APG Asset Management N.V. continued to hold its stake in shares of Baker Hughes A GE Co (NYSE:BHI) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 808,470 shares of the oilfield services provider’s stock at the end of the second quarter. APG Asset Management N.V. owned about 0.19% of Baker Hughes A GE worth $44,070,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. USA Financial Portformulas Corp bought a new stake in shares of Baker Hughes A GE during the fourth quarter valued at about $467,000. Teachers Advisors LLC raised its stake in shares of Baker Hughes A GE by 9.9% in the fourth quarter. Teachers Advisors LLC now owns 2,008,781 shares of the oilfield services provider’s stock valued at $130,511,000 after buying an additional 180,250 shares during the last quarter. Kentucky Retirement Systems bought a new stake in shares of Baker Hughes A GE during the fourth quarter valued at about $1,993,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Baker Hughes A GE during the fourth quarter valued at about $889,000. Finally, Macquarie Group Ltd. raised its stake in shares of Baker Hughes A GE by 38.4% in the fourth quarter. Macquarie Group Ltd. now owns 10,100 shares of the oilfield services provider’s stock valued at $656,000 after buying an additional 2,800 shares during the last quarter. Institutional investors own 91.32% of the company’s stock.

Baker Hughes A GE Co (BHI) opened at 57.68 on Monday. The company has a 50-day moving average of $55.90 and a 200-day moving average of $59.83. Baker Hughes A GE Co has a 12 month low of $43.09 and a 12 month high of $68.59.

ILLEGAL ACTIVITY WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/07/apg-asset-management-n-v-has-44070000-position-in-baker-hughes-a-ge-co-nysebhi-updated.html.

BHI has been the subject of several research analyst reports. BMO Capital Markets restated a “buy” rating and set a $69.00 price target on shares of Baker Hughes A GE in a research note on Thursday, April 13th. Zacks Investment Research lowered shares of Baker Hughes A GE from a “buy” rating to a “hold” rating in a research note on Tuesday, April 18th. HSBC Holdings plc initiated coverage on shares of Baker Hughes A GE in a research note on Wednesday, April 19th. They set a “hold” rating and a $62.00 price target for the company. Evercore ISI set a $72.00 price target on shares of Baker Hughes A GE and gave the stock an “outperform” rating in a research note on Wednesday, April 26th. Finally, Jefferies Group LLC reduced their price objective on shares of Baker Hughes A GE from $72.00 to $67.00 and set a “hold” rating for the company in a research note on Friday, April 28th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and thirteen have given a buy rating to the company’s stock. Baker Hughes A GE has a consensus rating of “Hold” and a consensus target price 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)

Receive News & Stock Ratings for Baker Hughes A GE Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes A GE Co and related stocks with our FREE daily email newsletter.