Telos Capital Management Has Decreased General Electric Co (GE) Stake; Zebra Capital Management Lifted Its Franklin Electric Co Com S (FELE) Stake

June 19, 2018 - By Peter Hammer

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Zebra Capital Management Llc increased Franklin Electric Co Inc Com S (FELE) stake by 63.2% reported in 2018Q1 SEC filing. Zebra Capital Management Llc acquired 10,479 shares as Franklin Electric Co Inc Com S (FELE)’s stock rose 11.19%. The Zebra Capital Management Llc holds 27,060 shares with $1.10M value, up from 16,581 last quarter. Franklin Electric Co Inc Com S now has $2.18B valuation. The stock increased 0.43% or $0.2 during the last trading session, reaching $46.95. About 90,949 shares traded. Franklin Electric Co., Inc. (NASDAQ:FELE) has risen 22.06% since June 19, 2017 and is uptrending. It has outperformed by 9.49% the S&P500. Some Historical FELE News: ; 01/05/2018 – FRANKLIN ELECTRIC SEES FY EPS $2.27 TO $2.37, EST. $2.23; 21/04/2018 – DJ Franklin Electric Co Inc, Inst Holders, 1Q 2018 (FELE); 23/04/2018 – FRANKLIN ELECTRIC CO FELE.O SETS QUARTERLY CASH DIVIDEND OF $0.12/SHR; 01/05/2018 – Franklin Electric 1Q EPS 45c; 01/05/2018 – Franklin Electric Raising 2018 Rev Guidance Due to Strong Start to Year in Water and Fueling Systems Segments, Better Than Expected Sequential Growth in Distribution; 01/05/2018 – FRANKLIN ELECTRIC 1Q ADJ EPS 45C, EST. 41C; 22/03/2018 – Franklin Electric’s New Larger Little Giant® Aeration System Maximizes the Health of Bigger Bodies of Water; 01/05/2018 – Franklin Electric Closes Above 200-Day Moving Average; 16/05/2018 – Franklin Electric’s New SSI Series Offers High Flow, Corrosion Resistance, & Increased Efficiency In Harsh Pumping Applications; 23/04/2018 – Franklin Electric Raises Quarter Dividend to 12c Vs. 10.75c

Telos Capital Management Inc decreased General Electric Co (GE) stake by 85.74% reported in 2018Q1 SEC filing. Telos Capital Management Inc sold 107,289 shares as General Electric Co (GE)’s stock declined 0.14%. The Telos Capital Management Inc holds 17,847 shares with $241,000 value, down from 125,136 last quarter. General Electric Co now has $114.65B valuation. The stock decreased 0.75% or $0.1 during the last trading session, reaching $13.2. About 68.34 million shares traded or 0.96% up from the average. General Electric Company (NYSE:GE) has declined 46.78% since June 19, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: ; 12/04/2018 – GE EXPLORES HYBRID DEALS, SPINOFFS IN STRATEGIC REVIEW – WSJ, CITING; 18/04/2018 – GE AND SAFRAN HAVE ALSO SENT TEAM TO ASSIST NTSB; 20/04/2018 – General Electric 1Q Loss/Shr 14c; 17/04/2018 – FDA: GE Medical Systems Ultrasound & Primary Care Diagnostics, LL- GE Healthcare: a) Prodigy, Model Numbers: LU7248, LU8905,; 07/03/2018 – GENERAL ELECTRIC CO GE.N : DEUTSCHE BANK SAYS RISING METAL INPUT COSTS REDUCES THE ATTRACTIVENESS OF GE’S RAIL BUSINESS TO A POTENTIAL BUYER; 12/03/2018 – GE: CEO FLANNERY TO NOT RECEIVE BONUS FOR 2017; 23/04/2018 – Southwest cancels more U.S. flights as it inspects engines; 04/05/2018 – British Airways Pensions Exits GE, Doubles Down on 3M — Barrons.com; 21/05/2018 – ELECNOR SA ENOR.MC SAYS IN CONSORTIUM WITH GENERAL ELECTRIC WINS CONTRACT FOR CONSTRUCTION OF 100 MW WIND FARM IN JORDAN; 16/05/2018 – Blink Charging Announces First Quarter 2018 Financials

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.41, from 1.38 in 2017Q4. It is negative, as 15 investors sold FELE shares while 52 reduced holdings. 14 funds opened positions while 51 raised stakes. 34.83 million shares or 1.22% less from 35.27 million shares in 2017Q4 were reported. Chesley Taft & Associates Ltd Llc holds 0.14% or 38,275 shares. Van Eck Corp reported 0.01% stake. State Board Of Administration Of Florida Retirement has 0% invested in Franklin Electric Co., Inc. (NASDAQ:FELE). King Luther Capital Mgmt owns 1.18 million shares for 0.4% of their portfolio. Citigroup accumulated 12,370 shares. Earnest Ptnrs Ltd Liability stated it has 2.13 million shares or 0.82% of all its holdings. 344 are owned by Captrust Financial Advsrs. Sg Americas Ltd Liability Company reported 0% in Franklin Electric Co., Inc. (NASDAQ:FELE). Moreover, State Of Alaska Department Of Revenue has 0.01% invested in Franklin Electric Co., Inc. (NASDAQ:FELE). Manchester Mgmt Limited Company stated it has 0.12% in Franklin Electric Co., Inc. (NASDAQ:FELE). Riverhead Capital Mgmt Llc holds 0% of its portfolio in Franklin Electric Co., Inc. (NASDAQ:FELE) for 2,285 shares. Victory Capital Mngmt owns 6,987 shares. Bnp Paribas Arbitrage Sa accumulated 0% or 14,228 shares. Vanguard Gp Incorporated holds 0.01% or 4.10M shares. Ls Advisors Limited Liability holds 0% or 1,205 shares.

