Wealth Enhancement Advisory Services LLC grew its position in shares of Baker Hughes A GE Co (NYSE:BHI) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,853 shares of the oilfield services provider’s stock after buying an additional 974 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Baker Hughes A GE were worth $2,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the stock. Artemis Investment Management LLP raised its stake in shares of Baker Hughes A GE by 33.7% in the 3rd quarter. Artemis Investment Management LLP now owns 292,678 shares of the oilfield services provider’s stock valued at $10,721,000 after acquiring an additional 73,765 shares in the last quarter. Levy Harkins & Co. Inc. raised its stake in shares of Baker Hughes A GE by 4.1% in the 3rd quarter. Levy Harkins & Co. Inc. now owns 136,372 shares of the oilfield services provider’s stock valued at $4,994,000 after acquiring an additional 5,371 shares in the last quarter. Perpetual Ltd bought a new position in shares of Baker Hughes A GE in the 2nd quarter valued at approximately $757,000. Lord Abbett & CO. LLC raised its stake in shares of Baker Hughes A GE by 1.2% in the 2nd quarter. Lord Abbett & CO. LLC now owns 53,800 shares of the oilfield services provider’s stock valued at $2,933,000 after acquiring an additional 643 shares in the last quarter. Finally, Sentry Investment Management LLC raised its stake in shares of Baker Hughes A GE by 0.7% in the 2nd quarter. Sentry Investment Management LLC now owns 33,305 shares of the oilfield services provider’s stock valued at $1,815,000 after acquiring an additional 231 shares in the last quarter. 91.32% of the stock is currently owned by institutional investors and hedge funds.

Baker Hughes A GE Co (BHI) opened at $57.68 on Friday. The company has a quick ratio of 3.31, a current ratio of 4.21 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $40,100.00, a P/E ratio of -21.36 and a beta of 0.83. Baker Hughes A GE Co has a 1 year low of $43.09 and a 1 year high of $68.59.

BHI has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $38.00 price objective on shares of Baker Hughes A GE in a research note on Wednesday, October 25th. Loop Capital reaffirmed a “hold” rating and issued a $37.00 price target on shares of Baker Hughes A GE in a research report on Monday, October 23rd. Finally, UBS Group initiated coverage on Baker Hughes A GE in a research report on Thursday, October 19th. They issued a “hold” rating and a $36.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $55.57.

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Baker Hughes A GE 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.

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

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