General Electric (GE) Stock Value Declined While Bangor Savings Bank Has Lifted Position; Baldwin Brothers Position in Hlthcare Tr Of Amer (HTA) Has Decreased by $4.02 Million

July 18, 2018 - By Mary Bollinger

General Electric Company (NYSE:GE) Logo

Baldwin Brothers Inc decreased its stake in Hlthcare Tr Of Amer (HTA) by 86.2% based on its latest 2018Q1 regulatory filing with the SEC. Baldwin Brothers Inc sold 154,714 shares as the company’s stock declined 4.43% with the market. The institutional investor held 24,775 shares of the consumer services company at the end of 2018Q1, valued at $655,000, down from 179,489 at the end of the previous reported quarter. Baldwin Brothers Inc who had been investing in Hlthcare Tr Of Amer for a number of months, seems to be less bullish one the $5.52 billion market cap company. The stock decreased 0.85% or $0.23 during the last trading session, reaching $26.39. About 222,838 shares traded. Healthcare Trust of America, Inc. (NYSE:HTA) has declined 20.72% since July 18, 2017 and is downtrending. It has underperformed by 33.29% the S&P500. Some Historical HTA News: 05/04/2018 – Healthcare Trust of America, Inc. Celebrates Five Years As A Publicly-Traded Company By Ringing The NYSE Closing Bell; 28/03/2018 – Healthcare Trust of America, Inc. Rings NYSE Closing Bell To Celebrate Five Years As A Publicly-Traded Company; 09/05/2018 – RHT HEALTH TRUST RHTH.Sl SAYS INR 144 MLN OF OUTSTANDING CCD INTEREST REMAINS UNPAID AS OF NOW; 09/05/2018 – RHT HEALTH TRUST – UPDATE ON OUTSTANDING AMOUNTS DUE FROM FORTIS HEALTHCARE LIMITED; 05/03/2018 Worldwide Healthcare Trust Plc: Net Asset Value(s); 15/03/2018 – Healthcare Trust of America, Inc. Announces Appointment of Vicki U. Booth to the Company’s Board of Directors; 30/04/2018 – HEALTHCARE TRUST 1Q NORMALIZED FFO/SHR 41C, EST. 41C; 29/05/2018 – FORTIS HEALTHCARE – BINDING BIDS SHALL HAVE PLAN FOR FUNDING OF RHT HEALTH TRUST ACQUISITION, HAVING LONG STOP DATE OF SEPTEMBER 30; 09/05/2018 – RHT HEALTH TRUST: INR144M CCD INTEREST UNPAID TO FORTIS HEALTH; 27/04/2018 – Healthcare Trust of America, Inc. Announces its Second Quarter Dividend

Bangor Savings Bank increased its stake in General Electric Corp (GE) by 122.6% based on its latest 2018Q1 regulatory filing with the SEC. Bangor Savings Bank bought 75,641 shares as the company’s stock declined 0.14% with the market. The institutional investor held 137,339 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $1.85 million, up from 61,698 at the end of the previous reported quarter. Bangor Savings Bank who had been investing in General Electric Corp for a number of months, seems to be bullish on the $119.73 billion market cap company. The stock increased 0.69% or $0.095 during the last trading session, reaching $13.785. About 11.03 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since July 18, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 07/05/2018 – GE & ALTAIR SIGN PACT FOR EXCLUSIVE DISTRIBUTION OF GE’S FLOW S; 20/04/2018 – GE DISTRIBUTED POWER INCL JENBACHER, WAUKESHA GAS-ENGINE OPS; 12/04/2018 – GE Explores Hybrid Deals, Spinoffs in Strategic Review; 27/04/2018 – U.S. State Dept approves possible sale to Bahrain of attack helicopters; 20/04/2018 – Turkish Airlines chooses GE Aviation engines for new planes; 17/04/2018 – NTSB REGULATOR FOCUSING ON A MISSING ENGINE FAN BLADE IN SOUTHWEST FLIGHT TUESDAY – CHAIRMAN; 10/04/2018 – UGANDA AWARDS REFINERY DEAL TO GE-LED GROUP: MUSEVENI; 20/03/2018 – YPF SAYS GE TO PAY $275M PLUS ANOTHER $35M; 24/04/2018 – EU mergers and takeovers (April 24); 20/04/2018 – GE 1Q Earnings Beat Is ‘Relief Rally’ (Video)

More news for Healthcare Trust of America, Inc. (NYSE:HTA) were recently published by: Seekingalpha.com, which released: “Premarket analyst action – healthcare” on July 10, 2018. Investorplace.com‘s article titled: “10 Dividend Stocks That Will Double Your Money” and published on July 16, 2018 is yet another important article.

