JP Morgan Cazenove Reconfirms a “Overweight” Rating on BAE Systems Plc (LON:BA) and GBX 685.00 Target, Blackrock Muniyield Quality Fund II (MQT) Sentiment Is 1.73

April 21, 2017 - By Dolores Ford

BlackRock MuniYield Quality Fund II, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $292.13 million. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

BAE Systems Plc (LON:BA) had its stock rating noted as “Overweight” by analysts at JP Morgan Cazenove. JP Morgan Cazenove currently has a GBX 685.00 target on the 19.66B GBP market cap company or 10.71% upside potential. This was disclosed in a research note on 21 April.

Robinson Capital Management Llc holds 1.73% of its portfolio in Blackrock Muniyield Quality Fund II Inc. for 249,441 shares. Tradewinds Capital Management Llc owns 65,061 shares or 0.55% of their US portfolio. Moreover, Garrison Bradford & Associates Inc has 0.24% invested in the company for 20,000 shares. The Texas-based Doliver Capital Advisors Inc. has invested 0.14% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 262,695 shares.

The stock decreased 0.23% or $0.03 on April 20, reaching $12.98. About shares traded. Blackrock Muniyield Quality Fund II Inc. (NYSE:MQT) has declined 8.59% since September 14, 2016 and is downtrending. It has underperformed by 19.41% the S&P500.

Since October 31, 2016, it had 0 buys, and 12 insider sales for $82.29 million activity. $1.96M worth of stock was sold by Conner Raymond L. on Friday, November 4. Muilenburg Dennis A had sold 51,024 shares worth $7.25M. The insider Hyslop Gregory L sold 3,573 shares worth $580,005. Verbeck Robert E sold $902,152 worth of stock. Downey Thomas J sold $821,731 worth of stock or 5,000 shares. LUTTIG J MICHAEL had sold 200,754 shares worth $28.60 million. Another trade for 21,226 shares valued at $3.50M was made by Sands Diana L on Monday, January 30.

About 1.28M shares traded. BAE Systems plc (LON:BA) has risen 16.12% since September 21, 2016 and is uptrending. It has outperformed by 5.30% the S&P500.

BAE Systems plc is a defense, aerospace and security company. The company has market cap of 19.66 billion GBP. The Firm operates through five divisions. It has a 21.58 P/E ratio. The Electronic Systems segment consists of the Company’s United States and United Kingdom electronics activities.

Analysts await Boeing Co (NYSE:BA) to report earnings on April, 26. They expect $2.03 earnings per share, up 16.67% or $0.29 from last year’s $1.74 per share. BA’s profit will be $1.24 billion for 22.08 P/E if the $2.03 EPS becomes a reality. After $2.47 actual earnings per share reported by Boeing Co for the previous quarter, Wall Street now forecasts -17.81% negative EPS growth.

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