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Creative Planning Boosted Its Boeing Co (BA) Stake by $67.21 Million

The Boeing Company (NYSE:BA) LogoInvestors sentiment increased to 0.88 in Q2 2018. Its up 0.22, from 0.66 in 2018Q1. It increased, 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. Mogy Joel R Counsel Inc has invested 1.48% in The Boeing Company (NYSE:BA). Excalibur Mngmt Corporation owns 815 shares. Cliftonlarsonallen Wealth Advisors has 30,349 shares. Security National Trust Company holds 0.62% or 5,547 shares. Roffman Miller Associates Pa stated it has 4.8% in The Boeing Company (NYSE:BA). Amer Int invested in 0.2% or 173,026 shares. Halbert Hargrove Russell Ltd Co reported 0.07% in The Boeing Company (NYSE:BA). Karpas Strategies Lc holds 0.15% or 1,018 shares. Osterweis Cap Management Incorporated holds 2.12% or 97,821 shares in its portfolio. Murphy Cap Mngmt reported 2.09% stake. State Of Alaska Department Of Revenue has invested 0.5% in The Boeing Company (NYSE:BA). Bradley Foster & Sargent Ct holds 12,900 shares. 314 are owned by Jnba Fincl. Obermeyer Wood Counsel Lllp has 2,032 shares for 0.06% of their portfolio. Gw Henssler And Associate Ltd stated it has 13,133 shares or 0.43% of all its holdings.

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 $67.48 million, 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 $209.74B 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 $25.46 billion US Long portfolio, decreased its stake in Schwab Strategic Tr (SCHH) by 243,726 shares to 16.45 million shares, valued at $687.22M in 2018Q2, according to the filing. It also reduced its holding in Vanguard Bd Index Fd Inc (BSV) by 171,511 shares in the quarter, leaving it with 211,765 shares, and cut its stake in Ishares Tr (SHYG).

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Boeing jet flew erratically day before crash” on October 30, 2018, also Fool.com with their article: “Here Are the Companies Gunning for Canada’s $12 Billion Fighter Jet Deal” published on November 10, 2018, Fool.com published: “1 Way Boeing Is Absolutely Crushing Airbus” on November 05, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Decent Quarter Expected For Boeing” published on October 22, 2018 as well as Seekingalpha.com‘s news article titled: “Search extended after first 737 MAX crash” with publication date: November 04, 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. UBS reinitiated the stock with “Buy” rating in Thursday, August 16 report. As per Monday, June 4, the company rating was maintained by Buckingham Research. The stock of The Boeing Company (NYSE:BA) has “Outperform” rating given on Thursday, October 25 by Credit Suisse. The rating was maintained by Barclays Capital with “Buy” on Monday, June 25. UBS maintained the stock with “Neutral” rating in Thursday, July 26 report. The stock has “Hold” rating by Wells Fargo on Tuesday, June 26. On Thursday, October 25 the stock rating was maintained by Canaccord Genuity with “Hold”.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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