As General Electric Company (GE) Market Value Declined, Sol Capital Management Co Increased by $714,637 Its Stake; As Renaissancere Holdings LTD (RNR) Shares Rose, Brandywine Global Investment Management Has Upped Stake

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Sol Capital Management Co increased its stake in General Electric Company (GE) by 29.76% based on its latest 2018Q3 regulatory filing with the SEC. Sol Capital Management Co bought 64,967 shares as the company’s stock declined 44.60% with the market. The hedge fund held 283,306 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $3.20 million, up from 218,339 at the end of the previous reported quarter. Sol Capital Management Co who had been investing in General Electric Company for a number of months, seems to be bullish on the $90.20B market cap company. The stock increased 3.91% or $0.39 during the last trading session, reaching $10.37. About 98.94M shares traded. General Electric Company (NYSE:GE) has declined 60.87% since February 14, 2018 and is downtrending. It has underperformed by 60.87% the S&P500. Some Historical GE News: 22/05/2018 – GE POWER INDIA LTD GEPO.NS – RECOMMENDED DIVIDEND OF 3 RUPEES PER SHARE; 06/03/2018 – Spectrum Chemical Mfg. Corporation Receives GE Healthcare Life Sciences 2017 Distinguished Partner Award for Exceptional Applied Markets; 18/04/2018 – French investigators to assist probe into Southwest Airlines engine explosion; 23/05/2018 – Boston Business Journal: BREAKING: $GE loses $9B in value as CEO talks energy struggles, dividend; 20/04/2018 – GE GE.N IN TALKS WITH POTENTIAL BUYERS OF DISTRIBUTED POWER BUSINESS, INCLUDES JENBACHER AND WAUKESHA RECIPROCATING GAS ENGINES; 17/04/2018 – Zinc and GE Digital Announce Integrated Solution for Contextual, Real-Time Communication in the Field; 21/05/2018 – WABTEC – DEAL WITH GE IS EXPECTED TO GENERATE ABOUT $150M OF ANNUAL CASH TAX SAVINGS FOR NEXT 15 YEARS; 13/04/2018 – General Electric restates 2016 and 2017 earnings; 20/03/2018 – GE POWER INDIA LTD GEPO.NS – CONTRACT TO INSTALL FLUE GAS DESULPHURIZATION (FGD) SYSTEM AT SUPER THERMAL POWER PROJECT (STPP) IN TELANGANA; 16/05/2018 – General Electric: $52M Agreement With Dubai Electricity and Water for Advanced Gas Path Technology

Brandywine Global Investment Management Llc increased its stake in Renaissancere Holdings Ltd (RNR) by 381.3% based on its latest 2018Q3 regulatory filing with the SEC. Brandywine Global Investment Management Llc bought 109,754 shares as the company’s stock rose 11.77% while stock markets declined. The institutional investor held 138,538 shares of the property-casualty insurers company at the end of 2018Q3, valued at $18.51M, up from 28,784 at the end of the previous reported quarter. Brandywine Global Investment Management Llc who had been investing in Renaissancere Holdings Ltd for a number of months, seems to be bullish on the $6.07B market cap company. The stock increased 0.31% or $0.44 during the last trading session, reaching $143.79. About 301,036 shares traded or 2.96% up from the average. RenaissanceRe Holdings Ltd. (NYSE:RNR) has risen 11.92% since February 14, 2018 and is uptrending. It has outperformed by 11.92% the S&P500. Some Historical RNR News: 01/05/2018 – RENAISSANCERE 1Q NET PREMIUMS EARNED $440.3M; 01/05/2018 – RENAISSANCERE 1Q OPER EPS $3.40, EST. $2.65; 05/03/2018 RenaissanceRe Closes Above 50-Day Moving Average: Technicals; 27/03/2018 – RENAISSANCERE SAYS HAS SUFFICIENT CAPACITY TO MEET FUTURE NEEDS; 27/03/2018 – RENAISSANCERE TERMINATED LETTER OF CREDIT AGREEMENT; 10/04/2018 – RENAISSANCERE HOLDINGS LTD RNR.N : CITIGROUP RAISES TARGET PRICE TO $161 FROM $152; 01/05/2018 – RenaissanceRe: Book Value $100.29/Share at 1Q End; 01/05/2018 – RenaissanceRe 1Q Net $62.3M; 10/05/2018 – Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power lnsurtech Startups; 01/05/2018 – RenaissanceRe 1Q Gross Premiums Written $1.2 Billion

