General Electric plans to slice quarterly dividend in half

General Electric plans to slice quarterly dividend in half

General Electric plans to slice quarterly dividend in half

Under the new plan, about half of senior execs' compensation will come from stock rewards, compared with only 20% now.

About 707,831 shares traded. The stock of General Electric Company (NYSE:GE) has "Sell" rating given on Friday, July 22 by Standpoint Research. It has underperformed by 4.60% the S&P500. (GE) stake by 7% reported in 2017Q2 SEC filing. Barber Financial Group Inc. boosted its position in General Electric by 3.1% during the 1st quarter. Alpha Cubed Investments Llc who had been investing in General Electric Co for a number of months, seems to be bullish on the $164.94 billion market cap company. The stock declined 3.61% or $0.74 reaching $19.75 on the news. Ebix Inc (NASDAQ:EBIX) has risen 21.95% since November 14, 2016 and is uptrending. It has outperformed by 93.91% the S&P500. Its up 0.10, from 1.28 in 2017Q1. It is negative, as 85 investors sold GE shares while 816 reduced holdings. 35 funds opened positions while 96 raised stakes. 163,338 are owned by Architects.

Analysts await Portland General Electric Company (NYSE:POR) to report earnings on February, 16. Coldstream Capital Management owns 128,699 shares for 0.45% of their portfolio. Lau Ltd Llc holds 1.42% or 65,629 shares. 82,255 are owned by Brick And Kyle Assocs. General Electric's dividend payout ratio (DPR) is now 120.00%. Neumann Capital Mgmt Ltd Liability owns 132,480 shares or 2.3% of their U.S. portfolio. The South Dakota-based South Dakota Inv Council has invested 0.51% in General Electric Company (NYSE:GE).

General Electric Co. has a 52-week low of $27.10 and a 52-week high of $33.00.

Other large investors also recently modified their holdings of the company.

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Several equities research analysts have commented on GE shares. General Electric Company had 74 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, October 24, the company rating was downgraded by Stifel Nicolaus. The firm has "Sell" rating by Deutsche Bank given on Monday, September 11. The rating was maintained by Barclays Capital on Monday, October 5 with "Overweight". Supplemental Annuity Collective Of Nj has 1.33% invested in General Electric Company (NYSE:GE). The stock has an average rating of "Hold" and an average target price of $25.55. As per Tuesday, July 21, the company rating was upgraded by TheStreet. The stock has "Buy" rating by Vetr on Wednesday, August 26.

Investors sentiment increased to 1.38 in 2017 Q2. Shelter Insur Retirement Plan reported 228,500 shares. Staley Cap Advisers accumulated 0.09% or 39,763 shares. California Pub Employees Retirement has invested 0.9% in General Electric Company (NYSE:GE). Bnp Paribas Arbitrage has invested 0% in Ebix Inc (NASDAQ:EBIX). 941,060 are held by Sei Investments. California-based California State Teachers Retirement System has invested 0% in Ebix Inc (NASDAQ:EBIX). Ruggie reported 96 shares. The data from the past twelve months tells a different story: insiders executed 13 buys and 30 sells, and ownership decreased by a net of 401497 shares. Cypress Capital Group, a Florida-based fund reported 167,010 shares. Adirondack & Mngmt Inc holds 0.16% or 279,300 shares. Sand Hill Glob Advsr Ltd Liability reported 182,904 shares. The shares were bought at an average price of $29.24 per share, with a total value of $1,462,000.00. Therefore 100% are positive.

GE executives have said that analysts have undervalued the company's digital business. Finally, Royal Bank Of Canada reiterated a "buy" rating and set a $31.00 price target on shares of General Electric in a research report on Friday, September 15th.

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