Paloma Partners Management Co decreased its position in Baker Hughes A GE Co (NYSE:BHI) by 24.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,743 shares of the oilfield services provider’s stock after selling 5,212 shares during the period. Paloma Partners Management Co’s holdings in Baker Hughes A GE were worth $942,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Winch Advisory Services LLC bought a new position in shares of Baker Hughes A GE during the first quarter worth approximately $104,000. Partners Capital Investment Group Holdings LLC boosted its stake in Baker Hughes A GE by 0.3% in the first quarter. Partners Capital Investment Group Holdings LLC now owns 1,944 shares of the oilfield services provider’s stock valued at $116,000 after buying an additional 5 shares during the last quarter. First Manhattan Co. boosted its stake in Baker Hughes A GE by 19.3% in the first quarter. First Manhattan Co. now owns 2,470 shares of the oilfield services provider’s stock valued at $124,000 after buying an additional 400 shares during the last quarter. TrimTabs Asset Management LLC boosted its stake in Baker Hughes A GE by 89.2% in the first quarter. TrimTabs Asset Management LLC now owns 2,121 shares of the oilfield services provider’s stock valued at $127,000 after buying an additional 1,000 shares during the last quarter. Finally, First Bank & Trust boosted its stake in Baker Hughes A GE by 11.8% in the first quarter. First Bank & Trust now owns 2,239 shares of the oilfield services provider’s stock valued at $134,000 after buying an additional 236 shares during the last quarter. 91.32% of the stock is owned by institutional investors and hedge funds.

Shares of Baker Hughes A GE Co (NYSE:BHI) traded up 5.82% during mid-day trading on Friday, hitting $57.68. The stock had a trading volume of 4,124,512 shares. The company has a 50 day moving average price of $55.90 and a 200 day moving average price of $59.83. Baker Hughes A GE Co has a 12-month low of $43.09 and a 12-month high of $68.59.

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Several research firms recently weighed in on BHI. Goldman Sachs Group, Inc. (The) restated a “sell” rating on shares of Baker Hughes A GE in a research note on Tuesday, July 18th. Morgan Stanley began coverage on Baker Hughes A GE in a research note on Monday, July 17th. They set an “overweight” rating and a $60.00 target price for the company. FBR & Co began coverage on Baker Hughes A GE in a research note on Monday, July 17th. They set a “mkt perform” rating and a $42.00 target price for the company. Jefferies Group LLC restated a “hold” rating and set a $67.00 target price on shares of Baker Hughes A GE in a research note on Thursday, July 6th. Finally, BidaskClub upgraded Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 4th. Three research analysts have rated the stock with a sell rating, seventeen have given a hold rating and thirteen have issued a buy rating to the stock. Baker Hughes A GE has a consensus rating of “Hold” and a consensus price target of $61.33.

Baker Hughes A GE Company Profile

Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.

Institutional Ownership by Quarter for Baker Hughes A GE (NYSE:BHI)

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