Zebra Capital Management Llc decreased Illinois Tool Wks Inc Com Stk (NYSE:ITW) stake by 3,118 shares to 4,650 valued at $728,000 in 2018Q1. It also reduced Quality Sys Inc Com Stk (NASDAQ:QSII) stake by 48,991 shares and now owns 11,159 shares. Campbell Soup Usd Com (NYSE:CPB) was reduced too.

Among 7 analysts covering Franklin Electric (NASDAQ:FELE), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Franklin Electric had 16 analyst reports since September 30, 2015 according to SRatingsIntel. The stock of Franklin Electric Co., Inc. (NASDAQ:FELE) earned “Hold” rating by Robert W. Baird on Wednesday, December 13. The firm has “Neutral” rating by Wedbush given on Wednesday, February 24. The firm has “Neutral” rating given on Thursday, October 15 by Boenning & Scattergood. The stock has “Neutral” rating by Robert W. Baird on Wednesday, October 25. Alembic initiated the shares of FELE in report on Wednesday, September 30 with “Overweight” rating. Robert W. Baird maintained the shares of FELE in report on Wednesday, October 4 with “Hold” rating. As per Tuesday, December 22, the company rating was initiated by Ladenburg Thalmann. The stock has “Neutral” rating by Ladenburg Thalmann on Tuesday, January 12. The stock of Franklin Electric Co., Inc. (NASDAQ:FELE) earned “Buy” rating by Boenning & Scattergood on Tuesday, July 25. Seaport Global downgraded Franklin Electric Co., Inc. (NASDAQ:FELE) rating on Friday, June 10. Seaport Global has “Neutral” rating and $36 target.

Another recent and important Franklin Electric Co., Inc. (NASDAQ:FELE) news was published by Nasdaq.com which published an article titled: “New Research Coverage Highlights Franklin Electric Co., ForeScout Technologies, State Bank Financial, Meta …” on May 25, 2018.

Since March 9, 2018, it had 0 insider purchases, and 7 insider sales for $871,149 activity. 1,280 shares valued at $54,016 were sold by Kenney Donald P on Friday, March 16. Haines John J also sold $106,250 worth of Franklin Electric Co., Inc. (NASDAQ:FELE) shares. davis delancey w sold $30,334 worth of Franklin Electric Co., Inc. (NASDAQ:FELE) on Friday, May 25. $138,054 worth of Franklin Electric Co., Inc. (NASDAQ:FELE) shares were sold by Aikman Steven William.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity. DIMITRIEF ALEXANDER had bought 2,689 shares worth $43,446 on Friday, January 26.

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 104 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 14 report. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Vetr on Tuesday, September 22. The stock has “Buy” rating by S&P Research on Tuesday, October 20. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by RBC Capital Markets on Monday, October 19. UBS downgraded the stock to “Neutral” rating in Monday, October 23 report. The firm has “Buy” rating given on Thursday, January 25 by Citigroup. The company was maintained on Monday, June 12 by Oppenheimer. The company was maintained on Tuesday, January 16 by Vertical Research. Deutsche Bank maintained the shares of GE in report on Monday, September 11 with “Sell” rating. Oppenheimer maintained the stock with “Hold” rating in Monday, July 17 report.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It is positive, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Strategic Wealth Advisors Group Inc Limited Liability Corporation holds 0.16% or 190,918 shares. Spears Abacus Advsrs Limited Liability Com accumulated 1.52% or 867,895 shares. Granite Partners Ltd Liability Com, California-based fund reported 63,379 shares. Security Natl Tru stated it has 0.36% of its portfolio in General Electric Company (NYSE:GE). 98,847 are held by Credit Agricole S A. Swiss Bank reported 27.82 million shares or 0.46% of all its holdings. Gofen Glossberg Ltd Llc Il owns 1.10 million shares. Credit Suisse Ag reported 0.28% in General Electric Company (NYSE:GE). Condor Capital Mgmt invested 0.11% of its portfolio in General Electric Company (NYSE:GE). Alliancebernstein LP reported 14.15M shares. Community Tru & Invest Company reported 11,020 shares stake. 167,738 were reported by Pinnacle Financial Prtn. Moreover, First City Management has 0.95% invested in General Electric Company (NYSE:GE) for 94,298 shares. 3,274 were accumulated by Portfolio Solutions Limited Liability Com. 179,029 were reported by Regal Investment Advsr Limited Liability Company.

More notable recent General Electric Company (NYSE:GE) news were published by: Thestreet.com which released: “Why GE’s Stock Has Fallen 9% in the Last 30 Days” on June 17, 2018, also Bizjournals.com with their article: “With Intel’s help, Portland launches smart city pilot aimed at traffic safety” published on June 18, 2018, Livetradingnews.com published: “General Electric Company (NYSE:GE) Fallen 9% in the Last 30 Days” on June 18, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Digital Growth Is Impressive” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “The Market Needs A Glum Index – Cramer’s Mad Money (6/18/18)” with publication date: June 19, 2018.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 EPS, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48 billion for 19.41 P/E if the $0.17 EPS becomes a reality. After $0.16 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

General Electric Company (NYSE:GE) Institutional Positions Chart

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