American National Bank Position in Boeing Co Com (BA) Has Trimmed as Market Value Declined; Boeing Co (BA) Stock Value Declined While Community Financial Services Group Cut Its Holding by $1.95 Million

June 20, 2018 - By reb123z

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Community Financial Services Group Llc decreased its stake in Boeing Co (BA) by 15.39% based on its latest 2018Q1 regulatory filing with the SEC. Community Financial Services Group Llc sold 5,959 shares as the company’s stock declined 0.93% with the market. The institutional investor held 32,771 shares of the aerospace company at the end of 2018Q1, valued at $10.75M, down from 38,730 at the end of the previous reported quarter. Community Financial Services Group Llc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $198.73B market cap company. The stock decreased 3.84% or $13.62 during the last trading session, reaching $341.12. About 6.86M shares traded or 52.62% up from the average. The Boeing Company (NYSE:BA) has risen 92.49% since June 20, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 14/03/2018 – Moody’s rates British Airways’ 2018-1 EETC, Aa2 to Class AA, A3 to Class A; 01/05/2018 – KLX Agrees to Sell Its ASG Business to Boeing in an All Cash Transaction and to Spin-Off Its ESG Business to KLX Shareholders; 05/03/2018 – Boeing ruled out reviving its dormant 767 passenger plane; 23/05/2018 – XIAMEN AIRLINES TAKES DELIVERY OF ITS FIRST BOEING 737 MAX, EXPANDING FLEET TO 200 AIRPLANES; 18/05/2018 – ♫ Reuters Insider – Plane with 104 on board crashes in Cuba; 15/05/2018 – Impala Adds Boeing, Exits Deere, Cuts Harley-Davidson: 13F; 13/03/2018 – Goldman Sachs and Boeing have been responsible for all but a few points in the Dow gains this year; 22/03/2018 – Aviation Capital Group Takes Delivery of its Second Boeing 787 Dreamliner; 25/04/2018 – ANALYSIS-U.S. Treasury yield curve flattening to intensify with U.S. pension plan bond-buying; 08/05/2018 – U.S. TREASURY SAYS AFTER 180-DAY PERIOD U.S. WILL REIMPOSE SANCTIONS ON PETROLEUM-RELATED TRANSACTIONS




American National Bank decreased its stake in Boeing Co Com (BA) by 12.51% based on its latest 2018Q1 regulatory filing with the SEC. American National Bank sold 2,606 shares as the company’s stock declined 0.93% with the market. The institutional investor held 18,233 shares of the aerospace company at the end of 2018Q1, valued at $5.98 million, down from 20,839 at the end of the previous reported quarter. American National Bank who had been investing in Boeing Co Com for a number of months, seems to be less bullish one the $198.73B market cap company. The stock decreased 3.84% or $13.62 during the last trading session, reaching $341.12. About 6.86 million shares traded or 52.62% up from the average. The Boeing Company (NYSE:BA) has risen 92.49% since June 20, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 08/03/2018 – CORRECTED-CEO SAYS EMBRAER HOPES TO MOVE FORWARD ON KC-390 DEAL SIGNED WITH SKYTECH IN SINGAPORE (NOT WITH SINGAPORE) BY THE END OF THIS YEAR; 09/05/2018 – Boeing CEO Downplays Impact of Trump Canceling Iran Licenses; 23/03/2018 – Boeing, All Nippon Airways Finalize Order for Two 777 Freighters; 25/04/2018 – BOEING CEO HOPES FOR POSITIVE OUTCOME FROM DISCUSSIONS BETWEEN U.S. AND CHINA; 04/04/2018 – Boeing CDS Widens 6 Bps, Most in 2 Years; 10/05/2018 – AL SEES WAVE OF BOEING 777, AIRBUS A380 RETIREMENTS FOR 2021-23; 14/03/2018 – Dow drops 300 points led by Boeing on fears of a China trade war; 11/04/2018 – Boeing HorizonX Invests in Reaction Engines, a UK Hypersonic Propulsion Co; 03/04/2018 – Boeing, Air Lease Corp Sign Order for Eight 737 MAX Airplanes; 09/05/2018 – BOEING CEO: AEROSPACE IS STRONGEST OF BIG INDUSTRIAL MKTS

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Boeing Books $7.8 Billion Worth Of Orders” on May 29, 2018, also Seekingalpha.com with their article: “Profits On The Horizon For Boeing” published on June 05, 2018, Seekingalpha.com published: “Boeing Optimizes Defense Products” on June 15, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “The Market Needs A Glum Index – Cramer’s Mad Money (6/18/18)” published on June 19, 2018 as well as Benzinga.com‘s news article titled: “Pressure Mounts: President Doubles Down On Tariff Threat To China” with publication date: June 19, 2018.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.41 earnings per share, up 33.73% or $0.86 from last year’s $2.55 per share. BA’s profit will be $1.99 billion for 25.01 P/E if the $3.41 EPS becomes a reality. After $3.64 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -6.32% negative EPS growth.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It dived, as 60 investors sold BA shares while 691 reduced holdings. 128 funds opened positions while 368 raised stakes. 360.90 million shares or 3.37% less from 373.50 million shares in 2017Q4 were reported. Kidder Stephen W reported 1,160 shares. Sei Invests stated it has 54,947 shares. Iat Reinsurance Limited accumulated 27,400 shares. Axa invested 0.41% in The Boeing Company (NYSE:BA). 39,507 are held by Oppenheimer Asset Mgmt. Hartford Invest holds 111,119 shares. Cape Cod Five Cents Bancorp has invested 0.45% in The Boeing Company (NYSE:BA). Tarbox Family Office Incorporated stated it has 0.17% in The Boeing Company (NYSE:BA). Novare Limited Liability Corp reported 0.06% of its portfolio in The Boeing Company (NYSE:BA). Deutsche National Bank Ag holds 0.76% or 3.58M shares. Wills Fincl Group reported 2.19% in The Boeing Company (NYSE:BA). 731 are owned by First State Bank Sioux Falls. Wealthtrust Axiom Ltd Co holds 0.42% or 3,503 shares in its portfolio. Boston Advsrs Lc has 0.42% invested in The Boeing Company (NYSE:BA) for 50,108 shares. Fairview Cap Inv Management Llc stated it has 1,150 shares.

