Cibc World Markets Corp Decreased Stake in Boeing Co (BA) by $4.09 Million

May 16, 2018 - By Arnold Ferreira

The Boeing Company (NYSE:BA) Corporate LogoBig Money Sentiment decreased to 0.79 in Q4 2017. It has change of 0.02, from 2017Q3’s 0.81. The ratio turned negative due to BA positioning: 65 sold and 614 reduced. 148 funds took stakes and 391 increased stakes. Investors holded 411.79 million in 2017Q3 but now own 373.50 million shares or 9.30% less. Hennessy Advsr Inc accumulated 36,650 shs. Sumitomo Mitsui Tru Holdings invested 0.73% in The Boeing Company (NYSE:BA). Renaissance Ltd Liability Corp has 1.43% invested in The Boeing Company (NYSE:BA) for 143,111 shs. Auxier Asset Mngmt, a Oregon-based fund reported 12,442 shs. Tci Wealth has invested 0.66% in The Boeing Company (NYSE:BA). Heritage Wealth has invested 0.11% in The Boeing Company (NYSE:BA). Washington Tru Com holds 2.23% of its capital in The Boeing Company (NYSE:BA) for 134,186 shs. Cornerstone holds 1.11% in The Boeing Company (NYSE:BA) or 33,000 shs. Stifel Financial Corp reported 749,868 shs or 0.7% of all its holdings. Moreover, Naples Global Advsr Ltd Liability Com has 2.05% invested in The Boeing Company (NYSE:BA) for 23,601 shs. Palisades Hudson Asset LP has invested 0.65% in The Boeing Company (NYSE:BA). 1.29M were accumulated by Prudential Inc. Baldwin Brothers Ma accumulated 0% or 101 shs. Cwh Cap Management reported 680 shs. Federated Investors Pa accumulated 13,409 shs or 0.01% of the stock.

BA registered $18.83 million net activity with 0 insider purchases and 6 selling transactions since February 8, 2018. Hyslop Gregory L sold $762,543 worth of stock. $948,261 worth of The Boeing Company (NYSE:BA) was sold by Verbeck Robert E on Friday, May 4. On Thursday, May 3 Shares for $373,379 were sold by CAPOZZI HEIDI B. Smith Gregory D had sold 36,079 shs worth $12.17 million. LUTTIG J MICHAEL had sold 9,000 shs worth $3.10M.

In Boeing Co (BA) was decreased the stake owned by Cibc World Markets Corp. The reduction is 3.31% according to 2017Q4 Securities and Exchange filling. The company’s stock rose 8.82% while stock markets declined as Cibc World Markets Corp sold 13,901 shares. At the end of 2017Q4, the institutional investor held 405,987 shares of the aerospace company, valued at $119.73M, down from 419,888 at the end of the previous reported quarter. $201.36B is Boeing Co’s market cap. BA touched $342.9 during the last trading session after $0.78 change.Currently The Boeing Company is uptrending after 82.35% change in last May 16, 2017. BA has 1.04M shares volume. BA outperformed the S&P 500 by 70.80%.

Cibc World Markets Corp operates about $13.92 billion US Long portfolio. According to a filing the fund upped its stake in Coca Cola Co (NYSE:KO) by 335,892 shares to 1.20 million shares, valued at $55.11 million in 2017Q4. Cibc World Markets Corp has risen its stake in Pfizer Inc (NYSE:PFE) and also increased its holding in Intuitive Surgical Inc (NASDAQ:ISRG) by 48,691 shares in the quarter, for a total of 57,204 shares.

Earnings report for The Boeing Company (NYSE:BA) is awaited on July, 25., as reported by RTT. EPS of $3.44 is 34.90 % up from 2017’s $2.55 EPS. If reported the P/E will be 24.92 with $2.02 billion profit. After $3.64 EPS was published last quarter, analysts now see negative EPS growth of -5.49 % for The Boeing Company.

For more The Boeing Company (NYSE:BA) news posted recently go to:,,, or The titles are as follows: “Boeing And Iran: The Pain” posted on May 09, 2018, “Dreamliner Drama Unfolding?” on May 07, 2018, “Boeing Doesn’t Need Iran” with a publish date: May 15, 2018, “Boeing Crushes It” and the last “Earnings” with publication date: April 24, 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, February 1 the firm earned “Buy” rating by Bank of America. On Friday, February 2 the rating was maintained by Tigress Financial with “Buy”. On Friday, December 1 the rating was maintained by Cowen & Co with “Buy”. On Monday, January 8 the rating was maintained by Jefferies with “Buy”. On Friday, December 22 Buckingham Research maintained the shares of BA in report with “Hold” rating. The stock rating was maintained by RBC Capital Markets with “Hold” on Tuesday, January 23. On Tuesday, December 12 the company was maintained by Bank of America. The company rating was maintained by Berenberg on Monday, January 29. On Thursday, April 26 the stock has “Outperform” rating by Credit Suisse. On Thursday, April 19 the stock has “Buy” rating by Canaccord Genuity.

The Boeing Company (NYSE:BA) Institutional Investors Chart

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