Palisade Asset Management Decreased General Electric Co (GE) Stake by $3.46 Million; Medical Pptys Trust (MPW) Shareholder Capital Impact Advisors Has Lifted Its Stake by $351,048

August 12, 2018 - By Mark Babin

General Electric Company (NYSE:GE) Logo

Palisade Asset Management Llc decreased its stake in General Electric Co (GE) by 71.77% based on its latest 2018Q1 regulatory filing with the SEC. Palisade Asset Management Llc sold 266,216 shares as the company’s stock declined 0.14% with the market. The institutional investor held 104,713 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $1.41 million, down from 370,929 at the end of the previous reported quarter. Palisade Asset Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $110.99 billion market cap company. The stock decreased 1.31% or $0.17 during the last trading session, reaching $12.77. About 48.45M shares traded. General Electric Company (NYSE:GE) has declined 46.78% since August 12, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 12/03/2018 – GE CITES POOR OVERALL PERFORMANCE OF THE CO; 16/05/2018 – GE Expands Its Innovative Advanced Gas Path Technology to Fifth Gas Turbine Fleet and Announces First Adoption in the Cement Industry; 21/05/2018 – GE agrees $11bn transport tie-up; 23/05/2018 – GE Chief Gives Cautious Outlook for Power Business; 20/04/2018 – GE Earnings: Is the Worst Over? — Barron’s Blog; 23/05/2018 – GE CEO: REVIEWING PORTFOLIO IN A `DELIBERATE WAY’; 21/05/2018 – ? GE agrees to $11bn […]; 20/04/2018 – GE reported first-quarter earnings which exceeded expectations, while revenue fell short; 25/04/2018 – General Electric workers, shareholders protest at annual meeting; 09/03/2018 – Yahoo! UK: Exclsuive: GE explores divesting electrical engineering business

Capital Impact Advisors Llc increased its stake in Medical Pptys Trust Inc (MPW) by 33.57% based on its latest 2018Q1 regulatory filing with the SEC. Capital Impact Advisors Llc bought 29,254 shares as the company’s stock rose 5.89% while stock markets declined. The institutional investor held 116,404 shares of the consumer services company at the end of 2018Q1, valued at $1.51 million, up from 87,150 at the end of the previous reported quarter. Capital Impact Advisors Llc who had been investing in Medical Pptys Trust Inc for a number of months, seems to be bullish on the $5.25B market cap company. The stock decreased 2.71% or $0.4 during the last trading session, reaching $14.38. About 2.88 million shares traded or 65.47% up from the average. Medical Properties Trust, Inc. (NYSE:MPW) has risen 3.42% since August 12, 2017 and is uptrending. It has underperformed by 9.15% the S&P500. Some Historical MPW News: 03/05/2018 – MEDICAL PROPERTIES TRUST INC – QTRLY NORMALIZED FUNDS FROM OPERATIONS ON A PER DILUTED SHARE BASIS OF $0.36; 03/05/2018 – Medical Properties Trust 1Q EPS 25c; 30/05/2018 – MEDICAL PROPERTIES TO SELL EQUITY INVESTMENT IN ERNEST HEALTH; 01/05/2018 – Mohawk Medical Properties REIT Sells to Invesque Inc. for C$177M and Announces Approval and Closing of Arrangement; 21/04/2018 DJ Medical Properties Trust Inc, Inst Holders, 1Q 2018 (MPW); 30/05/2018 – MEDICAL PROPERTIES TRUST, INC. AGREES TO SELL EQUITY INVESTMENT IN ERNEST HEALTH, INC. TO ONE EQUITY PARTNERS; 30/05/2018 – MEDICAL PROPERTIES TRUST – WILL CONTINUE TO OWN REAL ESTATE INTERESTS OF 25 POST-ACUTE HOSPITALS OPERATED BY ERNEST WITH INVESTMENT OF ABOUT $500 MLN; 30/05/2018 – MEDICAL PROPERTIES TRUST INC – TRANSACTION TO GENERATE PROCEEDS TO MPT OF $175 MLN FOR AN APPROXIMATE 13% UNLEVERED IRR ON 2012 INVESTMENT OF $96 MLN; 03/05/2018 – Medical Properties Trust 1Q Normalized FFO/Shr 36c; 03/05/2018 – MEDICAL PROPERTIES TRUST INC QTRLY SHR $0.25

Since February 14, 2018, it had 0 insider purchases, and 2 insider sales for $7.53 million activity.

Capital Impact Advisors Llc, which manages about $127.23M and $243.20 million US Long portfolio, decreased its stake in Square Inc by 31,495 shares to 40,511 shares, valued at $1.99M in 2018Q1, according to the filing. It also reduced its holding in Synopsys Inc (NASDAQ:SNPS) by 5,336 shares in the quarter, leaving it with 18,804 shares, and cut its stake in Universal Hlth Svcs Inc (NYSE:UHS).

