As Boeing Co (BA) Stock Rose, Holder Capital World Investors Decreased by $1.40 Billion Its Position

April 25, 2018 - By Marry Poplack

The Boeing Company (NYSE:BA) LogoInvestors sentiment decreased to 0.79 in Q4 2017. 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. Maryland holds 0.14% or 3,130 shares in its portfolio. Exxonmobil Inv Mngmt Tx owns 89,018 shares. Markel has 94,400 shares for 0.53% of their portfolio. 3,433 were reported by Burns J W And Ny. New York-based Solaris Asset Limited Liability Corporation has invested 0.06% in The Boeing Company (NYSE:BA). Aqr Cap Ltd Liability Corp holds 3.12M shares. Great West Life Assurance Can, Manitoba – Canada-based fund reported 600,903 shares. Security Bank & Trust Of So Dak accumulated 901 shares or 0.29% of the stock. First Bank Of Mount Dora Trust Serv owns 20,350 shares. Truepoint Inc stated it has 1,276 shares. Renaissance Grp Incorporated Ltd Liability Company holds 143,111 shares. Hbk Sorce Advisory Limited Liability Corp invested in 0.35% or 9,955 shares. Glenview Commercial Bank Tru Dept has invested 0.46% of its portfolio in The Boeing Company (NYSE:BA). Symphony Asset Lc, a California-based fund reported 22,607 shares. Moreover, California Employees Retirement System has 0.58% invested in The Boeing Company (NYSE:BA) for 1.46M shares.

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

Capital World Investors decreased its stake in Boeing Co (BA) by 15.66% based on its latest 2017Q4 regulatory filing with the SEC. Capital World Investors sold 4.78 million shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 25.73 million shares of the aerospace company at the end of 2017Q4, valued at $7.59 billion, down from 30.50 million at the end of the previous reported quarter. Capital World Investors who had been investing in Boeing Co for a number of months, seems to be less bullish one the $201.27B market cap company. The stock increased 4.16% or $13.68 during the last trading session, reaching $342.74. About 10.61 million shares traded or 80.41% up from the average. The Boeing Company (NYSE:BA) has risen 82.35% since April 25, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Capital World Investors, which manages about $461.25 billion US Long portfolio, upped its stake in Grupo Supervielle Sa B Adr by 367,414 shares to 5.28 million shares, valued at $154.79 million in 2017Q4, according to the filing. It also increased its holding in General Mills Inc (NYSE:GIS) by 200,000 shares in the quarter, for a total of 5.30 million shares, and has risen its stake in Graco Inc (NYSE:GGG).

The Boeing Company (NYSE:BA) Ratings Coverage

Among 18 analysts covering Boeing (NYSE:BA), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Boeing had 35 analyst reports since October 26, 2017 according to SRatingsIntel. On Friday, April 6 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by Bank of America with “Buy” on Thursday, February 1. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, January 16. Seaport Global maintained The Boeing Company (NYSE:BA) rating on Wednesday, January 3. Seaport Global has “Buy” rating and $330.0 target. The stock of The Boeing Company (NYSE:BA) earned “Hold” rating by Buckingham Research on Friday, December 22. On Monday, January 8 the stock rating was maintained by Melius Research with “Buy”. RBC Capital Markets maintained The Boeing Company (NYSE:BA) rating on Thursday, October 26. RBC Capital Markets has “Hold” rating and $273.0 target. The firm has “Buy” rating given on Thursday, March 29 by Robert W. Baird. The company was upgraded on Tuesday, February 13 by Edward Jones. Cowen & Co maintained The Boeing Company (NYSE:BA) rating on Friday, December 1. Cowen & Co has “Buy” rating and $320.0 target.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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