$0.09 EPS Expected for KCAP Financial (KCAP); Jump Trading Lowered Its General Electric Co (Call) (GE) Holding

July 17, 2017 - By Adrian Mccoy

Jump Trading Llc decreased General Electric Co (Call) (GE) stake by 87.1% reported in 2016Q4 SEC filing. Jump Trading Llc sold 51,300 shares as General Electric Co (Call) (GE)’s stock declined 7.64%. The Jump Trading Llc holds 7,600 shares with $240,000 value, down from 58,900 last quarter. General Electric Co (Call) now has $232.73 billion valuation. The stock rose 0.11% or $0.03 reaching $26.81. About 11.41M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since July 17, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Analysts expect KCAP Financial Inc (NASDAQ:KCAP) to report $0.09 EPS on August, 2.They anticipate $0.05 EPS change or 35.71% from last quarter’s $0.14 EPS. KCAP’s profit would be $3.42M giving it 9.44 P/E if the $0.09 EPS is correct. After having $0.09 EPS previously, KCAP Financial Inc’s analysts see 0.00% EPS growth. About 53,553 shares traded. KCAP Financial Inc (NASDAQ:KCAP) has risen 4.78% since July 17, 2016 and is uptrending. It has underperformed by 11.92% the S&P500.

KCAP Financial, Inc. is an internally managed, non-diversified closed-end investment company. The company has market cap of $129.18 million. The Firm has approximately three principal areas of investments. It has a 20.75 P/E ratio. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies .

Among 4 analysts covering KCAP Financial (NASDAQ:KCAP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. KCAP Financial had 4 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wood given on Monday, August 17. The stock has “Neutral” rating by Janney Capital on Wednesday, April 27.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 0.07, from 0.89 in 2016Q3. It turned negative, as 68 investors sold GE shares while 818 reduced holdings. 116 funds opened positions while 609 raised stakes. 4.64 billion shares or 0.15% more from 4.63 billion shares in 2016Q3 were reported. L S Advsrs owns 131,513 shares. Spot Trading Ltd Com holds 0.05% of its portfolio in General Electric Company (NYSE:GE) for 66,863 shares. Blume Capital Mngmt stated it has 3.28% in General Electric Company (NYSE:GE). Hermes Investment Mngmt Limited stated it has 1.19% of its portfolio in General Electric Company (NYSE:GE). Affinity Investment Limited Liability Company holds 1.7% or 570,236 shares. Stanley stated it has 0.52% in General Electric Company (NYSE:GE). Bowling Port Management Lc has invested 0.77% of its portfolio in General Electric Company (NYSE:GE). Kcm Advsr Limited Liability Corporation stated it has 778,798 shares or 1.66% of all its holdings. Linscomb Williams invested 0.81% of its portfolio in General Electric Company (NYSE:GE). Macquarie Gp Incorporated holds 753,346 shares or 0.05% of its portfolio. Thompson Siegel And Walmsley Ltd Liability Com holds 447,568 shares or 0.19% of its portfolio. Hbk Sorce Advisory Ltd Co holds 0.86% or 151,238 shares in its portfolio. Dnb Asset As has 0% invested in General Electric Company (NYSE:GE). M&T Bancshares reported 1.64% of its portfolio in General Electric Company (NYSE:GE). Godsey & Gibb Assoc holds 2.83% of its portfolio in General Electric Company (NYSE:GE) for 483,409 shares.

Among 22 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 3 Sell and 8 Hold. Therefore 50% are positive. General Electric Company had 49 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by William Blair on Tuesday, October 13. The rating was maintained by Cowen & Co with “Hold” on Monday, June 12. The firm earned “Neutral” rating on Wednesday, April 26 by Bank of America. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, June 13 report. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Monday, October 19 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Wednesday, October 14 with “Buy”. As per Wednesday, April 12, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Stifel Nicolaus on Friday, July 7. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, November 30 report. Deutsche Bank downgraded General Electric Company (NYSE:GE) on Friday, May 12 to “Sell” rating.

Since January 23, 2017, it had 5 insider purchases, and 1 insider sale for $1.20 million activity. $4.72 million worth of General Electric Company (NYSE:GE) was sold by Joyce David Leon on Friday, February 3. DIMITRIEF ALEXANDER had bought 231 shares worth $7,046. Beattie William G also bought $448,800 worth of General Electric Company (NYSE:GE) on Monday, May 15. Bornstein Jeffrey S bought $148,150 worth of stock or 5,000 shares. IMMELT JEFFREY R bought 100,000 shares worth $2.81 million.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 21 before the open. They expect $0.25 EPS, down 50.98% or $0.26 from last year’s $0.51 per share. GE’s profit will be $2.17 billion for 26.81 P/E if the $0.25 EPS becomes a reality. After $0.21 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

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