Home / Stocks / General Electric Co (GE) Holder Pekin Singer Strauss Asset Management Lowered Its Stake by $1.98 Million as Stock Rose; Continental Bldg Prods (CBPX) Valuation Declined While Clarivest Asset Management Lifted by $1.01 Million Its Holding

General Electric Co (GE) Holder Pekin Singer Strauss Asset Management Lowered Its Stake by $1.98 Million as Stock Rose; Continental Bldg Prods (CBPX) Valuation Declined While Clarivest Asset Management Lifted by $1.01 Million Its Holding

Clarivest Asset Management Llc increased its stake in Continental Bldg Prods Inc (CBPX) by 40.56% based on its latest 2018Q4 regulatory filing with the SEC. Clarivest Asset Management Llc bought 40,445 shares as the company’s stock declined 2.03% while stock markets rallied. The institutional investor held 140,169 shares of the capital goods company at the end of 2018Q4, valued at $3.57 million, up from 99,724 at the end of the previous reported quarter. Clarivest Asset Management Llc who had been investing in Continental Bldg Prods Inc for a number of months, seems to be bullish on the $900.88 million market cap company. It closed at $25.31 lastly. It is up 6.03% since March 17, 2018 and is uptrending. It has outperformed by 1.66% the SP500. Some Historical CBPX News: 03/05/2018 – CONTINENTAL BUILDING 1Q EBITDA $31.3M; 03/05/2018 – CONTINENTAL BUILDING 1Q EPS 36C, EST. 37C; 03/05/2018 – Continental Building: Outlook for Full Year 2018 Unchanged; 03/05/2018 – Continental Building 1Q EPS 36c; 01/05/2018 – Continental Building Closes Below 50-Day Average: Technicals; 23/04/2018 DJ Continental Building Products Inc, Inst Holders, 1Q 2018 (CBPX); 03/05/2018 – CONTINENTAL BUILDING PRODUCTS – OUTLOOK FOR FULL YEAR 2018 UNCHANGED

Pekin Singer Strauss Asset Management decreased its stake in General Electric Co (GE) by 84.58% based on its latest 2018Q4 regulatory filing with the SEC. Pekin Singer Strauss Asset Management sold 282,591 shares as the company’s stock rose 39.52% with the market. The institutional investor held 51,534 shares of the consumer electronics and appliances company at the end of 2018Q4, valued at $390,000, down from 334,125 at the end of the previous reported quarter. Pekin Singer Strauss Asset Management who had been investing in General Electric Co for a number of months, seems to be less bullish one the $86.70B market cap company. The stock decreased 3.30% or $0.34 during the last trading session, reaching $9.96. About 189.19M shares traded or 55.67% up from the average. General Electric Company (NYSE:GE) has declined 22.98% since March 17, 2018 and is downtrending. It has underperformed by 27.35% the SP500. Some Historical GE News: 20/04/2018 – No Bad News Counts as Good News at GE — Heard on the Street; 20/04/2018 – Is GE’s Bounceback for Real? — Barrons.com; 21/05/2018 – WABTEC: TOO EARLY TO SAY IF GE MINING BUSINESS TO BE DIVESTED; 02/04/2018 – GE to Sell Health IT Assets in $1 Billion Private-Equity Deal; 25/03/2018 – The Long Shadow of GE Capital Looms Over GE; 20/03/2018 – GE Transportation’s Modernization Program Hits New Milestones; 04/04/2018 – INDIA’S RAILWAY MINISTRY – LOCOMOTIVES TO BE MANUFACTURED AND SUPPLIED FROM FACTORY SET UP BY CO’S AT MADHEPURA AND MARHOWRA IN BIHAR OVER 11 YEARS; 16/05/2018 – GE’s Natural Gas Solutions on block via JPM, sources say [23:16 BST16 May 2018] [Proprietary] []; 20/03/2018 – Baker Hughes GE hunts for small oil, gas projects in Asia; 28/03/2018 – Investors Plot a GE Rescue, Starring Warren Buffett — Barrons.com

Clarivest Asset Management Llc, which manages about $3.41 billion and $4.64B US Long portfolio, decreased its stake in Enzo Biochem Inc (NYSE:ENZ) by 262,728 shares to 128,827 shares, valued at $358,000 in 2018Q4, according to the filing. It also reduced its holding in Bryn Mawr Bk Corp (NASDAQ:BMTC) by 10,575 shares in the quarter, leaving it with 5,238 shares, and cut its stake in Worldpay Inc.

Since November 16, 2018, it had 1 insider buy, and 0 sales for $43,920 activity.

