Cibc World Markets Corp Decreased Stake in Boeing Co (BA)

May 16, 2018 - By Eula Gilbert

The Boeing Company (NYSE:BA) Corporate LogoBig Money Sentiment decreased to 0.79 in 2017 Q4. It has change of 0.02, from 2017Q3’s 0.81. The ratio worsened due to BA positioning: 65 sold and 614 reduced. 148 funds acquired stakes and 391 increased stakes. Investors holded 411.79 million in 2017Q3 but now own 373.50 million shares or 9.30% less. Willingdon Wealth has 871 shs for 0.08% of their capital. Qcm Cayman Ltd invested 0.92% in The Boeing Company (NYSE:BA). Davenport And Ltd invested 0.67% in The Boeing Company (NYSE:BA). 1,502 were reported by Hays Advisory Ltd Liability Corp. Riverbridge Llc reported 849 shs. Strs Ohio has invested 0.69% in The Boeing Company (NYSE:BA). Los Angeles Cap And Equity has 0.61% invested in The Boeing Company (NYSE:BA). Spirit Of America Mngmt Ny has invested 0.19% in The Boeing Company (NYSE:BA). Livingston Group Asset Mngmt (Operating As Southport Cap Management) invested in 0.17% or 1,517 shs. Royal Commercial Bank Of Canada stated it has 0.24% of its capital in The Boeing Company (NYSE:BA). Archford Capital Strategies Ltd Company holds 0.95% or 8,675 shs in its capital. Sunbelt Secs holds 0.51% or 1,766 shs in its capital. Mycio Wealth Prtn Lc stated it has 1,478 shs or 0.05% of all its holdings. Indiana Mngmt has 5,712 shs for 0.78% of their capital. Bailard has invested 0.04% of its capital in The Boeing Company (NYSE:BA).

BA had 6 selling transactions and 0 buys since February 8, 2018. This’s net activity of $18.83 million. Hyslop Gregory L sold $762,543 worth of stock or 2,241 shs. Verbeck Robert E sold $948,261 worth of The Boeing Company (NYSE:BA) or 2,840 shs on Friday, May 4. 4,500 shs were sold by Sands Diana L, worth $1.48M on Friday, May 4. LUTTIG J MICHAEL sold $3.10 million worth of The Boeing Company (NYSE:BA) on Wednesday, May 9. On Thursday, May 3 CAPOZZI HEIDI B sold $373,379 worth of The Boeing Company (NYSE:BA) or 1,132 shs.

In 2017Q4 Securities and Exchange filling is reported Cibc World Markets Corp’s holdings in Boeing Co (BA) which was reduced by 3.31%. The company’s stock popped up 8.82% while Cibc World Markets Corp sold 13,901 shares. At the end of 2017Q4, the 405,987 shares of the aerospace company held by the institutional investor were valued at $119.73 million, down from 419,888 at the end of the previous reported quarter. $201.36B is Boeing Co’s MC. BA is touching $342.9 during the last trading session, after increased 0.23%.The Boeing Company has volume of 1.04 million shares. Since May 16, 2017 BA has risen 82.35% and is uptrending. BA outperformed by 70.80% the S&P 500.

About $13.92 billion US Long portfolio Cibc World Markets Corp manages. It increased its stake in At&T Inc Com (NYSE:T) by 631,775 shares to 1.67 million shares, valued at $64.91 million in 2017Q4, according to the filing. Cibc World Markets Corp has risen its stake in Agilent Technologies Inc (NYSE:A) and also increased its holding in Facebook Inc Cl A (NASDAQ:FB) by 153,140 shares in the quarter, for a total of 860,891 shares.

The Boeing Company (NYSE:BA)’s earnings release is awaited by WallStreet on July, 25, according to Faxor. This year’s EPS analyst estimate is awaited to be $3.44. That is 34.90 % up compareed to $2.55 EPS for last year. If the current EPS of $3.44 is accurate, BA’s profit could be $2.02 billion. Wall Street now forecasts -5.49 % negative EPS growth despite The Boeing Company last quarter’s EPS of $3.64.

For more The Boeing Company (NYSE:BA) news posted briefly go to: Seekingalpha.com, 247Wallst.com, Seekingalpha.com, Benzinga.com or 247Wallst.com. The titles are as follows: “Boeing Crushes It” posted on April 25, 2018, “Boeing Offer for Aircraft Parts Firm KLX Leaves Shareholders Cool” on May 01, 2018, “Boeing And Iran: The Pain” with a publish date: May 09, 2018, “Upcoming Earnings: CAT, LLY And BA Report This Week” and the last “New Chinese Passenger Plane to Challenge Boeing” with publication date: May 13, 2018.

The Boeing Company (NYSE:BA) Ratings Coverage

A total of 20 analysts rate Boeing (NYSE:BA) as follows: 15 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:BA) has 37 ratings reports on May 16, 2018 according to StockzIntelligence. On Thursday, April 26 the stock has “Buy” rating by Societe Generale. On Thursday, February 1 the rating was maintained by Canaccord Genuity with “Hold”. The company rating was upgraded by Vertical Research on Wednesday, April 25. In Thursday, April 26 report Credit Suisse maintained it with “Outperform” rating and $455 target. On Wednesday, April 4 Robert W. Baird maintained the shares of BA in report with “Buy” rating. On Thursday, April 19 the firm has “Buy” rating given by Canaccord Genuity. On Thursday, April 5 the rating was maintained by Bernstein with “Buy”. On Monday, January 8 the company was maintained by Canaccord Genuity. On Thursday, March 29 Robert W. Baird maintained The Boeing Company (NYSE:BA) rating. Robert W. Baird has “Buy” rating and $43300 target. On Tuesday, January 16 the rating was maintained by Robert W. Baird with “Buy”.

The Boeing Company (NYSE:BA) Institutional Investors Chart

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