Nuveen Asset Management LLC Lowers Stake in General Electric Company (GE)

22 August, 2017, 22:08 | Author: Terri Saunders

07/01/2016 - American Electric Power Company, Inc. had its "outperform" rating reiterated by analysts at KeyBanc.

Capital Planning Advisors Llc decreased General Electric Co (GE) stake by 15.87% reported in 2016Q4 SEC filing. The First National Trust Co holds 60,702 shares with $3.82M value, down from 69,709 last quarter. General Electric Co now has $214.03 billion valuation. After the latest session, which saw the stock close at a price of $24.49, GE sits -24.37% below its 52-week high. Berkshire Asset Management Llc acquired 8,922 shares as American Elec Power (AEP)'s stock rose 7.19%. It has underperformed by 21.16% the S&P500.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 0.07, from 0.89 in 2016Q3. It dropped, as 68 investors sold GE shares while 818 reduced holdings. 116 funds opened positions while 609 raised stakes. Pinnacle Financial Partners Inc. boosted its stake in shares of General Electric by 11.8% in the fourth quarter.

Insider Trades for American Electric Power Co., Inc. show that the latest trade was made on 1 Aug 2017 where Akins (Nicholas K), the Chief Executive Officer completed a transaction type "Gift" in which 700 shares were traded at a price of $0. Woodmont Investment Counsel Limited invested in 158,274 shares. Ntv Asset Management Ltd holds 6,466 shares or 0.17% of its portfolio. Whereas 4 of them predict the stock is a hold. Arrowgrass Capital Partners Lp who had been investing in Target Corp (Call) for a number of months, seems to be bullish on the $30.81B market cap company. Supplemental Annuity Collective Trust Of Nj holds 120,000 shares.

Shares of American Electric Power Company, Inc.

'Splatoon 2' Gets Two New Stages, See Them in Action
Lost Outpost features a lot of walls, so communication will be important here as you and your teammates are swarmed by angry fish. What update are you most excited about? The new Lost Outpost stage joins the rotation of Salmon Run stages later today.


The market capitalization of General Electric Company is at $214.28 Billion. Boston Prns invested in 4.29 million shares or 0.36% of the stock. The institutional investor held 191,977 shares of the consumer electronics and appliances company at the end of 2016Q4, valued at $6.07M, up from 181,258 at the end of the previous reported quarter. Deutsche Bank downgraded the shares of GE in report on Friday, May 12 to "Sell" rating. Therefore 47% are positive. The stock of American Electric Power Company Inc (NYSE:AEP) earned "Hold" rating by Hilliard Lyons on Friday, July 29. The stock has "Underweight" rating by JP Morgan on Thursday, May 12.

American Electric Power Company, Inc (AEP) is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. Barclays Capital maintained the stock with "Overweight" rating in Friday, October 2 report. Airain Ltd has invested 0.02% in American Electric Power Company Inc (NYSE:AEP). On Friday, December 16 the stock rating was upgraded by Bernstein to "Outperform". The firm has "Buy" rating by S&P Research given on Monday, August 17.

Since February 23, 2017, it had 0 insider purchases, and 2 sales for $162,299 activity. The stock was bought at an average price of $25.56 per share, with a total value of $2,657,805.48. The original version of this news story can be viewed at https://www.truebluetribune.com/2017/08/22/nuveen-asset-management-llc-lowers-stake-in-general-electric-company-ge.html. Cypress Wealth Advisors LLC now owns 49,398 shares of the conglomerate's stock valued at $1,561,000 after buying an additional 7,790 shares during the last quarter. Stockholders of record on Monday, June 19th were given a dividend of $0.24 per share.

AZZ Inc.is a provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets.

