American International Group Cut Boeing Co/The (BA) Stake; Wexford Capital LP Has Decreased By $12.75 Million Its Rsp Permian (RSPP) Stake

April 19, 2018 - By Marguerite Chambers

RSP Permian, Inc. (NYSE:RSPP) Logo

Wexford Capital Lp decreased Rsp Permian Inc (RSPP) stake by 49.8% reported in 2017Q4 SEC filing. Wexford Capital Lp sold 318,653 shares as Rsp Permian Inc (RSPP)’s stock declined 3.11%. The Wexford Capital Lp holds 321,206 shares with $13.07 million value, down from 639,859 last quarter. Rsp Permian Inc now has $7.85 billion valuation. The stock increased 0.70% or $0.34 during the last trading session, reaching $49.22. About 31,083 shares traded. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

American International Group Inc decreased Boeing Co/The (BA) stake by 94.79% reported in 2017Q4 SEC filing. American International Group Inc sold 3.24 million shares as Boeing Co/The (BA)’s stock rose 8.82%. The American International Group Inc holds 178,272 shares with $52.57M value, down from 3.42M last quarter. Boeing Co/The now has $199.12 billion valuation. The stock decreased 0.56% or $1.92 during the last trading session, reaching $339.08. About 164,590 shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since April 19, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.11, from 1.28 in 2017Q3. It turned negative, as 28 investors sold RSPP shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. 134.36 million shares or 0.75% more from 133.37 million shares in 2017Q3 were reported. Teachers Insur And Annuity Association Of America has invested 2.2% in RSP Permian, Inc. (NYSE:RSPP). Invesco has 811,525 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 7,156 shares or 0% of all its holdings. Prelude Capital Mngmt Limited Company accumulated 15,781 shares or 0.05% of the stock. Viking Fund Management Lc holds 1.2% or 180,000 shares. Parkside State Bank And reported 1,079 shares. Manufacturers Life Ins Company The owns 0% invested in RSP Permian, Inc. (NYSE:RSPP) for 4,846 shares. Rhumbline Advisers stated it has 131,439 shares or 0.01% of all its holdings. Ftb Advisors Incorporated holds 0% or 313 shares. Swiss Comml Bank reported 202,591 shares stake. Proshare Advsr Ltd Liability Co owns 9,124 shares or 0% of their US portfolio. The Maryland-based Profund Advsrs Ltd Limited Liability Company has invested 0.01% in RSP Permian, Inc. (NYSE:RSPP). Brown Brothers Harriman And Co has 45 shares for 0% of their portfolio. Quantitative Mgmt Ltd Llc owns 0.01% invested in RSP Permian, Inc. (NYSE:RSPP) for 23,000 shares. Mitchell Inc has 562,440 shares.

Among 38 analysts covering RSP Permian (NYSE:RSPP), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. RSP Permian had 153 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, November 4 by RBC Capital Markets. Wunderlich maintained RSP Permian, Inc. (NYSE:RSPP) rating on Wednesday, August 5. Wunderlich has “Buy” rating and $31 target. The stock has “Buy” rating by Jefferies on Monday, August 14. The company was initiated on Friday, August 14 by KeyBanc Capital Markets. The rating was maintained by Roth Capital on Tuesday, July 25 with “Buy”. As per Wednesday, December 2, the company rating was upgraded by Deutsche Bank. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, July 20. The firm earned “Buy” rating on Monday, December 11 by Credit Suisse. As per Thursday, May 4, the company rating was maintained by FBR Capital. Goldman Sachs maintained RSP Permian, Inc. (NYSE:RSPP) rating on Wednesday, August 9. Goldman Sachs has “Buy” rating and $63 target.

Since December 11, 2017, it had 0 insider purchases, and 5 sales for $8.25 million activity. Wallace Family Partnership – LP also sold $1.39 million worth of RSP Permian, Inc. (NYSE:RSPP) shares. Another trade for 25,000 shares valued at $926,250 was made by McNeill Scott K. on Monday, December 11. $1.74M worth of stock was sold by Collins Ted Jr on Wednesday, January 3.

Analysts await RSP Permian, Inc. (NYSE:RSPP) to report earnings on May, 1. They expect $0.49 earnings per share, up 206.25% or $0.33 from last year’s $0.16 per share. RSPP’s profit will be $78.12M for 25.11 P/E if the $0.49 EPS becomes a reality. After $0.32 actual earnings per share reported by RSP Permian, Inc. for the previous quarter, Wall Street now forecasts 53.13% EPS growth.

Wexford Capital Lp increased Pq Group Hldgs Inc stake by 360,700 shares to 380,700 valued at $6.26 million in 2017Q4. It also upped Ishares Tr (TLT) stake by 4,319 shares and now owns 14,207 shares. Ishares Tr (IWM) was raised too.

American International Group Inc increased Progressive Corp (NYSE:PGR) stake by 20,422 shares to 239,489 valued at $13.49M in 2017Q4. It also upped Palo Alto Networks Inc (NYSE:PANW) stake by 2,110 shares and now owns 3,558 shares. Illumina Inc (NASDAQ:ILMN) was raised too.

Among 25 analysts covering Boeing (NYSE:BA), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Boeing had 110 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. Goldman Sachs maintained The Boeing Company (NYSE:BA) rating on Friday, April 28. Goldman Sachs has “Sell” rating and $134 target. The stock of The Boeing Company (NYSE:BA) has “Equal-Weight” rating given on Tuesday, October 24 by Morgan Stanley. The firm earned “Buy” rating on Thursday, April 5 by Bernstein. JP Morgan downgraded the shares of BA in report on Friday, February 12 to “Neutral” rating. The firm has “Buy” rating given on Monday, January 29 by Berenberg. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Robert W. Baird on Tuesday, January 16. Bernstein maintained the shares of BA in report on Wednesday, September 20 with “Buy” rating. The stock has “Buy” rating by Seaport Global on Wednesday, January 17. Buckingham Research downgraded the shares of BA in report on Monday, February 13 to “Underperform” rating.

Analysts await The Boeing Company (NYSE:BA) to report earnings on April, 25 before the open. They expect $2.56 earnings per share, up 27.36% or $0.55 from last year’s $2.01 per share. BA’s profit will be $1.50 billion for 33.11 P/E if the $2.56 EPS becomes a reality. After $4.80 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -46.67% negative EPS growth.

RSP Permian, Inc. (NYSE:RSPP) Institutional Positions Chart

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