Travelport Worldwide LTD (TVPT) Holding Upped by Trexquant Investment Lp; As General Electric (GE) Market Value Declined, Anderson Hoagland & Co Has Lifted Stake by $332,930

June 14, 2018 - By Kurt Siggers

General Electric Company (NYSE:GE) Logo

Anderson Hoagland & Co increased its stake in General Electric (GE) by 49.73% based on its latest 2018Q1 regulatory filing with the SEC. Anderson Hoagland & Co bought 25,610 shares as the company’s stock declined 0.14% with the market. The institutional investor held 77,110 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $1.04 million, up from 51,500 at the end of the previous reported quarter. Anderson Hoagland & Co who had been investing in General Electric for a number of months, seems to be bullish on the $118.51 billion market cap company. The stock decreased 1.76% or $0.245 during the last trading session, reaching $13.645. About 33.80 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 14, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 20/04/2018 – Markets Now: Dow Drops 23 Points as GE Jump Not Enough — Barron’s Blog; 16/05/2018 – GE ANNOUNCES NEW AGP ORDERS W/ SAUDI CEMENT, DUBAI ELECTRICITY; 20/04/2018 – TURKISH AIRLINES SELECTS 30 ENGINES FROM GE AVIATION; 20/04/2018 – GE – REAFFIRMED 2018 GUIDANCE; 14/03/2018 – GE: WOULD HAVE TO FIGURE OUT IF DUAL-SOURCE ENGINE MAKES SENSE; 30/04/2018 – GE COMMENTS ON NIGERIA DEAL SIGNING ON WEBSITE; 20/04/2018 – Baker Hughes GE 1Q EPS 17c; 16/05/2018 – GE BOOSTS CELL CULTURE MEDIA PRODUCTION CAPACITY IN AUSTRIA; 02/04/2018 – Veritas Capital, GE Healthcare Deal Seen Closing in 3Q; 09/05/2018 – GE RENEWABLE ENERGY – WILL PROVIDE 6 OF ITS 3.6-137 TURBINES TO BE INSTALLED AT 2 WIND SITES IN SOUTHERN CHILE

Trexquant Investment Lp increased its stake in Travelport Worldwide Ltd (TVPT) by 90.35% based on its latest 2018Q1 regulatory filing with the SEC. Trexquant Investment Lp bought 35,578 shares as the company’s stock rose 26.15% while stock markets declined. The institutional investor held 74,957 shares of the transportation services company at the end of 2018Q1, valued at $1.23 million, up from 39,379 at the end of the previous reported quarter. Trexquant Investment Lp who had been investing in Travelport Worldwide Ltd for a number of months, seems to be bullish on the $2.39 billion market cap company. The stock decreased 0.05% or $0.01 during the last trading session, reaching $18.97. About 328,443 shares traded. Travelport Worldwide Limited (NYSE:TVPT) has risen 28.46% since June 14, 2017 and is uptrending. It has outperformed by 15.89% the S&P500. Some Historical TVPT News: 26/03/2018 – Travelport comments on Elliott Associates, L.P. investment; 12/03/2018 – TRAVELPORT WORLDWIDE LTD – SENIOR SECURED NOTES WERE PRICED AT 100%; 04/05/2018 – TRAVELPORT WORLDWIDE LTD TVPT.N : UBS RAISES TARGET PRICE TO $18 FROM $15; 26/03/2018 – Elliott says could buy Travelport, buys 12 percent stake; 26/03/2018 – ELLIOT TO URGE TRAVELPORT TO EXPLORE SALE OF ALL, PARTS OF CO; 03/05/2018 – Travelport Worldwide Sees FY18 Rev $2.535B-$2.585B; 26/03/2018 – TRAVELPORT: HAS REGULAR-OPEN DIALOGUE WITH HOLDERS; 17/04/2018 – FTC: 20180994: Elliott Associates, L.P.; Travelport Worldwide Limited; 12/03/2018 – TRAVELPORT WORLDWIDE LTD – SENIOR SECURED NOTES WILL HAVE A MATURITY DATE OF MARCH 15, 2026; 09/05/2018 – Travelport Worldwide Access Event Set By SunTrust for May. 16

