritchie Bros 1Q EPS 16c; 05/03/2018 Hometown Source: LWV Edina hosts Mark Ritchie; 05/04/2018 – Ritchie Serves on Management Board, Oversees Global Markets; 10/05/2018 – Ritchie Bros 1Q Rev $260.2M; 17/05/2018 – PRESS RELEASE – RITCHIE BROS. SELLS US$44+ MILLION OF EQUIPMENT IN FORT WORTH, TX AUCTION

More notable recent General Electric Company (NYSE:GE) news were published by: which released: “Forget General Electric: Brookfield Asset Management Is a Better Value Stock – The Motley Fool” on February 23, 2019, also with their article: “General Electric’s Biopharma Unit Sale Looks Like a Win-Win – The Motley Fool” published on March 04, 2019, published: “General Electric: Potential To Double Your Money – Seeking Alpha” on March 08, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: and their article: “5 Top Stock Trades for Wednesday: GE, Aurora Cannabis, Target Earnings –” published on March 05, 2019 as well as‘s news article titled: “Analysts Remain Skeptical Amid General Electric’s Aggressive Asset Sales (NYSE:GE) – Benzinga” with publication date: March 04, 2019.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 19. They expect $0.11 EPS, down 31.25% or $0.05 from last year’s $0.16 per share. GE’s profit will be $957.56 million for 22.64 P/E if the $0.11 EPS becomes a reality. After $0.17 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -35.29% negative EPS growth.

Since November 1, 2018, it had 3 insider purchases, and 0 insider sales for $2.78 million activity. DSOUZA FRANCISCO bought $499,200 worth of General Electric Company (NYSE:GE) on Wednesday, November 14. $94,800 worth of General Electric Company (NYSE:GE) was bought by DIMITRIEF ALEXANDER.

Investors sentiment decreased to 0.5 in 2018 Q4. Its down 0.06, from 0.56 in 2018Q3. It fall, as 148 investors sold GE shares while 738 reduced holdings. 143 funds opened positions while 301 raised stakes. 4.80 billion shares or 5.74% more from 4.54 billion shares in 2018Q3 were reported. Broderick Brian C, a Massachusetts-based fund reported 61,615 shares. Cove Street Cap Ltd Co has 290,200 shares. One Management Ltd Llc holds 0.02% in General Electric Company (NYSE:GE) or 12,295 shares. Chesapeake Asset Mngmt Limited Liability Co owns 0.29% invested in General Electric Company (NYSE:GE) for 20,525 shares. 3.62 million are owned by Putnam Ltd. Signature Mngmt invested in 20,225 shares or 0.04% of the stock. Beck Mack Oliver Llc holds 0.02% or 66,344 shares. Reliance Trust Of Delaware has invested 0.17% in General Electric Company (NYSE:GE). Tocqueville Asset Management Ltd Partnership accumulated 0.28% or 2.45M shares. Burke Herbert National Bank & Trust Trust Company holds 0.6% or 80,934 shares in its portfolio. Swiss Savings Bank stated it has 0.27% of its portfolio in General Electric Company (NYSE:GE). Hightower Serv Lta reported 120,034 shares. Tdam Usa reported 317,750 shares stake. Royal Bank Of Canada reported 13.03 million shares. Thrivent Finance For Lutherans has invested 0.01% in General Electric Company (NYSE:GE).

Burgundy Asset Management Ltd, which manages about $19.85B and $9.37B US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 142,200 shares to 1.26 million shares, valued at $198.82M in 2018Q4, according to the filing. It also increased its holding in Oaktree Capital Group Llc (NYSE:OAK) by 125,631 shares in the quarter, for a total of 549,910 shares, and has risen its stake in Gentex Corp. (NASDAQ:GNTX).

General Electric Company (NYSE:GE) Institutional Positions Chart