Exxon Mobil (XOM) Holder Avalon Advisors Has Lifted Its Holding; Sandy Spring Bank Decreased General Electric Company (GE) Position as Stock Rose

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Avalon Advisors Llc increased its stake in Exxon Mobil Corp (XOM) by 102.31% based on its latest 2018Q4 regulatory filing with the SEC. Avalon Advisors Llc bought 702,662 shares as the company’s stock rose 2.37% with the market. The hedge fund held 1.39M shares of the integrated oil company at the end of 2018Q4, valued at $94.75 million, up from 686,813 at the end of the previous reported quarter. Avalon Advisors Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $347.47B market cap company. The stock increased 1.42% or $1.15 during the last trading session, reaching $82.05. About 9.14 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has risen 6.80% since April 5, 2018 and is uptrending. It has outperformed by 2.43% the S&P500. Some Historical XOM News: 09/05/2018 – ALGERIA’S SONATRACH TO BUY EXXONMOBIL’S AUGUSTA OIL REFINERY IN ITALY – CEO TELLS LES ECHOS; 27/04/2018 – EXXON MOBIL CORP XOM.N SAYS ‘BUYBACKS REMAIN ON THE TABLE’; 27/04/2018 – ExxonMobil fails to ride oil’s rally as Chevron powers ahead; 12/04/2018 – SANTOS LTD – ADVISED BY EXXONMOBIL THAT PRODUCTION OF LNG HAS SAFELY RESUMED FOLLOWING TEMPORARY SHUTDOWN OF OPS AFTER SEVERE EARTHQUAKE IN REGION; 20/03/2018 – Exxon Mobil Facility Startup Could Come as Early as 2021; 09/05/2018 – Blackrock Group Adds Aptiv, Exits Barrick Gold, Cuts Exxon: 13F; 20/03/2018 – EXXONMOBIL – FINAL DECISION ON U.S. GULF COAST INVESTMENT, ANTICIPATED TO BE SEVERAL HUNDRED MLN DOLLARS, EXPECTED LATER THIS YEAR; 12/04/2018 – Ernie Scheyder: Exclusive: Chevron, Exxon seek ‘small refinery’ waivers from U.S. biofuels law; 17/04/2018 – ETHOSENERGY – THE CONTRACT IS FOR SUPPLY OF NEW W251B8 GAS TURBINE ROTOR; 13/04/2018 – Energy Law360: BREAKING: Mass. Top Court Won’t Quash AG Climate Probe Of Exxon

Sandy Spring Bank decreased its stake in General Electric Company (GE) by 64.38% based on its latest 2018Q4 regulatory filing with the SEC. Sandy Spring Bank sold 70,855 shares as the company’s stock rose 39.52% with the market. The institutional investor held 39,209 shares of the consumer electronics and appliances company at the end of 2018Q4, valued at $297,000, down from 110,064 at the end of the previous reported quarter. Sandy Spring Bank who had been investing in General Electric Company for a number of months, seems to be less bullish one the $87.36B market cap company. The stock decreased 0.69% or $0.07 during the last trading session, reaching $10.03. About 39.98 million shares traded. General Electric Company (NYSE:GE) has declined 22.98% since April 5, 2018 and is downtrending. It has underperformed by 27.35% the S&P500. Some Historical GE News: 14/03/2018 – JPMorgan Questions GE Profit Guidance (Video); 11/05/2018 – BAKER HUGHES A GE CO – DIVIDEND WILL BE FUNDED BY DISTRIBUTION OF $.18 PER UNIT FROM BAKER HUGHES A GE COMPANY LLC TO ALL OF ITS MEMBERS, INCLUDING GE; 07/03/2018 – USDA-Foreign Agr: Japan: Japan to Decide GE Labeling Requirements Soon – March 7, 2018; 17/04/2018 – SOUTHWEST AIRLINES ACCELERATING EXISTING ENGINE INSPECTION PROGRAM RELATING TO THE CFM56 ENGINE FAMILY – STATEMENT; 25/04/2018 – GE CEO FLANNERY: RECENT PERFORMANCE `IMMENSELY DISAPPOINTING’; 10/04/2018 – UGANDA AWARDS REFINERY DEAL TO GE-LED GROUP: MUSEVENI; 08/05/2018 – ZHEJIANG CHINA LIGHT & TEXTILE INDUSTRIAL 600790.SS SAYS BOARD ELECTS GE MEIRONG AS CHAIRMAN; 11/04/2018 – GE IN SUPPLY PACT WITH GREENTECH ENERGY COMPANY; 21/05/2018 – ♫ Reuters Insider – Breakingviews TV: The GE train; 20/04/2018 – General Electric 1Q GE Capital Rev $2.17B

Sandy Spring Bank, which manages about $1.04 billion US Long portfolio, upped its stake in Ishares S&P 500 Index Fund (IVV) by 17,075 shares to 188,490 shares, valued at $47.43M in 2018Q4, according to the filing. It also increased its holding in Mastercard Inc (NYSE:MA) by 2,537 shares in the quarter, for a total of 49,395 shares, and has risen its stake in Host Hotels & Resorts Inc. (NYSE:HST).

