As Boeing Co (BA) Market Value Rose, Shareholder Roffman Miller Associates Cut Its Stake by $1.32 Million; Schwartz Investment Counsel Has Increased Its Johnson Ctls (JCI) Stake by $540,040

January 14, 2018 - By Richard Conner

Roffman Miller Associates Inc decreased its stake in Boeing Co (BA) by 3.81% based on its latest 2017Q3 regulatory filing with the SEC. Roffman Miller Associates Inc sold 5,208 shares as the company’s stock rose 4.66% with the market. The institutional investor held 131,490 shares of the aerospace company at the end of 2017Q3, valued at $33.43 million, down from 136,698 at the end of the previous reported quarter. Roffman Miller Associates Inc 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 6.56M 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.

Schwartz Investment Counsel Inc increased its stake in Johnson Ctls Inc (JCI) by 2% based on its latest 2017Q3 regulatory filing with the SEC. Schwartz Investment Counsel Inc bought 13,501 shares as the company’s stock rose 1.65% with the market. The institutional investor held 689,554 shares of the consumer durables company at the end of 2017Q3, valued at $27.78M, up from 676,053 at the end of the previous reported quarter. Schwartz Investment Counsel Inc who had been investing in Johnson Ctls Inc for a number of months, seems to be bullish on the $36.83 billion market cap company. The stock increased 0.61% or $0.24 during the last trading session, reaching $39.8. About 5.94M shares traded or 4.47% up from the average. Johnson Controls International plc (NYSE:JCI) has risen 13.24% since January 14, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

Schwartz Investment Counsel Inc, which manages about $1.74 billion and $1.60B US Long portfolio, decreased its stake in Bank New York Mellon Corp (NYSE:BK) by 100,000 shares to 464,200 shares, valued at $24.61M in 2017Q3, according to the filing. It also reduced its holding in Graco Inc (NYSE:GGG) by 18,000 shares in the quarter, leaving it with 299,150 shares, and cut its stake in Moodys Corp (NYSE:MCO).

Among 25 analysts covering Johnson Controls Inc. (NYSE:JCI), 14 have Buy rating, 1 Sell and 10 Hold. Therefore 56% are positive. Johnson Controls Inc. had 76 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Monday, June 5 by RBC Capital Markets. The firm has “Sector Perform” rating given on Tuesday, December 15 by RBC Capital Markets. The rating was maintained by Goldman Sachs with “Buy” on Tuesday, November 1. The stock has “Neutral” rating by Robert W. Baird on Friday, January 5. On Thursday, September 8 the stock rating was upgraded by Macquarie Research to “Outperform”. The stock of Johnson Controls International plc (NYSE:JCI) earned “Market Outperform” rating by JMP Securities on Monday, October 23. The stock has “Outperform” rating by Bernstein on Friday, September 16. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, July 27 report. The stock has “Buy” rating by Robert W. Baird on Monday, August 28. The rating was maintained by RBC Capital Markets on Tuesday, November 1 with “Sector Perform”.

Investors sentiment increased to 0.75 in 2017 Q3. Its up 0.25, from 0.5 in 2017Q2. It increased, as 5 investors sold JCI shares while 3 reduced holdings. 1 funds opened positions while 5 raised stakes. 999,054 shares or 44.59% less from 1.80 million shares in 2017Q2 were reported. Farmers Bankshares holds 0.08% or 3,380 shares. Schwartz Inv Counsel holds 1.74% of its portfolio in Johnson Controls International plc (NYSE:JCI) for 689,554 shares. Alphamark Advsr Ltd Co reported 95 shares or 0% of all its holdings. Vantage Limited Liability has invested 0.01% in Johnson Controls International plc (NYSE:JCI). Cleararc reported 0.14% of its portfolio in Johnson Controls International plc (NYSE:JCI). American Rech & Mngmt Co owns 501 shares for 0.01% of their portfolio. Cutler Ltd Com owns 19,000 shares or 0.34% of their US portfolio. Cibc Ww Mkts Corp has 0.05% invested in Johnson Controls International plc (NYSE:JCI) for 135,808 shares. Altfest L J Incorporated holds 6,252 shares. 270 are owned by Edge Wealth Management Limited Liability Corporation. Cullinan Assocs stated it has 111,400 shares. Gemmer Asset Management Ltd holds 0.01% or 346 shares in its portfolio.

Roffman Miller Associates Inc, which manages about $833.24M and $758.50 million US Long portfolio, upped its stake in Rpm International Inc Delaware (NYSE:RPM) by 12,479 shares to 419,212 shares, valued at $21.52M in 2017Q3, according to the filing. It also increased its holding in Exxon Mobil Corporation (NYSE:XOM) by 9,371 shares in the quarter, for a total of 212,063 shares, and has risen its stake in Mcdonalds Corp (NYSE:MCD).

Since July 31, 2017, it had 0 insider purchases, and 5 sales for $20.35 million activity. On Monday, July 31 the insider Smith Gregory D sold $4.85M. $1.02 million worth of The Boeing Company (NYSE:BA) was sold by CAPOZZI HEIDI B. Muilenburg Dennis A sold $13.84M worth of The Boeing Company (NYSE:BA) on Monday, July 31. 2,522 shares were sold by Verbeck Robert E, worth $616,499 on Monday, July 31.

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

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. Canaccord Genuity maintained it with “Buy” rating and $150 target in Thursday, January 28 report. On Friday, September 1 the stock rating was maintained by RBC Capital Markets with “Hold”. Cowen & Co maintained The Boeing Company (NYSE:BA) rating on Monday, July 24. Cowen & Co has “Buy” rating and $25500 target. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, October 26. The firm earned “Hold” rating on Friday, July 7 by Canaccord Genuity. On Tuesday, June 13 the stock rating was maintained by Cowen & Co with “Buy”. The stock has “Buy” rating by Deutsche Bank on Monday, December 5. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Bernstein on Wednesday, September 20. Canaccord Genuity maintained The Boeing Company (NYSE:BA) rating on Wednesday, October 18. Canaccord Genuity has “Hold” rating and $245 target. The rating was maintained by Wells Fargo with “Hold” on Wednesday, September 20.

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