Sigma Investment Counselors Cut Boeing Co (BA) Stake By $2.73 Million; Blackrock Municipal Income Trust (BFK) Sentiment Is 2.64

June 23, 2018 - By Vivian Park

The Boeing Company (NYSE:BA) Logo

Blackrock Municipal Income Trust (BFK) investors sentiment increased to 2.64 in 2018 Q1. It’s up 1.26, from 1.38 in 2017Q4. The ratio increased, as 29 hedge funds opened new or increased stock positions, while 11 sold and decreased their equity positions in Blackrock Municipal Income Trust. The hedge funds in our database reported: 3.26 million shares, up from 2.82 million shares in 2017Q4. Also, the number of hedge funds holding Blackrock Municipal Income Trust in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 13 New Position: 16.

Sigma Investment Counselors Inc decreased Boeing Co (BA) stake by 34.06% reported in 2018Q1 SEC filing. Sigma Investment Counselors Inc sold 8,334 shares as Boeing Co (BA)’s stock declined 0.93%. The Sigma Investment Counselors Inc holds 16,133 shares with $5.29 million value, down from 24,467 last quarter. Boeing Co now has $197.44B valuation. The stock increased 0.37% or $1.25 during the last trading session, reaching $338.91. About 3.30 million shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since June 23, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 20/03/2018 – LMI AEROSPACE COMPOSITES GETS BOEING THERMOPLASTICS CONTRACT; 27/03/2018 – Saudi Arabia to sign memorandum with Boeing to support fleet; 04/04/2018 – BOEING – GOL LINHAS AEREAS S.A. WILL TAKE DELIVERY OF ITS FIRST NEW 737 MAX 8 STARTING THIS YEAR; 31/05/2018 – BOEING SEES STRONG DEMAND FOR NEW PASSENGER, CARGO AIRCRAFT; 20/03/2018 – EXCLUSIVE-TEXTRON INC TXT.N , KRATOS DEFENSE & SECURITY SOLUTIONS INC KTOS.O , BOEING CO BA.N , LOCKHEED MARTIN CORP LMT.N AND GENERAL ATOMICS COULD SEE DRONE SALES INCREASE AFTER NEW EXPORT POLICY…; 25/04/2018 – Boeing Raises 2018 View To EPS $16.40-EPS $16.60; 19/05/2018 – CUBA CONFIRMS 110 DEAD IN PLANE CRASH – STATE-RUN MEDIA; 04/04/2018 – Boeing Seen Dodging Real Pain From China Warning Shot on Tariffs; 09/03/2018 – BRAZIL GOVT SAID TO STILL BE STUDYING BOEING-EMBRAER DEAL; 10/04/2018 – Boeing, Lion Air Group Announce Order for 50 737 MAX 10 Airplanes

Robinson Capital Management Llc holds 0.97% of its portfolio in BlackRock Municipal Income Trust for 242,665 shares. Hollencrest Capital Management owns 244,133 shares or 0.41% of their US portfolio. Moreover, Fiduciary Financial Services Of The Southwest Inc Tx has 0.28% invested in the company for 71,041 shares. The Arizona-based Dynamic Advisor Solutions Llc has invested 0.13% in the stock. Capital Investment Advisors Llc, a Georgia-based fund reported 82,885 shares.

It closed at $12.89 lastly. It is down 10.55% since June 23, 2017 and is downtrending. It has underperformed by 23.12% the S&P500.

Since February 8, 2018, it had 0 insider buys, and 6 selling transactions for $18.83 million activity. $373,379 worth of The Boeing Company (NYSE:BA) was sold by CAPOZZI HEIDI B on Thursday, May 3. The insider Hyslop Gregory L sold 2,241 shares worth $762,543. $948,261 worth of stock was sold by Verbeck Robert E on Friday, May 4. 4,500 shares were sold by Sands Diana L, worth $1.48M on Friday, May 4. Smith Gregory D had sold 36,079 shares worth $12.17M on Thursday, February 8. LUTTIG J MICHAEL sold $3.10M worth of The Boeing Company (NYSE:BA) on Wednesday, May 9.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It fall, 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. Griffin Asset Mgmt holds 1.83% or 30,669 shares. Seminole Mgmt has 1.67% invested in The Boeing Company (NYSE:BA) for 22,000 shares. Country Club Tru Na reported 36,889 shares. Beach Invest Counsel Pa holds 1,894 shares or 0.06% of its portfolio. Lucas Cap Mngmt stated it has 0.32% of its portfolio in The Boeing Company (NYSE:BA). Hightower Advsr Ltd Company has 279,861 shares. Ima Wealth Incorporated invested 0.67% of its portfolio in The Boeing Company (NYSE:BA). Oak Ridge Invs Ltd Co invested in 3,010 shares. 626 are held by Capstone Inv Advsr Ltd Com. 77,057 were accumulated by Mason Street Limited. Welch Group Ltd Com invested 0.01% of its portfolio in The Boeing Company (NYSE:BA). Highstreet Asset Inc accumulated 3,884 shares. Lehman Financial Resource holds 0.18% or 1,080 shares in its portfolio. Sky Inv Ltd Liability Com stated it has 0.17% in The Boeing Company (NYSE:BA). Keating Inv Counselors holds 0.15% or 1,000 shares in its portfolio.

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Order Rumor Shows Chinese Pressure” on June 21, 2018, also Seekingalpha.com with their article: “Passengers sue Southwest over fatal engine explosion” published on June 21, 2018, Seekingalpha.com published: “Boeing’s Nightmare: Picking Fights With China” on June 17, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Boeing Optimizes Defense Products” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “797 Announcement Will Increase Boeing Stock Price” with publication date: June 18, 2018.

Sigma Investment Counselors Inc increased Ishares Tr (TIP) stake by 10,179 shares to 208,738 valued at $23.60M in 2018Q1. It also upped Vanguard Scottsdale Fds (VCSH) stake by 50,809 shares and now owns 437,240 shares. Ishares Tr (IJH) was raised too.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 118 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, February 12. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Robert W. Baird on Tuesday, January 16. The company was maintained on Wednesday, September 20 by Wells Fargo. The company was initiated on Thursday, January 12 by RBC Capital Markets. Bank of America upgraded the shares of BA in report on Wednesday, July 19 to “Hold” rating. RBC Capital Markets maintained the shares of BA in report on Wednesday, January 31 with “Hold” rating. The firm has “Buy” rating by Jefferies given on Monday, August 28. On Thursday, April 19 the stock rating was maintained by Canaccord Genuity with “Buy”. As per Monday, March 13, the company rating was downgraded by Morgan Stanley. On Tuesday, June 13 the stock rating was maintained by Cowen & Co with “Buy”.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.41 EPS, up 33.73% or $0.86 from last year’s $2.55 per share. BA’s profit will be $1.99 billion for 24.85 P/E if the $3.41 EPS becomes a reality. After $3.64 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -6.32% negative EPS growth.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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