General Electric Company (GE) Shares Bought by Accredited Investors

The shares of American Electric Power Company Inc (NYSE:AEP) had been given positive outlook from Sell-side analysts. Baker Avenue Asset Management now owns 204,491 shares of the company’s stock valued at $5,157,000 after buying an additional 55,242 shares during the period.

General Mills (NYSE:GIS) last released its quarterly earnings data on Thursday, December 17th. The company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.02. Revenue was $33.9 billion, up 1%.

General Electric Company (NYSE:GE) has lost 0.88% during the past week and dropped 8.4% in the last 4 weeks. American Electric Power Company has a 12 month low of $52.29 and a 12 month high of $65.38. The company’s market cap is $274.61 billion.

A number of other large investors also recently modified their holdings of the stock. Beacon Capital Management raised its stake in General Electric Company by 50.2% in the fourth quarter. Lowe FS now owns 1,297 shares of the company’s stock worth $33,000 after buying an additional 789 shares in the last quarter. Eagle Asset Management increased its stake in shares of General Mills by 100.0% in the third quarter. Finally, Pecaut & Company bought a new stake in shares of General Electric Company during the fourth quarter valued at approximately $283,000.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of General Electric Co, Dsouza Francisco, had purchased 36,500 shares in a transaction dated on April 30, 2015.

Several research firms recently weighed in on GE. Finally, Independent Research GmbH set a $35.00 price target on shares of General Electric Company and gave the stock a “buy” rating in a report on Monday.

Vetr raised shares of General Electric Company from a “hold” rating to a “buy” rating and set a $32.26 price target for the company in a report on Monday, November 23rd. William Blair reaffirmed a “buy” rating on shares of General Electric Company in a report on Wednesday, November 11th. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

Wall Street consensus is expecting that Kilroy Realty Corporation (NYSE:KRC) will report earnings of $0.79 per share when the firm next issues their quarterly results.


The stock presently has a consensus rating of “Buy” and a consensus price target of $31.71. The vertically integrated utilities segment generates, transmits and distributes electricity through AEP Generating Company, Appalachian Power Company, Indiana Michigan Power Company, Kingsport Power Company, Kentucky Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and Wheeling Power Company. Its Oil and Gas segment provides surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turboexpanders, reactors, industrial power generation, and auxiliary equipment. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, credit cards, personal loans, and other financial services. The Company operates through two segments: Electric utility and Bank.


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