Boeing Co Com (BA) Share Price Rose While Butensky & Cohen Financial Security Decreased Holding; Wedge Capital Management L LP Has Increased Its Stake in Assurant (AIZ) by $3.14 Million as Share Price Rose

February 18, 2018 - By Dolores Ford

Wedge Capital Management L LP increased its stake in Assurant Inc. (AIZ) by 2.84% based on its latest 2017Q3 regulatory filing with the SEC. Wedge Capital Management L LP bought 33,016 shares as the company’s stock rose 2.87% with the market. The institutional investor held 1.19 million shares of the finance company at the end of 2017Q3, valued at $114.13 million, up from 1.16M at the end of the previous reported quarter. Wedge Capital Management L LP who had been investing in Assurant Inc. for a number of months, seems to be bullish on the $4.72B market cap company. The stock decreased 0.17% or $0.15 during the last trading session, reaching $89.92. About 447,744 shares traded or 8.10% up from the average. Assurant, Inc. (NYSE:AIZ) has risen 14.19% since February 18, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Butensky & Cohen Financial Security Inc decreased its stake in Boeing Co Com (BA) by 20.5% based on its latest 2017Q3 regulatory filing with the SEC. Butensky & Cohen Financial Security Inc sold 1,945 shares as the company’s stock rose 4.66% with the market. The institutional investor held 7,543 shares of the aerospace company at the end of 2017Q3, valued at $1.92 million, down from 9,488 at the end of the previous reported quarter. Butensky & Cohen Financial Security Inc who had been investing in Boeing Co Com for a number of months, seems to be less bullish one the $208.94B market cap company. The stock decreased 0.40% or $1.42 during the last trading session, reaching $355.04. About 5.21M shares traded or 5.38% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since February 18, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It worsened, 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. Moneta Grp Incorporated Investment Advsr Ltd Liability Com, a Missouri-based fund reported 1,765 shares. Affinity Invest Ltd accumulated 69,864 shares or 2.06% of the stock. Optimum Invest invested in 0.75% or 8,821 shares. Hermes Management owns 0.04% invested in The Boeing Company (NYSE:BA) for 11,256 shares. Lifeplan Fin Group holds 1,092 shares or 0.18% of its portfolio. Cannell Peter B & Com accumulated 0.06% or 6,790 shares. Hgk Asset Management stated it has 3,283 shares or 0.12% of all its holdings. Symphony Asset Management invested 0.74% in The Boeing Company (NYSE:BA). Rench Wealth Inc reported 20,209 shares. First Bank & Trust Of Hutchinson reported 1,087 shares or 0.17% of all its holdings. Menora Mivtachim has 168,260 shares for 1.74% of their portfolio. Texas Permanent School Fund invested 0.5% of its portfolio in The Boeing Company (NYSE:BA). Greenwood Gearhart reported 26,512 shares. Asset invested 0.44% of its portfolio in The Boeing Company (NYSE:BA). Madison Invest Holding accumulated 0.4% or 87,678 shares.

Among 25 analysts covering Boeing (NYSE:BA), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Boeing had 103 analyst reports since August 26, 2015 according to SRatingsIntel. The stock has “Buy” rating by Tigress Financial on Friday, February 2. Melius Research maintained The Boeing Company (NYSE:BA) on Monday, January 8 with “Buy” rating. The firm has “Buy” rating by Standpoint Research given on Thursday, January 14. On Friday, June 2 the stock rating was maintained by RBC Capital Markets with “Sell”. The rating was maintained by Jefferies with “Buy” on Tuesday, May 30. The firm has “Hold” rating given on Wednesday, November 15 by RBC Capital Markets. As per Friday, September 22, the company rating was maintained by Jefferies. The company was maintained on Monday, January 8 by Jefferies. As per Monday, November 2, the company rating was downgraded by Standpoint Research. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Friday, July 14 by J.P. Morgan.

Wedge Capital Management L L P, which manages about $10.84 billion and $10.74 billion US Long portfolio, decreased its stake in Albemarle Corporation (NYSE:ALB) by 14,278 shares to 59,007 shares, valued at $8.04 million in 2017Q3, according to the filing. It also reduced its holding in Guaranty Bancorp (NASDAQ:GBNK) by 13,464 shares in the quarter, leaving it with 273,060 shares, and cut its stake in Minerals Technologies Inc. (NYSE:MTX).

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.04, from 0.97 in 2017Q2. It increased, as 20 investors sold AIZ shares while 122 reduced holdings. 48 funds opened positions while 96 raised stakes. 46.94 million shares or 1.23% less from 47.53 million shares in 2017Q2 were reported. Kbc Group Inc Nv reported 0.01% in Assurant, Inc. (NYSE:AIZ). Srb holds 0.02% of its portfolio in Assurant, Inc. (NYSE:AIZ) for 1,842 shares. Hermes Invest Mgmt accumulated 5,000 shares. State Of Tennessee Treasury Department owns 224,909 shares. First Manhattan Company reported 0.03% in Assurant, Inc. (NYSE:AIZ). Advantus Management accumulated 5,377 shares. 16,357 are held by State Treasurer State Of Michigan. Brandywine Global Mgmt Ltd Company holds 0.15% of its portfolio in Assurant, Inc. (NYSE:AIZ) for 245,099 shares. Chevy Chase Trust accumulated 47,286 shares or 0.02% of the stock. Northern owns 785,765 shares. Guardian Life Insur Of America stated it has 125 shares. Wellington Grp Limited Liability Partnership, a Massachusetts-based fund reported 1.48 million shares. Korea Inv invested 0.01% of its portfolio in Assurant, Inc. (NYSE:AIZ). Kemnay Advisory Service Inc accumulated 8,573 shares. Bnp Paribas Arbitrage Sa invested in 0.01% or 50,164 shares.

Among 7 analysts covering Assurant (NYSE:AIZ), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Assurant had 10 analyst reports since July 30, 2015 according to SRatingsIntel. As per Friday, August 14, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Thursday, July 30 by SunTrust. Piper Jaffray maintained the stock with “Neutral” rating in Wednesday, October 21 report. The rating was initiated by Credit Suisse on Friday, October 7 with “Neutral”. As per Thursday, October 20, the company rating was downgraded by Bank of America. The company was maintained on Wednesday, October 11 by SunTrust. Bank of America downgraded the stock to “Underperform” rating in Monday, January 9 report. The stock of Assurant, Inc. (NYSE:AIZ) has “Buy” rating given on Monday, August 3 by Bank of America.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts