Dock Street Asset Management Lifted Nvidia (NVDA) Stake by $1.42 Million as Stock Value Rose; Cambridge Financial Group Position in Boeing Co (BA) Has Decreased by $2.03 Billion as Market Value Rose

May 26, 2018 - By Clifton Ray

The Boeing Company (NYSE:BA) Logo

Dock Street Asset Management Inc increased its stake in Nvidia (NVDA) by 10.57% based on its latest 2017Q4 regulatory filing with the SEC. Dock Street Asset Management Inc bought 7,334 shares as the company’s stock rose 15.49% while stock markets declined. The institutional investor held 76,747 shares of the semiconductors company at the end of 2017Q4, valued at $14.85 million, up from 69,413 at the end of the previous reported quarter. Dock Street Asset Management Inc who had been investing in Nvidia for a number of months, seems to be bullish on the $151.31 billion market cap company. The stock increased 0.64% or $1.59 during the last trading session, reaching $249.28. About 6.74M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 108.33% since May 26, 2017 and is uptrending. It has outperformed by 96.78% the S&P500.




Cambridge Financial Group Inc decreased its stake in Boeing Co (BA) by 22.41% based on its latest 2017Q4 regulatory filing with the SEC. Cambridge Financial Group Inc sold 6,879 shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 23,814 shares of the aerospace company at the end of 2017Q4, valued at $7.02B, down from 30,693 at the end of the previous reported quarter. Cambridge Financial Group Inc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $211.45 billion market cap company. The stock increased 0.30% or $1.09 during the last trading session, reaching $360.09. About 2.46M shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since May 26, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.02, from 0.81 in 2017Q3. It worsened, as 65 investors sold BA shares while 614 reduced holdings. 148 funds opened positions while 391 raised stakes. 373.50 million shares or 9.30% less from 411.79 million shares in 2017Q3 were reported. Mathes reported 3.4% of its portfolio in The Boeing Company (NYSE:BA). Citigroup Inc reported 0.12% in The Boeing Company (NYSE:BA). Iowa Financial Bank reported 2,967 shares or 0.39% of all its holdings. Lvm Management Limited Mi invested 4.02% in The Boeing Company (NYSE:BA). Folger Nolan Fleming Douglas Capital Mgmt Inc has invested 0.41% of its portfolio in The Boeing Company (NYSE:BA). Northwestern Mutual Wealth Mgmt Communications invested 0.13% of its portfolio in The Boeing Company (NYSE:BA). Glovista Investments Limited Com stated it has 0.05% of its portfolio in The Boeing Company (NYSE:BA). Birmingham Capital Management Inc Al holds 0.15% or 1,366 shares. Hermes Inv invested in 9,975 shares or 0.04% of the stock. 15,483 were reported by Gamble Jones Counsel. Solaris Asset Mngmt Lc holds 375 shares. Loomis Sayles And Company Ltd Partnership holds 0.06% or 96,075 shares. Lakeview Limited Liability reported 813 shares or 0.18% of all its holdings. Berkshire Asset Mgmt Ltd Liability Pa holds 3,321 shares or 0.09% of its portfolio. Moreover, First Bancorp Of Omaha has 0.07% invested in The Boeing Company (NYSE:BA) for 4,351 shares.

Cambridge Financial Group Inc, which manages about $202.41B US Long portfolio, upped its stake in Walgreens Boots Alliance Inc by 6,487 shares to 73,595 shares, valued at $5.34 billion in 2017Q4, according to the filing. It also increased its holding in Cardinal Health (NYSE:CAH) by 14,335 shares in the quarter, for a total of 87,021 shares, and has risen its stake in Johnson Controls.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 117 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Tuesday, December 12 with “Hold”. On Wednesday, April 20 the stock rating was downgraded by Bank of America to “Underperform”. As per Tuesday, January 16, the company rating was maintained by Robert W. Baird. The rating was upgraded by Societe Generale on Thursday, April 26 to “Buy”. The firm has “Outperform” rating given on Thursday, July 27 by Credit Suisse. The rating was downgraded by Wells Fargo to “Market Perform” on Friday, December 18. Citigroup maintained The Boeing Company (NYSE:BA) rating on Monday, September 19. Citigroup has “Buy” rating and $160 target. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, September 3 report. The firm has “Hold” rating given on Thursday, February 1 by Wells Fargo. RBC Capital Markets maintained The Boeing Company (NYSE:BA) on Thursday, October 26 with “Hold” rating.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.44 EPS, up 34.90% or $0.89 from last year’s $2.55 per share. BA’s profit will be $2.02 billion for 26.17 P/E if the $3.44 EPS becomes a reality. After $3.64 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -5.49% negative EPS growth.

