As Symantec Com (SYMC) Stock Declined, Clean Yield Group Has Increased Its Position by $423,640; General Electric Company (GE) Holder Torch Wealth Management Has Raised Holding by $381,871

May 25, 2018 - By Michael Collier

General Electric Company (NYSE:GE) Logo

Clean Yield Group increased its stake in Symantec Corp Com (SYMC) by 10.27% based on its latest 2017Q4 regulatory filing with the SEC. Clean Yield Group bought 15,130 shares as the company’s stock declined 9.92% with the market. The institutional investor held 162,450 shares of the prepackaged software company at the end of 2017Q4, valued at $4.56M, up from 147,320 at the end of the previous reported quarter. Clean Yield Group who had been investing in Symantec Corp Com for a number of months, seems to be bullish on the $13.09 billion market cap company. The stock increased 0.33% or $0.07 during the last trading session, reaching $21.06. About 5.06 million shares traded. Symantec Corporation (NASDAQ:SYMC) has declined 16.28% since May 25, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Torch Wealth Management Llc increased its stake in General Electric Company (GE) by 36.98% based on its latest 2017Q4 regulatory filing with the SEC. Torch Wealth Management Llc bought 22,463 shares as the company’s stock declined 23.20% with the market. The institutional investor held 83,203 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.45 million, up from 60,740 at the end of the previous reported quarter. Torch Wealth Management Llc who had been investing in General Electric Company for a number of months, seems to be bullish on the $127.07 billion market cap company. The stock increased 0.21% or $0.03 during the last trading session, reaching $14.63. About 49.35 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 25, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE: The Flannery Effect” on May 24, 2018, also Seekingalpha.com with their article: “General Electric: Selling Low?” published on May 17, 2018, Seekingalpha.com published: “Valuation Insights On General Electric” on May 24, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE: The Real Problem” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: Market Gyrations Continue” with publication date: May 24, 2018.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 10 report. The firm has “Hold” rating given on Thursday, December 28 by Tigress Financial. The stock of General Electric Company (NYSE:GE) earned “Market Perform” rating by Bernstein on Tuesday, July 26. Credit Suisse maintained the shares of GE in report on Monday, November 23 with “Outperform” rating. The rating was upgraded by Vetr to “Buy” on Wednesday, August 26. The stock has “Underweight” rating by JP Morgan on Thursday, May 12. On Monday, July 24 the stock rating was maintained by Oppenheimer with “Hold”. The firm has “Buy” rating by S&P Research given on Tuesday, October 20. DZ Bank downgraded General Electric Company (NYSE:GE) on Friday, January 26 to “Hold” rating. On Thursday, January 21 the stock rating was initiated by Citigroup with “Buy”.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It turned negative, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Ally Fin Inc owns 2.38% invested in General Electric Company (NYSE:GE) for 705,000 shares. Rothschild Investment Corp Il holds 0.71% in General Electric Company (NYSE:GE) or 373,338 shares. Moreover, Northern Capital Management has 0.94% invested in General Electric Company (NYSE:GE) for 208,746 shares. Buckingham Mngmt has 155,182 shares. Field Main Bankshares holds 21,500 shares. Chilton Mgmt Ltd Liability Company holds 45,197 shares. Wealthtrust Axiom Lc owns 170,655 shares for 1.11% of their portfolio. Fincl Engines Advsrs Limited Liability Company has 0% invested in General Electric Company (NYSE:GE) for 771 shares. Rathbone Brothers Public Limited Co has 1.03 million shares for 0.73% of their portfolio. Sg Americas Securities Ltd has 0.89% invested in General Electric Company (NYSE:GE) for 5.45 million shares. Veritable LP accumulated 296,459 shares or 0.1% of the stock. Oxbow Advsr Ltd Com reported 30,686 shares stake. Washington Tru Financial Bank owns 45,322 shares. Harbour Inv Management Limited Com has invested 0.43% in General Electric Company (NYSE:GE). Arrowmark Colorado, Colorado-based fund reported 10,000 shares.

Since January 26, 2018, it had 1 insider buy, and 0 sales for $43,446 activity.

