Utah Retirement Systems lowered its position in Baker Hughes A GE Co (NYSE:BHI) by 2.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,870 shares of the oilfield services provider’s stock after selling 2,300 shares during the period. Utah Retirement Systems’ holdings in Baker Hughes A GE were worth $4,244,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Partners Capital Investment Group Holdings LLC increased its position in shares of 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 worth $116,000 after buying an additional 5 shares during the last quarter. Moody Lynn & Lieberson LLC increased its position in shares of Baker Hughes A GE by 1.0% in the first quarter. Moody Lynn & Lieberson LLC now owns 7,728 shares of the oilfield services provider’s stock worth $462,000 after buying an additional 75 shares during the last quarter. Cadence Capital Management LLC increased its position in shares of Baker Hughes A GE by 0.6% in the second quarter. Cadence Capital Management LLC now owns 16,624 shares of the oilfield services provider’s stock worth $906,000 after buying an additional 94 shares during the last quarter. Wetherby Asset Management Inc. increased its position in shares of Baker Hughes A GE by 1.3% in the second quarter. Wetherby Asset Management Inc. now owns 8,088 shares of the oilfield services provider’s stock worth $441,000 after buying an additional 100 shares during the last quarter. Finally, Kanawha Capital Management LLC increased its position in shares of Baker Hughes A GE by 1.0% in the second quarter. Kanawha Capital Management LLC now owns 11,085 shares of the oilfield services provider’s stock worth $604,000 after buying an additional 105 shares during the last quarter. 91.32% of the stock is currently owned by institutional investors and hedge funds.

Shares of Baker Hughes A GE Co (NYSE:BHI) opened at 57.68 on Tuesday. Baker Hughes A GE Co has a 52-week low of $43.09 and a 52-week high of $68.59. The stock’s 50 day moving average is $55.90 and its 200 day moving average is $59.83.

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BHI has been the topic of several research reports. BidaskClub downgraded Baker Hughes A GE from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 28th. BMO Capital Markets reissued a “hold” rating and issued a $65.00 target price on shares of Baker Hughes A GE in a research report on Thursday, June 22nd. Zacks Investment Research raised shares of Baker Hughes A GE from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Jefferies Group LLC set a $67.00 price target on shares of Baker Hughes A GE and gave the company a “hold” rating in a report on Wednesday, May 31st. Finally, Barclays PLC reaffirmed a “buy” rating on shares of Baker Hughes A GE in a report on Thursday, June 22nd. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $63.10.

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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