Micron Technology (MU) Holder Nepsis Capital Management Has Decreased Its Stake as Market Valuation Rose; Legg Mason Asset Management Japan Cut Stake in Boeing Co (BA) by $304,800

January 14, 2018 - By Winifred Garcia

Bill Miller decreased its stake in Boeing Co (BA) by 12.63% based on its latest 2017Q3 regulatory filing with the SEC. Legg Mason Asset Management Japan sold 1,200 shares as the company’s stock rose 4.66% with the market. The hedge fund run by Bill Miller held 8,300 shares of the aerospace company at the end of 2017Q3, valued at $2.11 million, down from 9,500 at the end of the previous reported quarter. Legg Mason Asset Management Japan who had been investing in Boeing Co for a number of months, seems to be less bullish one the $200.24B 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.

Nepsis Capital Management Inc decreased its stake in Micron Technology Inc (MU) by 14.29% based on its latest 2017Q3 regulatory filing with the SEC. Nepsis Capital Management Inc sold 30,966 shares as the company’s stock rose 19.14% with the market. The institutional investor held 185,759 shares of the technology company at the end of 2017Q3, valued at $7.31 million, down from 216,725 at the end of the previous reported quarter. Nepsis Capital Management Inc who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $49.50 billion market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $42.81. About 28.46M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since January 14, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Since August 1, 2017, it had 0 buys, and 14 sales for $12.71 million activity. Thorsen Steven L. JR also sold $4.53 million worth of Micron Technology, Inc. (NASDAQ:MU) shares. Shares for $10,507 were sold by ARNZEN APRIL S. On Thursday, September 28 Deboer Scott J sold $520,372 worth of Micron Technology, Inc. (NASDAQ:MU) or 13,694 shares. On Wednesday, August 16 Mondry Lawrence N sold $765,485 worth of Micron Technology, Inc. (NASDAQ:MU) or 25,000 shares. Poppen Joel L sold $3.09 million worth of stock or 80,000 shares.

Investors sentiment increased to 1.37 in Q3 2017. Its up 0.29, from 1.08 in 2017Q2. It improved, as 52 investors sold MU shares while 205 reduced holdings. 114 funds opened positions while 237 raised stakes. 886.67 million shares or 6.47% more from 832.79 million shares in 2017Q2 were reported. 683 Management Ltd Liability holds 1.57% or 380,000 shares. 6,859 are owned by Levin Capital Strategies L P. Beaconlight Cap Limited Liability Corp reported 137,400 shares. State Of Alaska Department Of Revenue stated it has 38,611 shares or 0.08% of all its holdings. Nelson Van Denburg And Campbell Wealth Management Grp Inc has 0.02% invested in Micron Technology, Inc. (NASDAQ:MU). Van Eck Associates Corp has invested 0.21% in Micron Technology, Inc. (NASDAQ:MU). Louisiana State Employees Retirement Sys invested 0.13% in Micron Technology, Inc. (NASDAQ:MU). Wafra Investment Advisory Group New York owns 437,634 shares for 0.84% of their portfolio. Ubs Asset Mngmt Americas invested 0.3% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Stelliam Mgmt Limited Partnership, a New York-based fund reported 1.11 million shares. Capital Research Global Invsts holds 44.93 million shares. Clearbridge Invests Limited Com owns 2,500 shares. Cannell Peter B & Co reported 0.26% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Ifrah Fincl holds 13,704 shares or 0.2% of its portfolio. 154,653 are owned by Mason Street.

