As Boeing Co (BA) Share Value Declined, Hudson Valley Investment Advisors Has Cut Holding by $435,891; Alley Company Lowered Its Holding in Blackrock (BLK) by $464,178

June 18, 2018 - By reb123z

BlackRock, Inc. (NYSE:BLK) Logo

Alley Company Llc decreased its stake in Blackrock Inc (BLK) by 5.54% based on its latest 2018Q1 regulatory filing with the SEC. Alley Company Llc sold 858 shares as the company’s stock declined 4.32% with the market. The institutional investor held 14,640 shares of the finance company at the end of 2018Q1, valued at $7.93M, down from 15,498 at the end of the previous reported quarter. Alley Company Llc who had been investing in Blackrock Inc for a number of months, seems to be less bullish one the $84.54B market cap company. The stock increased 0.02% or $0.11 during the last trading session, reaching $524.63. About 187,863 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 32.79% since June 18, 2017 and is uptrending. It has outperformed by 20.22% the S&P500. Some Historical BLK News: 21/03/2018 – BLACKROCK’S RICK RIEDER SAYS CONSENSUS NOW MOVED TO FOUR RATE HIKES THIS YEAR; 09/05/2018 – Blackrock Japan Adds Aptiv, Exits Barrick Gold: 13F; 12/04/2018 – ? BlackRock figures helped by […]; 16/03/2018 – Aviva shareholders riled by chief’s BlackRock board role; 04/04/2018 – BlackRock Emerging Europe Plc: Statement re Submission of documents; 07/03/2018 – BlackRock North American Income Trust Plc: Holding(s) in Company; 12/04/2018 – BLACKROCK’S LARRY FINK COMMENTS ON CNBC; 05/03/2018 – BLACKROCK LIFTS ARKEMA STAKE TO 10.04%: AMF; 26/04/2018 – MOODY’S AFFIRMS RATINGS OF EIGHT BLACKROCK CLOSED-END FUNDS; 06/04/2018 – BlackRock Sees a ‘Regime Change’ in Markets (Video)




Hudson Valley Investment Advisors Inc decreased its stake in Boeing Co (BA) by 4.57% based on its latest 2018Q1 regulatory filing with the SEC. Hudson Valley Investment Advisors Inc sold 1,333 shares as the company’s stock declined 0.93% with the market. The institutional investor held 27,838 shares of the aerospace company at the end of 2018Q1, valued at $9.13 million, down from 29,171 at the end of the previous reported quarter. Hudson Valley Investment Advisors Inc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $206.79B market cap company. The stock decreased 0.82% or $2.922 during the last trading session, reaching $354.958. About 1.78 million shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since June 18, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 26/03/2018 – AWS and Boeing Executives to Keynote Alfresco Day New York 2018; 15/05/2018 – Corruption Currents: U.S. Will Pursue EU Sanctions After WTO Rules for Boeing; 04/04/2018 – EMBRAER CEO: NOT SURE DEAL W/ BOEING WILL BE CLOSED IN 1H18; 30/05/2018 – Agylstor™, a High Density Computational Storage Leader, Announces Investment From Boeing HorizonX Ventures; 03/04/2018 – JET AIRWAYS AGREES TO BUY 75 BOEING 737 MAX PLANES; 11/04/2018 – Boeing joins $37 million investment in British rocket firm Reaction Engines; 13/03/2018 – DELTA CEO:BOEING INTERESTED IN US BEING INVOLVED IN JET DESIGN; 22/03/2018 – Dow Jones Industrial Average Falls 2.6%; Boeing Leads Decline; 08/03/2018 – flydubai Selects AstroNova’s ToughWriter® 5 Flight Deck Printer for 75 Boeing 737 MAXs; 30/04/2018 – BOEING FOCUSED ON ORGANIC GROWTH, COMPLEMENTED BY STRATEGIC M&A

Among 18 analysts covering BlackRock (NYSE:BLK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. BlackRock had 89 analyst reports since August 26, 2015 according to SRatingsIntel. On Thursday, October 12 the stock rating was maintained by Credit Suisse with “Buy”. The firm has “Outperform” rating by Credit Suisse given on Friday, August 11. Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK) on Thursday, June 16 with “Buy” rating. As per Thursday, April 13, the company rating was upgraded by Jefferies. The firm has “Hold” rating given on Wednesday, January 10 by Jefferies. Jefferies maintained the shares of BLK in report on Thursday, August 17 with “Hold” rating. Deutsche Bank maintained the shares of BLK in report on Friday, July 15 with “Buy” rating. Argus Research maintained BlackRock, Inc. (NYSE:BLK) on Friday, January 15 with “Buy” rating. The stock of BlackRock, Inc. (NYSE:BLK) earned “Buy” rating by UBS on Thursday, October 12. The rating was maintained by Wood with “Market Perform” on Friday, October 14.

Alley Company Llc, which manages about $325.81 million and $291.43 million US Long portfolio, upped its stake in Ishares Nat’l Amt (MUB) by 5,160 shares to 55,812 shares, valued at $6.08 million in 2018Q1, according to the filing. It also increased its holding in Abbvie Inc (NYSE:ABBV) by 43,884 shares in the quarter, for a total of 84,970 shares, and has risen its stake in Vanguard Total Bond Mkt Etf (BND).

