Commerce Bank lowered its position in shares of Baker Hughes A GE Co (NYSE:BHI) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,811 shares of the oilfield services provider’s stock after selling 2,416 shares during the period. Commerce Bank’s holdings in Baker Hughes A GE were worth $4,677,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. increased its position in shares of Baker Hughes A GE by 1,858.5% in the first quarter. BlackRock Inc. now owns 32,833,178 shares of the oilfield services provider’s stock worth $1,964,079,000 after buying an additional 31,156,767 shares during the last quarter. ValueAct Holdings L.P. increased its position in shares of Baker Hughes A GE by 14.6% in the first quarter. ValueAct Holdings L.P. now owns 31,407,820 shares of the oilfield services provider’s stock worth $1,878,816,000 after buying an additional 4,000,000 shares during the last quarter. Janus Capital Management LLC increased its position in shares of Baker Hughes A GE by 3,529.3% in the first quarter. Janus Capital Management LLC now owns 1,925,065 shares of the oilfield services provider’s stock worth $115,157,000 after buying an additional 1,872,022 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Baker Hughes A GE by 3.5% in the first quarter. Vanguard Group Inc. now owns 29,075,548 shares of the oilfield services provider’s stock worth $1,739,299,000 after buying an additional 991,070 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its position in shares of Baker Hughes A GE by 971.2% in the second quarter. Neuberger Berman Group LLC now owns 527,522 shares of the oilfield services provider’s stock worth $28,755,000 after buying an additional 478,274 shares during the last quarter. 91.32% of the stock is currently owned by institutional investors and hedge funds.

Baker Hughes A GE Co (BHI) opened at 57.68 on Friday. The firm’s 50-day moving average is $55.90 and its 200 day moving average is $59.83. Baker Hughes A GE Co has a 1-year low of $43.09 and a 1-year high of $68.59.

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A number of research analysts have issued reports on BHI shares. BMO Capital Markets reissued a “hold” rating and set a $65.00 price objective on shares of Baker Hughes A GE in a research report on Thursday, June 22nd. BidaskClub downgraded shares of Baker Hughes A GE from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 28th. Zacks Investment Research raised shares of Baker Hughes A GE from a “sell” rating to a “hold” rating in a research report on Monday, May 8th. Jefferies Group LLC set a $67.00 price objective on shares of Baker Hughes A GE and gave the company a “hold” rating in a research report on Wednesday, May 31st. Finally, Barclays PLC reissued a “buy” rating on shares of Baker Hughes A GE in a research report on Thursday, June 22nd. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and thirteen have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $62.27.

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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