Assetmark INC Has Increased Its Position in Boeing Co Com (BA) by $5.58 Million

August 9, 2018 - By Vernon Prom

The Boeing Company (NYSE:BA) LogoInvestors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It is negative, 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. Nelson Van Denburg & Campbell Wealth Management Gru Ltd Liability Corp holds 0.7% in The Boeing Company (NYSE:BA) or 9,412 shares. Robeco Institutional Asset Management Bv holds 0.5% in The Boeing Company (NYSE:BA) or 326,369 shares. Mckinley Lc Delaware invested in 7,550 shares. S R Schill invested in 0.88% or 4,336 shares. Fiduciary Fincl Service Of The Southwest Tx invested in 42,758 shares. Moreover, Natixis has 0.94% invested in The Boeing Company (NYSE:BA). 1,097 were reported by Leisure Capital Mngmt. World Asset Mgmt Inc holds 36,036 shares or 0.55% of its portfolio. Roffman Miller Associate Incorporated Pa has 5.06% invested in The Boeing Company (NYSE:BA). Allen Mgmt Ltd holds 0.04% or 2,725 shares in its portfolio. Scholtz & Ltd Liability invested in 2,250 shares or 0.55% of the stock. Wealthfront owns 0.09% invested in The Boeing Company (NYSE:BA) for 27,647 shares. Northwestern Mutual Wealth reported 0.13% stake. Pointstate Capital Limited Partnership holds 1.63% of its portfolio in The Boeing Company (NYSE:BA) for 455,701 shares. Burke And Herbert Commercial Bank And owns 7,332 shares or 2.16% of their US portfolio.

Since May 3, 2018, it had 0 buys, and 5 selling transactions for $6.66 million activity. CAPOZZI HEIDI B had sold 1,132 shares worth $373,379 on Thursday, May 3. $1.48M worth of stock was sold by Sands Diana L on Friday, May 4. Another trade for 9,000 shares valued at $3.10M was sold by LUTTIG J MICHAEL. 2,840 The Boeing Company (NYSE:BA) shares with value of $948,261 were sold by Verbeck Robert E.

Assetmark Inc increased its stake in Boeing Co Com (BA) by 17.87% based on its latest 2018Q1 regulatory filing with the SEC. Assetmark Inc bought 17,078 shares as the company’s stock declined 0.93% with the market. The institutional investor held 112,633 shares of the aerospace company at the end of 2018Q1, valued at $36.93M, up from 95,555 at the end of the previous reported quarter. Assetmark Inc who had been investing in Boeing Co Com for a number of months, seems to be bullish on the $198.23 billion market cap company. The stock decreased 0.30% or $1.03 during the last trading session, reaching $345.04. About 1.27 million shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since August 9, 2017 and is uptrending. It has outperformed by 79.92% the S&P500.

Assetmark Inc, which manages about $13.57B and $9.66B US Long portfolio, decreased its stake in Ishares Tr 1 3 Yr Treas Bd (SHY) by 116,541 shares to 562,290 shares, valued at $46.99 million in 2018Q1, according to the filing. It also reduced its holding in Transdigm Group Inc Com (NYSE:TDG) by 12,866 shares in the quarter, leaving it with 158 shares, and cut its stake in Posco Sponsored Adr (NYSE:PKX).

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Boeing Business Strengthens” on August 08, 2018, also Seekingalpha.com with their article: “Boeing Recognizes Charge In Strong Quarter” published on July 22, 2018, Seekingalpha.com published: “Boeing’s $15 Trillion Market” on August 06, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “More from Day One at Farnborough” published on July 16, 2018 as well as Seekingalpha.com‘s news article titled: “Boeing 787 Going To Zero” with publication date: July 26, 2018.

The Boeing Company (NYSE:BA) Ratings Coverage

Among 13 analysts covering Boeing (NYSE:BA), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Boeing had 19 analyst reports since February 13, 2018 according to SRatingsIntel. The company was maintained on Thursday, July 26 by UBS. The rating was maintained by Buckingham Research on Monday, June 4 with “Neutral”. As per Tuesday, February 13, the company rating was upgraded by Edward Jones. Barclays Capital maintained the stock with “Overweight” rating in Friday, April 27 report. The rating was upgraded by Societe Generale to “Buy” on Thursday, April 26. The stock of The Boeing Company (NYSE:BA) earned “Outperform” rating by Credit Suisse on Thursday, April 26. The rating was maintained by Bernstein with “Buy” on Thursday, April 5. The company was maintained on Thursday, March 29 by Robert W. Baird. The stock of The Boeing Company (NYSE:BA) earned “Equal-Weight” rating by Morgan Stanley on Friday, February 23. Canaccord Genuity maintained The Boeing Company (NYSE:BA) rating on Thursday, April 19. Canaccord Genuity has “Buy” rating and $34500 target.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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