Bellecapital International boosted its stake in shares of General Electric Company (NYSE:GE) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,832 shares of the company’s stock after buying an additional 6,751 shares during the period. General Electric Company makes up 2.6% of Bellecapital International’s portfolio, making the stock its 12th largest position. Bellecapital International’s holdings in General Electric Company were worth $2,051,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in GE. Leith Wheeler Investment Counsel bought a new stake in shares of General Electric Company during the fourth quarter valued at approximately $201,000. Carroll Financial Associates increased its stake in shares of General Electric Company by 3.3% in the fourth quarter. Carroll Financial Associates now owns 354,405 shares of the company’s stock valued at $11,039,000 after buying an additional 11,335 shares in the last quarter. First Premier Bank bought a new stake in shares of General Electric Company during the fourth quarter valued at approximately $2,267,000. Iowa State Bank increased its stake in shares of General Electric Company by 5.5% in the fourth quarter. Iowa State Bank now owns 172,030 shares of the company’s stock valued at $5,359,000 after buying an additional 8,988 shares in the last quarter. Finally, Lowe FS increased its stake in shares of General Electric Company by 155.3% in the third quarter. Lowe FS now owns 1,297 shares of the company’s stock valued at $33,000 after buying an additional 789 shares in the last quarter.

Shares of General Electric Company (NYSE:GE) opened at 28.31 on Wednesday. The company’s market cap is $275.88 billion. The company’s 50-day moving average price is $29.78 and its 200 day moving average price is $27.82. General Electric Company has a 52 week low of $19.37 and a 52 week high of $31.49.

General Electric Company (NYSE:GE) last issued its quarterly earnings results on Friday, January 22nd. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. The firm earned $33.80 billion during the quarter. General Electric Company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. On average, equities analysts forecast that General Electric Company will post $1.50 EPS for the current fiscal year.

Several brokerages have recently commented on GE. Societe Generale set a $30.00 target price on General Electric Company and gave the company a “neutral” rating in a report on Monday. Independent Research GmbH set a $35.00 price objective on General Electric Company and gave the stock a “buy” rating in a research note on Monday. RBC Capital reduced their price objective on General Electric Company from $34.00 to $33.00 and set an “outperform” rating for the company in a research note on Monday. Deutsche Bank reissued a “hold” rating and issued a $28.00 price objective on shares of General Electric Company in a research note on Monday. Finally, Oppenheimer reissued a “market perform” rating on shares of General Electric Company in a research note on Sunday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $32.05.

In other news, SVP Alexander Dimitrief purchased 65,272 shares of the business’s stock in a transaction dated Monday, January 25th. The shares were bought at an average cost of $28.04 per share, for a total transaction of $1,830,226.88. Following the completion of the acquisition, the senior vice president now directly owns 17,896 shares in the company, valued at approximately $501,803.84. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

General Electric Company (NYSE:GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

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