As Altria Group (MO) Stock Price Declined, Rbo & Co Has Lifted Stake; Boeing Co (BA) Shareholder Cacti Asset Management Cut Its Stake as Share Price Rose

February 22, 2018 - By Matt Maslow

Cacti Asset Management Llc decreased its stake in Boeing Co (BA) by 2.53% based on its latest 2017Q3 regulatory filing with the SEC. Cacti Asset Management Llc sold 6,670 shares as the company’s stock rose 4.66% with the market. The institutional investor held 257,135 shares of the aerospace company at the end of 2017Q3, valued at $65.37 million, down from 263,805 at the end of the previous reported quarter. Cacti Asset Management Llc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $209.64 billion market cap company. The stock increased 1.10% or $3.86 during the last trading session, reaching $356.23. About 1.65 million shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since February 22, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Rbo & Co Llc increased its stake in Altria Group Inc (MO) by 3.69% based on its latest 2017Q3 regulatory filing with the SEC. Rbo & Co Llc bought 9,130 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 256,377 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $16.26 million, up from 247,247 at the end of the previous reported quarter. Rbo & Co Llc who had been investing in Altria Group Inc for a number of months, seems to be bullish on the $122.48 billion market cap company. The stock increased 0.77% or $0.49 during the last trading session, reaching $64.42. About 2.14 million shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since February 22, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.




Among 19 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Altria Group Inc. had 59 analyst reports since July 31, 2015 according to SRatingsIntel. As per Wednesday, September 2, the company rating was upgraded by Vetr. Piper Jaffray maintained Altria Group, Inc. (NYSE:MO) rating on Thursday, July 27. Piper Jaffray has “Buy” rating and $7600 target. The firm has “Buy” rating given on Tuesday, December 19 by Berenberg. The rating was maintained by Jefferies on Monday, June 5 with “Hold”. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, October 3 report. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Hold”. The firm has “Neutral” rating given on Friday, October 27 by UBS. Piper Jaffray maintained Altria Group, Inc. (NYSE:MO) on Thursday, September 14 with “Buy” rating. As per Friday, February 26, the company rating was initiated by UBS. The firm has “Buy” rating by Wells Fargo given on Thursday, January 4.

Since September 21, 2017, it had 0 insider purchases, and 3 insider sales for $3.37 million activity. $995,734 worth of Altria Group, Inc. (NYSE:MO) was sold by Johnson Craig A. on Wednesday, February 7. Dillard James E III also sold $410,313 worth of Altria Group, Inc. (NYSE:MO) on Friday, February 9.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. It dropped, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. Delta Mgmt Limited Liability Com invested in 45,965 shares. Acadian Asset Ltd Liability Corp invested 0.46% of its portfolio in Altria Group, Inc. (NYSE:MO). Macnealy Hoover Mngmt owns 4,023 shares. Connor Clark & Lunn Invest Mngmt has invested 0.03% in Altria Group, Inc. (NYSE:MO). Dixon Hubard Feinour & Brown Inc Va, Virginia-based fund reported 20,574 shares. Advisors Mngmt Limited Liability Co has 193,840 shares. The Indiana-based Woodley Farra Manion Port Mngmt has invested 0.39% in Altria Group, Inc. (NYSE:MO). Annex Advisory Service Ltd Liability has invested 0.05% in Altria Group, Inc. (NYSE:MO). Mathes Com has 0.1% invested in Altria Group, Inc. (NYSE:MO). Ww Asset Management Inc stated it has 0.38% in Altria Group, Inc. (NYSE:MO). New England Rech Management Incorporated holds 0.32% or 6,964 shares in its portfolio. Maryland-based Spc Financial Incorporated has invested 0.17% in Altria Group, Inc. (NYSE:MO). Schwab Charles Management owns 0.52% invested in Altria Group, Inc. (NYSE:MO) for 9.37 million shares. Koshinski Asset Mgmt Inc holds 0.09% or 4,172 shares in its portfolio. Ontario – Canada-based Sun Life Fincl has invested 0.12% in Altria Group, Inc. (NYSE:MO).

Rbo & Co Llc, which manages about $284.00M and $383.90 million US Long portfolio, decreased its stake in Heineken Hldg by 7,773 shares to 132,515 shares, valued at $12.46 million in 2017Q3, according to the filing.

Since February 8, 2018, it had 0 buys, and 1 insider sale for $12.17 million activity.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It is negative, as 50 investors sold BA shares while 609 reduced holdings. 165 funds opened positions while 367 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Pathstone Family Office Lc has 0.53% invested in The Boeing Company (NYSE:BA). Archford Strategies Ltd Com reported 9,182 shares. Reynders Mcveigh Cap Mngmt Ltd Liability reported 4,282 shares. Invsts Asset Mngmt Of Georgia Ga Adv accumulated 1.61% or 8,581 shares. Moreover, Assetmark Inc has 0.3% invested in The Boeing Company (NYSE:BA) for 104,783 shares. Marietta Inv Prtn Limited Liability has 3,850 shares. Cap Guardian Trust Co has 0.06% invested in The Boeing Company (NYSE:BA) for 13,534 shares. Haverford reported 0.04% of its portfolio in The Boeing Company (NYSE:BA). West Oak Cap Ltd holds 2,189 shares or 0.33% of its portfolio. Bollard Group Limited Liability Company, Massachusetts-based fund reported 129,283 shares. 5,450 are held by New England Research Management. 2,490 are owned by Cambridge Advsr. Holt Limited Liability Co Dba Holt Prtn LP invested in 1,300 shares or 0.11% of the stock. First Commonwealth Pa invested in 7,206 shares. Kings Point Cap Mgmt holds 49,930 shares.

Analysts await The Boeing Company (NYSE:BA) to report earnings on April, 25. They expect $2.73 EPS, up 35.82% or $0.72 from last year’s $2.01 per share. BA’s profit will be $1.61B for 32.62 P/E if the $2.73 EPS becomes a reality. After $4.80 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -43.13% negative EPS growth.

Cacti Asset Management Llc, which manages about $925.34 million and $1.18 billion US Long portfolio, upped its stake in Chubb Ltd by 26,797 shares to 324,908 shares, valued at $46.11M in 2017Q3, according to the filing. It also increased its holding in Disney Walt Co (NYSE:DIS) by 55,650 shares in the quarter, for a total of 461,408 shares, and has risen its stake in Procter & Gamble Co (NYSE:PG).

Among 25 analysts covering Boeing (NYSE:BA), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Boeing had 103 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $363.0 target in Tuesday, January 23 report. The firm has “Underperform” rating given on Wednesday, April 20 by Bank of America. The firm has “Hold” rating given on Friday, April 28 by Credit Suisse. Cowen & Co maintained the shares of BA in report on Thursday, September 17 with “Outperform” rating. Bank of America maintained the stock with “Buy” rating in Thursday, February 1 report. The rating was downgraded by Wells Fargo on Friday, December 18 to “Market Perform”. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Monday, January 8 by Melius Research. The stock has “Buy” rating by Deutsche Bank on Thursday, September 14. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, January 28. The firm earned “Buy” rating on Friday, September 22 by Jefferies.

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