As Alexander & Baldwin New (ALEX) Shares Declined, Holder Ejf Capital Has Decreased Position by $97.10 Million; Boeing Co (BA) Holder Hoertkorn Richard Charles Trimmed Its Position by $412,750 as Market Value Rose

January 14, 2018 - By Adrian Erickson

Hoertkorn Richard Charles decreased its stake in Boeing Co (BA) by 7.16% based on its latest 2017Q3 regulatory filing with the SEC. Hoertkorn Richard Charles sold 1,625 shares as the company’s stock rose 4.66% with the market. The institutional investor held 21,075 shares of the aerospace company at the end of 2017Q3, valued at $5.36 million, down from 22,700 at the end of the previous reported quarter. Hoertkorn Richard Charles who had been investing in Boeing Co for a number of months, seems to be less bullish one the $200.24 billion market cap company. The stock increased 2.47% or $8.09 during the last trading session, reaching $336.21. About 6.56 million shares traded or 96.62% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since January 14, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Emanuel J. Friedman decreased its stake in Alexander & Baldwin Inc New (ALEX) by 86.84% based on its latest 2017Q3 regulatory filing with the SEC. Ejf Capital Llc sold 2.11M shares as the company’s stock declined 8.31% while stock markets rallied. The hedge fund run by Emanuel J. Friedman held 320,003 shares of the finance company at the end of 2017Q3, valued at $14.83 million, down from 2.43M at the end of the previous reported quarter. Ejf Capital Llc who had been investing in Alexander & Baldwin Inc New for a number of months, seems to be less bullish one the $1.36 billion market cap company. The stock decreased 1.07% or $0.3 during the last trading session, reaching $27.66. About 139,711 shares traded. Alexander & Baldwin, Inc. (NYSE:ALEX) has risen 19.58% since January 14, 2017 and is uptrending. It has outperformed by 2.88% the S&P500.

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 firm has “Buy” rating by Canaccord Genuity given on Thursday, January 28. RBC Capital Markets maintained the stock with “Hold” rating in Friday, September 1 report. The company was maintained on Friday, October 6 by RBC Capital Markets. The firm has “Buy” rating by Bernstein given on Wednesday, September 20. The firm has “Buy” rating given on Wednesday, January 3 by Seaport Global. The rating was upgraded by Standpoint Research to “Buy” on Thursday, January 14. The rating was initiated by Robert W. Baird on Thursday, October 6 with “Outperform”. The rating was maintained by Cowen & Co on Friday, December 1 with “Buy”. The firm earned “Hold” rating on Thursday, October 26 by Canaccord Genuity. RBC Capital Markets maintained The Boeing Company (NYSE:BA) rating on Thursday, September 3. RBC Capital Markets has “Sector Perform” rating and $145.0 target.

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. Ajo Limited Partnership holds 0% or 4,169 shares. Barbara Oil has 22,500 shares. Jaffetilchin Prtnrs Ltd Liability has 2,769 shares. Texas-based Teacher Retirement Systems Of Texas has invested 0.57% in The Boeing Company (NYSE:BA). Invesco stated it has 2.57M shares. Cahill Fincl Advisors holds 5,495 shares or 0.74% of its portfolio. Bryn Mawr has 0.07% invested in The Boeing Company (NYSE:BA) for 4,958 shares. Private Advisor Group Llc invested 0.31% in The Boeing Company (NYSE:BA). Moreover, South Dakota Investment Council has 0.19% invested in The Boeing Company (NYSE:BA). Evercore Com Na stated it has 33.71M shares or 24.78% of all its holdings. Guinness Atkinson Asset Mgmt Inc accumulated 27,840 shares or 4.44% of the stock. Aperio Grp Incorporated invested in 0.43% or 298,436 shares. Moreover, Chicago Equity Prns has 0.9% invested in The Boeing Company (NYSE:BA) for 111,405 shares. Lifeplan Financial Group owns 0.18% invested in The Boeing Company (NYSE:BA) for 1,092 shares. Westwood Grp accumulated 594,665 shares or 1.2% of the stock.

Since July 31, 2017, it had 0 insider purchases, and 5 sales for $20.35 million activity. CAPOZZI HEIDI B had sold 4,217 shares worth $1.02M on Monday, July 31. 56,838 shares valued at $13.84 million were sold by Muilenburg Dennis A on Monday, July 31. Downey Thomas J had sold 134 shares worth $32,321. $616,499 worth of stock was sold by Verbeck Robert E on Monday, July 31.

Hoertkorn Richard Charles, which manages about $139.37M and $157.66 million US Long portfolio, upped its stake in Alphabet Inc. by 1,536 shares to 4,079 shares, valued at $3.97 million in 2017Q3, according to the filing.

Analysts await The Boeing Company (NYSE:BA) to report earnings on January, 31 before the open. They expect $2.87 EPS, up 16.19% or $0.40 from last year’s $2.47 per share. BA’s profit will be $1.71 billion for 29.29 P/E if the $2.87 EPS becomes a reality. After $2.72 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts 5.51% EPS growth.

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.09, from 1.03 in 2017Q2. It increased, as 19 investors sold ALEX shares while 56 reduced holdings. 29 funds opened positions while 55 raised stakes. 37.86 million shares or 4.98% more from 36.07 million shares in 2017Q2 were reported. State Street holds 0.01% of its portfolio in Alexander & Baldwin, Inc. (NYSE:ALEX) for 1.57M shares. Legal General Public Ltd Com reported 39,357 shares or 0% of all its holdings. Tower Cap Ltd Com (Trc) reported 4,160 shares stake. Moreover, Natixis has 0% invested in Alexander & Baldwin, Inc. (NYSE:ALEX) for 8,968 shares. Oregon Public Employees Retirement Fund stated it has 0.01% in Alexander & Baldwin, Inc. (NYSE:ALEX). State Treasurer State Of Michigan holds 0.01% or 17,420 shares in its portfolio. New York State Teachers Retirement Sys holds 0.01% or 68,152 shares. Barclays Public Limited Co accumulated 4,966 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,059 shares. Savings Bank Of Montreal Can holds 2,062 shares. M&T Commercial Bank owns 5,251 shares or 0% of their US portfolio. 1,742 are held by Us Bank & Trust De. River Road Asset Mngmt Limited Liability Co holds 0.03% or 32,285 shares. Bamco holds 0.03% of its portfolio in Alexander & Baldwin, Inc. (NYSE:ALEX) for 145,000 shares. Alliancebernstein Limited Partnership has 0% invested in Alexander & Baldwin, Inc. (NYSE:ALEX) for 79,419 shares.

Among 3 analysts covering Alexander & Baldwin (NYSE:ALEX), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Alexander & Baldwin had 4 analyst reports since September 2, 2015 according to SRatingsIntel. The stock has “Sell” rating by Zacks on Wednesday, September 2. The company was maintained on Friday, March 31 by Evercore. JMP Securities downgraded the stock to “Market Perform” rating in Friday, August 26 report.

Since August 16, 2017, it had 0 insider purchases, and 4 sales for $857,236 activity. Shares for $288,500 were sold by BENJAMIN CHRISTOPHER J.

Ejf Capital Llc, which manages about $7.64 billion and $959.75M US Long portfolio, upped its stake in Ally Finl Inc (NYSE:ALLY) by 650,000 shares to 1.71M shares, valued at $41.41M in 2017Q3, according to the filing. It also increased its holding in Hmn Finl Inc (NASDAQ:HMNF) by 35,734 shares in the quarter, for a total of 73,792 shares, and has risen its stake in Ambac Finl Group Inc (NASDAQ:AMBC).

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