General Electric (NYSE:GE) Shares Bought by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft increased its holdings in shares of General Electric (NYSE:GE - Free Report) by 32.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,267 shares of the conglomerate's stock after purchasing an additional 2,012 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in General Electric were worth $1,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of GE. Toth Financial Advisory Corp bought a new position in shares of General Electric during the third quarter valued at $25,000. Valley Wealth Managers Inc. bought a new position in shares of General Electric during the third quarter valued at $25,000. O Brien Wealth Partners LLC bought a new position in shares of General Electric during the third quarter valued at $27,000. Peterson Financial Group Inc. bought a new position in shares of General Electric during the third quarter valued at $28,000. Finally, Sugar Maple Asset Management LLC bought a new position in shares of General Electric during the fourth quarter valued at $29,000. 74.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other General Electric news, SVP Russell Stokes sold 15,550 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $178.29, for a total transaction of $2,772,409.50. Following the sale, the senior vice president now directly owns 148,857 shares of the company's stock, valued at approximately $26,539,714.53. This trade represents a 9.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Riccardo Procacci sold 7,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $181.13, for a total value of $1,267,910.00. Following the sale, the senior vice president now directly owns 13,289 shares in the company, valued at $2,407,036.57. This represents a 34.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.66% of the stock is currently owned by insiders.

General Electric Stock Up 2.8 %

Shares of NYSE:GE traded up $5.57 on Thursday, reaching $204.67. The company had a trading volume of 3,297,880 shares, compared to its average volume of 6,272,021. General Electric has a 52-week low of $105.70 and a 52-week high of $207.65. The firm's 50 day simple moving average is $176.42 and its 200-day simple moving average is $175.79. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $221.51 billion, a PE ratio of 35.96, a PEG ratio of 1.53 and a beta of 1.19.

General Electric (NYSE:GE - Get Free Report) last announced its earnings results on Thursday, January 23rd. The conglomerate reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.27. General Electric had a return on equity of 18.93% and a net margin of 11.48%. As a group, analysts expect that General Electric will post 4.23 earnings per share for the current fiscal year.

General Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Friday, December 27th were paid a dividend of $0.28 per share. The ex-dividend date was Friday, December 27th. This represents a $1.12 annualized dividend and a yield of 0.55%. General Electric's dividend payout ratio (DPR) is 18.70%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their target price on General Electric from $190.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Melius Research upped their price target on General Electric from $194.00 to $202.00 in a research report on Tuesday, October 22nd. Northcoast Research started coverage on General Electric in a research report on Tuesday, January 7th. They set a "neutral" rating for the company. Wells Fargo & Company raised their price objective on General Electric from $225.00 to $250.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Finally, Citigroup raised their price target on General Electric from $216.00 to $235.00 and gave the stock a "buy" rating in a research note on Monday. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $208.73.

General Electric Company Profile

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.