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General Electric (GE) Shares Bought by Axa

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AXA grew its stake in Traditional Electrical (NYSE:GE) by 1.eight% in the midst of the 3rd quarter, per its most modern 13F filing with the Securities and Replace Commission (SEC). The fund owned Three,619,289 shares of the conglomerate’s stock after procuring an additional sixty-two,716 shares in the midst of the length. AXA’s holdings in Traditional Electrical had been paid $87,515,000 as of its most modern SEC filing.

Other hedge funds and other institutional traders additionally no longer too lengthy previously offered and offered shares of the company. Toronto Dominion Financial institution boosted its region in shares of Traditional Electrical by 21.Three% in the midst of the 2nd quarter. Toronto Dominion Financial institution now owns Three,375,683 shares of the conglomerate’s stock valued at $ ninety-one,179,000 after acquiring an additional 593,686 shares in the closing quarter. Palouse Capital Administration Inc. boosted its region in shares of Traditional Electrical by 5.four% in the midst of the 3rd quarter. Palouse Capital Administration Inc. now owns 190,591 shares of the conglomerate’s stock valued at $four,608,000 after acquiring an additional 9,755 shares in the closing quarter. Destination Wealth Administration boosted its region in shares of Traditional Electrical by 5.6% in the midst of the 2nd quarter. Destination Wealth Administration now owns 775,177 shares of the conglomerate’s stock valued at $20,938,000 after acquiring an additional Forty-one,100 shares in the closing quarter. Boston Companions boosted its region in shares of Traditional Electrical by 2.5% in the midst of the 3rd quarter. Boston Companions now owns 14,588,765 shares of the conglomerate’s stock valued at $352,756,000 after acquiring an additional 360,154 shares in the closing quarter. In the extinguish, Berkshire Asset Administration LLC PA boosted its region in shares of Traditional Electrical by four.0% in the midst of the 3rd quarter. Berkshire Asset Administration LLC PA now owns 958,533 shares of the conglomerate’s stock valued at $23,177,000 after acquiring an additional 36,870 shares in the closing quarter. Institutional traders have 56.30% of the company’s stock.

Several analysts bear no longer too lengthy previously weighed in on the stock. DZ Financial institution reiterated a “promote” ranking on shares of Traditional Electrical in a study document on Wednesday. JPMorgan Mosey reissued an “underweight” ranking and build aside of residing an $eleven.00 designate target (down from $14.00) on shares of Traditional Electrical in a document on Tuesday, March 13th. UBS build aside of residing a $sixteen.00 designate target on shares of Traditional Electrical and gave the company a “neutral” ranking in a document on Wednesday, March Seventh. Royal Financial institution of Canada reissued a “withhold” ranking and build aside of residing a $sixteen.00 designate target on shares of Traditional Electrical in a document on Tuesday, February 27th. In the extinguish, Citigroup build aside of residing a $23.00 designate a target on shares of Traditional Electrical and gave the company a “contrivance discontinuance” ranking in a document on Monday, February twenty-sixth. Six study analysts bear rated the stock with a promote ranking, twelve bears assigned a withhold ranking, four bears assigned a contrivance discontinuance ranking and one has assigned a solid contrivance discontinuance ranking to the company’s stock. Traditional Electrical currently has a mean ranking of “Retain” and a mean target designate of $18.27.

Shares of
NYSE: GE opened at $13.forty eight on Friday. Traditional Electrical has a 300 and sixty-five days low of $12.73 and a 300 and sixty-five days high of $30.fifty four. The company has a short ratio of 1.fifty 9, a new ratio of 1.87 and a debt-to-equity ratio of 1.32. The company has a market cap of $117,041.13, a PE ratio of 12.Eighty-four, a designate-to-earnings-enhance ratio of two.56 and a beta of 1.00.

Traditional Electrical (NYSE: GE) closing issued its quarterly earnings results on Wednesday, January 24th. The conglomerate reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.01). Traditional Electrical had an obvious return on equity of 11.60% and a negative web margin of four.seventy-four %. The business had earnings of $31.Forty billion for the quarter, compared with analyst estimates of $33.ninety three billion. For the length of the identical quarter in the prior year, the agency earned $0.46 EPS. The agency’s quarterly earnings modified into once down 5.1% compared with the identical quarter closing year. equities study analysts forecast that Traditional Electrical will submit 0.ninety 9 earnings per share for the new fiscal year.

The agency additionally no longer too lengthy previously declared a quarterly dividend, which would possibly perchance perhaps be paid on Wednesday, April 25th. Stockholders of file on Monday, February twenty-sixth would possibly perchance perhaps be given a dividend of $0.12 per share. This represents a $0.forty eight annualized dividend and a dividend yield of three.56%. The ex-dividend date is Friday, February 23rd. Traditional Electrical’s dividend payout ratio is forty-five .71%.

In other Traditional Electrical records data, insider Alexander Dimitrief purchased 2,689 shares of the stock in a transaction dated Monday, January 29th. The stock modified into once offered at a mean designate of $sixteen.sixteen per share, for an entire transaction of $43,454.24. Following the transaction, the insider now straight away owns Eighty-one,185 shares in the company, valued at $1,311,949.60. The acquisition modified into once disclosed in a criminal filing with the Securities & Replace Commission, which is offered by this hyperlink. 1.12% of the stock is owned by insiders.

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Traditional Electrical Firm Profile

Traditional Electrical Firm operates as a digital industrial company worldwide. It operates by Energy, Renewable Vitality, Oil & Gasoline, Aviation, Healthcare, Transportation, Lighting fixtures, and Capital segments. The Energy segment affords technologies, alternate strategies, and products and services linked to vitality manufacturing, at the side of gas and steam turbines, engines, turbines, and high voltage equipment; and vitality generation products and services and digital alternate strategies.

Institutional Ownership by Quarter for Traditional Electrical (NYSE:GE)

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