Allsquare Wealth Management Has Cut Its Holding in General Electric Co Com (GE) as Stock Value Declined; As Kraton (KRA) Stock Value Declined, Contrarian Capital Management Raised Its Stake by $1.17 Million – The Moveefy

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Allsquare Wealth Management Llc decreased its stake in General Electric Co Com (GE) by 55% based on its latest 2018Q3 regulatory filing with the SEC. Allsquare Wealth Management Llc sold 46,555 shares as the company’s stock declined 44.60% with the market. The institutional investor held 38,090 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $430,000, down from 84,645 at the end of the previous reported quarter. Allsquare Wealth Management Llc who had been investing in General Electric Co Com for a number of months, seems to be less bullish one the $77.76B market cap company. It closed at $8.94 lastly. It is down 60.87% since January 13, 2018 and is downtrending. It has underperformed by 60.87% the S&P500. Some Historical GE News: 20/04/2018 – EUROPEAN SAFETY AGENCY SAYS ORDERS INCREASED CHECKS ON CFM ENGINES POWERING SOME BOEING 737 JETS; 25/04/2018 – MOODY’S AFFIRMS RATINGS OF GE AND GE CAPITAL; CHANGES OUTLOOK TO NEGATIVE; 07/03/2018 – GE REPORTS INNOVATIVE ENERGY STORAGE PLATFORM CALLED RESERVOIR; 16/04/2018 – ZIMBABWE’S MOYO SAYS GE INTERESTED TO INVEST IN ZIMBABWE; 22/05/2018 – Joe White: Exclusive: GE seeking to shed troubled insurance business; 15/03/2018 – GE is building the GE9X for Boeing’s new 777x long-haul airplane; 07/03/2018 – Centerpiece of K.I.E.L. Coastal Power Plant Complete; 07/05/2018 – GE and Altair Sign Agreement for Exclusive Distribution of GE’s Flow Simulator Software; 21/05/2018 – WABTEC – OBTAINED FULL COMMITMENTS FOR $2.9 BLN BRIDGE FACILITY AND EXPECTS TO PUT IN PLACE PERMANENT DEBT FINANCING PRIOR TO DEAL CLOSING; 22/05/2018 – Exclusive: GE seeking to shed troubled insurance business

Contrarian Capital Management Llc increased its stake in Kraton Corporation (KRA) by 35.99% based on its latest 2018Q3 regulatory filing with the SEC. Contrarian Capital Management Llc bought 24,972 shares as the company’s stock declined 47.72% with the market. The hedge fund held 94,352 shares of the basic industries company at the end of 2018Q3, valued at $4.45M, up from 69,380 at the end of the previous reported quarter. Contrarian Capital Management Llc who had been investing in Kraton Corporation for a number of months, seems to be bullish on the $819.70M market cap company. The stock decreased 0.66% or $0.17 during the last trading session, reaching $25.65. About 221,036 shares traded. Kraton Corporation (NYSE:KRA) has declined 47.85% since January 13, 2018 and is downtrending. It has underperformed by 47.85% the S&P500. Some Historical KRA News: 24/05/2018 – Kraton Corporation Announces Completion Of Refinancing Transactions; 25/04/2018 – KRATON CORP – EXPECT TO REDUCE 2018 CONSOLIDATED NET DEBT BY $125 – $150 MLN; 08/03/2018 – KRATON REPORTS CLOSING OF TERM LOAN REFINANCING; 24/04/2018 – Deadline Alert: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kraton Corporation (KRA); 25/04/2018 – KRATON 1Q ADJ EPS 58C, EST. 61C; 25/04/2018 – Kraton 1Q EPS 68c; 21/05/2018 – KRATON REPORTS RESULTS OF CASH TENDER OFFER FOR ANY & ALL OF OU; 05/04/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Kraton Corporation Shareholders and a Lead Plaintiff Deadline of April 27, 2018 (KRA); 22/04/2018 – DJ Kraton Corporation, Inst Holders, 1Q 2018 (KRA); 16/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Kraton Corporation Shareholders and a Lead Plaintiff Deadline of April 27, 2018

Since July 24, 2018, it had 4 buys, and 0 selling transactions for $5.27 million activity. The insider DIMITRIEF ALEXANDER bought 10,000 shares worth $94,800. 225,000 shares were bought by CULP H LAWRENCE JR, worth $2.19M.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: Expect A Big 2019 – Seeking Alpha” on December 26, 2018, also Benzinga.com with their article: “What’s Next For General Electric’s Stock? Here’s A Technical Take (NYSE:GE) – Benzinga” published on December 19, 2018, Investorplace.com published: “5 Top Stock Trades for Wednesday: MU, ORCL, SNAP, GE – Investorplace.com” on December 18, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric: My Best Stock Pick For 2019 – Seeking Alpha” published on December 28, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric Is Not Going To Be A Penny Stock – Seeking Alpha” with publication date: January 12, 2019.