Investors sentiment decreased to 1.1 in Q1 2018. Its down 0.13, from 1.23 in 2017Q4. It is negative, as 26 investors sold MPW shares while 107 reduced holdings. 36 funds opened positions while 110 raised stakes. 275.73 million shares or 3.61% less from 286.05 million shares in 2017Q4 were reported. Retirement Of Alabama holds 0.03% or 471,665 shares. State Of Alaska Department Of Revenue owns 227,400 shares. Kcm Advsrs Limited Liability has invested 0.01% of its portfolio in Medical Properties Trust, Inc. (NYSE:MPW). Vantage Advisors stated it has 0.01% of its portfolio in Medical Properties Trust, Inc. (NYSE:MPW). Manufacturers Life The owns 585,799 shares for 0.01% of their portfolio. Waterfront Prtnrs Ltd Liability Co accumulated 1.25% or 800,704 shares. D E Shaw & Company stated it has 71,508 shares or 0% of all its holdings. Teacher Retirement Sys Of Texas has 80,566 shares. Cwm Lc has 0% invested in Medical Properties Trust, Inc. (NYSE:MPW). Brown Brothers Harriman And Company owns 127 shares for 0% of their portfolio. First Midwest Retail Bank Division has invested 0.03% of its portfolio in Medical Properties Trust, Inc. (NYSE:MPW). Kennedy Cap Incorporated accumulated 737,691 shares or 0.19% of the stock. Janney Montgomery Scott Limited Liability holds 0.04% or 288,932 shares in its portfolio. Arcadia Investment Management Corp Mi accumulated 2,000 shares or 0.01% of the stock. Focused Wealth Management Inc stated it has 400 shares.

More recent Medical Properties Trust, Inc. (NYSE:MPW) news were published by: Seekingalpha.com which released: “Medical Properties Trust, Inc. (MPW) CEO Edward K. Aldag, Jr. on Q2 2018 Results – Earnings Call Transcript” on August 02, 2018. Also Nasdaq.com published the news titled: “Market Trends Toward New Normal in Medical Properties Trust, Calavo Growers, Pinnacle Entertainment, Systemax …” on August 08, 2018. Seekingalpha.com‘s news article titled: “Lanny’s July Dividend Income Summary” with publication date: August 08, 2018 was also an interesting one.

Among 14 analysts covering Medical Properties Trust (NYSE:MPW), 4 have Buy rating, 1 Sell and 9 Hold. Therefore 29% are positive. Medical Properties Trust had 37 analyst reports since September 17, 2015 according to SRatingsIntel. The stock of Medical Properties Trust, Inc. (NYSE:MPW) has “Neutral” rating given on Thursday, August 25 by BTIG Research. The firm earned “Market Perform” rating on Friday, July 1 by JMP Securities. The firm has “Hold” rating by KeyBanc Capital Markets given on Monday, October 16. RBC Capital Markets maintained Medical Properties Trust, Inc. (NYSE:MPW) on Monday, July 24 with “Buy” rating. The company was upgraded on Friday, December 15 by JP Morgan. The rating was downgraded by Jefferies to “Hold” on Tuesday, January 12. The firm has “Outperform” rating by RBC Capital Markets given on Monday, November 9. The firm earned “Buy” rating on Sunday, October 22 by RBC Capital Markets. Deutsche Bank maintained the stock with “Hold” rating in Monday, March 19 report. Jefferies maintained it with “Buy” rating and $15.0 target in Monday, August 28 report.

Investors sentiment increased to 0.55 in Q1 2018. Its up 0.05, from 0.5 in 2017Q4. It is positive, 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. Coastline Com accumulated 62,278 shares or 0.13% of the stock. Stonehearth Capital Mngmt Ltd Liability Corporation invested in 0.78% or 74,707 shares. Shelton Capital Mgmt has invested 0.06% in General Electric Company (NYSE:GE). New York-based Stone Ridge Asset Ltd Com has invested 0.01% in General Electric Company (NYSE:GE). Evermay Wealth Limited Liability Corp owns 62,443 shares for 0.29% of their portfolio. Bennicas And Assoc Incorporated accumulated 34,117 shares or 0.41% of the stock. Zeke Advsr Ltd Company reported 0.28% stake. Fifth Third Fincl Bank invested 0.29% of its portfolio in General Electric Company (NYSE:GE). Optimum Inv Advisors has invested 0.13% of its portfolio in General Electric Company (NYSE:GE). 265,761 are owned by Douglass Winthrop Llc. Northpointe Capital Ltd Liability Co owns 8,283 shares. Moneta Invest Advsr Ltd Liability Com has invested 0.09% of its portfolio in General Electric Company (NYSE:GE). Contravisory Inv Mngmt stated it has 0.02% of its portfolio in General Electric Company (NYSE:GE). Gemmer Asset Management Ltd Limited Liability Company holds 0.06% or 12,972 shares. Tradition Mgmt Lc has 0.05% invested in General Electric Company (NYSE:GE).

Since July 24, 2018, it had 1 buying transaction, and 0 insider sales for $2.49 million activity.

Among 29 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 4 Sell and 17 Hold. Therefore 28% are positive. General Electric Company had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by JP Morgan on Thursday, May 12 with “Underweight”. The rating was upgraded by Oppenheimer to “Hold” on Tuesday, June 26. The company was downgraded on Tuesday, October 24 by Oppenheimer. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by Credit Suisse on Monday, November 23. The stock has “Buy” rating by RBC Capital Markets on Monday, July 10. The stock has “Overweight” rating by Barclays Capital on Monday, October 5. The firm has “Neutral” rating given on Wednesday, April 26 by Bank of America. RBC Capital Markets maintained the shares of GE in report on Monday, January 25 with “Outperform” rating. On Monday, October 19 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Sell” rating by J.P. Morgan given on Wednesday, May 30.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE Has The Wind At Its Back” on July 24, 2018, also Seekingalpha.com with their article: “Another Blow To General Electric” published on July 23, 2018, 247Wallst.com published: “6 Most Important Things in Business Today” on August 09, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “The Dismantling Of GE” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “GE/Safran: A Jet-Engine Pure-Play” with publication date: July 22, 2018.

General Electric Company (NYSE:GE) Institutional Positions Chart

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