NN Investment Partners Holdings N.V. Sells 2,881 Shares of Baker Hughes A GE Co (NYSE:BHI)

NN Investment Partners Holdings N.V. reduced its stake in shares of Baker Hughes A GE Co (NYSE:BHI) by 18.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,127 shares of the oilfield services provider’s stock after selling 2,881 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Baker Hughes A GE were worth $716,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Winch Advisory Services LLC bought a new position in shares of Baker Hughes A GE during the first quarter valued at approximately $104,000. Partners Capital Investment Group Holdings LLC raised 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 valued at $116,000 after buying an additional 5 shares during the last quarter. TrimTabs Asset Management LLC raised its position in shares of Baker Hughes A GE by 89.2% in the first quarter. TrimTabs Asset Management LLC now owns 2,121 shares of the oilfield services provider’s stock valued at $127,000 after buying an additional 1,000 shares during the last quarter. First Bank & Trust raised its position in shares of Baker Hughes A GE by 11.8% in the first quarter. First Bank & Trust now owns 2,239 shares of the oilfield services provider’s stock valued at $134,000 after buying an additional 236 shares during the last quarter. Finally, Trust Co. of Vermont raised its position in shares of Baker Hughes A GE by 21.5% in the first quarter. Trust Co. of Vermont now owns 2,260 shares of the oilfield services provider’s stock valued at $135,000 after buying an additional 400 shares during the last quarter. 91.32% of the stock is owned by hedge funds and other institutional investors.

Shares of Baker Hughes A GE Co (BHI) traded up 5.82% on Friday, reaching $57.68. The company’s stock had a trading volume of 4,124,512 shares. The company has a 50 day moving average of $55.90 and a 200 day moving average of $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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Several equities analysts recently commented on the stock. Royal Bank Of Canada set a $72.00 price objective on shares of Baker Hughes A GE and gave the company a “buy” rating in a research report on Saturday, July 1st. Zacks Investment Research downgraded shares of Baker Hughes A GE from a “hold” rating to a “sell” rating in a report on Tuesday, June 27th. Guggenheim downgraded shares of Baker Hughes A GE from a “buy” rating to a “neutral” rating in a report on Tuesday, June 27th. BMO Capital Markets downgraded shares of Baker Hughes A GE from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $69.00 to $65.00 in a report on Wednesday, April 26th. Finally, ValuEngine upgraded shares of Baker Hughes A GE from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Two investment 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. Baker Hughes A GE has a consensus rating of “Hold” and an average 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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