As Boeing Co (BA) Market Valuation Declined, Holder Creative Planning Has Increased Its Stake

November 10, 2018 - By Dolores Ford

The Boeing Company (NYSE:BA) LogoInvestors sentiment increased to 0.88 in 2018 Q2. Its up 0.22, from 0.66 in 2018Q1. It is positive, as 38 investors sold BA shares while 606 reduced holdings. 121 funds opened positions while 445 raised stakes. 353.55 million shares or 2.04% less from 360.90 million shares in 2018Q1 were reported. Coho Ptnrs Ltd holds 2,513 shares. Fairfield Bush And has 980 shares. Community Fincl Grp Inc Lc has invested 3.91% in The Boeing Company (NYSE:BA). Overbrook Mgmt reported 15,375 shares. Coastline Tru accumulated 3,730 shares. Reilly Herbert Faulkner Iii owns 1,286 shares for 0.24% of their portfolio. The New York-based Millennium Ltd Liability Co has invested 0.23% in The Boeing Company (NYSE:BA). Peloton Wealth Strategists, a Indiana-based fund reported 8,251 shares. Jump Trading Ltd Liability Company owns 237 shares for 0.01% of their portfolio. State Of New Jersey Common Pension Fund D has 325,000 shares for 0.41% of their portfolio. 1832 Asset Management LP holds 0.16% in The Boeing Company (NYSE:BA) or 142,809 shares. Mairs And Power owns 0.02% invested in The Boeing Company (NYSE:BA) for 3,869 shares. Reilly Finance Advsr Limited Liability has 1,747 shares. Macnealy Hoover Invest Inc owns 1,290 shares. Cobblestone Capital Advsrs Ltd Liability Ny accumulated 0.08% or 2,273 shares.

Creative Planning increased its stake in Boeing Co (BA) by 40127.4% based on its latest 2018Q2 regulatory filing with the SEC. Creative Planning bought 200,637 shares as the company’s stock declined 2.87% while stock markets rallied. The institutional investor held 201,137 shares of the aerospace company at the end of 2018Q2, valued at $67.48M, up from 500 at the end of the previous reported quarter. Creative Planning who had been investing in Boeing Co for a number of months, seems to be bullish on the $209.74 billion market cap company. The stock decreased 0.39% or $1.43 during the last trading session, reaching $369.34. About 2.59 million shares traded. The Boeing Company (NYSE:BA) has risen 46.90% since November 10, 2017 and is uptrending. It has outperformed by 31.28% the S&P500.

Creative Planning, which manages about $13.73B and $25.46B US Long portfolio, decreased its stake in Enterprise Prods Partners L (NYSE:EPD) by 540,162 shares to 4.73 million shares, valued at $130.87M in 2018Q2, according to the filing. It also reduced its holding in At&T Inc (Put) (NYSE:T) by 1.06 million shares in the quarter, leaving it with 2,000 shares, and cut its stake in Spdr Ser Tr (SJNK).

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “FAA weighs in on Boeing sensor advisory” on November 07, 2018, also Seekingalpha.com with their article: “Boeing jet flew erratically day before crash” published on October 30, 2018, Seekingalpha.com published: “Boeing dips after first 737 MAX accident” on October 29, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Search extended after first 737 MAX crash” published on November 04, 2018 as well as Seekingalpha.com‘s news article titled: “Israel says Boeing signs reciprocal spending deal” with publication date: October 30, 2018.

The Boeing Company (NYSE:BA) Ratings Coverage

Among 6 analysts covering Boeing (NYSE:BA), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Boeing had 7 analyst reports since June 4, 2018 according to SRatingsIntel. Barclays Capital maintained the shares of BA in report on Monday, June 25 with “Buy” rating. The firm has “Buy” rating by UBS given on Thursday, August 16. As per Thursday, July 26, the company rating was maintained by UBS. The firm has “Neutral” rating by Buckingham Research given on Monday, June 4. Canaccord Genuity maintained the shares of BA in report on Thursday, October 25 with “Hold” rating. Wells Fargo maintained the shares of BA in report on Tuesday, June 26 with “Hold” rating. On Thursday, October 25 the stock rating was maintained by Credit Suisse with “Outperform”.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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