Investors sentiment decreased to 0.99 in Q1 2018. Its down 0.20, from 1.19 in 2017Q4. It is negative, as 51 investors sold BLK shares while 357 reduced holdings. 99 funds opened positions while 306 raised stakes. 129.75 million shares or 0.11% more from 129.61 million shares in 2017Q4 were reported. Tiverton Asset Mngmt Ltd Liability has 351 shares for 0.01% of their portfolio. Cullen Frost Bankers Incorporated reported 62,026 shares. Moreover, Mutual Insur Federation Of Agricultural Cooperatives has 0.07% invested in BlackRock, Inc. (NYSE:BLK) for 7,650 shares. Credit Suisse Ag, Switzerland-based fund reported 300,409 shares. Arizona State Retirement reported 34,876 shares stake. Mackenzie has 0.14% invested in BlackRock, Inc. (NYSE:BLK). Beacon Grp Inc owns 678 shares for 0.06% of their portfolio. Patten Grp Inc reported 433 shares or 0.1% of all its holdings. 986 are owned by Ledyard Savings Bank. Todd Asset Management Ltd Company reported 56,038 shares or 0.84% of all its holdings. Blue Fincl Capital Inc stated it has 4,177 shares or 1.28% of all its holdings. Canada Pension Plan Inv Board holds 91,390 shares or 0.08% of its portfolio. 10,500 were accumulated by Andra Ap. 5,160 were reported by Charter. Shine Investment Advisory accumulated 0.04% or 127 shares.

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on July, 16. They expect $6.71 EPS, up 28.05% or $1.47 from last year’s $5.24 per share. BLK’s profit will be $1.08B for 19.55 P/E if the $6.71 EPS becomes a reality. After $6.70 actual EPS reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 0.15% EPS growth.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: Businesswire.com which released: “BlackRock Announces Changes to US iShares Fund Lineup” on June 15, 2018, also Seekingalpha.com with their article: “Recent Purchase: BlackRock” published on June 18, 2018, Seekingalpha.com published: “Billion-Dollar Unicorns: How Will Dropbox Position In Collaboration?” on June 13, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More” published on June 18, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 18, 2018” with publication date: June 18, 2018.

Hudson Valley Investment Advisors Inc, which manages about $579.98 million and $396.79 million US Long portfolio, upped its stake in Amern Tower Corp Class A (NYSE:AMT) by 2,219 shares to 20,551 shares, valued at $2.99M in 2018Q1, according to the filing. It also increased its holding in Fedex Corporation (NYSE:FDX) by 1,816 shares in the quarter, for a total of 13,741 shares, and has risen its stake in C S X Corp (NYSE:CSX).

Investors sentiment decreased to 0.66 in Q1 2018. Its down 0.13, from 0.79 in 2017Q4. It worsened, 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. Grimes Company Inc invested 1.05% of its portfolio in The Boeing Company (NYSE:BA). Synovus Corporation owns 0.14% invested in The Boeing Company (NYSE:BA) for 25,715 shares. Bank & Trust stated it has 118,668 shares or 0.51% of all its holdings. Glenmede Tru Na reported 844,729 shares. 105,287 were accumulated by Renaissance Grp Inc Llc. Wall Street Access Asset Mgmt Ltd Limited Liability Company invested in 2,621 shares. Maple Cap Mgmt Incorporated invested in 0.14% or 1,767 shares. Osborne Partners Cap Mgmt Lc holds 0.79% of its portfolio in The Boeing Company (NYSE:BA) for 17,480 shares. Kingdon Capital Mngmt Ltd Co reported 52,827 shares. Mirae Asset Global Invs Ltd has 0.16% invested in The Boeing Company (NYSE:BA) for 37,807 shares. 6,010 are held by Alpine Woods Capital Ltd Llc. 197,000 are held by Ci Invests. Dupont Capital Management holds 34,309 shares. Kanawha Cap Mgmt Llc reported 692 shares stake. Ashfield Partners Limited Liability Corporation reported 12,424 shares stake.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 118 analyst reports since August 26, 2015 according to SRatingsIntel. On Tuesday, December 12 the stock rating was maintained by Bank of America with “Buy”. As per Wednesday, September 20, the company rating was maintained by Bernstein. The firm has “Hold” rating given on Friday, July 7 by Canaccord Genuity. Wells Fargo maintained it with “Hold” rating and $37000 target in Thursday, April 26 report. The firm earned “Buy” rating on Wednesday, January 17 by Seaport Global. The stock has “Hold” rating by RBC Capital Markets on Tuesday, January 23. The company was maintained on Sunday, February 4 by Jefferies. Goldman Sachs maintained it with “Sell” rating and $134 target in Friday, April 28 report. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 16. The firm has “Hold” rating given on Thursday, October 26 by Canaccord Genuity.

Since February 8, 2018, it had 0 insider buys, and 6 sales for $18.83 million activity. The insider Smith Gregory D sold $12.17 million. On Wednesday, May 9 the insider LUTTIG J MICHAEL sold $3.10 million. Hyslop Gregory L had sold 2,241 shares worth $762,543. Sands Diana L sold $1.48 million worth of The Boeing Company (NYSE:BA) on Friday, May 4. The insider CAPOZZI HEIDI B sold $373,379.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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