As Intel (Call) (INTC) Valuation Declined, Masters Capital Management Decreased Its Position by $38.00 Million; Boeing Co (BA) Valuation Rose While National Pension Service Has Increased Its Position

January 13, 2018 - By Richard Conner

Mike Masters decreased its stake in Intel Corp (Call) (INTC) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Masters Capital Management Llc sold 1.00 million shares as the company’s stock declined 2.96% while stock markets rallied. The hedge fund run by Mike Masters held 1.00 million shares of the semiconductors company at the end of 2017Q3, valued at $38.08 million, down from 2.00M at the end of the previous reported quarter. Masters Capital Management Llc who had been investing in Intel Corp (Call) for a number of months, seems to be less bullish one the $202.36B market cap company. The stock decreased 0.39% or $0.17 during the last trading session, reaching $43.24. About 29.97M shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since January 13, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

National Pension Service increased its stake in Boeing Co (BA) by 4.18% based on its latest 2017Q3 regulatory filing with the SEC. National Pension Service bought 18,629 shares as the company’s stock rose 4.66% with the market. The institutional investor held 464,261 shares of the aerospace company at the end of 2017Q3, valued at $118.05M, up from 445,632 at the end of the previous reported quarter. National Pension Service who had been investing in Boeing Co for a number of months, seems to be bullish on the $200.24 billion market cap company. The stock increased 2.47% or $8.09 during the last trading session, reaching $336.21. About 6.56M shares traded or 97.65% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since January 13, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Since July 31, 2017, it had 0 insider purchases, and 5 insider sales for $20.35 million activity. $13.84M worth of The Boeing Company (NYSE:BA) was sold by Muilenburg Dennis A on Monday, July 31. $616,499 worth of The Boeing Company (NYSE:BA) was sold by Verbeck Robert E on Monday, July 31. Shares for $32,321 were sold by Downey Thomas J. $1.02M worth of The Boeing Company (NYSE:BA) was sold by CAPOZZI HEIDI B on Monday, July 31.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It dropped, as 50 investors sold BA shares while 609 reduced holdings. 165 funds opened positions while 367 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Gradient Lc has invested 0.04% in The Boeing Company (NYSE:BA). Cwm Llc stated it has 0.02% in The Boeing Company (NYSE:BA). Dupont Corporation owns 52,501 shares. Glg Limited Liability has invested 0.43% in The Boeing Company (NYSE:BA). Moreover, Dekabank Deutsche Girozentrale has 0.31% invested in The Boeing Company (NYSE:BA) for 165,737 shares. Breton Hill Cap Ltd owns 0.21% invested in The Boeing Company (NYSE:BA) for 4,452 shares. The Hawaii-based Ckw Group has invested 0.01% in The Boeing Company (NYSE:BA). Loring Wolcott And Coolidge Fiduciary Advsr Ltd Liability Partnership Ma has 8,889 shares. Envestnet Asset Management accumulated 0.03% or 57,151 shares. Cohen Klingenstein Ltd Co has 4,700 shares for 0.18% of their portfolio. Greenwood Gearhart Incorporated holds 26,512 shares or 2.43% of its portfolio. Apriem Advisors holds 0.15% or 2,334 shares. Alps Advsrs has 5,697 shares for 0.01% of their portfolio. 5,875 were accumulated by Sol Cap Mngmt. Investment Of Virginia Limited Com invested 0.09% of its portfolio in The Boeing Company (NYSE:BA).

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Boeing had 88 analyst reports since August 26, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Wednesday, April 20. Canaccord Genuity maintained The Boeing Company (NYSE:BA) on Friday, April 28 with “Hold” rating. The firm earned “Hold” rating on Wednesday, September 20 by Wells Fargo. Goldman Sachs upgraded the shares of BA in report on Thursday, July 27 to “Hold” rating. Melius Research maintained the shares of BA in report on Monday, January 8 with “Buy” rating. The stock of The Boeing Company (NYSE:BA) has “Hold” rating given on Friday, April 28 by Credit Suisse. Cowen & Co maintained it with “Buy” rating and $25500 target in Monday, July 24 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, October 24. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. The firm earned “Hold” rating on Thursday, October 26 by Canaccord Genuity.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on January, 25. They expect $0.86 EPS, up 8.86% or $0.07 from last year’s $0.79 per share. INTC’s profit will be $4.02B for 12.57 P/E if the $0.86 EPS becomes a reality. After $1.01 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -14.85% negative EPS growth.

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 34 have Buy rating, 5 Sell and 15 Hold. Therefore 63% are positive. Intel Corporation had 207 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 30 by UBS. The firm earned “Overweight” rating on Wednesday, October 14 by Pacific Crest. On Friday, July 28 the stock rating was maintained by Jefferies with “Sell”. The company was maintained on Monday, March 21 by Deutsche Bank. The firm earned “Perform” rating on Thursday, July 21 by Oppenheimer. On Friday, January 27 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. Canaccord Genuity maintained Intel Corporation (NASDAQ:INTC) on Friday, September 8 with “Hold” rating. As per Thursday, January 14, the company rating was initiated by SunTrust. On Wednesday, September 23 the stock rating was upgraded by Bernstein to “Mkt Perform”. The rating was maintained by Roth Capital with “Buy” on Monday, September 19.

Masters Capital Management Llc, which manages about $652.61 million and $4.29 billion US Long portfolio, upped its stake in Cisco Sys Inc (Call) (NASDAQ:CSCO) by 1.00 million shares to 2.00 million shares, valued at $67.26 million in 2017Q3, according to the filing. It also increased its holding in Bank Amer Corp (Call) (NYSE:BAC) by 1.47M shares in the quarter, for a total of 5.00 million shares, and has risen its stake in Deutsche Bank Ag (Call) (NYSE:DB).

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