Nepsis Capital Management Inc, which manages about $214.00M and $193.71 million US Long portfolio, upped its stake in Rio Tinto Plc (NYSE:RIO) by 57,425 shares to 110,157 shares, valued at $5.20 million in 2017Q3, according to the filing. It also increased its holding in Baidu Inc (NASDAQ:BIDU) by 3,446 shares in the quarter, for a total of 43,951 shares, and has risen its stake in Oracle Corp (NYSE:ORCL).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Micron Technology Inc. had 205 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Mizuho on Thursday, August 17. The rating was maintained by Deutsche Bank on Friday, March 24 with “Buy”. The stock has “Buy” rating by Deutsche Bank on Tuesday, August 18. The rating was upgraded by Robert W. Baird to “Outperform” on Tuesday, May 31. Standpoint Research downgraded the shares of MU in report on Monday, August 29 to “Hold” rating. The company was maintained on Wednesday, October 5 by Barclays Capital. The stock has “Underperform” rating by Bank of America on Wednesday, October 21. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Hold” rating given on Tuesday, December 13 by Loop Capital. The company was maintained on Thursday, December 24 by Argus Research. As per Thursday, December 22, the company rating was maintained by Mizuho.

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.

Legg Mason Asset Management Japan, which manages about $169.31M US Long portfolio, upped its stake in Mcdonalds Corp (NYSE:MCD) by 3,500 shares to 6,600 shares, valued at $1.04M in 2017Q3, according to the filing. It also increased its holding in Omega Healthcare Invs Inc (NYSE:OHI) by 28,100 shares in the quarter, for a total of 42,600 shares, and has risen its stake in Clorox Co Del (NYSE:CLX).

Since July 31, 2017, it had 0 insider buys, and 5 sales for $20.35 million activity. 56,838 shares were sold by Muilenburg Dennis A, worth $13.84M. CAPOZZI HEIDI B had sold 4,217 shares worth $1.02 million on Monday, July 31. The insider Verbeck Robert E sold 2,522 shares worth $616,499. Downey Thomas J had sold 134 shares worth $32,321 on Monday, August 7.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It dived, 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. Oregon Public Employees Retirement Fund has invested 0.67% in The Boeing Company (NYSE:BA). Tocqueville Asset Ltd Partnership invested 0.44% in The Boeing Company (NYSE:BA). Yhb Invest Advisors has 0.12% invested in The Boeing Company (NYSE:BA) for 2,556 shares. Argent Mgmt Limited Liability Com has 0.68% invested in The Boeing Company (NYSE:BA) for 68,777 shares. Plante Moran Financial Advisors Limited Co has 146 shares. Campbell & Inv Adviser Ltd Liability Corp reported 0.17% of its portfolio in The Boeing Company (NYSE:BA). The California-based Dowling Yahnke Limited Liability has invested 0.6% in The Boeing Company (NYSE:BA). Redmond Asset Mgmt Limited Co has 2,255 shares for 0.26% of their portfolio. Beacon Financial Gru holds 2,985 shares. Fishman Jay A Mi holds 44,680 shares or 2.32% of its portfolio. Gould Asset Mngmt Ltd Llc Ca, California-based fund reported 3,301 shares. Pillar Pacific Mngmt Llc stated it has 56,071 shares or 1.83% of all its holdings. Etrade Mngmt Limited Liability reported 0.07% of its portfolio in The Boeing Company (NYSE:BA). Menta Capital Lc has invested 0.21% in The Boeing Company (NYSE:BA). Maryland Capital Management reported 0.12% 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 of The Boeing Company (NYSE:BA) has “Equal-Weight” rating given on Thursday, August 17 by Morgan Stanley. The firm has “Buy” rating by Cowen & Co given on Wednesday, June 21. The rating was maintained by Cowen & Co with “Buy” on Friday, December 1. Jefferies maintained the shares of BA in report on Monday, August 28 with “Buy” rating. The stock of The Boeing Company (NYSE:BA) earned “Outperform” rating by Credit Suisse on Thursday, July 27. On Friday, September 1 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of The Boeing Company (NYSE:BA) has “Hold” rating given on Friday, July 7 by Canaccord Genuity. The rating was maintained by Credit Suisse on Tuesday, October 24 with “Buy”. As per Friday, September 22, the company rating was maintained by Jefferies. The rating was maintained by Argus Research with “Buy” on Thursday, April 28.

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