Northern Trust Corp cut its position in shares of Baker Hughes A GE Co (NYSE:BHI) by 27.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,880,436 shares of the oilfield services provider’s stock after selling 1,477,523 shares during the period. Northern Trust Corp’s holdings in Baker Hughes A GE were worth $211,523,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Vantage Financial Partners Ltd. Inc. purchased a new position in shares of Baker Hughes A GE during the 2nd quarter worth about $994,000. Winslow Evans & Crocker Inc. boosted its stake in shares of Baker Hughes A GE by 7.9% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,880 shares of the oilfield services provider’s stock worth $103,000 after purchasing an additional 138 shares during the period. Partners Capital Investment Group Holdings LLC boosted its stake in shares of Baker Hughes A GE by 0.3% during the 1st quarter. Partners Capital Investment Group Holdings LLC now owns 1,944 shares of the oilfield services provider’s stock worth $116,000 after purchasing an additional 5 shares during the period. James Investment Research Inc. purchased a new position in shares of Baker Hughes A GE during the 2nd quarter worth about $132,000. Finally, Bronfman E.L. Rothschild L.P. boosted its stake in shares of Baker Hughes A GE by 22.6% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 2,989 shares of the oilfield services provider’s stock worth $179,000 after purchasing an additional 551 shares during the period. 91.32% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently commented on BHI. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Baker Hughes A GE in a research note on Monday, July 3rd. Zacks Investment Research raised shares of Baker Hughes A GE from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub raised shares of Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 4th. Jefferies Group LLC reaffirmed a “hold” rating and set a $67.00 price target on shares of Baker Hughes A GE in a research note on Thursday, July 6th. Finally, FBR & Co began coverage on shares of Baker Hughes A GE in a research note on Monday, July 17th. They set a “mkt perform” rating and a $42.00 price target for the company. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Baker Hughes A GE has an average rating of “Hold” and an average price target of $62.27.

Baker Hughes A GE Co (NYSE:BHI) opened at 57.68 on Friday. The company’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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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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