Shell Asset Management Co Has Increased Hershey Co (HSY) Stake; Blackhill Capital Trimmed General Electric Co Com (GE) Holding

December 8, 2017 - By Maria Brooks

Shell Asset Management Co increased Hershey Co (HSY) stake by 15.7% reported in 2017Q2 SEC filing. Shell Asset Management Co acquired 4,067 shares as Hershey Co (HSY)’s stock rose 4.41%. The Shell Asset Management Co holds 29,968 shares with $3.22M value, up from 25,901 last quarter. Hershey Co now has $23.93B valuation. The stock decreased 0.18% or $0.2 during the last trading session, reaching $113.56. About 689,838 shares traded. The Hershey Company (NYSE:HSY) has risen 23.54% since December 8, 2016 and is uptrending. It has outperformed by 6.84% the S&P500.

Blackhill Capital Inc decreased General Electric Co Com (GE) stake by 6.83% reported in 2017Q2 SEC filing. Blackhill Capital Inc sold 24,000 shares as General Electric Co Com (GE)’s stock declined 7.64%. The Blackhill Capital Inc holds 327,200 shares with $8.84M value, down from 351,200 last quarter. General Electric Co Com now has $153.58B valuation. The stock increased 0.28% or $0.05 during the last trading session, reaching $17.71. About 55.58 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since December 8, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.28 EPS, down 39.13% or $0.18 from last year’s $0.46 per share. GE’s profit will be $2.43B for 15.81 P/E if the $0.28 EPS becomes a reality. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1. It turned negative, as 85 investors sold GE shares while 816 reduced holdings. 111 funds opened positions while 598 raised stakes. 4.61 billion shares or 0.66% more from 4.58 billion shares in 2017Q1 were reported. Schaper Benz Wise Invest Counsel Wi holds 0.81% of its portfolio in General Electric Company (NYSE:GE) for 187,639 shares. Eagle Ridge Management holds 31,029 shares or 0.08% of its portfolio. Moore LP stated it has 0.02% of its portfolio in General Electric Company (NYSE:GE). Central reported 1.48% of its portfolio in General Electric Company (NYSE:GE). Greystone Invest Lc holds 76,638 shares. Cipher Capital LP owns 143,470 shares or 0.3% of their US portfolio. Walleye Trading Ltd Liability Corporation reported 0.01% of its portfolio in General Electric Company (NYSE:GE). Rmsincerbeaux Capital Mngmt Limited Co reported 113,183 shares. Lsv Asset Mgmt reported 0.01% in General Electric Company (NYSE:GE). Private Advsr stated it has 19,800 shares. 65,629 are owned by Lau Assocs Limited Liability Company. Diversified Strategies Llc has 1.39% invested in General Electric Company (NYSE:GE). Davenport Ltd invested 0% of its portfolio in General Electric Company (NYSE:GE). Gofen And Glossberg Ltd Liability Co Il, a Illinois-based fund reported 1.96M shares. Cohen Inc accumulated 316,765 shares.

Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. Therefore 40% are positive. General Electric Company had 78 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer downgraded General Electric Company (NYSE:GE) on Tuesday, October 24 to “Underperform” rating. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, June 7. The stock of General Electric Company (NYSE:GE) has “Overweight” rating given on Monday, October 5 by Barclays Capital. The firm has “Outperform” rating by Bernstein given on Friday, December 16. Vetr upgraded the shares of GE in report on Wednesday, August 26 to “Buy” rating. Morgan Stanley maintained it with “Equal-Weight” rating and $26 target in Tuesday, July 25 report. As per Tuesday, July 21, the company rating was upgraded by TheStreet. The stock of General Electric Company (NYSE:GE) earned “Market Perform” rating by Bernstein on Monday, April 4. JP Morgan initiated the shares of GE in report on Thursday, May 12 with “Underweight” rating. The rating was maintained by Oppenheimer with “Hold” on Monday, June 12.

Among 18 analysts covering The Hershey Company (NYSE:HSY), 4 have Buy rating, 3 Sell and 11 Hold. Therefore 22% are positive. The Hershey Company had 52 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, June 14. Susquehanna maintained the shares of HSY in report on Friday, June 2 with “Hold” rating. Susquehanna maintained The Hershey Company (NYSE:HSY) rating on Thursday, August 24. Susquehanna has “Hold” rating and $115.0 target. On Wednesday, April 20 the stock rating was downgraded by Bank of America to “Underperform”. As per Friday, June 23, the company rating was maintained by Stifel Nicolaus. Zacks upgraded the shares of HSY in report on Wednesday, August 12 to “Sell” rating. The rating was upgraded by Argus Research to “Buy” on Thursday, February 16. The rating was initiated by Deutsche Bank on Wednesday, February 15 with “Hold”. The firm has “Sector Perform” rating given on Tuesday, January 26 by RBC Capital Markets. The rating was downgraded by Tigress Financial to “Neutral” on Monday, July 11.

Shell Asset Management Co decreased Dominion Energy Inc (NYSE:D) stake by 18,903 shares to 208,599 valued at $15.99 million in 2017Q2. It also reduced Total Sys Svcs Inc (NYSE:TSS) stake by 71,099 shares and now owns 42,070 shares. Mercadolibre Inc (NASDAQ:MELI) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com