Levin Capital Strategies LP Increased By $6.25 Million Its General Electric Co (GE) Stake; 5 Bullish Analysts Covering Serco Group plc (LON:SRP)

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Levin Capital Strategies Lp increased General Electric Co (GE) stake by 15.01% reported in 2018Q4 SEC filing. Levin Capital Strategies Lp acquired 892,904 shares as General Electric Co (GE)’s stock rose 39.52%. The Levin Capital Strategies Lp holds 6.84M shares with $51.80 million value, up from 5.95M last quarter. General Electric Co now has $86.70 billion valuation. The stock decreased 3.30% or $0.34 during the last trading session, reaching $9.96. About 189.19M shares traded or 55.67% up from the average. General Electric Company (NYSE:GE) has declined 22.98% since March 17, 2018 and is downtrending. It has underperformed by 27.35% the S&P500. Some Historical GE News: 26/04/2018 – BOEING – SIGNED A MULTI-YEAR PARTS DISTRIBUTION AGREEMENT WITH GE AVIATION TO SUPPORT T700 ENGINE; 26/03/2018 – GE POWER – CO & FIELDCORE SUCCESSFULLY RESTARTED METAHARA SUGAR FACTORY IN ETHIOPIA, 7 MONTHS AFTER SEVERE DAMAGE TO PLANT BY A THUNDERSTORM; 23/05/2018 – GE Chief Gives Cautious Outlook for Power Business; 25/04/2018 – GE Investors Gather After a Difficult Year; 28/03/2018 – Equifax Taps Former GE Executive Begor as CEO; 16/05/2018 – GE BOOSTS CELL CULTURE MEDIA PRODUCTION CAPACITY IN AUSTRIA; 24/05/2018 – GE doesn’t plan to cut dividend again; 18/04/2018 – Regulators had ordered inspections of engine type that blew apart on Southwest plane; 20/04/2018 – GE – GE CAPITAL RESULTS FOR QTR INCLUDE $45 MLN CHARGE RELATED TO UPDATES TO U.S. TAX REFORM IMPACT ON ENERGY INVESTMENTS; 09/03/2018 – CNBC Wires: EXCLUSIVE-GENERAL ELECTRIC CO EXPLORES SALE OF ELECTRICAL ENGINEERING BUSINESS

Among 8 analysts covering Serco Group PLC (LON:SRP), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Serco Group PLC had 39 analyst reports since September 28, 2018 according to SRatingsIntel. The stock of Serco Group plc (LON:SRP) earned “Hold” rating by Liberum Capital on Tuesday, January 15. On Friday, February 8 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Hold” rating by Shore Capital on Friday, September 28. Citigroup upgraded the shares of SRP in report on Tuesday, October 2 to “Neutral” rating. The company was maintained on Friday, September 28 by Peel Hunt. The company was maintained on Thursday, October 18 by RBC Capital Markets. The rating was maintained by Liberum Capital on Friday, September 28 with “Sell”. The stock has “Reduce” rating by Peel Hunt on Tuesday, October 30. The firm has “Hold” rating by Numis Securities given on Friday, December 14. Peel Hunt upgraded Serco Group plc (LON:SRP) on Wednesday, December 19 to “Hold” rating. See Serco Group plc (LON:SRP) latest ratings:

08/03/2019 Broker: Peel Hunt Rating: Hold Old Target: GBX 114.00 Maintain
08/03/2019 Broker: Shore Capital Rating: Buy Maintain
05/03/2019 Broker: RBC Capital Markets Rating: Sector Performer Old Target: GBX 95.00 New Target: GBX 140.00 Maintain
22/02/2019 Broker: UBS Rating: Buy Old Target: GBX 135.00 New Target: GBX 140.00 Maintain
21/02/2019 Broker: Jefferies Rating: Buy New Target: GBX 123.00 Maintain
21/02/2019 Broker: Peel Hunt Rating: Hold Old Target: GBX 114.00 Maintain
21/02/2019 Broker: Shore Capital Rating: Buy Maintain
21/02/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 105.00 Maintain
08/02/2019 Broker: Barclays Capital Rating: Overweight Old Target: GBX 140.00 Maintain
05/02/2019 Broker: JP Morgan Rating: Neutral Old Target: GBX 115.00 New Target: GBX 120.00 Maintain

