MBA Advisors LLC cut its GE holdings by nearly 38%, but GE's earnings beat estimates, boosting its stock.

MBA Advisors LLC reduced its holdings in General Electric (GE) by 37.1%, selling 4,019 shares. Meanwhile, several other investors increased their stakes. GE reported earnings of $1.32 per share, beating estimates, with a market cap of $220.37 billion and a dividend yield of 0.55%. Analysts have a "Moderate Buy" rating with an average target price of $208.73.

5 weeks ago
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