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Investment firms mixed on GE; stock beats estimates, raises dividend, valued at $218.85B.
Several investment firms adjusted their stakes in General Electric (GE) in the fourth quarter.
Groupama Asset Management sold shares, while Geode Capital Management increased its holdings by 529,457 shares.
GE reported an EPS of $1.32, beating estimates by $0.27, and announced a $0.36 quarterly dividend.
Analysts maintain a "Moderate Buy" rating with a target price of $211.31.
The stock opened at $203.90, with a market cap of $218.85 billion and a price-to-earnings ratio of 34.04.
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Las empresas de inversión se mezclan en GE; las acciones superan las estimaciones, aumentan los dividendos, valorados en 218,85B.