GSA Capital Partners LLP purchased a new stake in Baker Hughes A GE Co (NYSE:BHI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 14,841 shares of the oilfield services provider’s stock, valued at approximately $809,000.

Other large investors have also bought and sold shares of the company. BlackRock Inc. raised its stake in shares of Baker Hughes A GE by 1,858.5% during the 1st quarter. BlackRock Inc. now owns 32,833,178 shares of the oilfield services provider’s stock worth $1,964,079,000 after acquiring an additional 31,156,767 shares in the last quarter. ValueAct Holdings L.P. raised its stake in shares of Baker Hughes A GE by 14.6% during the 1st quarter. ValueAct Holdings L.P. now owns 31,407,820 shares of the oilfield services provider’s stock worth $1,878,816,000 after acquiring an additional 4,000,000 shares in the last quarter. Janus Capital Management LLC raised its stake in shares of Baker Hughes A GE by 3,529.3% during the 1st quarter. Janus Capital Management LLC now owns 1,925,065 shares of the oilfield services provider’s stock worth $115,157,000 after acquiring an additional 1,872,022 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Baker Hughes A GE by 37.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,491,326 shares of the oilfield services provider’s stock worth $353,840,000 after acquiring an additional 1,770,840 shares in the last quarter. Finally, Eaton Vance Management bought a new position in shares of Baker Hughes A GE during the 2nd quarter worth approximately $63,949,000. Institutional investors and hedge funds own 91.32% of the company’s stock.

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

Several research analysts recently commented on the stock. Barclays PLC reiterated a “buy” rating on shares of Baker Hughes A GE in a research note on Thursday, June 22nd. BidaskClub upgraded shares of Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Baker Hughes A GE in a research note on Tuesday, July 18th. FBR & Co assumed 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 objective for the company. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Baker Hughes A GE in a research note on Monday, July 3rd. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $62.61.

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Baker Hughes A GE 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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