09/08/2014 - Portland General Electric Company was downgraded to "market perform" by analysts at Wells Fargo. The Firm operates through two divisions: Energy segment and Galvanizing segment. (NYSE:BZH) has risen 112.02% since August 21, 2016 and is uptrending. It has underperformed by 5.82% the S&P500. If the ratio is less than 1, then we can determine that there has been a decrease in price. Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.55 average brokerage recommendation. Employees Retirement Systems Of Texas holds 27,000 shares or 0.01% of its portfolio. Price T Rowe Assoc Md, Maryland-based fund reported 2.01M shares. Parametric Associates Ltd owns 912,474 shares for 0.03% of their portfolio. The Ohio-based Winfield Assocs has invested 0.01% in American Electric Power Company Inc (NYSE:AEP). Gsa Llp holds 5,500 shares. Pekin Singer Strauss Asset Mgmt Il, Illinois-based fund reported 9,938 shares. Legal General Grp Public Ltd owns 46,015 shares. Guardian Tru holds 0.41% or 1.67 million shares. More interesting news about Target Corporation (NYSE:TGT) were released by: Seekingalpha.com and their article: "Target: We Were Right, Now What?" published on August 16, 2017 as well as Seekingalpha.com's news article titled: "The Dividend Champion Mocks Your Narrative" with publication date: August 22, 2017. Victory Management Inc reported 803,563 shares. Lehman Fin stated it has 4,387 shares. These shares are worth $633,375 and were traded at $25.65 each.

Recommended:



Popular

Court Place Advisors LLC Has $1.11 Million Stake in Wells Fargo & Company
As of the end of the quarter Oak Associates Ltd /oh/ had sold a total of 3,442 shares trimming its holdings by 0.7%. Wells Fargo & Company's average Free Cash Flow per Share Growth Rate was -12.5 percent during the past 12 months.

Louise Linton's Couture Draws Ire on Instagram, and She Lashes Back
She called it a day trip and tagged the designer brands she wore in the photo, including Roland Mouret. He also tweeted to Mnuchin, saying, "Hey @ stevenmnuchin1 the government's not your playground".

Unknown Security Threat Causes Lockdown at White House
The news came on the heels of a report of a suspicious package discovered on the steps of House side of the U.S. Construction crews and members of the press were told to go inside the building while the package was examined.

South Korea joint military exercises provocative
Harris, Hyten, and Greaves will observe the exercises this year amid heightened tensions with North Korea. China again called for the "dual suspension" of North Korea's nuclear weapons program and U.S.

Watch An Emotional John Cena Get Surprised By His Very Grateful Fans
She says she's been waiting for this match for a long time and as much as she respects Naomi , her time is over. John Cena is extremely dedicated to his fans, and often plans special surprises for them to lift their spirits.

US Imposes Sanctions on China and Russia Over North Korea's Nuclear Program
The top diplomats of almost 30 countries, including the U.S., South and North Korea joined the ASEAN Regional Forum on August 7. Yesterday, Oilprice.com reported that steady oil supplies from China to North Korea continued to prop up Pyongyang.

Korean troops start drills amid N. Korea standoff
After its first and second ICBM tests in July, it threatened to land missiles in the vicinity of Guam , a U.S. President Donald Trump has told him North Korea would not be attacked without South Korea's approval.

US War Games Likely to Trigger Another North Korea Missile Test - Seoul
Pyongyang says it needs nuclear weapons to defend itself from possible invasion by the "imperialist enemy" the US. The South Korean leader called upon the North to " end additional provocations to create the mood for dialogue ".

Andrew Miller Abruptly Leaves Game After Having Velocity Issues
Cleveland relief ace Andrew Miller left in the seventh inning after aggravating the patellar tendinitis in his right knee. The Red Sox got a pair of two-run home runs, from Andrew Benintendi in the first inning and Hanley Ramirez in the fifth.

US Seeks to Seize Millions in North Korean Sanctions Case
President Donald Trump earlier this month said he would respond to North Korea's nuclear threat with "fire and fury". Ltd - had collectively imported almost a half billion dollars' worth of North Korean coal between 2013 and 2016.