General Cable Corp. (BGC) Holding Has Increased by Gardner Lewis Asset Management L P

June 14, 2018 - By Ash

General Cable Corporation (NYSE:BGC) LogoInvestors sentiment increased to 1.03 in Q1 2018. Its up 0.01, from 1.02 in 2017Q4. It increased, as 31 investors sold BGC shares while 40 reduced holdings. 22 funds opened positions while 51 raised stakes. 51.03 million shares or 8.92% more from 46.85 million shares in 2017Q4 were reported. Profund Advsr Llc invested 0.01% in General Cable Corporation (NYSE:BGC). Texas Permanent School Fund has 0.01% invested in General Cable Corporation (NYSE:BGC) for 33,513 shares. California State Teachers Retirement Sys has 0% invested in General Cable Corporation (NYSE:BGC). Geode Capital Lc has invested 0% in General Cable Corporation (NYSE:BGC). Moreover, Old Mutual Customised Solutions (Proprietary) has 0.01% invested in General Cable Corporation (NYSE:BGC). State Of Tennessee Treasury Department invested in 0.01% or 35,182 shares. Alliancebernstein Limited Partnership invested in 1.02M shares or 0.02% of the stock. Credit Suisse Ag accumulated 0.02% or 682,098 shares. Moreover, Bancorp Of Ny Mellon Corporation has 0.01% invested in General Cable Corporation (NYSE:BGC). Guggenheim Cap Limited Liability Company stated it has 0% of its portfolio in General Cable Corporation (NYSE:BGC). Tokio Marine Asset has 0.54% invested in General Cable Corporation (NYSE:BGC) for 104,257 shares. Gabelli & Advisers Inc stated it has 380,660 shares. Virtu Limited Liability Corporation accumulated 0.06% or 35,367 shares. Nuance Investments Ltd Co has invested 1.14% in General Cable Corporation (NYSE:BGC). Cordasco Fincl Networks reported 0.24% stake.

Gardner Lewis Asset Management LP increased its stake in General Cable Corp. (BGC) by 187.44% based on its latest 2018Q1 regulatory filing with the SEC. Gardner Lewis Asset Management LP bought 1.97M shares as the company’s stock declined 0.33% with the market. The institutional investor held 3.01M shares of the telecommunications equipment company at the end of 2018Q1, valued at $89.22 million, up from 1.05M at the end of the previous reported quarter. Gardner Lewis Asset Management LP who had been investing in General Cable Corp. for a number of months, seems to be bullish on the $1.52B market cap company. The stock decreased 0.17% or $0.05 during the last trading session, reaching $30. About 1.36M shares traded or 23.79% up from the average. General Cable Corporation (NYSE:BGC) has risen 76.85% since June 14, 2017 and is uptrending. It has outperformed by 64.28% the S&P500.

More news for General Cable Corporation (NYSE:BGC) were recently published by: Seekingalpha.com, which released: “With Monsanto deal near, Netflix to S&P 100; Twitter to S&P 500 (updated)” on June 04, 2018. Seekingalpha.com‘s article titled: “General Cable responds to alleged investigation” and published on May 23, 2018 is yet another important article.

General Cable Corporation (NYSE:BGC) Institutional Positions Chart

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