More notable recent Continental Building Products, Inc. (NYSE:CBPX) news were published by: Seekingalpha.com which released: “Continental: Growing, But Risky – Seeking Alpha” on December 10, 2018, also Fool.com with their article: “Continental Building Products Inc (CBPX) Q4 2018 Earnings Conference Call Transcript – Motley Fool” published on February 22, 2019, Seekingalpha.com published: “Continental Building Products: Steady As She Goes – Seeking Alpha” on December 24, 2018. More interesting news about Continental Building Products, Inc. (NYSE:CBPX) were released by: Seekingalpha.com and their article: “Continental Building Products (CBPX) Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 02, 2018 as well as Businesswire.com‘s news article titled: “Continental Building Products Reports Third Quarter 2018 Results – Business Wire” with publication date: November 08, 2018.

Investors sentiment decreased to 1.04 in 2018 Q4. Its down 0.36, from 1.4 in 2018Q3. It fall, as 26 investors sold CBPX shares while 54 reduced holdings. 26 funds opened positions while 57 raised stakes. 34.84 million shares or 0.37% more from 34.71 million shares in 2018Q3 were reported. Canada Pension Plan Board holds 3,600 shares or 0% of its portfolio. Matarin Limited Liability Company owns 20,658 shares. California Employees Retirement owns 63,691 shares. Sei, a Pennsylvania-based fund reported 19,227 shares. Voya Invest Ltd Liability Com reported 0% in Continental Building Products, Inc. (NYSE:CBPX). Dupont Mngmt holds 13,394 shares. 65,015 are owned by Cornercap Inv Counsel Incorporated. Barclays Public Limited Com holds 0% or 4,830 shares. Brant Point Management Ltd Com invested in 51,334 shares or 0.19% of the stock. Huntington Financial Bank invested 0% of its portfolio in Continental Building Products, Inc. (NYSE:CBPX). Jpmorgan Chase Co holds 0% or 510,940 shares in its portfolio. Employees Retirement Systems Of Ohio accumulated 49,838 shares. First Trust Advsr LP reported 0.01% of its portfolio in Continental Building Products, Inc. (NYSE:CBPX). Calamos Advsr Limited Liability Co has invested 0% in Continental Building Products, Inc. (NYSE:CBPX). Alps Advisors reported 11,956 shares.

Investors sentiment decreased to 0.5 in Q4 2018. Its down 0.06, from 0.56 in 2018Q3. It is negative, as 148 investors sold GE shares while 738 reduced holdings. 143 funds opened positions while 301 raised stakes. 4.80 billion shares or 5.74% more from 4.54 billion shares in 2018Q3 were reported. Sva Plumb Wealth Management reported 14,244 shares. Parkwood Ltd Liability Company holds 1.29% or 743,990 shares. Bnp Paribas Asset Holdg Sa reported 0.05% of its portfolio in General Electric Company (NYSE:GE). Mirae Asset Glob Investments Co holds 0.06% or 870,022 shares in its portfolio. Deutsche State Bank Ag has invested 0.14% in General Electric Company (NYSE:GE). Wms Ltd Company holds 0.15% or 70,253 shares in its portfolio. Peddock Advsr Ltd Company holds 12,707 shares. Smith Salley And Assocs holds 0.02% or 16,792 shares in its portfolio. Argi Services Ltd Co holds 0.24% or 494,455 shares in its portfolio. Hightower Tru Svcs Lta holds 120,034 shares or 0.13% of its portfolio. Jacobs And Ca has 61,812 shares for 0.09% of their portfolio. Dimensional Fund Lp accumulated 28.71M shares or 0.1% of the stock. Parsons Mngmt Incorporated Ri holds 62,628 shares or 0.06% of its portfolio. Utd American Inc (D B A Uas Asset Management) owns 25,000 shares. Harris Assoc Lp accumulated 121.78M shares.

Since November 1, 2018, it had 3 insider buys, and 0 insider sales for $2.78 million activity. Another trade for 60,000 shares valued at $499,200 was made by DSOUZA FRANCISCO on Wednesday, November 14. CULP H LAWRENCE JR also bought $2.19M worth of General Electric Company (NYSE:GE) on Thursday, November 1.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: Is A Ratings Downgrade Pending? – Seeking Alpha” on February 15, 2019, also Seekingalpha.com with their article: “GE stock options ‘overly optimistic’ ahead of guidance event, J.P. Morgan says – Seeking Alpha” published on March 07, 2019, Fool.com published: “Stock Market News: Fitbit Fights Back; GE Keeps Falling – Motley Fool” on March 06, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “Wabtec moving up to SP 500 – Seeking Alpha” published on February 21, 2019 as well as Benzinga.com‘s news article titled: “Analysts Remain Skeptical Amid General Electric’s Aggressive Asset Sales (NYSE:GE) – Benzinga” with publication date: March 04, 2019.

Pekin Singer Strauss Asset Management, which manages about $1.07B and $544.25M US Long portfolio, upped its stake in Enterprise Prods Partners L (NYSE:EPD) by 41,699 shares to 43,699 shares, valued at $1.08 million in 2018Q4, according to the filing. It also increased its holding in Verizon Communications Inc (NYSE:VZ) by 187,396 shares in the quarter, for a total of 195,896 shares, and has risen its stake in China Mobile Limited (NYSE:CHL).