Among 15 analysts covering General Electric (NYSE:GE), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. General Electric had 41 analyst reports since September 28, 2018 according to SRatingsIntel. As per Monday, March 11, the company rating was maintained by Citigroup. As per Wednesday, March 6, the company rating was maintained by RBC Capital Markets. J.P. Morgan maintained General Electric Company (NYSE:GE) on Tuesday, March 12 with “Hold” rating. The firm has “Buy” rating given on Wednesday, October 31 by UBS. On Wednesday, March 6 the stock rating was maintained by Bank of America with “Hold”. The firm earned “Buy” rating on Thursday, March 14 by RBC Capital Markets. As per Monday, March 4, the company rating was maintained by Citigroup. UBS maintained General Electric Company (NYSE:GE) rating on Tuesday, February 26. UBS has “Buy” rating and $13 target. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Friday, March 8 by Credit Suisse. The rating was maintained by Citigroup with “Buy” on Tuesday, October 30.

Investors sentiment decreased to 0.5 in Q4 2018. Its down 0.06, from 0.56 in 2018Q3. It turned negative, as 148 investors sold GE shares while 738 reduced holdings. 143 funds opened positions while 301 raised stakes. 4.80 billion shares or 5.74% more from 4.54 billion shares in 2018Q3 were reported. Jump Trading Limited Liability reported 50,886 shares or 0.03% of all its holdings. Ameritas Inv Prtn holds 0.1% or 238,465 shares in its portfolio. 61,962 are held by Overbrook Mngmt. Cordasco Networks stated it has 0.11% of its portfolio in General Electric Company (NYSE:GE). Columbia Asset Management holds 0.33% or 145,633 shares in its portfolio. Everett Harris Company Ca holds 0.02% of its portfolio in General Electric Company (NYSE:GE) for 99,088 shares. 23.94 million were accumulated by Barclays Public Limited Com. Condor Capital Mgmt invested in 0.05% or 34,901 shares. Piedmont Advsrs has 0.14% invested in General Electric Company (NYSE:GE). Pennsylvania-based Hbk Sorce Advisory Ltd Liability Company has invested 0.13% in General Electric Company (NYSE:GE). Sunbelt Securities Inc has 0.07% invested in General Electric Company (NYSE:GE). Pennsylvania-based Staley Capital Advisers has invested 0.02% in General Electric Company (NYSE:GE). Torray Limited Com holds 763,317 shares. Lowe Brockenbrough & owns 96,041 shares for 0.12% of their portfolio. Tci Wealth Advisors reported 52,348 shares.

Since November 1, 2018, it had 3 buys, and 0 insider sales for $2.78 million activity. Shares for $2.19M were bought by CULP H LAWRENCE JR on Thursday, November 1. Another trade for 60,000 shares valued at $499,200 was made by DSOUZA FRANCISCO on Wednesday, November 14. The insider DIMITRIEF ALEXANDER bought 10,000 shares worth $94,800.

Levin Capital Strategies Lp decreased Pg&E Corp (NYSE:PCG) stake by 2.63M shares to 687,508 valued at $16.33M in 2018Q4. It also reduced Novagold Resources (NYSEMKT:NG) stake by 136,000 shares and now owns 1.89M shares. T Mobile Us Inc (NYSE:TMUS) was reduced too.

More notable recent General Electric Company (NYSE:GE) news were published by: Benzinga.com which released: “Are GE’s (NYSE:GE) Guidance Cuts Finally Over? Analysts Speak Up On Company’s Financial Update – Benzinga” on March 15, 2019, also Benzinga.com with their article: “Gordon Haskett: GE Bull Thesis ‘Dubious And Lacking Basic Intuition’ (NYSE:GE) – Benzinga” published on March 13, 2019, Fool.com published: “Could General Electric Be a Millionaire Maker Stock? – The Motley Fool” on February 16, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE Headcount Review: Heading For Less Than 200,000, But Reasons For Optimism – Seeking Alpha” published on March 13, 2019 as well as Seekingalpha.com‘s news article titled: “General Electric: What Happened? – Seeking Alpha” with publication date: March 07, 2019.

The stock increased 0.54% or GBX 0.7 during the last trading session, reaching GBX 131.4. About 2.46M shares traded. Serco Group plc (LON:SRP) has 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

General Electric Company (NYSE:GE) Institutional Positions Chart