Since February 8, 2018, it had 0 insider purchases, and 6 sales for $18.83 million activity. Another trade for 9,000 shares valued at $3.10 million was made by LUTTIG J MICHAEL on Wednesday, May 9. Verbeck Robert E sold $948,261 worth of The Boeing Company (NYSE:BA) on Friday, May 4. $12.17M worth of The Boeing Company (NYSE:BA) was sold by Smith Gregory D on Thursday, February 8. $373,379 worth of stock was sold by CAPOZZI HEIDI B on Thursday, May 3. Shares for $762,543 were sold by Hyslop Gregory L on Monday, May 7.

More notable recent The Boeing Company (NYSE:BA) news were published by: Bizjournals.com which released: “Luxury boats, rockets and missiles: Roughly 50 projects helped create 8000+ jobs on Florida’s Space Coast” on May 25, 2018, also 247Wallst.com with their article: “Boeing Returns as Top Performing Dow Stock” published on May 19, 2018, Seekingalpha.com published: “Boeing: I Continue To See Upside” on May 23, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Boeing Doesn’t Need Iran” published on May 15, 2018 as well as Livetradingnews.com‘s news article titled: “The Boeing Company (NYSE:BA) Stock Overbought” with publication date: May 23, 2018.

Among 45 analysts covering Nvidia Corporation (NASDAQ:NVDA), 27 have Buy rating, 3 Sell and 15 Hold. Therefore 60% are positive. Nvidia Corporation had 205 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was initiated by CLSA with “Underperform” on Friday, February 3. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Equal-Weight” rating given on Friday, November 10 by Barclays Capital. The firm earned “Buy” rating on Wednesday, June 21 by Canaccord Genuity. The firm earned “Underweight” rating on Tuesday, April 4 by Pacific Crest. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Thursday, June 2 by Goldman Sachs. The firm has “Hold” rating given on Tuesday, August 11 by Zacks. Vetr upgraded NVIDIA Corporation (NASDAQ:NVDA) rating on Tuesday, August 18. Vetr has “Buy” rating and $26.23 target. Morgan Stanley downgraded it to “Underweight” rating and $21 target in Friday, August 7 report. The rating was maintained by Canaccord Genuity on Monday, July 24 with “Buy”. The company was maintained on Friday, February 9 by Citigroup.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Benzinga.com which released: “Morgan Stanley Lifts Nvidia Price Target After Strong Q1” on May 11, 2018, also Finance.Yahoo.com with their article: “Cowen’s Price Target for Nvidia Corporation Isn’t So Crazy” published on May 23, 2018, Forbes.com published: “A Look At Our $208 Valuation For Nvidia” on May 23, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Seekingalpha.com and their article: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” published on May 25, 2018 as well as Finance.Yahoo.com‘s news article titled: “3 (More) Artificial Intelligence Stocks You Hadn’t Thought Of” with publication date: May 25, 2018.

Investors sentiment decreased to 1.21 in Q4 2017. Its down 0.09, from 1.3 in 2017Q3. It dived, as 59 investors sold NVDA shares while 301 reduced holdings. 113 funds opened positions while 321 raised stakes. 363.65 million shares or 6.07% less from 387.15 million shares in 2017Q3 were reported. Kessler Investment Gru Inc Ltd Liability reported 0.02% in NVIDIA Corporation (NASDAQ:NVDA). Parsons Mngmt Ri has 0.03% invested in NVIDIA Corporation (NASDAQ:NVDA). New Mexico Educational Retirement Board has 0.42% invested in NVIDIA Corporation (NASDAQ:NVDA) for 57,682 shares. Halbert Hargrove Russell Ltd Co reported 1,590 shares or 0.08% of all its holdings. Nepsis Capital Inc holds 2.53% or 25,819 shares. 2,000 are held by Harvey Mgmt. Highfields Cap Mngmt LP stated it has 774,900 shares or 1.25% of all its holdings. Bowling Port Management Limited Liability Company invested in 0.07% or 2,880 shares. Teachers Retirement Systems Of The State Of Kentucky holds 0.3% or 130,537 shares in its portfolio. Baillie Gifford And has invested 2.69% in NVIDIA Corporation (NASDAQ:NVDA). Kbc Gru Nv has 239,514 shares for 0.4% of their portfolio. Brave Asset Mngmt has 11,719 shares for 1.18% of their portfolio. Marshall Wace Ltd Liability Partnership invested in 1,108 shares. Jefferies Ltd Llc has 0.02% invested in NVIDIA Corporation (NASDAQ:NVDA) for 25,304 shares. 1,134 were reported by Parkwood Limited Co.

Dock Street Asset Management Inc, which manages about $409.17 million and $258.34M US Long portfolio, decreased its stake in S&P Midcap 400 (IJH) by 12,155 shares to 44,878 shares, valued at $8.52 million in 2017Q4, according to the filing.

Since December 13, 2017, it had 0 insider buys, and 7 insider sales for $22.84 million activity. Kress Colette also sold $31,732 worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, December 13. $7.67M worth of stock was sold by Shoquist Debora on Tuesday, March 27. Drell Persis sold $1.13M worth of stock. The insider Byron Michael sold $23,496. On Thursday, February 15 the insider GAITHER JAMES C sold $9.91M.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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