Cubic Asset Management Cut Position in General Electric Company (GE) as Share Price Declined; Autus

General Electric Company (NYSE:GE) Institutional Positions Chart

Cubic Asset Management Llc decreased its stake in General Electric Company (GE) by 93.33% based on its latest 2018Q3 regulatory filing with the SEC. Cubic Asset Management Llc sold 202,456 shares as the company’s stock declined 44.60% with the market. The institutional investor held 14,460 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $163,000, down from 216,916 at the end of the previous reported quarter. Cubic Asset Management Llc who had been investing in General Electric Company for a number of months, seems to be less bullish one the $75.72B market cap company. The stock decreased 2.52% or $0.23 during the last trading session, reaching $8.7. About 79.79 million shares traded. General Electric Company (NYSE:GE) has declined 60.87% since January 29, 2018 and is downtrending. It has underperformed by 60.87% the S&P500. Some Historical GE News: 17/04/2018 – INITIAL BIDS FOR GE’S JENBACHER UNIT SAID LIKELY THIS WEEK; 21/03/2018 – GE asks for final healthcare IT bids; 26/03/2018 – GE POWER – CO & FIELDCORE SUCCESSFULLY RESTARTED METAHARA SUGAR FACTORY IN ETHIOPIA, 7 MONTHS AFTER SEVERE DAMAGE TO PLANT BY A THUNDERSTORM; 20/04/2018 – GENERAL ELECTRIC – EXPECTS PROCEEDS OF $5 BLN – $10 BLN DURING 2018 FROM INDUSTRIAL DISPOSITIONS; 04/04/2018 – INDIA’S RAILWAY MINISTRY- MINISTRY OF RAILWAYS IS A 26 PCT STAKEHOLDER IN THE TWO JV COMPANIES; 19/04/2018 – Indy Biz Journal: Cummins considering $3B deal for GE engine business; 07/03/....

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