Daiwa Securities Group Inc. reduced its position in shares of Baker Hughes A GE Co (NYSE:BHI) by 86.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,504 shares of the oilfield services provider’s stock after selling 71,918 shares during the period. Daiwa Securities Group Inc.’s holdings in Baker Hughes A GE were worth $627,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Winslow Evans & Crocker Inc. increased its stake in shares of Baker Hughes A GE by 7.9% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,880 shares of the oilfield services provider’s stock worth $103,000 after buying an additional 138 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in shares of Baker Hughes A GE during the first quarter worth approximately $104,000. Partners Capital Investment Group Holdings LLC increased its stake 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 worth $116,000 after buying an additional 5 shares in the last quarter. First Manhattan Co. increased its stake in shares of Baker Hughes A GE by 19.3% in the first quarter. First Manhattan Co. now owns 2,470 shares of the oilfield services provider’s stock worth $124,000 after buying an additional 400 shares in the last quarter. Finally, TrimTabs Asset Management LLC increased its stake 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 worth $127,000 after buying an additional 1,000 shares in the last quarter. 91.32% of the stock is owned by institutional investors and hedge funds.

Shares of Baker Hughes A GE Co (NYSE:BHI) opened at 57.68 on Friday. Baker Hughes A GE Co has a one year low of $43.09 and a one year high of $68.59. The company has a 50-day moving average price of $55.90 and a 200 day moving average price of $59.83.

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A number of research analysts recently weighed in on BHI shares. Barclays PLC reiterated a “buy” rating on shares of Baker Hughes A GE in a report on Thursday, June 22nd. Jefferies Group LLC reduced their target price on Baker Hughes A GE from $72.00 to $67.00 and set a “hold” rating on the stock in a report on Friday, April 28th. Zacks Investment Research cut Baker Hughes A GE from a “hold” rating to a “sell” rating in a report on Tuesday, June 27th. BidaskClub upgraded Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Baker Hughes A GE in a report on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $62.30.

About Baker Hughes A GE

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.

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Institutional Ownership by Quarter for Baker Hughes A GE (NYSE:BHI)

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