Baker Hughes, a GE company Class A (NASDAQ:BHGE) insider Matthias L. Heilmann acquired 1,500 shares of Baker Hughes, a GE company Class A stock in a transaction on Thursday, October 26th. The stock was purchased at an average cost of $30.04 per share, for a total transaction of $45,060.00. Following the purchase, the insider now owns 3,500 shares in the company, valued at $105,140. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Baker Hughes, a GE company Class A (NASDAQ:BHGE) last posted its quarterly earnings results on Friday, October 20th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.07). The company had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.52 billion. The firm’s revenue was up 77.7% on a year-over-year basis.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Monday, November 6th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Friday, November 3rd. This is a boost from Baker Hughes, a GE company Class A’s previous quarterly dividend of $0.17.

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A number of analysts have issued reports on the company. Jefferies Group LLC reaffirmed a “hold” rating and issued a $40.00 price objective on shares of Baker Hughes, a GE company Class A in a research note on Sunday, September 10th. Barclays PLC set a $43.00 price objective on Baker Hughes, a GE company Class A and gave the stock an “overweight” rating in a research note on Friday, September 29th. Royal Bank Of Canada set a $44.00 price objective on Baker Hughes, a GE company Class A and gave the stock a “buy” rating in a research note on Saturday, October 7th. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $38.00 price objective (down previously from $42.00) on shares of Baker Hughes, a GE company Class A in a research note on Monday, October 2nd. Finally, J P Morgan Chase & Co reduced their price objective on Baker Hughes, a GE company Class A from $32.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday, September 21st. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. Baker Hughes, a GE company Class A presently has a consensus rating of “Hold” and a consensus target price of $40.74.

Several large investors have recently bought and sold shares of BHGE. New Mexico Educational Retirement Board acquired a new stake in shares of Baker Hughes, a GE company Class A in the second quarter valued at approximately $1,461,000. South Dakota Investment Council acquired a new stake in Baker Hughes, a GE company Class A during the second quarter worth $4,610,000. Tudor Investment Corp ET AL acquired a new stake in Baker Hughes, a GE company Class A during the second quarter worth $959,000. FTB Advisors Inc. acquired a new stake in Baker Hughes, a GE company Class A during the second quarter worth $442,000. Finally, Fairpointe Capital LLC acquired a new stake in Baker Hughes, a GE company Class A during the second quarter worth $229,000.

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