March 21, 2018

General Electric halves dividend for shareholders

14 November 2017, 07:26 | Cesar Cruz

FY2017 EPS Estimates for General Electric Company (GE) Lowered by Analyst

As Bce (BCE) Shares Declined, Ranger International Management LP Raised Its Holding by $497340; General Electric

They expect $0.78 EPS, down 11.36% or $0.10 from last year's $0.88 per share. The company has a quick ratio of 1.53, a current ratio of 1.86 and a debt-to-equity ratio of 1.14.

The company is due to make a statement today (Monday 13 November). It has underperformed by 21.16% the S&P500. The company's stock had a trading volume of 475,600 shares, compared to its average volume of 1,201,719. Since September 2001 - when recently retired CEO Jeff Immelt took over - GE stock has effectively been dead money, posting a negative total return even after reinvesting its juicy dividends. The company has market cap of $5.55 billion. The stock decreased 4.30% or $0.01 on November 10, reaching $0.22. About 210,785 shares traded or 19.76% up from the average. BCE Inc. (USA) (NYSE:BCE) has declined 2.36% since November 12, 2016 and is downtrending. It has underperformed by 16.70% the S&P500.

More notable recent BCE Inc. BDIC's SI was 2,400 shares in November as released by FINRA. Entering the Home Security Market Holds Massive Opportunity" published on November 08, 2017, published: "Why BCE Inc. More interesting news about BCE Inc.

General Electric (GE) is cutting its share dividend for only the second time since the Great Depression of the 1930s. Diebold Inc had 23 analyst reports since July 29, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with "Overweight" rating in Tuesday, March 21 report. Deutsche Bank maintained the shares of GE in report on Monday, October 30 with "Sell" rating. The rating was maintained by Williams Capital Group on Friday, August 5 with "Hold". The rating was upgraded by Canaccord Genuity to "Buy" on Friday, November 6. Wedbush maintained Diebold Nixdorf Inc (NYSE:DBD) on Thursday, February 4 with "Outperform" rating. The firm earned "Market Perform" rating on Tuesday, July 26 by Bernstein.

John O'Shea on Repbulic of Ireland v Denmark play-off
Earlier on Monday, Ireland midfielder David Meyler had said: 'I only see one outcome, I think Ireland are going to the World Cup. After describing the game as "a physical battle", O'Neill said: "The players put a big effort into the game".

Short interest is another tool that analysts use to gauge investor sentiment. Its up 0.10, from 1.28 in 2017Q1. It turned negative, as 85 investors sold GE shares while 816 reduced holdings. 35 funds opened positions while 96 raised stakes. Moreover, Howard Capital Mngmt has 2.49% invested in General Electric Company (NYSE:GE). Opus Invest Mngmt Inc has 108,600 shares. Wright Invsts Service has invested 0.44% in General Electric Company (NYSE:GE). Cibc World Incorporated reported 1.09M shares. Insiders own 0.23% of the company's stock. Portland General Electric's payout ratio is 59.13%. Baker Ellis Asset Management Limited Liability owns 18,750 shares. 9,122 are held by West Coast Limited Company.

First National Trust Co increased General Electric Co (GE) stake by 5.83% reported in 2017Q2 SEC filing. Loring Wolcott And Coolidge Fiduciary Limited Liability Partnership Ma has invested 0.57% in General Electric Company (NYSE:GE). Stockholders of record on Tuesday, December 27th will be given a dividend of $0.24 per share. Cambridge Inv Rech Inc has 1.44 million shares for 0.57% of their portfolio.

Some buy side analysts are also providing their Analysis on General Electric Company, where 4 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 7 said it's a HOLD, 2 reported it as Underperform and 2 analysts rated the stock as Sell. Therefore 14% are positive. The firm had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.51 billion. Analysts reported that the Price Target for General Electric Company might touch $35 high while the Average Price Target and Low price Target is $24.27 and $17 respectively. As per Friday, July 22, the company rating was initiated by Standpoint Research. Argus Research has "Buy" rating and $36.0 target. Royal Bank Of Canada set a $25.00 target price on General Electric and gave the stock a "buy" rating in a report on Monday, October 23rd. S&P Research has "Buy" rating and $34 target. The stock of Portland General Electric Company (NYSE:POR) has "Hold" rating given on Thursday, October 12 by KeyBanc Capital Markets.

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