Macquarie Group Ltd. held its stake in Baker Hughes A GE Co (NYSE:BHI) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 8,500 shares of the oilfield services provider’s stock at the close of the second quarter. Macquarie Group Ltd.’s holdings in Baker Hughes A GE were worth $463,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Capital World Investors boosted its stake in Baker Hughes A GE by 44.3% during the 2nd quarter. Capital World Investors now owns 33,800,016 shares of the oilfield services provider’s stock worth $1,842,439,000 after acquiring an additional 10,370,000 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Baker Hughes A GE by 89.1% in the second quarter. Capital Research Global Investors now owns 4,847,202 shares of the oilfield services provider’s stock valued at $264,221,000 after buying an additional 2,284,092 shares in the last quarter. Janus Capital Management LLC grew its stake in shares of Baker Hughes A GE by 3,529.3% in the first quarter. Janus Capital Management LLC now owns 1,925,065 shares of the oilfield services provider’s stock valued at $115,157,000 after buying an additional 1,872,022 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Baker Hughes A GE by 37.5% in the second quarter. Ameriprise Financial Inc. now owns 6,491,326 shares of the oilfield services provider’s stock valued at $353,840,000 after buying an additional 1,770,840 shares in the last quarter. Finally, Eaton Vance Management bought a new position in shares of Baker Hughes A GE in the second quarter valued at $63,949,000. Institutional investors and hedge funds own 91.32% of the company’s stock.

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Several equities analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $38.00 target price on shares of Baker Hughes A GE in a research note on Wednesday, October 25th. Loop Capital reaffirmed a “hold” rating and set a $37.00 price objective on shares of Baker Hughes A GE in a research report on Monday, October 23rd. UBS AG started coverage on shares of Baker Hughes A GE in a research report on Thursday, October 19th. They set a “hold” rating and a $36.00 price objective for the company. Barclays PLC started coverage on shares of Baker Hughes A GE in a research report on Thursday, August 31st. They set a “buy” rating and a $41.00 price objective for the company. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Baker Hughes A GE in a research report on Tuesday, July 18th. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have issued a buy rating to the company. Baker Hughes A GE presently has a consensus rating of “Hold” and an average price target of $59.55.

Baker Hughes A GE Company Profile

Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.

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Institutional Ownership by Quarter for Baker Hughes A GE (NYSE:BHI)

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