Gamco Investors INC. ET AL acquired a new position in shares of Baker Hughes, a GE company Class A (NASDAQ:BHGE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 284,986 shares of the company’s stock, valued at approximately $10,436,000. Gamco Investors INC. ET AL owned 0.07% of Baker Hughes, a GE company Class A as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of BHGE. First Bank & Trust bought a new position in shares of Baker Hughes, a GE company Class A during the 3rd quarter worth about $101,000. Trust Co. of Vermont bought a new position in shares of Baker Hughes, a GE company Class A during the 3rd quarter worth about $105,000. Carroll Financial Associates Inc. bought a new position in shares of Baker Hughes, a GE company Class A during the 3rd quarter worth about $136,000. M&R Capital Management Inc. bought a new position in shares of Baker Hughes, a GE company Class A during the 2nd quarter worth about $141,000. Finally, Alpha Windward LLC bought a new position in shares of Baker Hughes, a GE company Class A during the 3rd quarter worth about $167,000.

BHGE has been the topic of several research reports. Zacks Investment Research downgraded shares of Baker Hughes, a GE company Class A from a “hold” rating to a “sell” rating in a report on Tuesday, September 5th. Morgan Stanley reiterated an “overweight” rating and set a $60.00 target price on shares of Baker Hughes, a GE company Class A in a research report on Monday, July 17th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and set a $37.00 target price on shares of Baker Hughes, a GE company Class A in a research report on Tuesday, July 18th. Scotiabank set a $44.00 target price on shares of Baker Hughes, a GE company Class A and gave the company a “hold” rating in a research report on Saturday, October 21st. Finally, Seaport Global Securities reiterated a “neutral” rating on shares of Baker Hughes, a GE company Class A in a research report on Thursday, July 20th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. Baker Hughes, a GE company Class A presently has a consensus rating of “Hold” and a consensus price target of $40.74.

In other Baker Hughes, a GE company Class A news, insider Matthias L. Heilmann purchased 1,500 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The stock was acquired at an average cost of $30.04 per share, with a total value of $45,060.00. Following the completion of the purchase, the insider now directly owns 3,500 shares in the company, valued at approximately $105,140. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lorenzo Simonelli purchased 6,100 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The shares were acquired at an average cost of $32.99 per share, with a total value of $201,239.00. Following the completion of the purchase, the insider now owns 9,139 shares of the company’s stock, valued at $301,495.61. The disclosure for this purchase can be found here.

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Shares of Baker Hughes, a GE company Class A (NASDAQ:BHGE) opened at $32.95 on Friday. Baker Hughes, a GE company Class A has a 12 month low of $29.62 and a 12 month high of $40.82.

Baker Hughes, a GE company Class A (NASDAQ:BHGE) last posted its quarterly earnings results on Friday, October 20th. The company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.07). The company had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.52 billion. The firm’s quarterly revenue was up 77.7% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Monday, November 6th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.19%. This is an increase from Baker Hughes, a GE company Class A’s previous quarterly dividend of $0.17. The ex-dividend date is Friday, November 3rd.

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

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