IFP Advisors Inc decreased its stake in Baker Hughes A GE Co (NYSE:BHI) by 11.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,009 shares of the oilfield services provider’s stock after selling 1,459 shares during the period. IFP Advisors Inc’s holdings in Baker Hughes A GE were worth $600,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Winslow Evans & Crocker Inc. raised its position in 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 valued at $103,000 after buying an additional 138 shares during the last quarter. Winch Advisory Services LLC purchased a new position in Baker Hughes A GE during the first quarter valued at approximately $104,000. Partners Capital Investment Group Holdings LLC raised its position in 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. First Manhattan Co. raised its position in 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 valued at $124,000 after buying an additional 400 shares during the last quarter. Finally, TrimTabs Asset Management LLC raised its position in 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. 91.32% of the stock is owned by institutional investors.

Shares of Baker Hughes A GE Co (NYSE:BHI) opened at 57.68 on Friday. Baker Hughes A GE Co has a 12 month low of $43.09 and a 12 month 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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Several research analysts have commented on the stock. Barclays PLC reaffirmed a “buy” rating on shares of Baker Hughes A GE in a research note on Thursday, June 22nd. Jefferies Group LLC decreased their target price on Baker Hughes A GE from $72.00 to $67.00 and set a “hold” rating for the company in a research report on Friday, April 28th. Zacks Investment Research downgraded Baker Hughes A GE from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. BidaskClub upgraded Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Baker Hughes A GE in a research 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 assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price 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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