Baker Hughes, a GE company Class A (NASDAQ:BHGE) insider Matthias L. Heilmann purchased 1,500 shares of the stock in a transaction on Thursday, October 26th. The shares were acquired at an average cost of $30.04 per share, for a total transaction of $45,060.00. Following the transaction, the insider now owns 3,500 shares of the company’s stock, valued at $105,140. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Baker Hughes, a GE company Class A (BHGE) traded down $0.49 during trading on Friday, hitting $31.18. The stock had a trading volume of 4,534,328 shares.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Monday, November 6th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, November 3rd. This represents a $0.72 dividend on an annualized basis and a yield of 2.31%. This is an increase from Baker Hughes, a GE company Class A’s previous quarterly dividend of $0.17.

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A number of brokerages have weighed in on BHGE. Jefferies Group LLC reissued a “hold” rating and set a $40.00 price target on shares of Baker Hughes, a GE company Class A in a research report on Sunday, September 10th. Barclays PLC set a $43.00 price target on Baker Hughes, a GE company Class A and gave the stock an “overweight” rating in a research report on Friday, September 29th. Royal Bank Of Canada set a $44.00 price target on Baker Hughes, a GE company Class A and gave the stock a “buy” rating in a research report on Saturday, October 7th. Susquehanna Bancshares Inc reissued a “neutral” rating and set a $38.00 price target (down previously from $42.00) on shares of Baker Hughes, a GE company Class A in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co lowered their price target on Baker Hughes, a GE company Class A from $32.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, September 21st. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the stock. Baker Hughes, a GE company Class A has a consensus rating of “Hold” and a consensus price target of $40.74.

A number of large investors have recently modified their holdings of the stock. First Bank & Trust acquired a new stake in Baker Hughes, a GE company Class A during the third quarter worth approximately $101,000. Trust Co. of Vermont acquired a new stake in Baker Hughes, a GE company Class A during the third quarter worth approximately $105,000. Carroll Financial Associates Inc. acquired a new stake in Baker Hughes, a GE company Class A during the third quarter worth approximately $136,000. M&R Capital Management Inc. acquired a new stake in Baker Hughes, a GE company Class A during the second quarter worth approximately $141,000. Finally, Fairpointe Capital LLC acquired a new stake in Baker Hughes, a GE company Class A during the second quarter worth approximately $229,000.

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