Boston Partners lifted its stake in shares of Baker Hughes, a GE company Class A (NYSE:BHGE) by 249.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 217,439 shares of the company’s stock after purchasing an additional 155,211 shares during the quarter. Boston Partners’ holdings in Baker Hughes, a GE company Class A were worth $6,880,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. ValueAct Holdings L.P. acquired a new stake in Baker Hughes, a GE company Class A during the 3rd quarter worth approximately $1,150,154,000. Stonebridge Capital Management Inc. acquired a new stake in Baker Hughes, a GE company Class A during the 3rd quarter worth approximately $594,000. Hexavest Inc. acquired a new stake in Baker Hughes, a GE company Class A during the 4th quarter worth approximately $34,752,000. Edge Wealth Management LLC acquired a new stake in Baker Hughes, a GE company Class A during the 3rd quarter worth approximately $378,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new stake in Baker Hughes, a GE company Class A during the 3rd quarter worth approximately $13,183,000. 89.76% of the stock is currently owned by institutional investors.

Baker Hughes, a GE company Class A (NYSE:BHGE) opened at $26.50 on Friday. The stock has a market cap of $11,770.00 and a P/E ratio of -4.05. Baker Hughes, a GE company Class A has a 1 year low of $25.68 and a 1 year high of $40.82. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.08 and a quick ratio of 1.56.

Baker Hughes, a GE company Class A (NYSE:BHGE) last issued its quarterly earnings results on Wednesday, January 24th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. The firm had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.60 billion. Baker Hughes, a GE company Class A had a negative net margin of 2.79% and a positive return on equity of 0.10%. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. equities research analysts forecast that Baker Hughes, a GE company Class A will post 0.86 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Monday, February 5th will be given a $0.18 dividend. The ex-dividend date is Friday, February 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.72%. Baker Hughes, a GE company Class A’s dividend payout ratio (DPR) is currently -32.98%.

In related news, insider William D. Marsh sold 5,000 shares of the business’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $35.00, for a total transaction of $175,000.00. Following the transaction, the insider now owns 25,190 shares in the company, valued at approximately $881,650. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.66% of the stock is currently owned by insiders.

Several research firms recently commented on BHGE. Cowen set a $55.00 target price on shares of Baker Hughes, a GE company Class A and gave the stock a “buy” rating in a research report on Thursday, January 11th. Zacks Investment Research downgraded shares of Baker Hughes, a GE company Class A from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. B. Riley reiterated a “neutral” rating on shares of Baker Hughes, a GE company Class A in a research report on Friday, November 3rd. UBS Group began coverage on shares of Baker Hughes, a GE company Class A in a research report on Thursday, October 19th. They set a “neutral” rating and a $36.00 target price on the stock. Finally, Piper Jaffray Companies reiterated a “neutral” rating on shares of Baker Hughes, a GE company Class A in a research report on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $38.26.

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Baker Hughes, a GE company Class A Profile

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. The company offers upstream services, including evaluation, drilling, production, and completion; midstream services comprising equipment and services for LNG, and pipeline and storage; and chemical, mechanical, digital, and service solutions for refinery and petrochemical operations.

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Institutional Ownership by Quarter for Baker Hughes, a GE company Class A (NYSE:BHGE)

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