Union Bankshares Lowered Its General Electric Co (GE) Position; Alps Advisors Has Raised Its Mcewen Mining (MUX) Stake

McEwen Mining Inc. (NYSE:MUX) Logo

Alps Advisors Inc increased Mcewen Mining Inc (MUX) stake by 28.99% reported in 2017Q4 SEC filing. Alps Advisors Inc acquired 352,503 shares as Mcewen Mining Inc (MUX)’s stock declined 6.22%. The Alps Advisors Inc holds 1.57 million shares with $3.58M value, up from 1.22M last quarter. Mcewen Mining Inc now has $697.70 million valuation. The stock increased 0.98% or $0.02 during the last trading session, reaching $2.07. About 1.51M shares traded. McEwen Mining Inc. (NYSE:MUX) has declined 33.02% since April 14, 2017 and is downtrending. It has underperformed by 44.57% the S&P500.

Union Bankshares Corp decreased General Electric Co (GE) stake by 62.84% reported in 2017Q4 SEC filing. Union Bankshares Corp sold 102,245 shares as General Electric Co (GE)’s stock declined 23.20%. The Union Bankshares Corp holds 60,461 shares with $1.06 million value, down from 162,706 last quarter. General Electric Co now has $117.27 billion valuation. The stock increased 2.47% or $0.32 during the last trading session, reaching $13.51. About 68.98 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 14, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Among 2 analysts covering McEwen Mining (NYSE:MUX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. McEwen Mining has $500 highest and $3.25 lowest target. $4.13’s average target is 99.52% above currents $2.07 stock price. McEwen Mining had 10 analyst reports since July 18, 2017 according to SRatingsIntel. As per Friday, November 3, the company rating was maintained by H.C. Wainwright. H.C. Wainwright maintained McEwen Mining Inc. (NYSE:MUX) on Tuesday, July 18 with “Buy” rating. The stock of McEwen Mining Inc. (NYSE:MUX) earned “Buy” rating by H.C. Wainwright on Thursday, August 3. On Wednesday, October 11 the stock rating was maintained by H.C. Wainwright with “Buy”. The firm has “Buy” rating by H.C. Wainwright given on Thursday, November 9. On Friday, August 11 the stock rating was maintained by H.C. Wainwright with “Buy”. On Tuesday, January 16 the stock rating was maintained by H.C. Wainwright with “Buy”. The firm earned “Buy” rating on Thursday, October 19 by H.C. Wainwright. The firm has “Buy” rating by Roth Capital given on Tuesday, January 16.

Alps Advisors Inc decreased Netapp Inc (NASDAQ:NTAP) stake by 9,642 shares to 17,200 valued at $952,000 in 2017Q4. It also reduced Gold Fields Ltd (NYSE:GFI) stake by 214,103 shares and now owns 807,453 shares. Johnson & Johnson (NYSE:JNJ) was reduced too.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company has $67 highest and $1100 lowest target. $25.35’s average target is 87.64% above currents $13.51 stock price. General Electric Company had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Sell” rating by Deutsche Bank on Friday, May 12. J.P. Morgan maintained General Electric Company (NYSE:GE) rating on Monday, October 9. J.P. Morgan has “Sell” rating and $20.0 target. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Stifel Nicolaus on Tuesday, October 24. On Tuesday, November 21 the stock rating was maintained by Deutsche Bank with “Sell”. The rating was maintained by Morgan Stanley on Monday, July 17 with “Equal-Weight”. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Monday, November 23 by Credit Suisse. The firm earned “Buy” rating on Monday, October 10 by . As per Monday, October 30, the company rating was maintained by Deutsche Bank. Vetr downgraded the shares of GE in report on Tuesday, September 22 to “Hold” rating. The company was maintained on Tuesday, March 13 by JP Morgan.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dived, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Wells Fargo Mn, a California-based fund reported 43.17 million shares. Cap One Natl Association has 132,589 shares for 0.16% of their portfolio. Blair William Comm Il invested 0.21% in General Electric Company (NYSE:GE). Northern Trust Corporation has 0.48% invested in General Electric Company (NYSE:GE). Centurylink Com owns 173,149 shares. Carnegie Asset Mgmt Limited Liability Com holds 0.17% or 127,228 shares in its portfolio. Ifc Holding Fl reported 0.14% in General Electric Company (NYSE:GE). Cornerstone Management Holding Ltd Liability Corp has 0.25% invested in General Electric Company (NYSE:GE) for 2.06M shares. Financial Engines Advsr Lc accumulated 771 shares. Robeco Institutional Asset Mgmt Bv holds 0.05% in General Electric Company (NYSE:GE) or 519,097 shares. Lazard Asset Mngmt Ltd Liability Com owns 5.36 million shares for 0.18% of their portfolio. Westpac Bk Corp has 0.41% invested in General Electric Company (NYSE:GE) for 1.03M shares. Private Advisor Gp Inc Limited Liability stated it has 0.32% of its portfolio in General Electric Company (NYSE:GE). The Tennessee-based State Of Tennessee Treasury Department has invested 0.33% in General Electric Company (NYSE:GE). Geller Family Office Ser Ltd Liability Com invested in 0.11% or 12,185 shares.

Since January 26, 2018, it had 1 buying transaction, and 0 sales for $43,446 activity. Another trade for 2,689 shares valued at $43,446 was bought by DIMITRIEF ALEXANDER.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. They expect $0.12 earnings per share, down 42.86% or $0.09 from last year’s $0.21 per share. GE’s profit will be $1.04B for 28.15 P/E if the $0.12 EPS becomes a reality. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.

General Electric Company (NYSE:GE) Institutional Positions Chart