Home / Stocks / As General Electric (GE) Stock Price Declined, Grassi Investment Management Upped Its Position by $1.39 Million; Thermo Fisher Scientific (TMO) Stock Declined While Compass Capital Management Has Decreased Its Position by $468,480

As General Electric (GE) Stock Price Declined, Grassi Investment Management Upped Its Position by $1.39 Million; Thermo Fisher Scientific (TMO) Stock Declined While Compass Capital Management Has Decreased Its Position by $468,480

Grassi Investment Management increased its stake in General Electric (GE) by 208.21% based on its latest 2018Q3 regulatory filing with the SEC. Grassi Investment Management bought 126,800 shares as the company’s stock declined 44.60% with the market. The institutional investor held 187,700 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $2.12M, up from 60,900 at the end of the previous reported quarter. Grassi Investment Management who had been investing in General Electric for a number of months, seems to be bullish on the $88.42 billion market cap company. The stock increased 0.64% or $0.06 during the last trading session, reaching $10.16. About 7.25M shares traded. General Electric Company (NYSE:GE) has declined 60.87% since February 21, 2018 and is downtrending. It has underperformed by 60.87% the SP500. Some Historical GE News: 24/05/2018 – Gloom for GE investors as hopes of quick fix fade; 24/05/2018 – GE doesn’t plan to cut dividend again; 23/05/2018 – General Electric Won’t Make Any Promises About It’s Dividend — Barron’s Blog; 17/04/2018 – GE’S JENBACHER UNIT SAID TO ALSO ATTRACT EQT AND KKR; 02/04/2018 – GE Pushes Ahead on Revamp With $1.05 Billion Sale of Health IT; 14/03/2018 – Nardelli: Would do anything to help GE; 21/05/2018 – WABTEC – GE WILL BE PAID A $2.9 BILLION UP-FRONT CASH PAYMENT; 04/04/2018 – GE’s Advanced Gas Path Upgrades Generate $775 Million in Total Customer Value Annually; 20/04/2018 – Baker Hughes GE 1Q Backlog $22.2B; 20/03/2018 – GE Transportation’s Modernization Program Hits New Milestones

Compass Capital Management Inc decreased its stake in Thermo Fisher Scientific Inc (TMO) by 1.42% based on its latest 2018Q3 regulatory filing with the SEC. Compass Capital Management Inc sold 1,920 shares as the company’s stock declined 0.05% with the market. The institutional investor held 132,881 shares of the industrial machinery and components company at the end of 2018Q3, valued at $32.43 million, down from 134,801 at the end of the previous reported quarter. Compass Capital Management Inc who had been investing in Thermo Fisher Scientific Inc for a number of months, seems to be less bullish one the $100.87 billion market cap company. The stock decreased 0.65% or $1.65 during the last trading session, reaching $250.57. About 95,035 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 27.72% since February 21, 2018 and is uptrending. It has outperformed by 27.72% the SP500. Some Historical TMO News: 25/04/2018 – Thermo Investments Will Hold 15.5M Shrs in CenturyLink With a Current Value of $275 M; 15/05/2018 – Thermo Fisher Presenting at Bank of America Conference Tomorrow; 10/04/2018 – Thermo Fisher Scientific Announces Its First Cloud-Enabled Biological Safety Cabinet; 25/04/2018 – Parent Co Will Be Renamed Thermo Companies, Inc., and Its Stk Will Continue to Trade Publicly; 27/04/2018 – THERMO FISHER LEICA COLLABORATE TO DEVELOP INTEGRATED; 16/03/2018 – Thermo Fisher Scientific Acquires IntegenX, Provider of Leading Rapid DNA Technology for Human Identification; 13/03/2018 – Thermo Fisher Scientific Showcases New Solutions for Accelerating, Innovating and Enhancing Productivity in the Fab and Lab at; 05/04/2018 – ORTHO CLINICAL DIAGNOSTICS,TMO IN PACT FOR 14 ASSAYS FOR VITROS; 25/04/2018 – Thermo Fisher: Currency Translation Increased 1Q Revenue by 4%; 09/03/2018 – Skyland Analytics Appoints James C. Mullen, Former Biogen and Patheon CEO, to Advisory Board