Analysts await Healthcare Trust of America, Inc. (NYSE:HTA) to report earnings on July, 30. They expect $0.42 earnings per share, up 7.69% or $0.03 from last year’s $0.39 per share. HTA’s profit will be $87.84M for 15.71 P/E if the $0.42 EPS becomes a reality. After $0.41 actual earnings per share reported by Healthcare Trust of America, Inc. for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

Baldwin Brothers Inc, which manages about $939.93 million and $618.19M US Long portfolio, upped its stake in Horace Mann Educatrs (NYSE:HMN) by 27,890 shares to 81,283 shares, valued at $3.48M in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (TIP) by 89,132 shares in the quarter, for a total of 146,417 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

Among 13 analysts covering Healthcare Trust of America (NYSE:HTA), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Healthcare Trust of America had 44 analyst reports since August 26, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $35.0 target in Monday, October 23 report. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, July 18 report. The rating was maintained by Jefferies with “Buy” on Friday, July 7. On Monday, October 2 the stock rating was maintained by BMO Capital Markets with “Buy”. The company was initiated on Friday, December 16 by Jefferies. The firm has “Hold” rating given on Wednesday, April 25 by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, August 26 by Stifel Nicolaus. The stock of Healthcare Trust of America, Inc. (NYSE:HTA) earned “Buy” rating by Stifel Nicolaus on Thursday, February 15. The stock of Healthcare Trust of America, Inc. (NYSE:HTA) has “Buy” rating given on Monday, March 21 by SunTrust. The firm earned “Buy” rating on Thursday, August 10 by Jefferies.

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

Bangor Savings Bank, which manages about $506.38 million US Long portfolio, decreased its stake in Ishares Core S&P 500 Etf (IVV) by 2,617 shares to 238,987 shares, valued at $63.42 million in 2018Q1, according to the filing. It also reduced its holding in Pure Storage Inc Cl A by 38,901 shares in the quarter, leaving it with 39,203 shares, and cut its stake in Vanguard Real Estate Etf (VNQ).

More notable recent General Electric Company (NYSE:GE) news were published by: Fool.com which released: “General Electric Company’s $500 Million Dollar Man” on July 16, 2018, also Fool.com with their article: “Why Shares of General Electric Fell 22% in the First Half of 2018” published on July 17, 2018, Fool.com published: “4 Things to Look for When General Electric Company Reports Earnings” on July 18, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “2 Crucial Questions For GE Investors” published on July 08, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: $25 Billion Debt Reduction Has Little Substance” with publication date: July 16, 2018.

Investors sentiment increased to 0.55 in Q1 2018. Its up 0.05, from 0.5 in 2017Q4. It increased, 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. Ashfield Cap Prtnrs Limited Liability Company stated it has 0.45% of its portfolio in General Electric Company (NYSE:GE). Wg Shaheen And Assoc Dba Whitney And owns 5,848 shares or 0.02% of their US portfolio. Cibc Asset Management holds 758,903 shares or 0.07% of its portfolio. 1.09M were accumulated by Park Oh. Mckinley Carter Wealth Ser has invested 0.04% in General Electric Company (NYSE:GE). 26,722 are owned by King Wealth. 28,094 are owned by Farr Miller & Washington Ltd Dc. Old Natl National Bank In invested in 215,576 shares or 0.15% of the stock. New York-based Neville Rodie & Shaw Incorporated has invested 0.43% in General Electric Company (NYSE:GE). Voloridge Inv Management Ltd has 3.38% invested in General Electric Company (NYSE:GE). Van Strum & Towne Inc holds 1.18% or 125,023 shares. Orrstown Svcs Incorporated holds 0.11% of its portfolio in General Electric Company (NYSE:GE) for 7,197 shares. Mount Vernon Assoc Md invested 1.62% in General Electric Company (NYSE:GE). Altfest L J And reported 0.21% in General Electric Company (NYSE:GE). Adage Cap Prtn Grp Limited Liability owns 17.52M shares.

General Electric Company (NYSE:GE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.