Among 30 analysts covering General Electric Company (NYSE:GE), 12 have Buy rating, 3 Sell and 15 Hold. Therefore 40% are positive. General Electric Company had 122 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, August 25 report. The firm has “Buy” rating given on Monday, October 19 by Stifel Nicolaus. BMO Capital Markets maintained it with “Hold” rating and $67 target in Thursday, March 23 report. The firm has “Overweight” rating by Barclays Capital given on Wednesday, October 31. The firm earned “Buy” rating on Monday, November 13 by Langenberg. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by J.P. Morgan on Monday, October 9. RBC Capital Markets maintained it with “Outperform” rating and $35 target in Monday, April 24 report. The company was maintained on Wednesday, November 1 by JP Morgan. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, August 26 by TheStreet. The rating was initiated by Cowen & Co with “Market Perform” on Tuesday, June 7.

Investors sentiment decreased to 0.56 in Q3 2018. Its down 0.03, from 0.59 in 2018Q2. It dived, as 83 investors sold GE shares while 743 reduced holdings. 114 funds opened positions while 346 raised stakes. 4.54 billion shares or 0.56% more from 4.51 billion shares in 2018Q2 were reported. Skylands Cap holds 0.02% of its portfolio in General Electric Company (NYSE:GE) for 15,000 shares. Gargoyle Investment Advisor Lc has invested 1.12% in General Electric Company (NYSE:GE). Greatmark Prtnrs reported 81,607 shares stake. Loudon Invest Mngmt Ltd Liability invested in 0.71% or 78,322 shares. State Farm Mutual Automobile Insurance owns 43.00 million shares. Triangle Securities Wealth has 0.25% invested in General Electric Company (NYSE:GE). 61,502 are held by Partnervest Advisory Lc. Hudson Valley Adv invested in 93,309 shares. Macroview Mngmt Lc accumulated 718 shares. Barclays Public Limited Company invested 0.27% in General Electric Company (NYSE:GE). Alpine Glob Mngmt Ltd accumulated 449,500 shares or 0.97% of the stock. The Ohio-based Public Employees Retirement Of Ohio has invested 0.32% in General Electric Company (NYSE:GE). Los Angeles Capital Mngmt & Equity Research Incorporated invested in 0.14% or 2.34M shares. State Of Alaska Department Of Revenue has 0.22% invested in General Electric Company (NYSE:GE) for 1.14M shares. Stevens Cap Management Ltd Partnership has invested 0.13% of its portfolio in General Electric Company (NYSE:GE).

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 31 before the open. They expect $0.18 earnings per share, down 33.33% or $0.09 from last year’s $0.27 per share. GE’s profit will be $1.57B for 12.42 P/E if the $0.18 EPS becomes a reality. After $0.14 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Among 6 analysts covering Kraton Performance Polymers (NYSE:KRA), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Kraton Performance Polymers had 12 analyst reports since October 27, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 11 by SunTrust. As per Wednesday, February 21, the company rating was maintained by UBS. The firm earned “Hold” rating on Friday, October 26 by SunTrust. UBS maintained it with “Sell” rating and $38 target in Thursday, April 26 report. UBS downgraded Kraton Corporation (NYSE:KRA) on Tuesday, October 27 to “Sell” rating. As per Wednesday, October 25, the company rating was maintained by UBS. As per Thursday, July 26, the company rating was maintained by UBS. The stock of Kraton Corporation (NYSE:KRA) earned “Hold” rating by KeyBanc Capital Markets on Friday, September 1. The stock of Kraton Corporation (NYSE:KRA) has “Buy” rating given on Thursday, October 26 by SunTrust.

Contrarian Capital Management Llc, which manages about $4.20 billion and $1.14B US Long portfolio, decreased its stake in Key Energy Svcs Inc Del by 38,177 shares to 2.22 million shares, valued at $25.40 million in 2018Q3, according to the filing. It also reduced its holding in Penn Va Corp New by 3,782 shares in the quarter, leaving it with 789,767 shares, and cut its stake in Peabody Energy Corp New.

Since August 28, 2018, it had 1 buying transaction, and 3 insider sales for $3.25 million activity. Tremblay Stephen E. had sold 13,085 shares worth $647,708. $185,001 worth of Kraton Corporation (NYSE:KRA) shares were bought by Mhetar Vijay.

General Electric Company (NYSE:GE) Institutional Positions Chart


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