Security National Trust Co Has Lowered Its General Electric Co (GE) Holding by $687,463 as Market Value Declined; Omnicom Group (OMC) Shareholder Beutel Goodman & Co LTD Has Raised Its Holding by $14.89 Million

April 25, 2018 - By Richard Conner

General Electric Company (NYSE:GE) Logo

Security National Trust Co decreased its stake in General Electric Co (GE) by 26.32% based on its latest 2017Q4 regulatory filing with the SEC. Security National Trust Co sold 40,439 shares as the company’s stock declined 23.20% with the market. The institutional investor held 113,178 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.97M, down from 153,617 at the end of the previous reported quarter. Security National Trust Co who had been investing in General Electric Co for a number of months, seems to be less bullish one the $127.47B market cap company. The stock increased 1.10% or $0.16 during the last trading session, reaching $14.68. About 74.26M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 25, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Beutel Goodman & Co Ltd increased its stake in Omnicom Group Inc (OMC) by 9.04% based on its latest 2017Q4 regulatory filing with the SEC. Beutel Goodman & Co Ltd bought 256,713 shares as the company’s stock declined 1.21% with the market. The institutional investor held 3.10 million shares of the advertising company at the end of 2017Q4, valued at $180.15M, up from 2.84 million at the end of the previous reported quarter. Beutel Goodman & Co Ltd who had been investing in Omnicom Group Inc for a number of months, seems to be bullish on the $16.66 billion market cap company. The stock decreased 0.79% or $0.58 during the last trading session, reaching $73.3. About 1.94M shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.63% since April 25, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 100 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Sell” rating and $21.0 target in Monday, September 11 report. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Monday, October 19. Stifel Nicolaus has “Buy” rating and $32 target. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, September 22 by Vetr. The company was maintained on Thursday, October 5 by Credit Suisse. The firm earned “Buy” rating on Monday, November 13 by Langenberg. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, October 14 by Stifel Nicolaus. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, November 14. On Wednesday, October 14 the stock rating was maintained by S&P Research with “Buy”. The firm has “Sell” rating given on Friday, July 22 by Standpoint Research. Cowen & Co maintained it with “Hold” rating and $2400 target in Monday, August 7 report.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dived, 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. Lincoln has invested 0.17% in General Electric Company (NYSE:GE). Anderson Hoagland And holds 0.53% or 51,500 shares. Busey owns 313,240 shares. National Registered Inv Advisor reported 83,532 shares. Amg Funds Ltd Liability Company holds 0.52% or 55,548 shares in its portfolio. Moreover, Old West Investment Management Ltd has 0.43% invested in General Electric Company (NYSE:GE). Swiss Fincl Bank stated it has 31.95M shares or 0.6% of all its holdings. Ronna Sue Cohen holds 1.59% of its portfolio in General Electric Company (NYSE:GE) for 128,035 shares. Ftb Advisors has invested 0.2% in General Electric Company (NYSE:GE). Sun Life Financial has invested 0.12% of its portfolio in General Electric Company (NYSE:GE). 58,991 were accumulated by Modera Wealth Management Lc. Verity Verity Ltd Com holds 1.54% or 218,786 shares. Accredited has 38,455 shares for 0.19% of their portfolio. Thompson Investment Mgmt Incorporated reported 2.14% stake. Merriman Wealth Mngmt Ltd Liability Com accumulated 93,262 shares.

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

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.04, from 1 in 2017Q3. It dived, as 56 investors sold OMC shares while 223 reduced holdings. 88 funds opened positions while 180 raised stakes. 231.12 million shares or 0.22% more from 230.60 million shares in 2017Q3 were reported. Srb reported 0.03% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Forte Capital Limited Com Adv stated it has 0.18% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Fund Evaluation Group Limited reported 0.09% stake. Vident Advisory Limited Liability stated it has 6,221 shares. Longview Prtnrs (Guernsey) accumulated 2.42% or 6.36 million shares. Sg Americas Limited Liability Company has 31,057 shares. The Illinois-based Busey Trust has invested 0.34% in Omnicom Group Inc. (NYSE:OMC). 275,000 are owned by Moore Cap Management Ltd Partnership. Rampart Inv Mgmt Llc holds 0.09% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 3,130 shares. San Francisco Sentry Invest Gru (Ca) stated it has 26 shares. 50 are owned by Mark Sheptoff Planning Ltd Company. Ahl Ptnrs Llp holds 30,008 shares or 0.03% of its portfolio. Natixis invested in 0.1% or 181,525 shares. 1,414 are held by Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma. Bontempo Ohly Capital Mgmt Limited Liability Company holds 33,846 shares or 2.1% of its portfolio.

Since December 11, 2017, it had 0 buys, and 4 sales for $848,280 activity. Another trade for 499 shares valued at $37,580 was made by RICE LINDA JOHNSON on Thursday, April 19. On Monday, December 11 Sherman Peter K. sold $617,516 worth of Omnicom Group Inc. (NYSE:OMC) or 8,310 shares.

General Electric Company (NYSE:GE) Institutional Positions Chart

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