Soros Fund Management Has Raised Position in 3M Co (MMM) by $329,000; As Boeing Co (BA) Stock Value Rose, Bank Of Hawaii Has Upped Its Position by $398,664

April 20, 2018 - By Dolores Ford

The Boeing Company (NYSE:BA) Logo

Bank Of Hawaii increased its stake in Boeing Co (BA) by 9.58% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of Hawaii bought 1,356 shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 15,507 shares of the aerospace company at the end of 2017Q4, valued at $4.57 million, up from 14,151 at the end of the previous reported quarter. Bank Of Hawaii who had been investing in Boeing Co for a number of months, seems to be bullish on the $198.22B market cap company. The stock decreased 0.91% or $3.09 during the last trading session, reaching $337.55. About 1.18 million shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since April 20, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

George Soros increased its stake in 3M Co (MMM) by 127.27% based on its latest 2017Q4 regulatory filing with the SEC. Soros Fund Management Llc bought 1,400 shares as the company’s stock declined 8.03% with the market. The hedge fund run by George Soros held 2,500 shares of the medical and dental instruments company at the end of 2017Q4, valued at $588,000, up from 1,100 at the end of the previous reported quarter. Soros Fund Management Llc who had been investing in 3M Co for a number of months, seems to be bullish on the $129.59 billion market cap company. The stock decreased 0.43% or $0.95 during the last trading session, reaching $217.9. About 994,044 shares traded. 3M Company (NYSE:MMM) has risen 13.36% since April 20, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

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. The company was maintained on Friday, February 2 by Tigress Financial. Morgan Stanley maintained the shares of BA in report on Tuesday, October 24 with “Equal-Weight” rating. Wells Fargo downgraded the shares of BA in report on Friday, December 18 to “Market Perform” rating. Melius Research maintained The Boeing Company (NYSE:BA) on Monday, January 8 with “Buy” rating. RBC Capital Markets upgraded the stock to “Sector Perform” rating in Thursday, July 27 report. The rating was maintained by Jefferies with “Buy” on Friday, March 24. Citigroup maintained it with “Buy” rating and $160 target in Monday, September 19 report. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Cowen & Co on Wednesday, June 21. The stock has “Buy” rating by J.P. Morgan on Friday, July 14. The rating was initiated by RBC Capital Markets with “Underperform” on Thursday, January 12.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.02, from 0.81 in 2017Q3. It worsened, as 65 investors sold BA shares while 614 reduced holdings. 148 funds opened positions while 391 raised stakes. 373.50 million shares or 9.30% less from 411.79 million shares in 2017Q3 were reported. Atlas Browninc has 1,914 shares. Sand Hill Global Advisors Ltd Liability Corp invested in 2,492 shares. Cypress Cap Gp owns 17,374 shares for 1.07% of their portfolio. Westpac has 0.24% invested in The Boeing Company (NYSE:BA) for 36,229 shares. Coldstream Cap has invested 1.14% in The Boeing Company (NYSE:BA). Gw Henssler And Assoc Ltd holds 0.38% or 13,732 shares. Exxonmobil Inv Tx has 0.72% invested in The Boeing Company (NYSE:BA). Da Davidson & accumulated 0.52% or 84,813 shares. Toth Advisory stated it has 0.41% in The Boeing Company (NYSE:BA). Strs Ohio accumulated 545,519 shares. 33,641 are owned by Griffin Asset Management. Nottingham Advsr Inc reported 1,206 shares or 0.05% of all its holdings. Pinnacle Associate Limited holds 69,560 shares or 0.39% of its portfolio. Murphy Management holds 47,972 shares. United Kingdom-based Kames Public Limited has invested 0.82% in The Boeing Company (NYSE:BA).

Bank Of Hawaii, which manages about $1.30 billion and $1.22B US Long portfolio, decreased its stake in Cintas Corp (NASDAQ:CTAS) by 6,795 shares to 2,715 shares, valued at $423,000 in 2017Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 4,067 shares in the quarter, leaving it with 222,559 shares, and cut its stake in Ishares (IVE).

Since February 8, 2018, it had 0 insider purchases, and 1 sale for $12.17 million activity.

Since October 27, 2017, it had 0 buys, and 21 sales for $34.51 million activity. On Wednesday, January 31 THULIN INGE G sold $11,102 worth of 3M Company (NYSE:MMM) or 44 shares. $1.86 million worth of stock was sold by Shin Hak Cheol on Thursday, February 1. Fong Ivan K sold $547,377 worth of stock or 2,348 shares. Shares for $351,708 were sold by Little Frank R Jr.. 6,243 shares valued at $1.54 million were sold by Vale Michael G. on Friday, February 2. Lindekugel Jon T had sold 400 shares worth $92,023 on Tuesday, October 31.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 83 analyst reports since July 24, 2015 according to SRatingsIntel. UBS maintained 3M Company (NYSE:MMM) on Wednesday, December 16 with “Buy” rating. Morgan Stanley maintained it with “Underweight” rating and $201 target in Monday, October 2 report. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, March 30. The company was maintained on Monday, October 5 by Barclays Capital. RBC Capital Markets maintained 3M Company (NYSE:MMM) on Wednesday, October 11 with “Hold” rating. RBC Capital Markets maintained the shares of MMM in report on Wednesday, January 3 with “Hold” rating. The stock of 3M Company (NYSE:MMM) earned “Hold” rating by Stifel Nicolaus on Wednesday, October 25. On Friday, April 28 the stock rating was maintained by Credit Suisse with “Buy”. The stock of 3M Company (NYSE:MMM) has “Hold” rating given on Monday, July 10 by RBC Capital Markets. The rating was maintained by Bernstein with “Market Perform” on Wednesday, March 30.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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