Endurance Wealth Management Has Cut General Electric Co Com (GE) Holding, Layne Christensen Company (LAYN) Shorts Lowered By 1.84%

July 17, 2017 - By Nellie Frank

Endurance Wealth Management Inc decreased General Electric Co Com (GE) stake by 3.97% reported in 2016Q4 SEC filing. Endurance Wealth Management Inc sold 11,055 shares as General Electric Co Com (GE)’s stock declined 7.64%. The Endurance Wealth Management Inc holds 267,550 shares with $8.46M value, down from 278,605 last quarter. General Electric Co Com now has $232.47B valuation. The stock decreased 0.04% or $0.01 during the last trading session, reaching $26.78. About 403 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since July 17, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Layne Christensen Company (NASDAQ:LAYN) had a decrease of 1.84% in short interest. LAYN’s SI was 3.24M shares in July as released by FINRA. Its down 1.84% from 3.30M shares previously. With 161,800 avg volume, 20 days are for Layne Christensen Company (NASDAQ:LAYN)’s short sellers to cover LAYN’s short positions. The SI to Layne Christensen Company’s float is 19.57%. The stock increased 2.04% or $0.19 on July 14, reaching $9.49. About shares traded. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since July 17, 2016 and is downtrending. It has underperformed by 28.17% the S&P500.

Layne Christensen Company is a water management, construction and drilling company. The company has market cap of $191.78 million. The Firm provides drilling solutions for water management, mineral services and specialty drilling needs. It currently has negative earnings. The Firm operates through three divisions: Water Resources, Inliner and Mineral Services.

Among 3 analysts covering Layne Christensen (NASDAQ:LAYN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Layne Christensen had 5 analyst reports since August 18, 2015 according to SRatingsIntel. Maxim Group initiated the shares of LAYN in report on Friday, February 19 with “Buy” rating. On Tuesday, August 18 the stock rating was downgraded by Zacks to “Buy”. The stock of Layne Christensen Company (NASDAQ:LAYN) earned “Hold” rating by Jefferies on Friday, June 9. As per Monday, March 7, the company rating was maintained by DA Davidson.

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.10, from 1.03 in 2016Q3. It is positive, as 4 investors sold Layne Christensen Company shares while 28 reduced holdings. 16 funds opened positions while 20 raised stakes. 18.07 million shares or 2.42% less from 18.52 million shares in 2016Q3 were reported. Bnp Paribas Arbitrage invested 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Bard Associate stated it has 0.07% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Crystal Rock owns 83,019 shares. Pnc Fincl Group Inc reported 200 shares. Nationwide Fund Advisors invested in 14,144 shares. Schwab Charles Mngmt reported 34,900 shares or 0% of all its holdings. Vanguard Group holds 780,246 shares. Calvert Inv Management stated it has 374,630 shares or 0.15% of all its holdings. Moreover, Gsa Partners Ltd Liability Partnership has 0.03% invested in Layne Christensen Company (NASDAQ:LAYN) for 44,600 shares. Kanaly Tru Company reported 0.03% in Layne Christensen Company (NASDAQ:LAYN). Deutsche Savings Bank Ag stated it has 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). 1.47M are held by Rutabaga Cap Management Limited Liability Corporation Ma. Geode Capital Mgmt Limited Liability Company reported 135,842 shares. Van Den Berg Mngmt I invested 2.96% in Layne Christensen Company (NASDAQ:LAYN). First Tru Limited Partnership holds 0.01% of its portfolio in Layne Christensen Company (NASDAQ:LAYN) for 272,816 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 21 before the open. They expect $0.25 earnings per share, down 50.98% or $0.26 from last year’s $0.51 per share. GE’s profit will be $2.17 billion for 26.78 P/E if the $0.25 EPS becomes a reality. After $0.21 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Since January 23, 2017, it had 5 insider purchases, and 1 sale for $1.20 million activity. Another trade for 4,000 shares valued at $110,800 was bought by Beattie William G. $4.72M worth of General Electric Company (NYSE:GE) was sold by Joyce David Leon. $148,150 worth of General Electric Company (NYSE:GE) was bought by Bornstein Jeffrey S. $7,046 worth of General Electric Company (NYSE:GE) was bought by DIMITRIEF ALEXANDER on Monday, January 23. Another trade for 100,000 shares valued at $2.81M was made by IMMELT JEFFREY R on Monday, May 15.

Among 22 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 3 Sell and 8 Hold. Therefore 50% are positive. General Electric Company had 49 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Perform” rating by Oppenheimer on Monday, September 21. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, December 23 by Argus Research. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, October 19 report. The rating was initiated by JP Morgan with “Underweight” on Thursday, May 12. The rating was upgraded by Credit Suisse to “Focus List” on Wednesday, September 16. The firm has “Buy” rating given on Friday, July 7 by Stifel Nicolaus. The rating was maintained by on Monday, October 10 with “Buy”. On Tuesday, October 13 the stock rating was upgraded by William Blair to “Outperform”. The firm has “Market Perform” rating given on Tuesday, July 26 by Bernstein. The firm earned “Neutral” rating on Wednesday, April 26 by Bank of America.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 0.07, from 0.89 in 2016Q3. It fall, as 68 investors sold GE shares while 818 reduced holdings. 116 funds opened positions while 609 raised stakes. 4.64 billion shares or 0.15% more from 4.63 billion shares in 2016Q3 were reported. Moreover, S&T Commercial Bank Pa has 1.73% invested in General Electric Company (NYSE:GE). Welch Grp Inc Limited Liability Co has invested 0.08% in General Electric Company (NYSE:GE). Security Retail Bank Of So Dak stated it has 2.11% in General Electric Company (NYSE:GE). 10,688 are owned by Lincoln Capital Ltd Llc. Carl Domino invested in 55,393 shares or 1.87% of the stock. Rbo And Co Limited Liability Corp accumulated 65,014 shares. Callahan Ltd Liability Corp invested in 338,371 shares or 2.58% of the stock. Wharton Business Grp Ltd Llc reported 14,819 shares. Joel Isaacson Co Llc holds 141,462 shares. Forbes J M & Ltd Liability Partnership holds 333,768 shares or 2.9% of its portfolio. Valley National Advisers stated it has 2.79% of its portfolio in General Electric Company (NYSE:GE). Bridgeway Mgmt reported 2.47 million shares. Burke & Herbert Commercial Bank & Tru Communication holds 135,032 shares. Barrett Asset Mgmt Ltd Com holds 796,230 shares or 2.08% of its portfolio. Butensky & Cohen Security holds 69,985 shares.

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