Employees Retirement System of Texas reduced its holdings in Baker Hughes A GE Co (NYSE:BHI) by 6.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,000 shares of the oilfield services provider’s stock after selling 4,800 shares during the period. Employees Retirement System of Texas’ holdings in Baker Hughes A GE were worth $3,816,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of BHI. Stifel Financial Corp grew its stake in shares of Baker Hughes A GE by 8.5% in the 1st quarter. Stifel Financial Corp now owns 14,317 shares of the oilfield services provider’s stock worth $855,000 after buying an additional 1,118 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Baker Hughes A GE by 1.9% in the 1st quarter. Victory Capital Management Inc. now owns 64,758 shares of the oilfield services provider’s stock worth $3,874,000 after buying an additional 1,217 shares in the last quarter. Neuberger Berman Group LLC grew its stake in shares of Baker Hughes A GE by 26.4% in the 1st quarter. Neuberger Berman Group LLC now owns 49,248 shares of the oilfield services provider’s stock worth $2,946,000 after buying an additional 10,300 shares in the last quarter. AXA grew its stake in shares of Baker Hughes A GE by 26.3% in the 1st quarter. AXA now owns 4,359 shares of the oilfield services provider’s stock worth $260,000 after buying an additional 909 shares in the last quarter. Finally, Credit Agricole S A grew its stake in shares of Baker Hughes A GE by 20.8% in the 1st quarter. Credit Agricole S A now owns 249,527 shares of the oilfield services provider’s stock worth $14,929,000 after buying an additional 43,011 shares in the last quarter. 91.32% of the stock is owned by institutional investors and hedge funds.

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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 stock has a 50 day moving average of $55.90 and a 200 day moving average of $59.83.

A number of brokerages have commented on BHI. Barclays PLC reissued a “buy” rating on shares of Baker Hughes A GE in a research note on Thursday, June 22nd. BidaskClub raised shares of Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Baker Hughes A GE in a research note on Tuesday, July 18th. FBR & Co started coverage on shares of Baker Hughes A GE in a research note on Monday, July 17th. They issued a “mkt perform” rating and a $42.00 price objective for the company. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Baker Hughes A GE in a research note on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $62.61.

Baker Hughes A GE 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.

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

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