As Jabil (JBL) Stock Rose, Shareholder Leuthold Group Lowered Position; Bowling Portfolio Management Has Cut General Electric Co (GE) Position by $405,008; Stock Price Declined

May 18, 2018 - By Matt Maslow

General Electric Company (NYSE:GE) Logo

Bowling Portfolio Management Llc decreased its stake in General Electric Co (GE) by 26.42% based on its latest 2017Q4 regulatory filing with the SEC. Bowling Portfolio Management Llc sold 23,824 shares as the company’s stock declined 23.20% with the market. The institutional investor held 66,346 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.16M, down from 90,170 at the end of the previous reported quarter. Bowling Portfolio Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $130.50B market cap company. The stock decreased 0.03% or $0.005 during the last trading session, reaching $15.025. About 3.70 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 18, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.




Leuthold Group Llc decreased its stake in Jabil Inc. (JBL) by 4.32% based on its latest 2017Q4 regulatory filing with the SEC. Leuthold Group Llc sold 15,918 shares as the company’s stock rose 7.27% while stock markets declined. The hedge fund held 352,699 shares of the technology company at the end of 2017Q4, valued at $9.26 million, down from 368,617 at the end of the previous reported quarter. Leuthold Group Llc who had been investing in Jabil Inc. for a number of months, seems to be less bullish one the $4.81 billion market cap company. The stock decreased 0.04% or $0.01 during the last trading session, reaching $28.1. About 18,823 shares traded. Jabil Inc. (NYSE:JBL) has declined 0.49% since May 18, 2017 and is downtrending. It has underperformed by 12.04% the S&P500.

More notable recent General Electric Company (NYSE:GE) news were published by: 247Wallst.com which released: “Why General Electric Earnings Are Brightening Investors’ Morning” on April 20, 2018, also Seekingalpha.com with their article: “General Electric: Selling Low?” published on May 17, 2018, Livetradingnews.com published: “General Electric Company (NYSE:GE) Stock Worth Watching” on May 18, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Death Could Be Best For Shareholders” published on April 25, 2018 as well as Fool.com‘s news article titled: “How General Electric Has Changed in the Last 2 Years” with publication date: May 16, 2018.

Bowling Portfolio Management Llc, which manages about $492.89 million and $752.40 million US Long portfolio, upped its stake in Camden Natl Corp (NASDAQ:CAC) by 20,564 shares to 37,860 shares, valued at $1.60M in 2017Q4, according to the filing. It also increased its holding in Louisiana Pac Corp (NYSE:LPX) by 31,894 shares in the quarter, for a total of 72,232 shares, and has risen its stake in Valero Energy Corp (NYSE:VLO).

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

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 102 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Tuesday, November 14 with “Buy”. JP Morgan maintained General Electric Company (NYSE:GE) on Tuesday, March 13 with “Underweight” rating. Stifel Nicolaus maintained it with “Buy” rating and $32 target in Monday, October 19 report. On Thursday, October 6 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Vetr on Tuesday, September 22. The firm has “Underweight” rating given on Wednesday, November 1 by JP Morgan. The firm has “Hold” rating given on Thursday, March 23 by BMO Capital Markets. Bank of America downgraded General Electric Company (NYSE:GE) rating on Wednesday, April 26. Bank of America has “Neutral” rating and $31 target. The company was maintained on Monday, July 24 by Oppenheimer. The firm has “Outperform” rating given on Monday, April 24 by RBC Capital Markets.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It is 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. Boltwood Mngmt reported 0.69% of its portfolio in General Electric Company (NYSE:GE). Bp Public Limited invested in 0.32% or 517,000 shares. 72,390 are held by Overbrook Management Corporation. Naples Lc reported 64,383 shares or 0.33% of all its holdings. Bangor National Bank has 0.31% invested in General Electric Company (NYSE:GE) for 61,698 shares. Stellar Cap Mngmt Ltd Liability stated it has 1.24% in General Electric Company (NYSE:GE). Ngam Advsr Limited Partnership reported 0.1% of its portfolio in General Electric Company (NYSE:GE). Buckingham Capital Management invested in 0.57% or 155,182 shares. Oakworth Capital has 54,401 shares for 0.23% of their portfolio. 38,455 were reported by Accredited Inc. Northstar Advisors Ltd Com invested 0.08% of its portfolio in General Electric Company (NYSE:GE). Texas Yale Cap stated it has 0.07% in General Electric Company (NYSE:GE). Grimes, Massachusetts-based fund reported 126,852 shares. Raab Moskowitz Asset Ltd Limited Liability Company holds 108,872 shares. Signature & Advsrs Limited Liability holds 0.01% or 8,361 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 EPS, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56 billion for 20.87 P/E if the $0.18 EPS becomes a reality. After $0.16 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Analysts await Jabil Inc. (NYSE:JBL) to report earnings on June, 13. They expect $0.36 EPS, up 71.43% or $0.15 from last year’s $0.21 per share. JBL’s profit will be $61.67 million for 19.51 P/E if the $0.36 EPS becomes a reality. After $0.57 actual EPS reported by Jabil Inc. for the previous quarter, Wall Street now forecasts -36.84% negative EPS growth.

Leuthold Group Llc, which manages about $1.60 billion and $1.00 billion US Long portfolio, upped its stake in Micron Technology Inc. (NASDAQ:MU) by 117,050 shares to 152,242 shares, valued at $6.26 million in 2017Q4, according to the filing. It also increased its holding in Gilead Sciences Inc. (NASDAQ:GILD) by 23,508 shares in the quarter, for a total of 95,395 shares, and has risen its stake in Bed Bath & Beyond Inc. (NASDAQ:BBBY).

Since January 12, 2018, it had 0 insider buys, and 10 insider sales for $2.83 million activity. Cadavid Sergio sold $342,000 worth of stock or 12,000 shares. 13,915 Jabil Inc. (NYSE:JBL) shares with value of $368,767 were sold by PETERS WILLIAM E. $12,639 worth of Jabil Inc. (NYSE:JBL) was sold by Hoch Erich on Friday, March 16.

Among 15 analysts covering Jabil Circuit (NYSE:JBL), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. Jabil Circuit had 53 analyst reports since August 27, 2015 according to SRatingsIntel. Goldman Sachs downgraded Jabil Inc. (NYSE:JBL) on Tuesday, June 7 to “Sell” rating. Needham maintained the shares of JBL in report on Thursday, June 15 with “Buy” rating. The company was maintained on Wednesday, August 30 by Needham. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, August 1. The stock of Jabil Inc. (NYSE:JBL) earned “Buy” rating by Standpoint Research on Tuesday, February 27. As per Monday, September 25, the company rating was downgraded by Bank of America. RBC Capital Markets maintained the shares of JBL in report on Thursday, September 22 with “Sector Perform” rating. Argus Research maintained the stock with “Buy” rating in Tuesday, December 22 report. On Thursday, September 28 the stock rating was maintained by J.P. Morgan with “Buy”. As per Thursday, June 15, the company rating was maintained by UBS.

Another recent and important Jabil Inc. (NYSE:JBL) news was published by Streetinsider.com which published an article titled: “Jabil Circuit (JBL) CFO Forbes Alexander to Retire” on April 24, 2018.

Jabil Inc. (NYSE:JBL) Institutional Positions Chart

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