Baker Hughes A GE Co (BHI) Shares Sold by Estabrook Capital Management

Estabrook Capital Management reduced its holdings in shares of Baker Hughes A GE Co (NYSE:BHI) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,265 shares of the oilfield services provider’s stock after selling 1,414 shares during the period. Estabrook Capital Management’s holdings in Baker Hughes A GE were worth $2,685,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BHI. Partners Capital Investment Group Holdings LLC raised its holdings in shares of Baker Hughes A GE by 0.3% during the first quarter. Partners Capital Investment Group Holdings LLC now owns 1,944 shares of the oilfield services provider’s stock valued at $116,000 after purchasing an additional 5 shares during the last quarter. Moody Lynn & Lieberson LLC grew its position in Baker Hughes A GE by 1.0% during the first quarter. Moody Lynn & Lieberson LLC now owns 7,728 shares of the oilfield services provider’s stock valued at $462,000 after buying an additional 75 shares during the period. Cadence Capital Management LLC grew its position in Baker Hughes A GE by 0.6% during the second quarter. Cadence Capital Management LLC now owns 16,624 shares of the oilfield services provider’s stock valued at $906,000 after buying an additional 94 shares during the period. Wetherby Asset Management Inc. grew its position in Baker Hughes A GE by 1.3% during the second quarter. Wetherby Asset Management Inc. now owns 8,088 shares of the oilfield services provider’s stock valued at $441,000 after buying an additional 100 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Baker Hughes A GE by 1.6% in the second quarter. Oppenheimer & Co. Inc. now owns 6,364 shares of the oilfield services provider’s stock worth $347,000 after purchasing an additional 100 shares during the period. 91.32% of the stock is owned by institutional investors.

Several equities analysts have recently commented on BHI shares. BidaskClub downgraded shares of Baker Hughes A GE from a “sell” rating to a “strong sell” rating in a report on Wednesday, June 28th. BMO Capital Markets reaffirmed a “hold” rating and set a $65.00 price target on shares of Baker Hughes A GE in a research note on Thursday, June 22nd. ValuEngine raised shares of Baker Hughes A GE from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Baker Hughes A GE in a research note on Tuesday, July 18th. Finally, Morgan Stanley initiated coverage on shares of Baker Hughes A GE in a report on Monday, July 17th. They issued an “overweight” rating and a $60.00 price target on the stock. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $62.27.

ILLEGAL ACTIVITY WARNING: “Baker Hughes A GE Co (BHI) Shares Sold by Estabrook Capital Management” was first reported by BBNS and is owned by of BBNS. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The legal version of this report can be viewed at https://baseballnewssource.com/markets/baker-hughes-a-ge-co-bhi-shares-sold-by-estabrook-capital-management/1603256.html.

Shares of Baker Hughes A GE Co (NYSE:BHI) traded up 5.82% during midday trading on Friday, hitting $57.68. The company had a trading volume of 4,124,512 shares. The company’s 50 day moving average is $55.90 and its 200 day moving average is $59.83. Baker Hughes A GE Co has a one year low of $43.09 and a one year high of $68.59.

Baker Hughes A GE Company Profile

Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.

Institutional Ownership by Quarter for Baker Hughes A GE (NYSE:BHI)

Receive News & Ratings for Baker Hughes A GE Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes A GE Co and related companies with our FREE daily email newsletter.

 


Latest News

New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw


Leave a Reply

 
© 2006-2017 BBNS.