Woodstock Corp boosted its holdings in shares of General Electric Company (NYSE:GE) by 0.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 403,113 shares of the conglomerate’s stock after buying an additional 36 shares during the quarter. General Electric makes up approximately 2.1% of Woodstock Corp’s investment portfolio, making the stock its 10th largest position. Woodstock Corp’s holdings in General Electric were worth $10,888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GE. Harris Associates L P increased its position in General Electric by 26.4% during the first quarter. Harris Associates L P now owns 46,376,143 shares of the conglomerate’s stock worth $1,382,009,000 after buying an additional 9,681,420 shares during the last quarter. UBS Oconnor LLC increased its position in General Electric by 795.5% during the first quarter. UBS Oconnor LLC now owns 2,025,000 shares of the conglomerate’s stock worth $60,345,000 after buying an additional 1,798,877 shares during the last quarter. Nationwide Fund Advisors increased its position in General Electric by 41.6% during the first quarter. Nationwide Fund Advisors now owns 5,420,262 shares of the conglomerate’s stock worth $161,524,000 after buying an additional 1,591,790 shares during the last quarter. Candriam Luxembourg S.C.A. increased its position in General Electric by 134.7% during the first quarter. Candriam Luxembourg S.C.A. now owns 2,151,496 shares of the conglomerate’s stock worth $64,118,000 after buying an additional 1,234,776 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in General Electric during the first quarter worth approximately $35,777,000. 54.69% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director James S. Tisch acquired 100,000 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The stock was bought at an average cost of $24.56 per share, with a total value of $2,456,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO John Leonard Flannery acquired 103,983 shares of the company’s stock in a transaction dated Tuesday, August 8th. The shares were bought at an average cost of $25.56 per share, with a total value of $2,657,805.48. Following the completion of the acquisition, the chief executive officer now directly owns 509,430 shares in the company, valued at approximately $13,021,030.80. The disclosure for this purchase can be found here. Insiders have bought a total of 233,253 shares of company stock valued at $5,860,264 over the last ninety days. 0.36% of the stock is currently owned by insiders.

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Shares of General Electric Company (GE) traded down 0.3264% on Thursday, hitting $22.9947. The stock had a trading volume of 37,422,408 shares. The firm has a 50-day moving average of $24.33 and a 200 day moving average of $26.85. The company has a market capitalization of $199.09 billion, a PE ratio of 28.0082 and a beta of 1.19. General Electric Company has a 1-year low of $22.83 and a 1-year high of $32.38.

General Electric (NYSE:GE) last posted its quarterly earnings data on Friday, July 21st. The conglomerate reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. General Electric had a net margin of 6.45% and a return on equity of 14.59%. The company had revenue of $29.56 billion during the quarter, compared to the consensus estimate of $29.07 billion. During the same period in the previous year, the firm posted $0.51 EPS. The firm’s revenue was down 11.8% compared to the same quarter last year. On average, equities analysts anticipate that General Electric Company will post $1.53 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Monday, September 18th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date of this dividend is Friday, September 15th. General Electric’s dividend payout ratio is currently 118.52%.

Several equities analysts have recently commented on the company. Stifel Nicolaus reaffirmed a “buy” rating on shares of General Electric in a research report on Wednesday, June 14th. Vetr downgraded General Electric from a “strong-buy” rating to a “buy” rating and set a $30.48 target price on the stock. in a research report on Tuesday, July 4th. Citigroup Inc. reaffirmed a “buy” rating and issued a $34.00 target price (down previously from $36.00) on shares of General Electric in a research report on Monday, July 10th. UBS AG reaffirmed a “buy” rating and issued a $31.00 target price (down previously from $35.00) on shares of General Electric in a research report on Tuesday, July 25th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $31.00 target price on shares of General Electric in a research report on Friday, September 15th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $28.16.

General Electric Company Profile

Institutional Ownership by Quarter for General Electric (NYSE:GE)

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