Beacon Financial Group Trimmed General Electric Co (GE) Position; Rowan Companies Plc Class A Ordinary Shares (RDC) Sellers Decreased By 8.83% Their Shorts

Beacon Financial Group decreased General Electric Co (GE) stake by 79.95% reported in 2017Q3 SEC filing. Beacon Financial Group sold 322,053 shares as General Electric Co (GE)’s stock declined 7.64%. The Beacon Financial Group holds 80,743 shares with $1.95M value, down from 402,796 last quarter. General Electric Co now has $124.26B valuation. The stock decreased 0.35% or $0.05 during the last trading session, reaching $14.31. About 114.49M shares traded or 25.50% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since March 19, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Rowan Companies Plc Class A Ordinary Shares (NYSE:RDC) had a decrease of 8.83% in short interest. RDC’s SI was 16.81M shares in March as released by FINRA. Its down 8.83% from 18.44M shares previously. With 2.59M avg volume, 7 days are for Rowan Companies Plc Class A Ordinary Shares (NYSE:RDC)’s short sellers to cover RDC’s short positions. The SI to Rowan Companies Plc Class A Ordinary Shares’s float is 13.45%. The stock increased 4.74% or $0.56 during the last trading session, reaching $12.38. About 3.48M shares traded or 20.11% up from the average. Rowan Companies plc (NYSE:RDC) has declined 16.50% since March 19, 2017 and is downtrending. It has underperformed by 33.20% the S&P500.

Rowan Companies plc provides offshore gas and oil contract drilling services. The company has market cap of $1.56 billion. As of February 24, 2017, it operated a fleet of 29 mobile offshore drilling units, including 25 jack-up rigs and 4 ultra-deepwater drillships. It has a 21.72 P/E ratio. The firm operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, and Trinidad.

Investors sentiment increased to 0.95 in 2017 Q3. Its up 0.25, from 0.7 in 2017Q2. It improved, as 29 investors sold Rowan Companies plc shares while 87 reduced holdings. 29 funds opened positions while 52 raised stakes. 129.33 million shares or 3.45% less from 133.95 million shares in 2017Q2 were reported. Vident Invest Advisory invested in 0.09% or 123,549 shares. Us Retail Bank De invested in 1,072 shares or 0% of the stock. Credit Agricole S A has 0% invested in Rowan Companies plc (NYSE:RDC). 95,336 were accumulated by Comerica Bankshares. Pinnacle Associate Limited has invested 0.01% in Rowan Companies plc (NYSE:RDC). Oregon Employees Retirement Fund owns 0.01% invested in Rowan Companies plc (NYSE:RDC) for 42,287 shares. Jpmorgan Chase Co accumulated 2.57 million shares or 0.01% of the stock. Vertex One Asset Management Incorporated reported 266,000 shares. Oceanic Invest Mgmt Limited owns 714,750 shares or 6.69% of their US portfolio. Robeco Institutional Asset Management Bv reported 1.40 million shares stake. Moreover, Deutsche National Bank & Trust Ag has 0.01% invested in Rowan Companies plc (NYSE:RDC) for 619,366 shares. Jane Street Gru Limited Com stated it has 72,829 shares or 0% of all its holdings. 30,484 were reported by Gsa Prns Ltd Liability Partnership. Lsv Asset Mngmt has 0.05% invested in Rowan Companies plc (NYSE:RDC). Commonwealth Of Pennsylvania Public School Empls Retrmt, Pennsylvania-based fund reported 16,574 shares.

Among 33 analysts covering Rowan Companies Inc. (NYSE:RDC), 7 have Buy rating, 4 Sell and 22 Hold. Therefore 21% are positive. Rowan Companies Inc. has $26 highest and $10.0 lowest target. $16.24’s average target is 31.18% above currents $12.38 stock price. Rowan Companies Inc. had 102 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Credit Agricole given on Tuesday, December 22. The company was initiated on Thursday, October 19 by HSBC. The stock of Rowan Companies plc (NYSE:RDC) earned “Hold” rating by Tudor Pickering on Friday, March 24. The firm has “Buy” rating by Seaport Global given on Monday, March 14. The rating was downgraded by Fearnley on Wednesday, March 9 to “Reduce”. The firm has “Hold” rating by Jefferies given on Friday, July 7. UBS maintained Rowan Companies plc (NYSE:RDC) on Tuesday, August 11 with “Neutral” rating. The rating was downgraded by Seaport Global Securities to “Neutral” on Friday, October 7. The firm has “Sector Weight” rating given on Friday, October 9 by KeyBanc Capital Markets. UBS upgraded the shares of RDC in report on Monday, September 25 to “Buy” rating.

Since February 22, 2018, it had 0 insider buys, and 1 sale for $47,686 activity. Butz Stephen M also sold $47,686 worth of Rowan Companies plc (NYSE:RDC) shares.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, January 26 by DZ Bank. BMO Capital Markets maintained it with “Hold” rating and $67 target in Thursday, March 23 report. The company was maintained on Tuesday, November 21 by Deutsche Bank. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, January 22 by Bank of America. The firm has “Buy” rating given on Monday, October 19 by Stifel Nicolaus. TheStreet downgraded the shares of GE in report on Wednesday, August 26 to “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Monday, October 23 report. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, August 7 by Cowen & Co. The stock has “Positive” rating by RBC Capital Markets on Thursday, March 23. Langenberg upgraded the shares of GE in report on Monday, November 13 to “Buy” rating.

Beacon Financial Group increased Enbridge Inc (NYSE:ENB) stake by 7,329 shares to 251,118 valued at $10.51 million in 2017Q3. It also upped Ishares (CSJ) stake by 5,049 shares and now owns 102,013 shares. Intel Corp (NASDAQ:INTC) was raised too.

Since January 26, 2018, it had 1 insider buy, and 0 insider sales for $43,446 activity. Shares for $43,446 were bought by DIMITRIEF ALEXANDER.

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