Among 34 analysts covering Symantec (NASDAQ:SYMC), 6 have Buy rating, 2 Sell and 26 Hold. Therefore 18% are positive. Symantec had 100 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Friday, February 10 by Barclays Capital. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, September 10. First Analysis upgraded it to “Overweight” rating and $40 target in Thursday, May 11 report. The stock of Symantec Corporation (NASDAQ:SYMC) has “Hold” rating given on Monday, January 22 by Credit Suisse. The rating was upgraded by Morgan Stanley to “Equal Weight” on Friday, August 21. The company was downgraded on Friday, May 19 by RBC Capital Markets. On Tuesday, August 11 the stock rating was downgraded by Citigroup to “Buy”. Evercore initiated it with “Sell” rating and $14 target in Thursday, April 14 report. The firm earned “Hold” rating on Wednesday, September 20 by KeyBanc Capital Markets. Cowen & Co maintained the stock with “Hold” rating in Thursday, August 3 report.

More notable recent Symantec Corporation (NASDAQ:SYMC) news were published by: Seekingalpha.com which released: “Symantec: Parsing The Details” on May 15, 2018, also Seekingalpha.com with their article: “Symantec reveals investigation details on call” published on May 14, 2018, Globenewswire.com published: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Symantec Corp. of a Class Action Lawsuit …” on May 24, 2018. More interesting news about Symantec Corporation (NASDAQ:SYMC) were released by: Seekingalpha.com and their article: “Symantec: A Risky Hold Through Earnings” published on May 06, 2018 as well as Seekingalpha.com‘s news article titled: “Symantec: Safety At Home, But In Your Portfolio?” with publication date: May 11, 2018.

Investors sentiment increased to 0.92 in Q4 2017. Its up 0.06, from 0.86 in 2017Q3. It increased, as 56 investors sold SYMC shares while 144 reduced holdings. 45 funds opened positions while 139 raised stakes. 548.16 million shares or 4.09% less from 571.53 million shares in 2017Q3 were reported. Arcadia Investment Mi reported 0% stake. Walleye Trading Limited Liability Corp stated it has 0% of its portfolio in Symantec Corporation (NASDAQ:SYMC). Texas-based Avalon Advisors Ltd Liability has invested 0.21% in Symantec Corporation (NASDAQ:SYMC). Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.02% in Symantec Corporation (NASDAQ:SYMC). Integral Derivatives Lc holds 0% in Symantec Corporation (NASDAQ:SYMC) or 7,217 shares. Bankshares Of The West owns 13,479 shares for 0.05% of their portfolio. Amundi Pioneer Asset Incorporated accumulated 512,839 shares or 0.02% of the stock. 80,881 are held by Amalgamated Savings Bank. Parkside Finance Bancshares invested 0% of its portfolio in Symantec Corporation (NASDAQ:SYMC). The New York-based Shufro Rose And Ltd Llc has invested 0.2% in Symantec Corporation (NASDAQ:SYMC). Ubs Asset Mgmt Americas invested in 2.03M shares. Clean Yield Gru Inc accumulated 1.8% or 162,450 shares. Moreover, Commerzbank Aktiengesellschaft Fi has 0.12% invested in Symantec Corporation (NASDAQ:SYMC) for 358,872 shares. The Japan-based Sumitomo Mitsui Tru Inc has invested 0.07% in Symantec Corporation (NASDAQ:SYMC). Blackrock Inc, New York-based fund reported 40.18M shares.

Clean Yield Group, which manages about $246.53 million and $252.61 million US Long portfolio, decreased its stake in Automatic Data Processing Inc Com (NASDAQ:ADP) by 3,610 shares to 50,440 shares, valued at $5.91 million in 2017Q4, according to the filing. It also reduced its holding in Connecticut Wtr Svc Inc Com (NASDAQ:CTWS) by 8,480 shares in the quarter, leaving it with 47,608 shares, and cut its stake in Apple Inc Com (NASDAQ:AAPL).

Since March 5, 2018, it had 0 insider purchases, and 3 insider sales for $2.63 million activity. Shares for $1.38 million were sold by Rosch Francis C. TAYLOR SCOTT C sold $1.14M worth of stock.

Symantec Corporation (NASDAQ:SYMC) Institutional Positions Chart

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