Strategic Financial Services Holding in General Electric Co. (GE) Has Upped by $679,320; Lg Display Co LTD Adr (LPL) Shares Rose While Connor Clark & Lunn Investment Management LTD Has Raised Its Stake

January 17, 2018 - By Henry Gaston

Connor Clark & Lunn Investment Management Ltd increased its stake in Lg Display Co Ltd Adr (LPL) by 52.83% based on its latest 2017Q3 regulatory filing with the SEC. Connor Clark & Lunn Investment Management Ltd bought 622,001 shares as the company’s stock rose 6.62% with the market. The institutional investor held 1.80M shares of the capital goods company at the end of 2017Q3, valued at $24.15 million, up from 1.18M at the end of the previous reported quarter. Connor Clark & Lunn Investment Management Ltd who had been investing in Lg Display Co Ltd Adr for a number of months, seems to be bullish on the $9.68B market cap company. The stock increased 1.46% or $0.21 during the last trading session, reaching $14.61. About 659,294 shares traded. LG Display Co., Ltd. (NYSE:LPL) has risen 29.00% since January 17, 2017 and is uptrending. It has outperformed by 12.30% the S&P500.

Strategic Financial Services Inc increased its stake in General Electric Co. (GE) by 13.14% based on its latest 2017Q3 regulatory filing with the SEC. Strategic Financial Services Inc bought 28,305 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 243,655 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $5.89 million, up from 215,350 at the end of the previous reported quarter. Strategic Financial Services Inc who had been investing in General Electric Co. for a number of months, seems to be bullish on the $151.42B market cap company. The stock decreased 4.12% or $0.75 during the last trading session, reaching $17.46. About 110.90M shares traded or 31.30% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 17, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Since August 8, 2017, it had 2 buys, and 1 sale for $4.48 million activity. Flannery John Leonard bought $2.66M worth of stock or 103,983 shares. $2.46 million worth of stock was bought by TISCH JAMES S on Tuesday, August 22.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. General Electric Company had 81 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of GE in report on Monday, October 19 with “Outperform” rating. The firm has “Sell” rating given on Friday, May 12 by Deutsche Bank. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Thursday, October 6. Morgan Stanley has “Equal-Weight” rating and $31 target. Morgan Stanley maintained it with “Equal-Weight” rating and $27 target in Monday, July 17 report. The rating was maintained by Stifel Nicolaus with “Hold” on Sunday, December 10. The firm earned “Buy” rating on Friday, July 7 by Stifel Nicolaus. Citigroup initiated the stock with “Buy” rating in Thursday, January 21 report. Stifel Nicolaus downgraded the stock to “Hold” rating in Tuesday, October 24 report. The rating was maintained by RBC Capital Markets on Friday, September 15 with “Buy”. The stock of General Electric Company (NYSE:GE) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 14.

Strategic Financial Services Inc, which manages about $605.49 million US Long portfolio, decreased its stake in Ishares Russell 1000 Growth In (IWF) by 5,962 shares to 244,617 shares, valued at $30.59 million in 2017Q3, according to the filing.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It turned negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Sfe Invest Counsel invested in 1.87% or 183,569 shares. Moreover, Cypress Cap Grp has 0.83% invested in General Electric Company (NYSE:GE). Port Strategies holds 0.01% of its portfolio in General Electric Company (NYSE:GE) for 170 shares. Barrow Hanley Mewhinney & Strauss Ltd Liability Company reported 1.97% stake. Kornitzer Mgmt Ks holds 0.99% or 2.35M shares in its portfolio. Neuberger Berman Gp Lc reported 2.44 million shares stake. 129,120 are held by Neumann Capital Management Limited Liability Company. Lowe Brockenbrough has invested 1.42% in General Electric Company (NYSE:GE). Pinebridge Investments LP holds 1.33 million shares. Palouse Management accumulated 190,591 shares. Cypress Lc holds 0.8% or 156,489 shares. Hawkins Capital LP holds 483,918 shares or 4.85% of its portfolio. Hallmark invested in 10,175 shares or 0.03% of the stock. Jacobs Comm Ca reported 1.24% in General Electric Company (NYSE:GE). Two Sigma Ltd Company holds 19,795 shares or 0.04% of its portfolio.

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