Investors sentiment decreased to 1.01 in Q3 2018. Its down 0.17, from 1.18 in 2018Q2. It fall, as 19 investors sold RNR shares while 93 reduced holdings. 38 funds opened positions while 75 raised stakes. 37.37 million shares or 0.93% more from 37.03 million shares in 2018Q2 were reported. Moreover, Ubs Asset Management Americas Incorporated has 0% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 179,701 shares. New York State Common Retirement Fund has 0.02% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR). South Dakota Council has 23,600 shares for 0.07% of their portfolio. Virginia Retirement Et Al accumulated 129,100 shares. Oakbrook Investments Lc accumulated 5,100 shares. Moon Ltd Liability Corporation has 17,837 shares. Schwab Charles Invest invested in 182,704 shares or 0.02% of the stock. 14,900 were accumulated by State Treasurer State Of Michigan. Guyasuta Investment Advisors stated it has 0.02% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Tiaa Cref Inv Management Llc has 62,109 shares. Ny State Teachers Retirement has invested 0.01% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Wells Fargo & Mn reported 192,848 shares. Wellington Mgmt Grp Ltd Liability Partnership invested 0.02% of its portfolio in RenaissanceRe Holdings Ltd. (NYSE:RNR). Fmr Limited Liability Company holds 2.06 million shares or 0.03% of its portfolio. First Wilshire Securities Mngmt stated it has 23,141 shares.

Since November 7, 2018, it had 0 buys, and 2 insider sales for $2.76 million activity. $103,680 worth of RenaissanceRe Holdings Ltd. (NYSE:RNR) was sold by Klehm Henry III.

Among 16 analysts covering RenaissanceRe (NYSE:RNR), 3 have Buy rating, 2 Sell and 11 Hold. Therefore 19% are positive. RenaissanceRe had 46 analyst reports since October 14, 2015 according to SRatingsIntel. As per Friday, April 8, the company rating was maintained by Citigroup. The rating was upgraded by Deutsche Bank to “Buy” on Wednesday, November 7. J.P. Morgan downgraded the stock to “Hold” rating in Friday, July 28 report. As per Thursday, November 2, the company rating was maintained by Morgan Stanley. Keefe Bruyette & Woods maintained the shares of RNR in report on Wednesday, September 20 with “Hold” rating. Citigroup maintained it with “Buy” rating and $149 target in Friday, May 4 report. The rating was upgraded by Nomura to “Neutral” on Monday, December 7. As per Wednesday, October 14, the company rating was upgraded by Bernstein. The firm has “Neutral” rating given on Tuesday, November 15 by Goldman Sachs. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, June 26 report.

Brandywine Global Investment Management Llc, which manages about $52.46B and $16.05 billion US Long portfolio, decreased its stake in Delta Air Lines Inc Del (NYSE:DAL) by 65,309 shares to 2.46 million shares, valued at $142.19 million in 2018Q3, according to the filing. It also reduced its holding in Xcel Energy Inc (NYSE:XEL) by 12,735 shares in the quarter, leaving it with 402,538 shares, and cut its stake in Cvs Health Corp (NYSE:CVS).