Since November 1, 2018, it had 3 insider purchases, and 0 selling transactions for $2.78 million activity. Shares for $2.19 million were bought by CULP H LAWRENCE JR. DIMITRIEF ALEXANDER also bought $94,800 worth of General Electric Company (NYSE:GE) shares.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: Change Is (Finally) In The Air – Seeking Alpha” on February 04, 2019, also Seekingalpha.com with their article: “GE +7.4% after sales beat, DOJ settlement – Seeking Alpha” published on January 31, 2019, Fool.com published: “Why Investors Should Focus on the Long-Term With General Electric – Motley Fool” on January 28, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Globenewswire.com and their article: “CLASS ACTION UPDATE for DNKEY, YOGA, VALE and GE: Levi Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” published on February 21, 2019 as well as Seekingalpha.com‘s news article titled: “Rethinking General Electric – Seeking Alpha” with publication date: January 28, 2019.

Investors sentiment decreased to 0.56 in 2018 Q3. Its down 0.03, from 0.59 in 2018Q2. It worsened, as 83 investors sold GE shares while 743 reduced holdings. 114 funds opened positions while 346 raised stakes. 4.54 billion shares or 0.56% more from 4.51 billion shares in 2018Q2 were reported. New York-based Norman Fields Gottscho Capital Mgmt Ltd Llc has invested 0.13% in General Electric Company (NYSE:GE). Fjarde Ap, a Alabama-based fund reported 2.32M shares. Amalgamated Bancorporation reported 1.09 million shares stake. Invsts reported 0.09% in General Electric Company (NYSE:GE). Dumont Blake Inv Advsr Lc, a New Jersey-based fund reported 40,800 shares. Investors Asset Mngmt Of Georgia Inc Ga Adv has 76,967 shares for 0.61% of their portfolio. New York-based Eos Mngmt Lp has invested 0.83% in General Electric Company (NYSE:GE). Strategic Inc holds 0.12% of its portfolio in General Electric Company (NYSE:GE) for 70,737 shares. 4,878 are owned by Intl Inc Ca. Westwood Gp reported 11,650 shares or 0% of all its holdings. 11,471 were accumulated by Security Comml Bank Of So Dak. Livforsakringsbolaget Skandia Omsesidigt invested in 0.27% or 200,641 shares. State Of Wisconsin Investment Board reported 9.76 million shares. Paw Capital stated it has 0.48% of its portfolio in General Electric Company (NYSE:GE). 212,733 are held by Washington Trust Co.

Since October 1, 2018, it had 0 insider buys, and 5 selling transactions for $39.04 million activity. $31.07M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) was sold by CASPER MARC N on Monday, October 1. Another trade for 1,100 shares valued at $277,176 was made by Jacks Tyler on Tuesday, December 4. Another trade for 9,500 shares valued at $2.29 million was made by Williamson Stephen on Friday, December 7.

More notable recent Thermo Fisher Scientific Inc. (NYSE:TMO) news were published by: Seekingalpha.com which released: “Thermo Fisher to acquire advanced bioprocessing business from BD – Seeking Alpha” on September 07, 2018, also Seekingalpha.com with their article: “Thermo Fisher Scientific Q4 2018 Earnings Preview – Seeking Alpha” published on January 29, 2019, Benzinga.com published: “Thermo Fisher Scientific Inc (NYSE:TMO) – Thermo Fisher Scientific Q4 Earnings Preview – Benzinga” on January 29, 2019. More interesting news about Thermo Fisher Scientific Inc. (NYSE:TMO) were released by: Seekingalpha.com and their article: “Thermo Fisher Scientific beats by $0.07, beats on revenue – Seeking Alpha” published on January 30, 2019 as well as Benzinga.com‘s news article titled: “Thermo Fisher Scientific Inc (NYSE:TMO) – Q3 Earnings Preview: Thermo Fisher Scientific – Benzinga” with publication date: October 23, 2018.

Compass Capital Management Inc, which manages about $763.29 million US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 4,066 shares to 118,717 shares, valued at $28.59M in 2018Q3, according to the filing. It also increased its holding in Illinois Tool Wks Inc (NYSE:ITW) by 16,105 shares in the quarter, for a total of 200,405 shares, and has risen its stake in Stryker Corp (NYSE:SYK).

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