Since February 8, 2018, it had 0 insider purchases, and 6 insider sales for $18.83 million activity. 9,000 shares were sold by LUTTIG J MICHAEL, worth $3.10M on Wednesday, May 9. The insider Verbeck Robert E sold $948,261. On Monday, May 7 Hyslop Gregory L sold $762,543 worth of The Boeing Company (NYSE:BA) or 2,241 shares. Another trade for 36,079 shares valued at $12.17M was sold by Smith Gregory D. $373,379 worth of The Boeing Company (NYSE:BA) was sold by CAPOZZI HEIDI B.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing has $470.0 highest and $125 lowest target. $347.18’s average target is 1.78% above currents $341.12 stock price. Boeing had 118 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Wednesday, January 31 report. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, March 13. The firm earned “Buy” rating on Wednesday, January 3 by Seaport Global. Credit Suisse upgraded the stock to “Outperform” rating in Thursday, July 27 report. Cowen & Co maintained the shares of BA in report on Thursday, September 17 with “Outperform” rating. RBC Capital Markets maintained The Boeing Company (NYSE:BA) rating on Tuesday, January 23. RBC Capital Markets has “Hold” rating and $363.0 target. The company was downgraded on Monday, February 13 by Buckingham Research. The firm has “Buy” rating given on Wednesday, September 6 by Cowen & Co. Bernstein maintained The Boeing Company (NYSE:BA) rating on Wednesday, September 20. Bernstein has “Buy” rating and $303.0 target. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, April 25.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It dropped, as 60 investors sold BA shares while 691 reduced holdings. 128 funds opened positions while 368 raised stakes. 360.90 million shares or 3.37% less from 373.50 million shares in 2017Q4 were reported. Illinois-based Great Lakes Advsr Limited Liability Co has invested 0.47% in The Boeing Company (NYSE:BA). Davenport & Limited Liability has invested 0% in The Boeing Company (NYSE:BA). Moreover, Summit Asset Lc has 0.12% invested in The Boeing Company (NYSE:BA) for 739 shares. Hap Trading Limited Liability Corp reported 0.19% of its portfolio in The Boeing Company (NYSE:BA). Raymond James And Assoc reported 0.29% stake. Asset has invested 0.55% of its portfolio in The Boeing Company (NYSE:BA). Bailard stated it has 0.04% in The Boeing Company (NYSE:BA). Wespac Advsrs Ltd Co holds 2,049 shares or 0.41% of its portfolio. Pacific Glob Mgmt Com holds 0.73% or 9,908 shares in its portfolio. 8,009 are held by Aureus Asset Ltd Co. Stanley stated it has 0.51% of its portfolio in The Boeing Company (NYSE:BA). Modera Wealth Mgmt Llc, Massachusetts-based fund reported 2,486 shares. Rothschild Corporation Il holds 45,803 shares. Reynders Mcveigh Management Limited Liability Co reported 1,319 shares. 2,624 are owned by Hgk Asset Management.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing has $470.0 highest and $125 lowest target. $347.18’s average target is 1.78% above currents $341.12 stock price. Boeing had 118 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Friday, April 28 by Credit Suisse. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, November 15. Robert W. Baird maintained the shares of BA in report on Thursday, July 27 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Wednesday, September 6. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Monday, August 28 by Jefferies. The firm has “Buy” rating given on Wednesday, September 20 by Bernstein. The stock has “Buy” rating by Jefferies on Monday, October 23. The company was maintained on Tuesday, December 12 by Bank of America. The firm earned “Buy” rating on Tuesday, January 16 by Robert W. Baird. The company was maintained on Thursday, October 6 by Barclays Capital.

More notable recent The Boeing Company (NYSE:BA) news were published by: Benzinga.com which released: “Pressure Mounts: President Doubles Down On Tariff Threat To China” on June 19, 2018, also Seekingalpha.com with their article: “Rolls-Royce problems delay 787 engine fix” published on June 13, 2018, Seekingalpha.com published: “797 Announcement Will Increase Boeing Stock Price” on June 18, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “$6 Billion Order Loss For Boeing?” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “China Eastern calls for bids to supply 150 single-aisle jetliners” with publication date: June 19, 2018.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.41 earnings per share, up 33.73% or $0.86 from last year’s $2.55 per share. BA’s profit will be $1.99 billion for 25.01 P/E if the $3.41 EPS becomes a reality. After $3.64 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -6.32% negative EPS growth.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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