4,007 Shares in General Electric (NYSE:GE) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. acquired a new position in shares of General Electric (NYSE:GE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,007 shares of the conglomerate's stock, valued at approximately $668,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. New Age Alpha Advisors LLC boosted its stake in shares of General Electric by 133.3% during the fourth quarter. New Age Alpha Advisors LLC now owns 147 shares of the conglomerate's stock worth $25,000 after buying an additional 84 shares during the period. Hager Investment Management Services LLC acquired a new position in shares of General Electric in the fourth quarter valued at approximately $27,000. Sugar Maple Asset Management LLC purchased a new stake in shares of General Electric during the fourth quarter worth approximately $29,000. CBIZ Investment Advisory Services LLC acquired a new stake in shares of General Electric during the fourth quarter worth $29,000. Finally, Picton Mahoney Asset Management grew its position in General Electric by 62.4% in the 4th quarter. Picton Mahoney Asset Management now owns 177 shares of the conglomerate's stock valued at $30,000 after buying an additional 68 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company's stock.

General Electric Trading Down 4.5 %

Shares of NYSE:GE traded down $8.44 during trading on Thursday, reaching $178.83. The stock had a trading volume of 3,475,496 shares, compared to its average volume of 5,470,000. General Electric has a fifty-two week low of $146.78 and a fifty-two week high of $214.21. The business has a fifty day moving average price of $199.23 and a 200-day moving average price of $186.70. The stock has a market cap of $191.94 billion, a P/E ratio of 29.88, a PEG ratio of 2.59 and a beta of 1.04. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88.

General Electric (NYSE:GE - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The conglomerate reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.05 by $0.27. General Electric had a return on equity of 22.19% and a net margin of 14.31%. As a group, analysts anticipate that General Electric will post 5.4 earnings per share for the current fiscal year.

General Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, March 10th will be given a $0.36 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from General Electric's previous quarterly dividend of $0.28. This represents a $1.44 annualized dividend and a dividend yield of 0.81%. General Electric's dividend payout ratio (DPR) is currently 24.04%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GE shares. JPMorgan Chase & Co. raised their target price on shares of General Electric from $190.00 to $210.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. Citigroup lowered their price objective on General Electric from $235.00 to $227.00 and set a "buy" rating on the stock in a report on Thursday. Bank of America increased their target price on General Electric from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Deutsche Bank Aktiengesellschaft decreased their price target on General Electric from $235.00 to $228.00 and set a "buy" rating on the stock in a research note on Thursday, January 2nd. Finally, UBS Group increased their price objective on General Electric from $215.00 to $235.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, General Electric has an average rating of "Moderate Buy" and an average target price of $212.73.

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.