Among 9 analysts covering Travelport Worldwide Limited (NYSE:TVPT), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Travelport Worldwide Limited had 16 analyst reports since December 22, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Tuesday, May 15. The firm earned “Buy” rating on Wednesday, August 2 by Cowen & Co. As per Friday, May 4, the company rating was maintained by Morgan Stanley. Cowen & Co maintained Travelport Worldwide Limited (NYSE:TVPT) on Wednesday, June 28 with “Buy” rating. The rating was downgraded by Morgan Stanley on Monday, January 23 to “Equal-Weight”. The rating was maintained by UBS with “Neutral” on Wednesday, February 21. Deutsche Bank maintained Travelport Worldwide Limited (NYSE:TVPT) rating on Tuesday, March 27. Deutsche Bank has “Buy” rating and $21 target. Cowen & Co maintained Travelport Worldwide Limited (NYSE:TVPT) rating on Tuesday, October 31. Cowen & Co has “Buy” rating and $19.0 target. Morgan Stanley maintained Travelport Worldwide Limited (NYSE:TVPT) rating on Wednesday, February 21. Morgan Stanley has “Equal-Weight” rating and $14.5 target. The firm has “Underperform” rating by Evercore given on Friday, January 5.

Another recent and important Travelport Worldwide Limited (NYSE:TVPT) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Wix, AxoGen, YPF Sociedad Anonima, Orix Corp Ads, Travelport Worldwide …” on June 04, 2018.

Trexquant Investment Lp, which manages about $105.00M and $1.43B US Long portfolio, decreased its stake in Sempra Energy (NYSE:SRE) by 4,427 shares to 1,946 shares, valued at $216,000 in 2018Q1, according to the filing. It also reduced its holding in Nu Skin Enterprises Inc (NYSE:NUS) by 21,897 shares in the quarter, leaving it with 4,783 shares, and cut its stake in Medidata Solutions Inc (NASDAQ:MDSO).

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 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) has “Neutral” rating given on Monday, October 23 by UBS. The rating was initiated by Cowen & Co with “Market Perform” on Tuesday, June 7. Langenberg upgraded the shares of GE in report on Monday, November 13 to “Buy” rating. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Tuesday, July 21 by TheStreet. The company was downgraded on Friday, July 21 by CFRA. The stock has “Sell” rating by DZ Bank on Wednesday, March 28. The company was maintained on Tuesday, April 3 by Stifel Nicolaus. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Monday, July 10 by RBC Capital Markets. The firm earned “Equal-Weight” rating on Monday, October 2 by Morgan Stanley. RBC Capital Markets maintained General Electric Company (NYSE:GE) on Monday, April 23 with “Hold” rating.

Investors sentiment increased to 0.55 in Q1 2018. Its up 0.05, from 0.5 in 2017Q4. It increased, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. New York-based Geller Advisors Limited Com has invested 0.09% in General Electric Company (NYSE:GE). Livingston Grp Inc Asset (Operating As Southport Capital Management) holds 1.16% of its portfolio in General Electric Company (NYSE:GE) for 192,209 shares. Teachers Retirement System Of The State Of Kentucky invested 0.15% of its portfolio in General Electric Company (NYSE:GE). Gateway Advisory Limited Liability Co has invested 0.19% in General Electric Company (NYSE:GE). Perkins Coie Trust invested 0.54% of its portfolio in General Electric Company (NYSE:GE). Atwood Palmer Inc holds 27,489 shares. Heritage Wealth Advsr invested in 22,975 shares. First Interstate Savings Bank invested in 94,159 shares or 0.29% of the stock. Rathbone Brothers Public Limited Company reported 899,206 shares or 0.49% of all its holdings. Tocqueville Asset Mngmt Limited Partnership invested 0.43% of its portfolio in General Electric Company (NYSE:GE). 338,647 are held by Kanawha Management Ltd. Baystate Wealth Management Ltd Limited Liability Company holds 0.02% or 8,629 shares in its portfolio. Trillium Asset Ltd Llc invested in 11,826 shares or 0.01% of the stock. Kamunting Street Management Limited Partnership holds 40,000 shares or 0.42% of its portfolio. Destination Wealth Mgmt holds 0% or 581 shares.

General Electric Company (NYSE:GE) Institutional Positions Chart

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