Flexshopper, Inc. (FPAY) Reaches $3.70 Formed H&S; Arete Wealth Advisors Has Lowered General Electric Co (GE) Holding By $741,096

Arete Wealth Advisors Llc decreased General Electric Co (GE) stake by 53.89% reported in 2017Q3 SEC filing. Arete Wealth Advisors Llc sold 30,879 shares as General Electric Co (GE)’s stock declined 7.64%. The Arete Wealth Advisors Llc holds 26,417 shares with $639,000 value, down from 57,296 last quarter. General Electric Co now has $139.01 billion valuation. The stock decreased 0.87% or $0.14 during the last trading session, reaching $16.03. About 52.82M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 2, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Flexshopper, Inc. (FPAY) formed H&S with $3.52 target or 5.00% below today’s $3.70 share price. Flexshopper, Inc. (FPAY) has $19.58 million valuation. The stock decreased 2.63% or $0.1 during the last trading session, reaching $3.7. About 5,278 shares traded. Flexshopper, Inc. (NASDAQ:FPAY) has declined 39.23% since February 2, 2017 and is downtrending. It has underperformed by 55.93% the S&P500.

Among 28 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 5 Sell and 14 Hold. Therefore 32% are positive. General Electric Company had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) has “Neutral” rating given on Wednesday, April 26 by Bank of America. UBS maintained the stock with “Buy” rating in Friday, October 14 report. The firm has “Hold” rating given on Friday, April 21 by Cowen & Co. The firm has “Neutral” rating by UBS given on Monday, October 23. RBC Capital Markets maintained the shares of GE in report on Friday, September 15 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, January 30. The rating was maintained by Deutsche Bank on Tuesday, August 25 with “Hold”. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Tigress Financial on Thursday, January 4. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Monday, July 17. Morgan Stanley has “Equal-Weight” rating and $27 target. The firm has “Sell” rating by Deutsche Bank given on Friday, May 12.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It dived, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Valicenti Advisory Serv invested in 2.51% or 206,500 shares. Eqis Capital Incorporated reported 35,177 shares. Hancock Holding Com has invested 0.03% in General Electric Company (NYSE:GE). Farr Miller Washington Limited Liability Company Dc owns 102,802 shares for 0.24% of their portfolio. 2.36 million are owned by Connor Clark & Lunn Invest Mngmt Limited. Puzo Michael J reported 0.89% of its portfolio in General Electric Company (NYSE:GE). Family Firm Incorporated stated it has 0.2% of its portfolio in General Electric Company (NYSE:GE). Annex Advisory Services Limited Liability Corp holds 16,165 shares or 0.08% of its portfolio. Qcm Cayman Limited has 1.73% invested in General Electric Company (NYSE:GE). Portfolio Solutions Ltd holds 2,720 shares or 0.01% of its portfolio. Sigma Planning Corp reported 0.48% stake. Signaturefd Limited Liability reported 103,317 shares stake. Moreover, Ledyard Bankshares has 1.16% invested in General Electric Company (NYSE:GE). Capital Inv Of America accumulated 12,625 shares or 0.05% of the stock. Pennsylvania has invested 1.21% of its portfolio in General Electric Company (NYSE:GE).

Arete Wealth Advisors Llc increased New York Cmnty Cap Tr V stake by 6,385 shares to 21,526 valued at $1.10M in 2017Q3. It also upped Powershares Qqq Trust (QQQ) stake by 2,345 shares and now owns 12,830 shares. Berkshire Hathaway Inc Del (BRKB) was raised too.

Since August 8, 2017, it had 3 insider buys, and 1 insider sale for $4.52 million activity. DIMITRIEF ALEXANDER had bought 2,689 shares worth $43,446 on Friday, January 26. Flannery John Leonard also bought $2.66M worth of General Electric Company (NYSE:GE) on Tuesday, August 8. Comstock Elizabeth J sold 24,693 shares worth $633,375. TISCH JAMES S also bought $2.46M worth of General Electric Company (NYSE:GE) on Tuesday, August 22.