General Electric job cuts to impact West Mids workers

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American Electric Power Company, Inc.

General Electric (NYSE:GE) last issued its quarterly earnings data on Friday, October 20th. Following the acquisition, the director now owns 5,500 shares of the company's stock, valued at approximately $100,320. Butensky And Cohen Financial Security reported 70,863 shares. The company has a market cap of $37,516.10, a P/E ratio of 21.92, a PEG ratio of 4.44 and a beta of 0.30. The institutional investor owned 159,551 shares of the conglomerate's stock after selling 117,806 shares during the period. Gotham Asset Limited Liability Company holds 0.11% or 284,165 shares. Moreover, Commerce Bancorporation has 0.03% invested in American Electric Power Company, Inc. As per Friday, July 24, the company rating was maintained by UBS. Homrich & Berg now owns 16,034 shares of the utilities provider's stock valued at $1,114,000 after acquiring an additional 321 shares in the last quarter. Ci Global Investments Inc has invested 0.39% in General Electric Company (NYSE:GE).

AEP has been the subject of several research reports. Wills Gp stated it has 0.28% in General Electric Company (NYSE:GE). (NYSE:AEP) for 12,238 shares. First Fiduciary Investment Counsel Inc acquired 18,511 shares as General Electric (GE)'s stock declined 7.64%. (AEP) by 33.71% based on its latest 2017Q2 regulatory filing with the SEC. Allstate accumulated 22,323 shares or 0.08% of the stock. The stock increased 1.59% or $0.28 during the last trading session, reaching $17.94. About 43.91 million shares traded. It has underperformed by 6.51% the S&P500.

Crow Point Partners Llc, which manages about $937.00M and $607.94 million US Long portfolio, upped its stake in Spark Energy Inc. (NASDAQ:III). Renaissance Technology Ltd Com invested in 0.01% or 1.85 million shares. Comcast Corporation had 66 analyst reports since July 27, 2015 according to SRatingsIntel.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.76 earnings per share, up 13.43% or $0.09 from last year's $0.67 per share.

Officials said the cuts, about 18 percent of GE's total workforce, align with the company's broader effort to decrease costs by $3.5 billion this year and next - and an aim to lower structural costs by hundreds of millions of dollars. (NYSE:AEP), 8 have Buy rating, 0 Sell and 11 Hold. "(AEP) Ex-Dividend Date Scheduled for ..." and published on November 08, 2017 is yet another important article. Neuberger Berman Group LLC grew its stake in American Electric Power by 5.5% during the 2nd quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Therefore 80% are positive.

Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. Royal Bank Of Canada reissued a "buy" rating and issued a $31.00 price target on shares of General Electric in a report on Friday, September 15th. As per Tuesday, July 26, the company rating was upgraded by Goldman Sachs. The stock of American Electric Power Company, Inc. The firm has "Buy" rating by Canaccord Genuity given on Tuesday, June 7. Finally, Morgan Stanley increased their price target on shares of American Electric Power from $71.00 to $73.00 and gave the company an "equal weight" rating in a research note on Thursday, August 10th. Homrich & Berg grew its stake in American Electric Power by 2.0% during the 2nd quarter. (NYSE:AEP) rating on Wednesday, August 30. RBC Capital Markets maintained the stock with "Hold" rating in Monday, October 30 report. Stifel Nicolaus downgraded the stock to "Hold" rating in Tuesday, October 24 report.

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