Wellcome Trust maintained its position in General Electric Company (NYSE:GE) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,200,000 shares of the company’s stock at the end of the fourth quarter. General Electric Company accounts for approximately 5.7% of Wellcome Trust’s holdings, making the stock its 6th largest position. Wellcome Trust owned approximately 0.09% of General Electric Company worth $286,580,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of GE. Beacon Capital Management increased its stake in General Electric Company by 50.2% in the fourth quarter. Beacon Capital Management now owns 449 shares of the company’s stock worth $14,000 after buying an additional 150 shares during the period. Telemus Capital increased its stake in General Electric Company by 1.4% in the fourth quarter. Telemus Capital now owns 18,806 shares of the company’s stock worth $586,000 after buying an additional 253 shares during the period. Legacy Private Trust Company increased its stake in General Electric Company by 0.3% in the fourth quarter. Legacy Private Trust Company now owns 107,984 shares of the company’s stock worth $3,363,000 after buying an additional 360 shares during the period. Blue Fin Capital increased its stake in General Electric Company by 0.7% in the fourth quarter. Blue Fin Capital now owns 54,950 shares of the company’s stock worth $1,712,000 after buying an additional 370 shares during the period. Finally, Lincoln Capital increased its stake in General Electric Company by 2.6% in the fourth quarter. Lincoln Capital now owns 15,013 shares of the company’s stock worth $468,000 after buying an additional 375 shares during the period.

Shares of General Electric Company (NYSE:GE) opened at 28.24 on Monday. General Electric Company has a 12 month low of $19.37 and a 12 month high of $31.49. The firm has a 50-day moving average price of $29.92 and a 200 day moving average price of $27.76. The firm’s market capitalization is $275.20 billion.

General Electric Company (NYSE:GE) last issued its quarterly earnings data on Friday, January 22nd. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.03. The company earned $33.80 billion during the quarter, compared to the consensus estimate of $36.02 billion. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.56 earnings per share. On average, analysts anticipate that General Electric Company will post $1.51 EPS for the current fiscal year.

GE has been the subject of a number of research analyst reports. Vetr raised shares of General Electric Company from a “hold” rating to a “buy” rating and set a $25.93 target price for the company in a research report on Monday, September 28th. Zacks Investment Research downgraded shares of General Electric Company from a “hold” rating to a “sell” rating in a research report on Monday, September 28th. Barclays reissued a “buy” rating and set a $30.00 target price on shares of General Electric Company in a research report on Monday, October 5th. Deutsche Bank reissued a “hold” rating and set a $28.00 target price on shares of General Electric Company in a research report on Monday, October 5th. Finally, TheStreet raised shares of General Electric Company from a “hold” rating to a “buy” rating in a research report on Tuesday, October 6th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $31.88.

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.

12 Month Chart for NYSE:GE

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