Mesirow Monetary Funding Administration Inc. grew its place in shares of GE HealthCare Applied sciences Inc. (NASDAQ:GEHC – Free Report) by 39.6% through the third quarter, in accordance with its most up-to-date submitting with the Securities and Trade Fee (SEC). The agency owned 4,084 shares of the corporate’s inventory after shopping for a further 1,159 shares through the interval. Mesirow Monetary Funding Administration Inc.’s holdings in GE HealthCare Applied sciences have been value $383,000 on the finish of the newest quarter.
A lot of different hedge funds and different institutional buyers additionally just lately modified their holdings of GEHC. Empowered Funds LLC grew its stake in shares of GE HealthCare Applied sciences by 259.9% within the first quarter. Empowered Funds LLC now owns 14,138 shares of the corporate’s inventory valued at $1,285,000 after buying a further 10,210 shares within the final quarter. Sei Investments Co. grew its place in shares of GE HealthCare Applied sciences by 30.6% through the 1st quarter. Sei Investments Co. now owns 279,336 shares of the corporate’s inventory value $25,393,000 after buying a further 65,476 shares within the final quarter. Russell Investments Group Ltd. elevated its holdings in shares of GE HealthCare Applied sciences by 11.3% through the first quarter. Russell Investments Group Ltd. now owns 89,220 shares of the corporate’s inventory value $8,110,000 after buying a further 9,045 shares through the interval. US Bancorp DE raised its place in shares of GE HealthCare Applied sciences by 11.2% within the first quarter. US Bancorp DE now owns 162,996 shares of the corporate’s inventory valued at $14,818,000 after shopping for a further 16,472 shares within the final quarter. Lastly, Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS boosted its stake in shares of GE HealthCare Applied sciences by 8.4% within the first quarter. Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS now owns 92,967 shares of the corporate’s inventory valued at $8,452,000 after shopping for a further 7,232 shares through the interval. Institutional buyers and hedge funds personal 82.06% of the corporate’s inventory.
Insider Transactions at GE HealthCare Applied sciences
In different information, CEO Roland Rott offered 3,577 shares of GE HealthCare Applied sciences inventory in a transaction on Wednesday, November sixth. The shares have been offered at a median worth of $86.48, for a complete worth of $309,338.96. Following the completion of the sale, the chief govt officer now owns 24,298 shares within the firm, valued at $2,101,291.04. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. 0.27% of the inventory is at present owned by company insiders.
GE HealthCare Applied sciences Inventory Efficiency
Shares of GEHC inventory opened at $85.39 on Tuesday. The enterprise’s 50-day shifting common worth is $88.92 and its 200-day shifting common worth is $83.48. GE HealthCare Applied sciences Inc. has a 12 month low of $66.39 and a 12 month excessive of $94.55. The corporate has a present ratio of 1.23, a fast ratio of 0.98 and a debt-to-equity ratio of 1.12. The agency has a market capitalization of $39.01 billion, a price-to-earnings ratio of 23.46, a PEG ratio of three.08 and a beta of 1.24.
GE HealthCare Applied sciences (NASDAQ:GEHC – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, October thirtieth. The corporate reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.08. The agency had income of $4.86 billion through the quarter, in comparison with analysts’ expectations of $4.87 billion. GE HealthCare Applied sciences had a web margin of 8.56% and a return on fairness of 25.19%. The corporate’s income was up .9% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the corporate posted $0.99 EPS. Equities analysis analysts forecast that GE HealthCare Applied sciences Inc. will submit 4.29 EPS for the present 12 months.
GE HealthCare Applied sciences Pronounces Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which shall be paid on Friday, November fifteenth. Buyers of document on Friday, October 18th shall be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized foundation and a dividend yield of 0.14%. The ex-dividend date is Friday, October 18th. GE HealthCare Applied sciences’s dividend payout ratio is at present 3.30%.
Wall Road Analysts Forecast Progress
A number of equities analysts have weighed in on GEHC shares. UBS Group minimize GE HealthCare Applied sciences from a “impartial” ranking to a “promote” ranking and dropped their worth goal for the corporate from $84.00 to $74.00 in a report on Thursday, September twenty sixth. BTIG Analysis raised shares of GE HealthCare Applied sciences from a “impartial” ranking to a “purchase” ranking and set a $100.00 worth goal for the corporate in a analysis report on Wednesday, September 18th. Evercore ISI raised their goal worth on shares of GE HealthCare Applied sciences from $98.00 to $102.00 and gave the corporate an “outperform” ranking in a report on Tuesday, October 1st. Wells Fargo & Firm upped their worth goal on shares of GE HealthCare Applied sciences from $95.00 to $96.00 and gave the inventory an “chubby” ranking in a report on Thursday, October thirty first. Lastly, Stifel Nicolaus boosted their worth goal on shares of GE HealthCare Applied sciences from $100.00 to $102.00 and gave the corporate a “purchase” ranking in a analysis report on Monday, September thirtieth. One equities analysis analyst has rated the inventory with a promote ranking, 5 have given a maintain ranking, eight have issued a purchase ranking and one has given a powerful purchase ranking to the inventory. In response to knowledge from MarketBeat, the inventory presently has a consensus ranking of “Average Purchase” and a median goal worth of $94.36.
Learn Our Newest Inventory Evaluation on GEHC
GE HealthCare Applied sciences Firm Profile
GE HealthCare Applied sciences Inc engages within the improvement, manufacture, and advertising of merchandise, companies, and complementary digital options used within the analysis, therapy, and monitoring of sufferers in the USA, Canada, and internationally. The corporate operates by means of 4 segments: Imaging, Ultrasound, Affected person Care Options, and Pharmaceutical Diagnostics.
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