15,065 Shares in General Electric (NYSE:GE) Acquired by Tiff Advisory Services LLC

Tiff Advisory Services LLC acquired a new stake in shares of General Electric (NYSE:GE - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 15,065 shares of the conglomerate's stock, valued at approximately $2,513,000. General Electric comprises approximately 0.8% of Tiff Advisory Services LLC's investment portfolio, making the stock its 15th biggest position.

A number of other large investors also recently modified their holdings of the company. State Street Corp raised its position in General Electric by 2.1% in the 3rd quarter. State Street Corp now owns 43,322,827 shares of the conglomerate's stock worth $8,181,801,000 after purchasing an additional 898,296 shares during the period. Geode Capital Management LLC grew its stake in shares of General Electric by 0.7% during the third quarter. Geode Capital Management LLC now owns 22,587,961 shares of the conglomerate's stock valued at $4,244,676,000 after buying an additional 156,272 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of General Electric by 1.4% in the fourth quarter. Jennison Associates LLC now owns 7,878,650 shares of the conglomerate's stock worth $1,314,080,000 after buying an additional 106,891 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of General Electric by 1.7% in the 4th quarter. Bank of New York Mellon Corp now owns 6,766,421 shares of the conglomerate's stock valued at $1,128,571,000 after acquiring an additional 115,257 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of General Electric by 6.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,556,515 shares of the conglomerate's stock valued at $1,236,428,000 after acquiring an additional 413,388 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts recently issued reports on GE shares. UBS Group raised their price target on General Electric from $215.00 to $235.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Redburn Atlantic assumed coverage on shares of General Electric in a report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of General Electric from $235.00 to $228.00 and set a "buy" rating for the company in a report on Thursday, January 2nd. JPMorgan Chase & Co. increased their price target on shares of General Electric from $190.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. Finally, Northcoast Research assumed coverage on shares of General Electric in a research report on Tuesday, January 7th. They issued a "neutral" rating on the stock. Two analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, General Electric presently has a consensus rating of "Moderate Buy" and an average target price of $211.31.

General Electric Stock Down 1.0 %

General Electric stock traded down $1.97 during trading hours on Friday, hitting $194.08. 7,679,114 shares of the stock traded hands, compared to its average volume of 5,375,486. General Electric has a one year low of $130.38 and a one year high of $212.19. The firm's 50-day moving average price is $192.54 and its two-hundred day moving average price is $182.86. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. The company has a market cap of $208.31 billion, a PE ratio of 32.40, a PEG ratio of 2.59 and a beta of 1.19.

General Electric (NYSE:GE - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The conglomerate reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.27. General Electric had a return on equity of 22.19% and a net margin of 14.31%. On average, research analysts forecast that General Electric will post 5.4 EPS for the current year.

General Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 10th will be given a $0.36 dividend. This is an increase from General Electric's previous quarterly dividend of $0.28. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.74%. General Electric's dividend payout ratio is currently 24.04%.

General Electric 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.