As Dominion Energy Midstrm Prtn (DM) Stock Value Declined, Mariner Investment Group Has Cut Its Position; As General Electric Co (GE) Valuation Declined, Shanda Payment Holdings LTD Upped Its Stake by $34.00 Million

May 4, 2018 - By Clifton Ray

General Electric Company (NYSE:GE) Logo

William Michaelcheck decreased its stake in Dominion Energy Midstrm Prtn (DM) by 55.97% based on its latest 2017Q4 regulatory filing with the SEC. Mariner Investment Group Llc sold 11,246 shares as the company’s stock declined 47.08% with the market. The hedge fund run by William Michaelcheck held 8,847 shares of the public utilities company at the end of 2017Q4, valued at $269,000, down from 20,093 at the end of the previous reported quarter. Mariner Investment Group Llc who had been investing in Dominion Energy Midstrm Prtn for a number of months, seems to be less bullish one the $1.45B market cap company. The stock increased 2.32% or $0.3278 during the last trading session, reaching $14.4778. About 136,837 shares traded. Dominion Energy Midstream Partners, LP (NYSE:DM) has declined 48.46% since May 4, 2017 and is downtrending. It has underperformed by 60.01% the S&P500.

Shanda Payment Holdings Ltd increased its stake in General Electric Co (GE) by 285.71% based on its latest 2017Q4 regulatory filing with the SEC. Shanda Payment Holdings Ltd bought 2.00 million shares as the company’s stock declined 23.20% with the market. The institutional investor held 2.70M shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $47.12 million, up from 700,000 at the end of the previous reported quarter. Shanda Payment Holdings Ltd who had been investing in General Electric Co for a number of months, seems to be bullish on the $121.63B market cap company. The stock increased 0.53% or $0.0739 during the last trading session, reaching $14.0039. About 17.40 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 4, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

More notable recent General Electric Company (NYSE:GE) news were published by: Livetradingnews.com which released: “General Electric Company (NYSE:GE) Time to Buy?” on May 03, 2018, also Seekingalpha.com with their article: “GE Is No Bargain At $14” published on May 02, 2018, Benzinga.com published: “Analyst: Wabtech A Buy On Potential GE Synergies” on April 23, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Fool.com and their article: “What You Must Know Before Buying General Electric Stock” published on May 01, 2018 as well as 247Wallst.com‘s news article titled: “Why General Electric Earnings Are Brightening Investors’ Morning” with publication date: April 20, 2018.

Since January 26, 2018, it had 1 insider buy, and 0 selling transactions for $43,446 activity.

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 had 101 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. As per Tuesday, March 13, the company rating was maintained by JP Morgan. The rating was upgraded by Standpoint Research on Thursday, June 29 to “Hold”. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, November 14. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Citigroup on Thursday, January 21. The stock of General Electric Company (NYSE:GE) has “Neutral” rating given on Monday, October 23 by UBS. The firm earned “Hold” rating on Tuesday, September 22 by Vetr. The firm has “Hold” rating given on Monday, February 26 by RBC Capital Markets. As per Monday, October 30, the company rating was maintained by Deutsche Bank. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, April 3.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It worsened, 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. Moreover, Sterneck Cap Mgmt Limited Liability has 1.4% invested in General Electric Company (NYSE:GE). Meiji Yasuda Life Insur holds 207,251 shares. Loomis Sayles & Ltd Partnership holds 0% of its portfolio in General Electric Company (NYSE:GE) for 40,741 shares. Moreover, Pinnacle Fincl Prtn has 0.34% invested in General Electric Company (NYSE:GE). Mitchell Sinkler And Starr Pa holds 39,449 shares. 22,386 are held by Bank & Trust Of Stockton. Ally holds 2.38% or 705,000 shares in its portfolio. Canada Pension Plan Investment Board has 7.85 million shares for 0.26% of their portfolio. Natl Asset Inc holds 0.29% of its portfolio in General Electric Company (NYSE:GE) for 121,892 shares. Rmsincerbeaux Capital Mngmt Limited Liability Corp holds 0.21% or 13,383 shares in its portfolio. First Bankshares, Illinois-based fund reported 52,506 shares. 22,315 were reported by S R Schill. First National Trust Com reported 311,927 shares. 42,795 are held by Alpha Cubed Invests Limited Liability Co. Moneta Grp Lc holds 0.13% or 48,715 shares in its portfolio.

Another recent and important Dominion Energy Midstream Partners, LP (NYSE:DM) news was published by Benzinga.com which published an article titled: “Benzinga’s Top Upgrades, Downgrades For April 30, 2018” on April 30, 2018.

Among 15 analysts covering Dominion Midstream Partners LP (NYSE:DM), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Dominion Midstream Partners LP had 51 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, March 28. The firm has “Underweight” rating by Morgan Stanley given on Friday, November 17. The firm has “In-Line” rating given on Tuesday, March 27 by Evercore. Scotia Capital maintained the stock with “Buy” rating in Friday, April 28 report. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, March 20. The firm has “Neutral” rating by Mizuho given on Tuesday, October 31. On Monday, April 30 the stock rating was downgraded by Stifel Nicolaus to “Hold”. As per Thursday, August 6, the company rating was downgraded by Zacks. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) has “Hold” rating given on Thursday, December 14 by J.P. Morgan. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) earned “Buy” rating by Evercore on Thursday, January 5.

Dominion Energy Midstream Partners, LP (NYSE:DM) Institutional Positions Chart

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