More notable recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were published by: Seekingalpha.com which released: “RenaissanceRe Holdings: This 5.75% Preferred Stock Has Begun Trading On The NYSE – Seeking Alpha” on June 23, 2018, also Zacks.com with their article: “RenaissanceRe’s (RNR) Q4 Earnings Beat Estimates, Down Y/Y – Zacks.com” published on January 30, 2019, Seekingalpha.com published: “Sluggish Rates And Book Value Growth Limit RenaissanceRe’s Appeal – Seeking Alpha” on June 07, 2018. More interesting news about RenaissanceRe Holdings Ltd. (NYSE:RNR) were released by: Seekingalpha.com and their article: “RenaissanceRe Holdings to buy Tokio Millennium Re in $1.5B deal – Seeking Alpha” published on October 30, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For January 29, 2019 – Benzinga” with publication date: January 29, 2019.

Among 30 analysts covering General Electric Company (NYSE:GE), 13 have Buy rating, 3 Sell and 14 Hold. Therefore 43% are positive. General Electric Company had 125 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by on Monday, October 10. The rating was downgraded by Morgan Stanley on Monday, October 23 to “Underweight”. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Monday, October 9 by J.P. Morgan. The company was maintained on Monday, October 5 by Barclays Capital. The rating was maintained by RBC Capital Markets with “Positive” on Thursday, March 23. The firm has “Sell” rating by Deutsche Bank given on Tuesday, November 21. The firm earned “Buy” rating on Wednesday, August 26 by TheStreet. The firm has “Neutral” rating given on Friday, July 27 by Bank of America. The company was maintained on Friday, July 7 by Stifel Nicolaus. The rating was downgraded by UBS to “Neutral” on Monday, October 23.

Since November 1, 2018, it had 3 insider buys, and 0 insider sales for $2.78 million activity. Shares for $2.19M were bought by CULP H LAWRENCE JR on Thursday, November 1. Shares for $94,800 were bought by DIMITRIEF ALEXANDER on Tuesday, November 6.

Investors sentiment decreased to 0.56 in Q3 2018. Its down 0.03, from 0.59 in 2018Q2. It fall, as 83 investors sold GE shares while 743 reduced holdings. 114 funds opened positions while 346 raised stakes. 4.54 billion shares or 0.56% more from 4.51 billion shares in 2018Q2 were reported. Advisor Ptnrs Lc reported 0.12% stake. First Fincl Corporation In holds 43,779 shares. Choate Inv holds 146,676 shares. Roberts Glore Il owns 53,248 shares. Btr Mgmt accumulated 23,217 shares or 0.05% of the stock. 164,173 were reported by Kentucky Retirement Insur Tru Fund. 412,809 are held by Gotham Asset Lc. First Bank & Trust Trust Co Of Newtown stated it has 173,741 shares. Altfest L J & reported 36,147 shares or 0.12% of all its holdings. Baldwin Brothers Ma has invested 0.01% in General Electric Company (NYSE:GE). Moreover, Engineers Gate Manager Lp has 0.51% invested in General Electric Company (NYSE:GE) for 590,452 shares. Joel Isaacson Ltd Com reported 74,281 shares. Spark Investment Mngmt Limited Liability Corp has invested 0.02% of its portfolio in General Electric Company (NYSE:GE). Switzerland-based Bellecapital Int Limited has invested 0.14% in General Electric Company (NYSE:GE). Oppenheimer And Company holds 978,996 shares or 0.28% of its portfolio.

More notable recent General Electric Company (NYSE:GE) news were published by: Finance.Yahoo.com which released: “BofA Gives Seal Of Approval To GE Divestitures, Stays Neutral On Stock – Yahoo Finance” on January 17, 2019, also Investorplace.com with their article: “5 Top Stock Trades for Tuesday: ATVI, GE, UAA, ROKU, SHOP – Investorplace.com” published on February 11, 2019, Investorplace.com published: “3 Reasons to Be Bullish on GE Stock Ahead of Earnings – Investorplace.com” on January 30, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Benzinga.com and their article: “Analyst: Normalized GE Earnings Difficult To Forecast (NYSE:GE) – Benzinga” published on February 04, 2019 as well as Seekingalpha.com‘s news article titled: “Analysts deeply split over GE after yesterday’s run-up – Seeking Alpha” with publication date: February 01, 2019.

General Electric Company (NYSE:GE) Institutional Positions Chart