Woodmont Investment Counsel Decreased Its General Electric Co (GE) Position; Education Realty Trust, Inc. (EDR) Had 4 Bullish Analysts

May 26, 2018 - By Sherry Myers

Education Realty Trust, Inc. (NYSE:EDR) Logo

Woodmont Investment Counsel Llc decreased General Electric Co (GE) stake by 44.59% reported in 2017Q4 SEC filing. Woodmont Investment Counsel Llc sold 78,785 shares as General Electric Co (GE)’s stock declined 23.20%. The Woodmont Investment Counsel Llc holds 97,897 shares with $1.71 million value, down from 176,682 last quarter. General Electric Co now has $127.07 billion valuation. The stock increased 0.21% or $0.03 during the last trading session, reaching $14.63. About 49.70 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 26, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Among 16 analysts covering Education Realty Trust (NYSE:EDR), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Education Realty Trust had 52 analyst reports since July 23, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Outperform” rating in Thursday, February 22 report. On Monday, October 3 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity downgraded the shares of EDR in report on Tuesday, April 11 to “Hold” rating. The stock has “Buy” rating by RBC Capital Markets on Wednesday, June 7. The firm has “Buy” rating by FBR Capital given on Tuesday, January 2. The stock of Education Realty Trust, Inc. (NYSE:EDR) earned “Outperform” rating by RBC Capital Markets on Tuesday, February 23. The company was maintained on Thursday, November 9 by KeyBanc Capital Markets. The company was upgraded on Thursday, August 10 by Goldman Sachs. As per Friday, December 15, the company rating was downgraded by J.P. Morgan. The stock of Education Realty Trust, Inc. (NYSE:EDR) earned “Underperform” rating by Hilliard Lyons on Friday, July 1. See Education Realty Trust, Inc. (NYSE:EDR) latest ratings:

16/05/2018 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade
26/02/2018 Broker: Sandler O’Neill Rating: Hold New Target: $34.0 Maintain
22/02/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $37 New Target: $36 Maintain
22/01/2018 Broker: FBR Capital Rating: Buy New Target: $44.0 Maintain
02/01/2018 Broker: FBR Capital Rating: Buy New Target: $44.0 Maintain
19/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $40.0 Maintain
15/12/2017 Broker: J.P. Morgan Rating: Sell New Target: $36.0 Downgrade
15/12/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 earnings per share, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56 billion for 20.32 P/E if the $0.18 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Since January 26, 2018, it had 1 buying transaction, and 0 insider sales for $43,446 activity. DIMITRIEF ALEXANDER bought $43,446 worth of stock.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE’s Share Slide – A Buying Opportunity” on May 24, 2018, also Seekingalpha.com with their article: “GE Deflocks From The S&P 500” published on May 25, 2018, Seekingalpha.com published: “GE: The Flannery Effect” on May 24, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “Baker Hughes General Electric Is Up Over 30% Since The February Low – Is GE Getting The Message?” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Reuters: GE considering sale of insurance business” with publication date: May 22, 2018.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, July 17 by Oppenheimer. The rating was maintained by RBC Capital Markets on Monday, April 24 with “Outperform”. The firm has “Hold” rating given on Sunday, December 10 by Stifel Nicolaus. Stifel Nicolaus maintained General Electric Company (NYSE:GE) rating on Tuesday, June 13. Stifel Nicolaus has “Buy” rating and $3300 target. Standpoint Research initiated General Electric Company (NYSE:GE) on Friday, July 22 with “Sell” rating. The firm has “Buy” rating given on Monday, October 10 by . Cowen & Co maintained General Electric Company (NYSE:GE) rating on Wednesday, April 11. Cowen & Co has “Hold” rating and $1200 target. JP Morgan maintained the shares of GE in report on Tuesday, March 13 with “Underweight” rating. As per Monday, October 19, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating by Stifel Nicolaus given on Friday, April 27.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dropped, 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. Sei Com reported 0.11% in General Electric Company (NYSE:GE). Hudson Valley Investment Advsrs Adv has 145,679 shares for 0.63% of their portfolio. Pinnacle Financial Incorporated holds 185,591 shares or 0.34% of its portfolio. Colonial Advsrs holds 0.57% or 209,118 shares in its portfolio. Cambridge Advsr Inc holds 37,009 shares or 0.23% of its portfolio. Stelac Advisory Services Ltd Co holds 15,408 shares or 0.11% of its portfolio. Arvest Bancorp Trust Division holds 12,024 shares. Wg Shaheen & Dba Whitney & holds 0.11% in General Electric Company (NYSE:GE) or 22,703 shares. First American National Bank & Trust accumulated 52,506 shares. Cypress Group invested 0.5% in General Electric Company (NYSE:GE). Citadel Limited Liability Company stated it has 0.21% of its portfolio in General Electric Company (NYSE:GE). Folger Nolan Fleming Douglas Capital Mngmt Inc holds 0.91% or 375,389 shares in its portfolio. Holt Cap Advisors Ltd Co Dba Holt Cap Partners LP owns 0.39% invested in General Electric Company (NYSE:GE) for 70,440 shares. 229,066 were accumulated by Ibm Retirement Fund. Bnp Paribas Asset Mgmt Holding Sa has 0.19% invested in General Electric Company (NYSE:GE).

Woodmont Investment Counsel Llc increased At&T Inc (NYSE:T) stake by 63,770 shares to 178,021 valued at $6.92M in 2017Q4. It also upped Vanguard Intl Equity Index F (VWO) stake by 25,982 shares and now owns 93,513 shares. Ishares Inc (IEMG) was raised too.

More recent Education Realty Trust, Inc. (NYSE:EDR) news were published by: Prnewswire.com which released: “Lehigh University, EdR Celebrate Groundbreaking of SouthSide Commons” on May 21, 2018. Also Nasdaq.com published the news titled: “Mid-Day Market Update: Dow Falls Over 100 Points; Cara Therapeutics Shares Spike Higher” on May 23, 2018. Seekingalpha.com‘s news article titled: “EdR’s (EDR) CEO Randy Churchey on Q1 2018 Results – Earnings Call Transcript” with publication date: April 30, 2018 was also an interesting one.

The stock increased 1.14% or $0.39 during the last trading session, reaching $34.69. About 560,980 shares traded. Education Realty Trust, Inc. (NYSE:EDR) has declined 20.25% since May 26, 2017 and is downtrending. It has underperformed by 31.80% the S&P500.

General Electric Company (NYSE:GE) Institutional Positions Chart

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