Equities Analysts Issue Forecasts for Boeing's Q1 2018 Earnings (BA)

Lloyd Doyle
April 16, 2018

Analysts await The Boeing Company (NYSE:BA) to report earnings on April, 25. The company had a trading volume of 4,733,463 shares, compared to its average volume of 5,509,725.

Boeing Co (NYSE:BA) opened at 182.18 on Friday. It has outperformed by 70.80% the S&P500.

Iron Financial Llc decreased its stake in Cme Group Inc (CME) by 6.41% based on its latest 2017Q4 regulatory filing with the SEC. The institutional investor held 79,521 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $11.61M, down from 84,971 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 $193.36B market cap company. Arcus Capital Partners LLC now owns 1,640 shares of the aircraft producer's stock valued at $324,000 after acquiring an additional 12 shares during the last quarter. The shares were sold at an average price of $163.72, for a total transaction of $15,745,607.28. It has underperformed by 15.98% the S&P500.

Big Money Sentiment decreased to 0.79 in Q4 2017. Its down 0.02, from 0.81 in 2017Q3. The ratio turned negative due to BA positioning: 65 sold and 614 reduced.

Several other hedge funds have also made changes to their positions in the company. The aircraft producer reported $4.80 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.91 by $1.89.

FinTrust Investment Advisory Services LLC decreased its stake in shares of Boeing (NYSE:BA) by 28.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. Reynders Mcveigh Mngmt Limited Liability invested in 0.16% or 4,233 shares. Lazard Asset Mgmt Lc reported 0.17% in The Boeing Company (NYSE:BA). Bancorporation Hapoalim Bm accumulated 818 shares. Hartford Financial Mngmt Inc owns 7,550 shares or 1.09% of their USA portfolio. It also upped Marvell Technology Group Ltd (NASDAQ:MRVL) stake by 40,830 shares and now owns 52,330 shares. (NASDAQ:CME) earned "Buy" rating by RBC Capital Markets on Tuesday, August 1. Argent reported 68,837 shares. 1St Source Financial Bank has 0.32% invested in The Boeing Company (NYSE:BA). United Asset Strategies, a New York-based fund reported 3,699 shares. Kings Point Capital Management reported 3.06% of its portfolio in The Boeing Company (NYSE:BA). Sadoff Inv Management Ltd Liability owns 775 shares for 0.02% of their portfolio. Arcadia Mngmt Mi reported 100 shares.

Since February 8, 2018, it had 0 insider purchases, and 1 sale for $12.17 million activity. Therefore 72% are positive. The rating was maintained by Deutsche Bank on Monday, August 7 with "Buy". Cowen reissued a "buy" rating and issued a $415.00 price objective on shares of Boeing in a research report on Tuesday, April 10th. The stock of The Boeing Company (NYSE:BA) has "Neutral" rating given on Thursday, February 18 by Buckingham Research. On Friday, February 23 the stock rating was maintained by Morgan Stanley with "Equal-Weight". Jefferies maintained the stock with "Buy" rating in Monday, January 8 report. Zacks Investment Research upgraded Boeing from a "hold" rating to a "buy" rating and set a $330.00 price target on the stock in a research note on Tuesday, January 2nd. The firm earned "Buy" rating on Wednesday, January 3 by Seaport Global. The firm has "Outperform" rating given on Monday, October 30 by Bernstein. Imperial Capital maintained it with "Hold" rating and $12.0 target in Wednesday, March 7 report. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The Boeing Company (NYSE:BA) has risen 82.35% since April 15, 2017 and is uptrending. Jefferies Group analyst S. Kahyaoglu now forecasts that the aircraft producer will post earnings per share of $2.65 for the quarter, down from their prior forecast of $3.01. BA's profit will be $1.56B for 30.95 P/E if the $2.66 EPS becomes a reality. The institutional investor held 981,311 shares of the aerospace company at the end of 2017Q4, valued at $289.40M, up from 152,715 at the end of the previous reported quarter.

Oakmont Corp, which manages about $622.49 million and $679.84M US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 450 shares to 50,872 shares, valued at $59.49 million in 2017Q4, according to the filing.

Investors sentiment decreased to 1.05 in Q4 2017. Its up 0.13, from 0.87 in 2017Q3. 78 funds opened positions while 212 raised stakes. Thompson Davis & Co Inc holds 750 shares.

Pacad Investment Ltd increased General Electric Co (NYSE:GE) stake by 230,511 shares to 394,900 valued at $6.89 million in 2017Q4. It increased, as 29 investors sold CME shares while 224 reduced holdings. Cypress Capital Mgmt Limited Liability Corp holds 43,803 shares or 2.48% of its portfolio. Sequent Asset Mngmt Ltd Liability Company invested in 9,600 shares or 0.31% of the stock. State Of Alaska Department Of Revenue accumulated 0.11% or 61,997 shares. Iron Financial Llc sold 5,450 shares as the company's stock rose 9.29% while stock markets declined. Cwm Lc stated it has 0% in CME Group Inc. (NYSE:OMC). Moore Cap Management Lp invested 0.36% in Omnicom Group Inc. $5.77M worth of Cigna Corporation (NYSE:CI) shares were sold by MURABITO JOHN M. On Friday, March 2 the insider Cordani David sold $7.05M. Parametrica Limited reported 0.3% stake. New Mexico Educational Retirement Board owns 0.06% invested in Omnicom Group Inc. 31,415 Ford Motor Company (NYSE:F) shares with value of $324,875 were sold by Galhotra Ashwani Kumar. Brandes Investment Prns Limited Partnership owns 161,872 shares. Corporate insiders own 0.24% of the company's stock.

Since December 11, 2017, it had 0 buys, and 10 sales for $17.30 million activity. 300 shares were sold by GEPSMAN MARTIN J, worth $49,287 on Thursday, February 15. Therefore 37% are positive. CIGNA had 65 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of The Boeing Company (NYSE:BA) has "Underperform" rating given on Wednesday, April 20 by Bank of America. The rating was maintained by Wells Fargo on Wednesday, October 4 with "Market Perform". (NYSE:NLS) rating on Wednesday, July 6. The firm earned "Buy" rating on Thursday, February 1 by Credit Suisse. Jefferies maintained it with "Hold" rating and $82.0 target in Monday, August 14 report. The firm has "Sell" rating given on Friday, June 2 by RBC Capital Markets.

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