E&G Advisors LP Lifted Its Position in At&T (T) as Stock Price Declined; Strategic Financial Services Lowered Its Boeing Co. (BA) Stake by $2.60 Million as Stock Price Rose

February 22, 2018 - By Winifred Garcia

Strategic Financial Services Inc decreased its stake in Boeing Co. (BA) by 50.23% based on its latest 2017Q3 regulatory filing with the SEC. Strategic Financial Services Inc sold 10,240 shares as the company’s stock rose 4.66% with the market. The institutional investor held 10,145 shares of the aerospace company at the end of 2017Q3, valued at $2.58 million, down from 20,385 at the end of the previous reported quarter. Strategic Financial Services Inc who had been investing in Boeing Co. for a number of months, seems to be less bullish one the $209.85B market cap company. The stock increased 1.20% or $4.22 during the last trading session, reaching $356.59. About 2.41 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.




E&G Advisors Lp increased its stake in At&T Inc (T) by 19.91% based on its latest 2017Q3 regulatory filing with the SEC. E&G Advisors Lp bought 8,950 shares as the company’s stock declined 7.81% while stock markets rallied. The institutional investor held 53,910 shares of the telecommunications equipment company at the end of 2017Q3, valued at $2.11 million, up from 44,960 at the end of the previous reported quarter. E&G Advisors Lp who had been investing in At&T Inc for a number of months, seems to be bullish on the $224.47 billion market cap company. The stock increased 0.70% or $0.255 during the last trading session, reaching $36.565. About 11.91M shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since February 22, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

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 $1.61 billion for 32.65 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.

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. The firm earned “Hold” rating on Wednesday, October 18 by Canaccord Genuity. As per Monday, August 28, the company rating was maintained by Jefferies. The company was maintained on Thursday, January 28 by Canaccord Genuity. Cowen & Co maintained The Boeing Company (NYSE:BA) on Thursday, September 17 with “Outperform” rating. The stock of The Boeing Company (NYSE:BA) earned “Hold” rating by Canaccord Genuity on Monday, January 8. The stock of The Boeing Company (NYSE:BA) earned “Hold” rating by RBC Capital Markets on Wednesday, November 15. The rating was maintained by Robert W. Baird on Monday, October 9 with “Buy”. On Friday, April 28 the stock rating was maintained by Canaccord Genuity with “Hold”. Goldman Sachs maintained the shares of BA in report on Friday, April 28 with “Sell” rating. The firm has “Neutral” rating by Buckingham Research given on Thursday, February 8.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.05, from 0.86 in 2017Q2. It dived, 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. Bankshares Of Montreal Can owns 0.56% invested in The Boeing Company (NYSE:BA) for 2.40M shares. New Jersey-based Hallmark Mngmt has invested 0.3% in The Boeing Company (NYSE:BA). Marietta Invest Ptnrs Ltd Llc stated it has 3,850 shares or 0.29% of all its holdings. Valueworks Lc invested 5.73% in The Boeing Company (NYSE:BA). Madison Hldgs has 87,678 shares for 0.4% of their portfolio. Ubs Asset Mngmt Americas has invested 0.49% in The Boeing Company (NYSE:BA). Trexquant Lp stated it has 5,427 shares or 0.35% of all its holdings. Freestone Hldg Ltd Liability reported 5,437 shares. Wellington Shields & Ltd Llc stated it has 3,550 shares or 0.3% of all its holdings. Moreover, Convergence Investment Ptnrs Limited Liability Com has 1.89% invested in The Boeing Company (NYSE:BA) for 52,476 shares. Hudock Capital Grp Ltd Liability has invested 1.06% of its portfolio in The Boeing Company (NYSE:BA). 154,972 are owned by First Quadrant LP Ca. Skba Cap Mgmt Limited Liability has invested 2.5% of its portfolio in The Boeing Company (NYSE:BA). Winfield Assoc reported 2,300 shares. Tru Of Toledo Na Oh invested 0.32% in The Boeing Company (NYSE:BA).

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

Investors sentiment increased to 1.17 in 2017 Q3. Its up 0.02, from 1.15 in 2017Q2. It increased, as 77 investors sold T shares while 609 reduced holdings. 106 funds opened positions while 696 raised stakes. 3.34 billion shares or 1.04% more from 3.31 billion shares in 2017Q2 were reported. Longer Invests reported 2.39% stake. Old Natl Bancorporation In reported 0.31% stake. Guardian Life Ins Of America has 0.08% invested in AT&T Inc. (NYSE:T) for 13,968 shares. Highstreet Asset reported 54,408 shares. Aspen Mngmt accumulated 12,706 shares. 40,251 are owned by Aviance Prtn Lc. Diversified owns 35,628 shares or 0.11% of their US portfolio. Choate Advsr reported 38,213 shares. Gotham Asset Mgmt Limited Liability Corporation holds 0.41% of its portfolio in AT&T Inc. (NYSE:T) for 721,269 shares. Gilman Hill Asset Mgmt Ltd reported 0.33% stake. Eagle Mgmt Ltd stated it has 64,142 shares. M&R Management Incorporated holds 0.36% of its portfolio in AT&T Inc. (NYSE:T) for 38,023 shares. Icon Advisers Company holds 0.17% or 62,200 shares in its portfolio. Capstone Financial Advsr Inc accumulated 21,245 shares. Oklahoma-based Tru Of Oklahoma has invested 0.26% in AT&T Inc. (NYSE:T).

Among 30 analysts covering AT&T Inc. (NYSE:T), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. AT&T Inc. had 73 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Perform” rating by Oppenheimer given on Tuesday, November 8. On Friday, April 1 the stock rating was downgraded by Moffet Nathanson to “Sell”. The rating was maintained by DA Davidson with “Buy” on Monday, March 7. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Tuesday, January 30 by Scotia Capital. The stock has “Neutral” rating by Bank of America on Thursday, July 13. Citigroup upgraded it to “Buy” rating and $37 target in Wednesday, September 2 report. Barclays Capital maintained the stock with “Equal Weight” rating in Friday, July 14 report. On Friday, July 22 the stock rating was maintained by FBR Capital with “Mkt Perform”. RBC Capital Markets maintained it with “Hold” rating and $43.0 target in Monday, October 2 report. The firm has “Buy” rating given on Monday, March 14 by Citigroup.

E&G Advisors Lp, which manages about $153.76 million and $221.45M US Long portfolio, decreased its stake in American Airls Group Inc (NASDAQ:AAL) by 9,180 shares to 35,760 shares, valued at $1.70 million in 2017Q3, according to the filing.

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