As O Reilly Automotive (ORLY) Market Valuation Declined, Long Road Investment Counsel Trimmed Its Stake by $2.47 Million; Crossvault Capital Management Has Cut Its Stake in General Electric Co (GE) by $523,800

November 15, 2017 - By Adrian Erickson

Crossvault Capital Management Llc decreased its stake in General Electric Co (GE) by 31.93% based on its latest 2017Q2 regulatory filing with the SEC. Crossvault Capital Management Llc sold 19,400 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 41,364 shares of the consumer electronics and appliances company at the end of 2017Q2, valued at $1.12M, down from 60,764 at the end of the previous reported quarter. Crossvault Capital Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $155.23B market cap company. The stock decreased 5.91% or $1.12 during the last trading session, reaching $17.9. About 67,880 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since November 15, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Colin Hall decreased its stake in O Reilly Automotive (ORLY) by 28.54% based on its latest 2017Q2 regulatory filing with the SEC. Long Road Investment Counsel Llc sold 11,348 shares as the company’s stock declined 6.25% while stock markets rallied. The hedge fund run by Colin Hall held 28,417 shares of the consumer services company at the end of 2017Q2, valued at $6.22M, down from 39,765 at the end of the previous reported quarter. Long Road Investment Counsel Llc who had been investing in O Reilly Automotive for a number of months, seems to be less bullish one the $18.42 billion market cap company. The stock increased 0.80% or $1.72 during the last trading session, reaching $215.89. About shares traded. O’Reilly Automotive Inc (NASDAQ:ORLY) has declined 1.60% since November 15, 2016 and is downtrending. It has underperformed by 18.30% the S&P500.




Crossvault Capital Management Llc, which manages about $184.05M and $166.28 million US Long portfolio, upped its stake in Boeing Company (NYSE:BA) by 1,925 shares to 34,210 shares, valued at $6.77M in 2017Q2, according to the filing. It also increased its holding in Caterpillar Inc (NYSE:CAT) by 6,845 shares in the quarter, for a total of 14,020 shares, and has risen its stake in Gilead Sciences (NASDAQ:GILD).

More notable recent General Electric Company (NYSE:GE) news were published by: Bostonglobe.com which released: “GE faces a major inflection point under new CEO John Flannery” on November 12, 2017, also Cnbc.com with their article: “Lonely Wall Street analyst is ‘sticking’ with General Electric even after its …” published on November 14, 2017, Cnbc.com published: “GE shares break below $18 as two-day loss reaches 12%; Wall Street expects …” on November 14, 2017. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “GE’s Dividend Cut May Not Be Deep Enough” published on November 15, 2017 as well as Forbes.com‘s news article titled: “General Electric Company May Spin-Off Transportation Division” with publication date: November 01, 2017.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.28 EPS, down 39.13% or $0.18 from last year’s $0.46 per share. GE’s profit will be $2.43B for 15.98 P/E if the $0.28 EPS becomes a reality. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1. It is negative, as 85 investors sold GE shares while 816 reduced holdings. 111 funds opened positions while 598 raised stakes. 4.61 billion shares or 0.66% more from 4.58 billion shares in 2017Q1 were reported. 465,028 are owned by Amica Mutual. Arizona State Retirement System reported 2.16 million shares. Robecosam Ag holds 5,400 shares. Janney Mngmt Ltd Liability accumulated 872,812 shares or 1.11% of the stock. 82,493 are held by Eos Management Lp. Benchmark Capital Advsr invested 0.84% of its portfolio in General Electric Company (NYSE:GE). 40,729 were reported by Pinnacle Advisory Group Incorporated. Northwest Investment Counselors Limited Liability Com invested in 9,321 shares. Beck Mack & Oliver Lc owns 183,184 shares or 0.17% of their US portfolio. Dana Invest Advsrs reported 85,291 shares. Rothschild Inv Il has invested 1.43% in General Electric Company (NYSE:GE). Acropolis Inv Mngmt Limited Co accumulated 10,847 shares. Palladium Ltd Llc holds 887,885 shares or 1.9% of its portfolio. Svcs Of America invested in 13,125 shares or 0.06% of the stock. Scotia Capital accumulated 2.59M shares.

Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. Therefore 40% are positive. General Electric Company had 77 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America downgraded General Electric Company (NYSE:GE) on Wednesday, April 26 to “Neutral” rating. On Monday, September 11 the stock rating was maintained by Deutsche Bank with “Sell”. The stock of General Electric Company (NYSE:GE) earned “Market Perform” rating by Bernstein on Tuesday, July 26. The firm has “Buy” rating given on Monday, October 23 by Citigroup. On Friday, October 14 the stock rating was maintained by UBS with “Buy”. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Oppenheimer on Monday, July 17. Bernstein downgraded it to “Market Perform” rating and $34 target in Monday, April 4 report. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, June 12 by Cowen & Co. The rating was downgraded by Morgan Stanley on Monday, October 23 to “Underweight”. The firm has “Buy” rating by Argus Research given on Wednesday, December 23.

Analysts await O’Reilly Automotive Inc (NASDAQ:ORLY) to report earnings on February, 6. They expect $2.77 earnings per share, up 6.95% or $0.18 from last year’s $2.59 per share. ORLY’s profit will be $236.34M for 19.48 P/E if the $2.77 EPS becomes a reality. After $3.22 actual earnings per share reported by O’Reilly Automotive Inc for the previous quarter, Wall Street now forecasts -13.98% negative EPS growth.

Since May 19, 2017, it had 1 insider buy, and 0 sales for $11,750 activity. On Tuesday, May 23 LAURO JEFFREY ALAN bought $11,750 worth of O’Reilly Automotive Inc (NASDAQ:ORLY) or 50 shares.

Long Road Investment Counsel Llc, which manages about $118.29 million and $135.94M US Long portfolio, upped its stake in Cheesecake Factory (NASDAQ:CAKE) by 12,260 shares to 47,079 shares, valued at $2.37 million in 2017Q2, according to the filing.

More notable recent O’Reilly Automotive Inc (NASDAQ:ORLY) news were published by: Nasdaq.com which released: “Weik Investment Services Inc Buys O’Reilly Automotive Inc, Schwab US …” on November 13, 2017, also Nasdaq.com with their article: “O’Reilly Automotive Inc. Q3 Earnings Climb 2%” published on October 25, 2017, Marketwatch.com published: “O’Reilly Auto shares fall on disappointing outlook” on October 25, 2017. More interesting news about O’Reilly Automotive Inc (NASDAQ:ORLY) were released by: Cnbc.com and their article: “Cramer’s lightning round: Sell O’Reilly Automotive on the Amazon effect” published on October 23, 2017 as well as Globenewswire.com‘s news article titled: “O’Reilly Automotive, Inc. Appoints Greg Henslee and Dana Perlman to Its Board …” with publication date: November 13, 2017.

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