Newman Dignan & Sheerar Position in General Electric (GE) Has Lowered by $833,867 as Market Value Declined; As Grace W R & Co Del New (GRA) Share Value Declined, Holder Bluecrest Capital Management LTD Decreased Its Position by $1.16 Million

April 20, 2018 - By Vivian Park

General Electric Company (NYSE:GE) Logo

Bluecrest Capital Management Ltd decreased its stake in Grace W R & Co Del New (GRA) by 26.65% based on its latest 2017Q4 regulatory filing with the SEC. Bluecrest Capital Management Ltd sold 16,554 shares as the company’s stock declined 13.01% with the market. The institutional investor held 45,572 shares of the major chemicals company at the end of 2017Q4, valued at $3.20 million, down from 62,126 at the end of the previous reported quarter. Bluecrest Capital Management Ltd who had been investing in Grace W R & Co Del New for a number of months, seems to be less bullish one the $4.47B market cap company. The stock decreased 4.63% or $3.22 during the last trading session, reaching $66.26. About 1.44 million shares traded or 76.26% up from the average. W. R. Grace & Co. (NYSE:GRA) has declined 11.43% since April 20, 2017 and is downtrending. It has underperformed by 22.98% the S&P500.

Newman Dignan & Sheerar Inc decreased its stake in General Electric (GE) by 36.88% based on its latest 2017Q4 regulatory filing with the SEC. Newman Dignan & Sheerar Inc sold 49,051 shares as the company’s stock declined 23.20% with the market. The institutional investor held 83,933 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.47 million, down from 132,984 at the end of the previous reported quarter. Newman Dignan & Sheerar Inc who had been investing in General Electric for a number of months, seems to be less bullish one the $125.52B market cap company. The stock increased 3.32% or $0.465 during the last trading session, reaching $14.455. About 122.66 million shares traded or 47.06% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since April 20, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Bluecrest Capital Management Ltd, which manages about $3.68 billion US Long portfolio, upped its stake in First Rep Bk San Francisco C (NYSE:FRC) by 47,163 shares to 76,904 shares, valued at $6.66M in 2017Q4, according to the filing. It also increased its holding in Acadia Rlty Tr (NYSE:AKR) by 11,783 shares in the quarter, for a total of 20,478 shares, and has risen its stake in Commercial Metals Co (NYSE:CMC).

Investors sentiment increased to 1.34 in Q4 2017. Its up 0.13, from 1.21 in 2017Q3. It improved, as 24 investors sold GRA shares while 68 reduced holdings. 37 funds opened positions while 86 raised stakes. 56.69 million shares or 0.57% more from 56.37 million shares in 2017Q3 were reported. Principal Group Incorporated holds 0% or 9,416 shares in its portfolio. Guggenheim Cap Limited Liability Company has invested 0% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Toronto Dominion National Bank & Trust holds 0% or 4,020 shares. Cramer Rosenthal Mcglynn Ltd Llc holds 1.07% or 950,918 shares in its portfolio. 566,055 were accumulated by Westfield Mgmt Limited Partnership. Andra Ap owns 32,000 shares. Rbf Cap Ltd Liability Corp accumulated 22,500 shares. Asset One Ltd reported 109,444 shares. State Of Alaska Department Of Revenue reported 5,000 shares. Sg Americas Securities Ltd Limited Liability Company owns 7,189 shares or 0% of their US portfolio. Stevens Capital Mngmt Lp reported 70,157 shares or 0.19% of all its holdings. 4.61M were accumulated by Blackrock. Geode Mngmt Llc has 0.01% invested in W. R. Grace & Co. (NYSE:GRA) for 536,690 shares. Swiss Commercial Bank owns 251,300 shares for 0.02% of their portfolio. Capital Fund Management invested in 171,803 shares.

Among 16 analysts covering W. R. Grace & Co (NYSE:GRA), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. W. R. Grace & Co had 33 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Neutral” rating by Tigress Financial on Monday, August 3. On Friday, May 26 the stock rating was initiated by Vertical Research with “Buy”. The firm earned “Buy” rating on Thursday, October 26 by KeyBanc Capital Markets. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Hold” rating by Jefferies on Wednesday, July 19. Monness Crespi maintained the shares of GRA in report on Thursday, April 28 with “Buy” rating. The rating was initiated by Cantor Fitzgerald with “Hold” on Monday, November 30. Seaport Global Securities upgraded the shares of GRA in report on Tuesday, November 1 to “Buy” rating. KeyBanc Capital Markets maintained the stock with “Buy” rating in Friday, February 9 report. Jefferies maintained W. R. Grace & Co. (NYSE:GRA) on Friday, June 16 with “Hold” rating. The rating was downgraded by Jefferies on Wednesday, November 30 to “Hold”.

Analysts await W. R. Grace & Co. (NYSE:GRA) to report earnings on April, 25 before the open. They expect $0.71 earnings per share, up 4.41% or $0.03 from last year’s $0.68 per share. GRA’s profit will be $47.89 million for 23.33 P/E if the $0.71 EPS becomes a reality. After $0.98 actual earnings per share reported by W. R. Grace & Co. for the previous quarter, Wall Street now forecasts -27.55% negative EPS growth.

Since February 13, 2018, it had 3 buys, and 0 selling transactions for $660,474 activity. On Tuesday, February 13 Blaser Thomas E bought $346,196 worth of W. R. Grace & Co. (NYSE:GRA) or 5,300 shares. $65,758 worth of W. R. Grace & Co. (NYSE:GRA) was bought by Cole Keith N.

Since January 26, 2018, it had 1 insider buy, and 0 selling transactions for $43,446 activity.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained General Electric Company (NYSE:GE) rating on Monday, July 17. Cowen & Co has “Hold” rating and $2700 target. The firm earned “Hold” rating on Monday, August 7 by Cowen & Co. UBS downgraded the shares of GE in report on Monday, October 23 to “Neutral” rating. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Tuesday, June 13. Stifel Nicolaus has “Buy” rating and $3300 target. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, October 19 report. The rating was maintained by RBC Capital Markets on Monday, January 25 with “Outperform”. The rating was maintained by UBS with “Buy” on Friday, October 14. The firm earned “Hold” rating on Monday, February 26 by RBC Capital Markets. The stock of General Electric Company (NYSE:GE) has “Equal-Weight” rating given on Monday, July 17 by Morgan Stanley. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Stifel Nicolaus on Wednesday, October 14.

General Electric Company (NYSE:GE) Institutional Positions Chart

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