Investors sentiment decreased to 0.5 in Q4 2018. Its down 0.06, from 0.56 in 2018Q3. It dropped, as 148 investors sold GE shares while 738 reduced holdings. 143 funds opened positions while 301 raised stakes. 4.80 billion shares or 5.74% more from 4.54 billion shares in 2018Q3 were reported. First City Mngmt, Georgia-based fund reported 63,883 shares. Jgp Gestao De Recursos Ltda, Brazil-based fund reported 1.60 million shares. Addenda Capital Inc has invested 0.01% in General Electric Company (NYSE:GE). Peoples Fincl Serv accumulated 124,249 shares. 195,409 were reported by Cullinan Associates. Fdx accumulated 229,380 shares. Shelton Capital Mgmt has 0.05% invested in General Electric Company (NYSE:GE) for 88,621 shares. Halbert Hargrove Russell Limited Liability has 13,519 shares for 0.02% of their portfolio. Illinois-based Interocean Cap Limited Com has invested 0.1% in General Electric Company (NYSE:GE). Cwm Limited has invested 0.01% in General Electric Company (NYSE:GE). Inr Advisory Serv Ltd Liability Com reported 0% stake. Moreover, Captrust Finance Advsrs has 0.07% invested in General Electric Company (NYSE:GE) for 166,850 shares. Independent has 0.25% invested in General Electric Company (NYSE:GE) for 75,201 shares. St Germain D J Com holds 0.79% of its portfolio in General Electric Company (NYSE:GE) for 874,132 shares. Steinberg Global Asset Mngmt, a Florida-based fund reported 27,926 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 19. They expect $0.11 EPS, down 31.25% or $0.05 from last year’s $0.16 per share. GE’s profit will be $958.06M for 22.80 P/E if the $0.11 EPS becomes a reality. After $0.17 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -35.29% negative EPS growth.

Since November 1, 2018, it had 3 buys, and 0 sales for $2.78 million activity. Another trade for 10,000 shares valued at $94,800 was bought by DIMITRIEF ALEXANDER. 225,000 shares valued at $2.19 million were bought by CULP H LAWRENCE JR on Thursday, November 1.

More notable recent General Electric Company (NYSE:GE) news were published by: Fool.com which released: “Forget General Electric, United Technologies Is a Better Buy – The Motley Fool” on March 26, 2019, also Investorplace.com with their article: “Too Early or Too Late? General Electric Stock Has Investors Guessing – Investorplace.com” published on March 10, 2019, published: “GE CEO Says Industrial Free Cash Flow Will Turn Negative In 2019 (NYSE:GE) – Benzinga” on March 05, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: GE CVS CNDT MBT: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines – GlobeNewswire” published on April 01, 2019 as well as Seekingalpha.com‘s news article titled: “Has Mr. Culp Gotten GE Within His Grasp? – Seeking Alpha” with publication date: March 06, 2019.

Avalon Advisors Llc, which manages about $4.06 billion and $3.87 billion US Long portfolio, decreased its stake in Prudential Financial Inc (NYSE:PRU) by 7,777 shares to 123,727 shares, valued at $10.09M in 2018Q4, according to the filing. It also reduced its holding in Sap Se (NYSE:SAP) by 3,947 shares in the quarter, leaving it with 30,526 shares, and cut its stake in Host Hotels & Resorts Inc (NYSE:HST).

Since November 28, 2018, it had 0 insider buys, and 7 sales for $5.27 million activity. Hansen Neil A also sold $214,914 worth of Exxon Mobil Corporation (NYSE:XOM) shares. 15,850 shares were sold by Verity John R, worth $1.22 million. On Tuesday, December 4 Rosenthal David S sold $614,337 worth of Exxon Mobil Corporation (NYSE:XOM) or 7,562 shares. Corson Bradley W also sold $1.09M worth of Exxon Mobil Corporation (NYSE:XOM) shares. On Wednesday, November 28 the insider Spellings James M Jr sold $746,620. Another trade for 9,658 shares valued at $757,284 was sold by Wojnar Theodore J Jr.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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