Municipal Employees Retirement System of Michigan held its position in Baker Hughes A GE Co (NYSE:BHI) during the second quarter, Holdings Channel reports. The firm owned 13,690 shares of the oilfield services provider’s stock at the end of the second quarter. Municipal Employees Retirement System of Michigan’s holdings in Baker Hughes A GE were worth $746,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. OLD Point Trust & Financial Services N A boosted its position in Baker Hughes A GE by 0.3% in the second quarter. OLD Point Trust & Financial Services N A now owns 56,366 shares of the oilfield services provider’s stock worth $3,072,000 after buying an additional 144 shares during the period. Personal Capital Advisors Corp boosted its position in Baker Hughes A GE by 4.8% in the second quarter. Personal Capital Advisors Corp now owns 515,033 shares of the oilfield services provider’s stock worth $28,074,000 after buying an additional 23,357 shares during the period. Benson Investment Management Company Inc. boosted its position in Baker Hughes A GE by 3.4% in the second quarter. Benson Investment Management Company Inc. now owns 28,025 shares of the oilfield services provider’s stock worth $1,528,000 after buying an additional 920 shares during the period. Huntington National Bank boosted its position in Baker Hughes A GE by 22.3% in the second quarter. Huntington National Bank now owns 8,441 shares of the oilfield services provider’s stock worth $461,000 after buying an additional 1,538 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in Baker Hughes A GE by 3.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 61,619 shares of the oilfield services provider’s stock worth $3,358,000 after buying an additional 1,786 shares during the period. Institutional investors and hedge funds own 91.32% of the company’s stock.

Shares of Baker Hughes A GE Co (NYSE:BHI) opened at 57.68 on Wednesday. The stock’s 50 day moving average is $55.90 and its 200-day moving average is $59.83. Baker Hughes A GE Co has a 52 week low of $43.09 and a 52 week high of $68.59.

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A number of research analysts have weighed in on the stock. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Baker Hughes A GE in a research report on Tuesday, July 18th. Morgan Stanley started coverage on shares of Baker Hughes A GE in a report on Monday, July 17th. They issued an “overweight” rating and a $60.00 price target on the stock. FBR & Co started coverage on shares of Baker Hughes A GE in a report on Monday, July 17th. They issued a “mkt perform” rating and a $42.00 price target on the stock. Jefferies Group LLC restated a “hold” rating and issued a $67.00 price target on shares of Baker Hughes A GE in a report on Thursday, July 6th. Finally, BidaskClub upgraded shares of Baker Hughes A GE from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and thirteen have assigned a buy rating to the stock. Baker Hughes A GE has an average rating of “Hold” and a consensus target price of $62.30.

Baker Hughes A GE Company 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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